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MAE Application FAQ

Admissions

What is your application deadline date?

The deadline to submit an application, and all supporting materials, is January 15th.

Do you have rolling admissions?

No, the MAE program only accepts and reviews applications once per year. Admission is for the upcoming Fall semester. The online application opens in September. Applications must be submitted by the January 15th deadline.

Do you accept students for the Winter term?

We only admit for Fall term.

How much is the application fee?

United States citizens and those with permanent resident visa status, $75; Non-U.S. citizens,
$90; Current Rackham students, regardless of citizenship, $10. The application fee is due when you submit your application. The fee is non-refundable and subject to change. Applications submitted without the fee will be withdrawn from the review process. Additional information about the application fee, including the requirements for a fee waiver, can be found here.

What are your tuition rates?

Tuition rates are posted through the Registrar’s Office.

 

To see an estimated cost of attendance, please review the information available here.

Do you offer funding for MAE students?

The Department of Economics does not have any available funding for students in the MAE program.

The Office of Financial Aid provides information regarding the cost of attendance and potential funding sources. Additional information exclusively for graduate students is available through the Rackham Graduate School here.

Do international applicants need to complete financial certification?

International students who are recommended for admission will be contacted by the Rackham Graduate School to submit financial certification in order for the University of Michigan to prepare the I‐20. For detailed information, please see the section on required financial documentation for international students here. If you have been awarded financial aid by the University, the department will verify that information with the Rackham Graduate School.

Can I submit letters of recommendation online?

Yes.

Process for submitting letters of recommendation

Recommendation letters should be submitted by undergraduate teachers or others in a position to evaluate the applicants' potential for graduate study. Please do not send paper recommendations.

What are the minimum requirements for admission to the MAE Program?

Completion of a bachelor’s degree from a U.S. college or university accredited by a regional accrediting association; or Completion of an international degree that is equivalent to a U.S. bachelor’s degree from a college or university recognized and approved by the Ministry of Education or Commission responsible for higher education in the country where the degree is earned. (see Required Academic Credentials from Non-U.S. Institutions).

Minimum degree requirements are set by Rackham Graduate School.  Information can be found here.

Is work/internship experience a requirement for admission?

We do not have a work or internship experience requirement for admission, however we encourage applicants to include work and internship experiences as part of their application for review as it helps provide the admission committee with a fuller picture of the applicant's background.

How can I best prepare for applying to the MAE program?

It is recommended that you have intermediate micro- and macro-economics and a strong math/calculus background to be successful in the MAE program.

I completed a 3-Year Bachelor's Degree in India, am I eligible to apply?

Rackham Graduate School's minimum requirement for an applicant who has completed a three-year bachelor's degree in India is to have also been awarded a master's degree from an institution that is recognized by the Indian Association of Universities to grant degrees. If you have a master's degree that meets that criteria then you are eligible to apply. If it does not, you can not submit an application. Holders of a three-year Bachelor’s degree are not considered eligible for graduate study at the Rackham Graduate School.

More information about required academic credentials from non-U.S. institutions can be found here.

How can I verify whether supporting documents have arrived?

You can check Wolverine Access to determine if supporting documents have been received. You may also utilize the offline chat on the Rackham website.

Scores and Testing Requirements

Must applicants submit a GRE score for admission?

Submission of official Graduate Record Examination (GRE) scores is normally required for MAE program applicants; however, due to difficulties in test scheduling caused by the COVID-19 pandemic, GRE scores will be optional for Fall 2021 applications. Applicants may still submit GRE scores if they wish, but it is not required. If a GRE score report is submitted, it will be considered as one part of a holistic evaluation of the application. This change applies only for Fall 2021 applications.

Applicants who wish to submit a GRE score report (General Test) should use the University of Michigan institution code 1839. The GRE report should be received by the application deadline, January 15th. Because some test centers may be closed, the GRE General Test at home version will also be accepted.

 

What are the average GRE scores of incoming students?

The MAE Program does not have a minimum requirement for GRE scores, however the average GRE scores of incoming students over the past two academic years are:

Quantitative: 166

Verbal: 152

The MAE Program puts strong emphasis on applicant performance on the quantitative portion of the GRE.

Will you accept the GMAT in lieu of the GRE?

We cannot accept the GMAT as a substitution for the GRE.

How do you handle multiple GRE scores?

We accept all scores sent in by the applicant.  The highest scores attained on each section (quantitative, qualitative, writing) will be used for review.

Must international applicants submit a TOEFL/IELTS score for admission?

Applicants whose native language is not English must demonstrate English proficiency, unless they meet one of the criteria for an exemption. Language test scores are valid for two years from the test date. The scores must be received from the testing agency no later than the application deadline, January 15th.

For detailed information about which test scores are accepted and the Rackham Graduate School's minimum score requirements for admission consideration, please review the information here

To qualify for an exemption, the applicant must have completed their entire undergraduate studies (typically 4 years) in the U.S. or other English-speaking country (e.g. Canada, Australia, United Kingdom, New Zealand). International students who completed part of their undergraduate degree at a non-U.S. university, then transferred to a U.S. school and graduated from that institution, do not qualify for an exemption. Additional information regarding exemption criteria is available here.

 

Is there a minimum TOEFL/IELTS score requirement?

In accordance with Rackham Graduate School, our minimum requirements on the two exams are as follows:

  • IBT TOEFL: 84
  • Paper/Pencil TOEFL & TWE: 560
  • IELTS: 6.5

TOEFL scores should be sent to institution code 1839.  

IELTS scores should be mailed directly to Rackham Graduate School.

More information can be found here.

Is there a minimum GPA requirement?

While a minimum GPA is not required, approximately 98% of the applicants offered admission to Rackham Graduate School have a greater than 2.80 (on a 4.00 scale) undergraduate grade point average.

What is the average GPA of incoming students?

The average GPA of incoming students is 3.47 on a 4.00 scale.

General FAQs

How many students attend the MAE Program?

Approximately 45 students enroll in the program each Fall term.

Can I combine the MAE degree with another Masters or Certificate program?

It is possible to apply to two graduate programs. You will need to complete two separate applications, submit payment for two application fees, and provide a complete set of supporting documents to both programs. If you are offered admission to both programs, you can accept only one.

MAE program students are eligible to apply to add a second master's or certificate program after they have completed the first semester of the program. For more information, see the Dual Admission section here

What research opportunities are available for MAE students?

It is rare for MAE students to hold Research Assistant positions within the Department of Economics due to the number of PhD-level students who seek and fill these opportunities.  In many cases, students actively seek research opportunities on their own by building relationships with faculty within and outside the Department of Economics.

What employment opportunities are available for MAE students?

MAE students can seek on campus employment in a variety of places.

In the Department of Economics MAE students have the opportunity to work as exam proctors.  Additionally, some students serve as exam graders for economics faculty.

International students should check with the International Center regarding I-20 employment stipulations.

Is an internship required as part of the MAE Program?

No, an internship is not required as part of the MAE Program, however the program makes every effort to communicate internship opportunities to students throughout the year.  The program encourages students to seek internships as they provide beneficial, hands-on experience.

International Students who seek an internship in the U.S. must apply for CPT .

How many student apply to the MAE Program each year?

For the past few admissions cycles, the MAE program received between 400-600 applications.

How long do students take to complete the MAE Program?

The average time to completion is 3 semesters, however the program can be completed in 2 or 4 semesters depending on the students' needs and if a course plan is approved in advance.

What are the class sizes?

Master’s level Econ class sizes vary. Core courses may have approximately 50-70 students while non-core courses will have fewer students.

What percentage of students are international?

Approximately 90% of our incoming class each year are international, representing a variety of countries.  This is a direct reflection of our applicant pool, which is predominately composed of non-U.S. Citizens.

What percentage of students are female?

Approximately 51% of our incoming class each year are women.

Question not answered above or by Rackham Graduate School

Email Econ-MAEProgram@umich.edu.