The Department of Economics offers a 5-year combined degree program (3+2 Fastrack) that provides undergraduate students the opportunity to earn a Bachelor of Science in Economics and a Master of Science in Economics.
The Master’s degree program was created in response to the increasingly high demand from students seeking a professional master’s degree in economics and employers looking for candidates with advanced training.
The Master of Science (M.S.) in Economics provides rigorous training in economics and econometrics. Through this program, you'll enhance your analytical and quantitative skills.
After completing this program, you'll be prepared for an immediate career in business or government. You'll also be prepared for further study in top economics and finance Ph.D. programs.
Job Placement
Job placement refers to the successful employment of a person to a job. Our students’ job placement is 100%, and many secure employment before graduation. By showing your capacity to complete a strenuous degree plan in five years, the demand for you as an employee will highly increase. See our Job and Internship Placement for the most current information on where our students are securing employment.
3+2 Fastrack Curriculum
The Fastrack Combination Degree Program typically adds one year of additional coursework that will teach students analytical and quantitative skills along with their real-world applications. These skills are showcased during the required Graduate Capstone ECON 675 course in the second Fall semester of the program.
The remaining hours will consist of:
- 6 hours of graduate level Economics Electives that will count once towards their BA/BS Economics Degree and once towards their MS Economics Degree to "double count"
- 12 hours of Graduate Economics Electives
- 15 hours of Supporting Coursework
The curriculum breakdown can be found on the MS ECON Curriculum website.
Tuition and Fees
The Economics Department Charges Master's students a $5,000 program fee per long semester, or fall and spring. Fastrack 3+2 students will be charged for their first two long semesters, Fall and Spring only, after they have completed their undergraduate curriculum and are reclassified as degree-seeking Master's students. This program fee is in addition to their regular tuition and other university fees. The program fee is used to provide additional academic support and professional development for the Master's students. The Student Business Services office has more information about tuition and fees.
Program Requirements
To apply for admission to the Fastrack 3+2 Combination Program, a student must be an undergraduate Economics Major and:
- Completed ECON 202, 203, 323, 410
- Completed 88 - 95 hours
- 3.0 - Overall OR Economics Major GPA
- Student will receive automatic admission
- 2.6-2.99 - Overall OR Economics Major GPA
- Student application will be reviewed by a committee
- 2.599 and below - Overall OR Economics Major GPA
- Student is not eligible for the program
Note: Graduate Record Examination (GRE) is no longer required.
Deadlines:
- Fall Admissions: April 1
- Spring Admissions: October 15
Informationals & Workshops
If you are wondering if Fastrack is for you, come to an Informational. We have several offerings, so make sure to attend one that works for you!
U3/U4 Info Session: October 4, 12:00 - 1:00 LASB 146
U1/U2 Info Session: November 12, 2:00 - 1:00 LASB 146
How to Apply
- Step 1
- Schedule a meeting with the Fastrack undergraduate advisor, Ms. Shelby Wallace, via Navigate, using the appointment type 3+2/Fastrack Program Advising and indicate “Fastrack Application” in the comment section.
- Step 2
- Submit the following application materials to the MS ECON Assistant Program Director
- Application Worksheet completed with Ms. Shelby Wallace
- Resume (templates can be found on the Career Center website, https://careercenter.tamu.edu).
- Submit the following application materials to the MS ECON Assistant Program Director
- OR, you can attend the Application Workshop October 10 from 2:00 - 4:00 pm in the ERL of LASB. Ms. Shelby & Ms. Margaret will be there to help you with all steps to submit your application on the spot.
Applicants will be notified of their admission to their Texas A&M email.
Curriculum Question Contacts
General B.S./B.A. Economics Curriculum: contact an undergraduate advisor
Undergraduate Fastrack Curriculum: contact Ms. Shelby Wallace or schedule an appointment
M.S. Economics Curriculum: contact the MS ECON Assistant Program Director, Margaret Lomas Carpenter, or schedule an appointment.
For non-economics undergraduate students interested in learning more about the accelerated Master’s program, click on the ECON Minor to Master’s Program and Accelerated Master’s Program page.