Overview

The Mathematical Economics programme at Massachusetts Institute of Technology (MIT) is designed for students who desire a deeper mathematical foundation than a standard economics degree. This curriculum allows participants to concentrate on a specific subset of economic topics while gaining the strong theoretical preparation required for subsequent graduate study. By integrating advanced quantitative methods with core economic principles, the course ensures students are equipped for high-level analysis.

Why Mathematical Economics at Massachusetts Institute of Technology (MIT)?

The department is home to a doctoral programme frequently ranked as the best in the world, and this excellence extends to the undergraduate level. Students benefit from an environment that interacts with other social sciences, such as political science and psychology, as well as technical fields like statistics and computer science. The university provides access to cutting-edge research through various laboratories and centres, ensuring that the teaching remains at the forefront of the discipline.

Tuition Fee Breakdown

International fee: USD 64310 per year
National fee: USD 64310 per year
Local fee: USD 64310 per year

Visit the Fees and Funding section for a breakdown in your local currency.

Syllabus

The curriculum begins with introductory micro and macro courses before moving into rigorous mathematical training. Students must complete substantial coursework in mathematics, including real analysis and specific seminars. Modules may include:

Principles of Microeconomics
Principles of Macroeconomics
Microeconomic Theory
Econometric Data Science
Real Analysis
Linear Algebra
Differential Equations
Economic Applications of Game Theory
Statistical Methods in Economics

Careers with Mathematical Economics

Graduates from this programme are highly prepared for diverse professional paths in both the private and public sectors. Common career destinations include roles in business, finance, and management consulting, where technical data analysis skills are in high demand. Additionally, the degree serves as an ideal springboard for those pursuing law, public policy, or doctoral research at leading global institutions. The portfolio of skills in mathematical modelling and econometrics is increasingly valued in the modern business world and academia.

Programme Structure

Courses include:

Microeconomics

Macroeconomics

Statistical Methods in Economics

Econometric Data Science

Real Analysis

Differential Equations

Key information

Duration

Full-time
- 48 months

Start dates & application deadlines

Starting 2027-09-08 00:00:00
- Apply before 2027-01-05 00:00:00

Language

English

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Credits

180 alternative credits

Total Units Beyond the GIRs Required for SB Degree.

Delivered

On Campus

Campus Location

Cambridge, United States

Disciplines

Economics Mathematics Econometrics View 62 other Bachelors in Econometrics in United States

This information is based on LinkedIn alumni data for graduates from 2018 to 2024 and may not fully represent all career outcomes

Total alumni

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Academic requirements

We are not aware of any specific GRE, GMAT or GPA grading score requirements for this programme.

English requirements

Duolingo English Test

120

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TOEFL^® IBT

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PTE Academic

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IELTS

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Learn your IELTS Score

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Trusted by 300k learners
98 accuracy using real exam data
4.9/5 student rating

Other requirements

General requirements

Essay

Two letters of recommendation

Secondary School Report (SSR), including high school transcript

For non-native English speakers, we strongly recommend providing the results of an English proficiency exam if you have been using English for fewer than 5 years or do not speak English at home or in school, so that we may consider that information alongside the rest of your application

We do not have cut off or recommended scores for the ACT or SAT as scores are evaluated within an applicant’s context

Tuition Fees

Tuition fees are shown in and the most likely applicable fee is shown based on your nationality.

International Applies to you

Applies to you

Non-residents

64310 USD / year

≈ 64310 USD / year
Out-of-State

64310 USD / year

≈ 64310 USD / year
Domestic

Applies to you

In-State

64310 USD / year

≈ 64310 USD / year

Living costs

Cambridge

United States

1814 - 3756 USD / month

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

Funding

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Scholarships Information

Below you will find Bachelor's scholarship opportunities for Mathematical Economics.

Available Scholarships

You are eligible to apply for these scholarships but a selection process will still be applied by the provider.

About

Overview

Programme Structure

Key information

Duration

Start dates & application deadlines

Language

Prepare for Your English Test

Credits

Delivered

Campus Location

Disciplines

What students do after studying Economics

Academic requirements

English requirements

Prepare for Your English Test

Other requirements

General requirements

Tuition Fees

International Applies to you

Domestic

Living costs

Cambridge

Funding

Need help with your student visa?

Scholarships Information

Available Scholarships

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