M.S. Agricultural and Applied Economics Option Application

The Agricultural and Applied Economics M.S. AAE, a STEM-designated program, is for candidates with clear interest, experience and foundation coursework in a specific field of applied economics: AgricultureEnvironment and Natural ResourcesInternational Development and Community Economics.

Students take a set of core courses and choose from several field-focused and applied economics elective courses. This program does not include professional development coursework. The MSPO program is a better fit for candidates looking for professional preparation and growth in applied economic analysis and data analysis. The degree requires 30 credits of coursework and normally takes 3 to 4 semesters to complete. Applications are accepted for the Fall term only.

ONLINE APPLICATION

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Application Requirements

  • Online application

  • Statement of purpose
    Summarize educational goals, past experiences and career plans relevant to the AAE MS program. Indicate which field of applied economics that you would like to focus on: Economics of Agriculture, Economics of Environment and Natural Resources, Economics of International Development or Community Development Economics. Information about educational background or other relevant details should be included. Use pdf format to upload to the online application.
  • Three letters of recommendation
    Request detailed letters from instructors or advisors who are able to judge your qualifications for graduate work in this field. Most useful are letters from faculty who taught you in one or more classes. In the application, you will supply their email addresses, and the Graduate School will send them instructions on how to upload their letters.
  • Transcripts from all colleges or universities
    • You will be asked to upload unofficial transcripts or copies of official transcripts into the online application. The Graduate School will request official paper copies of all transcripts if you are admitted to the department.
    • International academic records must be in the original language accompanied by an official English translation.
  • Graduate Record Exam scores.
    GRE scores must be from within the previous 5 years. For score reporting, use the UW-Madison institution code of 1846. No department code necessary.  GMAT scores are not accepted in lieu of GRE.
  • English proficiency for international students. International degree-seeking applicants must prove English proficiency. See the Graduate School requirements for more information.
  •  For score reporting, use the UW-Madison institution code of 1846.
  • CV/Resume

Cost of Study and Financial Aid

The AAE Department does not offer graduate assistantships to M.S. students as part of the admission process. M.S. AAE Option students may find positions within the department or in other departments on campus through the UW Job Center.

Tuition

Cost of Study

Graduate School Funding and Financial Support

MS AAE Admissions Information

Course prerequisites

  • The MS AAE includes course work that presumes students have successfully taken courses in:
    • intermediate microeconomic theory
    • intermediate macroeconomic theory
    • two semesters of calculus
    • introductory statistics
    • coursework in one field of applied economics

Number of credits of taught courses: 30

Average time to degree: 3-4 semesters

MSPO Admissions Timeline

By early November: Take the Graduate Record Exam

December 15: Admissions committee begins to read applications

January 15: All complete applications due

February: Admissions decisions sent via email

May 1: Deadline to accept admission

Frequently Asked Questions

MS AAE Option

Questions about the Application

Q What are the institution and department codes I should give to ETS so that my GRE or TOEFL scores will come to you?

A The institution code for UW-Madison is 1846. You do not need to list a code for agricultural economics. Our Graduate School will obtain scores electronically and load them into an applicant database accessible by any department.

Q I graduated from a U.S. University. Do I have to take the TOEFL?

A No. Your U.S. studies exempt you from this requirement. Anyone who has studied in the United States or another English-speaking country for one or more years, and the language of instruction was English, does not need to submit a TOEFL score.

Q Is there a form for letters of recommendation?

A Recommendation writers should follow emailed instructions for electronically submitting letters.

Q Do you admit students for the spring semester?

A No. Courses are sequenced so that the fall courses must precede the Spring courses.

Q Can I apply to both the departments of Agricultural and Applied Economics and Economics? What is needed to do so?

A Yes. You can choose up to three programs when you apply.

Q Can I apply to both the traditional Master’s program and the MS Professional Option?

Yes. Simply indicate interest in both degree options in your statement of purpose. Please note that there are different requirements for the MS AAE and the MS AAE Professional Option.

Q I can’t afford the application fee – can I apply for a fee waiver?

A There are no waivers at this time. Students must submit the application fee before the department will be able to review their application for admission.

Q I am a Visiting International Student. Can I apply to the MS AAE Traditional Option?

A Yes, you can apply at the end of your first year for the Fall start for MS Ag and Applied Economics program or the MS AAE Professional Option. Up to 15 credits can be counted toward either program. Applications are taken for Fall only for MS AAE and Summer or Fall for MS AAE Professional Option.

Q I’m not yet certain if I want a Ph.D. If I apply to the MS Agricultural and Applied Economics program, can I later apply to go on for a Ph.D.?

A Yes. You can apply at the end of your first year of the MS AAE study. Master’s students are not considered for financial aid. Your PhD application will be considered for funding opportunities.

Questions about Academics

Q What is the difference between the MS Traditional Option and MS Professional Option?

A The MS Traditional Option is ideal for is for students with specific interests in one or two areas of applied economics: Environment and Natural Resources Economics, International Development Economics, Economics of Agriculture and Economics of Community Development. Students take a set of three core courses and choose from several area specific elective courses.  This program is area-focused and does not include professional development, or professional skills coursework like the MS Professional Option program. The degree normally takes 3 to 4 semesters to complete. Applications are accepted for the Fall term only.

The MS AAE Professional Option
(MSPO) program is a full-time, 15-month, accelerated professional master’s program offered on a cohort model. The program focuses on helping students to develop skills in economic reasoning, data management, empirical analysis, and technical communication. Students are prepared to enter the professional workforce in both the US and abroad in data-intensive and quantitatively focused jobs in economic consulting, businesses, agribusinesses, non-profit organizations focused on development, and governmental sectors. Skills learned can be applied across the specific areas. Students take a prescribed set of courses in a cohort setting. Full-time students attend Fall, Spring, Summer and Fall terms. Applications are accepted in Summer and Fall only. Students enter this program with a variety of majors but have taken the prerequisite courses. There is also a tuition difference.  The MSPO program’s tuition is $1500 per credit.

Q How is your program ranked?

A There are many rankings, with Wisconsin consistently placing in the top five to twelve programs nationally.

Questions about Admissions and Financial Aid

Q Is there a minimum grade point average or test score required for admission?

A The Graduate School requires an undergraduate grade point average of at least 3.0 (on a 4.0 scale) or the equivalent for admission. There is no cutoff for GRE scores here are average scores for accepted candidates. All application materials are taken into consideration when making admission decisions.

GPA:      3.5

GRE V:   155/69%

GRE Q: 166/88%

TOEFL: 100

Q Do you provide assistantships or scholarships for MS degree students?

A No, not at this time. MS students can apply to jobs that are posted in the UW Jobs listing and work on an hourly basis.

Q What is your acceptance rate?

A The acceptance rate for MS AAE Option is 34%.

Q What is the size of your entering class?

A The combined MS AAE student number is generally 25 to 40 students. Each year there are 2-4 MS AAE students and 12-20 MSPO students.

Q Can I be a part-time student?

A US residents can pursue the MS Agricultural and Applied Economics Option or the MS AAE Professional option on a part-time basis. International students who are on F1 Visas must be enrolled full-time.

Visit AAE

We welcome you to come visit the department. Any prospective students who would like to arrange an on-campus visit should contact the Graduate Program Coordinator at least two weeks before coming. We will arrange meetings with students and faculty, to help you learn as much as you can about our programs.

Visit UW-Madison Official Page

APPLICATION TIMELINE

This program admits students only for the Fall semester that begins in September each year. There is no summer entry.

By November Take Graduate Record Exam (GRE). GRE scores must be from within the previous 5 years
December 15 Admissions committee begins reading applications
January 15 All complete applications due
February 30 Admission decisions emailed to applicants
May 1 Deadline to accept admission