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Graduate admission standards

The Department of Economics maintains admission standards that exceed the University’s minimum requirements.

  • Applicants must meet the Economics-specific language proficiency requirements.
  • Applicants are not required to secure a supervisor before applying.
  • GRE scores are optional but strongly recommended, especially for applicants whose highest degree is from outside North America. Strong GRE scores can increase your likelihood of admission.
  • The application fee is set by the University and cannot be waived.

Admission standards

Diploma and MA qualifying program (QP)

  • Undergraduate degree with a cumulative GPA of 3.00 or the equivalent.
  • Sufficient credits in economics and basic statistical and mathematical methods (e.g.: calculus) to cope with graduate-level courses in economics.
  • Ideal for those looking to pursue Economics in grad school (MA QP) or give themselves a competitive edge in their career (GDip).

MA program

  • Honours degree in economics from a recognized university, or the equivalent, with a cumulative GPA of 3.0.
  • Strong performance in core Economic theory courses (Microeconomics, Macroeconomics and Econometrics) as part of a BA or within the Graduate Diploma.
  • Candidates lacking depth in core areas will automatically be considered for the MA qualifying program (QP), with no additional application required.

PhD program

  • PhD applicants typically need a minimum 3.5 GPA (4.3 scale) at the MA level, with a solid “A” standing (GPA of 4.0) in core courses (micro theory, macro theory, and econometrics). They must also demonstrate independent research ability, such as through a strong MA paper. While GRE scores are not required, high scores, especially in the Quantitative section, may strengthen the application.
  • Candidates with an exceptional background may apply directly to the PhD program without completing an MA. 
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