WHO SHOULD APPLY?
The Dual Master’s Degree Program in Applied Economics & Social and Economic Policy is suitable for those who wish to pursue further studies in economics and social policy and related disciplines or seek professional positions in private and public sectors that require solid knowledge in economics, social policy, and analytical skills.
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# QS World University Rankings by Subject (Economics and Econometrics) 2021
^ U.S. News & World Report 2021 (Best Education Schools)
Taught at CUHKsemester-equivalent courses
Northwesterntaught at CUHKquarter-equivalent courses
Northwesterntaught at Evanston, U.S.quarter-equivalent courses
Modern economic and public-policy decisions demand mastery of quantitative methods and data-driven analysis. A pathbreaking dual-degree program—jointly designed by the Department of Economics at The Chinese University of Hong Kong (CUHK) and the School of Education and Social Policy at Northwestern University —opens the door to the study of economics and its application to real world policies in both Chinese and US contexts.
Students spend 10 months at CUHK, taking courses team-taught by CUHK and Northwestern faculty, then transition to Northwestern for 7 months of additional coursework. Upon completion of the program, students receive a master of science in applied economics from CUHK and a master of science in social and economic policy from Northwestern.
The CUHK Department of Economics is among Asia’s top-tier schools, known for its leading research on Chinese economic issues. Northwestern University, with a main campus just north of Chicago and fronting Lake Michigan, is ranked ninth-best in the US. Its School of Education and Social Policy, ranked eighth-best in the US, is world- renowned for the study of social, educational, and economic policy. Both universities have multicultural student bodies and alumni networks that span the globe.
The CUHK-Northwestern dual-degree program is expected to attract highly qualified students who will become leaders in their professions: as policy makers in civil service and nonprofit organizations and as economic analysts and thought leaders in public and private industry and academia.
The program is distinctive for its academic concentrations and rigor, the prestige of its institutions and faculty, its affordability, and its incomparable student experience.
with advanced knowledge in economic science, economics oriented policy making and various applied fields, so as to help students acquire a deep understanding of the complex interplay between theorization and data analyses in studying real world issues, and to lay a solid foundation for advanced studies and research work.
in quantitative analyses involving the application of econometric tools to analyze empirical datasets, derive estimates, test hypotheses and make forecasts; and making informed and insightful decisions in social and economic policy, commercial, managerial and personal contexts with the knowledge and skills in economics and public policy and econometrics.
with attributes to apply economic reasoning to explain the economic rationales for the public policies of China and the US; and develop sensitivity towards the changes in economic landscapes and shifts in economic regimes in the age of rapid globalization, so as to excel in professional positions in public and private sectors.
TWO TOP SCHOOLS
The program requires completing 15 courses, including 9 courses in applied economics, policy, and quantitative analysis, and 6 elective courses.
August – May at CUHK
4 required CUHK courses
2 elective CUHK courses
3 required/elective Northwestern courses
June – December at Northwestern
3 required/elective Northwestern courses
3 required/elective Northwestern courses
From the CUHK curriculum (Total: 4 courses)
Microeconomic Analysis and Applications
ECON 5012 - Microeconomic Analysis and Applications
This course provides an exposition of advanced microeconomic analysis. Topics include consumer theory, general equilibrium, game theory, information economics, and market design etc. The course is designed to emphasize the applications of microeconomic theory in real-world contexts.
Macroeconomic Analysis and Applications
ECON 5022 - Macroeconomic Analysis and Applications
This course covers modern developments in major macroeconomic theories related to long term growth and short term business cycle changes. Emphasis is given to the applications of modern macroeconomic methods in producing quantitative forecasts and predictions, as practiced in principal macroeconomic research organizations such as central banks and investment groups. Topics featured in the course include: (1) Dynamic Programming, (2) Computable General Equilibrium Models, (3) Dynamic Stochastic General Equilibrium Models, (4) Macroeconometrics and (5) Bayesian Methods.
Mathematics for Economic Analysis
ECON 5102 - Mathematics for Economic Analysis
This course introduces the essential mathematical methods for economic analysis. To underscore the relevance of mathematics to economics, this course motivates the study of mathematical methods with the analytical needs of economists, and illustrates the study with appropriate economic applications. The following topics will be covered: elementary real analysis, linear models and matrix algebra for static or equilibrium analysis, differential calculus and comparative static analysis for general function models, optimizations with constraints, differential and difference equations and dynamic optimization. Basic calculus and elementary linear algebra are prerequisites.
Econometric Analysis and Applications
ECON 5122 - Econometric Analysis and Applications
Econometrics combines economics, mathematics, statistics with its applications involving real data analysis and computer programming. This course is an introductory course on the applications of econometric analysis at the graduate level. Topics include: linear model, large sample theory, parameters estimation methods, hypotheses testing, panel data models, discrete choice and censored data, etc., with applications to many real world economic problems.
From the Northwestern curriculum (Total: 5 courses)
Causal Methods for Evaluating Policy
SE_POL 400 - Causal Methods for Evaluating Policy
The main goal of this course is to help students develop skills to interpret, analyze, conduct and communicate about the causal methods used for evaluating policy. The course will provide students with a framework for understanding causal inference and a toolkit for making causal claims using quantitative data. The main topics will include experimental methods, difference-in-differences, instrumental variables, and regression discontinuity design. These will be explored through numerous applications such as the impact of class-size on academic achievement, the effect of home technology on child outcomes, the labor market returns to college, the effect of financial aid policy on college attendance and completion, and the impact of minimum wages on unemployment.
Economics of Public Policy
SE_POL 401 - Economics of Public Policy
This course offers an introduction to fundamentals of economic analysis in the evaluation of education, health, and social policy, using economic reasoning to explain the economic rationales for policies as well as the potential consequences, expected and unexpected, of the policies.
Policy Analysis Using Advanced Methods
SE_POL 403 - Policy Analysis Using Advanced Methods
This course focuses hands on analysis of the real time challenges facing a range of policy areas and industries across federal and state governments and the private sector. Learn the applied analytical methods and statistics used by policy makers and decision leaders to tackle challenges surrounding economic empowerment, energy and climate, finance and regulation, transportation and mobility, and a suite of other issues. Coursework includes qualitative critical analysis and quantitative statistical analysis as well as insights from practitioners in the field.
Social Policy in the United States
SE_POL 407 - Social Policy in the United States
In this course, students will learn about the factors that influence policy making in the United States, what happens to policy as it makes its way through the system and gets played out on the ground, and the role of high-quality, mixed methods policy analysis in these processes. Students will engage these objectives by reading and participating in class discussions of theories of policy making and implementation, as well as by engaging in practical policy brief writing exercises.
Economic Policy in Action
SE_POL 409 - Economic Policy in Action
This course provides a deep discussion of theoretical concepts and empirical tools to understand the design and effects of economic policy, including tax and transfer policy, social insurance, and the effects of macroeconomic factors on individuals, firms, and organizations. Students will also gain hands-on experiences through real-world case studies and develop analytical skills to assist with future decision-making.
SAMPLE ELECTIVE COURSES*
From both CUHK and Northwestern curricula (Total: 6 courses)
ECON 5150 - Applied Econometrics
This is a graduate level course in applied econometrics. Both microeconometric theory and empirical strategies for applied econometric research will be discussed. Modern causal inference including machine learning tools and big data analysis will be introduced. This course will discuss instrumental variable methods, treatment effect, matching, panel data models, differences-in-differences, regression discontinuity designs, binary response model, censored data, and modern causal inference topics including machine learning in causal inference, and so on. Students are advised to take ECON5120/ ECON5121/ ECON5122 before taking this course.
Machine Learning Methods for Economists
ECON 5181 - Machine Learning Methods for Economists
Large-scale data set has become increasingly available in many fields of economics. This presents challenges to statistical inference and even merely “understanding” the data. Meanwhile, it offers abundant opportunities for new inquiries and answers. In this course, we introduce the core statistical methods to work with big data (structured and unstructured) and show how these techniques can be combined with econometric tools in economics research. While we cover major machine learning tools, including supervised learning methods, unsupervised learning and dimensionality reduction, we will focus on their concrete applications in current empirical research. Examples will be drawn from various lines of research, including text as data, relevant prediction problems in economics, and causal inference.
Analysis of China’s Economy
ECON 5311 - Analysis of China’s Economy
Using the Chinese economy as a context, the course is designed to guide and train students to think courageously, creatively, and critically. Students are required to find "puzzles" in the contemporary Chinese economy, to develop economic issues of general relevance from these "puzzles", to frame these issues into theoretical or empirical questions, and finally to draft papers based on these questions. The course relies heavily on class discussion. Students are required to present at each stage of their thinking process. Students are advised to take ECON5010/5011/5012, 5020/5021/5022 and 5120/5121/5122 before taking this course.
ECON 5421 - Financial Economics
This course provides the economic foundation of modern asset pricing theory. It serves as an introduction to the functioning of the financial market as an efficient venue for financing investment activities. Various issues on risk measurement, risk assessment, managing risk, investors' psychological attitudes towards risk, and its implications on consumption and portfolio decision making in an uncertain world will be introduced and discussed. In-depth treatment will be given to the classical Markowitz's mean-variance analysis, CAPM, multi-factor asset pricing theory and no-arbitrage asset pricing theory as cornerstones of modern finance.
ECON 5440 - International Trade
This course offers theoretical, empirical and current topics in international trade. It covers studies of positive issues, such as: Why do countries trade? What goods do countries trade? How does openness to trade shape countries' industrial structure and global production sharing? The course also concerns the normative issues, such as: Is trade beneficial to everyone, or are there winners and losers? What is the impact of trade on economic growth, wage inequality and poverty? All these issues will be discussed both from theories and empirics, as well as at country, industry and firm level. In particular, we will also discuss the ongoing US-China trade war.
ECON 5451 - International Finance
This is a graduate-level international finance course. It aims to provide students with a solid understanding of the modern theories and empirics of international finance. Topics covered in this course include: exchange rate determination theories, exchange rate regimes, capital flows, currency crises, international monetary policy spillovers and coordination, among others.
ECON 5461 - Development Economics
The goal of this course is to understand the economic problems of developing countries by using economic theories and their applications. The course will cover both macroeconomic and microeconomic approaches to development economics. We will first overview the theories of growth and discuss their potential in explaining income differences across countries, and then study the different facets of human development: market, institution, and culture.
ECON 5471 - Labour Economics
The course provides a theoretical and empirical foundation for the analysis of labor market. Topics to be covered include: labor supply and demand, minimum wages, migration, human capital and education production, labor market incentives, efficiency wage, and skill investment. Students should preferably have finished graduate level ECON5012 and ECON5122 before taking this course.
ECON 5481 - Industrial Organization
This course provides an overview of the theory of industrial organization and its applications. Topics include theory of the firm, business integration, supply chain contracting, monopoly, price andnon-price business strategies, and case studies.
ECON 5491 - Corporate Finance
This course addresses the economic theory and empirics of corporate finance and governance. The goal is to help students understand major research issues in the field and develop their skills to apply theory to corporate finance practices. It focuses on important topics such as capital structure, ownership structure, capital budgeting and corporate governance institutions. The course extensively uses the tools of game theory, information economics and microeconometrics. Students are recommended to take ECON 5012 and ECON 5122 before taking this course.
Econometric Methods for Policy Evaluation
ECON 5522 - Econometric Methods for Policy Evaluation
This course is an introduction to rigorous and policy‐relevant impact evaluation strategies and techniques for postgraduate students in economics. The course's main emphasis is on empirical strategies to identify the causal effects of public policies and programs. The course has a strong focus on applications, although students will be expected to fully understand the conceptual underpinnings of each strategy. Topics include instrumental variables, fixed effects, differences-in-differences, experiments, and regression discontinuity design for policy evaluation.
Analysis of Fiscal and Monetary Policy
ECON 5542 - Analysis of Fiscal and Monetary Policy
This graduate course includes two parts. The first part provides elementary theories of monetary policy and fiscal policy, providing students a general framework for policy analysis. The second part mainly discusses the development of Chinese monetary policy and fiscal policy in the past three decades, the potential policy reform and its implications to the Chinese economy. In addition, how monetary policy and fiscal policy respond to financial crises or public health crises will be widely analyzed and discussed in this course.
Economic Analysis of Public Policy in China
ECON 5552 - Economic Analysis of Public Policy in China
This course provides an introduction to contemporary public policies in China. These include economic public policies such as labor, trade, tax and poverty alleviation, as well as social public policies such as environment, population, education, healthcare and social security. This course focuses on using economic concepts and theories to analyze and evaluate such policies.
Special Topics in Economics I
ECON 6810 - Special Topics in Economics I
This is a course on special topics in Economics. The topic may change from one year to another. Some recent topics are international trade, and monetary and financial economics.
Applied Data Science and Applications in Social Policy
SE_POL 408 - Applied Data Science and Applications in Social Policy
This course introduces the process of using data and data science techniques to explore and examine problems or issues related to social policy. Data science is a new powerful approach or discipline that combines various aspects of statistics, programming, mathematics, computer science, and visualization techniques. In this course, we will learn the fundamentals of methods for harnessing and analyzing the vast quantities of new and heterogeneous data using the Python programming language.
Economics of Education
SE_POL 410 - Economics of Education
This course provides the foundational tools for analyzing the economics of education. It will provide several different explanations for why people go to school, including both the signaling and human capital models. Methods for estimating the returns to schooling (i.e. income boosts that can be attributed to education) will be applied and covered in detail. These methods include regression, difference-in-difference, regression discontinuity, and instrumental variables. These tools will also be used to analyze other important questions within education, such as the impact of smaller classes and the importance of teachers. Finally, depending on time and student interest other topics will be explored, such as student debt, school accountability, and higher education finance.
Policies in Practice
SE_POL 411 - Policies in Practice
This course would introduce students to important basic ideas of ethnographic fieldwork, both from a historical perspective on how ethnographic field studies have been used to understand organizations in the past (and the concepts that have been developed in these studies) and from the perspective of newer, contemporary approaches (e.g., the use of video interaction analysis methods). The course would also locate policy as one among several social scientific conceptions of how organizations change. Finally, the class will consider the role of human learning in how policies are experienced and implemented. The culminating assignment for the class will be a small fieldwork study in which students investigate a context in which a policy has been implemented and seek to understand through ethnographic methods (e.g. interviews, observations) how the policy is experienced and understood by relevant organizational stakeholders.
Economics of Health and Wellbeing
SE_POL 412 - Economics of Health and Wellbeing
This course explores economic, social, and environmental determinants of population health and wellbeing, and how health and wellbeing in turn impacts economic productivity and social disparities. In particular, students will learn about the fetal origins hypothesis, historical and recent developments in fertility, health disparities, the role of environmental pollution, trends in mortality, mental health, and subjective wellbeing. Each topic will be paired with the review of a empirical method, deepening the understanding of research techniques and their applications to real-life problems.
Leadership in Organizations
SE_POL 415 - Leadership in Organizations
This course explores individual, organizational, and social factors that influence how leadership is defined and enacted in organizations. This exploration highlights theories and models of effective leadership, providing opportunities to build knowledge, develop your own perspectives, and practice the leadership skills necessary to face the challenges of leading organizations for positive impact in complex environments. We will explore the concept of leadership as a set of organizational responsibilities that are socially conditioned and shaped by different cultural values, social contexts, and individual identities. Readings and activities will cover leadership issues such as: aligning and articulating connections among organization mission, strategy, and culture; recognizing and countering bias to support evidence-based decisions, inclusion, and equity; modeling emotional intelligence; and, developing and inspiring new, emerging leaders. *This course is jointly offered with the MS in Leadership and Organizational Change (MSLOC) program. MSLOC charges a $400 fee for staffing, technology, and during courses with an on-site component. MSLOC also might charge additional fees for assessments or simulations.
*The availability of elective courses varies from year to year. Subject to the approval of the Division Head of both universities.
If you have questions about the Northwestern portion of the program, please visit its website here or send email to firstname.lastname@example.org
- All students are required to meet all program requirements, pass all assessments, and obtain the cumulative overall GPA requirements at each institution. According to the CUHK grading scale, this is a 2.0 requirement, and according to the Northwestern scale, this is a 3.0 requirement.
- Students have to attend the designated seminars organized by the Department of Economics of CUHK and School of Education and Social Policy of Northwestern University.
STUDY AT CUHK
Students who do not have a right of abode or right to land in Hong Kong must obtain a valid visa/entry permit to study in the Hong Kong. The Graduate School of CUHK assists international students with the process of a student visa/entry permit from the Immigration Department of HKSAR.
The application process normally takes around 6-8 weeks. The Immigration Department will take longer time during the summer peak season. Students are advised to submit visa applications with all documents required within 3 weeks from the issuance date of the admission notification.
Students from the Mainland China should allow for at least 2 additional weeks to apply for the Exit-entry Permit for Traveling to and from Hong Kong and Macao (EEP) 《來往港澳通行證》 and Relevant Exit Endorsement 《相關 赴港簽注》 from the Public Security Bureau Office 《戶口所在地公安機關出入境管理部門》 where your household registration is kept, before departure to Hong Kong. Visit the website of the Immigration Department of HKSAR for more information: https://www.immd.gov.hk/.
Find the step-by-step instructions for entire visa application procedure, from completing initial application forms to entry into Hong Kong: https://www.gs.cuhk.edu.hk/admissions/registration/visa-application.
Due to limited hostel places at CUHK, no on-campus accommodation is provided for students taking self-financed taught programs. For information related to off-campus housing, please visit the Off-campus Housing Information Service of the Office of Student Affairs:
COST OF LIVING
In addition to the tuition fee for your study at CUHK, you also have to prepare your budget for other expenses related to your daily living in Hong Kong. Normal ranges of study-related expenses are as follows:
HK DOLLARS (APPROX.) / PER YEAR
US DOLLARS (APPROX.) / PER YEAR (1 USD ~ 7.8 HKD)
HK$96,000 – HK$180,000
US$12,308 – US$23,077
Other living expenses and miscellaneous*
*Source: Education Bureau, The Government of HKSAR:
STUDY AT NORTHWESTERN
Students who do not carry a U.S. passport must obtain the appropriate U.S. student visas to study in the U.S. as required by law. The Office of International Student and Scholar Services (OISS) of Northwestern University assists international students with the process of acquiring and maintaining nonimmigrant visa status.
Find the step-by-step instructions for entire visa application procedure, from completing initial application forms to entry into the U.S.: https://www.northwestern.edu/international/student-visas/index.html .
Compare Visa Types, Fees, & Processing Times: https://www.northwestern.edu/international/employee-visitor-visas/compare-visa-types-fees-and-processing-times.html .
The U.S. Government updates on “Proclamation on the Suspension of Entry as Nonimmigrants of Certain Students and Researchers from the People’s Republic of China”:
ON-CAMPUS OPTIONS FOR STUDENTS
While studying at Northwestern, students will have the option to live in Northwestern housing to have a full U.S. campus experience. On-campus housing is not mandatory, however, and students who wish to live in off-campus private housing may elect to do so. Information about Northwestern Housing for students: https://www. northwestern.edu/living/index.html .
If you do not intend to live in on-campus housing, and will instead pursue housing off-campus, consult off-campus life resources for housing options. The Northwestern University provides various resources to assist members of the Northwestern community in finding housing. The Northwestern University also has resources for those seeking off- campus options, which is available in https://www.northwestern.edu/offcampus/index.html .
COST OF LIVING
In addition to the tuition fee for your study at Northwestern University, you also have to prepare your budget for other expenses related to your daily living in the U.S. Normal ranges of study-related expenses are as follows:
HK DOLLARS (APPROX.) / PER QUARTER
US DOLLARS (APPROX.) / PER QUARTER (1 USD ~ 7.8 HKD)
Other living expenses and miscellaneous*
*Source: Northwestern University:
FACILITATINGYOUR CAREER MOVE
The career prospects of our graduates are excellent. With their specialized understanding of economic science and quantitative skills, they are amongst the most desired employees in the job market, particularly as professionals in the banking and finance sector, and policy makers in civil service and nonprofit organizations and as economic analysts and thought leaders in public and private industry and academia. Both CUHK and Northwestern University have dedicated career units to foster excellence in career development, preparation, and professional opportunities for students by providing comprehensive services and programming and by promoting strong partnerships with employers, academic departments, and the university community.
CAREER SUPPORT AT CUHK
CUHK is the lead university regarding career services and placement in the program. CUHK Department of Economics has set up a Career Unit to support students at every stage of the career development process. To prepare students for a competitive global economy, the Career Unit organizes various learning and development workshops, company visits and one-on-one counselling services, with the aim of enhancing students’ career readiness. Examples include workshops on writing impressive resumes, job interview skills, job market trend, Bloomberg training, professional business and dining etiquette and personal grooming. We offer up-to-date information and support on internships and graduate jobs. In the process, students learn how to clearly identify and articulate their career goals and develop a successful, targeted job search strategy.
Besides the department’s career unit, the Career Planning and Development Centre advocates all-round career preparation through a range of career-focused services and programs, to provide students with comprehensive job market information and insightful advice to help actualize their career aspirations. For more information, please visit https://cpdc.osa.cuhk.edu.hk/.
10 KEY CAREER SERVICES
INDIVIDUAL CAREER CONSULTATION
CV & COVER LETTER REVIEWS
CAREER SKILLS WORKSHOPS
WEEKLY JOB VACANCY UPDATES
BLOOMBERG AND WIND DATABASE TRAINING
INDUSTRY EXPERTISE SHARING
JOB MARKET UPDATES
SUPPORT FOR CASE COMPETITIONS
CAREER SUPPORT AT NORTHWESTERN
The mission of Northwestern Career Advancement (NCA) is to foster excellence in career development, preparation, and professional opportunities for undergraduate and graduate students and alumni by providing comprehensive services and programming and by promoting strong partnerships with employers, academic departments, and the university community.
The wide range of career services for students includes advising, job and internship search assistance, career assessments, access to employment databases, career fairs, and on-campus recruiting. For more information, please visit https://www.northwestern.edu/careers/.
Scholarships will be awarded to applicants with outstanding qualifications upon admission.
Students who have exhibited distinguished academic performance and have demonstrated excellence in other areas are eligible to be received the Academic Excellence Award, the Distinguished Student Service Award and the Excellence in Professional Development Award upon completion of the program.
Download the Program Brochure
Applicants should submit applications through the online admission system from 1 September 2022. All required documents must be received before the application deadlines, and applications will be processed on a rolling basis until all places are filled.
17th October 2022
5th December 2022
20th February 2023
The tuition for the August 2023– December 2024 academic year is HK$438,000 (Subject to University approval). Students are required to pay the tuition fee in three instalments. Additional costs—including fees for student visas, travel, housing, meals, and insurance— vary and are borne by the students.
Tuition fee and other fees (e.g. application fee) are NOT refundable or transferable once paid.
To be considered for admission, an applicant must hold a bachelor’s degree —ideally in economics, public policy, social policy, or a related field—from an accredited institution. Strong academic ability, including quantitative proficiency, is required.
Applicants will be assessed on the basis of past academic performance, work experience, references, language skills, and an in-person or virtual admissions interview. Although applicants are considered separately by CUHK and Northwestern, final admissions decisions are jointly made; only one application is required.
Please visit the Graduate School homepage here for further information on general qualifications for admission, application periods, application procedures et cetera.
Students must obtain the appropriate Hong Kong and US student visas as required by law. Successful applicants receive assistance with their visa applications, housing search, and general transition issues.
Note: If extraordinary circumstances temporarily render US travel impractical, the entire program could be delivered in Hong Kong.
Submit the online application and pay a nonrefundable application fee:
Note: In the Online Application System, please select “Faculty of Social Science, then select “Applied Economics” under “Programme” (Degree: MSc (Master of Science)).
Mail (or hand-deliver) to CUHK a dossier containing a photocopy of the completed application form and all of following:
- Sealed copies of official transcripts from all colleges and universities attended, including details of completed courses, examination results, and grading schemes of all tertiary-level studiesi
- Photocopies of degree certificates (if applicable)
- Proof of fulfillment of the English Language Proficiency Requirementii
- Two letters of recommendation focusing on academic and professional achievement and abilityiii
- Photocopy of identity card or passport
- Current résumé
- Statement of purpose in English
- Writing sample in English (Optional, but strongly recommended as it helps reviewers to assess applicants’ analytical and written communication skills)
Mailing Address: Room 928, 9/F, Department of Economics, Esther Lee Building, The Chinese University of Hong Kong, Shatin (Attn.: DMDP)
Please quote the “Application No.” generated by the online application system on all your application documents.
Notes: If you are applying for both the Dual Master’s Degree Program and the MSc in Economics Program at CUHK Department of Economics, please submit two separate sets of application documents and indicate your preference over the two programs in the Reply Slip for Application Preference.
ENGLISH LANGUAGE PROFICIENCY REQUIREMENT
Applicants must have met the English Language Proficiency Requirement by any of the following means:
- Obtaining a degree from a university in Hong Kong or completing an English-medium bachelor’s degree
- Scoring 85 or above on the internet-based TOEFL or 563 or above on the paper-based TOEFL (institution code: 0812; departmental code: 84)
- Scoring at least 6.5 overall on the IELTS (Academic) test
- Achieving Level 4 or above in the English Language subject of the Hong Kong Diploma of Secondary Education Examination
- Achieving a pass grade in English on one of the following:
- Hong Kong Advanced Level Examination: AS-Level
- Hong Kong Higher Level Examination
- CUHK matriculation examination
- General Certificate of Education Examination: A-Level or AS-Level
Submitting a Writing Sample in English is optional but is highly recommended, as it is a way of showing the applicant’s ability to present ideas and arguments in a manner appropriate to a graduate-level program.
STATEMENT OF PURPOSE
Applicants must submit a statement in English of around 300 words relating the dual-degree program to their academic and professional goals. Applicants who did not major in economics or social policy should explain how their background has prepared them for the program.
i (a) CUHK qualifications (Bachelor’s or higher degrees):
- Photocopies of transcripts issued by CUHK are accepted (not applicable to CUHK (Shenzhen) qualifications).
- Applicants should first download the Transcript Submission Covering Sheet and attach it to the transcript copy. Please send the transcript copy to CUHK Department of Economics directly.
- The program reserves the right to require applicants to submit original transcripts.
i (b) Other qualifications:
- Photocopies will NOT be accepted. Applicants should download the Transcript Submission Covering Sheet and send it to the issuing universities to apply for official transcripts. Official transcripts should be sent directly to CUHK Department of Economics in a sealed envelope from the issuing university.
- Certificates and transcripts, which are not in English or Chinese, should be accompanied by an official certified translation in English.
- Some universities may only issue electronic official transcripts to other institutions. In that event, official electronic transcripts should be sent to CUHK Department of Economics directly from the issuing university.
- Applicants who obtained degrees from universities in Mainland China are required to provide an Online Verification Report (教育部學歷證書電子註冊備案表) issued by the CHESICC (學信網).
- The University may require applicants to provide verification reports of the qualification obtained. Applicants will be notified by the CUHK Graduate Division concerned/CUHK Graduate School separately.
- If you are currently in the final year of your study, you are required to submit the final official transcript once available.
ii TOEFL and IELTS scores are valid for two years from the test date. Applicants must request the test organization of TOEFL/ IELTS to send their official score reports directly to the CUHK Graduate School. Student copy of score report will NOT be accepted.
iii Hard copy of Confidential Recommendations must reach our office directly from the referees, or in sealed envelopes and send by the applicant with other supporting documents to our office. The referees can also choose to submit the Confidential Recommendations via internet.
Please visit the CUHK Graduate School homepage for further information on general qualifications for admission, application periods, application procedures et cetera.
Are dual master's degree worth it? ›
It's entirely possible to earn two master's degrees and there are many reasons to do so. Two master's degrees can help you to pursue more than one academic field, qualify for a position with more responsibility and opportunities and help you to become a top candidate for higher paying jobs.Is a Masters in Applied Economics worth it? ›
Yes, a masters in economics is worth it for many students. Masters in economics programs can help you learn how to interpret financial trends and analyze financial data at an advanced level. This can help you become an invaluable member of a company.What can you do with a masters in economic policy? ›
Five of the most common job titles for ma economic policy management graduates are economist, data scientist, professor of economics, senior financial analyst, and data analyst.Do economics masters pay well? ›
In fact, a master's degree in economics is one of the most lucrative master's degrees you can earn. Monster places a graduate degree in economics among the top 10 best-paying graduate degrees, with a median pay higher than engineering and computer science.What are the disadvantages of dual degree? ›
- Requires a full-time commitment for up to five years.
- While money is saved in the long run, it's costly upfront for tuition and other school-related expenses.
- Dual degrees don't always result in higher salaries.
- Studying two programs simultaneously results in a heavier course workload.
If you have one doctorate, you've achieved the doctoral level. A second (or higher) master's keeps you at the master's level. It can give you greater breadth, but that's not the same as greater depth. It's also not the same level of credential, especially for administrative positions, which often require a doctorate.Is it hard to get a job with a masters in economics? ›
While some entry-level positions only require a bachelor's degree, most of the time, it's much easier to find jobs with a master's in economics. Thankfully, though, master's in economics jobs cover a broad range of opportunities.Can you be an economist with only a masters? ›
A master's degree or Ph. D. is required for most economist positions. A bachelor's degree in economics may qualify candidates for some entry-level economist positions, especially with government offices, or for jobs as research assistants or analysts in business, finance, and consulting.Which is better MBA or masters in economics? ›
MA in Economics are better than MBA. It cover all aspects of Finance and Banking.What is the highest paying economics job? ›
- Personal Financial Advisor. Median Annual Wage 2020 (BLS): $89,330. ...
- Financial Manager. Median Annual Wage 2020 (BLS): $134,180. ...
- Financial Analyst. Median Annual Wage 2020 (BLS): $83,660. ...
- Operations Research Analyst. ...
- Market Research Analyst. ...
- Actuary. ...
- Management Analyst.
What is the salary after MA in economics? ›
The average salary after MA Economics graduation is INR 6 LPA (Source: Payscale).What is the best master degree in economics? ›
- Yale University. Yale's master of international and development economics started in 1955. ...
- Columbia University in the City of New York. ...
- Stanford University. ...
- Duke University. ...
- Rice University. ...
- Vanderbilt University. ...
- Johns Hopkins University. ...
- University of Southern California.
A double master's degree gives you the opportunity to gain two postgraduate degrees from two separate business schools in the time it takes to complete one. Many students use this as an opportunity to study abroad at an internationally focused university, such as Bocconi University in Italy.Can I do 2 Masters degrees at the same time? ›
Facilitating Multiple Learning Pathways
A student can choose a diploma course with an undergraduate one, two Masters' or two Bachelor courses. The aspirants also have an option to take a postgraduate and undergraduate course simultaneously. However, that is possible only if they are eligible for the same.
It's possible to get two full graduate degrees or a joint degree in two graduate areas without doubling the cost of graduate school. There are a variety of time periods, paths, and reasons to study in more than one discipline, which can vary widely based on the schools attended and types of programs offered.Should I get an MBA if I already have a Masters? ›
One of the best benefits of attending an MBA program after earning an MS degree is that you may be prepared to pursue a higher-level career or position within your field that requires management or leadership skills or training.