In this second article of the series, we will look at doing graduate studies in the field of economics at the University of Florida. In the first article, we looked at the MPSE program at the University of Illinois at Urbana-Champaign. The department of economics at the University of Florida comes under the Warrington College of Business Administration.
In a further subdivision, the Master’s and doctoral degrees in Economics are actually given by the Hough Graduate School of Business (which comes under the Warrington College of Business Administration, so there is no reason to get confused by the different names used in this article). This college is particularly suitable for those people whose desire is to do a PhD in economics and related fields finally.
The Hough Graduate School of Business doesn’t generally encourage applications for Master’s degree programs and directs prospective students to apply for the PhD programs instead. It is interesting to note that the students undertaking Master’s degree programs and those undertaking doctoral programs have the same course structure.
However, the PhD students are offered more financial aid and, by virtue of the degree, they become research economists quicker. So if your ultimate aim is to do a PhD, there is no reason why you should apply for the Master’s degree programs in the first place, and the official website of the Hough Graduate School of Business states as much.
The department of economics at the Warrington College of Business Administration has a mission that is three-fold : teaching, research and service. The infrastructure has been developed accordingly. The college is abuzz with research activity. The various projects being undertaken by the faculty at the college are funded by federal, state and private sources.
At the Hough Graduate School of Business and the Warrington College of Business Administration, the emphasis is mostly on the development of illustrious researches in economics and related fields who have a role to play in both business and industry as well as academia.
The main degrees offered by the Hough Graduate School of Business are undergraduate degrees, Master’s degrees and doctoral degrees. As already mentioned, the college doesn’t encourage applications for the Master’s degree programs and asks students, unless absolutely essential, to direct their applications to the PhD programs. As this article is focused on graduate studies, we won’t focus our attention on the undergraduate programs.
The Doctor of Philosophy (PhD) degree in economics is the main degree offered by the Hough Graduate School of Business. It is primarily intended to make good research economists out of program participants. The entry requirements include having a GPA of at least 3.0 (with the past average being around 3.8) on a scale of 4 and a valid bachelor’s degree from an accredited university.
The good news is that bachelor degree holders in not only economics but also other fields such as engineering can apply. Also, scores of either the General GRE or the GMAT are required. You will also be required to submit letters of reference, preferably from people who have known your previous academic pursuits from close quarters.
Most of the students admitted in the doctoral programs are provided assistant ships (Teaching Assistant ship or Research Assistant ship). The assistant ships are sometimes also coupled with suitable tuition waivers. Apart from these, independent fellowships and scholarship options (such as the Foreign Language and Area Studies Fellowships) are also available.
The Hough Graduate School of Business under the Warrington College of Business Administration at the University of Florida is a great destination to pursue your graduate studies in economics if your aim is to be a valuable research economist in both the industry as well as the academic sector.