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MS in Economics in the Philippines

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Program Overview

The Master of Science in Economics program (MS-ECO) is a two-year graduate program that builds upon and enhances the knowledge and skills gained in an undergraduate economics program, specifically planning and implementing community programs, the study of community behavior, and of the socio-cultural factors that affect the economy. The program aims to instill mastery of analysis tools, philosophy, and processes involved in economic policy as well as the economic behavior of people.

Recommended Undergraduate Program

Students who wish to pursue a graduate degree in the Master of Science in Economics should have an undergraduate degree in the economics field. However, students who do not hold an undergraduate program in those fields but still wish to pursue the program are encouraged to take at least 18 units of courses in the relevant fields.

Subjects and Curriculum

  • Philo. of Commitment to Total Human Development
  • History of Economic Thought with Economic Policies

  • Project Planning and Management

  • Socio-Cultural Analysis Module

  • Mathematics for Economists

  • Phenomenological Research

  • Environmental Economics

  • International Economics

  • Economic Development

  • Macroeconomic Theory

  • Microeconomic Theory

  • Research Methods

  • Economic Analysis

  • Thesis Writing

  • Statistics

Admission Requirements


  • The student must have an undergraduate degree relevant to the program

  • An applicant with a degree not in line with the economic field may still be admitted to the program as long as they take the pre-requisite courses. However, some colleges and universities admit any bachelor’s degree holders. 

  • The student must pass the Graduate Admissions Test of the university

Basic Requirements

  • Undergraduate Transcript of records (Original and Photocopy)

  • Recommendation letters from former professors, deans, or colleagues

  • Letter of intent

  • Most recent medical and dental health record

  • Copy of NSO Certified birth certificate

  • Copy of undergraduate diploma

  • (1) Latest 2”x2”ID Picture

Areas of Specialization

  • Macroeconomics

  • Microeconomics

  • International Economics

Program Outcome

Graduates of MS in Economics are expected to be able to:

  • Apply economic theories and principles in analyzing economic issues

  • Exhibit knowledge of the advanced methods used in economic research

  • Communicate economic arguments and research results effectively

  • Abide by high ethical standards when constituting, analyzing, and interpreting economic data and results

Board Exam

The Master of Science in Economics does not have a board examination. However, graduates may opt to take the Civil Service Examination (CSE) conducted by the Philippine Civil Service Commission (PCSC) to qualify in working in government offices. Some graduates opt to take a Doctorate degree to further gain expertise in the industry.

Career Opportunities

Graduates of Master of Science in Economics may pursue a career path in academic institutions, private sectors, business corporations, government agencies, or financial institutions. They may apply as an economics professor, financial consultant, bank executive, economic department executive, business development executive, market researcher, project coordinator, economics analyst, or researcher.

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