Frequently Asked Questions

Graduate programs begin Fall semester only. In order to guarantee your application is reviewed for admission, the complete application (including all supplemental materials) needs to be submitted to Iowa State no later than January 15... Read full answer

What led you to choose economics or agricultural economics as a field of study? How has your background prepared you for graduate study in economics? What are your career plans? For Ph.D. applicants: What are your choices of fields of... Read full answer

All complete applications are considered for assistantships. No separate form is needed.

The fee for international students is $100 and U.S. citizens pay a fee of $60.

The website you are viewing contains extensive information about the graduate program and the department's faculty and their research. We strongly encourage prospective students who are able to make a trip to Ames to visit with faculty and... Read full answer

We strongly recommend that students take the GRE, but we will review applications with GMAT instead. The screening guidelines for GMAT scores are: Verbal (M.S. and Ph.D.): 50%; Quantitative (M.S.): 65%; Quantitative (Ph.D.): 75%.

The department occasionally offers fellowship grants or scholarships between $2000 and $5000 per year to supplement assistantship offers to the most qualified applicants.

Both teaching and research assistantships are available although it is much more common for first-year students to be assigned to teaching assistantships.

Each year we make funded offers of admission to about 35 Ph.D. applicants and 0-5 M.S. applicants, with the goal of enrolling 16-18 new Ph.D. students and about 5 new M.S. students (some of whom may enroll without funding).

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A 1/2 time graduate assistantship allows out-of-state students to be assessed Iowa-resident tuition charges. Students receive health insurance coverage and a monthly stipend. In addition, Ph.D. students with 1/2 time appointment will receive a... Read full answer

The TOEFL (or IELTS) test is required for all students whose native language is not English. The requirement will be waived if you already have a U.S. college degree. The test scores expire after two years. If the University receives the official... Read full answer

The GRE test is required for admission to the Department of Economics. To avoid problems, applicants should take the GRE as early as possible. Information on the GRE can be obtained by visiting their... Read full answer

The program's economics courses are very quantitative. Students who do well typically have a strong background in math (calculus, including multi-variate calculus, and linear algebra) and statistics, as well as intermediate microeconomic and... Read full answer

There is no single, sufficient condition for admission with financial aid. We look at a portfolio of items that include (not in any order): GRE scores (especially the Quantitative); transcripts; grades in math and economics courses; letters of... Read full answer