Graduate Programs

Graduate ProgramThe Department of Economics at Iowa State University presents a unique tradition of excellence in graduate education, offering both Ph.D. and M.S. programs that provide rigorous training in economics and agricultural economics.

Since the first M.S. degree in 1913 and the first Ph.D. in 1925, students have come to Iowa State from many states and nations to receive graduate instruction in economics.

Learn more about the new Master of Science in Agricultural Economics (MSAE)

Learn more about the Master of Science in Economics (MSE)

Ph.D. Program

Rankings: The Iowa State Economics Ph.D. program ranks at or near the top when compared to those at other schools, whether judged by research activity, faculty productivity, student support, or quality of education. The evidence of excellence shows in the numerous rankings of Economics Ph.D. programs.

Career Placements: Providing rigorous training in theoretical and applied economics, the Ph.D. program leads to careers in teaching, research, and more. Our PhD graduates' job placements show they fill vital positions in academia, government, and businesses around the world.

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Admission Guidelines

Admission to the Ph.D. program and financial assistance is based on a combination of factors: prior coursework and performance, GRE and TOEFL (international students) results, letters of recommendation, and statement of purpose. Applications are evaluated both individually and in relation to other applicants to the program.


Iowa State offers Doctorate degrees in both Economics and Agricultural Economics. Find out more information about the Ph.D. curriculum.


Learn about tuition, fees, housing, and other expenses.

Financial Assistance

The department offers a variety of assistantships and tuition scholarships. For Ph.D. students, the standard financial aid offer is a half-time assistantship paying a stipend of $18,550 per academic year (9-month appointment) in the first year. Additional benefits include tuition scholarships and health insurance. Find out more about financial assistance.


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Contact us

Want more information about course requirements and how a graduate degree in economics can satisfy your particular interests? Contact us at or (515) 294-2702.