Graduate Programs

Graduate Program

Now Accepting Applications for Fall 2020: Master of Science in Agricultural Economics (MSAE)

The Master of Science in Agricultural Economics is a one-year, professional-track program designed to yield job-ready graduates with advanced training in applied economics. Students graduating from the program will be well-positioned for careers in agribusiness finance, farm management, agribusiness extension, risk analysis, commodity market analysis, agricultural policy, and other similar fields.

Master’s program students will enter in the fall and take coursework during fall and spring semesters. The program concludes with a summer term dedicated to a practicum for students to gain practical experience and combine classroom learning and real-world experiences. The practicum experience will provide students the opportunity to complete an internship in the field.

Applications are now accepted online at the ISU Admissions Office

Program, application, and admission details are below. For more information on the MSAE, please contact:
Keri Jacobs:
John Crespi:


Excellent Rankings

The Department of Economics at Iowa State University presents a unique tradition of excellence in graduate education, overseeing Master of Science and Ph.D. Programs in economics and agricultural economics.
Check out our rankings.

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. See the statistics on the class profiles of the most recent years.

Career Placements

Iowa State Economics Department graduates go on to successful positions in academia, research, and private industry. Read our listing of Ph.D. job placements.

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Admission Guidelines

Admission to the graduate 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 Masters and Doctorate degrees in both Economics and Agricultural Economics. Find out more information about each program's curriculum by exploring the progress guidelines found on the Graduate Programs page. The progress guidelines for Ph.D. students are the same regardless of major (Economics or Agricultural Economics).


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

Financial Assistance

The department offers a variety of assistantships and tuition scholarships. We do not offer assistantships with stipends to M.S. students; however, scholarships for promising students are available. 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. Or contact the Office of Admissions at  or (800) 262-3810.