M.S. Agricultural Economics

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: kljacobs@iastate.edu
John Crespi: jcrespi@iastate.edu

Admission Guidelines:

The criteria below were developed based on our experiences with successful applicants. Applicants are not automatically disqualified if they fall short in one or two areas. Likewise, applicants are not guaranteed admission even if they meet all of the criteria.

  • ISU undergraduate students with a cumulative GPA of 3.5 or higher are not required to submit GRE scores. For all other applicants, we recommend:
    • GRE-Verbal>152*
    • GRE-Quantitative>155
    • Analytical Writing 4.0*
  • High grades in math/statistics courses including calculus, linear algebra, and statistics are preferred.
  • High grades in undergraduate economics courses including principles of economics, intermediate microeconomics and macroeconomics, and econometrics.

Note: The Department of Economics does not track the average GPA of incoming students. Rather than focus purely on an applicant's overall GPA, the admissions committee will review grades/marks of  coursework to ensure standards are met prior to admission.

International Applicants

In addition to the guidelines listed above, successful international applicants generally meet the following requirements:

  • TOEFL > 88 (Internet-based) OR IELTS: 6.5

*We understand that some international applicants may struggle in the verbal and analytical writing portions of the GRE. The admissions committee will take into consideration if English is not an applicant's first language.


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

Financial Assistance

We do not offer assistantships for MSAE students; however, all applications are reviewed for scholarship opportunities.