M.S. Program

The Master of Science in Economics (MSE) or Agricultural Economics (MSAE) are one-year, intensive programs designed to yield job-ready graduates with advanced training in applied economics. Students graduating from this STEM-designated 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.

Applications are now accepted online for fall 2023. There is no formal deadline for application; however, applications received before February 15 are prioritized for scholarship consideration.

Questions? Please email M.S. Program Director Hongli Feng at hfeng@iastate.edu.

Career Opportunities

Providing rigorous training in research and analysis, the MSE or MSAE lead to varied careers. Our graduates’ job placements show they fill vital positions in government and business.


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 completing a theiss or creative component project in their field of interest with the potential to collaborate with industry stakeholders.

Tuition and Fees

The 2022-2023 tuition is $6,194 per semester for residents of Iowa, $14,297 per semester for nonresidents, and $15,181 for international students. Graduate students on assistantship are assessed tuition at the Iowa resident rate. Tuition for the next academic year will likely be somewhat higher. Graduate students are also responsible for mandatory fees of approximately $750 per semester. 


See Estimated Grad Student Costs for listings of estimated student expenses for a nine-month academic year. Please note that the Office of Admissions updates these figures so they may increase in future academic years. These figures are only estimates and can vary student to student.

Financial Assistance

At this time, M.S. students are not eligible for department assistantships. However, all applications are reviewed for scholarship opportunities. Applications received early are prioritized for scholarship consideration.