4+1 Accelerated Program Benefits


Save time

Students take up to 9 credits their senior year that count towards both their bachelor’s degree in economics or finance and the MA in Economics. Completing the MA requires only two additional semesters!

Avoid stress

We screen applicants as undergraduates, and there is a guaranteed path to graduate program acceptance. Students do not need to take the GRE or GMAT, nor do they need letters of recommendation.

Lower costs

The accelerated timeline will save you money.

A high return on your investment

Average starting salaries are about $20k higher for those with a master’s versus a bachelor’s degree in economics or finance.

4+1 Accelerated Program Admissions


4+1 Accelerated Program

Provisional admission process

Students pursuing the 4+1 program go through a two-step admission process. The first step requires approval by the student’s home department. We refer to this as “provisional” admission, as acceptance in this step does not guarantee admission to the MA Economics. But this will allow students to take course for graduate credit that can count towards their bachelor’s degree. The second step is the standard graduate admission process for the MA Economics program, although this process is streamlined for those with provisional admissions.

Minimum requirements for provisional admission

  • 3.3 cumulative GPA
  • Declared major in economics or finance
  • At least 64 credit hours of required coursework towards the undergraduate major.
  • While not required, applicants are encouraged to have taken ECON 311, 313, and 381 prior to applying.

Other admission criteria

  • Overall and major GPA
  • Prior coursework in economics, mathematics, statistics, and other quantitative fields.
  • Extracurricular activities
  • Work experience

4+1 Accelerated Program

Application process

Students complete an application for the combined accelerated program. As part of the application, students are asked to upload a resume and an Academic History report. While no reference letters are needed, students are asked to provide contact information for one faculty member who can speak to the applicant’s qualifications.

For the foreseeable future, applications will be considered on a rolling basis, and students will be considered for conditional admission subject to capacity constraints.

4+1 Accelerated Program

Requirements for MA Economics program admission

While those granted provisional admission are not automatically approved for the graduate program, we have developed a set of requirements that, if met, guarantee admission to the program. All graduate program applicants are further required to meet Graduate School admissions requirements.

The MA program requires students to select between two concentrations: Applied Economic Analysis, and Financial Economics. Economics and Finance majors are welcome to select either concentration. The admissions criteria depend on the chosen concentration, and are therefore separated below.

It is possible for students to be admitted via other pathways, and students are encouraged to discuss alternatives with the MA program director.

4+1 Accelerated Program

Applied Economic Analysis

  • Economic theory: ECON 311 and ECON 313
  • Data analysis: ECON 381; and ECON 300 (Data Science for Economists), BAS 474, ECON 474, or ECON 481
  • Mathematical methods: MATH 141 and MATH 142; or ECON 482
  • Grades of “B” or better in all coursework used to fulfill the theory, data analysis, and mathematical methods requirements.
  • Cumulative GPA of 3.3.

4+1 Accelerated Program

Financial Economics

  • Economic theory: ECON 311 and ECON 313
  • Data analysis: ECON 381
  • Mathematical methods: MATH 141 and MATH 142; or ECON 482
  • Grades of “B” or better in all coursework used to fulfill the theory, data analysis, and mathematical methods requirements.
  • Cumulative GPA of 3.3.

4+1 Accelerated Program example degree paths


Regardless of their preferred option, finance majors are encouraged to pursue the “collateral option” with a collateral in economics. Economics majors in the Haslam College of Business, with interests in the Financial Economics concentration, are encouraged to pursue the “collateral option” with a collateral in finance. Those pursuing the Applied Economic Analysis concentration are eligible for a Statistics minor if they select one additional Intercollegiate Graduate Statistics and Data Science Program (IGSDSP) course as one of their electives.

Applied Economics Analysis

Bachelor’s program: Senior Year, Fall

3 hours

Bachelor’s program: Senior Year, Spring

3 hours

3 hours

MA program: Fall semester

3 hours

3 hours

3 hours

3 hours

MA program: Spring semester

3 hours

3 hours

3 hours

*To fulfill Statistics minor, we recommend that students select one additional course from the IGSDSP list as one of their electives.

Financial Economics

Bachelor’s program: Senior Year, Fall

3 hours

Bachelor’s program: Senior Year, Spring

3 hours

3-6 hours

MA program: Fall semester

3 hours

3 hours

3 hours

3 hours

MA program: Spring semester

3 hours

3 hours

3 hours

*While students can fulfill the mathematics pre-requisite by completing a year of calculus, all students are strongly encouraged to take this course. This course does not count towards graduate degree requirements.


Interested in the MA in Economics program?

Find Out More