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ECONOMICS Minimum Degree Requirements and Satisfactory Progress

To make progress toward a graduate degree, students must meet the Graduate School Minimum Degree Requirements and Satisfactory Progress in addition to the requirements of the program.

Master’s Degrees:

M.S., with available named option Graduate Foundations (GF)

Doctoral Degrees:

Ph.D.

Minimum Graduate Degree Credit Requirement

30 credits

Minimum Graduate Degree Credit Requirement

51 credits

Minimum Graduate Residence Credit Requirement

16 credits

Minimum Graduate Residence Credit Requirement

32 credits

Minimum Graduate Coursework (50%) Requirement

Half of degree coursework (15 out of 30 total credits) must be completed in courses numbered 700 or above.

Minimum Graduate Coursework (50%) Requirement

Half of degree coursework (26 credits out of 51 total credits) must be completed in courses numbered 700 or above.

Prior Coursework Requirements: Graduate Work from Other Institutions

M.S.: Graduate coursework from other institutions will be evaluated on a case-by-case basis by the faculty graduate committee in the Department of Economics. With graduate committee approval, students are allowed to count no more than 7 credits of graduate coursework from other institutions. coursework earned five or more years prior to admission to a master’s degree is not allowed to satisfy requirements.

M.S.–named option in Graduate Foundations: No credits from other institutions are allowed to count toward the M.S. GF degree.

Prior Coursework Requirements: UW–Madison Undergraduate

M.S.: UW–Madison undergraduate coursework will be evaluated on a case-by-case basis by the faculty graduate committee in the Department of Economics With graduate committee approval, students are allowed to count no more than 7 credits of coursework numbered 700 or above taken as a UW–Madison undergraduate. coursework earned five or more years prior to admission to a master’s degree is not allowed to satisfy requirements.

M.S.–named option in Graduate Foundations: With program approval, up to 7 credits numbered 300 or above from a UW–Madison undergraduate degree are allowed to count toward the M.S. GF degree. Coursework earned five or more years prior to admission to the master’s program is not allowed to satisfy requirements.

Prior Coursework Requirements: UW–Madison University Special

M.S.: Coursework numbered 700 or above taken as a UW–Madison special student will be evaluated on a case-by-case basis by the faculty graduate committee in the Department of Economics. With graduate committee approval and payment of the difference in tuition (between special and graduate tuition), students are allowed to count no more than 9 credits of coursework numbered 700 or above taken as a UW–Madison Special student. Coursework earned five or more years prior to admission to a master’s degree is not allowed to satisfy requirements.

M.S.–named option in Graduate Foundations: With program approval and payment of the difference in tuition (between special and graduate tuition), students are allowed to count no more than 9 credits of coursework numbered 700 or above taken as a UW–Madison Special student. Coursework earned five or more years prior to admission to the master’s program is not allowed to satisfy requirements.

Prior Coursework Requirements: Graduate Work from Other Institutions

Graduate coursework from other institutions will be evaluated on a case-by-case basis by the faculty graduate committee in the Department of Economics. With graduate committee approval, students are allowed to count no more than 15 credits of graduate coursework from other institutions. coursework earned ten years or more prior to admission to a doctoral degree is not allowed to satisfy requirements.

Prior Coursework Requirements: UW–Madison Undergraduate

UW–Madison undergraduate coursework will be evaluated on a case-by-case basis by the faculty graduate committee in the Department of Economics. With graduate committee approval, students are allowed to count no more than 7 credits of coursework numbered 700 or above taken as a UW–Madison undergraduate. Coursework earned ten years or more prior to admission to a doctoral degree is not allowed to satisfy requirements.

Prior Coursework Requirements: UW–Madison University Special

Coursework numbered 700 or above taken as a UW–Madison Special student will be evaluated on a case-by-case basis by the faculty graduate committee in the Department of Economics. With graduate committee approval and payment of the difference in tuition (between special and graduate tuition), students are allowed to count no more than 15 credits of coursework numbered 700 or above taken as a UW–Madison special student. Coursework earned ten years or more prior to admission to a doctoral degree is not allowed to satisfy requirements.

Credits per Term Allowed

M.S.: 15 credits

M.S.–named option in Graduate Foundations: 12 credits

Credits per Term Allowed

15 credits

Program-Specific Courses Required

M.S.: Four core economic theory courses, Econ 711–714; mathematical economics (703); and two statistics courses (709 and 710).

M.S.–named option in Graduate Foundations: Three core econometrics courses, Econ 704–706; two microeconomics courses (701 and 708); mathematical economics (700); and one macroeconomics course (702).

Program-Specific Courses Required

Four core economic theory courses, Econ 711–714; mathematical economics (703); and two statistics courses (709 and 710). For more information on courses and fields in the economics department, see the Economics Doctoral Program Guide.

Doctoral Minor/Breadth Requirements

All doctoral students are required to complete a minor. For more information, see the economics department minor fields page.

Overall Graduate GPA Requirement

3.00 GPA required

Overall Graduate GPA Requirement

3.00 cumulative GPA required

Other Grade Requirements

M.S.: A grade of B or better in at least three of the following six courses: 709, 710, 711, 712, 713, 714.

M.S.–named option in Graduate Foundations: None

Other Grade Requirements

None

Probation Policy

The Graduate School regularly reviews the record of any student who earned grades of BC, C, D, F, or Incomplete in a graduate course (300 or above), or grade of U in research credits. This review could result in academic probation with a hold on future enrollment or in being suspended from the Graduate School. 

Probation Policy

The Graduate School regularly reviews the record of any student who earned grades of BC, C, D, F, or Incomplete in a graduate course (300 or above), or grade of U in research credits. This review could result in academic probation with a hold on future enrollment or in being suspended from the Graduate School. 

Advisor / Committee

Every graduate student is required to have an advisor. To ensure that students are making satisfactory progress toward a degree, the Graduate School expects them to meet with their advisor on a regular basis.

An advisor generally serves as the thesis advisor. In many cases, an advisor is assigned to incoming students. Students can be suspended from the Graduate School if they do not have an advisor. An advisor is a faculty member, or sometimes a committee, from the major department responsible for providing advice regarding graduate studies.

A committee often accomplishes advising for the students in the early stages of their studies.

Advisor / Committee

Every graduate student is required to have an advisor. To ensure that students are making satisfactory progress toward a degree, the Graduate School expects them to meet with their advisor on a regular basis.

An advisor generally serves as the thesis advisor. In many cases, an advisor is assigned to incoming students. Students can be suspended from the Graduate School if they do not have an advisor. An advisor is a faculty member, or sometimes a committee, from the major department responsible for providing advice regarding graduate studies.

A committee often accomplishes advising for the students in the early stages of their studies.

Assessments and Examinations

M.S.: A comprehensive examination may be required.

M.S.–named option in Graduate Foundations: None

Assessments and Examinations

The micro and macro theory preliminary examinations must be taken in early summer following the first year of graduate study. Students who do not pass both exams on this first attempt retake the exam(s) they did not pass in late summer. A third attempt is granted only if the student has passed one exam after the second attempt. To maintain satisfactory progress through the program, each student must have the field paper approved by the student’s major field by December 15 of the third year of study and must complete a three-signature dissertation proposal by December 15 of the fourth year of study. Consult the department website for additional information.

Time Constraints

Master’s degree students who have been absent for five or more consecutive years lose all credits that they have earned before their absence. Individual programs may count the coursework students completed prior to their absence for meeting program requirements; that coursework may not count toward Graduate School credit requirements.

Time Constraints Yes

Students must complete the final oral exam by May 15 of the seventh year of study.

Doctoral degree students who have been absent for ten or more consecutive years lose all credits that they have earned before their absence. Individual programs may count the coursework students completed prior to their absence for meeting program requirements; that coursework may not count toward Graduate School credit requirements.

Language Requirements

No language requirements.

Language Requirements

No language requirements.