Bridge business forecasts and economic outlooks

Gain a deeper understanding of the fundamentals that govern economic activity. In the Applied Economics MBA program, you’ll study the forces that drive markets and the economics of the decision-making processes of businesses and consumers. You’ll get to hone your problem-solving abilities and have the option of two tracks for further specialization: Applied Microeconomics & Policy Analysis and The Economic Environment.

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Study in the center of Chicago’s business district

DePaul’s ties and proximity to companies in the finance industry, government and nonprofit sectors allow you to connect and gain real-world experience. You’ll find everything from Fortune 500 companies to startups within walking distance of our Loop Campus.

Application Deadlines

Enrollment Quarter	Domestic Student Deadline	International Student Deadline
Fall	August 15	August 15
Winter	December 1	October 1
Spring	March 1	February 1
Summer	June 1	April 1

Admission Requirements

Submit your application, essay, résumé, transcripts, and letters of recommendation.

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Required Courses

You'll take 11 MBA core courses, five electives plus three economics courses.

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97%

of MBA graduates were employed, continuing their education or pursuing other goals within six months of graduation.

 

$85k

The median reported salary for MBA graduates was $85,000.

Train with experts who practice what they teach

You’ll learn from economists like Brian Phelan who are active in their fields and bring real-world experience into the classroom. Phelan is an assistant professor of economics as well as a research fellow for the Federal Reserve Bank. His teaching philosophy emphasizes the importance of intuition, real-world applications of economic ideas, honest discussions about the limitations of economic theory and hands-on practice with actual data.

Alumni Network

Join our diverse community of Applied Economics MBA degree alumni who are employed in fields such as manufacturing, communications, banking, insurance, retailing, finance, investing, transportation, utilities and consulting, and well as positions in various departments of federal, state and local governments.

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Flexible formats to work with any lifestyle

Full-time Day MBA for early-career professionals or career changers. Classes offered during the day.
Evening MBA for established professionals in need of flexibility. Classes are in the evenings.

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Scholarships

Graduate school is an investment in your future. Kellstadt awarded more than $3 million to incoming students last year. Learn more about scholarship opportunities available to you.

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Applied Economics MBA Admission Requirements

• Application & fee
• Essay
• Letter of recommendation
• Resume
• Test optional – GMAT/GRE Scores (submission is optional)
• Interview (Full-Time MBA only)
• International student admission requirements: Click here.

Submit your online application and the $60 application fee

An essay explaining your interest in the program and your professional goals is required.

The Kellstadt Graduate School of Business requires official transcripts from all degree-granting institutions. The admission committee reserves the right to request official transcripts from universities where an applicant attended but did not complete a degree. Please note that not submitting all transcripts where courses have been completed could impact course waivers.

Full-time MBA applicants must submit one letter of recommendation from a current or previous employer. Submit the letter through the online application or kgsb@depaul.edu. Be sure to include the name of the recommender and applicant's name on the letter.? ?

All MBA applicants must also submit a professional resume that summarizes their work experience and educational background.?

Interviews are required only for applicants to the Full-time MBA program. The admission committee may require applicants to other programs to schedule an interview if necessary.

Deadlines

To ensure that you will be able to enroll in the quarter of your choice, we recommend that you apply by these dates:

Enrollment Quarter	Domestic Student Deadline	International Student Deadline
Fall	August 15	June 15
Winter	December 1	October 15
Spring	March 1	January 15
Summer	June 1	April 15

 

Concentration Requirements

DePaul’s MBA concentration in Applied Economics gives students a deeper understanding of the fundamentals that govern economic activity. Students study the forces that drive markets and the economics of the decision-making processes of business and consumers in a market system. This concentration is particularly ideal for analytically focused, logically minded students who want to hone their problem-solving abilities.

In this concentration, you will gain the knowledge, competencies and skills to:

• Help businesses and organizations adapt to the ever-changing economic environment.
• Relate the domestic and global economic outlooks to your business’s or organization’s markets, as well as advanced applications for bridging strategic analysis to financial forecasts and valuation.
• Prepare and interpret forecasts for businesses regarding optimal pricing, sales and advertising, marketing policies, purchasing, industrial relations and investment and portfolio decisions.
• Conduct empirical analyses of business and consumer decision-making.
• Apply evidence-based methodology to inform decisions and policy.??

Course Requirements

To complete this concentration, students are required to complete three graduate-level Economics courses.  ECO 502, ECO 509 and ECO 555 (if taken to satisfy core requirements) are not approved for use as MBA concentration electives. 

Course	Title	Quarter Hours
ECO 507	DATA ANALYTICS I: REGRESSION ANALYSIS
ECO 516	ECONOMICS OF THE PUBLIC SECTOR I
ECO 517	THE PUBLIC POLICY, BUSINESS, AND ETHICAL ENVIRONMENT OF GOVERNMENT
ECO 518	LABOR ECONOMICS AND LABOR RELATIONS
ECO 525	STRATEGIC DECISION MAKING AND GAME THEORY
ECO 526	BUSINESS STRATEGY
ECO 528	STRATEGIES AND PROCESSES OF NEGOTIATIONS
ECO 529	COMPETITION, STRATEGY AND ANTITRUST POLICY
ECO 531	BUSINESS MODELS AND INNOVATION STRATEGY
ECO 535	BEHAVIORAL ECONOMICS AND DECISION-MAKING
ECO 557	INTERNATIONAL TRADE THEORY & POLICY
ECO 540	THE BUSINESS OF HEALTH
ECO 541	HEALTHCARE DATA ANALYTICS
ECO 542	HEALTH ECONOMICS
ECO 798	SPECIAL TOPICS (MANAGERIAL HEALTH ECONOMICS)
ECO 798	SPECIAL TOPICS (CONGRESSIONAL RESEARCH FELLOWSHIP)