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MA Program

MA Degree Requirements

Students in the Lemberg MA program complete a total of 64 credits (equivalent to 16 full semester courses). Core courses account for 34 credits, but students may exempt from core courses by demonstrating competence. Students may take 4 credits (one course) in a professionally-relevant field other than ECON, FIN, or BUS. 


Number of Credits:

64 credits (equivalent to 16 full semester courses) including:
  • 60 of these credits must be in BUS, ECON or FIN
  • 4 credits may be in a different field, but applicable to the intent of the degree
  • Students take Brandeis IBS (or other approved) electives to reach the 64 credits needed for the degree

Residency:

4 semesters as a full-time student
  • Courses taken during the summer may count towards the MA, but do not contribute to the 4 semester residency requirement.
  • The degree may not be completed in fewer than 4 semesters by taking heavier course loads or taking courses over the summer.
  • Students on an approved study abroad program are considered to be in-residence.
  • The minimum number of credits a full-time student may take is 12 (3 courses), and the maximum is 20 (5 courses).

Pre-Program Preparation:

Students are expected to come into the MA program having taken Microeconomics, Macroeconomics and Statistics. If this has not been done, the appropriate courses are to be taken during the student's first semester: 
  • Statistics (ECON 210f – Foundations of Statistics)

Required Courses:

International Economics: Three courses (12 credits)
  • Capstone or Global Economic Environment (if qualified) - offered in the Spring of year 2 (or Fall).
  • ECON 207a – Managerial Economics – offered in the fall. The only way to exempt from this course is by passing an exemption exam offered during Orientation.
  • ECON 202a – Applied International Macroeconomics - taught in a manner unique to Brandeis IBS. The only way to exempt from this course is by passing an exemption exam offered at the start of your first semester. This exam may only be taken once, and it must be in your first semester. The course must be taken in the spring semester of your first year. 
  • ECON 260a – International Trade Policy - usually offered in the spring.
International Finance: Two courses (8 credits)
  • FIN 201a – Investments is taken in the first (fall) semester, and is a pre-requisite for many subsequent courses. The only way to exempt from this course is by passing an exemption exam offered at the start of your first semester. This exam may only be taken once, and it must be in your first semester.
  • FIN 202a – International Corporate Finance - Usually offered in the spring. The only way to exempt from this course is by passing an exemption exam offered at the start of your first semester. This exam may only be taken once, and is must be in your first semester.
Accounting: One course (4 credits) 
  • FIN 212a – Accounting/Financial Analysis (or) FIN 213a – Int. Financial Accounting - Students may take both courses provided that FIN 212a is taken before FIN 213a. (Note: Shifting from accounting concepts in other countries to US GAAP is usually easy. However, because US GAAP may be quite different from the accounting methods in your home country, prior accounting courses might not be sufficient for an exemption from this requirement).
Career 
  • BUS 224f – Launching Your Global Career
Quantitative Methods – 4 credits (One course or two modules):
  • BUS 211f - Analysis of Big Data I
  • BUS 212f - Analysis of Big Data II
  • BUS 253a – Marketing Research: Design & Analysis
  • ECON 184b - Econometrics
  • ECON 211f – Foundations of Statistics & Econometrics II*
  • ECON 212F – Survey of Advanced Econometric Techniques**
  • ECON 261a – Empirical Analysis of Trade Policy***
  • ECON/FIN 250a - Forecasting in Finance & Economics**
  • FIN 217f – Financial Modeling I
  • FIN 218f – Financial Modeling II
  • FIN 271a - Options & Derivatives II
  • FIN 285a - Computer Simulations & Risk Assessment

* Assumes knowledge of basic econometrics.
** Assumes knowledge of basic econometrics and international trade theory. Students write an original research paper.

Note:  There are no exemptions from this requirement


Electives:

Brandeis IBS offers more than 50 electives and the list grows yearly. One (1) of a student’s 16 courses may be a non-Brandeis IBS course (i.e., not BUS/ECON/FIN), but applicable to the degree (e.g. a language course or a course from another discipline with direct applications). 

  • Students should not assume that courses that are outside BUS/ECON/FIN will count towards the MA degree. You should always confirm with your Program Advisor.
  • One cross-registration elective and one non-Brandeis IBS Brandeis elective may be taken each semester.
  • At least 50% of the courses taken by a student in any semester must be taken at Brandeis IBS.

Other Degree Expectations

Professional Skills
Being a professional in the field of finance and economics requires much more than academic knowledge. To be an effective and successful professional, you will need a set of skills that will enable you to communicate your specialized knowledge and experience. It is an expectation that every MA student will have made the most of these opportunities so that, upon graduation, you will have added these four skills to your academic knowledge.
  1. Presentation Skills
  2. Teamwork Skills
  3. Writing Skills
  4. Spreadsheet Skills
Career Skills
One module, Launching Your Global Career (BUS 224f) is required as a means to provide students the tools needed to pursue a career in a global market. Students who have already had work experience may be exempted from taking this module. This class is not to be deferred until second year.