The information and program qualifications related to the Economics (English) Master of Arts Program, under the Department of Economics of the Graduate School, are summarized below.
Information About The Program
ITU Department of Economics aims to train Economists who can combine theory and practice, have high numerical analysis skills, are ready for global competition and have sectoral expertise. The aim of the economics graduate program of the department is to equip students from different backgrounds with the ability to understand, use and expand research in economics. Graduates are typically placed as analysts or economists in either state or private institutions or continue with their Ph.D. studies in different parts of the world. Core theory courses Microeconomics, Macroeconomics, and Research Methods are complemented by field courses that are shared with the doctoral program. The program’s language is English.
Click here for the program's website.
Registration Requirements
Application Term : 2024-2025 Spring Semester
Application Dates : 06.12.2024 09:00:00 - 03.02.2025 17:00:00 ( UTC/GMT+3 )
Application Requirements (For T.C Nationality) ALES Numerical or Equally Weighted must be minimum 75 (old system GRE Quantitative minimum 700, new system GRE minimum 155 ). Undergraduate GPA must be minimum 2.8/4 (72/100). Graduation must be All Engineering, Banking, Banking and finance, Banking and Insurance, Big Data and Business Analytics, Labor Economics and Industrial Relations, Econometrics, Economics / Ekonomi, Economy and Finance, Finance and Banking, Physical, Economics and Administrative Sciences Programs, Economics / İktisat, Islamic Economics and Finance, Statistics, Business, Chemistry / Kimya, Exchequer, Mathematic, Politics and Economy, Capital Market, Political Science and Public Administration, Sociology, Farming Economy, International Economy, International Finance, International Trade, International Trade and Finance / Uluslararası Ticaret ve Finans, International Trade and Finance / Uluslararası Ticaret ve Finansman.
Quota (For T.C Nationality): 10
Application Requirements (For International Students) ALES Numerical or Equally Weighted must be minimum 75 (old system GRE Quantitative minimum 700, new system GRE minimum 155 ). Undergraduate GPA must be minimum 2.8/4 (72/100). Graduation must be All Engineering, Banking, Banking and finance, Banking and Insurance, Big Data and Business Analytics, Labor Economics and Industrial Relations, Econometrics, Economics / Ekonomi, Economy and Finance, Finance and Banking, Physical, Economics and Administrative Sciences Programs, Economics / İktisat, Islamic Economics and Finance, Statistics, Business, Chemistry / Kimya, Exchequer, Mathematic, Politics and Economy, Capital Market, Political Science and Public Administration, Sociology, Farming Economy, International Economy, International Finance, International Trade, International Trade and Finance / Uluslararası Ticaret ve Finans, International Trade and Finance / Uluslararası Ticaret ve Finansman.
Quota (For International Students): 5
Application Page Graduate Education and Training Regulation Senate Principles
Application requirements, application dates, and quotas are updated in real-time from the Application System.
MasterBee
English Proficiency
Regulations and Guidelines
Academic Calendar
Course Plans
Course Schedules
Course Adjustment and Exemption Procedures
Program Educational Objectives
The aim of the master's program in economics is to equip students from different backgrounds with the ability to understand, use and expand research in economics. Our graduates are employed as economists or analysts in public and private institutions or continue their doctoral studies.
Measurement and Evaluation
Evaluating Student Success
The student success is evaluated considering Articles 56, 57, 58, and 59 of the Istanbul Technical University Graduate Education and Training Regulation Senate Principles.
ARTICLE 56 - Before the enrollment for the courses begins, the faculty member who offers the course informs the Program Executive Committee about the types, number and contribution percentage to the final grade of the studies within the semester, as well as requirements for a right to take the semester final exam. These requirements shall be finalized by approval of the Program Executive Committee and approval of the chair of the department, who declares them to the student and informs the Graduate School.
ARTICLE 57 - A student may appeal the final grade of a course within one week following the announcement of the grades. Appeals must be submitted to the Graduate School in writing. The relevant faculty member shall re-evaluate the student's success status and submit the result to the Graduate School within one week. Appeals not submitted within the prescribed time frame shall not be considered by the Graduate School.
ARTICLE 58 - Courses in graduate programs shall be evaluated according to the following grading system.
| Grade Description |
Grade |
Scale |
| Excellent |
AA |
4.00 |
| Very good plus |
BA+ |
3.75 |
| Very good |
BA |
3.50 |
| Good plus |
BB+ |
3.25 |
| Good |
BB |
3.00 |
| Conditional Pass |
CB+ |
2.75 |
| Conditional Pass |
CB |
2.50 |
| Conditional Pass |
CC+ |
2.25 |
| Conditional Pass |
CC |
2.00 |
| Fail |
FF |
0.00 |
| Fail(No Exam) |
VF |
0.00 |
ARTICLE 59 - Students who wish to improve their cumulative grade point average may retake courses during the course-taking period. The most recent grade will be counted for the repeated courses.
Internship
There is no internship in this program.
Graduation Requirements
The students should successfully complete 27 credits, a seminar course (no credits), and a thesis should be submitted. There are 6 core courses (18 credits) and three electives (9 credits). To be able to graduate, students should score a minimum 3.00 GPA.
The Awarded Degree and Title
Degree : Master of Arts Title : -
Program Employment Opportunities
The vast majority of graduates work as analysts or economists in areas such as banking, electricity, hospitals, oil and gas, telecommunications or transportation, in addition to pursuing a doctorate or taking part in academia.
Number of Graduates
Graduate Statistics
| Year | Number of Graduates |
| 2018 | 5 |
| 2019 | 5 |
| 2020 | 5 |
| 2021 | 2 |
| 2022 | 5 |
| 2023 | 3 |
Program Outcomes
P.O.1 To possess advanced knowledge of economic theories, research methods and practices which are necessary in conceptualizing, explaining economic relations and providing solutions for economic problems.
P.O.2 To have competency in information and communication technologies, to maintain self-learning in this field and to gain the ability to make economic analysis and forecasts by using at least one of the software used in economics.
P.O.3 To problematize a complex issue related to any of the fields in economics, to collect and analyze data on this problem, to propose strategies and policies via the knowledge and research methods acquired in the field.
P.O.4 To be able to critically evaluate the knowledge and skills acquired at the level of expertise in any of the fields of economics, to be able to carry out independent and original studies that can contribute to existing knowledge and practices, and to propose alternative strategies and policies.
P.O.5 To be able to interpret the economic theory in a holistic way with knowledge from different disciplines, to comprehend the importance of the interdisciplinary approach, and to have the theoretical flexibility to analyze the problems that arise in practice with a pluralistic understanding.
P.O.6 To understand the connection between people and societies, the interdependency of human-society and the environment and the laws that govern these relations; to be able to examine and develop the norms that guide these relations with a critical and historical perspective and act to change social relations when necessary.
P.O.7 To be able to conduct independent researches which prioritize humanitarian values, social justice and sustainability and adhere to scientific and ethical values.
P.O.8 To acquire language and communication skills in order to closely monitor the developments of economic theory, communicate with other economists in the world and to convey the findings in writing, verbally and/or visually.
Program Coordinator
Head of the Department
Links