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FAQ

Program Overview

How do I apply?

How much is the application fee?

When is the application deadline?

What is the duration of the program?

How much does the program cost?

What are the application requirements?

What is an acceptable GRE score?
 
What is an acceptable TOEFL/IELTS score? Can the TOEFL/IELTS score requirement be waived?

What are the minimum academic/professional requirements?

What is the average academic background of the incoming class in Fall 2016? 
 
What are the class sizes?

Is housing provided? How much does it cost?

Can I get Financial Aid?

What about internships?

Where do our graduates go? (the placement of the GPED) 


Program Overview
The Graduate Program in Economic Development (GPED) is a professionally oriented Master’s program in economics preparing students for both domestic and international careers in economic development. The GPED is intended primarily for students seeking a terminal Master’s degree in economics with an interest in international development. The program also provides solid training in economic theory for student who plan to pursue Ph.D. study in Economics or a related field. The M.A degree in economics is conferred upon completion of all requirements.  For more information, please visit: http://as.vanderbilt.edu/gped/about/program-overview.php
 
How do I apply?
Go to: https://apply.vanderbilt.edu/apply/
You may then begin your application or edit an existing application. When you have completed the form, please click on “officially submit.”

How much is the application fee?
There is  NO  application fee required to apply to the GPED. (Please note, the Graduate School application fee is $95, but it does not apply to the GPED applications.) 

When is the application deadline?
Deadline for submission of completed applications is Feb 15th. Students can enter the GPED program only in the Fall semester.

What is the duration of the program?
The program is typically 21-24 months; however the program length is flexible and is determined by each student’s course load. As a result, students may complete the program in 16 months or even a year in some cases.

How much does the program cost?
Please see the link to the International Student Financial Statement:
https://redcap.vanderbilt.edu/surveys/?s=4EKCHRPJPE
In the Expenses section, select the program Graduate School and degree Master’s. This information provides an accurate breakdown of what your expenses will be regardless if you are a US citizen or an international student. Tuition is charged by the credit hour, and this figure assumes 18 hours for the first year (of a 30-hour program).

What are the application requirements?
Applicant is expected to submit an online application (there is no paper option), official GRE score, official TOEFL score or IELTS score (for an international student who is not eligible for a TOEFL or IELTS waiver), three letters of recommendation, a statement of purpose, transcripts and diplomas from all universities attended (official transcripts are required only after an offer of admission is made and accepted). You may also wish to submit a resume.

What is an acceptable GRE score?
There is no fixed requirement for GRE scores.  Students who apply to the GPED usually score between 153 and 170 on the Quantitative section.

What is an acceptable TOEFL/IELTS score?  Can the TOEFL/IELTS score requirement be waived?
The minimum acceptable score on the paper-based TOEFL is 570, and for the Internet-based test, 88.
For IELTS, the minimum acceptable score is 7.0.
The TOEFL/IELTS requirement is waived for international students who have studied for at least one year in the United States or other nations where English is an official language. 

What are the minimum academic/professional requirements?
The program accepts students from a variety of academic and professional backgrounds.  Applicants must have, at minimum, the equivalent of a U.S. Bachelor’s degree. There is no minimum requirement for work history. While we do not require a major in economics, applicants should have a B average in undergraduate coursework, a solid math background, and a basic understanding of macro and micro economics.

What is the average academic background of the incoming class in Fall 2016?

Average undergraduate GPA: 3.30/4.00
Average GRE Quantitative score: 161/170
Average GRE Verbal score:  152/170
Average TOEFL score: 97/120
Average IELTS score: 7.7/9.0

What are the class sizes?
The GPED enrolls approximately 30 students each year.

Is housing provided? How much does it cost?
The University does not provide on-campus housing for graduate students.  GPED students usually live within a one-mile range of campus.  Rent is typically between $450 and $750, depending on whether you have a roommate or not.  GPED students and staff assist incoming students in locating suitable housing.

Can I get Financial Aid?
There is very limited aid—in the form of a few partial tuition scholarships—for students. International students should look for the financial aid information on International Student & Scholar Services website. U.S. students should check with the Office of Financial Aid

What about internships?
The program does not guarantee placement for students interested in internships; however, resources will be provided to assist with this, such as job workshops and career fairs.

Where do our graduates go? (the placement of the GPED)
Please find the placement of our graduates here: GPED Placement (Oct 2016)