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Economics at Massachusetts Institute of Technology

Massachusetts Institute of Technology, Cambridge, Massachusetts, United States

Bachelor's, Master's, PhD

Course Key Facts

UniversityMassachusetts Institute of Technology
Course levelBachelor's, Master's, PhD
Duration4 years full-time (Bachelor's); 1–2 years full-time (Master's)
Study modeFull-time
Study locationCambridge, Massachusetts, United States
Tuition fee (international)$58,000 – $65,000 per year (university-wide)
IntakesFall (August/September), Spring (January) (university-wide)
English requirementIELTS 7.0 overall (no band below 6.5) or TOEFL iBT 100+ (university-wide)
University rankingQS World University Rankings 2026: 1st in the world

"University-wide" values are the university's general figures — the exact fee, intake and English score for this course can differ. Check the official course page before applying.

About Economics at Massachusetts Institute of Technology

At Massachusetts Institute of Technology in Cambridge, Massachusetts, Economics is taught within a university ranked 1st in the QS World University Rankings 2026 — a department that draws on the same facilities, research funding and employer links that make Massachusetts Institute of Technology a popular choice with international applicants across subjects.

Admission Requirements for Economics

To apply for Economics at Massachusetts Institute of Technology, international students generally need solid previous academic results, a focused essay explaining why Economics specifically, references, and an approved English score — usually IELTS 7.0 overall or TOEFL iBT 100+. Some Economics programmes at this level also ask for a portfolio, interview or relevant work experience.

Tuition Fees and Scholarships

International tuition for Economics at Massachusetts Institute of Technology falls within the university’s usual $58,000 – $65,000 per year range; the exact figure depends on the specific programme and level (bachelor’s, master’s or PhD). Massachusetts Institute of Technology’s scholarships — worth up to $20,000 for eligible students — are open to Economics applicants on the same basis as every other department.

Career Prospects After Economics

Massachusetts Institute of Technology’s careers centre runs Economics-specific employer events and recruiting cycles, which international students are encouraged to use well before their final year. After graduating, eligible students can use OPT — 12 months of US work authorization, extendable to 36 months for STEM graduates — to gain experience, including working abroad after graduation, before settling on a next step.

Comparing Study Destinations

Before committing to Economics at Massachusetts Institute of Technology, some applicants also compare studying in the United States more broadly against visiting Dubai and studying in Australia — a sensible step if you have not yet fully decided which country, not just which university, is right for your subject.

Apply for Economics at Massachusetts Institute of Technology with GIEC Global

GIEC Global offers free guidance for Economics applicants to Massachusetts Institute of Technology — shortlisting the right level and programme variant, reviewing your essays and SOP, preparing documents, applying for scholarships, and supporting your F-1 visa application once you have an admit. We can also walk you through all GIEC Global study-abroad destinations if you are still comparing destinations for Economics.

Course names and curriculum for Economics at Massachusetts Institute of Technology change slightly year to year, so always check the live programme page for the intake you are actually applying to rather than relying on a general subject overview.

International students choosing Economics at Massachusetts Institute of Technology over a similar programme elsewhere often cite the department’s research reputation and the location of Cambridge itself as the deciding factors, alongside total cost.

FAQs: Economics at Massachusetts Institute of Technology

Where is Massachusetts Institute of Technology located?

Massachusetts Institute of Technology is located in Cambridge, Massachusetts, United States.

What are the tuition fees for Economics at Massachusetts Institute of Technology?

International tuition at Massachusetts Institute of Technology is approximately $58,000 – $65,000 per year. The exact fee for Economics depends on the level and programme, so check the official programme page.

What are the intakes for Economics at Massachusetts Institute of Technology?

Intakes follow Massachusetts Institute of Technology's standard university-wide pattern — mainly Fall (August/September), with Spring (January) available for some graduate programmes.

What is the English requirement for Economics at Massachusetts Institute of Technology?

IELTS 7.0 overall or TOEFL iBT 100+. Some programmes ask for higher scores.

Does Massachusetts Institute of Technology offer scholarships for international students?

Yes — merit-based scholarships of up to $20,000 are available, on the same basis for Economics applicants as for every other department.

How can I apply for Economics at Massachusetts Institute of Technology?

GIEC Global can help you choose the right level of Economics, prepare your essays and documents, and apply to Massachusetts Institute of Technology — free of cost.

Not sure which university is right for you?

Talk to a GIEC Global counsellor for free shortlisting, application and visa support.

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