2021-2022 Graduate Catalog [ARCHIVED CATALOG]
Department of Applied Economics and Statistics
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Applied Economics and Statistics
Telephone: (302) 831-2511
https://www.udel.edu/academics/colleges/canr/departments/applied-economics-and-statistics/graduate-programs/
Faculty Listing: https://www.udel.edu/academics/colleges/canr/departments/applied-economics-and-statistics/faculty-staff/
The Department of Applied Economics and Statistics administers Master of Science degrees in Agricultural and Resource Economics, Statistics, and Applied Statistics (Online).
Agricultural and Resource Economics (MS)
Program Overview
The program in Agricultural and Resource Economics leads to the Master of Science degree and offers students the perspectives and skills necessary to understand and work in the general fields of applied economics, agricultural and food economics, resource economics, environmental economics, agribusiness, or government sectors of the economy. Also, a strong intermediate level of training is offered so that students may continue graduate work and obtain a PhD degree. Students completing the M.S. degree in Agricultural and Resource Economics are expected to acquire:
- theoretical knowledge in microeconomics and primary data collection necessary to complete human dimensions research;
- quantitative skills in econometric modelling as well as best methods for data collection, management, and analysis;
- competencies in agriculture and food policy, behavioral economics, environmental economics, experimental economics, research methods, resource economics, and/or stated preferences;
- critical thinking, oral and written communication skills by composing and presenting a thesis.
Requirements for Admission
On a 4.0 system, applicants should have a G.P.A. of at least 2.5 and an average of at least 3.0 in economics, mathematics, and related areas. Applicants who have completed an advanced degree must have done so with a G.P.A. of at least 3.0. In addition, applicants must take the GRE Aptitude Test however, the GRE requirement can be waived in special circumstances. Students for whom English is not their first language must meet a minimum of 100 on the TOEFL IBT examination. Admission to the Agricultural and Resource Economics Program is based on selections made by the Department graduate committee in compliance with University policies and procedures. Admission is selective and competitive based on the number of well-qualified applicants and the limits of available faculty and facilities. Those who meet stated minimum academic requirements are not guaranteed admission, nor are those who fail to meet those requirements necessarily precluded from admission if they offer other appropriate strengths. Candidates for admission to the Agricultural and Resource Economics program need not have majored in any specific undergraduate field as a prerequisite for admission. However, competence is expected in economics (at least the intermediate undergraduate level), basic statistics, calculus, and other quantitative coursework.
Applied Statistics (MS)
Program Overview
The M.S. in Applied Statistics provides a broad exposure to statistical theory while focusing on hands-on applications and model building using a case study approach. The “applied” aspect of our program will be focused on using real data and making real decisions in analysis.
Students completing the M.S. degree in Applied Statistics will:
- Have a theoretical foundation in probability and mathematical statistics.
- Have applied applications in regression; design of experiments; logistical regression and models of counts; and multivariate methods.
- Have exposure to various software using SAS, JMP, R and Python.
- Have the ability to analyze a variety of data and apply appropriate techniques based on the type of data and the objectives of the research through case study applications in the courses.
- Have an opportunity to apply the course work in an applied research project designed by the student in conjunction with an advisor.
Requirements for Admission
On a 4.0 system, applicants should have a G.P.A. of at least 2.5 and an average of at least 3.0 in mathematics and related areas. Applicants who have completed an advanced degree must have done so with a G.P.A. of at least 3.0. In addition, applicants must take the GRE Aptitude Test with at least a score of 1050 in quantitative math and verbal (with an emphasis on the quantitative) for the traditional test. Students taking the new GRE exam should have a minimum of 300 combined on verbal and quantitative reasoning. Students for whom English is not their first language must meet a minimum of 85 on the TOEFL IBT examination. Admission to the Statistics Program is based on selections made by the department graduate committee in compliance with University policies and procedures. Admission is selective and competitive based on the number of well-qualified applicants and the limits of available faculty and facilities. Those who meet stated minimum academic requirements are not guaranteed admission, nor are those who fail to meet those requirements necessarily precluded from admission if they offer other appropriate strengths.
Statistics (MS)
Program Overview
The Statistics M.S. Program, provides a balance of a foundation in theoretical statistics, applied coursework in statistical techniques, and opportunities for application of statistical knowledge through the StatLab and internships with local companies. Students completing the M.S. degree in Statistics will:
- Have a theoretical foundation in probability, mathematical statistics, and optimization.
- Have a core set of coursework in practical applications in regression, design of experiments, and multivariate methods.
- Have exposure to Statistical Consulting.
- Have an opportunity to apply the course work in a thesis, applied research, or an internship.
Requirements for Admission
On a 4.0 system, applicants should have a G.P.A. of at least 2.7 and an average of at least 3.0 in mathematics and related areas. Applicants who have completed an advanced degree must have done so with a G.P.A. of at least 3.0. Students are strongly encourage but not required to take the GRE for admission. The program will also accept similar exams, including the GMAT or GRE subject tests (in STEM fields).
Applicants will be automatically considered for departmental funding. Priority for funding will be given to students demonstrating high proficiency in mathematics, statistics, or other quantitative skills. Submitted GRE or similar test scores and/or previous graduate education would aid in demonstrating this proficiency.
For applicants whose first language is not English, and who have not received a degree at a U.S. college or university, the following minimum test scores are required on the TOEFL (Test of English as a Foreign Language) or IELTS (International English Language Testing System) exam:
- For admission without department funding:
- For admission with the possibility of departmental funding:
Programs
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