Requirements for Admission
Here's a quick summary of what we look for in prospective graduate students:
1. Full or conditional acceptance by the Graduate School
The Graduate School requires: (i) a bachelor's degree or equivalent from an approved institution, (ii) satisfactory average grades on all prior upper-division courses and graduate work (generally B or better); (iii) the submission of official test scores of the Graduate Record Exam (GRE): the verbal, quantitative, and analytical sections of the general test are required. The Department is not permitted to admit applicants who fail to meet these criteria. Information on the GRE is available from the GRE Website.
2. Satisfactory grades on prior upper-division and graduate coursework
We look for a grade point average (GPA) of 3.5 or better (in a 4-point system) for upper-division undergraduate coursework and previous graduate coursework. Applicants with a GPA slightly below 3.5 will still be considered if they have other compensating strengths or if mitigating circumstances are explained in their letters of recommendation.
3. Satisfactory scores on the GRE
The average GRE scores of students recently admitted were 570 verbal and 785 quantitative. Please be aware that although high GRE scores enhance an application, the GRE is not our main selection criterion and does not substitute for a strong academic record.
4. Strong letters of recommendation
Three Letters of Recommendation are required. These are required of all applicants, even those who are not seeking financial aid. We prefer academic references over those from current or former employers.
This year the University has instituted a new process for applicants to submit their letters of recommendation electronically. On the "References" portion of the online application for admission, you will be asked to give the names and email addresses of those you have asked to recommend you. Be sure that the email address you enter is current and accurate.
You also will be asked to inform us whether or not you are going to waive the right to view your letters after they have been submitted. An email will be sent by the Graduate & International Admissions Center to each of your recommenders. They will be directed to a web site where they can complete a recommendation form. At this time they will be notified whether or not you have waived access to their letters. If you make a mistake on a recommender's email address or need to replace one recommender with another, please contact Marla Boye.
Although the University prefers receiving electronic letters, you may submit paper versions if this is more convenient for you and/or your recommenders. You may download these forms from GIAC's website. If for some reason you choose not to use these forms, we will accept any professionally written letter. All letters should be in sealed envelopes.
5. Previous economics courses
You should have at least twelve semester hours of upper-division courses in economics, including three semester hours each of microeconomic and macroeconomic theory at the intermediate or higher level.
6. Previous math courses
You'll need a firm grounding in differential and integral calculus (with an emphasis on proofs), matrix algebra, and probability theory. You should also have some exposure to advanced calculus, real analysis, and topology. View recommended courses.
7. Statement of Purpose
Your statement should explain why you want to study economics at the graduate level. The statement is particularly important if there is something unusual about your background and preparation.
8. Satisfactory TOEFL score
In addition to the above criteria, international students must take the Test of English as a Foreign Language (TOEFL) and score at least 550 on the paper-and-pencil version or 213 on the computer-assisted exam. The minimum acceptable total score for the new iBT exam is 79.
Frequently Asked Questions
Are the requirements absolutely rigid?
No, the admissions committee tries to consider the entire application packet as a whole. We sometimes admit students who don't quite meet one requirement but are strong in other respects.
Can I submit GMAT scores instead of the GRE?
No, that's against Graduate School rules.
Can you tell me whether I'm likely to be admitted before I apply?
No, we can only evaluate complete applications. Please do not email us your GPA and GRE scores and ask if you're likely to be admitted.
Can you tell me whether I'm likely to get financial aid before I apply?
No, we only make financial aid decisions after evaluating all completed applications. In a typical year, however, about half of the entering class receives some form of assistance.
Do I need to submit three letters of reference even if I am not applying for financial aid?
Yes.
Do you admit non-degree-seeking students?
No, sorry.
Who do I contact if I still have questions?
Vivian Goldman-Leffler, the department's Graduate Coordinator. Her email address is vivian@eco.utexas.edu.
What econ and math courses do you require or recommend?
