Department of Economics, University of Illinois at Urbana-Champaign

Masters Program in Business Economics and Informatics

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Courses

This program has four compulsory core courses and six elective courses (two of the elective courses must be in Informatics). Students can finish this program in 12 months (two semesters and a summer). All classes will be taught in the evening.

The structure of the course schedule is outlined below:

Semester I

General Microeconomic Theory - Managerial Economics: core course, Econ 500

Economic Statistics - Quantitative Analysis I: core course, Econ 506

Econometrics - Quantitative Analysis II: core course, Econ 508

General Macroeconomic Theory: core course, Econ 509


Semester II


Industrial Organization: field course, Econ 480

International Financial economics - Emerging Financial Markets: field course, Econ 522

Informatics - Financial and Managerial Accounting: field course, Econ 590

Informatics - Information Technology: field course, Econ 590


Summer Session I


The Theory of Monetary Policy: field course, Econ 564

Informatics - Applications: field course, Econ 590


Summer Session II


Collective Bargaining: field course, Econ 542

Reading Course/Master Thesis: Econ 590


In addition to the above courses, the program will be enhanced by a special lecture series in informatics. Those lectures will be taking place throughout the year.


Program Enrichment


Program enrichment, non-credit special activities that support or illustrate coursework, are an essential part of the program. The Program will have the following activities:

  • Experienced faculty and staff will be available to discuss student backgrounds and objectives. These discussions will begin during recruiting interviews, and continue through multiple assessments and evaluations. The intensive format allows for very close student-faculty interaction. Faculty members will videoconference with student teams while away, and on-site Athens staff will be available to students during regularly scheduled hours.
  • All students will attend an orientation that includes a short course on the use of computers and standard software (e.g., WORD, PPT, EXCEL, skype). This training will be applied in program courses, where computers are used to analyze economic data and manage information, and students will prepare presentations and reports.
  • The Program will assign students to teams (study groups) because we have found that study groups promote learning effectively and develop important skills.
  • Students will have the opportunity to go on field trips to observe the operation of financial institutions, businesses, and government agencies, particularly their information practices and needs.
  • A number of outstanding speakers will be brought in each year in the Informatics Seminar to present lectures. In addition, a multi-day "hands on seminar" will be offered. See, for example, the workshop on Financial Programming and Policies. The goal is to show students how to take unstructured data in spreadsheets and use this information to effectively analyze problems.