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    • Economics: A Degree with a Future
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Master’s in Applied Economics

  1. UNO
  2. College of Business Administration
  3. Economics
  4. Graduate Programs

  • Related Resources

  • MS in Applied Econ Pamphlet
  • Graduate Catalog Economics Curriculum
  • Approved Graduate-Level Elective Courses
  • Approved Dual-Level Elective Courses
  • Internships

Invest in Your Future with an Applied Economics Graduate Degree

Economics is one of the highest paid master’s degrees. Our Applied Economics degree prepares you for the most in-demand jobs in the field.

Graduate students.

Employers need more than people who can analyze data. They need analysts who can ask the right question, build a model that reflects how people and markets behave, and turn the answer into a decision. The STEM-designated Master of Science in Applied Economics at the University of Nebraska at Omaha builds exactly that kind of analyst.

In addition to economic theory, you'll develop practical skills in data analytics, econometrics, machine learning, research design, and economic decision-making — the tools organizations rely on to price a product, evaluate a policy, forecast demand, or understand why a market moved the way it did. Because these skills transfer across industries, graduates move easily between business, government, consulting, finance, healthcare, technology, and nonprofit work. They tend to stay in demand — and well paid — over the course of a career.

Job postings that combine economics with econometrics, data science, or business intelligence command especially strong salaries.

Masters & ≤ 3 yrs exp Masters & 3-6 yrs exp Masters & 10+ yrs exp
MS Economics w/ Data Science, Econometrics, or Business Intelligence $114,400 $144,100 $212,700
MS Economics w/o DS, Econometrics, or BI 92,500 138,100 200,400
MS Data Science excluding mentions of economics and econometrics 109,400 140,200 194,300
Lightcast Q3 2026 Data Set (national). Includes only job postings with published annual salary data from August 2025 - July 2026.

According to Lightcast data, jobs postings requiring an MS in Economics and data science skills have higher salaries than both less technical MS Economics roles and data science degrees without economics skills. Our Applied Economics degree prepares you for the most in-demand jobs in the field.

Application deadlines:

Term International Applicants Domestic Applicants
Fall June 1 July 15
Spring October 1 December 1
Summer March 1 April 15

What Makes Us Different Concentrations Admission Requirements

Learn More! Request Additional Information or a Meeting

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Shot of Omaha.

Luke Wagoner - Data Scientist

"The UNO graduate economics program helped me to develop my skill set, become highly competitive in the labor force and facilitate a career change. The professors taught economic principles and analytical and programming skills to apply those principles effectively in my business and personal life. Several of the course projects analyzed real-world problems which allowed me to build a portfolio of work to show potential employers. Plenty of networking opportunities were provided. Following my graduation I was able to secure the role I desired when entering the program within 6 months. Financially, the program has paid for itself very quickly."

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Related Resources

  • MS in Applied Econ Pamphlet
  • Graduate Catalog Economics Curriculum
  • Approved Graduate-Level Elective Courses
  • Approved Dual-Level Elective Courses
  • Internships

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