In addition to holding an undergraduate degree, not necessarily in economics, it is encouraged that applicants should have satisfactorily completed the following before enrolling in graduate courses:
- Intermediate microeconomics
- Intermediate macroeconomics
- One year of calculus
- One year of statistics
- One semester each of matrix algebra and econometrics
The department considers all applications, considers them as a whole, and there is no minimum GPA or GRE required. To provide a baseline, the average incoming PhD student has a GPA of 3.60 and GRE percentile scores of 80% verbal and 80% quantitative.
The submitted GRE scores must be (general exam required) no older than 5 years. The GMAT or LSAT is not accepted in lieu of the GRE.
Students receiving funding generally score higher in all areas than our average students. We offer funding to about 25% of our incoming PhD students each year (5-10 students). Funding is awarded in the form of graduate assistantships, with stipends ranging from $8,000-18,000 and tuition waivers for 18 credit hours per academic year.
No applicant will be disadvantaged because of the COVID-19 pandemic outbreak or their school’s decisions about transcripts. Our admissions review will assess applicants in the context of their curriculum and academic achievements before and after the pandemic outbreak.
There are no formal requirements for content or length for the goals statement; applicants commonly discuss their choice for economics study, interest in George Mason economics, and future or career goals, but may include any information they would like the admissions review committee to consider.
A writing sample is optional but will be reviewed if included with the application.