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Curriculum for MS degree: Hybrid Schedule

 

 

The hybrid program combines online courses with on-campus courses. In the first year, the program introduces students to core graduate level courses in Economic Theory and Econometrics. This first-year course work is completed from the student's home location (online), and allows the student to remain employed during that first year.  In the second year, the student comes to Purdue to complete the degree program as a full-time student at Purdue University's main campus (West Lafayette, Indiana, USA).  During the spring semester of the first-year, Purdue University provides international students the documentation necessary for the student to apply for a student visa that will allow the student to spend the second academic year on campus to complete the degree. 

We provide below three examples of schedule alternatives available to students who pursue the hybrid MS degree. Two of these are hybrid MS programs without the thesis option that involve either the advanced theory concentration or the applied economics/business concentration.  While both concentrations are considered, the hybrid schedule is best suited for individuals who are pursuing the advanced theory concentration and considering applying to PhD programs in Economics or related areas. There are two reasons for this. First, PhD level courses are challenging, and we strongly advise students who plan to pursue the advanced theory concentration to consider the hybrid MS degree program.  Second, the hybrid program with the advanced theory concentration offers more in-class courses that enhance the interaction among students and between students and faculty that is particular useful for students preparing for application to PhD programs.  The table below also provide a curriculum example for the hybrid MS degree with the thesis option.  The thesis option can be attractive to a student who wants to pursue substantive applied research on a particular issue in Economics.  However, it is critical that a suitable research project and thesis advisor be identified prior to starting the second year on campus. 

Purdue Campus

Hybrid Programs and In Residence Requirements  The hybrid MS degree differs from the fully online MS degree in that the student is required to be in residence as a full-time student at Purdue University's main campus for the second academic year. This requirement allows the student to take additional courses, including PhD-level courses in theory and econometrics, or to complete a thesis.  For the hybrid MS degree, the student completes online the three full-semester online core courses taken by other MS students during the first academic year and no more than two of the remaining four 2-credit courses offered online during the first academic year and summer of the program.  Excluding at least two of these 2-credit courses courses means that at the start of the second academic year, the student must earn an additional 17 credit hours to complete the degree.  This requires the student enroll as a full-time student on campus (8 credit hours or more per semester) during the second academic year in the program.  As such, it qualifies international students for a student visa.

Flexibility in Switching out of the Hybrid MS Degree Program  During the first academic year of the MS degree program, typically at the start of the spring semester, a student can choose to opt in to the hybrid program.  Later, if circumstances change and he or she decides it is better to complete the entire MS degree online, that option remains available.   If a student has committed to the year-in-residence associated with the hybrid program, pus can complete the MS degree with either a concentration in advance theory or applied economics/business, just like an online student. The only difference is that there would likely be a few new classes substituted for the standard classes taken by a fully-online student to assure that the student in the hybrid program completes the thirty credit hour requirement for the MS degree that all students must meet.

Schedule of Classes  For the hybrid MS degree, classes are held over 21 months (four semesters, one summer).  After the first semester in the fall, each subsequent semester is divided into two modules, with two-credit courses offered during these modules.  The table below provides typical schedules for a student pursuing the hybrid schedule for the MS degree.  The schedules are for the MS program with a thesis option or for the MS program with a focus on one of the two concentrations offered (advanced theory or applied economics/business. 

Semester

Duration

Hybrid MS - Thesis Option

Hybrid MS - Advanced Theory Concentration

Hybrid MS - Applied Economics/Business Concentration

1

semester

Intermediate Econ I (Micro) (51100)

Intermediate Econ I (Micro) (51100)

Intermediate Econ I (Micro) (51100)

1

semester

Econometrics I (56200)

Econometrics I (56200)

Econometrics I (56200)

2

semester

Intermediate Econ II (Macro) (51200)

Intermediate Econ II (Macro) (51200)

Intermediate Econ II (Macro) (51200)

2

Module 1

xxxx

Behavioral Economics (58500)

Behavioral Economics (58500)

2

Module 2

Financial Econometrics (57300)

xxxx

xxxx

 summer

Module 1

Econometrics II (59000)

xxxx

xxxx

 summer

Module 1

xxxx

International Economics (59000)

International Economics (59000)

3

Module 1

Law and Economics (56500)

Micro Theory I (60600)

Law and Economics (56500)

3

Module 1

Thesis (2 credits)

Math Analysis for Economics (61500)

MS Mgmt Elective

3

Module 2

Economics and Accounting (59000)

Micro Theory II (60700)

Economics and Accounting (59000)

3

Module 2

Industrial Economics (52000)

Probability and Statistics (67000)

Industrial Economics (52000)

4

Module 1

Microeconometrics (57400)

xxxx

Microeconometrics (57400)

4

Module 1

Game Theory (51000)

Advanced Game Theory (61000)

Game Theory (51000)

4

Module 2

xxxx

 Econometrics II (67200)

xxxx

4

Module 2

xxxx

Micro Theory III (60900)

Financial Econometrics (57300)

4

Module 2

Personnel Economics (55000)

Economics of Information (61400)

Personnel Economics (55000)

4

Module 2

Thesis (3 credits)

Independent Study (59000) (1 credit)

Independent Study (59000) (1 credit)