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    Commerce and Economic Development
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    Northeastern University

    Commerce and Economic Development

    Northeastern University

    Northeastern University

    flag

    United States of America, Boston

    University RankQS Ranking
    396

    Key Facts

    Program Level

    Master by Course Work

    Study Type

    Full Time

    Delivery

    Online

    Application Fee

    USD 75 

    Campuses

    Boston

    Online

    Program Language

    English

    Start & Deadlines

    Next Intake DeadlinesJanuary-2022 15-Feb-2022
    Apply to this program

    Go to the official application for the university

    Duration 18 month(s)
    Tuition Fee
    USD 43,900  / program
    Apply Date 15-Feb-2022
    Next Intake January-2022

    Commerce and Economic Development

    About

    Globalization has created a borderless economy with a host of new opportunities and challenges for those engaged in commerce and economic development. While global markets offer exciting growth prospects, navigating the world stage requires in-depth knowledge of the financial, regulatory, and economic environments and institutions that affect the global economy and international trade. 

    To meet the need for both insight and skills development, Northeastern University’s College of Professional Studies—in collaboration with Northeastern University’s College of Social Sciences and Humanities—offers the Master of Science in Commerce and Economic Development, which integrates an applied economics study of information, institutions, and innovation designed to develop and hone analytical skills to support private and public decision-making.


    More Details

    Unique Features

    • Online program designed for working, midcareer professionals
    • Graduates are positioned for jobs in government, international organizations, nonprofit organizations, universities, or the private sector
    • STEM-designated graduate degree
    • Required capstone project
    • Financial Economics concentration prepares students for the CFA Institute Level I exam

    Program Objectives

    • Translate economic theory and classroom materials into core competencies
    • Apply quantitative skills in the areas of economics, economic theory, policy analysis, and research
    • Learn to set prices and output levels
    • Use conceptual and mathematical tools to examine fluctuations in employment, prices, and economic growth
    • Develop skills in data collection, estimation, and results interpretation
    • Apply theories of economic growth, technology, structural changes, industrialization, factor proportions and prices, trade, population, and income distribution
    • Evaluate labor markets and the role of human capital
    • Assess how art, culture, and entertainment impact economic development
    • Analyze the impact of environmental resources on commerce and economic development

    Career Outlook

    Several major trends—policy convergence, e-commerce expansion, and continued international development—are driving the job growth in the fields of international trade and economic development, and career prospects are expected to remain strong. Jobs in economic analysis and international trade are typically well-paying, with individuals holding advanced degrees expected to enjoy the best opportunities.


    Unique Transfer Opportunity

    About the CFA, CFP, FRM and PRM Certification Transfer Credit Opportunities:
    Why consider a Master of Science in Commerce and Economic Development from Northeastern University? We recognize the knowledge and financial competencies demonstrated by those who have earned their CFA, CFP, FRM and PRM certifications. As a result, credential-holders have the unique opportunity to accelerate through a Northeastern University degree.

    Successful applicants for a master's degree program with their CFA® certification:

    • Will receive 10 credit hours of transfer credit—a 22% savings in tuition.
    • Transfer credit is awarded for the following courses: CED 6050 (Commerce & Economic Development), CED 6240 (Financial Ethics), FIN 6161 (Investment Analysis).

    Successful applicants for a master's degree program with their CFP™ certification:

    • Will receive 11 credit hours of transfer credit—a 24% savings in tuition.
    • Transfer credit is awarded for the following courses:  CED 6050 (Commerce & Economic  Development), FIN 6102 (Asset & Liability Management), FIN 6161 (Investment Analysis).

    Successful applicants for a master's degree program with their FRM® certification:

    • Will receive 11 credit hours of transfer credit—a 24% savings in tuition.
    • Transfer credit is awarded for the following courses: FIN 6102 (Asset & Liability Management), FIN 6161 (Investment Analysis), CED 6250 (Derivatives & Alt. Investments).

    Successful applicants for a master's degree program with their PRM™ certification:

    • Will receive 11 credit hours of transfer credit—a 24% savings in tuition.
    • Transfer credit is awarded for the following courses: FIN 6102 (Asset & Liability Management), FIN 6161 (Investment Analysis), CED 6250 (Derivatives & Alt. Investments).

     


    The Master of Science in Commerce and Economic Development, a STEM-designated program, integrates economics, leadership, technology, and public policy to prepare students for a career in the private or public sector.

    • Online program designed for working, midcareer professionals
    • Graduates are positioned for jobs in government, international organizations, nonprofit organizations, universities, or the private sector
    • STEM-designated graduate degree
    • Required capstone project
    • Financial Economics concentration prepares students for the CFA Institute Level I exam

    Requirements

    Entry Requirements

    • Online application
    • Statement of purpose (500–1000 words): Identify your educational goals and expectations of the program. Please be aware that Northeastern University's academic policy on plagiarism applies to your statement of purpose.
    • Professional resumé
    • Unofficial undergraduate transcripts; official transcripts required at the time of admission
    • Two letters of recommendation from individuals who have either academic or professional knowledge of your capabilities such as a faculty member, colleague, or mentor, preferably one from your current employer
    • English language proficiency proof. Students for whom English is not their primary language must submit one of the following:
      • Official associate or bachelor's degree transcript from an accredited college or university in the U.S., stating degree conferral and date
      • TOEFL, IELTS, PTE, Duolingo, or NU Global Exam scores

    English Program Requirements

    Northeastern students will be exposed to not only a rigorous academic environment but also a fast-paced experiential one. In order to be successful in both, all first-year and transfer applicants, regardless of citizenship, must demonstrate proficiency in English to be considered for admission to Northeastern.

    Once your application is submitted, received, and processed, you will be able to access your Application Status Check. If you are required to provide further information regarding your proficiency in English, you will be able to complete the requirement in several ways, depending on your familiarity with English, and the frequency with which you use English each and every day:

    • Non-native English-speaking applicants will be required to submit official and valid results from one of the following English Language Tests:
      • C1 Advanced or C2 Proficiency (Cambridge English)
      • Duolingo English Test (DET)
      • IELTS Academic
      • PTE Academic
      • TOEFL Internt-based Test (CEEB Code: 3667) Northeastern will accept either the in-person version completed in a test center, or the TOEFL iBT Home Edition
    • However, based on your academic environment and the primary instructional language in either your high school or university, you may be eligible for a waiver. All waivers must be submitted through your Application Status Check. For additional information and to determine whether or not you are eligible for a waiver, please read the section below on waiving the English proficiency requirement.

    Please note: Northeastern’s Admissions Committee reserves the right to request proof of English language proficiency from any applicant, regardless of citizenship or first language, at any time during the evaluation process.

    Career

    Several major trends—policy convergence, e-commerce expansion, and continued international development—are driving the job growth in the fields of international trade and economic development, and career prospects are expected to remain strong. Jobs in economic analysis and international trade are typically well-paying, with individuals holding advanced degrees expected to enjoy the best opportunities.

    Fee Information

    Tuition Fee

    USD 43,900 

    Application Fee

    USD 75 

    How to Apply

    • 1.Create your application

      Submit your application through The Common Application or the Coalition Application (both are accepted). Once you have created your application, please select Northeastern University to directly submit your application to us. Application fee of $75 or need-based fee waiver* *Northeastern accepts need-based fee waivers from the Common Application, the Coalition Application, as well as organizations such as the College Board and ACT, or in a written request from a school official.

    • 2.Submit all required materials

      Double check to make sure that you have submitted all required materials. Even if your application has been submitted, we cannot begin reviewing your file until all of your required materials have been received. For applicants applying for the 2022-2023 academic year, Northeastern University is test-optional and does not require standardized testing to complete an application for admission.

    • 3.Check your application status

      Within seven days of applying, you should receive a confirmation email containing your Northeastern University ID number and instructions for setting up your Application Status Check account. To ensure all of the necessary documents have been submitted, and for updates or information about your application, visit your application status check.

    Northeastern University

    Commerce and Economic Development

    Northeastern University

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    United States of America,

    Boston

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