Prepare to Advance Your Career
The Master of Quantitative Economics (MQE) is an intensive program that integrates theory and application and helps answer the call for employers seeking candidates with advanced training, quantitative skills, and practical experience.
Join us for our next MQE Info Session – AI & ChatGPT: How to Make Money with Machines
Hear from MQE faculty on how AI and ChatGPT is changing the finance and economic landscape.
Date & Time: December 7th @9am – 10am PST
Start Your Application
Applications for Fall 2024 admission are now open. APPLY HERE
The MQE program accepts applications for Fall admission and reviews completed applications on a rolling basis. Applications for Fall 2024 admission close on March 15, 2024.
The MQE program reviews applications on a rolling basis. For the 24-25 admissions cycle, the MQE followed the review dates listed below. The final deadline to apply for Fall 2024 admission is March 15, 2024.
Fast Track Application Timeline
Applicants who apply by November 1, 2023, will receive a response from the program by December 15, 2023.
Applicants who apply by December 1, 2023, will receive a response from the program by February 15, 2024.
Final Deadline for Fall 2024 Admissions
The final deadline to apply for Fall 2024 admission is March 15, 2024.
Want to know more about MQE? Book an appointment with a MQE Student Ambassador. Student Ambassadors can share with you why they chose UCLA’s MQE program, talk with you about the program and their experience, and answer questions about the student experience.
I chose the MQE program because I am able to tailor my classes and my path towards my interests and career goals.
- Dia Gawronski (Beacon Falls, CT)
I was extremely interested in the MQE program due to the opportunity to combine data science, finance, and economics in one program, which I found to be uncommon among other masters in economics. I appreciate that the faculty and staff are incredibly supportive and accommodating not only in our studies, but also in our career search. With my goal to become a quantitative analyst, this program provides me with ample knowledge of the field, quantitative practices, exposure to career events and invaluable skills in the workplace.
- Yusra Fayyaz (Toronto, Canada)
I chose UCLA's MQE program because I want to deepen my understanding of the data-driven approach to solving complex economic problems. The program has equipped me with the skills to make informed decisions and have a positive impact in today's data-rich world.
- Yujie Mao '23 (Chengdu, China)
MQE offers the right blend of courses across Finance and Data Science and adopts a practical approach towards learning which helped me understand my skills and interests. The variety of courses, learning opportunities beyond the classroom, the supportive team and the vibrant campus life at UCLA makes it an exciting and enriching journey.
- Kanika Gupta (Gurugram, India)
The MQE has given me the opportunity to connect with students from around the world, develop new ideas, and receive vigorous programming training. I am confident that I now have the skills to be a better leader in the U.S. Air Force and to pursue my intellectual interests and professional goals.
- Steven Spear Jr.
The most attractive aspect of MQE is the extensive career prospects it offers. This STEM program covers expertise in data science, economics and finance, and its highly flexible elective mechanism allows students to develop a pathway based on their occupational plans.
- Yunhao Cai (Fuzhou, China)
I chose the MQE program because the combination of Economics with Finance and Data Science adds value to my undergraduate degree and it makes me better prepared to enter the job market. At UCLA, one would have exposure to a diverse set of people both in respect of cultures and professional or academic background. Being at UCLA will also help you make invaluable connections.
- Mitali Mane '23 (Vadodara, India)
The MQE program offers a bridge between finance, data science, and economics. Students can utilize quantitative analytical tools in various projects and catch up with the latest data science trend.
- Zhihan Wang (Nanjing, China)
I chose MQE because I saw the various possibilities that it would bring me with its rigorous curriculum, great location of LA, excellent career services and networking resources, combined with UCLA's prestigious reputation and the beautiful campus. What makes MQE stand out is its flexibility and that it is really about tailoring your education to your future goals. MQE provides a wide range of opportunities for students to find the most suitable goal for themselves in the future and offers the biggest help whether you choose to work or pursue a PhD after graduation.
- Mengke (Claire) Li (Beijing, China)
Admission requirements for the MQE program adhere to UCLA’s high standards of excellence.
In order to be considered for admission, you must submit the following:
The statement of purpose gives applicants the opportunity to demonstrate to the Admissions Committee how their previous academic training, research or interest areas, work experience, and any other relevant evidence-based qualifications have prepared them to contribute to the UCLA MQE program and to the field. Please include your future career goals and how obtaining an MQE might help you reach your professional potential.
Applicants are required to submit a personal history statement. Use this statement to share any pertinent personal information that you would like the Admissions Committee to consider.
Applicants must submit a resume or CV. This document should showcase your experiences outside the classroom and any awards or honors you may have received.
Two letters of recommendation are required from individuals, preferably academic or professional supervisors, who are well acquainted with your performance in academic or work settings. Although only two letters are required, a third letter will be reviewed if provided.
Only unofficial transcripts are needed during the initial stages of the application process. You will be contacted if official documents are needed.
Degree and GPA Requirements
The minimum requirement for admission for a U.S. applicant is a bachelor’s degree from a regionally accredited institution, comparable in standard and content to a bachelor’s degree from the University of California. A scholastic average of B (3.0 on a 4.0 scale, or equivalent) or better, is required.
An international applicant whose post-secondary education is completed outside of the U.S. is expected to hold a degree representing completion of at least four years of study with above average scholarship from a university or university-level institution.
Official GRE scores must be sent directly by the Educational Testing Service (ETS). A photocopy of the report is not considered an official document and cannot be used for admission evaluation. Please provide the ETS with the following codes when requesting your scores:
GRE – UCLA: 4837 / Econ: 1803
Be advised that all applicants, regardless of their degree or major backgrounds, must submit GRE scores. There are no substitutes for the GRE, including the GMAT.
A GRE score is valid if the examination was given no more than five years prior to the date your application is submitted. If your score has expired, you must re-take the exam.
Applicants who hold a bachelor’s or higher degree from a university located in the United States or from another country in which English is both the spoken language and the medium of instruction, or who have completed at least two years of full-time study at such an institution, are exempt from the TOEFL/IELTS requirement.
Official TOEFL scores must be sent directly by the Educational Testing Service (ETS). A photocopy of this report is not considered an official document and cannot be used for admission evaluation.
Please provide the ETS with the following UCLA codes when requesting your scores:
TOEFL – UCLA: 4837 (There is no department code for MQE, enter 99 for “not listed.”)
If you have previously taken the TOEFL exam, your score is valid for two years from the test date. If your score has expired, be sure to take the exam by February so that your scores will arrive by March.
A TOEFL score of at least 560 on the paper-and-pencil test or 220 on the computer- based test is the minimum required. For the internet-based TOEFL, applicants must have a minimum total passing score of 87. You do not need to meet the minimum passing score for each section if the minimum overall score of 87 is met. An IELTS overall band score of at least 7.0 is the minimum required.
The application fee is $135.00 for U.S. citizens and permanent residents and $155.00 for all other applicants. The application fee is devoted to the administrative cost of processing all applications received and is not refundable under any circumstances, regardless of the outcome, the date of filing, time of review, or if, for whatever the reason, the application is withdrawn.
Tuition for 2023-2024 is $1,117.80 per unit for all incoming students (CA residents and non-residents).
Individual costs will vary by quarter based on the number of units enrolled. Each spring, the university sets the fee rates for the upcoming academic year. fees are subject to change on an annual basis. It may be possible to waive the health insurance fee if a student is already covered through another health insurance plan. Learn more about this waiver. A non-refundable $2,000 admission enrollment deposit is required and will be applied towards tuition costs.
There are two types of financial support available through the University: merit-based awards and financial need-based awards.
The MQE program considers all accepted applicants for merit-based fellowships. No additional application is necessary. Recipients will be contacted by the program.
Financial Aid Resources
UCLA offers a variety of financial aid resources and tools for students. Please visit the Financial Aid Office for further details.
For questions about our departmental admissions policies and procedures, please contact the MQE office.
To learn more about applying to a graduate program at UCLA, visit UCLA’s Graduate Division website.
If you have specific questions about the online application system, please email us. If you experience technical issues with the online application, please use the “TECHNICAL SUPPORT” button found at the top of each page of the application.
If your undergraduate degree is not in economics, it is recommended that you have Calculus I and II for engineering and math majors, Intermediate Microeconomics and Intermediate Macroeconomics. In addition, if you have not taken Econometrics, a strong statistics background is recommended.
One of the features of the MQE program is a flexible course schedule. Hear from a few of our current students about which classes they enjoyed most and why.
Prior work experience is not required for admission to the MQE program. However, all elements of each applicant will be evaluated.
No. UCLA policies allow applicants to apply to one major/degree only, except for concurrent or articulated degrees. Please decide which of our programs is most appropriate for you prior to submitting the Application for Graduate Admission.
Tests are administered by the Educational Testing Services (ETS). View the ETS website for more information.
Any applicant whose first language is not English must certify proficiency in English when applying to UCLA and, if admitted, upon arrival. Such applicants must submit scores received on the Test of English as a Foreign Language (TOEFL) or the International English Language Testing System (IELTS) as part of their application. The TOEFL is administered by the Educational Testing Service (ETS). IELTS is administered by local IELTS test centers throughout the world. Applicants should consult IELTS for the nearest test center.
If your first language is not English, you must certify proficiency in English when you apply to UCLA. The MQE requires you submit TOEFL or IELTS scores as part of the admissions process. Official test scores will be required if you are admitted. TOEFL scores must be at least 87 on the internet-based test or 7 or higher on the IELTS. These scores represent the minimum required for acceptance to a graduate program at UCLA. Please see the Graduate Division website for additional information.
If you score 100 or higher on the TOEFL iBT, or 7.5 or higher on the IELTS, you do not need to take UCLA’s English as a Second Language Placement Examination (ESLPE). If you score less than 100 on the TOEFL iBT, or less than 7.5 on the IELTS, you are required, upon arrival at UCLA, to take the ESLPE. Depending on your results on the ESLPE, you may be required to complete up to two English as a Second Language courses, beginning in your first term at UCLA. If ESL courses are required, you should enroll as soon as possible to avoid scheduling conflicts.
Tuition costs associated with required ESL courses will be reimbursed to the student by the MQE.
No. Writing samples are not required and will not be reviewed by the Admissions Committee.
A minimum grade point average (GPA) of “B” (3.0 on a 4.0 scale), or its equivalent, in upper division undergraduate study and in graduate level study (if any), is required for graduate admission to any program at UCLA.
There is no minimum score requirement for the GRE.
Applicants who have completed three years of undergraduate course work, or the equivalent, are considered when they specify they have the remaining year of course work in progress, and describe the proposed course work for that year. Please submit your transcripts by the deadline, even if your fall term grades are not yet available.
The deadline to be considered for the 2024-25 program is March 15, 2024. Admissions decisions are made on a rolling basis. Complete applications will be reviewed in the order in which they are received. Applicants who apply by November 1, 2023 will receive a response from the MQE program by December 15, 2023. Applicants who apply by December 1, 2023 will receive a response from the MQE program by February 15, 2024. All applications must be received by March 15, 2024.
If you have transferred institutions, the original transcripts from both schools must be submitted. For example, if you attended a community college then transferred to a four-year university, both transcripts must be submitted.
No, official transcripts are not needed during the initial stages of application. Please upload an unofficial copy of your transcripts to the online application. You will be contacted if official documents are needed.
The letters should be uploaded by the letter writer to the online application. If the letter writer is unable to upload the letter for some reason, there are two alternative options for submitting the letters of recommendation.
For either of these options to be accepted, you must first email the MQE Graduate Office for permission.
1) The writer may send in the letter by mail. Make sure the letter is printed on letterhead and both documents are sent in a sealed envelope.
2) The writer may e-mail the letter in PDF format directly to the MQE Graduate Office. The letter must be printed on letterhead.
Yes, application materials will be consolidated as they arrive.
Official transcripts are not needed during the initial stages of application. You will be contacted if official documents are needed.
If you are contacted, one official copy of your transcripts (and degree certificates, if applicable) must be sent directly from the registrar(s) of the academic institution(s) you have attended (beyond secondary school), or you may request official copies and mail them yourself in the sealed envelope provided by the issuing institution. Transcripts must be sent to:
Attn: Master of Quantitative Economics
UCLA Department of Economics
8276 Bunche Hall
Los Angeles, CA 90095
Please note that submitted records become the property of the University and cannot be returned. If you are a university/college senior, do not risk missing the deadline by waiting for senior-year grades to be posted before submitting your application and transcript. UCLA undergraduates are exempt from mailing official copies of UCLA transcripts.
Official transcripts are not needed during the initial stages of application.
International applicants should submit transcripts in both the original language AND the authorized, complete, and exact English translation certified by the issuing institution. Degree and diploma certificates (or other evidence of conferral of all degrees, diplomas, or professional titles) must accompany the transcripts and must also be submitted in the original language AND in English. This evidence may be in the form of officially certified copies of the actual diploma, entries on official records or official statements from granting institutions. In all cases, the statement must include the exact, original title of the degree and the date of its formal conferral (month and year).
Unfortunately, we will not be able to update your application materials.
As a self-supporting program, the MQE is billed to veterans at the in-state tuition rate, and thus is eligible for tuition coverage under the Post 9/11 GI Bill® up to the amount of your eligibility percentage found on your Certificate of Eligibility from the VA. The cost of tuition for 2023-24 is $1,117.80per unit. Apply for your VA benefits by going online to either www.gibill.va.gov or www.eBenefits.va.gov. Visit www.vets.gov to apply online for veteran’s educational benefits.
Once your application is approved, you will receive a Certificate of Eligibility (COE) which will list the benefit(s) you are eligible for. You can submit your certification for 9/11 Bill benefits by emailing UCLA’s Veterans Benefits Coordinator.