The Master of Arts in Economics at Lakehead University is designed to provide students with a comprehensive understanding of core economic theories and various field options. This program offers a non-thesis route, which is the standard for most graduate Economics programs in North America. Students will engage in a combination of coursework and an extended research paper, allowing them to apply their knowledge in practical settings. The program is available in both a standard format and an optional co-operative education format, which enhances the learning experience by integrating academic study with real-world work experience.
Program structure
The Master of Arts in Economics program is structured to provide a robust educational experience over a defined period. The key features of the program structure include:
Program Length: The standard program duration is two years for the non-thesis option, requiring completion of all requirements within six terms of continuous registration.
For students opting for the co-operative education format, the program extends to eight terms, which includes two additional four-month work terms following the initial two terms of study.
Students typically take six courses in their first year (three in the fall and three in the winter) and complete two courses in the fall of their second year, followed by their extended research paper.
The co-op option allows students to gain practical experience by applying their classroom knowledge in real-world settings.
Students must complete at least six half courses from the non-thesis options to qualify for the co-op program, with placements facilitated by the Career and Co-operative Education Services based on academic performance.
Featured Experiences
The Master of Arts in Economics program at Lakehead University offers several unique features that enhance the educational experience:
Co-operative Education Option: This allows students to gain valuable work experience through two four-month work terms, providing insights and practical application of their studies.
Extended Research Paper: Students engage in a significant research project that allows them to explore economic topics in depth.
Field Options: The program includes various field options that enable students to tailor their studies to their interests and career goals.
Supportive Learning Environment: Students benefit from a collaborative atmosphere with access to faculty guidance and resources.
Career Options
Graduates of the Master of Arts in Economics program can pursue a variety of career paths in Canada. Here are some potential job options:
Economic Analyst: Analyze economic data and trends to provide insights for businesses and government agencies.
Policy Advisor: Work with government or non-profit organizations to develop and evaluate economic policies.
Market Research Analyst: Conduct research to understand market conditions and consumer preferences, helping companies make informed decisions.
Financial Consultant: Advise clients on financial planning and investment strategies based on economic forecasts.
Data Scientist: Utilize statistical methods and data analysis to interpret complex data sets and inform business strategies.
These roles leverage the analytical and theoretical skills developed during the program, preparing graduates for successful careers in various sectors. The combination of academic knowledge and practical experience gained through the co-op option further enhances employability in the competitive job market.
DISCLAIMER: The information above is subject to change. For the latest updates, please contact LOA Portal's advisors.
Applicants for admission must be graduates of a recognized university, college, or institute as well as show evidence of scholarly achievement. Except where otherwise stated in the Admission Requirements of a particular program, degree students must have a four year bachelor's degree or its equivalent with at least second class standing (B) based on their last 20 half courses or equivalent.
For applicants from countries that follow a British-patterned grading system, please note:
Overall standings are normally reported in lieu of an average. The CGPA can be determined on the basis of annual or overall standings as reported on the transcript or degree certificate.
A minimum grade of B, or Second Class, Upper Division, is required.
The National Diploma and Higher National Diploma are not recognized for admission to a graduate-level program.
Be sure to include a copy of your institution grading scale when uploading your transcripts.
An applicant holding a degree other than one in the discipline area to which admission is sought will be considered on the basis of courses taken and academic standing.
Meeting the minimum requirements does not necessarily guarantee admission. No candidate will be admitted unless the academic unit recommends admission. All applicants will be advised by the Office of Graduate Studies in writing of their admission status.
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Program Specific Requirements
In addition to the general admission requirements for Master programs, the following requirements also apply:
An Honours B.A. (Economics) or an equivalent four-year degree with at least second class standing
Candidates may be required to make up deficiencies by taking courses in addition to those required for the Master's degree. This will be at the discretion of the Department
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Language Requirements
English Language Requirements
Accepted tests and minimum scores:
Canadian Academic English Language Assessment (CAEL) or CAEL CE (Computer Edition) or CAEL Online: 60
Cambridge Academic English (C1 Advanced or C2 Proficiency): 176 (no individual score less than 169)
Duolingo English Test: 120 (no individual sub-score less than 115)
International English Language Testing System (IELTS): 6.5 (no individual score less than 6.0)
Michigan English Test (MET): 85
Pearson Test of English Academic (PTE Academic): 58 (no component score less than 50)
Test of English as a Foreign Language (TOEFL), Institution Code 0888: 4.5 overall (no section below 4.0) for tests completed as of January 2026; Internet Based Test (iBT) 80 (no component score less than 19) for valid tests taken prior to January 2026
DISCLAIMER: The information above is subject to change. For the latest updates, please contact LOA Portal's advisors. The listed minimum requirements are a guideline and do not guarantee admission. Do not worry, we will notify you of any changes during the application process.
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