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 emphasizes a non-thesis route, which is common in North American graduate economics programs. Students will engage in a blend of coursework and research, culminating in an extended research paper. The program aims to equip graduates with the analytical skills necessary for a successful career in economics.
Program structure
The Master of Arts in Economics program at Lakehead University has a structured approach to learning, ensuring that students gain both theoretical knowledge and practical experience. The program includes:
Program Length: The non-thesis option must be completed within six terms (2 years) of continuous registration.
Students typically take six courses in their first year (three in fall, three in winter).
In the second year, students will complete two additional courses in the fall and finish their extended research paper in the winter.
For those opting for the co-operative program, an additional two four-month work terms are required, extending the program to eight terms.
This structure allows students to apply their classroom knowledge in real-world settings, particularly through the co-op option, which enhances their educational experience.
Featured Experiences
The Master of Arts in Economics program offers several unique features that enhance the learning experience:
Co-operative Option: This allows students to gain practical work experience through two four-month work terms, providing valuable insights and skills applicable to their future careers.
Extended Research Paper: Students will complete an extended research paper, allowing them to delve deeper into a specific area of interest within economics.
Field Options: The program includes various field options, enabling students to tailor their studies to their interests and career goals.
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 bodies to develop and evaluate economic policies and programs.
Market Research Analyst: Conduct research to understand market conditions and consumer preferences, helping companies make informed decisions.
Financial Consultant: Advise clients on financial planning, investment strategies, and economic forecasts.
Data Scientist: Utilize statistical methods and data analysis to interpret complex data sets and inform business strategies.
These roles highlight the versatility of an economics degree and the demand for skilled professionals in various sectors.
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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