Graduate Application Information and FAQs

The admissions committee does not review any qualifications or transcripts without the receipt of a formal application. The normal requirement for admission to the M.Sc. in Economics is a Bachelor’s (Honours) 4 Year Degree (or the equivalent) in Economics, with an average cumulative grade of B+ or higher, calculated using the last 20 completed courses. Applicants with bachelor’s degrees majoring in other subjects other than economics, are expected to have had adequate preparation in advanced microeconomic and macroeconomic theory, econometrics, and mathematics. This could be satisfied, for example, by having completed undergraduate courses in advanced microeconomic theory, advanced macroeconomic theory, econometric theory and methods, mathematical analysis in economics, and statistical analysis in economics. Students with deficiencies in their preparation may be offered admission to our extended master’s program. The typical requirement for the Ph.D. in Economics is a master’s degree in economics with an overall average of A- or higher. International applicants should also visit Carleton’s Admission Requirements for International Students website to help determine your eligibility. Applicants whose first language is not English must certify adequate proficiency in English.

$125.00 CAD
To determine the most current exchange rate, visit the Bank of Canada currency exchange rate calculator. The application fee must be paid in Canadian dollars. The application fee is paid directly to Carleton University by Visa, MasterCard or INTERAC Online at the end of the application process. Once your fee payment has been processed, you will receive an email within 1–3 business days with further instructions on how to complete your application package via Carleton Central.

The application fees are determined by the central university administration and unfortunately, they do not grant fee waivers.

International students seeking study permit and immigration advice must contact the authorized advisors at Carleton’s Global Opportunities and International Student Services Office (GO-ISSO).
GO-ISSO’s Immigration Information and Support webpage provides information about international student status in Canada and resources for making applications to Immigration, Refugees, and Citizenship Canada (IRCC). For additional support, please contact GO-ISSO directly at isso@carleton.ca.

Applicants recommend for admission will be provided with the following electronic documents on Carleton Central:

• an Offer of Admission,
• a Statement of Standing on Admission,
• and a Letter for International Students.

The documents above are to be submitted when applying for a study permit.

To be considered for admission to our M.Sc. in Economics, typically students must have completed the equivalent of a Bachelor’s Honours degree (four years) in Economics with an average overall grade of B+ (77-79%) or the minimum Carleton University equivalent Cumulative Grade Point Average (CGPA) of 9.00 out of a maximum of 12.00.

The GPA is calculated using the applicant’s last 20 courses completed, based on most courses being completed in one semester or worth 0.5 credits. Credits completed outside the degree will also be counted.  The last 20 courses are identified simply by counting back in chronological order. Find out more about Carleton’s Grade Point System.

A grade of B+ (77-79%) or higher is also required in each area of advanced coursework in macroeconomics (ECON 4021), microeconomics (ECON 4020), and econometrics (ECON 4706).

For Fall intake to the M.Sc. and Ph.D. programs, all documents should be received by February 1st.
In order to be considered for first round financial assistance, your complete application including any supplementary documents (transcripts and letters of reference etc.) should be received by this deadline.

International applicants who require a study permit will not be considered for fall admission unless their applications are complete by May 1st.

Graduate Record Examination (GRE) is not required for the M.Sc. Program. However, it is recommended that applicants with degrees from universities outside Canada (especially from very different university systems) take the GRE so as to enable a more accurate assessment of their backgrounds. A copy of the GRE® Information and Registration Bulletin can be found at https://www.ets.org/pdfs/gre/gre-info-bulletin.pdf.

The master’s program is a course-based program, therefore applicants do not need to find a supervisor.
Once a student has completed their core master’s course requirements with a minimum A- in each, they may then submit an application to complete the thesis option (ECON 5909) or directed research course (ECON 5906).

If an applicant needs to list a supervisor for use in a scholarship application, they may list the MA Program Supervisor.

All study permit applications must show the applicant meets financial requirements established by Immigration, Refugees and Citizenship Canada that you prove that you have enough money to support yourself while studying in Canada. Carleton University estimates the costs of living and schooling at between $32,000 and $40,000 (CAD) per year. This estimate will vary depending on whether you were admitted directly into our M.Sc. requiring only two terms for completion (Sept-Dec and Jan-Apr), OR you were admitted into our extended master’s program with the additional requirement of completing all or some of the following undergraduate-level courses in advanced mathematical analysis (ECON 4001); advanced statisitical analysis (ECON 4002); advanced microeconomic theory (ECON 4020); advanced macroeconomic theory (ECON 4021); advanced econometrics (ECON 4706). For more information visit the page on Cost and Fees.

M.Sc. program: Your chances of receiving financial assistance are greatest if your undergraduate degree is from a Canadian university and your undergraduate average (calculated using your last 20 completed courses) is A- or higher.

Ph.D. program: Each year, a small number of outstanding applicants are awarded financial assistance. Generally, we only admit students to our program to whom we can award financial assistance.

Students may be offered: a teaching assistantship valued at approximately $12,900; a graduate scholarship of between $2,000 and $5,000 for (domestic) master’s students or between $5,000 and $15,000 for (domestic) Ph.D. students. Please note that funding from Carleton (including teaching assistantships, research assistantships and scholarships) is limited to only a few outstanding international applicants. For more information on financial assistance for international students click here.

When planning to pay for your university education in Canada, it’s important to explore all of the funding options that are available to you from all sources.

Information for international students about “Scholarships and Money Matters” can be found here: https://carleton.ca/isso/services-for-current-students/money-matters/

Full-time master’s students are expected to complete their 4.0-credit course requirements within two terms.
Please note: Full- or part-time status is established at the time of admission to a program.

Part-time master’s students will take a minimum of four terms but have a maximum of 6 years to complete the program as set out in Section 13 of the General Regulations of the Graduate Calendar.
Please note: students who apply to study part-time are not eligible for funding, awards or scholarships.

Admission to the Extended M.Sc. with additional undergraduate 4000-level course requirements, will extend the program length for 1-2 terms of full-time study depending on the number of additional courses required and the availability of these additional courses in any given term.
When you receive an admission offer from Carleton, please read the “Statement of Standing on Admission” form very carefully. This form tells you exactly what your program requirements are.

Tuition fee information can be found at www.carleton.ca/studentaccounts/tuition-fees.
When using the Tutition Fee Estimator, to calculate the fees for full-time study in our master’s program, enter the following information:

Term: Most recent fall term available: Fall [Insert Year of Admission] (September-December)
Level: Graduate
Year of Study: First Year
Full/Part Time: Full Time
Number of Courses: 1 (if your status is Full Time the number of courses does not matter)
Residency: Select Ontario, Other Canadian, or International
Program: Select “All other Masters Programs”
Include UPass Fee: Yes
Include UHIP Fee: Select Yes if you selected “International” for your Residency.
Then click ‘Estimate My Fees’.

Use the total provided and multiply that by the number of terms you expect to take to complete your program

Full-Time study:
x 2 if you plan to complete 4.0 credits over 2 terms.
x 3 if you plan to complete 4.0-6.0 credits over 3 terms.
Part-Time study:
typically x 4 to complete 2 courses per term over 4 terms.

Visit the Department of Housing and Conference Services at www.carleton.ca/housing or the Global Opportunities and International Student Services Office (GO-ISSO) I-Start International Student Orientation website.

Registration information and instructions can be found at www.carleton.ca/registrar/registration.

If you are interested in studying accounting, marketing, or management at Carleton, you should be applying to the Sprott School of Business at www.carleton.ca/sprott.

There is no formal process for appealing admission decisions. You can discuss admission decisions with the M.Sc. program supervisor, Prof. Maya Papineau or the Ph.D. program supervisor, Prof. Minjoon Lee.

Our staff aim to respond to inquiries as promptly as possible. We constantly monitor our inbox (economics@carleton.ca). However, in accordance with Carleton University’s guidelines, please allow 3–5 business days for a response before following up. We appreciate your patience and understanding.

If you have studied within the last three years (full-time, non-ESL) in a university in Canada, the United States, the United Kingdom or any other country in which the primary language is English and where the language of instruction in the relevant educational institution was exclusively English, you need to complete the Confirmation of Language Proficiency form. You must then save and upload it with your required documents in Carleton Central as Document Type: Language Proficiency.

All applicants whose first language is not English must satisfy this requirement in one of the following ways:

(i) by presenting a CAEL overall band score of 70 or higher; or

(ii) by presenting a TOEFL iBT total score of 100 or higher with a score of 24 or higher on each of the four (Listening, Reading, Writing, and Speaking) sections; or

(iii) by presenting an IELTS overall band score of 7.0 or higher with a score of 6.5 or higher on each of the four (Listening, Reading, Writing, and Speaking) parts

(iv) A Duolingo (DET) overall score of 125 or higher, with a minimum score of 125 in each sub-score (Literacy, Conversation, Comprehension, and Production).

(v) by having completed ESLA 1900 or ESLA 1905 at Carleton University with a final grade of B- or higher

Note that applications for admission will be considered incomplete until the English language proficiency requirement has been met.

If you do not currently have language test scores, but intend to write a test at a later date, you should notify the academic unit to which you are applying.

You can access this letter in Carleton Central which is indicated as “Letter for International Students”. It contains the information required by Immigration, Refugees and Citizenship Canada (IRCC) for your study permit application. This should be submitted along with your Offer of Admission and Statement of Standing on Admission.

Your offer of admission is good for one term only. Read the pink “Statement of Standing on Admission” form carefully. If it says “Fall 2026,” you must start in September 2026.

It takes some time to get used to Canada and find a place to live etc. therefore, it is often better to delay your admission until the following academic year than to arrive late. We strongly discourage students from missing any classes at the beginning of the term due to delays in arriving in Ottawa.