Commerce & Economic Development MS
Northeastern University, United States
Master of Science in Commerce and Economic Development
Northeastern University
Commerce & Economic Development
Program Overview: MS in Commerce & Economic Development
The Master of Science in Commerce and Economic Development at Northeastern University is a STEM-designated program that integrates economics, leadership, technology, and public policy to prepare students for impactful careers in both the private and public sectors. Offered through the College of Professional Studies in collaboration with the College of Social Sciences and Humanities, this program equips you with the analytical skills needed to navigate the complexities of the global economy.
Through a targeted curriculum emphasizing quantitative techniques and big data applications, you will gain in-depth knowledge of the financial, regulatory, and economic environments that shape global commerce and international trade. The program also explores the impact of art, culture, and environmental resources on economic development, providing a uniquely interdisciplinary perspective.
Designed for midcareer professionals, this innovative degree is capped by a capstone project where you synthesize classroom learning with hands-on applications to real-world problems. The STEM designation allows international students to apply for a 24-month OPT STEM Extension, enabling up to 36 months of post-graduation work authorization in the United States.
Key Program Highlights
- STEM-designated program qualifying international students for up to 36 months of post-graduation OPT work authorization in the U.S.
- Interdisciplinary curriculum integrating economics, leadership, institutional organization, technology, and public policy
- Financial Economics concentration that prepares students for the CFA Institute Level I exam
- Transfer credit opportunities for holders of CFA, CFP, FRM, and PRM certifications, reducing program length and cost
Curriculum & Modules
The MS in Commerce and Economic Development features a rigorous, practice-oriented curriculum that blends applied economic theory with quantitative analysis and policy evaluation. Core courses build a strong foundation in macroeconomics, mathematical methods, econometrics, and financial analysis, while concentration and elective courses allow you to tailor the program to your career goals.
Commerce and Economic Development (CED 6050)
3 Quarter HoursExplores introductory material in economics, finance, and mathematics relevant for graduate studies, establishing a foundation for advanced coursework in the program.
Applied Macroeconomic Theory (CED 5020)
2.25 Quarter HoursSurveys the policy and practice of macroeconomics, exploring the link between economic theory and current policy, including national output, unemployment, interest rates, and inflation.
Mathematical Methods for Economics (CED 5030)
2.25 Quarter HoursCovers applications of mathematics to economics including functions, matrix algebra, differentiation, optimization, constrained optimization, and interpretation of the Lagrange multiplier.
Applied Econometrics
3 Quarter HoursFocuses on instrumental variables, discrete choice modeling, panel data analysis, program evaluation, and empirical strategies for applied micro research commonly used in economics.
Environmental Economics
3 Quarter HoursAnalyzes efficient allocation of environmental resources and their impact on commerce and economic development, including topics such as global warming, habitat protection, and public policy.
Capstone Project (CED 6960)
3 Quarter HoursOffers students an opportunity to design and carry out an interdisciplinary economic policy analysis comparable to those performed for a government or nonprofit agency, using real-world clients.
Elective & Concentration Options
Admission Requirements
Admission to the MS in Commerce and Economic Development operates on a rolling basis. Prospective students should ensure they meet the academic, language, and documentation requirements outlined below. Contact Uni4Edu for personalized guidance through the application process.
Academic Requirements
- Bachelor's DegreeA completed undergraduate degree from an accredited institution is required
- Minimum GPA3.0 on a 4.0 scale (or equivalent)
- GRE/GMATNot required for this program
- Professional ExperienceDesigned for midcareer professionals; relevant work experience is valued
- Statement of Purpose500–1,000 words identifying your educational goals and expectations of the program
English Language Requirements
- TOEFL iBTMinimum 79 overall with a writing score of 20
- IELTSMinimum 6.5 overall with no band lower than 6.0
- Duolingo English TestMinimum 105
Required Documents
For personalized admission guidance, document verification, and application support, please contact Uni4Edu
Scholarships & Funding
Northeastern University and external organizations offer various funding opportunities for graduate students in the Commerce and Economic Development program. Uni4Edu can help you identify and apply for scholarships that match your profile and financial needs.
CPS Campus Scholarship
Up to 25% tuition reductionSelect programs at select campuses offer additional scholarships of up to 25% off the listed tuition price for domestic students studying on campus. Contact Uni4Edu for eligibility details.
CFA/CFP/FRM/PRM Certification Transfer Credit
22–24% tuition savingsHolders of CFA, CFP, FRM, or PRM certifications can receive 10–11 credit hours of transfer credit, reducing both program duration and overall tuition cost.
Northeastern Graduate Assistantships
Varies by positionGraduate assistantship opportunities may be available across university departments, providing financial support in exchange for research or teaching assistance. Contact Uni4Edu for current availability.
For detailed tuition fee information, please contact Uni4Edu — we will guide you through the costs and available funding options for this program.
Career Prospects
Graduates of the MS in Commerce and Economic Development are well-positioned for careers across government, international organizations, nonprofit organizations, universities, and the private sector. Several major trends including policy convergence, e-commerce expansion, and continued international development are driving strong job growth in international trade and economic development fields.
Potential Career Roles
Industries & Employers Hiring Graduates
Rankings & Recognition
Northeastern University is a globally recognized research institution with a strong reputation for experiential learning and industry partnerships. The university consistently ranks among the top institutions in the United States and worldwide across multiple ranking systems.
| Subject | Ranking Body | Rank |
|---|---|---|
| Business & Economics | Times Higher Education | Top 200 |
| Social Sciences | QS World University Rankings | Top 300 |
| Economics & Econometrics | QS World University Rankings | Top 250 |
| Business & Management | QS World University Rankings | #201 |
How to Apply
Applying for this program is easy with Uni4Edu. Our team will guide you through every step of the process — from document preparation to final enrolment.
Contact Uni4Edu
Reach out to our team via email or phone. We will assess your profile and confirm your eligibility for this program.
Prepare Your Documents
Our advisors will provide you with a personalised checklist of required documents and help you prepare your application package.
Submit Your Application
Uni4Edu will submit your application on your behalf and keep you updated on its progress throughout the review period.
Receive Your Offer
Once accepted, we will help you understand your offer, arrange visa support if needed, and guide you through the enrolment process.
Similar Programmes
Bachelor's Degree
36 months
Economics and Politics\t
University of Kent, Canterbury, United Kingdom
Earliest Intake
June 2025
Gross Tuition
19300 £
Bachelor's Degree
48 months
Economics with a Year Abroad\t
University of Kent, Canterbury, United Kingdom
Earliest Intake
October 2025
Gross Tuition
19300 £
Bachelor's Degree
42 months
Business Economics with Marketing BSc (Hons)
University of Dundee, Dundee City, United Kingdom
Earliest Intake
July 2026
Gross Tuition
21900 £
Bachelor's Degree
48 months
Economics
Manhattan University, Bronx, United States
Earliest Intake
August 2025
Gross Tuition
46100 $
Bachelor's Degree
48 months
Economics
University of Toledo, Toledo, United States
Earliest Intake
October 2026
Gross Tuition
36570 $
Uni4Edu AI Assistant
