Master of Professional Studies (MPS) in Applied Economics and Management

Advance your career in economics with our one-year program centered on hands-on learning and real-world problem solving.


The Master of Professional Studies (MPS) in applied economics and management (AEM) is a one-year professional degree that emphasizes coursework and a problem-solving project for a hands-on experience that will further your career and give you a competitive edge.

From international trade and development to food, energy, and resource economics and innovations in technology, students in this program study a wide range of topics. Graduates go on to work for companies such as Goldman Sachs, Google, and the Busara Center for Behavioral Economics in Nairobi, Kenya.

  • Concentrations
  • General Degree Requirements
  • Career Opportunities


We offer five concentrations within the MPS:

For students seeking a wide variety of applied economics and management subfields—including international development, environmental management, agribusiness management or marketing, agricultural and empirical finance, and production risk management—you may choose to pursue a general MPS in AEM without a concentration.

General Degree Requirements

MPS students must complete the following general degree requirements. Concentrations may carry additional concentration-specific requirements.

  • 30 credit hours
  • Two full-time semesters
  • At least 24 credits in courses numbered 4000 or higher
  • Completion of a problem-solving project
  • A maximum of 6 credit hours may be earned through the problem-solving project
  • A maximum of 6 credit hours may be earned prior to enrollment, either at Cornell University or elsewhere; these credits must be related to the subject of study and completed not more than 5 years before admission
  • Minimum grade point average of 2.5
  • Completion of the degree within four years of admission

MPS students, regardless of concentration, must complete the following courses:

  • AEM 5600 - Managerial Economics (4 credits)
  • BTRY 6010 - Statistical Methods (4 credits)
  • One of:
    • AEM 4110 - Introduction to Econometrics (spring, 3 credits)
    • AEM 4410 - Marketing Research (spring, 3 credits)
    • AEM 4120 - Computational Methods for Management and Economics (fall, 3 credits)
  • AEM 6991 - MPS Research Seminar (fall, 3 credits)
  • AEM 6992 - MPS Research Seminar (spring, 3 credits)

This is not a comprehensive list of requirements for the MPS degree program. Students should refer to the page for their intended concentration for additional requirements.

Career Opportunities

Placement services for Cornell University and the Dyson School are available to MPS students.

In addition, the Project Sponsorship Program and the annual event Consumer Biz Camp: Industry Solutions (taking place the second Wednesday-through-Friday of March each year) provide access to companies and entities looking for professionals in this area.

Our resources provide a unique set of placement connections that will help you with your career.

Past students trained in behavioral economics and consumer choice have gone on to a wide variety of jobs, including:

  • Senior research executive; Kantar Retail, UK
  • Senior credit analyst; CoBank, CA
  • Junior business analyst; Indus Valley Partners, NY
  • Client executive; IBM, Boston
  • Assurance associate; Ernst & Young, NY
  • Hedge fund strategies analyst; Goldman Sachs, NY
  • Assurance associate; PricewaterhouseCoopers, NY
  • Data collector; Retail Data, LLC, Nashville
  • Senior research associate; Hanover Research, VA
  • Research specialist; Dairy Farmers of America, KS

If you have questions, please contact the MPS graduate coordinator, Lisa Biskup, at

Student Spotlight

Robert Salamida

R. Andrew Salamida


Binghamton, NY

Anticipated degree and concentration

MPS, Applied Behavioral Economics and Individual Choice

Why I chose the Dyson School

The Dyson School has some of the best faculty. Working with these faculty members will be of great support for my research.