Economics (TwinCities)

Admissions

1. What is the minimum undergraduate G.P.A. preferred by the program?

   Doctoral	Masters
   3.50	n/a

2. What is the minimum G.R.E. Verbal score preferred by the program?

   Doctoral	Masters
   n/a	n/a

3. What is the minimum G.R.E. Quantitative score preferred by the program?

   Doctoral	Masters
   750	n/a

4. What is the minimum G.R.E. Analytical Writing score (6 pt scale) preferred by the program?

   Doctoral	Masters
   n/a	n/a

5. What is the minimum G.R.E. 'subject' score preferred by the program?

   Doctoral	Masters
   n/a	n/a

6. What is the minimum G.M.A.T. Verbal score preferred by the program?

   Doctoral	Masters
   n/a	n/a

7. What is the minimum G.M.A.T. Quantitative score preferred by the program?

   Doctoral	Masters
   n/a	n/a

8. What is the minimum G.M.A.T. Total score preferred by the program?

   Doctoral	Masters
   n/a	n/a

9. What is the minimum TOEFL (paper-based) score required by the program?

   Doctoral	Masters
   600	n/a

10. What is the minimum TOEFL (computer-based) score required by the program?

    Doctoral	Masters
    253	n/a

11. What is the minimum TOEFL (internet-based) Writing score required by the program?

    Doctoral	Masters
    21	n/a

12. What is the minimum TOEFL (internet-based) Reading score required by the program?

    Doctoral	Masters
    19	n/a

13. What is the minimum TOEFL (internet-based) Total score required by the program?

    Doctoral	Masters
    100	n/a

14. What is the minimum MELAB score required by the program?

    Doctoral	Masters
    84	n/a

15. What is the minimum IELTS score required by the program?

    Doctoral	Masters
    7.0	n/a

16. How many 'slots' did the program have for the most recent Fall term?

    Doctoral	Masters
    19	0

17. Other admission criteria:We receive many applications each year from students who meet the above criteria - many more than we can admit. We also examine other credentials such as letters of reference, honors awarded, research papers and other professional activities, and courses taken and texts studied. We have no set admissions "criteria" for these areas, since they are hard to quantify, but we consider them very seriously.

Advising and Orientation for Incoming Students

1. Does the program provide provisional (initial) advisors?
   Yes
   No
   
   1. A. Who serves in the role of provisional/initial advisor?
      Director of Graduate Studies
      Faculty members without research projects
      Members of the program's Graduate Studies Committee
      Faculty members take turns
      Advanced graduate students
      Other:
2. When is the permanent major advisor determined?
   During review of application
   By end of first term
   By end of second term
   By end of first year
   When student files program
   Other:
3. How is the permanent major advisor determined?
   Advisor is automatically determined by matching the student's specific interest with faculty member (or members, sequentially) in that area
   Director of Graduate Studies is the major advisor for all students in the program
   Director of Graduate Studies matches student to advisor based on application and personal knowledge
   Faculty committee matches student to advisor based on application and personal knowledge
   Student talks to faculty members and asks to be advisee
   Faculty person requests a student for advisee
   Other:
4. How long is your program's orientation session for new students?
   We don't do an orientation session
   1-2 hours
   3-4 hours
   5-7 hours
   8 or more hours
   Orientation is provided by the advisor
   

Graduate Student Life

1. Training / Events / Organizations
   Program provides program-development coaching sessions
   Program provides research design / thesis proposal coaching sessions
   Program provides education in responsible/ethical research
   Program provides training in writing grants
   Program sponsors seminar or otherwise provides information on dealing with the stresses of graduate education
   Program sponsors speaker seminars
   Program sponsors social events for graduate students
   Program provides a graduate student lounge or common area
   Students in our program have a club or other organization
   Program provides program-specific T.A. orientation sessions (beyond the University-wide orientation sessions)
   Program subsidizes students who present papers at professional conferences
   Other:
2. Advising
   
   1. Does the program have an internal procedure for changing advisors?
      No
      Yes: Students talk to the Grad Studies Coordinator, their current and desired advisor about the switch. Once permission has been granted by the faculty members involved, the GSC facilitates the process.
   2. If a student wishes to change advisors, does the Director of Graduate Studies get involved?
      No
      Yes
      
   3. If a student wishes to change advisors, does the old advisor have to consent?
      No
      Yes
      
   4. If the request to change advisor is denied, can the student appeal the decision?
      No
      Yes
      
3. If a student is funded by sponsored research projects with one faculty member, can that student be advised by a different faculty member?
   No
   Yes
   
4. What does the program's student handbook include?
   The program's expected timeline for degree progress
   Information on how progress is monitored
   How students are counseled if degree progress expectations are not met
   Grievance procedures
   Roles and Responsibilities of graduate students and faculty
   Other: The handbook also contains information on staff roles and responsibilities, resources (academic and otherwise) available to graduate students, and graduate student life.
5. Student representation in Program governance
   Students have formal representation in program governance structure
   Students participate in program governance informally
   none
   

Financial Support for Graduate Students

1. What percent of first-year students are funded primarily through:
   

   0%	sponsored research projects (e.g., research assistants)
   85%	department (e.g., TAs, departmental fellowships)
   0%	training grants
   10%	University or national fellowships
   0%	students' personal resources
   5%	other: International Fellowships (i.e., IMF, foreign governmental agencies)

2. Please describe how the typical graduate student is supported from date of entry through graduation:
   Most gradate students receive a 33% TA and a $5,000 fellowship during year one. Subsequent years typically include a 50% TA for most students. Several advanced standing students are hired as RAs at the Federal Reserve Bank each year.
3. Maximum number of years students may hold departmental support (e.g., assistantships) is:
   5 years
   Comment: unless there are unusual circumstances (or dept. has a specific teaching need)
4. Support by Type and Source, including sources outside the department, for the current year (list primary source of support). Some examples of 'Other' types are: foreign government support, private foundations, tuition-only awards.

   Type	Nr of Students	Avg $ Amt	Source of Funds
   Teaching Assistantships	13	20000	Grad School and O & M
   Fellowships	6	20000	Graduate School, department
   Other	0	0

Evaluating Degree Progress

1. What constitutes the program's annual review of each student?
   Meeting of internal faculty committee
   Meeting between student and advisor
   Meeting between advisor and the Director of Graduate Studies
   Meeting among student, advisor, and the Director of Graduate Studies
   Letter to student advising where improvement is necessary, and/or impending benchmark deadlines; and consequences if expectations are not met
   Other: There are year-by-year definitions of what it means for the student to be in good standing.
2. If a student is advised that improvement is necessary, how does the program ensure required improvements are made?
   Meeting of internal faculty committee
   Meeting between student and advisor
   Meeting between advisor and the Director of Graduate Studies
   Meeting among student, advisor, and the DGS
   Letter to student
   Other: Student meets with DGS on an informal basis and the program monitors grades and progress on preliminary exams.
3. What constitutes the preliminary written exam requirement for your program?
   Completion of specified coursework with minimum GPA
   Open-book exam on one or more topics
   Closed-book exam on one or more topics
   Other:
4. Do you allow retakes of failed preliminary written exams?
   No
   Yes
   
   1. How many times can a student retake the preliminary written exam?
      Once (i.e., two attempts total)
      Twice
      Three times
      Other: The student must take prelims in microeconomics, macroeconomics, and two field prelims. A student may attempt the exam each time it is offered until they reach a certain year in the program.
   2. Is there an established timeline by which a student must retake the failed preliminary written exam?
      No
      Yes
      
5. For doctoral students, what is the expected time from entrance until completion of the prelim written exam?
   End of first year
   End of second year
   End of third year
   Other: As described above, we do not have official "benchmarks," but have definitions of "good standing" that combine various factors.
6. For doctoral students, what is the expected time from entrance until completion of the prelim oral exam?
   End of second year
   End of third year
   End of fourth year
   Other: As stated in previous answers, we do not have official "benchmarks" but have definitions of "good standing" which combine various factors.

Employment Opportunities and Placement Assistance

1. How does the program provide information about employment opportunities in the profession?
   Program provides one or more employment seminars explaining nonacademic, industrial, governmental, and private jobs
   Program invites speakers from nonacademic settings to give seminars/lectures and interact with students
   Program sponsors a job fair or otherwise facilitates recruiting visits from industry, etc.
   Program maintains and circulates an up-to-date listing of jobs available as notified by recruiting letters to faculty or department
   Program subsidizes student travel/attendance at professional meetings to search for jobs
   Program maintains database of jobs obtained by graduates of the program
   Other:
2. How does your program handle placement assistance for graduates?
   Individual faculty members assist graduates informally
   Program has a placement coordinator or committee
   It is not the Program's responsibility to do placement
   Other:
3. Other placement practices
   Program holds practice 'job talks'
   Program maintains a placement file for graduate students / alumni for up to: 5 years
   Program publishes an 'available graduates' brochure
   Other: Program posts job market candidates on its website, along with information on their major and secondary fields. The website also provides links to the student`s C.V. The department also provides practice interviews for students on the market.

Graduating Students

1. What kind of exit interview does the program conduct?
   Formal oral interview
   Informal interview / discussion
   Questionnaire
   Other:
   None
   
2. If there is an oral interview, who is it with?
   Director of Graduate Studies
   Department head
   Advisor
   Other:
   Not applicable
   
3. Is the exit interview required to graduate?
   Yes
   No
   Not applicable
   

Placement Results

1. Of the cohort graduating three years ago (July through June), how many are employed in:
   

   Doctoral recipients	Category	Masters recipients
   0	Higher Education	0
   0	Business or Industry	0
   0	Self Employed	0
   0	Government	0
   0	Other Non-Profit	0
   0	Postdoc
   	Pursuing a Doctorate	0
   0	Unemployed	0
   14	Unknown	6

2. What percent of these placements (graduated three years ago) are in jobs directly related to their training?
   

   Doctoral recipients	Percent	Masters recipients
   	Don't offer this degree
   	0-50%
   	51-75%
   	76-90%
   	91-100%

3. Of the cohort graduating six years ago (July through June), how many are employed in:
   

   Doctoral recipients	Category	Masters recipients
   0	Higher Education	0
   0	Business or Industry	0
   0	Self Employed	0
   0	Government	0
   0	Other Non-Profit	0
   0	Postdoc
   	Pursuing a Doctorate	0
   0	Unemployed	0
   9	Unknown	7

4. What percent of these placements (graduated six years ago) are in jobs directly related to their training?
   

   Doctoral recipients	Percent	Masters recipients
   	Don't offer this degree
   	0-50%
   	51-75%
   	76-90%
   	91-100%

Graduate Program Future Plans

1. What are the program’s enrollment plans for doctoral students over the next five years?
   Keep enrollments level
   Decrease enrollment by 0%
   Increase enrollment by 0%
   Other:
   not applicable
   
2. What are the program’s enrollment plans for Master’s students over the next five years?
   Keep enrollments level
   Decrease enrollment by 0%
   Increase enrollment by 0%
   Other:
   not applicable