McMaster’s economics graduates work in all parts of Canada and around the world.
Recent graduates have taken positions in many areas of business, especially financial services. Among the public sector positions filled by McMaster economics graduates are those with the Bank of Canada, Finance Canada, and numerous other branches of federal and provincial governments.
Many McMaster Economics undergraduate students have gone on to pursue graduate studies at many prestigious institutions in Canada, the United States and other countries.
Over the years we have sent students to just about every recognized University in North America, including the top economic schools in the world such as Harvard, MIT, Princeton, LSE and others. McMaster Economics graduates pursue many different types of graduate study including the M.A. in Economics, law school, and Master's degrees in Economic Policy, Business Economics, Business Administration, Public Administration, Health Administration, and Urban Planning.
The B.A. Honours degree is required for some of these options and an advantage in all of them.
Post-graduate work in some graduate fields is possible with a B.A. degree but an Honours degree is increasingly presumed. A B.A. degree can also be very effectively combined with many one-year post-degree co-op programs (such as journalism, human resource management, and logistics, to name just three) at community colleges.
Create a job-search strategy
The Department of Economics in conjunction with the Economics Society, the Faculty of Social Sciences and the Office of Experiential Education offers a schedule of programs and informative workshops, and provides individualized assistance to help you prepare your resume, practice interviews, develop your career network, and create a job-search strategy.
A crucial strength of our programs is the quality of our faculty and of our research facilities.
The department currently consists of 28 full-time faculty members, a number of associate and adjunct professors, and several active emeriti professors. Faculty in the department have a strong research focus and have won numerous awards and honours based on the quality and impact of their research. This is complemented by the teaching excellence of department faculty, which has been recognized through teaching awards for both high-quality class room teaching and excellence in thesis supervision.
The department’s research strength has historically been empirical, applied economics in the areas of labour, health and public economics.
While the department continues to excel in these areas, recent investments in the areas of international macro, international trade and international finance make these new areas of strength.
Department faculty either lead or participate in a number of research centres at McMaster, including the Public Economics Data Laboratory (PEDAL), the McMaster Experimental Economics Laboratory (McEEL), the Centre for Health Economics and Policy Analysis (CHEPA), the Quantitative Program in Economics and Population (QSEP), the Statistics Canada Research Data Centre (RDC), and others.
The graduate programs at McMaster are of a modest size, designed to provide a personalized approach to training with many opportunities for interaction with faculty in the Department.
In a typical year there are 12-15 students enrolled in each of our Masters programs, 25 students are currently enrolled in the doctoral program, and about 5-8 students are admitted annually. McMaster also offers a co-op option in all three of its graduate Economics Programs.
Students graduating from our programs do well on the job market.
Our Masters students typically obtain positions in the public sector at both the federal and provincial levels in a diverse set of economic and policy areas such as finance, health, education, social policy, and the environment, or in the private sector in financial institutions (e.g. CIBC, RBC), large employers with research divisions (e.g., Target), and research organizations (e.g., Dymaxium, I3 Canada). Our PhD students typically obtain faculty positions in other Canadian Universities (e.g., Carleton, University of Waterloo, University of Saskatchewan, University of Alberta), or research positions within government (e.g., Statistics Canada, Bank of Canada).