Applicants must hold a bachelor's degree or its equivalent by the time they begin graduate work.

Applicants are not required to have majored in economics but must possess a solid mathematics background. All students are expected to have a total of four quarters of differential and integral calculus plus linear algebra before entering the program. Students occasionally are admitted with an inadequate mathematical background if their record is extremely strong otherwise and they agree to take remedial math courses upon arrival. In most cases, however, students with inadequate mathematical training are advised to delay graduate school and take a year of math first.

Students taking the TOEFL must score a minimum of 600 on the paper-based exam, 250 on the computer-based exam, or 100 on the internet-based exam (TOEFL iBT). We accept MyBest Scores for the TOEFL iBT. Students taking the IELTS must have a minimum overall score of 7.0