Stanford University

Admission and financial aid decisions are made by the Admissions Committee of the Department in February of each year for the class which will enter the following September. The Department receives more than 700 applications per year, and about 50 are admitted. The entering class size usually consists of 25 students. The Department does not defer admission; applicants must begin their studies in September of the year in which they are accepted.

Each year the department receives over 800 hundred applications for admission. The program is very competitive, enrolling only twenty-five new students each year. Students are required to take the Graduate Record Exam. The average score on each section of the GRE is 780- 800. The department is particularly interested in the Quantitative score. Students who are non-English speakers, and who have not attended a U.S. College or University, are required to take the TOEFL Exam. Working knowledge of multivariate calculus and matrix algebra required.

The University of Wisconsin, Madison

The Admissions and Aid Committee generally plans on an entering class of 30 students. To achieve this class size 120-140 students are admitted. The average GRE scores for applicants admitted to the program for fall 2002 are Verbal 600 (76%), Quantitative 790 (95%), and Analytical 760 (92%). The average GPA was 3.74.

Funding
In order to qualify for a visa, all international students must submit a Financial Statement to the Graduate School, showing that they have sufficient funds available to support themselves for the duration of the program (four years). The amount required for the academic year 2003-04, exclusive of travel to Madison but inclusive of tuition and living expenses, is $34,900 (Age 25 and under) $35,188 (Age 26 and over).

University of California - Riverside

Master's Program Students should have first-year calculus, a course in statistics, and some background in economics before beginning course work. Students who do not meet these requirements may still be admitted but normally must take these courses as prerequisites to the required courses. Applicants to the M.A. program are expected to have the same academic potential as Ph.D. applicants, as reflected by GPA and GRE scores. Admission to the M.A. program does not guarantee later admission to the Ph.D. program.