The MPA-EPM program has a separate admissions committee that reviews applications and selects students for admission.
Students in the one-year MPA-EPM program gain the skills they need to become highly accomplished policymakers and professionals in market economies. The course of study applies the theoretical rigor of the social sciences to the practical lessons of economics and management science through the intensive study of actual economic policy successes and failures.
The MPA-EPM is best suited for mid-career professionals and policymakers with at least 3 years of work experience in economic decision-making at institutions such as central banks, finance ministries, national and international development agencies, and international financial institutions. Professionals from financial, consulting and energy backgrounds are also encouraged to apply.
Students graduating with an MPA-EPM degree acquire skills to advance their career and work in leadership, management, and research positons in the public, private, and nonprofit sectors. Recent employers include the World Bank, Bank of England, People’s Bank of China, Inter-American Development Bank, and Deloitte Financial Advisory Services, to name a few.
The core of the MPA-EPM program comprises two three-semester course sequences in macroeconomic policy management and econometrics. The program starts in May and finishes the following May. This core is supplemented by courses in management skills and political economy. Each course is built around real-world examples and case studies. Students may choose additional elective courses offered at SIPA and other graduate schools at Columbia.
MPA-EPM students must choose one of three curricular focuses:
- The traditional Economic Policy Management focus (EPM) builds students' technical competence with the tools of economic management and policymaking
- The Global Energy Management and Policy focus (GEMP) teaches the fundamentals of the energy industry, including international energy systems and business organizations involved in the production, transportation, and marketing of energy products
- The Central Banking and Financial Markets focus (CBFM) teaches the latest techniques in capital market development and macroprudential policy
In addition to SIPA’s general admission requirements, the MPA-EPM program requires the following:
- Meaningful professional exposure to economic policymaking, preferably in a public agency or nongovernmental organization
- At least three years of work experience
- An undergraduate degree with a record of superior academic accomplishment, and preferably with strong economics content
The MPA-EPM is best for mid-career professionals who are interested in emerging markets and focused economic policy issues, while the two-year MPA is better for younger candidates who want to explore broader issues.
MPA-EPM students who have previously completed a graduate degree in economics or a related discipline may apply to transfer up to 12 credits from their previous graduate degree toward the MPA-EPM degree. Students who wish to apply for such transfer should contact the MPA-EPM Office prior to March 15 at firstname.lastname@example.org.
Up to 12 students from emerging markets will receive the JJ/WBGSP scholarship, which funds the entire program and a living stipend. The MPA-EPM admissions team screens the applications and nominates about 30 candidates for consideration by the JJ/WBGSP Steering Committee. From this group of nominees, the World Bank Steering Committee selects up to 12 candidates for financial support under JJ/WBGSP. Applicants who are interested in being reviewed for the JJ/WBGSP must submit their MPA-EPM application by January 5.
Students confirm a focus at the end of Summer Session II. The MPA-EPM curricular focuses are: the traditional Economic Policy Management Track (EPM), the Global Energy Management and Policy Track (GEMP), and the Central Banking and Financial Markets Track (CBFM).
The EPM focus builds students’ technical competence with the tools of economic management and policymaking and their application, and also educates students about current thinking on the global economic environment, as well as its history and institutions. The GEMP focus teaches the fundamentals of the energy industry, including study of international energy systems and business organizations involved in the production, transportation, and marketing of energy products. The CBFM focus teaches an in-depth understanding of corporate finance, capital markets, banking and regulation, covering both emerging and advanced economies while also examining the process of building sound capital markets in emerging economies.
No, the one-year MPA-EPM is a full-time program at SIPA. Students take six courses in the summer, six courses in the fall, and six courses in the spring.
Prospective students are welcome to sit in on a MPA-EPM core class. If you are traveling to New York City, please email email@example.com to schedule a class visit. MPA-EPM encourages prospective students to schedule their visit between July 5 and August 5 for the summer term, September 30 and November 30 for the fall term, and between February 1 and April 1 for the spring term.
All MPA-EPM students take six courses in each of the program’s three semesters. Courses in the three focus areas are identical in the first semester but then diverge in the second and third semesters.
Visit the SIPA Bulletin for detailed information regarding each focus area.
To discuss the possibility of waiving any core requirements, contact the MPA-EPM program office.
More information about the application deadlines and checklist can be found on How to Apply to SIPA. Detailed instructions on the application requirements may be found once you start an account in the online Application Portal or by browsing the Admissions Blog.