The Johns Hopkins Master of Business Administration/Master of Science in Applied Economics responds to the needs of students who envision careers blending business and economics.



3 years (31 courses)


$1,410 per credit (MBA) | $4,499 per course (MS)

Financial Aid:

We offer numerous financial aid and scholarship options.
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Inside Look Into MBA/MS in Applied Economics

Program Features

The strong complementary nature between business and economics is harnessed by the Johns Hopkins Master of Business Administration/Master of Science in Applied Economics, which eliminates the overlap between the MS in Applied Economics and the MBA and enables students to earn both the MS degree and the MBA in fewer courses than if pursued separately

Students may complete their MBA courses at Carey’s campus in Baltimore, Washington, D.C., or online. Three online courses (Business Communications, Leadership in Organizations, and Negotiation) require a mandatory residency component at the Baltimore campus. Residences are offered several times throughout the year and range between one and half and two and a half days.

Students may complete the MS in Applied Economics portion of the degree fully online or fully on-site in Washington, D.C. Both Carey & AAP can be attended simultaneously.

Degree Requirements

Offered through the Krieger School of Arts and Sciences and the Carey Business School, the program allows you to earn two advanced degrees in less time than it takes to earn them separately. The program is specially designed to fit the schedules of working adults, following a curriculum sequence that allows you to complete both degrees in three years.

Program requirements include:

MS in Applied Economics

  • Applied Economics Elective I
  • Applied Economics Elective II
  • Applied Economics Elective III 
  • Econometrics
  • Microeconomic Theory
  • Macroeconomic Theory
  • Microeconometrics or Macroeconometrics
  • Statistics

View detailed MS in Applied Economics degree requirements here.

For more information, contact the Advanced Academic Programs Admissions office at


Courses are offered online and at the Carey Business School’s Washington, D.C. or Baltimore campuses.

Online sections of Business Communication, Leadership in Organizations, and Negotiation also require attendance at an in-person residency on the Baltimore campus.

Business Foundations (12 Courses; 24 Credits)

  • BU.210.620 Accounting and Financial Reporting
  • BU.120.601 Business Communication (For online students, this course has a residency component.)
  • BU.132.601 Business Law
  • BU.131.601 Business Leadership & Human Values
  • BU.231.620 Corporate Finance (Prerequisite: BU.210.620 Acc. & Fin. Reporting)
  • BU.520.601 Decision Models (Prerequisite: BU.510.601 Statistical Analysis)
  • BU.350.620 Information Systems
  • BU.232.701 Investments (Prerequisite: BU.231.620 Corporate Finance)
  • BU.142.620 Leadership in Organizations (For online students, this course has a residency component.)
  • BU.410.620 Marketing Management
  • BU.121.610 Negotiation (For online students, this course has a residency component.)
  • BU.680.620 Operation Management (Prerequisite: BU.520.601 Decision Models)

MBA Electives or Concentrations (9 Courses; 18 credits)

Students may complete 18 elective credits or 12 MBA concentration credits and 6 elective credits. Students planning to complete an MBA concentration should notify their MBA academic advisor.

  • Entrepreneurship
  • Financial Businesses*
  • Health Care Management*
  • Management / Leading Orgs*
  • Marketing
  • Real Estate and Infrastructure

*The only concentrations currently offered online are: Health Care Management, Leading Orgs, and Financial Businesses.

Tuition & Fees

MBA Tuition

For Academic Year 2019-2020

Applicants to the program should refer to the Carey Business School Tuition and Fees chart for current MBA tuition amounts.

MS in Applied Economics Tuition

Tuition and fee information for the Krieger School of Arts & Sciences is available here.

We offer a variety of financial aid programs, including scholarships, loans, and work study opportunities. For more information about financial aid for this program, please click here.

How to Apply

Applications for the MBA/MS in Applied Economics dual-degree program must submitted to the Krieger School of Arts and Sciences Advanced Academic Programs. The admissions committees of both schools will review each application.

To apply, visit the Advanced Academic Programs admissions page.

For more information, call 202-452-1940 or email

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