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College of Professional Studies

Commerce and Economic Development

Master's

The Master of Science in Commerce and Economic Development, a STEM-designated program, integrates economics, leadership, technology, and public policy to prepare students for a career in the private or public sector.

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Program Format
Online
Time Commitment
Part time, Full time
Duration
12 - 18 Months
Entry Term(s)
Fall, Spring, Winter
Meets F1 visa requirements
No

Program overview

An integrated approach to economics

Globalization has created a borderless economy with a host of new opportunities and challenges for those engaged in commerce and economic development. While global markets offer exciting growth prospects, navigating the world stage requires in-depth knowledge of the financial, regulatory, and economic environments and institutions that affect the global economy and international trade. To meet the need for both insight and skills development, Northeastern University’s College of Professional Studies—in collaboration with Northeastern University’s College of Social Sciences and Humanities—offers the Master of Science in Commerce and Economic Development, which integrates an applied economics study of information, institutions, and innovation to develop and hone analytical skills.

 


Please note: Beginning fall 2026, this program will shift from a quarter-based academic calendar to a semester format. View the program conversion guide for curriculum details or visit our FAQ page for more information.

If you enter this program before fall 2026, your academic advisor will work with you to ensure a smooth transition. This change will not impact your academic progress, path to graduation, or tuition costs.

  • The program is designed for midcareer professionals.
  • Graduates are positioned for jobs in government, international organizations, nonprofit organizations, universities, or the private sector.
  • Northeastern’s Boston location is a hub for healthcare, education, finance, business, biotechnology, and the life sciences.
  • This MS requires a capstone project.
  • The financial economics concentration prepares students for the CFA Institute Level I exam.

Several major trends-policy convergence, e-commerce expansion, and continued international development-are driving the job growth in the fields of international trade and economic development, and career prospects are expected to remain strong. Jobs in economic analysis and international trade are typically well-paying, with individuals holding advanced degrees expected to enjoy the best opportunities.

Admissions

Apply to the program

A graduate degree or certificate from Northeastern can accelerate your career through rigorous academic coursework and real-world professional experience in your area of interest. Apply to take your career to the next level.

Our admissions process operates on a rolling basis; however, we do recommend the application guidelines below to ensure you can begin during your desired start term:

Domestic Application Guidelines

International Application Guidelines*

*International deadlines are only applicable if the program is F1 compliant.


  • Online application

  • Professional resumé

  • Unofficial undergraduate transcripts; official transcripts required at the time of admission

    • The Foreign Credential Evaluation (FCE) is a required assessment of all transcripts and documents from non-U.S. accredited post-secondary education institutions. (Review the FCE requirements by country.)

  • English language proficiency proof. Students for whom English is not their primary language must submit one of the following:

    • Official associate or bachelor's degree transcript from an accredited college or university in the U.S., stating degree conferral and date

    • TOEFL, IELTS, PTE, Duolingo, or NU Global Exam scores

  • Other materials may be required

Program objectives

Prepare for success

Develop your skills in practical and theoretical economic concepts.

Gain quantitative skills

Apply quantitative skills in the areas of economics, economic theory, policy analysis, data collection, estimation, and results interpretation.

Understand pricing and employment

Learn to set prices and output levels and use conceptual and mathematical tools to examine fluctuations in employment, prices, and economic growth.

Apply economic theory

Apply theories of economic growth, technology, industrialization, factor proportions and prices, trade, population, and income distribution and evaluate labor markets and the role of human capital.

Examine art and culture

Assess how art, culture, environmental resources, and entertainment impact commerce and economic development.

Watch and learn

Market outlook
Industry at a glance
Here's a look at current market trends and the career landscape.

Occupations

Cost of attendance

Tuition and financial aid

  • $54,315
    Tuition in USD

Estimated Total Tuition

This is an estimate based on the tuition rates for Academic Year 2025-2026 and does not include any fees or other expenses. Some courses and labs have tuition rates that may increase or decrease total tuition. Tuition and fees are subject to revision by the president and Board of Trustees at any time. Select programs at select campuses offer additional scholarships of up to 25% off the listed price for domestic students studying on campus. For more detailed information, please visit Student Financial Services.

For students interested in pursuing financial assistance or educational loans, additional educational costs, known as Cost of Attendance (COA) components, can be included in the calculation of aid and loan eligibility. Components may include food, housing, books, course materials, supplies, equipment, transportation, personal expenses, and the cost of obtaining a first professional licensure. You can find comprehensive details on the Student Financial Services website. Please keep in mind that COA can vary significantly depending on academic program, enrollment intensity, and individual circumstances.

There are many ways to pay for your education, including scholarships, financial aid, and more. Connect with a financial counselor to learn about your options and make your dream a reality.

Visit tuition & financial aid
Online Programs

Your education, your way

A person with curly hair in a white zip-up jacket sits at a modern kitchen table, focused on their laptop. They hold a mug and appear engaged, with natural light filtering through a window behind them.

Northeastern's online classes give you the same top-tier education you'd get in person, on a schedule that works for your lifestyle and career needs. They offer a range of videos, interactives, breakout sessions, and experience-focused learning opportunities to immerse you in the material and build community. You'll graduate with the same degree as your in-person peers.

#8

Northeastern's national ranking for Most Innovative Schools

(U.S. News & World Report, 2024)

53.5%

Percent of graduate students in the U.S. enrolled in online courses

(NCES, 2022)

97%

Percent of students in the U.S. who recommend online education

(BestColleges, 2024)

Connect with us

Want more information?

We’re here to answer your questions about this program, the application process, and more. Complete the form below to receive additional program details and speak with a member of our enrollment team. 

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