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Applications for fall 2024 admission are now open. Applicants wishing to be considered for early acceptance must submit their applications by February 1st. Regular Decision applications are due April 30th. Admissions decisions will remit within three weeks of each deadline.

The Master of Energy Economics is a full-time, one-year, graduate-level terminal degree. Online courses are not offered.

For more information, please contact Ms. Abbey Godley (

Recommended Background

The ideal candidate would come from, or seek, a business development and/or strategic planning position within the energy sector. Applicants are highly encouraged to have at least one year, full-time work experience prior to enrolling in the program. Candidates should also possess a predisposition for using economic models and quantitative methods to help form well-reasoned insights into energy sector developments. Demonstration of reasonable performance in college-level mathematics courses that include calculus, and preferably multivariable calculus, is ideal. Candidates need not have previously studied economics at the university level.

Application Requirements

  • Application fee: $85
  • Professional resume
  • Statement of Purpose
  • Three letters of recommendation
  • Official transcripts from all colleges and universities attended.
    • Proof of completion (or expected completion) of a post-secondary degree from an institution where the official language of instruction is in English.
  • Approved TOEFL scores for applicants whose native language is not English and who did not receive a degree from a country in which English is the official language of communication (Rice University code 6609)
    • At least a 90 on the iBT TOEFL or iBT Home Edition.
    • At least 7 on the IELTS.
    • At least 115 on the Duolingo test of English proficiency.
  • GRE or GMAT scores are recommended, but not required. (Rice University GRE code 6609; Rice University GMAT code 3WS-MT-34)