Students admitted to graduate studies in the department are expected to have a strong background in undergraduate level economics and some training in mathematics and statistics. Sufficient (though not necessarily a pre-condition) background would consist of an undergraduate degree in Economics, a year-long calculus sequence that includes multivariate analysis, a course in linear algebra, and a course in probability and statistics. The curriculum aims to prepare the students toward a Ph.D. degree. However, elective courses and a thesis study in the 2nd year gives the students the opportunity to over take practical training, preparing them for jobs in the government or private sector.

At least 6.5 IELTS score (5.5 from each section) is required. Tuition fees are payable in two installments, before the registration dates of the fall and spring semesters. All fees are subject to adjustment each year according to changes in the cost of living.