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The Global Political Economy and Finance program at The New School offers a comprehensive exploration of the interconnectedness between global economic systems and political frameworks. Designed to equip students with critical analytical skills, this...
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Duration
24 Months
Degree Level
Masters
Field of Study
Social Sciences
Intl. Fee
$28,000
Intake
Fall, Spring
Deadline
Fall: June 15, Spring: November 15
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The Global Political Economy and Finance program at The New School offers a comprehensive exploration of the interconnectedness between global economic systems and political frameworks. Designed to equip students with critical analytical skills, this course delves into international financial markets, trade policies, and economic governance. It emphasizes the impact of globalization on national economies and the role of institutions such as the IMF and World Bank. Through a multidisciplinary approach, students engage with contemporary issues like economic inequality, development, and financial crises. The curriculum combines theoretical foundations with practical applications, preparing graduates to navigate and influence complex global economic environments. Situated within the vibrant academic setting of The New School, students benefit from expert faculty and access to global networks, positioning them as informed professionals ready to contribute to policy-making, research, and international finance sectors.
This program is ideal for graduates and professionals interested in understanding the nexus of economics, politics, and finance on a global scale. Individuals aiming for careers in international organizations, financial institutions, policy analysis, or academia will find the curriculum particularly beneficial. Applicants with a passion for analyzing global economic trends, regulatory environments, and political influences on markets are encouraged to apply. It also suits those seeking to enhance their skills for leadership roles in government agencies, NGOs, or multinational corporations.
Graduates can expect diverse career paths including roles in international financial institutions, governmental economic departments, global consulting firms, and research organizations. The program equips students with the analytical tools to engage in economic policy formulation, risk analysis, and financial strategy development. Alumni often pursue positions such as economic advisors, financial analysts, trade specialists, and policy consultants, contributing to shaping economic policies and business strategies in a global context. The interdisciplinary training enhances employability across sectors that require expertise in global political economy and finance.
Applicants must hold a bachelor's degree from a recognized university, preferably in social sciences, economics, political science, or related fields. A strong academic record, including transcripts and letters of recommendation, is essential. Candidates should submit a statement of purpose outlining their interest and goals related to global political economy and finance. Work experience in economics, finance, or international relations is advantageous but not mandatory. Additionally, applicants must demonstrate proficiency in English through standardized tests or equivalent qualifications. The admissions committee reviews applications holistically, considering academic credentials, motivation, and potential for success in a rigorous interdisciplinary program.
Indian applicants must submit their undergraduate degree certificate and transcripts with certified English translations if necessary. They should provide a valid English language test score such as IELTS or TOEFL, meeting the minimum requirements. A statement of purpose, two academic or professional recommendation letters, and a current resume are mandatory. Additionally, Indian students may be required to present proof of financial capacity to support their studies and living expenses. Early application is recommended due to visa processing times. Meeting all documentation and deadlines ensures smooth admission and visa procedures.
Applicants whose native language is not English must provide proof of English proficiency. Accepted tests include IELTS with a minimum score of 7.0, TOEFL iBT with at least 100 points, or equivalent qualifications. These scores demonstrate the ability to engage with rigorous academic content and participate fully in discussions and research activities. Candidates with prior education in English may be exempted upon review.
Indian students should be mindful of visa application timelines and ensure all documentation, including financial proofs, are complete and accurate. Health insurance compliant with U.S. standards is mandatory. Cultural adjustment support and orientation programs are offered by The New School to ease the transition. It is advisable to stay updated on travel advisories and university communications regarding COVID-19 protocols or other health-related requirements. Additionally, securing accommodation early and budgeting for living expenses in New York City is crucial. Maintaining academic performance and visa status is essential for continued enrollment and post-study benefits.
International Tuition Fee
$28,000
Home/Local Tuition Fee
$22,000
* Fees are subject to change. Please verify with our counselors or the university website.
Approximate tuition fees for Indian students are INR 21,00,000 per year, based on current exchange rates. Additional expenses for living, travel, and personal costs should be considered when planning finances for study abroad.
The tuition fee for international students is set at $28,000 per academic year, while local students benefit from a discounted rate of $22,000. Fees cover tuition, access to university resources, and academic support services. Additional costs such as accommodation, living expenses, health insurance, and study materials are not included and should be budgeted separately. Payment plans and financial aid options are available to assist eligible students.
The New School offers merit-based scholarships and need-based financial aid for outstanding international students. Scholarships include partial tuition waivers and research grants. Applicants are encouraged to apply early and submit all supporting documents to be considered for funding opportunities. Additional external scholarships and assistantship positions may be available through affiliated institutions and global organizations. Financial support aims to foster diversity and academic excellence within the program.
International students admitted to the program must obtain a student visa prior to arrival in the United States. The New School provides necessary documentation, including the Form I-20, after confirming enrollment and tuition payment. Visa applicants should prepare for an interview at the nearest U.S. embassy or consulate and demonstrate sufficient financial resources and intent to return post-study. It is advisable to begin the visa application process early to accommodate processing times and potential delays.
The student visa (F-1) allows admitted international students to enter the U.S. for full-time academic study. Upon acceptance, The New School issues the Form I-20, necessary for visa application. Students must demonstrate financial ability to cover tuition and living costs and maintain enrollment status throughout their education. The visa permits limited on-campus employment and may allow for practical training opportunities related to the field of study. Compliance with visa regulations is mandatory to maintain legal status.
Graduates from The New School’s Global Political Economy and Finance program may be eligible for Optional Practical Training (OPT), allowing them to work in the U.S. for up to 12 months post-graduation. OPT provides valuable professional experience in relevant sectors such as finance, policy analysis, and international development. Certain STEM-designated programs may offer extended OPT periods. Employment during OPT can enhance career prospects and provide pathways to longer-term work visas. The university’s career services assist students in navigating job placements and internship opportunities.
"Prospective students from China and India seeking to deepen their understanding of global economic and political systems will find The New School’s program highly valuable. It offers a robust curriculum aligned with current global challenges and professional demands. We recommend early application to secure scholarships and allow sufficient time for visa processing. Engaging with faculty and alumni networks can provide significant advantages in career planning. Additionally, students should prepare financially and academically to maximize their learning experience. The program’s international recognition and strategic location in New York City present unique opportunities for internships and employment in leading organizations."
The Master's program typically spans two academic years of full-time study.
Yes, students have opportunities to engage in internships with partner organizations.
International students on an F-1 visa can work on-campus up to 20 hours per week during semesters.
Merit-based and need-based scholarships are offered; applicants should apply early.
Yes, graduates may apply for Optional Practical Training (OPT) allowing up to 12 months of work.
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