MS in AI and Quantitative Economics (STEM)

Build the skills behind data-driven decisions

The MS in AI and Quantitative Economics program is STEM-designated and helps you develop advanced skills at the intersection of economics and artificial intelligence. Through economic theory, quantitative analysis, machine learning and applied coursework, you’ll learn to turn complex data into insights for business and policy.

Develop the skills to analyze economic trends, forecast outcomes and use artificial intelligence to make informed decisions in business, finance and public policy.

Why study AI and quantitative economics at UB?

As businesses, governments and organizations increasingly rely on data and artificial intelligence, they need professionals who can combine economic reasoning with advanced analytical approaches to solve complex problems.

At UB, you'll learn from interdisciplinary expertise across Economics and AI and Society. This combination brings together an understanding of economic systems with emerging technologies that help organizations interpret information and make informed decisions.

As a graduate student, you'll benefit from:

  • Interdisciplinary expertise: Learn from faculty whose work connects economic theory, quantitative analysis and artificial intelligence.
  • Economic perspective: Understand how economic principles can guide the responsible use of AI in business and policy decisions.
  • Responsible AI education: Examine the social, ethical and policy implications of AI and consider how these technologies affect markets, organizations and society.
  • Real-world applications: Connect your studies to challenges involving economic forecasting, business strategy, financial markets and public policy.
  • A major research university: Benefit from UB's broader AI research community and connections across disciplines.
UB: A leader in AI

At UB, you will be part of a growing AI community that connects research, technology and real-world impact. With more than 400 researchers working in AI and related fields, UB is helping shape the future of artificial intelligence through initiatives like Empire AI and a National Science Foundation-funded National AI Institute. You'll benefit from interdisciplinary expertise and a university-wide commitment to using AI responsibly to address important challenges.

Explore AI at UB

Program highlights

Degree type: Master of Science (MS)
Field: AI and Quantitative Economics
Program length: Designed for completion in one year
Designation: STEM-designated

What makes this MS stand out?

The MS in AI and Quantitative Economics brings together two complementary fields: economic theory, which helps explain how markets and organizations make decisions, and artificial intelligence, which provides new ways to analyze complex information.

You'll explore how economic models and AI methods can work together to uncover patterns, forecast outcomes and evaluate decisions. This interdisciplinary perspective helps you look beyond the data to understand the economic forces and human choices behind it.

International student benefits

This STEM-designated program may allow eligible F-1 international students to apply for a 24-month extension of Optional Practical Training (OPT), providing additional opportunities to gain practical experience in the United States.

Learn about the STEM OPT extension

What will you learn?

Through coursework and applied learning, you'll develop advanced skills at the intersection of economics, artificial intelligence and quantitative analysis.

Skills and outcomes

This program builds the analytical and computational skills needed to understand economic systems and apply AI to complex decisions.

You will learn to:

  • Apply economic theories and models to real-world challenges.
  • Analyze economic data using statistical and quantitative methods.
  • Use machine learning and AI to investigate economic problems.
  • Develop forecasts and evaluate economic trends and outcomes.
  • Assess the social, ethical and policy implications of AI technologies.

You'll graduate ready to connect economic reasoning with advanced analytics and support data-driven decisions in business and policy.

Learning through experience

Put your skills into practice through applied research and projects that connect economic theory with real-world challenges.

Opportunities include:

  • Analyzing economic datasets to identify market trends and patterns.
  • Applying statistical models to investigate economic relationships.
  • Using machine learning to explore economic forecasting methods.
  • Evaluating AI applications in business, finance and public policy.
  • Completing an interdisciplinary capstone project that combines AI and economic analysis.

These experiences help you strengthen your analytical skills and apply economic knowledge to professional and research challenges.

An interdisciplinary approach to AI

This program is offered through the Department of AI and Society and the Department of Economics, bringing together expertise from the College of Arts and Sciences and the School of Engineering and Applied Sciences. This collaboration connects technical innovation with real-world perspectives to prepare students for an AI-driven future.

Explore your areas of study

The 30-credit curriculum combines graduate-level economics, artificial intelligence and quantitative methods with electives that let you explore your interests. You'll study how economic systems function, examine advanced methods for analyzing data and bring these areas together through a culminating experience.

Explore the foundations of microeconomics and macroeconomics and how economic models explain the decisions of individuals, businesses and governments.

Study the quantitative methods used to investigate economic relationships, evaluate trends and forecast outcomes.

Topics include econometrics, statistical modeling, time series analysis and economic forecasting.

Study the mathematical and computational foundations of artificial intelligence and the methods used to analyze economic information.

Explore machine learning, big data analysis and computational approaches to understanding economic systems. You'll also examine the social, ethical and policy considerations involved in applying AI technologies.

Explore advanced economic topics that connect quantitative analysis and AI to your academic and career interests.

Elective areas may include:

  • Health economics
  • Labor economics
  • Advanced econometrics
  • Specialized topics in economic analysis

Bring together your knowledge of economics, artificial intelligence and quantitative methods through a culminating capstone experience.

You'll apply the theories, analytical techniques and technologies you've studied to investigate a real-world economic, business or policy challenge.

The capstone allows you to integrate concepts from across the program and demonstrate your ability to approach complex problems through both economic and computational perspectives.

Where graduates go

Organizations across industries are using artificial intelligence and economic data to forecast trends, evaluate policies and make strategic decisions. The MS in AI and Quantitative Economics prepares you for opportunities in professional and research settings where economic insight and advanced analytics are increasingly valuable.

Your skills can prepare you for work in areas such as:

  • Economic research and analysis
  • Business analytics and strategic consulting
  • Financial analysis and forecasting
  • Government and public policy analysis
  • Data science and predictive modeling
  • Market research and economic forecasting
  • Technology and AI-driven business solutions
  • Academic and applied research

Graduates can pursue opportunities in consulting firms, financial institutions, government agencies, technology companies and research organizations. The program also provides a foundation for further graduate study.

Take the next step

Ready to combine economic thinking with artificial intelligence? Build the skills to understand complex economic challenges, uncover insights in data and help shape smarter decisions for the future.

Contact us

For more information, please reach out to us!