Mineral Economics Graduate Info

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Graduate Degree Programs in Mineral and Energy Economics

Graduate Program Information
   Mineral and Energy Economics
   Program Website (MS)   (PhD)
   Academic Calendar

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   Graduate Application
   Graduate Admissions
   Graduate Tuition and Fees
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   Graduate Bulletin
Degrees Offered
  Mineral and Energy Economics M.S., Ph.D.
Enrollment Details
Participating Staff
   Academic Faculty  10
Admissions Information
   GRE General Test is required
   GRE Subject Test is not required
   GMAT will be accepted in lieu of GRE
   TOEFL exam is required (international)
Admissions Statistics
   Average GRE Quantitative  155
   Average GRE Verbal  153
   Average GPA (4.0 scale)  3.57
   Percent applicants accepted  58%

The Division of Economics & Business Mineral and Energy Economics graduate program focuses on (1) the economic and business challenges of developing and managing energy and mineral resources (2) the environmental and public policy issues associated with energy and mineral resources and (3) the finance, management science and decision-making technologies that apply to a broad set of industry environments.

Fellowships and teaching assistantships are available through the Division of Economics & Business. If you would like to be considered for funding, the division suggests you apply before March 1 for fall admission and before October 1 for spring admission. If you are not requesting assistance, applications are reviewed up to the start of each semester. You are encouraged to apply by the deadline.

Please take note of the following prerequisite courses required prior to beginning the program:

  • Principles of Microeconomics
  • Calculus I
  • Probability and Statistics

Degree Program

  • Master of Science in Mineral and Energy Economics
  • Doctor of Philosophy in Mineral and Energy Economics


The M.S. and Ph.D. in Mineral and Energy Economics include study in one of two areas of specialization:

  • Economics and Public Policy (E&PP)
  • Quantitative Business Methods / Operations Research (QBM/OR)

Economics and Public Policy (E&PP)

The E&PP specialization focuses on the optimal use of scarce energy and mineral resources with a global perspective. It provides institutional knowledge coupled with economic, mathematical and statistical tools to analyze and understand how the world of energy and minerals works to guide and shape industry change. You explore the public and private aspects of business-government policy problems such as taxation, the environment, privatization, regulation/deregulation, the macro-economy, international trade and development.

Intended for those aiming at careers that require a strong quantitative background, critical thinking skills, high ethical standards and sensitivity to other cultures, E&PP provides you with the necessary background to analyze and implement complex economic policies. Students pursue careers with national, regional and international governments; non-profit organizations; the media; consulting, research, planning, financial and forecasting firms; and international corporations.

Quantitative Business Methods / Operations Research (QBM/OR)

The QBM/OR specialization has been carefully crafted to provide you with an increased competence in the key functional areas of business. Our courses are designed to meet the challenges of optimization and value creation in a competitive global environment. You also benefit from studying leading-edge business concepts and industry best practices. The QBM/OR specialization has a particular emphasis on the importance of technology and its management through our unique and real-world approach to operations research.

The program's emphasis on quantitative business methods leads to a natural focus on finance, investment and project analysis, decision and risk analysis, the engineering-manufacturing-technology interface, concepts of financial engineering, management science and operations research. You are engaged in strategic thinking, leadership development and decision making, while sharpening analytical techniques and gaining a better understanding of business functional areas and their relationships. Graduates in QBM/OR are uniquely qualified in terms of their analytical skills, financial insights and modeling expertise.

Western Regional Graduate Program

The Mineral and Energy Economics program at Mines is a member of the Western Regional Graduate Program (WRGP). This program allows residents of Alaska, Arizona, California, Colorado, Hawaii, Idaho, Montana, Nevada, New Mexico, North Dakota, Oregon, South Dakota, Utah, Washington and Wyoming to enroll in the Mineral and Energy Economics program at resident tuition rates. Applicants do not have to meet specific financial criteria, but they must meet all admissions requirements and deadlines set by Mines. All students who indicate residency of one of these states on the admission application will automatically be included in this program.


Kathleen Martin
Program Assistant
Division of Economics and Business
Colorado School of Mines
Golden, Colorado 80401
Phone: 303-273-3482
FAX: 303-273-3416

Colorado School of Mines
            engineering the way

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