Tehran Institute for Advanced Studies (TeIAS)

/ Economics and Finance

Special MS Program in Economics

Economics has advanced the world’s understanding of society by extending economic analysis to new spheres of social life, spearheading the study of ideas ranging from economic growth to human capital. During this 5-semester Master program we first acquaint talented students with the core of economic analysis, which is consisted of microeconomic theory, econometrics and empirical analysis, and macroeconomics. Then students are guided to start their own research under supervision of our research faculty. In the meantime, students are required to do RA for our faculty.

The Economics Program at TeIAS Offers:

Leading Faculty Members

The program benefits from full-time faculty members who are leading researchers in the areas of microeconomic theory, labor, development, education, macroeconomics, theoretical and empirical finance, banking etc..

Waived Tuition Fees and Monthly Stipend

In addition to having tuition fees waived, students will receive a monthly financial support to be able to pursue research without the need to resort to extra activities outside university. Extra research assistant positions are also available.

Travel Support

Full financial support will be provided for students to present their research outputs in reputable international conferences.

Cutting Edge Research

Students will be supervised by our faculty researchers who are active in various areas, opening room for a wide range of attractive research problems.

Computing Resources

Current research in economics is involved with working with big data and time consuming simulations and estimations. Our unique GPU servers provide the necessary means for carrying out such large-scale data processing and deep learning experiments.

Career Opportunity

There is a growing demand for Economists and researchers. Upon graduation, students will have the opportunity to pursue a career in academia or industry.

Full-Time Faculty Members

Dr. Mahdi Heidari

PhD from Columbia University

Dr. Mohammad Morovati

PhD from University of Texas at Austin

Dr. Behrang Kamali

PhD from University of Pennsylvania

Dr. Farshad Hagh-Panah

PhD from University of California at Berkeley

Dr. Layla Shiva

PhD from Texas A&M University

Dr. Hosein Joshaghani

PhD from University of Chicago

Dr. Pejman Abedifar

PhD from LAPE, Université

Dr. Sepehr Ekbatani

PhD from University of California, Los Angeles


Dr. Marjan Sirjani

PhD from: Malarden University

Dr. Mohammad Mousavi

PhD from: University of Leicester




  • Mathematics
  • Programming
  • Econometrics I
  • Microeconomics I
  • Mathematics for Economists
  • Microeconomics |
  • Econometrics II
  • Macroeconomics I
  • Microeconomics II
  • Financial Economics



  • Applied Econometrics
  • Macroeconomics II
  • Industrial Organization
  • Islamic Economics
  • Iran’s Economy
  • Energy Economics
  • Behavioral Economics
  • Financial Economics II
  • Development Economics
  • Public Economics
  • Money and Banking
  • Real Analysis
  • Stochastic Calculus for Economics and Finance


Admission to the program is highly selective; there are many more qualified applicants than there are places in the program. One of the following qualifications is necessary for your application to be processed:

  • National entrance exam (Konkoor) Rank: 1-99
  • Olympiad Rank: 1-15
  • Exceptional Talents (Straight)

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