Renmin University of China
Master of Chinese Economy

The goal of the Master of Chinese Economy (MACE) program is to provide overseas students with two years of analytical training focused on economic development in China, to provide students with a platform to develop the critical thinking skills and knowledge necessary to become exports at analyzing China’s economy and policies. After graduation, graduate will be able to work in China in various areas such as multinational corporations, financial institutions, government agencies, or academic organizations.

All courses offered in this program are taught in English by qualified faculty approved by the graduate college at RUC. Faculty members have a diverse background and most of them have been trained at some of the most prestigious academic institutions in the world and have impressive lists of publications and academic achievements.
Each student in the program conducts research in his/her area of particular interest under the guidance of a RUC faculty member.

MACE Program
A total of 30 graduate credit hours are required to complete the program, including a thesis. The program is comprised of 20 hours of required courses, 8 hours of elective courses, and 2 hours of field trip studies. The requirements are as follows:

Required Basic Courses

• Contemporary Chinese Politics (3 c)
• Language Studies (2 c)
• Required Core Courses
• Mathematical Economics (3 c)
• Statistics and Econometrics (3 c)
• Applied Microeconomics (3 c)
• Applied International Macroeconomics (3 c)
• Contemporary Chinese Economy (3 c)

Elective Courses

• Theories of International Trade and their Applications to the Chinese Economy (2 c)
• Theories of Economic Development and their Applications to the Chinese Economy (2 c)
• Regional Economics and its Application to the Chinese Economy (2 c)
• Resource and Environmental Economics and its Applications to the Chinese Economy (2 c)
• Healthcare Economics and Chinese Healthcare Sector (2 c)
• Industrial Organization Theory and its Applications to the Chinese Economy (2 c)

Course Requirements

• Public  Finance and the Chinese Economy (2 c)
• Risk Management of Chinese Financial Institutions (2 c)
• Labor Economics and its Applications to the Chinese Economy (2 c)
• Law and Economics and its Applications to the Chinese Economy (2 c)
• Agricultural Economics and its Applications to the Chinese Economy (2 c)
• International Finance (2 c)
• Corporate Finance (2 c)

Master’s Thesis
Students are required to complete a thesis as one of the exit requirements. Each thesis will be supervised and approved by a committee of three members of the graduate faculty. The student’s responsibility for fulfilling this degree requirement does not end until the thesis has been formally accepted by the Graduate School.

1.  Applicants must be non-Chinese citizens with a valid passport and under 40 years old
2.  Hold a Bachelor degree or above
3.  With recommendations of two associate professors or higher, providing a certificate of competence in English

1.  Photocopy of valid passport
With photo, passport number &expiration date and name included.

2.  Passport-sized photo
A passport-sized photo taken recently of the applicant.

3.  Bachelor's degree diploma
Graduation certificate should be in Chinese or English.If not, it should be translated into Chinese or English and be notarized.

4.  Transcript of undergraduate school

5.  Two recommendation letters(optional)
From professor,associate professor or equivalents.

6.  Certificate of English proficiency test
IELTS or TOEFl will only be required if the applicant is not a native English speaker.

7.  Personal Statement
Personal Statement with the applicant's signature, written in Chinese or in English. You can download a template or sample from here.

8.  Copies of article or papers published
Sample copies of published academic articles, awards or other research outputs