Information for Prospective Graduate Students

If you have visited this website, you are most likely trying to learn more about our program or to decide whether our program provides a relevant platform that could help you reach your future goals.

Our training program is only suitable for students who are fully convinced that they want to pursue graduate studies in economics and other related fields that emphasize quantitative rigor, for example finance, statistics, applied mathematics, operations research, quantitative social science etc. If you have not made up your mind, or you are still at an experimentation phase, then this program is not for you.

For those who are certain that they want to pursue graduate studies, we offer training courses that would prepare you rigorously for graduate school. Our focus is to train and equip low-income African students in Africa and disadvantaged minority students in the US and elsewhere. So, our program mainly targets this set of students.

 However, from time to time, we admit selected students from other demography in order to meet our diversity and inclusiveness targets.

Because of the vision of our program, we charge $0 tuition fees, so that students are fully funded to attend the program. We are arguably the first zero tuition fees graduate school training center in economics in Africa and one of a handful worldwide, delivering tailored graduate level courses and research training that are student centered. We are indebted to our volunteer faculty members, senior research fellows and supporters who have made such a program possible. Our courses are taught online or in person, depending on the location of the students, and we refund the cost of internet data for a subset of our low-income students who attend the program online and perform at outstanding levels as determined by their grades and research potential.

Our program is thorough and intensive, and we normally accept a sizable number of students into the program based on performances in an entrance examination (GRE style), past academic performances, financial status, and potential to excel in graduate studies. Most of our students hold part time or full-time work elsewhere and the most dedicated ones are able to complete the program in spite of their other commitments. However, this can be challenging, and you must really want this type of training in order to succeed. To give a sense of the rigor of the program, our acceptance rate over the last three sessions has averaged over 50% but only around 20% of admitted students eventually completed the program. We keep the level of the program very high because we are only interested in producing the most committed students who are truly ready to take on graduate studies.

Admission Details

To be admitted to our Certificate Program in Economic Theory, Econometrics and Mathematical Economics, students must have:
  1. At least one of the following: HND, BSc, PGD and MSc in economics, finance, statistics, mathematics, engineering, physics, actuarial science, or other courses with significant quantitative components. Penultimate or final year students still at the university are encouraged to apply, provided they possess the background to do well in the courses
  1. Some background in mathematics/statistics at the level of calculus, algebra, and inferential statistics. Previous experience in proof-based mathematics is helpful but not required since you will learn that in this program
  1. A commitment to begin and complete the program and a desire to support other African students financially and otherwise in the foreseeable future, to help them reach their academic goals
  1. A detailed CV, transcript, cover letter explaining why you want to follow the program, and at least one letter of recommendation from a credible academic vouching for your abilities
The program begins in January of every year and lasts until April of the following year. Deadline for application is always November 30. Places are limited and competition is keen, so apply with complete documents early!

We offer training courses in carefully selected areas of mathematics, statistics, economics, and finance (see course information for details on the phases of the program). We also provide supervision in a broad range of fields, thanks to the expertise of our volunteer faculty members. Our courses and research are made possible by these selfless volunteers and supported by capable teaching assistants. Our instructors and researchers have global teaching experience – in Africa, Europe, North America, and Asia – and have published research in leading journals, including Econometrica, Quarterly Journal of Economics, Journal of Econometrics, Journal of the American Statistical Association, Journal of Applied Econometrics, Journal of Finance, and Annals of Applied Probability, among others.

Completion of our courses (with excellent grades) ensures that students are equipped with advanced skills to pursue doctoral studies and to read and understand research papers that have considerable mathematical content.

As the training primarily focuses on preparing students for graduate school, it is neither a university degree program nor a replacement for one, so students must be aware that they will be equipped with skills to pursue graduate studies and not to seek employment with the certificate they earn.

To earn the certificate, all students must complete all phases of the program unless otherwise stated. Students may seek exemption from courses they have completed in a previous education and earned a B or better in. However, all students must take the courses that they have not previously taken, and all students must take the graduate level core courses in the second phase of the program.

As a concrete proof of the success of our certificate program, our students have, in recent times, received graduate school offers (directly from Africa) from such universities as  Iowa State University, Cornell University, Princeton University, Columbia University, Yale University, Rice University, University of Texas, Graduate Institute Geneva, Florida International University, University of Memphis, Georgia State University, University of Missouri, University of Concordia, Southern Methodist University, University of North Carolina, among many others. Our placement rate is close to 100%! We provide a platform for talented hardworking students to grow, thrive, achieve their goals, and reach their full potential. We don’t just send students to top schools, we prepare them to succeed there. We like to believe that we are doing God’s work through our high-end academic empowerment of talented low-income students

We hope that you find answers to all your questions. For questions (not application) not addressed on this page, please contact admissions at
admissions@baumtenpers.com  Who will be delighted to answer your questions.

Yours in Baum Tenpers

 

 

 

 

 

 

Lisa A. Wigwe, PhD
Director of Admissions and Senior Program Registrar