Our MSc Management Economics trains you to use economics in managerial decisions and in the analysing of strategic interaction among firms. We combine theory and applications to provide you with a unique combination of business knowledge and economic skills.
Upon completion of our course you will be able to think strategically and will be equipped to discuss economic theory in plain language, relating it to managerial decisions and market intelligence. You explore topics including:
Contract theory, incentive theory, and the theory of the firm
Real-world management decision-making
The interaction between firms in different market structures
How strategic interactions can affect sales and profitability
The main principles and theories of modern microeconomics
We are top 5 in the UK for research, with over 90% rated as “world-leading” or “internationally excellent”. Much of this world-class research is related to policy, and we have particular strengths in the areas of:
Game theory and strategic interactions
Theoretical and applied econometrics
The quality of our work is reflected in our stream of publications in high-profile academic journals, including American Economic Review, Econometrica, and Review of Economic Studies.
Our expert staff
Study and work alongside some of the most prominent economists of our time.
Our researchers are at the forefront of their field and have even received MBEs, with students coming from across the globe to study, research or work with us.
Many of our researchers also provide consultancy services to businesses in London and other major financial centres, helping us to develop research for today's society as well as informing our teaching for the future.
For a full list of research interests, see our Department’s staff pages.
Take advantage of our wide range of learning resources to assist you in your studies:
Extensive software for quantitative analysis is available in all computer labs across the university
Access a variety of economics databases and multiple copies of textbooks and e-books in the Albert Sloman Library
After completing your masters, you may wish to extend your knowledge with a research degree – many Essex graduates decide to stay here for further study.
Alternatively, our course also prepares you for employment; recent surveys have shown that higher degree graduates are more likely to obtain jobs at professional or managerial level.
On our course you gain key employability skills including mathematical techniques, research skills, communication and modelling.
More generally, our graduates find employment in roles such as business and financial analysts, management consultants, government officials, and economists for banks and other financial organisations.
We also work with the university’s Employability and Careers Centre to help you find out about further work experience, internships, placements, and voluntary opportunities.
Our University is one of only 21 ESRC-accredited Doctoral Training Centres in the UK.
This means that our course can form part of a prestigious 1+3 funding opportunity worth up to £21,575.
Postgraduate study is the chance to take your education to the next level. The combination of compulsory and optional modules means our courses help you develop extensive knowledge in your chosen discipline, whilst providing plenty of freedom to pursue your own interests. Our research-led teaching is continually evolving to address the latest challenges and breakthroughs in the field, therefore to ensure your course is as relevant and up-to-date as possible your core module structure may be subject to change.
For many of our courses you’ll have a wide range of optional modules to choose from – those listed in this example structure are, in many instances, just a selection of those available. Our Programme Specification gives more detail about the structure available to our current postgraduate students, including details of all optional modules.
Theory of Industrial Organisation
Economics of Incentives, Contracts and the Firm
Econometric Methods (optional)
Economic Development Theory (optional)
Political Economy (optional)
Economics of Financial Markets (optional)
Topics in Financial Economics (optional)
International Trade (optional)
International Finance (optional)
Game Theory and Applications (optional)
Audit Theory (optional)
INTERNATIONAL MANAGEMENT ACCOUNTING (optional)
International Financial Reporting (optional)
Cases in Corporate Governance (optional)
Corporate Reporting and Analysis (optional)
Financial Decision Making (optional)
Corporate Finance (optional)
Derivative Securities (optional)
Asset Pricing (optional)
Portfolio Management (optional)
Exchange Rates and International Finance (optional)
Financial Modelling (optional)
Behavioural Finance (optional)
Risk Management (optional)
Fixed Income Securities (optional)
Trading Global Financial Markets (optional)
Postgraduate Mathematics Preparation (optional)
Modern Banking (optional)
Bank Strategy and Risk (optional)
Industry Expert Lectures in Finance (optional)
Research Methods in Finance: Empirical Methods in Finance (optional)
Core components can be combined with optional modules to enable you to gain either in-depth specialisation or a breadth of understanding across several topics
Our postgraduates are encouraged to attend conferences and seminars
Each module is assessed with a final examination and a coursework component
Coursework is taken in the form of a term paper or a midterm test
You undertake an individually supervised research project that involves the in-depth study of a specific economic problem or issue
You can choose to do this programme part-time or full-time.Full-time
You need the following IELTS score:
Minimum required score:
The IELTS – or the International English Language Test System – tests your English-language abilities (writing, listening, speaking, and reading) on a scale of 1.00–9.00. The minimum IELTS score requirement refers to which Overall Band Score you received, which is your combined average score. Read more about IELTS.Take IELTS test
StudyPortals Tip: The UK government has confirmed new English-language testing requirements for visa and immigration purposes. Learn more
For up-to-date information on funding opportunities at Essex, please visit: www.essex.ac.uk/funding.
StudyPortals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.
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