Economics, M.Sc.

  • Application Deadline
  • 12 months
    Duration
  • Tuition
    16765
    Tuition (Year)
    10465
    Tuition (Year)
  • English (take IELTS)
    Language
,
The MSc in Economics is a one year full-time course (two year part-time course) which focuses on developing the core technical skills needed to undertake research in economics. It emphasises active and problem-based learning to ensure mastery of the basic skills. This is made possible by keeping class sizes small with 20-25 students being accepted per year.

About

Is it for me?

Yes, if you are interested in receiving the training required to enter a PhD programme in Economics or to work as an economist in government or a private sector organisation. MSc students are exposed to a broad range of economics research expertise which helps them to identify where their research interests lie. They are also guided through the process of developing a research idea and presenting their findings.

A significant number of MSc students have gone on to PhD study at leading universities around the world such as Boston University, Duke University, New York University, Oxford, LSE, University College London, University of Queensland and Trinity College Dublin. Graduates are also highly sought after by employers who value analytical and problem-solving skills.

Programme Structure

The M.Sc. programme is taught in two parts and consists of four components: Microeconomics, Macroeconomics, Econometrics and  Research Topics.  In the first part all modules are compulsory. In the second part students fulfil programme requirements by choosing from a range of elective modules.  The core modules are taught around weekly problem sheets followed by examinations, while assessment for Research Topics is based on essays and presentations. In addition, students are expected to complete a dissertation of 12,000 words. Permission to proceed to the dissertation is dependent on achieving a satisfactory pass mark in the coursework components. Students who are unable to proceed to the dissertation or who fail to achieve a satisfactory mark for the dissertation element may be eligible for the award of a Postgraduate Diploma in Economics. A number of scholarships may be awarded annually to highly qualified candidates. 

Detailed Programme Facts

  • Full-time duration 12 months
  • Study intensity Part-time, Full-time
    • Intensity Flexible
    • Duration part-time 24 months
  • Credits
    90 ECTS
  • Languages
    • English
  • Delivery mode
    On Campus

English Language Requirements

You only need to take one of these language tests:

  • Minimum required score: 6.5

    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
  • Minimum required score (Grade C): 180

    The CAE test – or the Cambridge Advanced English – is an exam for applicants who wish to get a Certificate in Advanced English. To receive the Advanced certificate, test-takers must score between 142 and 210 on the Cambridge English: Advanced test. Read more about CAE.

    Note: degree programmes and applications may require a more specific minimum score for admission.

  • Minimum required score: 570

    The TOEFL – or Test OF English as a Foreign Language – offers a paper-based test (PBT). The final, overall PBT score ranges between 310 and 677, and is based on an average taken from the three test components (listening, structure, and reading). The writing part of this test is scored separately on a scale of 0-6. Read more about TOEFL (PBT).

  • Minimum required score: 88

    The TOEFL – or Test Of English as a Foreign Language – offers an internet-based test (iBT). The final, overall iBT score ranges between 0 and 120, and includes a scaled average from the four components (reading, listening, speaking, and writing). Read more about TOEFL (iBT).

Academic Requirements

You need the following GPA score:

Required score: Upper Second Class

Applicants for graduate programs must have the equivalent of a bachelor’s degree with a minimum GPA equivalent to Upper Second Class on the UK Honour scale. Admitted applicants typically have an undergraduate GPA of or better on the UK Honour scale. No exam grade should be lower than 4.5 (European grade scale) or D (American grade scale).

Your GPA (Grade Point Average) is calculated using the grades that you received in each course, and is determined by the points assigned to each grade (e.g. for the US grading scale from A-F).

Candidates should normally hold at least an upper second-class honors degree that has a significant quantitative component. Applications are expected from candidates with single or joint honors Economics degrees, Business or BComm degrees with final-year Economics options, and Maths, Physics, Computer Science or Engineering graduates.

Tuition Fee Per Year

  • EUR 16765 International
  • EUR 10465 EU/EEA

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.