Management Economics, M.Sc.

  • N/A
    Application Deadline
  • 12 months
  • English (book IELTS)
University rank #251 (WUR) ,
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

  • Labour economics

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.

Specialist facilities

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

Your future

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.

Programme Structure

Courses Included:

Year 1
  • Dissertation
  • Mathematical Methods
  • Microeconomics
  • Theory of Industrial Organisation
  • Economics of Incentives, Contracts and the Firm
  • Econometric Methods (optional)
  • Economic Development Theory (optional)
  • Macroeconomics (optional)
  • Topics in Financial Economics (optional)
  • International Trade (optional)
  • International Finance (optional)
  • Game Theory and Applications (optional)
  • Microeconometrics (optional)
  • Audit Theory (optional)
  • International Management Accounting (optional)
  • International Financial Reporting (optional)
  • Cases in Corporate Governance (optional)
  • Corporate Reporting and Analysis (optional)
  • E-Commerce (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)

                                                                  Detailed Programme Facts

                                                                  • Programme intensity Full-time
                                                                    • Full-time duration 12 months
                                                                  • Languages
                                                                    • English
                                                                  • Delivery mode
                                                                    On Campus
                                                                  Check your fit with this programme

                                                                  English Language Requirements

                                                                  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.

                                                                    Book IELTS

                                                                    StudyPortals Tip: The UK government has confirmed new English-language testing requirements for visa and immigration purposes. Learn more

                                                                  Academic Requirements

                                                                  You need the following GPA score:

                                                                  Required score: Lower Second Class

                                                                  Applicants for graduate programs must have the equivalent of a bachelor’s degree with a minimum GPA equivalent to Lower 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).

                                                                  UK entry requirements
                                                                  • A degree with an overall grade of 2.2.
                                                                  International & EU entry requirements
                                                                  • We accept a wide range of qualifications from applicants studying in the EU and other countries. Get in touch with any questions you may have about the qualifications we accept. Remember to tell us about the qualifications you have already completed or are currently taking.
                                                                  Necessary documents
                                                                  • Personal statement
                                                                  • English language
                                                                  • Transcripts
                                                                  • CV
                                                                  • References

                                                                        Tuition Fee

                                                                        • International Applies to you

                                                                          16750 GBP/year
                                                                          Tuition Fee
                                                                          Based on the original amount of 16750 GBP per year and a duration of 12 months.
                                                                        • EU/EEA Applies to you

                                                                          10710 GBP/year
                                                                          Tuition Fee
                                                                          Based on the original amount of 10710 GBP per year and a duration of 12 months.
                                                                        We've labeled the tuition fee that applies to you because we think you are from and prefer over other currencies.


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