MRes Economics

England - UK

 

INTAKE: September

Program Overview

The MRes Economics program is a one-year full-time program offered by the University of Nottingham. It is aimed at students who have a strong background in economics and wish to pursue a career in academia or research-intensive positions in the public or private sector. The program focuses on developing students' research skills and providing them with a solid foundation in economic theory and quantitative analysis.

The curriculum of the MRes Economics program is designed to provide students with a comprehensive understanding of economic theory and research methods. The program consists of both core modules and optional modules, allowing students to tailor their learning experience according to their research interests.

Core modules may include Advanced Microeconomics, Advanced Macroeconomics, Econometric Methods, and Research Design and Methods. These modules provide students with advanced knowledge in economic theory, econometric techniques, and research design, enabling them to undertake independent research projects.

Students have the flexibility to choose from a range of optional modules that cover specialized topics in economics. These modules may include Applied Microeconomics, Applied Macroeconomics, Economic Policy Analysis, Financial Economics, and Development Economics. Students can select modules that align with their research interests and career aspirations.

  1. Research Focus: The MRes Economics program is highly research-focused, providing students with the opportunity to engage in independent research projects and work closely with faculty members who are actively involved in research. Students develop advanced research skills and gain exposure to cutting-edge economic research.

  2. Advanced Economic Theory: The program delves deep into economic theory, equipping students with a solid understanding of microeconomic and macroeconomic principles. This theoretical foundation enables students to analyze complex economic issues and develop innovative research approaches.

  3. Quantitative Analysis: The program emphasizes quantitative analysis and econometric techniques. Students acquire advanced skills in data analysis, statistical modeling, and econometric methods, which are essential for conducting rigorous economic research.

  4. Research Methods Training: The program provides comprehensive training in research methods, including research design, data collection, and data analysis. Students learn how to formulate research questions, design research studies, gather relevant data, and apply appropriate analytical techniques.

  5. Research Seminars and Workshops: The University of Nottingham organizes research seminars and workshops where students have the opportunity to present their research findings, receive feedback, and engage in academic discussions. These events foster a stimulating research environment and help students refine their research skills.

  6. Research Facilities: The University of Nottingham offers state-of-the-art research facilities, including access to extensive libraries, databases, and computing resources. Students have the necessary resources to conduct in-depth economic research and access a wide range of academic literature.

Pollster Education

Location

England - UK

Pollster Education

Score

IELTS 6.5

Pollster Education

Tuition Fee

£ 21500

Postgraduate Entry Requirements: 

  • Academic Qualifications: Students should have completed a bachelor's degree or its equivalent with a minimum of 60% or above in their country's grading system. The specific entry requirements may vary depending on the chosen program of study. Some programs may have additional subject-specific requirements or prerequisite knowledge.

  • English Language Proficiency: Similar to undergraduate programs, international students are required to demonstrate English language proficiency for postgraduate studies. The minimum English language requirements are typically an IELTS score of 6.5 overall, with no less than 6.0 in each component. Alternatively, a TOEFL score of 72-90 or a PTE score of 65-72 may be accepted.

Students must provide:

  • academic marksheets & transcripts
  • letters of recommendation
  • a personal statement - SOP
  • passport
  • other supporting documents as required by the university.

Work experience: Some postgraduate courses may require relevant work experience in the field.

It is important to note that meeting the minimum entry requirements does not guarantee admission, as the university considers factors such as availability of places and competition for the program. Additionally, some courses may have higher entry requirements or additional selection criteria, such as interviews or portfolio submissions.

Scholarships for International Students at the University of Nottingham:

  1. International Excellence Scholarship: The University of Nottingham offers the International Excellence Scholarship to high-achieving international students. This scholarship is merit-based and provides a tuition fee reduction of up to £6,000 for undergraduate students and up to £4,000 for postgraduate students.
  2. Developing Solutions Scholarships: The Developing Solutions Scholarships are targeted at students from developing countries. These scholarships cover full tuition fees and provide additional support for living expenses. The aim of these scholarships is to empower students from disadvantaged backgrounds and enable them to make a positive impact in their home countries.
  3. Sports Scholarships: The university recognizes the importance of sports and offers Sports Scholarships to exceptional athletes. These scholarships provide financial support to talented sportsmen and sportswomen, helping them balance their sporting commitments with their academic studies.
  4. Nottingham Global Scholarships: The Nottingham Global Scholarships are awarded to outstanding international students across various academic disciplines. These scholarships provide financial assistance in the form of a tuition fee reduction.
  5. Research Scholarships: The University of Nottingham offers a range of scholarships specifically for international students pursuing research degrees (Ph.D. or MRes). These scholarships provide funding to cover tuition fees and living expenses, allowing students to focus on their research projects.
  6. Country-Specific Scholarships: The university also offers scholarships specifically tailored to students from certain countries. These scholarships may be based on academic merit, leadership potential, or specific criteria defined by the sponsoring organizations or governments.
  7. Alumni Scholarships: The University of Nottingham values its alumni and offers scholarships exclusively for students who have completed a previous degree at the university. These scholarships provide financial support for further studies at the university.

It's important to note that scholarship availability, eligibility criteria, and application deadlines may vary from year to year.

The MRes Economics program prepares students for careers in academia, research institutions, government agencies, international organizations, and the private sector. 

  1. Academic Research: Graduates of the program may pursue a Ph.D. in Economics and embark on an academic career, conducting independent research and teaching at universities and research institutions.

  2. Economic Consulting: Graduates can work in economic consulting firms, providing economic analysis, forecasting, and policy recommendations to businesses, government agencies, and non-profit organizations.

  3. Research Analyst: Graduates may work as research analysts in think tanks, research institutes, or economic research departments of financial institutions. They conduct economic analysis, produce research reports, and provide insights on economic trends and developments.

  4. Policy Advisor: Graduates can pursue careers as policy advisors, working with government departments or international organizations to provide economic analysis and guidance for policy formulation and implementation.

  5. Financial Sector: Graduates may find opportunities in the financial sector, working in roles such as financial analyst, risk analyst, or economic researcher in banks, investment firms, or insurance companies.

  6. Data Analysis and Research: Graduates can apply their advanced quantitative and analytical skills in data-driven roles, such as data analysts or research analysts, in various industries, including market research, business intelligence, and data-driven consulting.

The MRes Economics program at the University of Nottingham offers students a rigorous and research-intensive education in economics. With its focus on developing advanced research skills, strong theoretical foundation, and comprehensive training in research methods, the program prepares graduates for successful careers in academia, research institutions, government agencies, and the private sector. The program's emphasis on quantitative analysis and exposure to cutting-edge economic research equips students with valuable skills and knowledge to address complex economic challenges and contribute to the field of economics.


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