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MSc Economics

Birmingham

 

INTAKE: Jan & Sept

Program Overview

The MSc Economics program at Aston University is designed to provide students with a comprehensive understanding of economic theories, concepts, and analytical tools. It offers a rigorous and applied approach to economics, equipping students with the knowledge and skills necessary for a successful career in various sectors, including academia, government, and industry.

  1. Specialized Curriculum: The MSc Economics course at Aston University offers a specialized curriculum that covers a wide range of economic topics, including microeconomics, macroeconomics, econometrics, international economics, and financial economics. Students have the opportunity to delve into advanced economic theories and apply them to real-world economic issues.

  2. Practical Application: The program emphasizes the practical application of economic theories and techniques. Students learn to analyze economic data, conduct empirical research, and use econometric methods to inform policy decisions and business strategies. The coursework includes hands-on projects, case studies, and data analysis exercises to enhance practical skills.

  3. Quantitative Skills Development: The MSc Economics course focuses on developing strong quantitative skills among students. Through courses in econometrics, statistical analysis, and mathematical modeling, students acquire the ability to analyze complex economic data, build economic models, and draw meaningful conclusions. These skills are highly valued in the job market and open up various career opportunities.

  4. Research Opportunities: Aston University encourages students to engage in research activities during the MSc Economics program. Students have the opportunity to conduct independent research projects, work on faculty-led research initiatives, or contribute to ongoing research in collaboration with academic staff. This exposure enhances critical thinking, analytical abilities, and research skills.

  5. Industry Collaboration: Aston University has strong ties with industry partners, providing students with opportunities to engage with employers and gain practical insights into the application of economic principles in real-world contexts. Guest lectures, industry projects, and internships enable students to develop a deep understanding of how economics is applied in different sectors.

  6. Professional Development: The MSc Economics program at Aston University places importance on professional development. Students have access to career services, workshops, and networking events to enhance their employability skills. They receive guidance on job search strategies, CV writing, interview preparation, and career planning, ensuring they are well-prepared for their chosen career paths.

  7. Research-Led Teaching: The MSc Economics course benefits from Aston University's strong research culture. The program is delivered by faculty members who are actively involved in research and contribute to the advancement of economic knowledge. Students benefit from the expertise and insights of research-active academics, gaining a deeper understanding of contemporary economic issues.

  8. International Perspective: Aston University is a diverse and international institution, attracting students from around the world. The MSc Economics program reflects this global perspective, incorporating international case studies and exploring economic issues from a global standpoint. This exposure enhances students' ability to analyze economic phenomena in a multicultural and globalized context.

  9. Postgraduate Community: Aston University provides a vibrant and supportive postgraduate community. Students have the opportunity to engage with peers from diverse backgrounds, fostering collaboration, knowledge-sharing, and a rich learning environment. The university organizes social events, seminars, and networking sessions to facilitate interaction among students and faculty members.

  10. Further Study and Academic Careers: The MSc Economics program at Aston University serves as a stepping stone for students interested in pursuing further study at the doctoral level. Graduates can also pursue academic careers and research positions in universities, research institutions, or think tanks. The program provides a strong foundation for those aiming to contribute to economic research and policy development.

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Location

Birmingham

Pollster Education

Score

IELTS: 6.5

Pollster Education

Tuition Fee

£ 22750

Postgraduate Entry Requirements:

  1. Academic Qualifications: International students applying for postgraduate programs at Aston University are generally required to have achieved a minimum overall percentage of 60% or above in their undergraduate degree or equivalent qualification. However, specific entry requirements may vary depending on the chosen course of study.  

  2. English Language Proficiency: 

  • IELTS: An overall score of 6.5 or higher with no individual band below 6.0.
  • TOEFL: The overall score 93 with minimum score of 18 in each component is required.
  • PTE: The overall score 67 with minimum 59 is required

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.

Aston University offers a range of scholarships and financial support to both domestic and international students. These scholarships are designed to recognize academic excellence, support talented students, and promote diversity and inclusion. 

  1. Vice-Chancellor's Excellence Scholarship: This scholarship is awarded to high-achieving undergraduate students who have demonstrated exceptional academic performance. It provides a tuition fee reduction of up to £3,000 per year for the duration of the course.
  2. Aston Business School Scholarships: Aston Business School offers a range of scholarships for undergraduate and postgraduate students pursuing business-related programs. These scholarships are based on academic merit, leadership potential, and other criteria.
  3. Aston Achievement Scholarship: This scholarship is available to undergraduate students who have achieved exceptional results in their A-levels or equivalent qualifications. It provides a tuition fee reduction of up to £2,000 per year for the duration of the course.
  4. Aston Excellence Scholarship: This scholarship is awarded to undergraduate students who have achieved outstanding results in their A-levels or equivalent qualifications. It offers a tuition fee reduction of up to £1,000 per year for the duration of the course.
  5. International Ambassador Scholarship: This scholarship is specifically for international students and is awarded based on academic merit and contribution to the Aston community. It provides a tuition fee reduction of up to £3,000 for the first year of study.

  1. Economist: Graduates of the MSc Economics program can pursue careers as economists in various sectors. They can work in government agencies, international organizations, central banks, research institutes, and consulting firms. Economists analyze economic data, conduct research, and provide insights on economic trends, policy implications, and market conditions.

  2. Business Consultant: The analytical and problem-solving skills gained during the MSc Economics course are valuable in the field of consulting. Graduates can work as business consultants, advising companies on market analysis, pricing strategies, and economic feasibility studies. They help businesses make informed decisions and optimize their operations.

  3. International Economist: The program's emphasis on international economics equips graduates for careers in global organizations and multinational companies. They can work as international economists, assessing the impact of global events, trade policies, and economic trends on businesses. They provide strategic guidance for international expansion, risk assessment, and market entry strategies.

  4. Economic Researcher: Graduates can pursue careers as economic researchers, contributing to economic think tanks, research institutions, and policy organizations. They conduct independent research, analyze economic trends, and publish reports on specific economic issues, providing insights and recommendations for policy formulation and economic development.

  5. Academic Careers: The MSc Economics program serves as a solid foundation for students interested in pursuing further academic studies. Graduates can pursue doctoral degrees in economics or related fields and pursue careers as professors or researchers in universities and research institutions.

  6. Entrepreneurship and Start-ups: The MSc Economics course equips students with the analytical and strategic skills required to assess market opportunities and evaluate business viability. Graduates can start their own businesses or work in start-ups, applying their economic knowledge to identify market gaps, develop business plans, and navigate the competitive landscape.

  7. Policy Analyst: The MSc Economics course equips students with the skills to analyze and evaluate economic policies. Graduates can work as policy analysts in government departments, think tanks, and non-profit organizations. They assess the impact of policies on the economy, conduct cost-benefit analyses, and provide recommendations for policy improvements.

  8. Data Analyst: The program's focus on econometrics and data analysis prepares students for careers as data analysts in various industries. Graduates can work in finance, marketing, research, and consulting firms, utilizing their skills in statistical analysis, data modeling, and forecasting to provide insights for decision-making and strategic planning.

  9. Financial Analyst: With a strong foundation in financial economics, graduates can pursue careers as financial analysts in banks, investment firms, and corporate finance departments. They analyze financial markets, assess investment opportunities, and provide recommendations on investment strategies, risk management, and financial planning.

  10. Researcher: The MSc Economics program prepares students for research-oriented careers. Graduates can work as research analysts in academic institutions, think tanks, and research organizations. They contribute to economic research projects, publish papers, and provide insights on economic issues, helping shape economic policy and academic discourse.

The career prospects for graduates of the MSc Economics program at Aston University are diverse and extensive. The program's strong emphasis on analytical skills, economic theory, and practical application prepares students for a wide range of roles in various sectors, providing them with a competitive edge in the job market.

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