MA Management Economics

Colchester Campus

 

INTAKE: October

Program Overview

The MA Management Economics program at the University of Essex offers a comprehensive curriculum that combines the disciplines of management and economics. This program is designed to equip students with the knowledge and skills necessary to analyze complex economic issues and make strategic decisions within a managerial context.

  1. Economic Analysis: The program provides a solid foundation in economic theory and analysis. Students learn to apply economic principles to analyze and understand various business and management scenarios. They study topics such as microeconomics, macroeconomics, econometrics, and economic policy.

  2. Managerial Decision-Making: The program focuses on developing students' skills in managerial decision-making. They learn how to assess the economic implications of business decisions, evaluate risks, and optimize resource allocation. Students gain a deeper understanding of the economic factors that influence strategic planning and organizational performance.

  3. Quantitative Methods: The program emphasizes the use of quantitative methods and statistical techniques in economic analysis and managerial decision-making. Students develop skills in data analysis, econometric modeling, and forecasting. They learn to utilize economic data to inform decision-making processes.

  4. Applied Economics: The program applies economic theory to real-world business challenges. Students explore how economic concepts and tools can be applied to solve problems related to market dynamics, pricing strategies, competition, and market entry. They learn to analyze industry trends and understand the implications of economic factors on business performance.

  5. Business Strategy: The program integrates business strategy with economic analysis. Students gain insights into formulating and implementing effective business strategies by considering economic factors such as market demand, competitive dynamics, and cost structures. They learn to evaluate strategic options and make informed decisions to achieve organizational goals.

Pollster Education

Location

Colchester Campus

Pollster Education

Score

IELTS 6.5

Pollster Education

Tuition Fee

£ 20350

Postgraduate Entry Requirements:

  • Applicants should have successfully completed a bachelor's degree or its equivalent from a recognized institution with a minimum overall score of  50 to 55% or equivalent.
  • English language proficiency is required, and applicants must provide evidence of their English language skills through an approved language test.
    • IELTS: A minimum overall score of 6.5 with no individual component below 6.0.
    • TOEFL: A minimum overall score of 90.
    • PTE Academic: A minimum overall score of 62 with no individual score below 51.
  • Some postgraduate programs may have specific subject prerequisites or additional requirements.

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 entry requirements may vary across different programs and courses. Additionally, meeting the minimum entry requirements does not guarantee admission, as the university considers factors such as the number of available places and competition for certain courses.

The University of Essex offers a range of scholarships and financial support options to assist students in their academic journey. These scholarships are designed to recognize and reward academic excellence, promote diversity and inclusion, and provide assistance to those facing financial challenges.  

  1. Academic Excellence Scholarships: The university offers scholarships to outstanding students who demonstrate exceptional academic achievements. These scholarships are typically merit-based and provide financial support towards tuition fees or living expenses.
  2. International Scholarships: The University of Essex provides scholarships specifically designed for international students. These scholarships aim to attract and support talented students from around the world. Eligibility criteria and award amounts may vary, and they may cover a portion of tuition fees or provide assistance with living expenses.
  3. Subject-specific Scholarships: Some departments and schools within the university offer scholarships tailored to specific academic disciplines. These scholarships are often awarded to students with exceptional academic records or those who demonstrate a strong commitment to their field of study.
  4. Access and Participation Scholarships: The university is committed to promoting diversity and inclusion. It offers scholarships and financial support to students from underrepresented backgrounds, including those from low-income families or individuals who are the first in their family to attend university.
  5. Government-funded Scholarships: In addition to internal scholarships, the University of Essex provides information and guidance on scholarships and funding opportunities offered by external organizations and government agencies. These scholarships may be available to students based on factors such as nationality, field of study, or research interests.
  6. Sports Scholarships: The university recognizes the importance of sports and offers scholarships to talented athletes who demonstrate exceptional sporting abilities. These scholarships provide financial support along with access to sports facilities, training programs, and dedicated support services.

It is important to note that scholarship availability, eligibility criteria, and application processes may change over time. 

Graduates of the MA Management Economics program have diverse career opportunities in various sectors where knowledge of both economics and management is valued. 

  1. Economic Consultant: Graduates can work as economic consultants, providing advisory services to businesses, government agencies, or international organizations. They analyze economic data, conduct market research, and offer recommendations on business strategies, pricing, and market entry.

  2. Business Analyst: Graduates can pursue roles as business analysts, helping organizations make data-driven decisions. They analyze market trends, consumer behavior, and economic indicators to provide insights on business performance, competitive advantage, and growth opportunities.

  3. Strategic Planner: Graduates can work as strategic planners, contributing to the development and implementation of business strategies. They analyze market conditions, evaluate competitive landscapes, and assess industry trends to guide long-term decision-making and organizational growth.

  4. Market Research Analyst: Graduates can pursue careers in market research, collecting and analyzing data to understand consumer preferences, market demand, and competitive positioning. They provide valuable insights to businesses for product development, marketing campaigns, and market expansion.

  5. Policy Analyst: Graduates can work in policy-oriented roles, assessing the economic impact of policies and regulations. They analyze economic trends, conduct cost-benefit analysis, and provide recommendations on policy formulation and evaluation.

  6. Entrepreneurship: Graduates with an interest in entrepreneurship can start their own businesses or join startups. Their understanding of economic principles and management strategies enables them to identify market opportunities, develop business plans, and navigate challenges in the business environment.


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