MSc Applied Economics

Manchester - UK

 

INTAKE: September

Program Overview

The MSc Applied Economics program at Manchester Metropolitan University is designed to provide students with a solid foundation in economic theory and its practical application in real-world scenarios. The program combines rigorous academic coursework with hands-on research projects, enabling students to develop advanced analytical and problem-solving skills. Students gain a comprehensive understanding of economic principles and their application to various sectors, preparing them for successful careers in economics and related fields.

  1. Economic Theory: The program offers a thorough study of economic theory, covering microeconomics, macroeconomics, and econometrics. Students learn to analyze economic behavior, understand market dynamics, and apply economic models to real-world situations.

  2. Quantitative Analysis: The program emphasizes the use of quantitative methods and statistical techniques in economic analysis. Students acquire advanced skills in data analysis, econometric modeling, and forecasting, enabling them to evaluate economic trends, make informed decisions, and provide evidence-based policy recommendations.

  3. Applied Research Projects: Students engage in applied research projects that allow them to apply economic theory and analytical tools to real economic issues. They work on practical case studies, conduct data analysis, and present their findings, enhancing their research and presentation skills.

  4. Specializations and Electives: The program offers a range of specialization options, allowing students to tailor their studies to their specific interests and career goals. Specialization areas may include financial economics, public policy, development economics, environmental economics, or international economics.

  5. Industry-Relevant Skills: The program focuses on developing practical skills that are highly valued by employers. Students learn to analyze economic data, conduct policy evaluations, and communicate economic insights effectively to both technical and non-technical audiences.

Pollster Education

Location

Manchester - UK

Pollster Education

Score

IELTS 6.5

Pollster Education

Tuition Fee

£ 18000

Postgraduate Entry Requirements:

  • Academic Qualifications: For postgraduate programs, international students are generally required to have a minimum academic qualification of 55% or above in their previous studies. However, some courses may have specific requirements or higher entry criteria.
  • 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.
    • TOEFL: A minimum overall score of 95, with at least 19 in Listening, 19 in Reading, 20 in Speaking, and 19 in Writing.
    • PTE Academic: A minimum overall score of 67 with no individual score below 58.
  • 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 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 provide opportunities for talented students to pursue their studies at Manchester Metropolitan University. 

  1. Vice-Chancellor's International Scholarship: This prestigious scholarship is awarded to high-achieving international students who demonstrate exceptional academic performance. The scholarship offers a partial tuition fee waiver of up to £5,000.
  2. International Postgraduate Scholarships: MMU provides postgraduate scholarships to international students undertaking master's degree programs. These scholarships offer financial support towards tuition fees, with amounts ranging from £2,000 to £5,000.
  3. Country-Specific Scholarships: MMU offers scholarships specifically tailored to students from certain countries or regions. These scholarships may have specific eligibility criteria and provide financial assistance to support students from specific geographic areas.
  4. Sports Scholarships: MMU recognizes the achievements of talented athletes and offers sports scholarships to support their academic and sporting aspirations. These scholarships provide financial support and additional training opportunities for student-athletes.
  5. External Scholarships and Funding: MMU also encourages international students to explore external scholarship opportunities offered by governments, organizations, and foundations in their home countries. The university provides guidance and support in accessing external funding options.

It is important to note that scholarship availability, criteria, and application deadlines may vary each year.

Graduates of the MSc Applied Economics program have excellent career prospects in a wide range of sectors. 

  1. Economic Analyst: Graduates can work as economic analysts, conducting research and providing economic forecasts for government agencies, financial institutions, research organizations, or consulting firms. They analyze economic data, monitor trends, and assess the impact of policies on various sectors.

  2. Policy Advisor: Graduates can pursue careers as policy advisors, working with government bodies or think tanks to provide economic expertise and contribute to the formulation of effective policies. They assess policy options, conduct cost-benefit analyses, and provide recommendations for policy improvements.

  3. Data Analyst: Graduates can work as data analysts in various industries, including finance, market research, or consulting. They use their strong quantitative skills to analyze large datasets, identify patterns, and generate insights that drive informed decision-making.

  4. Economic Consultant: Graduates can work as economic consultants, providing expert advice to businesses, government agencies, or international organizations. They help clients understand economic trends, evaluate market opportunities, and develop strategies for growth and sustainability.

  5. Researcher: Graduates can pursue research positions in academic institutions or research organizations, contributing to the advancement of economic knowledge through independent research projects. They may focus on specialized areas such as labor economics, environmental economics, or international trade.

  6. Economic Policy Planner: Graduates can work as economic policy planners, assisting government agencies or international organizations in designing and implementing economic policies. They assess the potential impact of policies, evaluate their effectiveness, and propose recommendations for policy adjustments.


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