BSc Acoustics and Music Technology
The BSc Acoustics and Music Technology program at The University of Edinburgh offers a ...
MSc Economics / Economics (Econometrics) / Economics (Finance)
Central Campus
INTAKE: September
Program Overview
The MSc Economics programs offered at the University of Edinburgh encompass a range of specialized tracks designed to provide students with in-depth knowledge and skills in economics and related fields. Whether pursuing the general MSc Economics track or specializing in Econometrics or Finance, students engage with rigorous coursework, cutting-edge research, and practical applications of economic theory. The programs cover fundamental economic principles, quantitative methods, and advanced topics tailored to each specialization. Students have the opportunity to explore diverse areas such as macroeconomics, microeconomics, financial markets, econometric modeling, and policy analysis. The curriculum emphasizes critical thinking, analytical reasoning, and quantitative skills, preparing graduates for successful careers in academia, government, international organizations, and the private sector.
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Core Economics Concepts: The programs cover essential economic concepts, including supply and demand, market structures, consumer behavior, and production theory. Students develop a solid foundation in economic theory and its practical applications.
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Quantitative Methods: Rigorous training in quantitative methods is a key component of these programs. Students learn econometric techniques, statistical analysis, and mathematical modeling to analyze economic data and test hypotheses.
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Specialized Tracks: Each program offers specialized tracks to cater to different interests and career goals. The MSc Economics (Econometrics) track focuses on advanced statistical methods and econometric modeling, while the MSc Economics (Finance) track delves into financial economics, asset pricing, and corporate finance.
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Applied Economics: The curriculum emphasizes the application of economic theory to real-world issues and policy challenges. Students engage in case studies, simulations, and research projects that apply economic principles to analyze market behavior, public policy, and business strategies.
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Research Skills and Dissertation: Students have the opportunity to conduct independent research and write a dissertation under the guidance of faculty members. This allows them to deepen their expertise in a specific area of economics and demonstrate their analytical and writing abilities.
Location
Central Campus
Score
IELTS: 7
Tuition Fee
£ 29900
Postgraduate entry requirements:
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Academic Qualifications: Prospective postgraduate applicants to the University of Edinburgh are typically required to have achieved a minimum academic qualification of approximately 60%, based on their previous academic achievements and qualifications.
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English Language Proficiency:
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IELTS (International English Language Testing System): Minimum overall score of 7.0, with at least 6.0 in each component (Listening, Reading, Speaking, Writing).
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TOEFL (Test of English as a Foreign Language): Minimum score of 100 on the internet-based test (iBT), with at least 20 in each component (Reading, Listening, Speaking, Writing).
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PTE (Pearson Test of English): Minimum overall score of 70, with at least 59 in each component (Listening, Reading, Speaking, Writing).
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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.
The University of Edinburgh offers a range of scholarships and funding opportunities specifically designed to support international students pursuing undergraduate, postgraduate, and research programs. These scholarships aim to promote diversity, academic excellence, and global engagement.
Global Scholarships: The University of Edinburgh offers Global Scholarships to outstanding international undergraduate students. These scholarships provide financial assistance towards tuition fees and living expenses, enabling talented students from around the world to access quality education at Edinburgh.
Edinburgh Global Research Scholarships: International postgraduate students pursuing research-based programs (Ph.D., MSc by Research) can apply for Edinburgh Global Research Scholarships. These scholarships provide full or partial funding for tuition fees and living expenses during the research program.
School-specific Scholarships: Some academic schools and departments within the university offer scholarships targeting international students in specific disciplines or programs. These scholarships may be merit-based or need-based and vary in terms of eligibility criteria and funding amounts.
Commonwealth Scholarships: The University of Edinburgh participates in various Commonwealth scholarship schemes, providing opportunities for students from Commonwealth countries to study in the UK. These scholarships are funded by the UK government and other organizations.
External Funding Sources: International students are encouraged to explore external funding sources, such as government scholarships, private organizations, and international foundations, to support their studies at the University of Edinburgh.
It is important to note that scholarship availability, criteria, and application deadlines may change from year to year.
Graduating with an MSc in Economics, Economics (Econometrics), or Economics (Finance) from the University of Edinburgh opens up a wide range of lucrative career opportunities in finance, consulting, government, academia, and international organizations. These specialized programs equip graduates with strong analytical skills, quantitative techniques, and a deep understanding of economic theory, preparing them for impactful roles in various sectors.
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Economist: Graduates can work as economists in government agencies, central banks, research institutes, and international organizations. They analyze economic data, conduct research, and provide insights to inform economic policies and decision-making.
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Financial Analyst/Quantitative Analyst: Graduates specializing in Economics (Finance) or Economics (Econometrics) can pursue careers in finance, investment banking, or asset management. They analyze financial markets, assess investment opportunities, and develop quantitative models for risk management and pricing.
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Data Scientist/Data Analyst: With strong quantitative and statistical skills acquired during the program, graduates can work as data scientists or analysts in industries such as technology, finance, healthcare, and retail. They apply econometric methods to analyze big data and derive actionable insights.
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Consultant: Many graduates enter consulting firms, providing economic and financial advice to businesses, governments, and non-profit organizations. They help clients optimize operations, assess market dynamics, and formulate strategic plans.
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Policy Analyst/Advisor: Graduates can work in public policy research and analysis, evaluating the impact of economic policies on society, employment, and welfare. They contribute to policy design and implementation in government agencies and think tanks.
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Academic Researcher: Some graduates pursue further studies or research positions in academia, conducting economic research and publishing scholarly articles in journals. They may work as research associates or pursue a PhD in Economics.
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Risk Manager: Graduates with a focus on Finance develop skills in risk assessment and management, making them suitable for roles in risk management departments of banks, insurance companies, and financial institutions.
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Business Development Manager: Graduates with a strong background in Economics (Finance) can excel in business development roles, identifying growth opportunities, analyzing market trends, and formulating business strategies.
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International Development Specialist: Graduates interested in global development can work for international organizations such as the World Bank, IMF, or UN, focusing on economic development projects, poverty reduction, and sustainable growth initiatives.
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Entrepreneurship: Equipped with a solid understanding of economic principles and financial analysis, graduates may venture into entrepreneurship, starting their own businesses or consulting startups on market strategies and financial planning.
