BSc Acoustics and Music Technology
The University of Edinburgh, a prestigious institution in the United Kingdom, offers a ...
MSc Economics / Economics (Econometrics) / Economics (Finance)
Central Campus
INTAKE: September
Program Overview
The MSc Economics program at the University of Edinburgh offers a comprehensive curriculum that explores core economic principles, quantitative techniques, and policy applications. The program is available in three distinct pathways: the general MSc Economics, MSc Economics (Econometrics), and MSc Economics (Finance), allowing students to tailor their studies to their specific interests and career goals. These programs combine rigorous theoretical learning with practical analytical tools to help students understand economic systems, design effective policies, and analyze economic data. The specialized tracks (Econometrics and Finance) provide additional expertise in their respective fields, preparing students for careers in data analysis, financial institutions, government agencies, or consulting firms.
Curriculum: The curriculum of the MSc in Economics, including its specialized tracks, is structured to provide a solid foundation in microeconomics, macroeconomics, and econometrics, while allowing for advanced studies in specific areas. Students in the general Economics program will gain broad knowledge in economic theory and quantitative methods. Those opting for the Economics (Econometrics) track will focus on statistical analysis, data modeling, and econometric techniques that are essential for analyzing economic data and informing policy decisions. The Economics (Finance) track emphasizes financial markets, corporate finance, and financial economics, equipping students with the tools necessary for careers in banking, investment, and financial analysis. Core modules include advanced econometrics, economic policy analysis, and financial theory, along with elective modules that allow students to specialize further in topics such as behavioral economics, development economics, or financial risk management.
Research Focus: The University of Edinburgh is a global leader in economic research, and the MSc in Economics benefits from the university’s strong research culture and its active involvement in addressing real-world economic challenges. Research areas at the university include applied economics, financial economics, development economics, and econometrics, with a focus on using data to inform policy and decision-making. The program encourages students to engage in research projects and dissertation work that contribute to the ongoing academic discourse in economics. Students also benefit from the university’s close connections to economic policymakers, industry professionals, and international organizations, ensuring that research is relevant and impactful.
Industry Engagement: The University of Edinburgh has extensive connections with industry leaders in finance, government, and economics. Students enrolled in the MSc Economics program have the opportunity to engage with industry professionals through internships, guest lectures, and networking events. The university’s strong ties with financial institutions, consultancy firms, and international organizations provide students with valuable industry insights and career opportunities. The Economics (Finance) track, in particular, is designed to provide students with direct exposure to the financial sector, with opportunities to work on financial modeling, investment analysis, and risk management. The university’s location in Scotland, a global financial hub, further enhances opportunities for collaboration with financial markets and institutions.
Global Perspective: The MSc in Economics at the University of Edinburgh offers a global perspective on economic issues, preparing students to understand and analyze economic challenges at both national and international levels. The program’s diverse student body, which includes students from all over the world, creates an enriching learning environment where different cultural and economic perspectives are shared. The program also explores global economic issues, such as trade, development, and the impact of global financial systems, ensuring that students gain a comprehensive understanding of the interconnected global economy. Additionally, the university’s international partnerships and collaborations provide students with access to global networks, enhancing their understanding of economic issues from a worldwide standpoint.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
