BSc Accounting and Finance
The BSc Accounting and Finance program at Warwick is designed to equip students with th...
MSc Economics
University of Warwick
INTAKE: September
Program Overview
The MSc Economics at Warwick is designed for students who are looking to develop a deep understanding of economic theory, along with the technical skills to analyze real-world economic problems. The program is structured to provide a solid foundation in core economic subjects, including microeconomics, macroeconomics, and econometrics, while allowing students to specialize in areas such as labor economics, development economics, or industrial organization. The course is distinguished by its use of advanced quantitative techniques, including statistical methods and data analysis, which are integral to modern economic research. Warwick’s economics department is internationally recognized for its high-quality research and teaching, and the MSc Economics program provides students with the opportunity to engage with this research through coursework and collaborative projects.
Curriculum: The curriculum of the MSc Economics at Warwick is designed to provide a blend of theoretical knowledge and practical, data-driven skills. Students will study core modules in microeconomics, macroeconomics, and econometrics, which lay the foundation for more specialized study. In addition, the program offers optional modules in areas such as international trade, financial economics, behavioral economics, and public economics, allowing students to tailor their studies to their specific interests and career aspirations. A key feature of the program is its emphasis on quantitative analysis, with students gaining hands-on experience in econometrics and data analysis, which are critical skills for solving real-world economic problems. The program culminates in a dissertation, where students can apply their knowledge to a specific area of interest, conducting independent research on a topic of their choice.
Research Focus: The MSc Economics program at Warwick has a strong research-oriented focus, with students being exposed to the latest developments in economic theory and applied economics. Warwick’s economics department is globally recognized for its high-impact research, particularly in areas such as econometrics, development economics, labor economics, and environmental economics. The program emphasizes the development of analytical and research skills, enabling students to understand and conduct advanced economic research. Students have access to a wide range of research resources and are encouraged to engage in research projects, working alongside faculty members who are experts in their respective fields. The dissertation allows students to explore a particular area of economics in depth, contributing to the broader body of economic knowledge.
Industry Engagement: Warwick’s MSc Economics program is closely linked to industry and offers valuable opportunities for students to engage with professionals in the field of economics. The university has strong connections with government agencies, international organizations, financial institutions, and think tanks, providing students with access to internships, placements, and networking events. Students are encouraged to apply their economic knowledge to real-world problems, and the program fosters industry partnerships that enhance the learning experience. The university’s CareerPlus service also supports students with career advice, job placement assistance, and professional development opportunities, ensuring that graduates are well-prepared for a wide range of roles in the economic sector, including policy analysis, consulting, banking, and international development.
Global Perspective: The MSc Economics program at Warwick takes a global perspective on economic issues, preparing students to understand and address challenges in the global economy. The program covers key areas of international economics, trade, and development, helping students analyze the economic challenges facing both developed and developing countries. With its diverse student body and international faculty, Warwick provides a global learning environment that encourages students to explore economic issues from multiple perspectives. The program’s emphasis on international economics and global financial systems ensures that students are equipped to work in multinational organizations, international financial institutions, and global development agencies. Students also have access to Warwick’s global network of alumni, further enhancing their global outlook and career opportunities.
Location
University of Warwick
Score
IELTS: 6.5
Tuition Fee
£ 31090
Postgraduate Entry requirements
1. Academic Qualifications: Postgraduate applicants are expected to hold a relevant undergraduate degree from a recognized institution, with a minimum academic achievement of 60% to 80%.
2. English Language Proficiency:
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IELTS (International English Language Testing System): Minimum overall score of 6.5, with minimum component scores of two at 6.0/6.5 and the remaining components at 6.5 or above.
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TOEFL (Test of English as a Foreign Language): Minimum score of 100 on the internet-based test (iBT), with minimum sub-scores of Reading 22, Listening 21, Speaking 23, and Writing 21.
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PTE (Pearson Test of English): Minimum overall score of 70, including 59 or above in all components.
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 Warwick offers a range of scholarships and financial aid opportunities to support international students pursuing their academic aspirations at one of the UK's leading universities. These scholarships are designed to recognize academic excellence, promote diversity, and alleviate financial barriers to higher education.
Chancellor's International Scholarship: The Chancellor's International Scholarship is offered to outstanding international PhD applicants across all disciplines. This scholarship covers the full payment of overseas tuition fees and provides a generous stipend to support living expenses. Recipients of this scholarship are selected based on academic excellence and research potential.
Warwick Marshall Scholarship: The Warwick Marshall Scholarship is open to students from select developing countries who wish to pursue a Master's degree at Warwick. This scholarship covers full tuition fees, accommodation, and living expenses for the duration of the Master's program. Applicants must demonstrate academic excellence, leadership potential, and a commitment to making a positive impact in their home countries.
Commonwealth Shared Scholarship: Warwick participates in the Commonwealth Shared Scholarship scheme, which enables students from eligible Commonwealth countries to pursue a Master's degree in selected subjects at the university. This scholarship covers tuition fees, airfare, living expenses, and other allowances. Applicants must meet specific eligibility criteria outlined by the Commonwealth Scholarship Commission.
Other Departmental Scholarships: Various academic departments and faculties at Warwick offer specific scholarships and funding opportunities for international students based on academic merit, research potential, and other criteria. These scholarships may vary by program and are typically advertised on departmental websites.
External Funding Sources: In addition to university-specific scholarships, international students are encouraged to explore external funding sources, including government scholarships, corporate sponsorships, and international organizations offering financial support for higher education. The university's international office provides guidance and resources to help students identify and apply for external funding opportunities.
It is important to note that scholarship availability, criteria, and application deadlines may change from year to year.
Graduates of the MSc Economics program at the University of Warwick are well-positioned for diverse and rewarding career opportunities in academia, government, international organizations, and the private sector. Equipped with advanced analytical skills, theoretical knowledge, and practical experience in economic analysis, graduates can pursue roles that require expertise in economic theory, quantitative methods, and policy analysis.
Economist: Graduates may work as economists in government agencies, central banks, or international organizations, conducting economic research, analyzing policy issues, and providing expert advice to policymakers. They may specialize in areas such as monetary policy, fiscal policy, or labor market analysis, contributing to evidence-based policymaking and economic governance.
Policy Analyst/Consultant: Graduates can pursue roles as policy analysts or consultants, working for think tanks, research institutes, or consulting firms. They analyze economic trends, evaluate policy options, and provide strategic advice to governments, non-profit organizations, or private-sector clients on a wide range of economic and social issues.
Financial Analyst/Researcher: Graduates with strong quantitative skills may work as financial analysts or researchers in the banking, finance, or investment sectors. They conduct economic and financial research, analyze market trends, and forecast economic indicators to inform investment decisions, risk management strategies, and financial product development.
Data Scientist/Econometrician: Graduates proficient in econometrics and statistical analysis can pursue careers as data scientists or econometricians in industries such as technology, healthcare, or marketing. They analyze large datasets, build econometric models, and derive insights to support business decisions, optimize processes, and drive innovation.
Academic Researcher/Teacher: Graduates may pursue careers in academia as researchers or teachers in universities or research institutions. They conduct original research, publish scholarly articles, and teach undergraduate or postgraduate courses in economics, contributing to the advancement of knowledge in the field and training the next generation of economists.
International Development Specialist: Graduates interested in global development issues may work as international development specialists for NGOs, multilateral organizations, or development agencies. They design and evaluate development projects, analyze economic policies, and advocate for sustainable development initiatives to alleviate poverty and promote economic growth.
Business Analyst/Strategist: Graduates can work as business analysts or strategists in corporations or consulting firms, applying their economic expertise to analyze market dynamics, assess competitive landscapes, and identify growth opportunities. They provide insights and recommendations to help businesses make informed strategic decisions and achieve their objectives.
Government Policy Advisor: Graduates may work as government policy advisors, providing economic analysis and advice to policymakers on issues such as taxation, regulation, trade, and social welfare. They assess the economic impact of policy proposals, conduct cost-benefit analyses, and contribute to the development of evidence-based policies that address societal challenges.
