MBM Master of Business Management
The MBM program at the University of Essex is designed to develop well-rounded business...
MSc Economics
Colchester Campus
INTAKE: October
Program Overview
The MSc Economics program at the University of Essex equips students with a deep understanding of economic theories, analytical tools, and empirical methods.
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Core Modules: The program offers a range of core modules covering fundamental economic principles, including microeconomics, macroeconomics, econometrics, and economic research methods. These modules provide students with a solid foundation in economic theory and quantitative analysis.
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Specialization Options: Students have the opportunity to specialize in specific areas of economics based on their interests and career goals. The program offers a variety of specialization modules, such as international trade, monetary economics, development economics, and applied econometrics. This allows students to deepen their knowledge in their preferred areas of study and develop expertise in specific subfields of economics.
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Quantitative Analysis: The program emphasizes the development of strong analytical and quantitative skills. Students learn advanced statistical and econometric techniques to analyze economic data, build economic models, and conduct empirical research. They gain proficiency in using software tools, such as Stata or R, to handle and analyze economic data sets.
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Applied Economics: The program integrates real-world applications of economic theories and concepts. Students explore how economic theories can be applied to address economic problems, evaluate policy interventions, and analyze business strategies. They develop the skills to critically assess economic policies, conduct cost-benefit analyses, and provide evidence-based recommendations.
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Economic Research: The program encourages students to undertake independent research projects and dissertations. Students have the opportunity to conduct their own research under the guidance of faculty members. They learn how to formulate research questions, design empirical studies, collect and analyze data, and draw meaningful conclusions. This research experience enhances their analytical and critical thinking skills.
Location
Colchester Campus
Score
IELTS 6.5
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.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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 MSc Economics program have diverse career prospects across various sectors.
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Economic Analysis: Graduates can work as economists in government agencies, central banks, international organizations, or consulting firms. They can provide economic analysis, forecasting, and policy advice to guide decision-making processes.
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Financial Sector: Graduates can pursue careers in the financial sector, including banks, investment firms, or insurance companies. They can work in areas such as risk assessment, financial modeling, asset management, or economic research.
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Research and Academia: Graduates can pursue further studies at the doctoral level and pursue careers in research or academia. They can work as research analysts, lecturers, or professors, contributing to economic research and teaching.
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Public Policy and Planning: Graduates can work in public policy organizations, think tanks, or research institutes. They can contribute to policy formulation, program evaluation, and economic development initiatives.
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International Organizations: Graduates can find opportunities in international organizations such as the World Bank, International Monetary Fund (IMF), or United Nations (UN), contributing to global economic research, development projects, and policy analysis.
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Data Analysis and Consulting: Graduates can work in data-driven roles, conducting economic analysis, market research, or economic consulting for private firms or research organizations.
