MBM Master of Business Management
The MBM program at the University of Essex is designed to develop well-rounded business...
MSc Applied Economics and Data Analysis
Colchester Campus
INTAKE: October
Program Overview
The MSc Applied Economics and Data Analysis program at the University of Essex combines the study of economic theory with advanced quantitative methods and data analysis techniques.
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Core Modules: The program offers a range of core modules that cover the fundamental aspects of applied economics and data analysis. These modules may include Microeconomic Analysis, Macroeconomic Analysis, Econometrics, Applied Data Analysis, and Economic Research Methods. Students gain a comprehensive understanding of economic principles and develop skills in data collection, manipulation, and analysis.
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Quantitative Methods: The program emphasizes the use of quantitative methods to analyze economic data and make informed decisions. Students learn statistical techniques, econometric modeling, and computational methods to analyze economic phenomena and interpret data.
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Data Analysis Techniques: The program equips students with skills in data analysis, including data visualization, regression analysis, time series analysis, and forecasting. Students learn to apply these techniques to real-world economic problems and draw meaningful insights from data.
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Applied Economics Focus: The program has a strong applied economics focus, enabling students to apply economic theory and data analysis techniques to real-world issues. Students explore topics such as market analysis, policy evaluation, economic forecasting, and business decision-making.
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Practical Application: The program emphasizes the practical application of economic principles and data analysis techniques. Students engage in case studies, research projects, and data-driven assignments to develop their analytical and problem-solving skills.
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Industry Connections: The University of Essex has strong connections with industry and government institutions. Students have opportunities to engage with guest speakers, participate in industry projects, and access internships or placements to gain practical experience and industry insights.
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Research Opportunities: The program offers research opportunities for students to explore specific areas of interest within applied economics and data analysis. Students can undertake independent research projects or dissertations under the guidance of faculty members, allowing them to contribute to the field's knowledge and demonstrate their analytical abilities.
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 Applied Economics and Data Analysis program have diverse career prospects in both the public and private sectors.
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Economic Analysis: Graduates can work as economic analysts in government agencies, research institutions, or consulting firms. They analyze economic trends, conduct policy evaluations, and provide insights on economic issues.
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Data Analytics: Graduates can pursue careers as data analysts or data scientists in various industries, including finance, market research, and technology. They use their skills in data manipulation and analysis to extract valuable insights and support decision-making processes.
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Business and Financial Analysis: Graduates can work as business analysts or financial analysts in corporations, banks, or investment firms. They analyze financial data, evaluate investment opportunities, and provide recommendations for business decisions.
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Economic Consulting: Graduates can work in economic consulting firms, advising clients on economic issues, market research, and business strategy. They use their expertise in applied economics and data analysis to provide evidence-based recommendations.
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Policy Making and Planning: Graduates can contribute to policy-making and planning in government agencies or international organizations. They provide economic analysis, evaluate policy options, and help shape economic policies.
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Academic and Research Roles: Graduates can pursue research positions or academic careers, working in universities, think tanks, or research institutions. They can contribute to economic research, publish academic papers, and teach.
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Data-driven Industries: Graduates can work in industries that heavily rely on data analysis, such as marketing, consumer behavior analysis, and market research. They use their skills to analyze market trends, identify patterns, and support business strategies.
