MSc Economics with Data Analytics

Colchester Campus

 

INTAKE: October

Program Overview

The MSc Economics with Data Analytics program at the University of Essex is designed for students who have a strong background in economics and a keen interest in leveraging data analysis techniques to understand and solve economic problems.

  1. Comprehensive Economics Training: The program provides a comprehensive training in economics, covering both microeconomic and macroeconomic principles. Students develop a deep understanding of economic theories, models, and analytical frameworks.

  2. Advanced Data Analytics Skills: The program equips students with advanced data analytics skills that are essential in the field of economics. Students learn how to collect, process, and analyze large datasets using statistical software and programming languages. They gain expertise in data visualization, econometrics, and machine learning techniques.

  3. Applied Economics Projects: Students have the opportunity to apply their knowledge and skills to real-world economic problems through applied economics projects. They work on research projects or industry collaborations, analyzing economic data, conducting policy evaluations, or forecasting economic trends.

  4. Elective Modules: The program offers a range of elective modules that allow students to specialize in specific areas of interest. These modules cover topics such as financial economics, international trade, development economics, behavioral economics, and economic policy.

  5. Research Methods in Economics: The program emphasizes research methods in economics, providing students with the necessary tools to conduct independent research. Students learn quantitative and qualitative research methods, data collection techniques, and econometric modeling.

  6. Guest Lectures and Industry Connections: The University of Essex invites guest speakers from academia, industry, and policymaking organizations to share their insights and experiences with students. This exposure to industry professionals enhances students' understanding of real-world applications of economics and data analytics.

  7. Dissertation: Students are required to complete a dissertation project, allowing them to delve deeper into a specific research area of their choice. The dissertation provides an opportunity for students to demonstrate their research and analytical skills under the guidance of faculty members.

Pollster Education

Location

Colchester Campus

Pollster Education

Score

IELTS 6.5

Pollster Education

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.  

  1. 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.
  2. 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.
  3. 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.
  4. 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.
  5. 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.
  6. 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 with Data Analytics program have excellent career prospects in various sectors that require a strong understanding of economics and data analytics. 

  1. Data Analyst: Graduates can work as data analysts in government agencies, consulting firms, financial institutions, or data-driven companies. They analyze economic data, conduct market research, and provide insights for informed decision-making.

  2. Economic Consultant: Graduates can pursue careers as economic consultants, advising businesses and organizations on economic trends, market dynamics, and policy implications. They may work in economic research firms, think tanks, or consultancy agencies.

  3. Policy Analyst: Graduates can work in public policy and governmental organizations, analyzing economic data to inform policy decisions. They contribute to policy development, evaluation, and impact assessment.

  4. Research Economist: Graduates can work as research economists in academic institutions, research organizations, or central banks. They engage in economic research, publish scholarly articles, and contribute to economic knowledge and understanding.

  5. Financial Analyst: Graduates can enter the finance industry as financial analysts, where they analyze economic indicators, evaluate investment opportunities, and provide financial forecasts and recommendations.

  6. Data Scientist: Graduates with strong data analytics skills can pursue careers as data scientists in various industries. They use advanced analytical techniques to extract insights from large datasets, build predictive models, and support decision-making processes.

  7. Economic Policy Advisor: Graduates can work as economic policy advisors in government agencies or international organizations, providing expertise on economic policy formulation, implementation, and evaluation.

  8. Academic and Research Careers: Graduates can pursue further studies at the doctoral level and pursue careers in academia as professors or researchers in economics and data analytics.


Similar Courses
WhatsApp Enquiry Call Enquiry