MSc Accounting
The MSc Accounting at the University of Manchester, United Kingdom, is a specialized po...
MSc Economics
Manchester, England
INTAKE: Jan & Sept
Program Overview
The MSc Economics program at the University of Manchester offers a comprehensive and rigorous education in economic theory, quantitative techniques, and their real-world applications. The program is designed for students seeking to deepen their understanding of economics at an advanced level, with the flexibility to tailor the course to their specific interests through a range of elective modules. The program aims to provide a solid grounding in both microeconomics and macroeconomics while emphasizing empirical analysis, data-driven decision-making, and policy evaluation. Graduates of this program are well-equipped for careers in academia, government, financial institutions, consulting, and multinational corporations.
Curriculum: The MSc Economics program at the University of Manchester is structured to provide students with both a strong theoretical understanding and practical skills in economic analysis. The core curriculum covers key areas such as microeconomics, macroeconomics, econometrics, and economic theory. Additionally, students can choose from a range of specialized elective modules that cater to their specific interests. Some of these modules might include topics such as international trade, development economics, industrial organization, and financial economics. The program also includes a dissertation component, where students are expected to conduct original research on a topic of their choice, showcasing their ability to apply theoretical knowledge to real-world issues.
Research Focus: The University of Manchester has a strong focus on research-led teaching, and the MSc Economics program benefits from the university’s globally recognized research excellence. Faculty members are involved in cutting-edge research in a variety of fields, including microeconomics, macroeconomics, econometrics, development economics, and public policy. Students are encouraged to engage with the latest research trends and methodologies, allowing them to apply academic theories to practical economic problems. The research focus of the program ensures that students are not only learning the fundamentals of economics but are also exposed to the current debates and advancements in the field, helping them stay ahead in the competitive job market.
Industry Engagement: The MSc Economics program at the University of Manchester is closely aligned with industry needs and provides several opportunities for students to engage with the professional world. The university has strong ties with government organizations, financial institutions, consultancy firms, and international agencies, which facilitate internships, projects, and networking opportunities. The university’s Career Services also offer support in connecting students with potential employers, providing access to career fairs, workshops, and employer-led seminars. Industry engagement is further enhanced through guest lectures, alumni networks, and collaborative research projects, ensuring that students are well-prepared for the demands of the global job market.
Global Perspective: The University of Manchester takes a global approach to economics, drawing students from across the world and emphasizing the importance of understanding international economic issues. The MSc Economics program integrates global perspectives into its curriculum, with courses focusing on international trade, global financial markets, and development economics. The university also offers opportunities for international exposure through study trips, exchange programs, and partnerships with leading universities worldwide. Students are encouraged to understand economic problems from a global viewpoint, preparing them to work in diverse and dynamic environments. This global perspective is particularly valuable for students aiming to pursue careers in multinational organizations, international organizations, or global financial markets.
Location
Manchester, England
Score
IELTS 7
Tuition Fee
£ 32000
Postgraduate Entry Requirements
Application fee: £60
Academic Qualifications: Applicants should have successfully completed a bachelor's degree or its equivalent from a recognized institution with a minimum overall score of 60% or equivalent.
English language proficiency:
- IELTS: A minimum overall score of 7.0 with no individual component below 6.5.
- TOEFL: A minimum overall score of 100.
- PTE Academic: A minimum overall score of 76.
- Some postgraduate programs may have specific subject prerequisites or additional requirements.
The University of Manchester offers a range of scholarships to support international students in funding their education and making their academic journey more accessible. These scholarships are designed to reward academic excellence, support students from diverse backgrounds, and help ease the financial challenges of studying abroad.
Global Futures Scholarship: The Global Futures Scholarship is a prestigious award for international students who demonstrate academic excellence and potential. This scholarship offers a £5,000 contribution towards tuition fees, providing financial assistance for undergraduate and postgraduate students. This scholarship is open to students from specific countries and disciplines, so it is essential to check eligibility criteria and deadlines.
Manchester Master’s Bursary: The Manchester Master’s Bursary is a financial aid program aimed at helping postgraduate students who come from lower-income backgrounds. This bursary offers support for UK, EU, and international students who wish to pursue a master’s degree at the university. The bursary can cover a significant portion of tuition fees and is awarded based on financial need.
Subject-Specific Scholarships: Many departments at the University of Manchester offer subject-specific scholarships for students enrolling in their programs. For example, students applying for programs in engineering, business, life sciences, and the arts may be eligible for additional funding based on academic performance and their future potential. These scholarships are often offered to high-achieving students who demonstrate exceptional skills and dedication to their field of study.
Chevening Scholarships: The Chevening Scholarship is a fully-funded award provided by the UK government, open to outstanding international students from over 160 countries. The scholarship covers tuition fees, living costs, travel expenses, and other related costs. The University of Manchester is a proud participant in this global program and welcomes applications from students wishing to pursue a master's degree in a variety of disciplines.
Commonwealth Scholarships: The Commonwealth Scholarship Commission offers fully funded scholarships for international students from Commonwealth countries. These scholarships support students pursuing postgraduate studies in fields such as engineering, health sciences, and education. They cover the full cost of tuition fees, travel, and living expenses during the duration of the program.
Regional Scholarships: The university also offers regional scholarships for students from specific countries or regions, including Asia, Africa, Europe, and the Americas. These scholarships are designed to make studying at the University of Manchester more accessible to students from these regions and offer both partial and full financial support depending on the scholarship type.
Graduates of the MSc Economics program at the University of Manchester are highly sought after by employers across various industries due to the program’s rigorous curriculum, analytical skills development, and real-world economic insights. The versatile nature of the degree opens doors to numerous career paths, especially in roles requiring strong economic and quantitative skills.
Finance and Banking: Many graduates find employment in financial institutions, including investment banks, commercial banks, and financial advisory firms. Roles in financial analysis, risk management, economic consulting, and investment strategy are common. Positions such as financial analyst, investment analyst, and risk manager are highly sought after.
Consulting: Consulting firms, both large multinational companies and smaller specialized firms, are significant employers for economics graduates. Positions in economic consultancy, market analysis, and strategic advice are available, where professionals assist clients with economic forecasting, pricing strategies, and policy advice.
Government and Public Sector: With the strong emphasis on policy analysis and economic theory, MSc Economics graduates often pursue careers in government agencies, policy think tanks, or international organizations like the United Nations or the World Bank. These roles involve economic policy design, public finance management, and economic forecasting.
Corporate Sector: Large multinational corporations, especially in industries like technology, energy, and manufacturing, employ economics graduates for roles in corporate strategy, economic analysis, market research, and supply chain management. Graduates can work in departments such as market intelligence, financial planning, or strategic operations.
Academia and Research: The MSc Economics program provides an excellent foundation for students interested in further academic study or research roles. Many graduates proceed to PhD programs in economics or related fields. Alternatively, they work as researchers or lecturers in universities and research institutes.
Non-Governmental Organizations (NGOs) and International Development: For those with a particular interest in global economic issues, positions in NGOs, non-profit organizations, and international development agencies are common. Graduates can engage in economic development, humanitarian aid analysis, and policy implementation.
Technology and Data Analysis: As data-driven decision-making becomes increasingly central to businesses and governments, MSc Economics graduates also find opportunities in the technology sector. Roles involving data science, analytics, and econometrics are in demand, where graduates apply their quantitative skills to big data, machine learning, and artificial intelligence.
