MSc Accounting
The MSc Accounting at the University of Manchester, United Kingdom, is a specialized po...
BAEcon Economics and Data Analytics
Manchester, England
INTAKE: Jan & Sept
Program Overview
The BAEcon Economics and Data Analytics program at the University of Manchester offers an innovative blend of economics and data science. Designed for students interested in understanding the economic world through quantitative analysis, this program equips students with a strong foundation in economic theory while integrating data analytics tools and methodologies. The program prepares graduates to analyze complex economic data, use advanced statistical techniques, and apply these skills in diverse fields such as finance, business, and public policy. Students gain valuable insights into the practical application of data analysis in solving economic problems, preparing them for high-demand roles in today’s data-driven economy.
Curriculum: The curriculum of the BAEcon Economics and Data Analytics program is structured to provide a comprehensive education in both economics and data analytics. In the first year, students are introduced to core subjects such as microeconomics, macroeconomics, mathematics for economics, and an introduction to statistics. As the program progresses, students delve deeper into advanced econometrics, data analysis, and statistical software tools, such as R and Python, that are crucial for data-driven decision-making. Elective modules in later years allow students to specialize in areas like financial economics, market analysis, and the application of big data in economic research. The program places a strong emphasis on both theoretical understanding and the practical application of analytical methods to real-world economic issues.
Research Focus: The BAEcon Economics and Data Analytics program is closely tied to the University of Manchester’s cutting-edge research in economics and data science. The faculty consists of experts in areas such as econometrics, financial economics, behavioral economics, and data science, providing students with exposure to contemporary research trends and methodologies. Students benefit from the university’s strong emphasis on data-driven research, particularly in areas like big data analytics, artificial intelligence in economics, and machine learning applications for economic forecasting. Opportunities for students to engage with ongoing research projects and attend research seminars further enrich their learning experience.
Industry Engagement: The BAEcon Economics and Data Analytics program offers extensive industry engagement, providing students with opportunities to apply their knowledge in real-world settings. The University of Manchester maintains strong connections with leading organizations in the finance, consulting, technology, and public sectors. Students have the chance to gain hands-on experience through internships, placements, and collaborative projects with industry partners. Additionally, the university organizes events such as guest lectures, workshops, and networking sessions, where students can meet professionals, learn from their experiences, and build valuable industry connections. This engagement helps students develop the practical skills and professional networks necessary to succeed in the competitive job market.
Global Perspective: The BAEcon Economics and Data Analytics program at the University of Manchester offers a global perspective on economics and data analytics. Students are encouraged to analyze global economic issues, such as international trade, climate change economics, and the economic implications of technological innovations. The program also provides opportunities for international exposure, through study abroad programs, international internships, and collaborations with global institutions. This international focus helps students understand the interconnected nature of the global economy and prepares them for careers in multinational organizations, international agencies, and global financial markets.
Location
Manchester, England
Score
IELTS 6.5
Tuition Fee
£ 29500
Undergraduate Entry Requirements
Academic Qualifications: Applicants should have successfully completed their secondary education with a minimum overall score of 80% or equivalent in their respective country's grading system.
English language proficiency:
- 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 70.
- Some 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.
Undergraduate Scholarships: The university also offers various undergraduate scholarships for international students applying to programs such as law, business, engineering, and the humanities. These scholarships are based on academic achievement and help ease the burden of tuition fees. Some specific subject areas may have unique scholarships based on the department's needs and goals.
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.
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 BAEcon Economics and Data Analytics program at the University of Manchester have a wide range of career options due to the unique combination of economics and data science skills they acquire. The demand for professionals who can analyze economic data and interpret complex trends is increasing across many industries, making this program an excellent foundation for various career paths.
Data Analyst: Graduates can work as data analysts in industries like finance, consulting, and technology. They use their strong analytical skills and proficiency in statistical software to interpret large datasets, identify patterns, and provide actionable insights to organizations.
Economist: Many graduates pursue roles as economists in government, private sector, or research institutions. As economists, they use statistical models to analyze economic trends, develop forecasts, and provide recommendations to shape policy, business strategies, or investment decisions.
Financial Analyst: With a strong foundation in economic theory and data analytics, graduates can work as financial analysts. They evaluate financial data, assess market trends, and help companies make investment decisions, particularly in industries such as banking, investment management, and insurance.
Business Intelligence Analyst: Graduates can enter the field of business intelligence, where they design and manage tools that allow organizations to make data-driven decisions. This involves analyzing internal business data, identifying trends, and offering recommendations to improve business performance.
Data Scientist: Some graduates with a keen interest in advanced data techniques may pursue careers as data scientists. In this role, they apply machine learning and artificial intelligence algorithms to solve complex business and economic problems, creating predictive models that drive strategic decisions.
Market Research Analyst: Graduates can work in market research, gathering and analyzing data related to consumer behavior, market trends, and product demand. These analysts help companies and governments understand the dynamics of markets and make decisions based on comprehensive data insights.
Consultant: Many BAEcon Economics and Data Analytics graduates work as consultants, advising companies and organizations on economic strategies, data-driven decision-making, and market trends. This can include roles in management consulting, economic consulting, or technology consulting.
Public Sector Analyst: Graduates can work in the public sector, analyzing data to support economic policy, social programs, or fiscal strategies. They may work for government departments, think tanks, or international organizations, helping to shape public policy and improve economic outcomes.
Risk Analyst: Graduates with strong quantitative skills are well-positioned to work in risk management. In this role, they assess the potential risks to businesses or financial institutions by analyzing economic and financial data, helping organizations minimize exposure to risk.
Operations Research Analyst: Graduates can apply their data analysis skills in operations research, helping organizations optimize their operations. They analyze data related to production, logistics, and supply chains, creating strategies that enhance efficiency and reduce costs.
International Development and Policy Advisor: With the global perspective gained from the program, graduates can work in international development organizations or as policy advisors. They may analyze data on global economic trends, poverty, and development projects to design policies aimed at improving living standards and fostering economic growth in developing countries.
Entrepreneur/Startup Founder: Armed with both economic and data analysis skills, graduates are also well-equipped to start their own ventures. Whether launching a tech startup or a data consulting firm, the ability to understand markets and analyze data gives entrepreneurs the tools to make informed business decisions.
