MSc Applied Economics

Reading

 

INTAKE: September

Program Overview

The MSc Applied Economics program at the University of Reading is designed for individuals seeking advanced knowledge and skills in economic analysis, with a focus on applying economic theory to real-world challenges. This program equips students with the tools needed to understand and evaluate economic policies, financial markets, and business strategies. It combines rigorous academic training with practical, hands-on experience to prepare graduates for careers in both the public and private sectors. The program is ideal for those interested in working in government agencies, financial institutions, international organizations, or consulting firms, as well as those wishing to pursue further research in economics.

Curriculum: The curriculum of the MSc Applied Economics program at the University of Reading is structured to provide students with a solid foundation in economic theory, quantitative methods, and practical economic analysis. Core modules cover key areas such as microeconomics, macroeconomics, econometrics, and data analysis. Students will also explore specialized topics, including financial economics, development economics, and public policy analysis, giving them a comprehensive understanding of applied economics. The program places a strong emphasis on the use of real-world data, with opportunities to apply theoretical concepts through case studies, simulations, and practical projects. In addition to core modules, students have the flexibility to choose elective courses that align with their personal interests and career goals. The program culminates in a dissertation or research project, which allows students to conduct independent research on a topic of their choice, contributing to the body of knowledge in applied economics.

Research Focus: The University of Reading is renowned for its strong research culture, and the MSc Applied Economics program is no exception. Research within the program focuses on the application of economic theory to real-world problems, with particular emphasis on public policy, economic development, financial markets, and labor economics. The university’s research centers, such as the Henley Business School and the Centre for Economic and Financial History, provide students with access to cutting-edge research and expert faculty members. Students are encouraged to engage with current academic debates and conduct independent research that contributes to the field of applied economics. Opportunities for collaborative research projects and involvement in ongoing faculty research further enrich the student experience, ensuring that graduates are well-prepared for careers in research or policy analysis.

Industry Engagement: The MSc Applied Economics program at the University of Reading offers strong industry engagement opportunities, providing students with practical experience and insights into the real-world applications of economics. The program benefits from the university’s close links with industry, including partnerships with government agencies, financial institutions, and international organizations. Students have the opportunity to participate in internships, placements, and consultancy projects, allowing them to apply their learning in a professional context. Additionally, guest lectures, seminars, and workshops led by industry professionals offer valuable insights into the latest trends and challenges in the world of economics. This industry-focused approach ensures that students gain the skills and experience necessary to succeed in a competitive job market.

Global Perspective: The MSc Applied Economics program at the University of Reading offers students a global perspective on economics, with a particular focus on international trade, global financial systems, and economic development. The program prepares graduates to analyze economic issues from a global viewpoint, considering the impact of economic policies and decisions on both developed and developing economies. The university’s diverse student body, representing a wide range of countries and cultural backgrounds, enriches the learning experience and provides students with the opportunity to engage with global economic issues from different perspectives. The program also addresses the challenges of global economic integration, sustainable development, and international cooperation, preparing students to work in a range of international settings, whether in government, international organizations, or multinational corporations.

Pollster Education

Location

Reading

Pollster Education

Score

IELTS 6.5

Pollster Education

Tuition Fee

£ 25850

Postgraduate Entry Requirements

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 6.5 or 7.0 with no individual component below 6.0.
  • TOEFL: A minimum overall score of 88.
  • PTE Academic: A minimum overall score of 69.
  • DET Academic: A minimum overall score of 125.
  • Some postgraduate programs may have specific subject prerequisites or additional requirements.

The University of Reading offers a variety of scholarships for international students to support academic excellence and financial needs.

Vice-Chancellor Global Scholarship Award: Merit-based scholarship for high-achieving international students. Covers partial tuition fees for undergraduate and postgraduate programs.

Subject-Specific Scholarships: Offered by individual departments based on academic excellence and course selection. Examples include scholarships in Business, Law, Agriculture, and Science.

Chevening Scholarships: A UK government-funded scholarship for outstanding students from eligible countries. Covers tuition fees, living expenses, and travel costs.

Commonwealth Scholarships: Available for students from Commonwealth nations pursuing a master's or PhD. Covers tuition fees, airfare, and a monthly stipend.

Great Scholarships: A collaboration between the British Council and UK universities. Provides funding of up to £10,000 for postgraduate students from selected countries.

Country-Specific Scholarships: Scholarships tailored for students from specific countries, including India, China, and the USA. Criteria vary based on nationality and academic performance.

Alumni Discount for Postgraduate Students: If you are a University of Reading graduate, you may be eligible for a tuition fee discount for further studies.

Graduates of the MSc Applied Economics program at the University of Reading are well-equipped for a wide range of careers in economics, finance, policy analysis, and consulting. The program provides students with the analytical, quantitative, and problem-solving skills necessary to succeed in these competitive fields. 

Economic Consultant: Graduates can work as economic consultants, providing analysis and advice to businesses, governments, and international organizations. Economic consultants use data and economic models to assess policy proposals, market trends, and business strategies.

Policy Analyst: With a strong focus on public policy, graduates can pursue careers as policy analysts in government agencies, think tanks, or non-governmental organizations (NGOs). They analyze the impact of economic policies, evaluate the effectiveness of government programs, and provide recommendations for policy changes.

Financial Analyst: Graduates can work as financial analysts in banks, investment firms, or multinational corporations. Financial analysts use economic data and financial models to assess market conditions, forecast trends, and guide investment decisions.

Researcher: The MSc Applied Economics program provides a strong foundation for graduates wishing to pursue research careers. Graduates can work in academic institutions, research organizations, or international development agencies, contributing to the field of applied economics through independent research.

International Development Specialist: Graduates interested in global development can work for international organizations, such as the United Nations or World Bank, focusing on economic development, poverty reduction, and sustainable development policies.

Data Analyst: The program’s emphasis on econometrics and data analysis equips graduates with the skills needed to work as data analysts in a variety of industries, including finance, healthcare, and government. Data analysts use statistical tools to interpret data and provide insights for decision-making.

Corporate Strategist: With strong analytical skills and a deep understanding of economic principles, graduates can work as corporate strategists, advising companies on market entry strategies, competitive positioning, and growth opportunities.


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