MSc Financial Economics
The MSc Financial Economics program at the University of Birmingham is a rigorous and r...
MSc Economics
Birmingham
INTAKE: September
Program Overview
The MSc Economics at the University of Birmingham offers a dynamic learning experience, designed to provide students with the necessary skills and theoretical insights to understand and address complex economic problems. The program is flexible, allowing students to specialize in various subfields of economics such as international economics, public policy, financial economics, or development economics. The course structure includes a combination of core modules, optional modules, and a dissertation, enabling students to tailor their studies to their specific interests and career ambitions. The program’s combination of academic rigor and practical application equips graduates to excel in various fields, from finance and consultancy to government and international organizations.
Curriculum: The curriculum of the MSc Economics program is designed to provide both breadth and depth in economic theory, analysis, and research. Core modules cover the foundational areas of economics, including microeconomics, macroeconomics, and econometrics, giving students a comprehensive understanding of economic principles and quantitative techniques. Optional modules allow students to specialize in areas such as international trade, development economics, financial markets, public policy, and industrial economics, among others. In addition to the taught modules, the program includes a dissertation component, where students can apply their learning to conduct original research on an economics-related topic of their choice, supported by expert academic supervision. This flexible curriculum ensures that graduates are well-prepared to tackle a wide range of economic challenges.
Research Focus: The MSc Economics program has a strong emphasis on research and applied economics, with a focus on using quantitative methods to analyze economic data and solve real-world problems. Students are introduced to advanced research methodologies, econometric techniques, and data analysis tools, equipping them with the skills necessary for academic research or professional practice. The program encourages students to engage with contemporary economic issues, and through their dissertation work, they have the opportunity to contribute to ongoing economic research. Areas of research within the program include macroeconomics, labor economics, behavioral economics, development economics, and public policy, among others. Students will have access to extensive academic resources and support to help them conduct high-quality research and make original contributions to the field.
Industry Engagement: The MSc Economics program at the University of Birmingham fosters strong connections with industry, providing students with opportunities to gain practical experience and insights from the economic and business sectors. The university has established relationships with global companies, economic consultancy firms, government bodies, and international organizations, offering students the chance to engage with professionals through guest lectures, internships, and collaborative research projects. These industry partnerships help students apply their academic learning in real-world settings, providing valuable networking opportunities and enhancing employability. The program also encourages students to participate in career development activities, including career workshops, employer-led seminars, and access to the university's comprehensive career services.
Global Perspective: The MSc Economics program adopts a global perspective, addressing economic issues that transcend national borders, such as globalization, international trade, economic development, and global financial systems. The program draws on international case studies, research, and data, preparing students to work in global economic environments. The diverse student body, with participants from various countries, allows for cross-cultural learning and exchange of ideas, enriching the overall educational experience. Students are encouraged to explore the impact of global economic forces on local economies and are equipped to work in international settings, whether in multinational corporations, government agencies, international organizations, or non-governmental organizations (NGOs). The global approach to economics enhances the program's relevance and provides students with the skills to navigate the increasingly interconnected world economy.
Location
Birmingham
Score
IELTS 6.5
Tuition Fee
£ 29340
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%-60% 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.
- TOEFL: A minimum overall score of 88, with at least 20 in Listening, 21 in Reading, 22 in Speaking, and 21 in Writing.
- PTE Academic: A minimum overall score of 67 with no individual score below 64.
- 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 meeting the minimum entry requirements does not guarantee admission, as the university considers factors such as availability of places and competition for the program. Additionally, some courses may have higher entry requirements or additional selection criteria, such as interviews or portfolio submissions.
The University of Birmingham offers a range of scholarships and bursaries to support students with their studies.
Academic Scholarships: These are awarded to students who achieve outstanding academic results. The scholarship amount varies depending on the course and level of study.
Sports Scholarships: These are awarded to students who excel in sports. The scholarship covers the cost of tuition fees and accommodation.
International Scholarships: These are awarded to international students who demonstrate academic excellence. The scholarship covers the cost of tuition fees and provides a maintenance allowance.
Subject-specific Scholarships: These are awarded to students studying certain subjects. The scholarship amount and eligibility criteria vary depending on the subject.
The University of Birmingham provides excellent facilities, is highly ranked, and offers a range of scholarships and bursaries to support students.
Graduates of the MSc Economics program from the University of Birmingham are well-equipped to pursue rewarding careers in various sectors.
Economist: Graduates may work as economists in government agencies, financial institutions, or international organizations, analyzing economic trends, conducting research, and providing policy recommendations.
Data Analyst: The program's quantitative focus prepares graduates for roles as data analysts, where they can utilize their strong analytical and statistical skills to derive insights from economic data.
Consultant: Graduates may find opportunities as economic consultants, advising businesses and organizations on economic matters and conducting market research.
Policy Analyst: Some graduates may work as policy analysts, helping shape economic policies in government or non-profit organizations.
Academia and Research: The MSc Economics program also serves as a stepping stone for further academic pursuits, such as a Ph.D. in Economics, leading to research and teaching roles in universities and research institutions.
