MSc Civil Engineering and Management
The MSc Civil Engineering and Management program at the University of Nottingham provid...
MSc Economics and Econometrics
University Park Campus
INTAKE: September
Program Overview
The MSc Economics and Econometrics at the University of Nottingham provides students with a strong foundation in microeconomics, macroeconomics, and econometrics, offering them a thorough understanding of economic modeling, data analysis, and policy evaluation. The course prepares students for advanced roles in research, consultancy, and policy analysis by focusing on both theoretical and applied econometrics. Students will learn how to use sophisticated econometric models and statistical tools to analyze and interpret economic data. Graduates will gain the ability to forecast economic trends, assess policy impacts, and contribute to critical decision-making processes in a variety of sectors such as government, finance, and consulting.
Curriculum: The program offers a robust curriculum that incorporates both theoretical and practical aspects of economics and econometrics. Core modules typically include Microeconomic Theory, Macroeconomic Theory, Econometrics, and Applied Econometrics. Students will be introduced to key econometric techniques such as regression analysis, time series analysis, and panel data modeling, with a focus on their application to real-world economic problems. The program also includes advanced courses in computational economics, data analysis, and policy evaluation. Students will gain proficiency in econometric software such as STATA, R, and EViews, and develop a strong understanding of the statistical techniques that are fundamental for econometric modeling. To complete the program, students undertake a dissertation or research project that allows them to apply their skills to a specific economic or econometric problem.
Research Focus: The MSc Economics and Econometrics program places significant emphasis on research, particularly in the application of econometric methods to current economic issues. Students will engage with the university's ongoing research in areas such as labor economics, health economics, environmental economics, and development economics. The program provides a comprehensive understanding of how econometrics can be used to analyze economic phenomena such as market behavior, economic inequality, and the effectiveness of policy interventions. Faculty members are actively involved in cutting-edge research, and students have the opportunity to work alongside them, contributing to academic projects and gaining exposure to real-world econometric applications.
Industry Engagement: The University of Nottingham boasts strong links with the economics and finance industries, providing students with numerous opportunities for industry engagement. The university organizes guest lectures, seminars, and workshops, often led by professionals from sectors such as banking, consulting, government, and research institutions. These events allow students to gain insights into the practical applications of econometrics and economics in the workplace. Furthermore, the university supports students in securing internships and placements with leading firms, giving them hands-on experience in applying econometric methods to solve industry-specific challenges. This practical exposure significantly enhances students' employability and ensures that they are well-prepared for careers in economic research, data analysis, and policy advising.
Global Perspective: The MSc Economics and Econometrics program offers a global perspective by examining economic issues on an international scale. Students will explore how global markets, trade policies, and international financial systems impact national economies. The program’s focus on applied econometrics enables students to analyze global economic trends, such as those related to international development, climate change, and global financial crises. The University of Nottingham attracts a diverse group of students from around the world, creating a rich cultural environment that fosters cross-cultural learning and networking opportunities. Moreover, the university’s global research collaborations allow students to engage with international economic debates and challenges, enhancing their understanding of economics in a global context.
Location
University Park Campus
Score
IELTS 6.5
Tuition Fee
£ 26250
Postgraduate Entry Requirements: For admission into postgraduate programs at the University of Nottingham, international students are generally required to meet the following criteria:
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Academic Qualifications: Students should have completed a bachelor's degree or its equivalent with a minimum of 60% or above in their country's grading system. The specific entry requirements may vary depending on the chosen program of study. Some programs may have additional subject-specific requirements or prerequisite knowledge.
- 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 90, with at least 17 in Listening, 17 in Reading, 20 in Speaking, and 18 in Writing.
- PTE Academic: A minimum overall score of 72 with no individual score below 65.
- 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.
Scholarships for International Students at the University of Nottingham:
International Excellence Scholarship: The University of Nottingham offers the International Excellence Scholarship to high-achieving international students. This scholarship is merit-based and provides a tuition fee reduction of up to £4,000 for postgraduate students.
Developing Solutions Scholarships: The Developing Solutions Scholarships are targeted at students from developing countries. These scholarships cover full tuition fees and provide additional support for living expenses. The aim of these scholarships is to empower students from disadvantaged backgrounds and enable them to make a positive impact in their home countries.
Sports Scholarships: The university recognizes the importance of sports and offers Sports Scholarships to exceptional athletes. These scholarships provide financial support to talented sportsmen and sportswomen, helping them balance their sporting commitments with their academic studies.
Nottingham Global Scholarships: The Nottingham Global Scholarships are awarded to outstanding international students across various academic disciplines. These scholarships provide financial assistance in the form of a tuition fee reduction.
Research Scholarships: The University of Nottingham offers a range of scholarships specifically for international students pursuing research degrees (Ph.D. or MRes). These scholarships provide funding to cover tuition fees and living expenses, allowing students to focus on their research projects.
Country-Specific Scholarships: The university also offers scholarships specifically tailored to students from certain countries. These scholarships may be based on academic merit, leadership potential, or specific criteria defined by the sponsoring organizations or governments.
Alumni Scholarships: The University of Nottingham values its alumni and offers scholarships exclusively for students who have completed a previous degree at the university. These scholarships provide financial support for further studies at the university.
It's important to note that scholarship availability, eligibility criteria, and application deadlines may vary from year to year.
Graduates of the MSc Economics and Econometrics program from the University of Nottingham are well-prepared to pursue diverse and impactful career paths.
Economic Analyst: Graduates can work as economic analysts, applying econometric techniques to analyze economic data and provide insights.
Econometrician: Equipped with strong quantitative skills, graduates can work as econometricians, developing and applying econometric models to inform economic decision-making.
Policy Advisor: Graduates can work as policy advisors, contributing to evidence-based policy formulation and evaluation using econometric analysis.
Quantitative Researcher: Many graduates choose to pursue research roles, conducting quantitative research that advances economic understanding and informs policy decisions.
Financial Analyst: Graduates can work in the financial sector, using econometric methods to analyze market trends and assess investment opportunities.
Academic Pursuits: Graduates can pursue further academic studies or teaching positions, sharing their expertise in economics and econometrics with future generations.
