Study

MSc Economics

 

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If you're interested in studying this course then join our webinar in November 2016 where you can find out more.

 

Qualifications and durations

  • Full-time MSc (1 year)
  • Part-time MSc (2 years, allowing three months for the final dissertation*).

*At the discretion of the Director of Studies, part time students may be able to have an extension of three months (giving a total of six months for the dissertation and an overall total registration period of 27 months). Students extending into their 3rd academic year may be liable for a pro-rated continuation fee.

Overview

The MSc Economics course is a twelve-month taught course that provides rigorous training in the main theoretical and empirical aspects of economics.

The course is designed to provide a foundation for a career as a professional economist or for study towards a PhD in economics.

A strong emphasis is placed on the core areas of microeconomics, macroeconomics and econometrics. However, you also have the opportunity to choose optional modules in a wider range of areas, including financial economics, growth theory and environmental economics.

Research skills are developed throughout the course, especially during the dissertation, which you work on over the summer under the supervision of a member of staff.

A special aspect of our course is a dedicated unit in research methods, which provides extensive training in a range of software packages, including EViews, Stata and Matlab.

By the end of the course, you will be able to:

  • analyse economic and financial data and critically evaluate existing research
  • understand the key issues surrounding major economic debates and contribute to these
  • apply economic concepts to specific economic and social policy questions
  • formulate an original research question and write in an academic manner

We limit student numbers on this course to ensure a collegial atmosphere and a high degree of interaction between students and lecturers.

Our MSc courses in economics have received high student satisfaction levels:

  • in the 2015 Postgraduate Taught Experience Survey, 94% of students agreed that their course had enhanced their academic ability
  • in the University of Bath’s 2015 Alumni Survey, 97% of economics graduates agreed that they were proud of their connection to the University of Bath

You can find more about this course by viewing our webinar.

Course structure

Core units

  • Macroeconomic Theory
  • Microeconomic Theory
  • Econometric Theory
  • Advanced Economic Theory
  • Econometric Methods
  • Quantitative Methods
  • Research Methods in Economics and Finance

Optional units

  • International  Monetary Economics
  • Welfare, Economies & Distributive Justice
  • Environmental Regulation
  • Financial Economics
  • Growth Theory
  • Environmental Valuation & Resource Economics

The final third of the course comprises a dissertation.

View Programme & Unit Catalogue for further information (this is the current structure of the course).

Careers

Graduates of the course have excellent employment prospects. While some progress on to doctoral study, many of our recent graduates have gone on to prestigious jobs around the world, including:

  • Economic Advisor (UK Department for Education)
  • Chief Analyst (Enterprise Lithuania)
  • Principal Case Officer (Competition and Markets Authority in London)
  • Senior Tax Consultant (KPMG in Kazakhstan)
  • Investment Manager (private equity company in Prague)
  • Director, Regional Sector Research (Emirates NBD Global Markets and Treasury Department in Dubai)

Entry requirements

Academic requirements

Typically, a 1st or 2:1 Honours degree (or its international equivalent) in either economics or an appropriate quantitative subject (such as engineering, computer science, mathematics or physics).

You are expected to have obtained marks in the range of a 1st or 2:1 (or equivalent) in at least five units/modules, comprising microeconomics and econometrics (or statistics), and three other quantitative units such as macroeconomics, calculus, matrix algebra, data analysis, game theory, operational research, probability, or financial engineering. These modules should preferably have been taken in your final two years of study.

English Language requirements

  • IELTS 6.5 (with no less than 6.0 in each of the four components)
  • PTE Academic of 62 with no less than 59 in any component

Certificates must be dated to within two years of the start of the course of study.

There is further information about meeting the English requirements.

If you wish to improve your English proficiency before commencing your studies, pre-sessional language training can be arranged through the Academic Skills Centre.

You may be eligible for a combined offer to include both pre-sessional English 5 (PS5) and the master’s degree.

References

Two references are required. At least one of these must be an academic reference.

How to apply

You must apply to study through the Faculty of Humanities & Social Sciences Graduate School.

Financial information

Costs

Potential sources of funding

Deadlines

We suggest you apply before the following dates:

  • 30 June 2017 for International Students (who need to apply for a UK Visa)
  • 31 August 2017 for Home/EU students
  • funding deadlines for studentships and scholarships

Contact

Email: economics-pgt-admissions@bath.ac.uk
Tel: +44 (0)1225 38 3144

Related links

Department of Economics research

Our research activities cover all the mainstream fields of Economics. A combination of active strategy and natural evolution has led to the development of these groups:

In addition to these Research Clusters, we have also been involved with Health Economics, Contemporary Global Politics, and History of Economic Thought research.

 

Economics at Bath

The Department of Economics has a strong international research reputation in mainstream economics. The department has attracted substantial funding for its work on, for example, Environmental Economics.

We are ranked 8th for Economics in the Complete University Guide 2017.