Universities United Kingdom Northumbria University Courses MSc Applied Economics

MSc Applied Economics
at Northumbria University

Newcastle, United Kingdom

Tuition Fee £ 20,950
Country Rank#43
Duration12 Months
Score IELTS: 6.5

Program Overview

Northumbria University MSc Applied Economics provides advanced training in economic theory and its practical applications. This course is designed for students who want to develop expertise in analysing and addressing real-world economic issues faced by businesses, governments, and organisations.

The curriculum covers core economic principles, quantitative methods, and specialised topics such as international economics, labor economics, environmental economics, and economic policy analysis. Students gain a deep understanding of microeconomic and macroeconomic theories, econometric modeling techniques, and their applications in various sectors.

Aspect	Details
Course Name(s)	MSc Applied Economics
Course Length	12 Months
Entry Requirements	Language proficiency: IELTS 6.0 overall (no component below 5.5) or equivalent Acceptable Level 3 qualifications: A levels T Levels BTEC Diplomas/Extended Diplomas Scottish Highers
Fees	£19,000/yr
Intake	September

Course Content
- The MSc Applied Economics programme covers core modules in advanced microeconomic theory, macroeconomic theory and policy, quantitative methods for economics, and research methods for economics.
- Students study specialised topics like international economics, labor economics, environmental economics, and economic policy analysis.
- The curriculum also includes modules focused on econometric modeling and data analysis techniques used in empirical economic research.
- Students have the opportunity to develop practical skills through case studies, research projects, and dissertation work.
- The programme emphasises the application of economic theories and quantitative methods to real-world economic issues faced by businesses, governments, and organisations.
Important Dates

Ahead of the enrollment period, the educational institution starts its application process and advises prospective students to gather all required documents in advance. Students are urged to regularly check the website for announcements regarding the commencement of applications. Seeking help from UniScholars can also assist students in efficiently beginning their application process.
Entry Requirement
55% (52% from Delhi/Mumbai/Pune Universities) for ONE YEAR courses requiring a 2:2.
60% (60% includes Delhi/Mumbai/Pune Universities) for ONE YEAR courses requiring a 2:1 .
60% (60% from Delhi/Mumbai/Pune Universities) for ALL TWO YEAR courses requiring a 2:2 or a 2:1 .

Fees & Scholarships

International Tuition Fees:

£20950 per year

Career Prospect

Graduates of the MSc Applied Economics programme can pursue careers in various fields, including economic consultancy, policy analysis, financial services, research and development, and academia. They can find employment opportunities in government agencies, international organisations, think tanks, research institutes, financial institutions, and private consulting firms. The programme's focus on practical applications and quantitative skills also makes graduates suitable for roles in data analysis, market research, and business intelligence.

Job Prospects	Economic Consultancies (Providing analysis and advice to businesses and organisations) Government Agencies (Policy analysis, forecasting, and economic research) International Organisations (Economic development, trade, and policy advisory roles) Financial Institutions (Investment analysis, risk management, and market research)
Average Salary	£25,000 - £30,000/yr
Designations	Economic Analyst Policy Advisor/Researcher Financial Analyst Econometrician Data Analyst Economic Consultant Market Research Analyst

Cost Of Studying At Northumbria University

Interest rates as low as 8.9% ^*

250K+

Students Assisted

800Cr+

Loan Amount Disbursed

5000+

Loans Sanctioned

Check Loan Eligibility

MSc Applied Economics at Northumbria University