Mathematical Economics and Econometrics MSc

at University of Edinburgh

The programme is delivered on site at the central campus of the University. The programme covers standard postgraduate level microeconomics, macroeconomics and econometrics, building up from the foundations of these three subjects. Of the 180 credits that comprise the programme, 130 are in these core subjects.
 

There are also opportunities to audit other advanced courses, and to attend workshops in specialised areas. The coursework component is followed by a 50 credit dissertation.
 

Courses are taught by experienced academics based at the University. Many courses are shared with our existing Masters in economics, and some of these are taught by academics from other leading Scottish universities.
 

Core Courses

In October and November, students take Econometrics 1 (20 credits), Macroeconomics 1 (20 credits) and Mathematical Microeconomics 1 (30 credits). In January and February,  students take Econometrics 2, Macroeconomics 2, and Microeconomics 2 (all 10 credit courses). These courses form the core of any leading MSc in Economics, with one exception: one third of Mathematical Microeconomics 1 is devoted to mathematical proofs. Most of these courses are shared with our existing MSc in Economics, which is a collaborative programme taught by academics from across Scotland.
 

In addition to these courses, students form small teams for the Econometrics Project (10 credits), to work on a practical empirical topic using modern econometric techniques. Students form their groups by December and submit their final assessment in March, also attending the 2-day SGPE Annual Residential Conference in January to present on their chosen topic.

A UK 2:1 honours degree with an overall mark of at least 65%, or its international equivalent, in a quantitative subject such as mathematics, physics, engineering, actuarial science, computer science, or a joint degree in economics and one of these subjects*. Your degree must have included a course with content on probability. Relevant experience, or professional or other qualifications will also be considered.
 

You can apply without having a graduate admissions exam result (GRE or GMAT). Your application, however, may be substantially stronger if you do include such a result. We may also stipulate that you must attain a specified grade in one of these tests as a condition of entry if you do not meet the minimum academic entry requirement.
 

If we require you to take either test, we would expect a score of a quantitative reasoning result in the 85th percentile or higher to qualify for a place. We do not formally consider results from the Verbal and Analytical sections in our assessment of your application.
 

English language requirements

You must demonstrate a level of English language competency at a level that will enable you to succeed in your studies, regardless of your nationality or country of residence.
 

English language tests

We accept the following English language qualifications at the grades specified*:

• IELTS Academic: total 6.5 with at least 6.0 in each component.
• TOEFL-iBT (including Home Edition): total 92 with at least 20 in each component. We do not accept TOEFL MyBest Score to meet our English language requirements.
• C1 Advanced (CAE) / C2 Proficiency (CPE): total 176 with at least 169 in each component.
• Trinity ISE: ISE II with distinctions in all four components.
• PTE Academic: total 62 with at least 59 in each component.
• Your English language qualification must be no more than three and a half years old from the start date of the programme you are applying to study, unless you are using IELTS, TOEFL, Trinity ISE or PTE, in which case it must be no more than two years old.

International/EU    
£25,300    
 

International full-time student fees
 

If you are an Overseas/International taught student studying full-time over multiple years, you will:

• not be affected by the annual tuition fee increase
• be charged a fixed annual fee based on your start date

The skills you will learn throughout the programme will also equip you for a career in other areas and professions, including:

• business
• management and consultancy
• overseas development agencies and international institutions
• not-for-profit organisations
• Government departments
• research economists with journals and media agencies