Economics (MSc)

at University of Warwick

Our MSc will appeal to you if you have a strong background in the subject and wish to gain advanced and rigorous training in modern economics, as preparation for a career as a professional economist or analyst.

You will receive advanced teaching in the core areas of macroeconomic and microeconomic theory, econometrics and research methods, and you will also be able to choose from a wide portfolio of optional modules.

An 8,000-word dissertation provides an opportunity to explore your own interests across these fields of study. You will be automatically enrolled on a pre-sessional Mathematics and Statistics programme to equip you with the relevant methodological skills you need to succeed.

By the end of the course, you will be able to read and understand research papers and articles in academic journals, build theoretical models, and initiate empirical research and evaluate its findings.

Core modules

The following basic structure applies to the MSc Economics:

An online Pre-sessional Mathematics and Statistics course for the first two weeks. You will need a computer with good internet access to allow for this period of online study.

• Microeconomics A
• Macroeconomics A

or

• Microeconomics B
• Macroeconomics B

These modules will develop your understanding of advanced economic analysis, with more applied versions (A) or more technical/theoretically orientated versions (B). As a guide, we expect students opting for the B versions of Microeconomics and Macroeconomics to have obtained the equivalent of a First class mark (70%) in their undergraduate studies, though we will consider a request to take a B variant even if that prerequisite is not met.

• Quantitative Methods: Econometrics A

or

• Quantitative Methods: Econometrics B

Econometrics A covers fundamental econometrics research skills and Econometrics B will supplement the development of these key and fundamental professional skills by looking at more advanced topics.

Three option modules
A dissertation
Students need to have previously completed undergraduate courses in microeconomics, macroeconomics and econometrics/economic statistics at an intermediate level. The MSc Economics is a quantitative degree and students will need to be competent in several areas of mathematics. All students attend a short pre-sessional mathematics and statistics course before the term starts.

Core and optional core modules

• Microeconomics A and Macroeconomics A OR Microeconomics B and Macroeconomics B
• Quantitative Methods: Econometrics A OR Quantitative Methods: Econometrics B

Dissertation

Optional modules
Optional modules can vary from year to year. Example optional modules may include:

• Behavioural Economics
• Labour Economics
• Development Economics
• Topics in Applied Macroeconomics
• Topics in Global Finance
   

Minimum requirements

2:i undergraduate degree (or equivalent) specialising mainly in economics. This means you should have achieved a good standard in undergraduate courses in microeconomics, macroeconomics and econometrics/ economics statistics at an intermediate level.

We also expect a good standard achieved in mathematics taken at undergraduate level.

English language requirements

• Band A
• IELTS overall score of 6.5, minimum component scores not below 6.0.
   

The University carries out an initial fee status assessment based on information provided in the application and according to the guidance published by UKCISA. Students are classified as either Home or Overseas Fee status and this can determine the tuition fee and eligibility of certain scholarships and financial support.

If you receive an offer, your fee status will be stated with the tuition fee information, however we are awaiting guidance from the UK government regarding fee status for EU, other EEA and Swiss nationals and their family members living in the UK for academic year 2021/22 onwards. We are not able to confirm the fee status for these students until the relevant eligibility criteria have been confirmed. Once we have received further information from the UK government, we will provide you with an update on your fee status and let you know if any additional information is required. If you believe your fee status has been incorrectly classified you can complete a fee status assessment questionnaire (follow the instructions in your offer) and provide the required documentation for this to be reassessed.
 

 

Graduates from our Master’s courses have gone on to work for employers including:

• Bank of America
• Bank of China
• China Merchants Bank
• Citibank
• Deloitte
• EY
• European Central Bank
• Frontier Economics
• HM Treasury
• HSBC
• IMF
• KPMG
• World Trade Organisation

They have pursued roles such as:

• Economists
• Analysts
• Consultants
• Researchers
• Business and financial project management professionals
• Chartered and certified accountants
• Actuaries
• Statisticians
• Quality assurance and regulatory professionals

 

Our department has a dedicated professionally qualified Senior Careers Consultant offering impartial advice and guidance together with workshops and events throughout the year. Previous examples of workshops and events include:

• Careers in Economics Webinar Series
• Careers in Economics Event
• Investment Banking Uncovered
• Warwick careers fairs throughout the year
• Mock Assessment Centre workshops
• Manage Your Digital Identity and Use LinkedIn Effectively