Economics and Strategy for Business MSc
| Program start date | Application deadline |
| 2024-09-01 | - |
Program Overview
Imperial's MSc Economics & Strategy for Business program blends strategic analysis with contemporary economic theory. Students develop core knowledge in finance, economics, and strategy through a mix of lectures, simulations, projects, and electives tailored to individual interests. With its London location and industry connections, the program equips graduates for careers as specialists within economic and management consulting firms, financial institutions, and beyond.
Program Outline
Degree Overview:
MSc Economics & Strategy for Business is a one-year, full-time program that integrates cutting-edge strategic analysis with contemporary economics. It prepares students for successful careers in specialist economic and management consultancies or financial services. The program is taught by faculty immersed in leading-edge research and business practice in global strategy, economics, digital applications, innovation, and risk management. Students will apply core disciplines in real-world situations through challenging lectures, data analysis, immersive business simulations, real-world consultancy projects, and work placements. The program's London location and ongoing relationships with major employers provide opportunities to meet and network with leading global organizations, allowing students to present themselves with confidence to top companies.
Outline:
Pre-study Modules:
Before the program begins, students complete online pre-study modules delivered through The Hub, Imperial College Business School's virtual learning environment. These modules are available to students who have accepted an offer of admission from July onwards and are designed to provide a basic knowledge of areas covered by the program throughout the academic year.
Core Modules:
The core modules cover essential knowledge in finance, strategy, and economics in the Autumn term, building up to more applied modules in the Spring term.
- Advanced Macroeconomics
- Analytics for Applied Economics and Business
- Business Economics
- Corporate Finance
- Corporate Strategy
- Digital Economics
- Economics and Strategy for Innovation
- Global Business
- Financial Risk, Markets and Instruments
Electives:
Students tailor their experience by choosing two specialist electives and two management suite electives.
Specialist Electives:
- Business Sustainability
- Economics and Banking
- Economics of Healthcare
- Economics of Public Policy
- Energy Business
- Sustainable Finance
Management Suite Electives:
- Consumer Behaviour
- Design Thinking for Innovation
- Family Business
- Geopolitics
- Leading Social Innovation
- Leadership
- Management, Strategy and Innovation in Fintech
- Mergers and Acquisitions
- Negotiating Through Differences
- Private Equity
- Project Management
- Python for Finance
- Strategic Sales Management
- Strategic Marketing
- Venture Capital and Growth Finance
Integrative and Applied Modules:
In the summer, students integrate and apply their knowledge in the Corporate Strategy and Economics Simulation. They also have the opportunity to gain practical experience by completing a Consulting Project, Work Placement, or Case Study.
- Corporate Strategy and Economics Simulation
- Case Study
- Consulting Project
- Individual Research Project
- Work Placement
- Extended Work Placement Students can take an extended (four-six month) internship as part of the program with the approval of the Academic Director. This is particularly relevant for internships in France, Germany, and other European countries that require students to have student status for the duration of their internships.
Assessment:
Teaching and Learning Methods:
- Case studies
- Presentations and seminars
- Group work
- Lectures
- Virtual learning environment
- Lecture recordings
- Practical classes and fieldwork
- Workshops
Assessment Methods:
- Case studies
- Continuous assessments
- Essays
- Formal presentations
- Multiple choice tests
- Participation
- Reports
- Written exams
Teaching:
The program is taught by faculty immersed in leading-edge research and business practice in global strategy, economics, digital applications, innovation, and risk management.
Careers:
The program prepares students for successful careers in specialist economic and management consultancies or financial services. Other potential career paths include energy, telecom, energy, luxury, and marketing.
Other:
Imperial College Business School is among a handful of business schools worldwide to achieve triple accreditation:
- Association of MBAs (AMBA)
- Association to Advance Collegiate Schools of Business (AACSB)
- European Quality Improvement System (EQUIS) The school has also been recognized for its work in tackling gender inequality in higher education with a Bronze Athena SWAN award.
2024 entry Tuition fee £37,000 12 months Extended work placement option £38,500 16 months
Overview:
Imperial College London is committed to achieving excellence in research and education across science, engineering, medicine, and business, aiming to benefit society through its strategic vision. The college leverages its strong disciplinary foundations, collaborative culture, global partnerships, and top-tier ranking to address significant global challenges through its ambitious strategy, "Science for Humanity."
Mission and Values:
Imperial College London's mission is to harness science and innovation for the greater good, focusing on societal impact. The institution emphasizes interdisciplinary collaboration and aims to nurture talent, drive innovation, and tackle global grand challenges. Core values include a dedication to inquiry, precision, and a scientific mindset that drives understanding and transformation.
Unique Approach:
Imperial College London stands out for its commitment to interdisciplinary research and a comprehensive approach to addressing complex global issues. The college's strategy involves creating new cross-institutional Schools of Convergence Science, focusing on climate, AI, health, and space, among other areas. The Imperial Global network will enhance global collaboration to address grand challenges.
Academic Focus:
Imperial College London emphasizes a strong STEMB focus and interdisciplinary research to address complex challenges. The institution fosters connections across various disciplines and sectors to advance scientific knowledge and societal impact.
Student Life:
The college provides an inspiring environment for scientific inquiry and innovation, offering resources and support for students to explore, dream, and ask significant questions. It maintains a culture of discovery and entrepreneurial thinking.
Meaningful Impact:
Imperial College London operates with the agility and forward-thinking of a startup, pursuing breakthrough science with transformative impact. It is recognized as a trusted partner for research and innovation, contributing to the global landscape through its work in London.
Legacy of London:
Situated in a vibrant global city, Imperial College London benefits from London's energy, creativity, and opportunities, reflecting the city's diverse and dynamic character in its global impact.
Entry Requirements:
- Minimum Academic Requirement: First or 2:1 in a discipline such as Economics, Business or Finance, with at least introductory courses in micro- and macro-economics, and knowledge of quantitative topics – in particular calculus, statistics and linear algebra.
- Footnote: GMAT is not required, but a well-balanced GMAT result with 650 or higher overall and a good result in the quantitative reasoning section will add weight to your application. GMAT is highly recommended for candidates from less quantitative degree backgrounds.
- Footnote: You are also required to have a well-researched career plan with clear short and long term goals.
- English Language Requirement: All candidates must demonstrate a minimum level of English language proficiency for admission to Imperial. For admission to this course, you must achieve the higher university requirement in the appropriate English language qualification.
- International Qualifications: We also accept a wide variety of international qualifications. The academic requirement above is for applicants who hold or who are working towards a UK qualification. If you have any questions about admissions and the standard required for the qualification you hold or are currently studying then please contact the relevant admissions team.
Language Proficiency Requirements:
All candidates must demonstrate a minimum level of English language proficiency for admission to Imperial. For admission to this course, you must achieve the higher university requirement in the appropriate English language qualification.
