Program Overview

MSc Applied Economics

The MSc Applied Economics is a postgraduate program designed to equip students with the skills to influence and advise on important decisions in various sectors, including civil service, finance, and health. The program is aimed at those who have studied economics and are looking to focus their knowledge toward practical application, as well as graduates without a degree in economics who wish to pursue a career in this field.

Course Overview

The program covers the foundations of macroeconomic policy and microeconomic analysis, developing the core practical skills in applied economic analysis that are highly valued by employers. Students will learn how to make informed, evidence-based decisions to assess economic situations and the impact of key public policy questions in real-world circumstances.

Features and Benefits

• Triple accredited: The Business School holds the globally recognized trio of accreditations from EQUIS, AACSB, and AMBA.
• Practical application: Develop technical skills to be a professional economist, with a blend of policy and data analysis.
• Real-world focus: Interact and network with employers and undertake a dissertation or an internship with a local partner organization.
• Teaching expertise: Learn from a team of experienced academics and researchers who conduct high-impact research in partnership with public, private, and voluntary sector bodies.
• Rise programme: Eligible to take part in curricular activities with Rise, which might include volunteering, project work, and certifications.
• Location: Manchester is at the heart of innovative new ideas in public policy.

Accreditations, Awards, and Endorsements

• EFMD Quality Improvement System: The Business School holds the EQUIS accreditation.
• Association to Advance Collegiate Schools of Business: Accredited by The Association to Advance Collegiate Schools of Business.
• Business School Impact System (BSIS): The BSIS scheme determines the extent and nature of a business school’s impact upon its local environment.

Year 1

• Core modules:
  • Macroeconomic Policy
  • Microeconomic Analysis
  • Applied Economic Analysis
  • Public Policy Economics
  • Quantitative Modelling
  • Policy Evaluation
  • Dissertation/Final Project
• Option modules:
  • Advanced Finance
  • The Political Economy of Climate Crisis

Study and Assessment

• Full-time: 25% lectures, seminars, or similar; 0% placement; 75% independent study.
• Assessment: 100% coursework; 0% practical; 0% examination.

Entry Requirements

• A UK honours degree – at least a 2:2 – or the international equivalent.
• Overseas applicants require IELTS with an overall score of 6.5 and no less than 5.5 in any category, or an equivalent accepted English qualification.

Fees and Funding

• UK and Channel Island students: Full-time fee: £11,500 per year.
• EU and non-EU international students: Full-time fee: £22,500 per year.
• Additional costs: Optional estimate for textbooks and software: £70.

Careers Support and Prospects

• Employed or in further study: 93.7% of UK-domiciled, full-time, postgraduate taught graduates are employed or in further study 15 months after graduation.
• The course is designed to fulfill the academic requirements of graduate schemes for organizations that recruit into professional economist roles.
• Students are equipped with technical skills highly sought after by employers, ensuring readiness for a career as a professional economist upon graduation.

Your City, Your Community, Your Campus

• Life in Manchester offers an inspiring and welcoming setting for studies.
• The city-centre campus provides modern learning spaces, a lively Students’ Union, and fantastic social hubs and sporting facilities.
• Home to one of the UK’s largest and most diverse student communities, Manchester Met celebrates difference and treats everyone as an individual.