Program Overview

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Introduction to the MSc Economics Program

The MSc Economics program at Loughborough University is designed to equip students with a professional understanding of contemporary economic analysis. The program provides up-to-date training in economic concepts and models, as well as econometric and data modeling tools used in current empirical economic investigation.

Qualification(s) Available

• MSc

Fees

• Dependent on start date
• See below for specific fee information

Scholarships Available

• Yes, scholarships are available

Entry Requirements

• 2:2 (55%) or higher in an undergraduate degree in economics, business (with a strong quantitative component), finance, management science, operations research, maths, physics, or engineering
• Applicants from other disciplines will also be considered provided that at least introductory modules in economics and an introduction to quantitative subjects such as calculus and statistics have been studied

Full-time

• 1 year

Part-time

• Not available

Location

• Loughborough

Start Date

• October 2025 or October 2026

Department

• Business and Economics

Program Structure

The MSc Economics program is a full-time master's degree that prepares students for careers in economics, public policy, and business analysis. It is ideal for those with an undergraduate degree in economics and those with an undergraduate degree in other disciplines with a substantial quantitative element who are aspiring to transition into a career as a professional economist.

The Reasons for Studying Economics at Loughborough

1. Professional: This program equips graduates with a professional understanding of the tools and applications of contemporary economic analysis.
2. Tailored: The structure is flexible, allowing students to tailor their studies to their interests and career aspirations.
3. Relevant: This program explores the diverse array of impacts that the economic way of thinking has on our world, emphasizing the application of economic tools and methods.

Pathways

There are three pathways:

• MSc Economics, a broad pathway covering a wide spectrum of topics in economics
• MSc Economics (Sustainable Development), with a focus on economic growth and development, and the economic analysis of the environment
• MSc Economics (Data Science), with a focus on the range of tools of empirical research and analysis used for understanding economic and other real-world problems

Modules

Semester 1

• All pathways:
  • Compulsory modules:
    • Microeconomic Analysis (15 credits)
    • Macroeconomic Analysis (15 credits)
    • Econometric Analysis (15 credits)
  • Optional modules (choose one):
    • Economics of Health and Education (15 credits)
    • International Trade and Global Inequality (15 credits)

Semester 2

• MSc Economics pathway:
  • Compulsory modules:
    • Economic Research: From Conception to Communication (15 credits)
  • Optional modules – data science options (choose one):
    • Data Science and Economic Predictions (15 credits)
    • Data Science and Policy Evaluation (15 credits)
  • Optional modules – sustainable development options (choose one):
    • Economic Welfare in Imperfect Markets (15 credits)
    • Economic Growth and Sustainable Development (15 credits)
  • Optional modules – generalist options (choose one):
    • International Money and Finance (15 credits)
    • The Economics of Sustainability and Net Zero (15 credits)
• MSc Economics (Sustainable Development) pathway:
  • Compulsory modules:
    • Economic Research: From Conception to Communication (15 credits)
    • Economic Welfare in Imperfect Markets (15 credits)
    • Economic Growth and Sustainable Development (15 credits)
  • Optional modules (choose one):
    • International Money and Finance (15 credits)
    • The Economics of Sustainability and Net Zero (15 credits)
• MSc Economics (Data Science) pathway:
  • Compulsory modules:
    • Economic Research: From Conception to Communication (15 credits)
    • Data Science and Economic Predictions (15 credits)
    • Data Science and Policy Evaluation (15 credits)
  • Optional modules (choose one):
    • International Money and Finance (15 credits)
    • The Economics of Sustainability and Net Zero (15 credits)

Summer

• All pathways:
  • Optional modules (choose one):
    • Consultancy Project (60 credits)
    • Dissertation in Economics (60 credits)

Assessment

• Combination of exams and group and individual coursework

Study Methods

• Lectures
• Seminars
• Tutorials
• Independent study
• Group work
• Workshops
• Practical sessions

Facilities

• Spacious study areas
• Latest audio-visual equipment
• 'LB Hub' in the Business School for study, collaboration, and relaxation

Entry Requirements by Country

• See the provided table for country-specific entry requirements

English Language Requirements

• Applicants must meet the minimum English language requirements
• Further details are available on the International website

Fees and Funding

• Fees for the academic year:
  • UK fee: £12,500 (full-time degree per annum)
  • International fee: £25,500 (full-time degree per annum)
• Fees for the academic year:
  • UK fee: £12,900 (full-time degree per annum)
  • International fee: £26,300 (full-time degree per annum)
• Scholarships and bursaries are available to help with funding

Your Development

• Develop critical digital and interpersonal skills through the co-curricular program
• Build in-demand data skills to excel in the modern business world
• Access to cutting-edge resources from the platform 'DataCamp'

Our Academics

• List of academics with their research interests and teaching subjects

Your Future Career

• Graduate in a strong position to launch your career as a professional economist
• Potential career paths:
  • Economist
  • Business Analyst
  • Business Systems Analyst
  • Credit Analyst
  • Insurance Broker
  • Motor Risk Pricing Analyst
  • Risk Specialist
• Employers of graduates include:
  • Alibaba
  • AlphaSights
  • Energies and Utilities Alliance
  • Global Media and Entertainment
  • Lumon Pay
  • Ministry of Finance, Planning and Economic Development
  • Saga plc

Related Master's Degrees

• Finance and Management MSc
• Finance MSc
• Finance and Global Trading MSc
• Accounting and Finance MSc