Program Overview

Introduction to the Applied Economics (Banking and Financial Markets) Online MSc

The University of Bath offers an online MSc in Applied Economics (Banking and Financial Markets), designed for mid-career professionals seeking to advance their skills in economics and gain a competitive edge in banking or finance. This program is the first of its kind in the UK, providing students with the qualitative skills and industry-leading knowledge necessary to make sound business decisions.

Quick Course Facts

• Minimum Duration: 2 years 6 months
• Start dates: January, May, and September
• Study Type: 100% online
• Entry requirements: Typically, a first or second-class bachelor's honors degree or international equivalent in a social science or business-related discipline.
• Cost per 10 credits: £722.3; the total cost of this 180-credit course is £12,996.3, with a 10% alumni discount available.

Career Impact

The online master's in Applied Economics is designed to equip students with the quantitative tools, methodology, and know-how required to be a strategic economist who can apply theory to solve real-world problems. Graduates can pursue various roles, including applied economist, civil servant, analytical consultant, financial analyst, investment banker, and risk analyst. According to Burning Glass, job postings related to Applied Economics increased by 65% across the UK between 2020 and 2021, indicating a high demand for professionals with these skills.

Learning Outcomes

Upon completion of the program, students will be able to:

• Analyse, interpret, and critically evaluate economic data and research
• Apply principles to respond to economic and policy issues
• Design and implement their own research projects
• Use micro- and macro-economics to guide strategic decision-making
• Develop the necessary mathematical, statistical, and econometrics skills
• Acquire research skills to support future commercial or doctoral research

Why Choose the University of Bath

The University of Bath is ranked the #2 best university for Accounting & Finance in the UK by the Complete University Guide 2026. The program is taught by published researchers at the Department of Economics, ensuring that studies are fueled by the latest thinking in economic theory, econometrics, and finance. The approach combines theoretical approaches with real-world case studies and interactive exercises, providing students with the skills and confidence to apply what they have learned into practice after graduation.

Entry Requirements

• Qualifications: Typically, a first or second-class bachelor's honors degree or international equivalent in a social science or business-related discipline.
• International students: If the first language is not English, an IELTS grade of at least 6.5 overall and no less than 6.0 in any of the four parts is required.
• Other requirements: Evidence of suitability for the degree may be considered for applicants with a 2:2 honors degree or its international equivalent.

Course Structure

The MSc in Applied Economics online course features a unique three-phase course structure:

1. Part one provides an overview of economics and economic theories.
2. Part two helps build the applied economist toolkit within the areas of banking and finance.
3. Part three, the master's project, allows for independent research on an economics topic relevant to career goals.

Awards and Rankings

The University of Bath has received several awards and rankings, including being ranked 2nd for Accounting and Finance by The Complete University Guide 2026 and 3rd by The Times and The Sunday Times Good University Guide 2026.

Faculty and Research

The program is led by experienced faculty members, including Dr. Simona Montagnana, Director of Studies for the online MSc Applied Economics, who has a PhD in Economics of Production and Development and research interests in economic development, industrial organization, and public policy.