Program Overview
Program Overview
The University of Bath offers an online MSc in Applied Economics, providing students with the foundational macro- and microeconomic theory, applied econometrics skills, and quantitative tools necessary to succeed in economics careers.
Career Prospects
Graduates of the Applied Economics program can pursue various roles, including:
- Applied economist
- Civil servant
- Analytical consultant
- Financial analyst/director
- Investment banker
- Risk analyst
- Loan manager
- Data miner
Career Impact
The program helps students develop hands-on experience with skills and tools required in today's jobs. According to Burning Glass, top Applied Economics roles posted by UK employers include financial manager and financial analyst, with a combined total of 2,888 openings. The total UK market demand for AE-related positions grew 65% between 2020 and 2021.
Program Structure
The Applied Economics course encourages online communication and interaction through discussion forums. Students study alongside peers from around the world, representing over 56 countries. The program allows students to build their network and make lifelong connections.
Skills Learned
The program helps students develop:
- Soft business skills (critical thinking, writing, communication, and presentation)
- Advanced quantitative analysis skills
- Proficiency in quantitative data analysis software tools (Stata and R)
- Ability to apply cutting-edge tools and methodologies to high-stakes economic situations
- Sound business decision-making skills
Career Development
The University of Bath provides services to support students' career development, including:
- CV improvement
- Job placement
- Networking opportunities
- 1:1 faculty support
Real-World Expertise
The program focuses on practice in genuine banking and finance contexts, providing students with the tools to solve real-world economics challenges and preparing them for high-level careers in the UK and internationally.
Faculty and Research
Students work closely with an applied economics faculty member on their master's project. The faculty brings advanced economics research theory and knowledge to the online student experience, providing an ideal career reference.
Alumni Testimonials
Alumni have praised the program for its platform to learn from peers and share experiences, with connections forged in and outside the classroom proving lucrative.
Career Spotlight
The program highlights various career paths, including:
- Risk Analyst: Verifies customer information, follows up on missing data, and assesses data from credit bureaus, financial statements, credit reports, and other organizations.
- Investment Banker: Serves as a liaison between companies seeking to raise revenue and individuals or entities wishing to invest capital.
- Economist: Advises businesses and government organizations on taxes, industry statistics, energy consumption, transportation, trading, and other relevant topics.
Employers
Online Applied Economics MSc students have been employed by leading UK and international organizations, including:
- World Bank
- Bank of England
- Royal Bank of Scotland
- HSBC
- TSB
- UK Government
- ANZ Bank
- Barclays
- Deloitte
- Accenture
- HMRC
- JP Morgan Chase & Co.
