The MSc Economics is a specialist masters degree designed to provide you with rigorous training in theoretical and applied economics. This degree is ideal for those planning a career as a research economist in academia, the public sector, international institutions, economic consulting, the financial industry, think tanks, or other research centres.
Unique features of the MSc in Economics are:
- Degree provides a solid grounding in modern economics.
- Comprehensive two-semester sequences in macroeconomics, microeconomics, and econometrics that cover the essential models and tools used by research economists.
- Training in relevant mathematical and statistical methods and how to conduct, assess, and supervise both theoretical and applied research in the field.
- Teaching in industrial organisations and competition policy by expert economists from Frontier Economics.
- Opportunity to obtain a one month paid internship at Frontier Economics, and a cash prize for outstanding achievement.
- Possibility to continue to the MRes Economics programme upon successful completion of the MSc, which provides the option to go on to doctoral study in the School.
- A large number of generous scholarships available for academically outstanding students.
This Economics masters degree will develop your economics expertise to the highest level.
Why study your MSc in Economics at Queen Mary?
The School of Economics and Finance is one of the top Economics schools in the country, with particular expertise in economic theory, econometrics and finance, and applied economics. We have published research in virtually all the top economics journals. In the REF 2014, the School of Economics and Finance was ranked among the top ten in the country for research power.
Our excellent reputation and high rankings along with our close proximity to London's political and financial centre have allowed us to develop close links with some of the top names in the key policy institutions and the banking and financial industry. Top partnerships include the Bank of England the HM Treasury, the World Bank, Frontier Economics, Goldman Sachs, and many others.
The MSc Economics is currently available for one year full-time study. You will take three core modules, plus one option in the first semester and three core modules, plus one option in the second semester. The pre-semester modules in maths and statistics take place in September. They are especially designed for students who want to review concepts such as statistical distributions and matrix algebra.
- Macroeconomics A
- Microeconomics A
- Econometrics A
- Macroeconomics B
- Microeconomics B
- Econometrics B
- Time Series Analysis
- Corporate Finance
- Financial Econometrics
- Labour and Public Policy
- Advanced Asset Pricing and Modelling
- Empirical Microeconomics
- Industrial Organisation
- Development Economics
- Advanced Corporate Finance
- Empirical Macroeconomics
Tel: +44 (0)20 7882 7298
For informal academic enquiries, please contact:
Tel: +44 20 7882 5885
You should have an upper second class honours degree (2:1), or international equivalent, normally (though not necessarily) in economics or a related field. A good basic knowledge of relevant statistical theory and mathematics is also necessary.
If your first language is not English, you must provide evidence of your English language proficiency - 6.5 IELTS or equivalent is required.
Students from outside of the UK help form a global community here at Queen Mary. For detailed country specific entry requirements please visit the International section of our website. If your first language is not English, you must provide evidence of your English language proficiency. You can find details on our English language entry requirements here: www.qmul.ac.uk/international/languagerequirements
If you do not meet language or scholarly requirements it might be possible for you to undertake a pre-masters or pre-sessional programme that will prepare you for the masters programme. For more information, please contact the Admissions Office.
If you are unable to find the information you require, please contact the Admissions Office for assistance.
Learning and teaching
As a student at Queen Mary, you will play an active part in your acquisition of skills and knowledge. Teaching is by a mixture of formal lectures and small group seminars. The seminars are designed to generate informed discussion around set topics, and may involve student presentations, group exercise and open discussion. We take pride in the close and friendly working relationship we have with our students. You are assigned an Academic Adviser who will guide you in both academic and pastoral matters throughout your time at Queen Mary.
There is also a lively range of reading groups and seminars arranged by Queen Mary and the School of Economics and Finance that you can attend to complement your studies.
For every hour spent in formal classes you will be expected to complete further hours of independent study. Your individual study time could be spent preparing for, or following up on formal study sessions; reading; producing written work; completing projects; and revising for examinations.
The direction of your individual study will be guided by the formal study sessions you attend, along with your reading lists and assignments. However, we expect you to demonstrate an active role in your own learning by reading widely and expanding your own knowledge, understanding and critical ability.
Independent study will foster in you the ability to identify your own learning needs and determine which areas you need to focus on to become proficient in your subject area. This is an important transferable skill and will help to prepare you for the transition to working life.
The grade for each module is assessed through coursework, which counts for 25 per cent of the final marks, along with a written exam in May for each course unit which counts for 75 per cent.
The 10,000 word dissertation written over the summer counts for four modules.
Tuition fees for Home and EU students
Tuition fees for International students
There are a number of sources of funding available for Masters students.
These include a significant package of competitive Queen Mary bursaries and scholarships in a range of subject areas, as well as external sources of funding.
Queen Mary bursaries and scholarships
We offer a range of bursaries and scholarships for Masters students including competitive scholarships, bursaries and awards, some of which are for applicants studying specific subjects.
Read more about funding a masters
Alternative sources of funding
Home/EU students can apply for a range of other funding, such as Professional and Career Development Loans, and Employer Sponsorship, depending on their circumstances and the specific programme of study.
Overseas students may be eligible to apply for a range of external scholarships and we also provide information about relevant funding providers in your home country.
Detailed information about postgraduate funding options is available in our Postgraduate Funding Guide (pdf).
Read more about funding a masters.
Tel: +44 (0)20 7882 5079
Other financial help on offer at Queen Mary
We offer one to one specialist support on all financial and welfare issues through our Advice and Counselling Service, which you can access as soon as you have applied for a place at Queen Mary.
Our Advice and Counselling Service also has lots of Student Advice Guides on all aspects of finance including:
- Postgraduate Funding (pdf)
- Planning your budget and cutting costs (pdf)
- Part-time and vacation work (pdf)
Tel: +44 (0)20 7882 8717
Careers and employability
Our masters programmes aim to produce fully trained, professional economists and finance experts who are ready to join a dynamic international community.
Our programmes lead to excellent career prospects and our graduates work in a variety of careers. Some apply their degree knowledge directly in international finance, economist or research roles. The transferable skills gained through the programmes, such as analysis, business awareness and data-handling, enable our graduates to work in sectors beyond those directly related to their degree. These include government roles and consultancy. The skills gained through our programmes – coupled with opportunities for extra-curricular activities – have enabled our students to move into careers at home and around the world, such as:
- Analyst, Citigroup
- Data Analyst, Bloomberg
- Analyst, Morgan Stanley
- Case Officer, Financial Ombudsman Service
- Economic Analyst, Central Bank of Chile
- Investment Associate, Standard Chartered, China
- Management Consultant, PwC, Malaysia
- Trainee Accountant, KPMG
Our Careers and Enterprise Centre is run by professional careers staff and is there to help you prepare for life after university. We can help you to hunt for the perfect job with weekly workshops in job recruitment and selection methods – especially tailored to economics and finance students. You will also have access to mock assessment centres, practise psychometric tests and job interview/application workshops. In many of these workshops you will receive the guidance of experienced finance industry recruiters.
Dedicated School Careers Consultant and Internships Co-ordinator
The Careers Programme for the School is managed by a dedicated Careers Consultant with a background in the banking industry. You can meet, email or Skype the Careers Consultant and benefit from individual support on any career topic both in term-time and in vacations.
The dedicated Internships Co-ordinator for the School actively engages with employers to increase the number and range of opportunities for which you can apply.
We have a year-round range of postgraduate careers activities. The Focus on Finance month – four weeks of employer-led events, business games and workshops – is designed to equip you with a knowledge of possible job options and how best to apply. It also offers networking opportunities with representatives (including alumni) from recruiters and provides you with the chance to meet many banking and finance organisations on campus.
- Bank of England
- Chartered Institute of Insurance
- Morgan Stanley
Links to industry
Our academics and City practitioners also work in well-recognised financial institutions. This gives you opportunities to network and gain vital knowledge of how your masters study relates to commercial practice.