1. University of Edinburgh
  2. Program
  3. Bachelors
  4. MA Economics with Management Science

MA Economics with Management Science

4 Years On Campus Bachelors Program

University of Edinburgh

Program Overview

This interdisciplinary programme combines the study of economics with fundamental management science modelling techniques and applications. It provides a comprehensive understanding of both subjects, preparing students for technical careers in areas such as business or financial analysis and insurance, or for graduate study in economics or management science. Ranked in the UK's top 10 universities for economics in the QS World University Rankings by Subject 2025.

The program integrates economic theory with applied quantitative and management science training, progressing in depth and specialization across four years:

Year 1: Students begin with Economics 1, gaining a foundation in micro and macroeconomic principles. This is complemented by a flexible set of optional courses, allowing exploration across disciplines.

Year 2: The focus shifts to Economics 2 and Statistical Methods for Economics, providing intermediate-level theory and quantitative techniques. Students also take Business Analytics and Information Systems and choose between Principles of Finance or Business Economics, along with one elective.

Year 3: Core honours-level modules include Topics in Microeconomics, Topics in Macroeconomics, Essentials of Econometrics, and Applications of Econometrics. In parallel, students study Management Science and Operations Analytics and select one additional honours-level course from either economics or business.

Year 4: The final year emphasizes independent research through the Honours Dissertation. Students also choose between Mathematical Programming in Advanced Analytics or Decision Analytics, and complete three further advanced options—two in economics and one in business.

Teaching Methods

  • Lectures: Provide foundational knowledge and theoretical frameworks.
  • Seminars: Encourage in-depth discussions and critical analysis of topics.
  • Tutorials: Offer personalized guidance and clarification of complex concepts.
  • Workshops: Focus on practical applications and collaborative problem-solving.
  • Web-based Learning: Utilize online platforms for supplementary materials and interactive learning experiences.​
  • Peer-Assisted Learning Scheme (PALS): Helps first-year students adapt to university with academic support, study tips, and peer-led mentoring.

Assessment Methods

  • Examinations: Test comprehension of core concepts and analytical skills.
  • Coursework: Includes problem sets, essays, project reports, and presentations to assess continuous learning and application.
  • Honours Dissertation (Year 4): An independent research project that demonstrates the ability to conduct in-depth analysis on a chosen topic.​

 

Experiential Learning (Research, Projects, Internships etc.)

The program emphasizes experiential learning through:

  • Undergraduate Research: All students undertake an honours dissertation. The Sponsored Dissertations scheme pairs top-performing students with external organizations to research live economic challenges, developing professional analytical skills.

  • Study Abroad Opportunities: Many students spend a semester or year abroad in Year 3 at partner institutions in Europe, the USA, or globally, enhancing their international perspectives and cultural understanding.

  • Internships and Work Experience: Students receive robust support in securing internships and part-time professional roles through the University’s Careers Service. Internship placements often include finance, consulting, government, or research roles, significantly enhancing employability.

Student Societies and Co-curricular Activities Students engage with active societies such as:

  • Economics Society (EconSoc): Offers academic events, panel discussions, networking, career workshops, and special interest groups like EconWomen, sports activities, and publications.

  • Edinburgh University Trading and Investment Club (EUTIC): Provides practical experience in trading, investment strategies, and managing a student-run fund.

  • 180 Degrees Consulting: Allows students to undertake pro-bono consulting for non-profits and social enterprises, gaining valuable real-world experience.

  • Additional skills workshops provided by the Edinburgh University Students’ Association (EUSA) offer training in communication, leadership, teamwork, and presentations.

Progression & Future Opportunities

Career Outcomes: Graduates of Edinburgh’s Economics program enjoy strong career outcomes, with 96% employed or pursuing further studies shortly after graduation. Alumni pursue diverse careers in finance, economic consulting, government, policy institutions, international organizations, accountancy, business management, and non-profit sectors. Financial institutions frequently recruit from Edinburgh due to its rigorous quantitative training.

Career Support and Resources: The University offers comprehensive career services, including personalized support from a dedicated Economics Careers Consultant, workshops, career fairs, and ongoing alumni support for up to two years post-graduation.

Graduate Employers and Further Prospects Edinburgh Economics graduates secure positions at prominent global firms, including Ernst & Young, Deloitte, PwC, Accenture, Goldman Sachs, and KPMG, typically in roles such as analysts and consultants. Graduates also find opportunities in central banks, government agencies, and think tanks. Many pursue postgraduate degrees (MSc or PhD) at Edinburgh or other top institutions, facilitated by the program's robust research training.

Further Study Opportunities

After completing the MA (Hons) Economics with Management Science, graduates may progress to:

  • Master’s Degrees in Economics, Finance, Management Science, or related fields
  • Postgraduate Diplomas/Certificates for professional development
  • PhD Programs for academic or research careers
  • Second Undergraduate Degrees to explore new academic areas

Program Key Stats

£28,000
£ 29
Sept Intake : 14th Apr


10 %

Eligibility Criteria

A*AA
3.3
39
80

N/A
N/A
6.5
92

Additional Information & Requirements

Career Options

  • Management Consultant – Use data and economic theory to improve business operations
  • Operations Research Analyst – Solve decision making problems using optimization models
  • Business Strategist – Develop strategies for growth based on economic modeling
  • Supply Chain Analyst – Optimize production and logistics using quantitative tools
  • Economic Analyst – Apply economics to internal management decisions and planning
  • Data Analyst – Interpret large datasets for efficiency and performance improvement
  • Corporate Planning Associate – Guide long term organizational decisions using forecasting
  • Policy Modeler – Create simulations of organizational outcomes and interventions
  • Quantitative Business Analyst – Apply math and economic tools in consulting or industry
  • Project Manager – Lead complex initiatives informed by economics and systems thinking
  • Entrepreneur – Launch data driven ventures in consulting logistics or tech
  • Academic – Teach or research decision theory management and economics
  • Product Analyst – Use analytics to align product strategy with economic insights
  • Performance Analyst – Track and improve key performance indicators in organizations
  • Financial Planner – Use management science to optimize financial outcomes for firms

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