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The MA (Hons) Economics program at Heriot-Watt University provides students with a thorough understanding of economic theories and their practical applications. The curriculum is designed to develop analytical and quantitative skills essential for addressing contemporary economic issues, preparing graduates for careers in sectors such as financial services, management, and public service
Year 1: Introduction to Economics | Mathematics and Statistics for Economics | Management in a Global Context | Critical Academic Skills
Year 2: Intermediate Microeconomics | Intermediate Macroeconomics | Quantitative Methods | Sustainable Business
Year 3: Advanced Microeconomic Theory | Advanced Macroeconomic Theory | Econometrics | Optional courses: Development Economics | International Economics | Environmental Economics
Year 4: Economics Dissertation | Experimental Economics | Applied Economic Policy Evaluation | Advanced Topics in Microeconomics and Macroeconomics
Learning and assessment methods
The program employs a variety of teaching methods, including lectures, seminars, and tutorials. Assessments are conducted through a combination of examinations, coursework, group projects, and presentations, ensuring a comprehensive evaluation of students' understanding and skills.
Heriot-Watt University's Economics program has achieved notable rankings:
Bloomberg Suite Access: Students use real-time financial data via Bloomberg Terminals at Edinburgh Business School to simulate trading, analyze markets, and complete the Bloomberg Market Concepts certification.
I-SPHERE Research Internships: Opportunities to work on policy-focused research projects, such as housing inequality or poverty.
Example: Intern researched race/ethnicity in homelessness data.
Industry Placements: Paid and credit-bearing work placements arranged with employer partners (often in finance, consulting, policy roles).
Research Opportunities: Students can assist in faculty-led research or apply for summer economics and social sciences internships.
Employability outcomes and statistics: An impressive 95% of Heriot-Watt students are in employment or further study within six months of graduation. Heriot-Watt University has been recognized for producing the highest percentage of CEOs and Managing Directors in the UK, reflecting the strong leadership qualities instilled in its graduates.
On-campus recruitment or placement services: The university's Careers and Employability Service offers extensive support, including career fairs, workshops, and one-on-one guidance, to assist students in securing employment and internships.
Career support and services offered by the university: Beyond individual advising, the Careers Service provides resources such as job listings, CV workshops, and interview preparation sessions, ensuring students are well-prepared for the job market.
Top 10 in the UK and 2nd in Scotland by the Guardian League Table 2025.15 months after graduating, 85% of our MA Economics students are employed, 5% are continuing their studies, and 5% are both studying and working.The average salary of our MA Economics students 15 months after graduating is £30,000.Economist – Analyze economic data and trends to advise governments or private firmsInvestment Banking Analyst – Support large financial transactions such as mergers or stock offerings through in-depth financial modelingData Analyst or Data Scientist – Interpret large datasets using tools like Python or R to guide business strategyActuary – Use mathematics and economics to assess risk in insurance pensions or financial servicesManagement Consultant – Help organizations solve operational and strategic problems to improve performanceFinancial Analyst – Evaluate company financials and market trends to support investment or budgeting decisionsPolicy Analyst – Research and evaluate economic and social policies for think tanks or public sector bodiesEconometrics or Statistical Analyst – Apply quantitative techniques to test theories and forecast economic outcomesChartered Accountant – Provide financial reporting tax planning and auditing services for businesses or individualsEconomic Researcher – Conduct academic or applied research on economic issues for universities NGOs or global institutionsMarketing Analyst – Study consumer behavior and market data to guide pricing promotion and product decisionsFinancial Risk Analyst – Identify and measure risks in banking investment or corporate finance environmentsInternational Development Analyst – Work on poverty reduction economic growth and policy reform projects globallyCentral Banker – Contribute to financial regulation monetary policy and economic stability in national or international banksEntrepreneur – Launch businesses in sectors like fintech edtech or consulting using economic knowledge to solve real-world problems
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Heriot Watt University Edinburgh
