Economics MA (Honours)

4 Years On Campus Bachelors Program

University of St Andrews

Program Overview

The MA (Hons) in Economics at the University of St Andrews provides a rigorous foundation in economic theory, quantitative methods, and real-world economic analysis. It suits students interested in understanding markets, policy, and global economic issues, with preparation for careers in economics, finance, policy, or further academic study.


Curriculum structure

Year 1:
Students are introduced to core economic thinking through modules such as Principles of Economics and Economic Perspectives, alongside quantitative foundations in Mathematics and Statistics for Economists. This year builds basic analytical skills and an understanding of how economic systems function.

Year 2:
The focus shifts to intermediate analysis with modules like Intermediate Microeconomics and Intermediate Macroeconomics, supported by Applied Statistics/Econometrics. Students develop stronger theoretical reasoning and begin applying models to real economic problems.

Year 3:
Students deepen their expertise through advanced options such as Econometrics, International Economics, or Public Economics. This year emphasises empirical analysis, policy evaluation, and independent analytical thinking.

Year 4:
The final year involves honours-level study with specialised modules such as Advanced Microeconomics, Advanced Macroeconomics, or topic-based options, often including a Dissertation or Honours Project. Students demonstrate independent research, critical evaluation, and advanced economic analysis.


Focus areas:
Microeconomics; macroeconomics; econometrics; international economics; public policy; quantitative economic analysis.

Learning outcomes :
Ability to analyse economic problems using theory and data; apply quantitative and econometric methods; evaluate economic policy; conduct independent research; communicate economic arguments clearly.

Professional alignment (accreditation):
Provides strong preparation for careers in economics, finance, consulting, government, policy analysis, and postgraduate study in economics or related disciplines.

Reputation (employability rankings):
The University of St Andrews is consistently ranked among the top UK universities, with economics graduates achieving strong outcomes in finance, policy, research, and postgraduate edu

Experiential Learning (Research, Projects, Internships etc.)

At the MA Economics (Honours) programme at University of St Andrews, you’ll develop practical skills by combining lectures with small-group tutorials and hands-on laboratories — teaching is designed to engage you in individual and group projects, data analysis and independent research from early on. As you progress, you’ll take advanced modules in econometrics and computational economics, generating real-world insights and building the kind of skills that employers value. The programme’s structure ensures that you not only explore theory, but also apply it using dedicated support services and resources, so you are prepared for both professional roles and further study.

The practical opportunities and facilities include:

  • Small-group tutorials and labs deliver the opportunity to work on group projects and live econometric data sets (Year 1-2: tutorials in groups of 15–20; Honours level: labs and tutorials of 10–20 students). 

  • Access to advanced modules such as Computational Economics, Practical Financial Modelling, and Econometrics of Impact Evaluation in Years 3–4, where you deal hands-on with statistical software and apply economic modelling techniques. 

  • Extensive library and IT resources: 90 % of students felt the resources supported their learning well. 

  • Research-led teaching team: You’ll be guided by staff research-active in economics, giving you access to current work, data, and scholarship. 

  • Flexible modular system: In Honours years you may select specialist modules and substitute credits from another subject under advisement — fostering independence and tailored study.

 

Progression & Future Opportunities

Graduates of the University of St Andrews Economics MA (Hons) achieve excellent employability with 90% in employment or further study within 15 months, often securing high-skilled roles in finance, consulting, and public sector amid strong alumni networks. The program's rigorous training in macroeconomics, game theory, and quantitative analysis leads to rapid career progression, with median earnings reaching £59,100 after five years. Many enter prestigious positions in London, Edinburgh, or internationally.​

Typical job roles: Economist, Financial Analyst, Policy Advisor, Investment Banker.​

  • Careers service: dedicated employability workshops, CV coaching, alumni mentoring, and sector-specific networking events​

  • Employment stats: 90% employed/studying at 15 months; median salary £35k rising to £59k at 5 years​

  • Partnerships: finance firms and consultancies for internships, study abroad opportunities​

  • Accreditation value: St Andrews' top NSS rankings and global reputation for enduring economics credentials​

  • Outcomes: 55% finance professionals, business/research roles, public sector​

Further Academic Progression: Graduates can pursue MSc/PhD programs in economics at St Andrews or leading institutions, building on honours dissertation research in areas like behavioural economics or international trade.​

Program Key Stats

£33,250
£9535
£ 29
Sept Intake : 14th Jan


No
No

Eligibility Criteria

ABB - AAA
3.5
36 - 36
93

N/A
N/A
7.5
100

Additional Information & Requirements

Career Options

  • Economist
  • economic consultant
  • financial services analyst
  • management consultant
  • business intelligence analyst
  • research analyst
  • risk analyst
  • policy analyst
  • accountancy professional
  • data analyst
  • market researcher
  • investment analyst
  • government economist
  • central bank analyst
  • academic researcher

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