MSc Economics

Students in the MSc Economics program at Sheffield develop practical skills through hands-on econometric modelling, policy analysis, and exposure to global development challenges. The program is delivered by active researchers and supported by digital tools, collaborative projects, and access to specialist facilities. With a strong emphasis on applied economics, students engage with real-world data and policy simulations throughout their studies.

Here’s how experiential learning is built into the student journey:

• Specialist Software: Students use tools like Stata and R in modules such as Applied Microeconometrics and Econometric Methods, gaining proficiency in data analysis and statistical modelling.
• Group Projects & Presentations: Modules like Behavioural Economics and Development Economics include collaborative assignments that simulate policy evaluation and strategic decision-making.
• Digital Learning Environment: Use of Blackboard for coursework, feedback, and access to datasets, academic journals, and simulation tools.
• University of Sheffield Library: Access to extensive digital and print collections, including economic journals, working papers, and statistical databases.
• Research-led Teaching: Delivered by academics involved in active research through the Sheffield Economic Research Paper Series and the Department of Economics.
• Dedicated Study Spaces: Postgraduate students benefit from quiet study zones and seminar rooms within the Faculty of Social Sciences.

Graduates of Sheffield’s MSc Economics program are equipped to lead in roles that demand analytical depth, policy insight, and data fluency. With advanced training in microeconomics, econometrics, and development economics, students typically progress into careers such as: economic analyst, policy advisor, research economist, and behavioural consultant.

Here’s how Sheffield supports your next steps:

• Careers Service: Offers tailored support including one-to-one career guidance, employer events, and access to Career Connect — a platform for internships, graduate roles, and networking opportunities.
• Graduate Outcomes: 96.5% of Sheffield postgraduates are in employment or further study within 15 months of graduation (HESA Graduate Outcomes 2020/21).
• Industry Connections: The Department of Economics collaborates with organisations such as the Bank of England, HM Treasury, and the Department for International Development, enriching the curriculum with real-world relevance.
• Global Accreditation: Delivered by a Russell Group university, recognised for research excellence and employer reputation across the UK and internationally.
• Salary Potential: Economics graduates from Sheffield consistently earn competitive salaries, especially in roles involving policy analysis, consultancy, and data-driven strategy.

Further Academic Progression:
Students can pursue doctoral research in economics, development studies, or behavioural science — either at Sheffield or other leading institutions. The program’s strong emphasis on quantitative methods and applied research makes it an excellent foundation for PhD study or specialised postgraduate research.