MSc Applied Economics

1 Year On Campus Masters Program

University of Bath

Program Overview

 

The MSc Applied Economics at Bath is designed for students who want to use economic theory and data to solve real-world problems in business, policy, and development. It suits graduates from economics or related disciplines who are keen to sharpen their analytical skills and apply them to practical challenges across sectors.


Curriculum Structure

Semester 1: Core Economic and Quantitative Foundations
Students begin with Microeconomics, Macroeconomics, and Econometrics, gaining a solid grounding in economic modelling, policy analysis, and statistical techniques. These modules build the foundation for understanding market dynamics, macroeconomic trends, and empirical research.

Semester 2: Applied and Specialist Training
In the second semester, students choose from optional units such as Applied Policy Analysis, Development Economics, Industrial Organisation, and International Economics. These modules allow students to tailor their learning to areas like global development, competition policy, or international trade.

Summer Term: Independent Research Project
Students complete a supervised Applied Economics Dissertation, applying theoretical and empirical tools to a topic of their choice. This is an opportunity to explore areas such as inequality, labour markets, or policy evaluation using real-world data and econometric methods.


Focus areas

Microeconomics, macroeconomics, econometrics, policy analysis, development economics

Learning outcomes

Students graduate with the ability to apply economic theory, conduct empirical research, and evaluate policy and business decisions using quantitative tools

Professional alignment (accreditation)

Delivered by the Department of Economics, the program aligns with professional standards in consultancy, policy analysis, and economic research

Reputation (employability rankings)

The University of Bath ranks 6th for Economics in the UK (Guardian University Guide 2024) and is consistently recognised for graduate employability and industry engagement

 

Experiential Learning (Research, Projects, Internships etc.)

 

Students in Bath’s MSc Applied Economics program develop practical skills through hands-on econometric modelling, policy analysis, and independent research. The Department of Economics integrates real-world data, digital tools, and collaborative learning into its teaching, supported by modern facilities and strong industry engagement.

Here’s how the program brings theory into practice:

  • Training in Stata and R, embedded in modules like Econometrics and Applied Policy Analysis, for advanced data analysis and policy evaluation
  • Group-based coursework and presentations that simulate professional roles in consultancy, development, and policy advisory
  • Access to the University of Bath Library, including Bloomberg terminals and digital databases such as JSTOR, ScienceDirect, and OECD iLibrary
  • Use of the Virgil Building, a dedicated postgraduate hub offering quiet study spaces, group rooms, and career development support
  • Supervised Applied Economics Dissertation, where students apply quantitative tools to topics such as inequality, labour markets, or trade policy using real-world datasets
  • Engagement with the Institute for Policy Research (IPR) and departmental seminars, connecting students with researchers and practitioners in economics and public policy

 

Progression & Future Opportunities

 

Graduates from Bath’s MSc Applied Economics are equipped to tackle complex economic challenges across public policy, consultancy, finance, and development. Common career paths include policy analyst, economic consultant, data analyst, and research economist. The program’s emphasis on applied skills and quantitative analysis ensures strong employability across sectors.

Here’s how Bath supports your career journey:

  • The Careers Service provides tailored postgraduate support, including one-to-one coaching, employer networking events, and access to the Bath Connection alumni mentoring platform
  • According to the Graduate Outcomes Survey, 93% of Bath postgraduates are in professional work or further study within 15 months of graduation
  • The Department of Economics collaborates with the Institute for Policy Research (IPR) and external partners, offering exposure to real-world policy projects and guest lectures
  • The program’s alignment with professional standards in policy evaluation and economic consultancy ensures long-term career value
  • Graduates have progressed to roles in government departments, think tanks, international organisations, and PhD programs at top institutions

Further Academic Progression:
This MSc provides a strong foundation for doctoral study in economics, public policy, or development. Bath offers PhD opportunities through its Department of Economics and the Institute for Policy Research, and graduates are well-prepared for funded research programs across the UK and internationally.

 

Program Key Stats

£28,900 (Annual cost)
£ 60
Sept Intake : 6th Aug


60 %

Eligibility Criteria

3 Year

N/A
N/A
N/A
N/A
6.5
90
2:2
1220
26

Additional Information & Requirements

Career Options

  • Financial Analyst
  • Economist
  • Investment Banker
  • Risk Analyst
  • Financial Consultant
  • Policy Advisor
  • Economic Researcher
  • Portfolio Manager
  • Credit Analyst
  • Treasury Analyst
  • Corporate Finance Analyst
  • Economic Consultant
  • Banking Associate
  • Asset Manager
  • Financial Planner
  • Tax Advisor
  • Financial Auditor
  • Wealth Manager
  • Actuary
  • Compliance Officer
  • Economic Development Specialist
  • Public Sector Economist
  • and Data Analyst
  •  

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