MSc Economics

1 Year On Campus Masters Program

University of Birmingham

Program Overview

The MSc Economics at the University of Birmingham is a dynamic, one-year program designed for ambitious students ready to tackle real-world economic challenges. It blends rigorous theory with practical application, preparing you for careers in policy, research, or industry, with the flexibility to specialise in areas like Behavioural, Development, or Environmental Economics.

Curriculum structure

Year 1 (Full-time MSc)
In the autumn term, you’ll build a strong foundation in core economic theory and quantitative methods. Modules like Microeconomics, Macroeconomics, and Econometrics sharpen your analytical skills and prepare you to interpret complex economic data. These are taught by leading economists who connect theory to current global issues.

In the spring term, you’ll deepen your expertise through advanced modules such as Applied Econometrics, Economic Policy and Analysis, and your chosen specialisation — whether that’s Behavioural and Experimental Economics, Development Economics, or Environmental and Natural Resource Economics. This is where you tailor your learning to your career goals.

The summer term is all about applied research. You’ll complete a dissertation or a practical research project, working closely with faculty and potentially industry partners. This hands-on experience is a launchpad for PhD study or high-impact roles in government, consultancy, or finance.

Focus areas

Behavioural and Experimental Economics, Development Economics, Environmental and Natural Resource Economics

Learning outcomes

Advanced economic analysis, policy evaluation, quantitative modelling, and research design for real-world impact

Professional alignment (accreditation)

Triple-crown accredited by AACSB, AMBA, and EQUIS — placing Birmingham Business School among the global elite

Reputation (employability rankings)

Ranked among the UK’s top universities for graduate employability, with strong industry links and a thriving financial sector in Birmingham

 

Experiential Learning (Research, Projects, Internships etc.)

At the University of Birmingham, the MSc Economics program doesn’t just teach theory — it immerses you in real-world practice. From day one, you’ll engage with cutting-edge tools, industry-relevant research, and collaborative projects that sharpen your skills for the workplace. The program is housed within Birmingham Business School, a triple-accredited institution, and benefits from the university’s strong ties to government, finance, and policy sectors. You’ll work with real data, use professional software, and access facilities designed to support advanced economic analysis.

Here’s how experiential learning comes to life in this program:

  • Summer Research Project: Apply your learning in a hands-on dissertation or research project, often linked to real policy or industry challenges
  • Specialist Software: Training in econometric and statistical tools such as STATA and R, essential for data analysis and policy modelling
  • Group Work and Presentations: Collaborative assignments and peer-led seminars develop communication and teamwork skills
  • Access to the Alan Walters Building: A modern facility dedicated to economics and finance, with seminar rooms, breakout spaces, and Bloomberg terminals
  • University Library System: Includes the Main Library and the Orchard Learning Resource Centre, offering extensive economics databases and journals
  • Birmingham Business School Career Services: Tailored support for internships, placements, and employer networking events
  • Triple-Crown Accredited School: Ensures global recognition and industry alignment, with opportunities to engage with top employers in Birmingham’s financial district

 

Progression & Future Opportunities

Graduates of the MSc Economics at the University of Birmingham step into the world with advanced analytical skills and a strong grasp of economic policy, making them highly sought after across sectors. Whether you’re aiming for government, finance, consultancy, or international development, this program opens doors to impactful roles. Typical career paths include: Economic Analyst, Policy Advisor, Data Consultant, and Research Economist.

Here’s how Birmingham supports your future success:

  • Careers in Business Team: Offers tailored support including CV workshops, mock interviews, and employer networking events specifically for economics students
  • Graduate Outcomes: 89% of postgraduates from Birmingham Business School are in professional-level employment or further study within 15 months (Graduate Outcomes Survey 2020/21)
  • Average Salary: Economics postgraduates from Birmingham earn a median salary of £33,000 within 15 months of graduation
  • Industry Connections: Strong links with HM Treasury, Bank of England, Deloitte, PwC, and regional policy bodies — many alumni work in these organisations
  • Triple Accreditation: The Business School’s AACSB, AMBA, and EQUIS accreditations ensure global recognition and long-term career value
  • Birmingham’s Economic Research Institutes: Opportunities to engage with the Centre for Regional Economic and Social Research and the Institute for Global Innovation

Further Academic Progression:
If you’re considering a PhD or further research, this MSc provides a robust foundation. Many graduates continue into doctoral study in economics or related fields, either at Birmingham or other top institutions, supported by the university’s research centres and supervision expertise.

 

Program Key Stats

£31,500 (Annual cost)
£16,110
Sept Intake : 28th Aug


60 %

Eligibility Criteria


N/A
N/A
N/A
N/A
6.5
88
2:1
1400
25

Additional Information & Requirements

Career Options

  • Economic Development Officer
  • Diplomatic Foriegn Service Agent
  • Economist
  • International Trade Economist
  • Political Attache
  • Political Advisor

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