MSc in Economics

1 Years On Campus Masters Program

University of Exeter

Program Overview

 

The MSc Economics at Exeter is designed for students who want to master advanced economic theory and apply it to real-world policy and business challenges. It suits graduates from economics or related disciplines who are ready to deepen their analytical skills and explore areas like behavioural economics, finance, and development.


Curriculum Structure

Semester 1 – Core Economic Foundations
Students begin with Microeconomics, Macroeconomics, and Econometrics, gaining a solid grounding in economic theory and quantitative analysis. These modules develop the ability to model individual and market behaviour, understand macroeconomic policy, and work with real-world data using statistical tools.

Semester 2 – Applied Economics and Specialisation
This semester allows students to tailor their learning through optional modules such as Behavioural Economics, Development Economics, Financial Economics, and Economics of Banking. These modules explore how psychology influences decision-making, how economies grow and evolve, and how financial systems operate.

Summer Term – Dissertation
Students complete an independent research dissertation under expert supervision, applying theoretical and empirical methods to a topic of their choice. This final project showcases their ability to conduct rigorous economic analysis and communicate findings effectively.


Focus areas

Microeconomics, macroeconomics, econometrics, behavioural economics, development economics, financial economics, banking.


Learning outcomes

Graduates will be able to apply economic theory to policy and business contexts, analyse complex datasets, evaluate economic interventions, and communicate insights clearly.


Professional alignment (accreditation)

Delivered by the University of Exeter Business School, which holds EQUIS and AMBA accreditation — recognised globally for academic and professional excellence.


Reputation (employability rankings)

The University of Exeter ranks in the UK Top 15 for Economics (Complete University Guide 2024), and 95% of postgraduates are in work or further study within 15 months. The Business School’s strong industry links and research-led teaching enhance graduate outcomes.

 

Experiential Learning (Research, Projects, Internships etc.)

 

This program is designed to help students apply economic theory to real-world problems using advanced tools and collaborative learning. From econometric modelling to independent research, students work with specialist software and datasets in a research-intensive environment. The University of Exeter Business School provides access to cutting-edge facilities, digital platforms, and expert-led workshops that mirror professional practice.

Here’s how students gain practical experience throughout the year:

  • Econometrics and Applied Modules: Students use software such as Stata and R to analyse real-world data and conduct policy simulations.
  • Independent Dissertation: A supervised research project where students apply theoretical and empirical methods to a topic of their choice, often using live datasets.
  • Group Work and Case-Based Learning: Modules include collaborative tasks that simulate policy analysis and business decision-making.
  • Access to Bloomberg Terminals: Students can explore financial markets and macroeconomic indicators using industry-standard tools.
  • Specialist Library Resources: Full access to Exeter’s digital databases including JSTOR, EconLit, and OECD iLibrary, plus support from subject librarians.
  • Workshops and Guest Lectures: Delivered by academic researchers and industry professionals, covering topics like economic policy, forecasting, and consultancy.
  • Research Centres: Opportunities to engage with the Centre for Economic Research and Institute for Data Science and Artificial Intelligence through seminars and events.

Progression & Future Opportunities

 

Graduates from this program are equipped to work as professional economists, policy analysts, and financial consultants across public and private sectors. Many go on to roles in government departments, central banks, international organisations, and economic research firms. Typical job titles include: Economic Analyst, Policy Advisor, Financial Economist, and Research Consultant.

Here’s how Exeter supports your career journey:

  • Career Zone Services: Students benefit from tailored support including career coaching, employer events, CV and interview workshops, and access to the Handshake platform for internships and graduate roles.
  • Graduate Outcomes: 95% of University of Exeter postgraduates are in work or further study within 15 months of graduation.
  • Salary Figures: Economics graduates from Russell Group universities report average starting salaries of £30,000–£35,000, with strong progression in consultancy and finance roles.
  • Industry Partnerships: The Business School collaborates with organisations such as the Bank of England, PwC, and the Office for National Statistics through guest lectures, research seminars, and alumni networks.
  • Accreditation Value: Delivered by the EQUIS- and AMBA-accredited University of Exeter Business School — a global benchmark of excellence recognised by employers.
  • Graduate Destinations: Alumni work in institutions like the UK Civil Service, European Central Bank, Deloitte, and the World Bank.

Further Academic Progression:
Students who wish to continue their academic journey can pursue a PhD in Economics, Econometrics, or Public Policy. The University of Exeter offers doctoral research opportunities through its Business School and affiliated research centres such as the Centre for Economic Research and the Institute for Data Science and Artificial Intelligence.

 

Program Key Stats

£26,900 (Annual cost)
£14,900



68 %

Eligibility Criteria

3 or 4 Years

N/A
N/A
N/A
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6.5
90
2:1
1350
28

Additional Information & Requirements

Career Options

  • Economist
  • Governmental departments
  • Personal financial advisor
  • Operations research analyst

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