Economics MSc

This program blends rigorous theory with hands-on practice, ensuring students graduate with real-world analytical skills. From econometric modelling to independent research, students work with advanced software and datasets in a collaborative academic environment. The University of Liverpool Management School provides access to specialist labs, digital resources, and expert-led workshops that mirror professional research settings.

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

• Econometrics and Applied Micro/Macroeconometrics Modules: Students use statistical software such as Stata and R to analyse real-world economic data and test policy models.
• 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 the Management School’s Bloomberg Suite: Students can explore financial markets and macroeconomic indicators using industry-standard tools.
• Specialist Economics Library Resources: Full access to databases like 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 Macroeconomic Research and Institute for Financial and Actuarial Mathematics through seminars and events

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 Liverpool supports your career journey:

• Career Services: The Management School’s Career Studio offers personalised support including CV reviews, mock interviews, employer networking events, and access to the Handshake platform for job opportunities.
• Graduate Outcomes: 96% of University of Liverpool 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 Management School collaborates with organisations such as the Bank of England, HM Treasury, and PwC through guest lectures, research seminars, and alumni networks.
• Accreditation Value: Delivered by the AACSB-accredited University of Liverpool Management 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 Liverpool offers doctoral research opportunities through its Management School and affiliated research centres such as the Centre for Macroeconomic Research and the Institute for Financial and Actuarial Mathematics.