MSc Economics

1 Years On Campus Masters Program

University of Southampton

Program Overview

The MSc Economics at Southampton offers rigorous training in economic theory, quantitative methods, and applied policy analysis — ideal for students aiming to shape decisions in government, finance, or international organisations. You’ll study core economic principles while developing advanced skills in econometrics, forecasting, and strategic thinking.


Curriculum Structure

Semester 1
Students begin with foundational modules that sharpen their analytical and technical skills. Microeconomic Theory, Macroeconomic Theory, and Econometric Theory provide a strong base in modelling and data interpretation, while Mathematics for Economists ensures fluency in quantitative reasoning.

Semester 2
The second semester deepens applied expertise through modules like Applied Econometrics, Forecasting, and Development Economics. These units explore real-world policy challenges, global economic trends, and advanced data techniques — preparing students for roles in research, consultancy, and policy.

Summer (Dissertation)
Students complete an independent research project under expert supervision, applying theoretical and empirical methods to a focused economic question. This dissertation showcases their ability to conduct original analysis and communicate findings with clarity and impact.


Focus areas

Microeconomics, macroeconomics, econometrics, forecasting, development economics.

Learning outcomes

Students will graduate with advanced skills in economic modelling, data analysis, and policy evaluation — ready to apply these in government, finance, or consultancy.

Professional alignment (accreditation)

Delivered by Southampton Business School, accredited by AACSB — a global mark of excellence recognised by employers worldwide.

Reputation (employability rankings)

Southampton ranks in the UK Top 20 for Economics (Complete University Guide 2024) and is a founding member of the Russell Group, known for research excellence and graduate employability.

 

Experiential Learning (Research, Projects, Internships etc.)

 

Students in the MSc Economics program at Southampton gain practical skills through hands-on data analysis, forecasting exercises, and exposure to real-world policy challenges. The curriculum is designed to integrate theory with application, supported by specialist software, collaborative projects, and access to cutting-edge research facilities. Southampton’s strong research culture and digital infrastructure ensure students are well-prepared for careers in policy, finance, and consultancy.

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

  • Specialist Software: Students use econometric tools such as Stata and EViews in modules like Applied Econometrics and Forecasting, developing advanced data modelling and interpretation skills.
  • Group Projects & Presentations: Modules like Development Economics and Macroeconomic Theory include collaborative assignments that simulate policy evaluation and strategic analysis.
  • Southampton Business School Facilities: Access to modern seminar rooms, computer labs, and dedicated postgraduate study spaces designed to support research and collaboration.
  • Hartley Library: One of the UK’s leading academic libraries, offering extensive digital and print resources in economics, finance, and policy.
  • Digital Learning Environment: Use of Blackboard for coursework, feedback, and access to datasets, academic journals, and simulation tools.
  • Research-led Teaching: Delivered by academics involved in active research, ensuring students engage with current debates and methodologies in economics.

 

Progression & Future Opportunities

 

Graduates from Southampton’s MSc Economics program are well-prepared for high-impact roles in government, finance, consultancy, and international organisations. With advanced training in econometrics, forecasting, and policy analysis, students typically progress into careers such as: economic analyst, financial consultant, policy advisor, and research economist.

Here’s how Southampton supports your next steps:

  • Careers and Employability Service: Offers tailored support including one-to-one career guidance, employer events, and access to MyCareer — a platform for internships, graduate roles, and networking opportunities.
  • Graduate Outcomes: 96% of Southampton postgraduates are in employment or further study within 15 months of graduation (HESA Graduate Outcomes 2020/21).
  • Industry Connections: Southampton Business School collaborates with organisations such as IBM, PwC, and the Bank of England, enhancing curriculum relevance and career exposure.
  • Global Accreditation: The Business School is accredited by AACSB — a prestigious mark of quality recognised by employers worldwide.
  • Salary Potential: Economics graduates from Southampton consistently earn competitive salaries, especially in roles involving data analysis, policy, and financial strategy.

Further Academic Progression:
Students can pursue doctoral research in economics, finance, or public policy — either at Southampton 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.

 

Program Key Stats

£32,500 (Annual cost)
Sept Intake : 26th Aug


Eligibility Criteria

3 Year

N/A
N/A
N/A
N/A
6.5
100
2:1

Additional Information & Requirements

Career Options

  • Econometric analysts in public or private sector
  • Central banks
  • Financial supervision authorities
  • International aid organisations

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