MSc in Econometrics and Economics

1 Year On Campus Masters Program

University of York

Program Overview

 

This MSc is designed for students who want to master quantitative techniques and apply them to real-world economic problems. It suits graduates with a strong background in economics or mathematics who are aiming for careers in data analysis, economic consultancy, or policy research.


Curriculum Structure

Semester 1 – Core Foundations in Theory and Methods
Students begin with Microeconomic Theory, Macroeconomic Theory, and Econometric Methods, which build a rigorous foundation in economic modelling and statistical analysis. These modules develop the ability to interpret economic behaviour, analyse market dynamics, and apply econometric tools to complex datasets.

Semester 2 – Advanced Applications and Specialisation
Students deepen their expertise through modules such as Applied Microeconometrics, Applied Macroeconometrics, and Time Series Analysis. These units focus on real-world data applications, forecasting, and policy evaluation — preparing students to work with large datasets and deliver evidence-based insights.

Summer Term – Independent Research Project
Students complete a dissertation on a topic of their choice, applying advanced econometric techniques to a real-world economic issue. This capstone project demonstrates their ability to conduct independent research and communicate findings effectively.


Focus areas

Econometrics, microeconomics, macroeconomics, time series analysis, forecasting, policy evaluation, quantitative modelling.


Learning outcomes

Graduates will be able to apply advanced econometric methods, analyse economic data, interpret policy impacts, and communicate technical findings clearly.


Professional alignment (accreditation)

Delivered by the University of York’s Department of Economics and Related Studies — one of the largest economics departments in the UK, known for its quantitative research and policy engagement.


Reputation (employability rankings)

The University of York ranks in the UK Top 20 for Economics (Complete University Guide 2024), and is a member of the prestigious Russell Group. 95% of York postgraduates are in work or further study within 15 months of graduation.

 

Experiential Learning (Research, Projects, Internships etc.)

 

This program is designed to help students apply advanced econometric techniques to real-world data using industry-standard software and research-led teaching. From time series modelling to policy evaluation, students work with large datasets and collaborate in applied learning environments. The Department of Economics and Related Studies — one of the largest in the UK — offers a rich ecosystem for hands-on training and academic growth.

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

  • Econometric Software Training: Students use tools such as Stata, R, and EViews to analyse economic data, run regressions, and forecast trends.
  • Applied Modules: Courses like Applied Microeconometrics and Applied Macroeconometrics include practical assignments using real-world datasets.
  • Time Series Analysis: Students learn to model and interpret dynamic economic processes — a key skill in finance, central banking, and consultancy.
  • Independent Dissertation: A supervised research project using advanced econometric methods to investigate a topic of the student’s choice.
  • Access to York’s Library and Digital Resources: Includes databases like JSTOR, World Bank, and OECD iLibrary, plus support from economics subject librarians.
  • Research Environment: Students benefit from York’s active research centres, including the Centre for Applied Macro-Finance and the Centre for Experimental Economics.
  • Guest Lectures and Seminars: Delivered by academic economists and industry professionals, covering topics like forecasting, policy modelling, and data science.

 

Progression & Future Opportunities

 

Graduates from this program are highly sought after for roles in economic consultancy, financial analysis, government research, and data science. Many go on to work in central banks, international organisations, and private sector firms where econometric modelling and policy evaluation are key. Typical job titles include: Economic Analyst, Econometrician, Policy Advisor, and Quantitative Consultant.

Here’s how York supports your career journey:

  • Careers and Placements Team: Offers tailored support including one-to-one career coaching, employer networking events, CV and interview preparation, and access to York’s Handshake platform for internships and graduate roles.
  • Graduate Outcomes: 95% of York 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 analytical and consultancy roles.
  • Industry Partnerships: The Department of Economics and Related Studies collaborates with institutions such as the Bank of England, HM Treasury, and the Office for National Statistics through research, guest lectures, and alumni networks.
  • Accreditation Value: York is a member of the Russell Group and its economics department is recognised for quantitative research excellence — a long-term asset in competitive job markets.
  • Graduate Destinations: Alumni work in organisations like the UK Civil Service, Deloitte, European Central Bank, and international research institutes.

Further Academic Progression:
Students who wish to continue their academic journey can pursue a PhD in Econometrics, Economics, or Quantitative Policy Analysis. The University of York offers doctoral research opportunities through its Department of Economics and Related Studies and affiliated centres such as the Centre for Applied Macro-Finance and the Centre for Experimental Economics.

 

Program Key Stats

£27,250 (Annual cost)
£12,500
Sept Intake : 28th Aug


Eligibility Criteria

3 or 4 Years

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Additional Information & Requirements

Career Options

  • Communications manager
  •  Economist
  •  Investment officer
  •  Economic researcher
  •  Trainee accountant
  •  Principle economics consultant

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