MSc Economics and Data Analytics
Data insights are now a crucial part of the modern economy, influencing decision-making in both industry and government. As a result, the way that businesses, consumers, employees, and interest groups interact and make choices has changed. A new, influential economic sector has emerged, where companies collect large amounts of data and use it to create tools that enhance and simplify people's lives while also generating significant profits through targeted advertisements and subscription services.
For economists, these developments in the economy are both exciting and challenging. The significant changes in the economy present opportunities for new research and the need for fresh perspectives on the functioning, design, and regulation of markets. However, the rise of the data-driven economy also presents a challenge to economists, as the traditional tools of microeconomics, macroeconomics, and econometrics may not be sufficient to fully grasp and comprehend how the new economy functions.
What is more, the data-driven economy of the present requires a diverse skill set from our graduates. It is expected that graduates have state-of-the-art data analytics skills as well as a strong foundation in economic principles. In nearly any role within these sectors, these skills are necessary for success.
The MSc in Economics and Data Analytics is a program designed for those who want to gain the in-demand skills needed in today's job market. This program, jointly offered by the UCD School of Economics and the UCD School of Mathematics and Statistics, combines knowledge of human behavior and decision-making from economics with the latest data analytics techniques, such as Data Programming, Machine Learning, and Bayesian Analysis.
You can choose to study full-time or part-time and will receive a strong foundation in both economics and data analytics through core courses. You'll learn from top economists and statisticians, in a blended programme that has both online and in-person modules in small class sizes, and get hands-on experience through workshops and projects. Plus, you'll have opportunities to connect with industry professionals and be a part of the school community through research seminars and more. The programme will help prepare you for a variety of exciting career paths, including graduate studies. In the spring semester, you'll have the choice to select from a variety of elective courses in data analytics, econometrics, and economics. Graduates of this program will be well-prepared for exciting career opportunities in tech, consulting, NGOs or government, and even doctoral studies in economics.
Intakes
- Jan
- May
- Sep
Application Processing Time in Days: 20
Application Process
Minimum English Language Requirements
English Level Description | IELTS (1.0 -9.0) | TOEFL IBT (0-120) | TOEFL CBT (0-300) | PTE (10-90) | |
---|---|---|---|---|---|
Expert | 9 | 120 | 297-300 | 86-90 | |
Very Good | 8.5 | 115-119 | 280-293 | 83-86 | |
Very Good | 8 | 110-114 | 270-280 | 79-83 | |
Good | 7.5 | 102-109 | 253-267 | 73-79 | |
Good | 7 | 94-101 | 240-253 | 65-73 | |
Competent | 6.5 | 79-93 | 213-233 | 58-65 | |
Competent | 6 | 60-78 | 170-210 | 50-58 | |
Modest | 5.5 | 46-59 | 133-210 | 43-50 | |
Modest | 5 | 35-45 | 107-133 | 36-43 | |
Limited | 4 | 32-34 | 97-103 | 30-36 | |
Extremely Limited | < 4 | < 31 | < 93 | < 30 |
Job Opportunity Potential
UCD Careers Network joins the dots between your time at University and your future career
If you are a UCD student based on the Belfield campus, or a recent graduate (up to two years after graduation), you can book a 20 minute 1-2-1 consultation with one of our Belfield based Career & Skills Consultants to:
- talk about your options
- get advice on an application
- prepare for interview
- cover anything else career-related
If you are a Smurfit Graduate School of Business student or recent graduate, you can make a 30 minute consultation appointment with one of the Smurfit Careers Network team, based on the Blackrock campus.
Current and recently graduated, UCD Graduate Researchers (PhDs and Research Masters students), can book a 60 minute appointment with a dedicated Career & Skills Consultant to discuss:
- Individual Career Planning
- Academic and non-Academic Career Options
- Job Applications
- Interviews and Presentations
PSW Opportunity
2 years
Admission Requirement / Eligibility Criteria
Graduate Taught Programmes
The normal requirement is a recognised bachelor’s degree at second class honours, grade one (2:1), or equivalent. Applicants should check the programme specific requirements as some degrees may require a higher standard for entry. For applicants who do not have the required minimum academic entry standard, a year-long qualifying course, such as a Higher or Graduate Diploma, may be available in some cases.
English Language Requirement
Graduate Taught and Graduate Research programmes in UCD are taught in English. Applicants must meet the minimum University English language proficiency requirements. In the case of IELTS Academic Version, a minimum score of 6.5 is required with not less than 6.0 in any strand. Please note, some courses may require a higher standard for entry. Please check the entry requirements of the course that you intend to apply for.
- Course Type: Full Time
- Course Level: Masters/PG Degree
- Duration: 01 Year
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Total Tuition Fee:
21520 EUR
Annual Cost of Living: 10500 EUR
Application Fee: 50 EUR
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