MSc Applied Economics
The MSc Applied Economics focuses on developing your technical and analytical skills alongside your practical experience of how these skills are used to solve real-world economic problems and inform decision-making in a variety of environments. This unique feature sets it apart from other degrees in economics.
You will gain knowledge and an understanding of the core principles of economic analysis, and the experience in how to apply them.
You will acquire skills in economics, data analysis and modelling techniques, as well as key transferable skills in leadership, project management, problem solving, communication and negotiating that are sought after by employers.
The programme has been designed in consultation with key employers of our graduates, as well as the business, consulting and policy communities for the aspiring professional economist. This means that what you learn on the course is exactly what employers look for when recruiting new economists.
The Department of Economics is the home of the Fraser of Allander Institute, a leading independent economic research institute. Besides teaching several classes, the institute is able to offer at least three scholarships and summer internships each year.
Through our link with the institute, you will have a unique opportunity to engage with staff working at the cutting edge of applied economics research, industry engagement and policymaking. There will also be opportunities to publish articles on the Fraser of Allander Institute's blog and in the quarterly Fraser of Allander Institute Economic Commentary report
The practitioner seminar series within our Professional Development for Economists class provides you with opportunities to learn from senior figures in business, consultancy and government about the key economic issues of the day and their own journey to the top of their chosen career. Many of the speakers are our own graduates.
Intakes
- Sep
Application Processing Time in Days: 14
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
Graduate employers not only ask for a degree qualification, they expect job applicants to bring a range of skills that they have gained outside of their studies, e.g. through work experience, volunteering, part-time jobs. Strathclyde University Careers Service will be happy to help you to prepare for your future graduate career once you become a member of Strathclyde University.
At some stage we all make choices about the career path we will follow. We can help you with this process if:
- You are unsure where to start,
- You have no idea of the career that would suit you,
- You have some vague ideas but need support to think them through,
- You need help finding more information
It is never too early to start thinking about your future career. We're happy to work with you from first year, throughout your degree and beyond graduation - at whatever stage you’ve reached in your thinking.
Choosing My Career
A great place to start is with our interactive online course Choosing My Career. It will help you make it a conscious and thoughtful decision, giving you the best chance of choosing a career path that suits your personality, skills and strengths.
This course helps you to:
- Understand the process of making a career decision
- Think about what you want from a career
- Explore the options available to you
- Plan your next steps to make it happen
PSW Opportunity
2 Years PSW is applicable after the course completing (Bachelors level or above).
Admission Requirement / Eligibility Criteria
For entry to Strathclyde postgraduate programmes, we'd look for a first-class undergraduate degree (approx 60%) from a recognised Indian institution.
Although 60% is a general entry requirement we understand that the marking system in some of the states and national universities make it harder to achieve 60%, therefore we will accept 55% from University of Mumbai, University of Calcutta, University of Delhi etc.
Graduates from the IITs and IIMs will also be considered with marks in the region of 55%. If you wish to apply for a research degree you'd normally have to have a Masters degree and some experience of research work.
IELTS requirement is 6.5
- Course Type: Full Time
- Course Level: Masters/PG Degree
- Duration: 01 Year
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Total Tuition Fee:
20150 GBP
Annual Cost of Living: 9207 GBP
Application Fee: 20 GBP
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