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Master of Science in Applied Economics

Master of Science in Applied Economics

at University of Strathclyde United Kingdom

Overview

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'll gain knowledge and an understanding of the core principles of economic analysis, and the experience in how to apply them. 

You'll 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.

Study with us

  • Gain skills in data analysis and economic modelling
  • Learn to apply economic techniques to real-world problems in business and policy
  • Develop ability to interpret and understand key economic and financial statistics and information
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30

Application Processing Days

Under Graduate

Program Level

Fact & Figures

Full Time On Campus

Study Mode

12

Duration

University of Strathclyde

Location

Master of Science in Applied Economics Assistant Fee

$20650

Tuition Fee

$0

Average Cost of Living

$0

Application Fee

Master of Science in Applied Economics Admissions Requirements

  • Minimum Level of Education Required: To be accepted for this program, students must have a Bachelor's degree.
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Where would you like to study*

Work Permit United Kingdom

There are various options through which a student can get a post study work visa in the UK. 
Tier 1 Graduate Entrepreneur Visa for the graduates with a genuine and credible business idea. 
Tier 2 (General) is the leading immigration visa to work in the UK.
Tier 4 Doctorate Extension Scheme is for students who have completed their Ph.D. and is valid for 12 months for them to work, look for work or set up a business. 
Tier 5 Youth Mobility is for individuals of certain countries like Australia, Canada, Japan, Monaco, Hong Kong, South Korea, Taiwan, and New Zealand aged between 18 -30 who wish to move to the UK. 
Tier 5 GAE is for individuals who want to come to the UK for work experience, training, research or a fellowship. 
UK Ancestry is for individuals who are a citizen of a commonwealth and plan to work in the UK and have a grandparent who was born in the UK.
 

Detailed Program and Facts

30

Application Processing Days

Full Time On Campus

Program Intensity

Under Graduate

Program Level

12

Duration

Study Visa

English Test Requirement

6.5

Minimum Overall Score

80.0

Minimum Overall Score

60.0

Minimum Overall Score

Other Courses by University of Strathclyde,United Kingdom

Supply chain management is a critical business competency. It encompasses procurement of materials, processing and distribution of products and services to customers as well as:

  • Initial design
  • Procurement of materials and services
  • Processing and distribution to the customer either directly or through a network of distributors 

In many companies, 80% or more of their turnover is spent outside the organisation. This course helps you become effective in managing this. It’s designed for those who'll work within supply chain management. It’s also suitable for anyone with a background in support functions such as sales, maintenance, finance and marketing.

This course will cover the latest logistics requirements, for example:

  • Ability from logistics managers to enhance business opportunities to circular economy approaches and digital manufacturing;
  • Rise of sales through ecommerce also requires accurate demand and supply forecast from logistics area.

Study with us

  • Gain in-depth understanding of the strategic and operational issues relating to supply chain management
  • Contribute towards making organisations competitive
  • Designed for those who will work within supply chain management
  • Suitable for anyone with a background in support functions such as sales, maintenance, finance and marketing.

12 month

Duration

$ 23050

Tuition

Business & Management

Master of Science in Marketing

With our Masters of Marketing programme, you’ll gain a sound knowledge of the principles of marketing and develop an understanding of consumer behaviour in relation to individuals and organisations. We’ll ensure that you gain the necessary technical and personal skills for your future career.

Key features of the course include:

  • Real-life learning through our live industry consultancy project, International Marketing Works
  • High-calibre industry collaboration
  • Research excellence
  • Skills-based teaching

Our marketing postgraduate students are truly international with representations from all parts of the globe which further enhances your learning experience.

Accreditations & Affiliations
The Department of Marketing has an international reputation for the quality of teaching and research. Our staff also act as advisors to private and public organisations; some hold senior positions in the Chartered Institute of Marketing, the Marketing Research Society and other professional associations.

We’re affiliated with the Chartered Institute of Marketing and the Marketing Society.

Our courses are accredited by AACSB – the Association to Advance Collegiate Schools of Business, based in the USA and EQUIS – the quality assurance scheme run by the European Foundation for Management Development (efmd) and based in Brussels.

Study with us
Studying an MSc Marketing at Strathclyde Business School, you'll learn at a pioneering internationally-renowned academic organisation that develops the business minds of tomorrow.

A 5-star QS-rated institution, we were awarded Times Higher Education UK Business School of the Year 2016 and also recognised as Scottish University of the Year 2020 by The Sunday Times Good University Guide.

  • Suitable for non-business graduates who want to pursue a career in this area
  • Develop an understanding of marketing in relation to individuals and organisations
  • Undertake an industry marketing project
  • Reflects the dynamic and technologically innovative nature of contemporary marketing, spanning the private, public and third sectors

12 month

Duration

$ 23650

Tuition

Following the recent global economic crisis, economics is more important and relevant than ever. Decisions on money, banking, interest rates, taxation and government spending affect us all, with global consequences.

Economics aims to understand the activities of the different agents in the economy – consumers, producers and the government – and how they all fit together.

Our degree will give you the ability to explain complex data in simple terms to different audiences. You’ll also develop excellent mathematical, statistical and problem-solving skills.

We also offer some of the best teaching in Human Resource Management (HRM) in both Scotland and the UK.

This course covers areas such as recruitment and selection, training and developing and managing conflict at work. These are an important part of the management process in all organisations.

Study with us

  • Study in a department which is home to the Fraser of Allander Institute - a leading research institute which offers internship and work placement opportunities for our students
  • Study in an accredited centre for the teaching of Human Resource Management
  • Use key economics concepts and models to better understand real-world problems
  • Develop excellent analytical and problem-solving skills that are highly valued by employers
  • Opportunity to study in Europe or North America.

48 month

Duration

$ 16400

Tuition

The MSc Neuroscience & Mental Health has been designed, with feedback from industry, to fulfil a gap in the postgraduate market for a strong research-led neuroscience Masters degree.

The programme will allow students to build both a strong knowledge-base and a clear understanding of the practicalities involved in research, drug discovery and development of therapeutic interventions for disorders of the nervous system.

Students will have access to expertise and facilities for in vivo animal studies, such as models for different aspects of learning & memory. The course will include training in associated ethical & legal considerations.

Study with us
Studying a Masters in Neuroscience & Mental Health at the University of Strathclyde, you'll be learning at an award-winning academic institution. A 5-star QS-rated university, we were named Times Higher Education University of the Year 2019 - the only university to win the award twice.

  • Study how the nervous system works from molecules to cells to functional networks and high-order cognition
  • Develop an understanding of in vivo models, plus cutting-edge techniques and technologies used in neuroscience research and drug development
  • Gain the ability to conduct independent research and also to work as part of a team, with an appreciation of other disciplines’ contribution to drug discovery, development and delivery for neurological and mental health conditions

12 month

Duration

$ 23850

Tuition

The MSc in Business Analysis & Consulting has been developed to equip you with the practical, evaluative and analytical skills to allow you, as a future manager or consultant, to influence and develop strategy and performance within organisations. 

You'll learn the key quantitative business analysis methods necessary to evaluate performance. 

Industry involvement is at the heart of the course. You'll spend three weeks in January on a work placement, and have the opportunity to undertake your summer project in collaboration with an external organisation. 

In addition, you'll learn how to use business models to support the development of strategy for organisations and to help them to monitor and measure strategic processes. 

By the end of the program, you'll have developed the key skills of business consulting, which are applicable to any organisation.

Study with us

  • Gain practical, evaluative and analytical skills
  • Learn how to use business models to develop strategy for organisations
  • Opportunity to undertake a three-week work placement 
  • Work on a project for a leader organisation

12 month

Duration

$ 21850

Tuition

Natural Sciences & Mathematics

Master of Science in Actuarial Science

The MSc in Actuarial Science at Strathclyde has been developed to give students wishing to move into the actuarial profession a strong foundation in the statistical concepts, models and techniques used in actuarial calculations, their computer implementations, and the financial and economic contexts of these calculations.

The program is an innovative cross-faculty alliance between the Strathclyde Business School and the Faculty of Science. 

The course is designed so that students with a strong aptitude for mathematics and statistics, but who have not studied these topics in detail in their undergraduate degree, can gain the necessary skills to move into the financial industry. It's intended as a conversion course, teaching material in statistics, economics and finance, and does not currently include specialist actuarial mathematics content (which will be studied in the actuarial professional examinations). It does produce graduates well equipped to apply for trainee actuary positions. Students reaching a sufficiently high level in core classes will be eligible for exemption from two of the professional examinations of the IFoA, namely CS1 and CB2.

Accreditation

  • Accredited by the Institute and Faculty of Actuaries (IFoA)
  • Accreditation By Subject Agreement for IFoA subjects CS1 and CB2

Study with us
Studying an MSc in Actuarial Science at the University of Strathclyde, you'll be learning at a multi-award-winning academic institution. A 5-star QS-rated university, we were awarded Times Higher Education University of the Year 2019.

On this course you'll:

  • Gain a strong foundation for the understanding of actuarial theory and analysis
  • Prepare for a career in the financial services industry with a quantitative and data facing role
  • Learn about the nature and functioning of financial markets and institutions
  • Learn economic theory giving context to the above

12 month

Duration

$ 24850

Tuition

Electronic & electrical engineering is at the heart of everything we do - from renewable energy and smart grids, to high-speed fibre-optic broadband, digital sound and vision, and internet security.

Electronic & electrical engineers are the people who design, build, operate and maintain our global power systems, our telecommunications networks and computing infrastructure, and develop electronic systems essential to industry, health and entertainment.

Their aim is to find innovative and progressive solutions to today’s global challenges. That might be technologies to deliver clean energy, systems to improve audio and image quality on your phone, tablet and laptop, or techniques to improve digital imagery in medical devices to aid diagnosis.

Studying electronic and electrical engineering offers all these opportunities and with two million new employees needed in the UK sector by 2020, your career prospects are vast.

International experience and studying abroad are highly valued by employers. You’ll study the core electronic & electrical engineering curriculum but with a full year at a partner university overseas. You’ll learn fundamental technical knowledge and relevant analytical skills. You can also take language classes to prepare for your year abroad.

Study with us

  • Ranked in the UK Top 10 for Electrical Engineering (Complete University Guide 2021)
  • 90% graduate employment with average starting salaries of £28,000 (uniSTATS)
  • Technical projects linked to engineering companies and international research activities in topics including clean energy, cybersecurity and 5G communications

60 month

Duration

$ 22400

Tuition

Environmental Studies & Earth Sciences

Master of Research in Climate Change Adaptation

This one-year MRes in Climate Change Adaptation aims to provide advanced study in key issues related to climate change and global warming, and how infrastructure will need to adapt.

The course links with the 17 Sustainable Development Goals (SDGs) and in particular the different indicators associated with SDG13 on Climate Action. The course is largely research and project-based but there is also a taught element to it.

This course is designed to cater mainly for graduates with an engineering education, and employees of public and private sector companies who wish to upgrade their skills to be able to tackle the complex issues relating to the current climate crisis, circular economy goals, and the design of engineering options for mitigating environmental impacts and promoting sustainable development.

The course is ideal for you if:

  • you're looking for an alternative to an MSc
  • you're interested in carrying out shorter research projects
  • you wish to tailor your studies to suit your own research interests and career objectives
  • An MRes takes one year full-time or two years part-time to complete. Part-time study is only available to UK students.

Study with us

  • Masters by Research (MRes) postgraduate research degree in Climate Change Adaptation
  • Further your knowledge and develop your research skills on topics relating to climate change adaptation, particularly regarding infrastructure
  • Tailor your studies to suit your own research interests and career objectives

12 month

Duration

$ 23050

Tuition

Business analysis applies advanced analytical methods to business problems to help managers make better decisions.

Technology is at the heart of all modern business.

Organisations need business graduates with expertise in business technology. Business analysts have an excellent general awareness of how a business works. They’re also able to apply advanced analytical methods to deal with specific management issues.

Following the recent global economic crisis, economics is more important and relevant than ever. Decisions on money, banking, interest rates, taxation and government spending affect us all, with global consequences.

Economics aims to understand the activities of the different agents in the economy – consumers, producers and the government – and how they all fit together.

Our degree will give you the ability to explain complex data in simple terms to different audiences. You’ll also develop excellent mathematical, statistical and problem-solving skills.

Study with us

  • Gain an understanding of the impact on organisations of developments and issues in business technology
  • Use key economics concepts and models to better understand real-world problems
  • Develop analytical expertise to support business decision-making
  • Extend your skills through practical case studies with a range of organisations
  • Gain the ability to explain complex data in simple terms to a diverse audience
  • Economics studies how wealth is created and distributed and informs government policy on sustainable economic growth

48 month

Duration

$ 16400

Tuition

Studying history – the story of humanity through the ages – develops your knowledge of the past and gives you a better understanding of the present. Our classes cover some of the most important and interesting historical periods at home and abroad, including Scotland’s ‘Highland Problem’ in the 16th century, Slavery in World History and Cold War Europe, 1945-1991.

As a politics student, you'll look at the work of governments and their policies and study the behaviour of those who govern - and who they are governing - both at home and abroad. You'll also gain knowledge of domestic and international institutions and issues relating to conflict and cooperation. We cover diverse and relevant issues, such as international terrorism to the 2014 Scottish Independence Referendum. Politics graduates can go on to work in a number of areas, with many pursuing academic research careers in the UK, Europe and North America.

Studying History & Politics and International Relations, you'll receive excellent training in areas such as problem-solving, communication, research methods and interpretation.

Our BA degrees in Humanities & Social Sciences are initially broad-based. In Year 1 you'll study three subjects, including your chosen subject(s).

48 month

Duration

$ 16400

Tuition

View All Courses by University of Strathclyde, United Kingdom

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