Economic Policy and Analysis MSc Postgraduate Program By Westminster Business School | University of Westminster |Top Universities
Program Duration

12 monthsProgram duration

Tuitionfee

13,000 GBPTuition Fee/year

Application Deadline

01 Jul, 2024Application Deadline

Scholarship

YesScholarships

Program overview

Main Subject

Business and Management Studies

Degree

MSc

Study Level

Masters

Study Mode

On Campus

Economics is more relevant than ever to understand contemporary events in the global economy and provide the tools and techniques for business and governments to analyse and interpret the issues and problems they face. Reflecting the needs of both private and public sector employers, our highly practical MSc prepares you to assess business problems, interpret public policy and effectively communicate the insights that economic analysis can provide. 


Aimed at those with a genuine interest in the application of economics to real-world situations, this course aims to provide you with an in-depth knowledge of the latest theories, practices and key concepts in economics that underpin public sector policy and business decision making. This includes the various scenarios where we explore opportunity cost, equilibrium and disequilibrium, strategic interaction, market failure and the related concept of externalities.


The focus is very much on developing the practical skills needed by a working economist – the ability to apply economic techniques to complex, multi-faceted business problems and provide specialist advice. You’ll gain hands-on experience of the industry-standard computing and econometrics software used to analyse and manipulate data.


You’ll be taught by staff who share their experience working and consulting for the UK Government Economic Service, HM Treasury, HM Revenue and Customs, the Department of Work and Pensions, House of Lords, Federation of Small Businesses, European Commission, International Labour Office, and many other major international financial firms. 


There is an increasing demand worldwide for economic analysis in international development, local and central government, non-governmental organisations, charity, urban and regional development policy, education or research. Past graduates have become Fast Stream economists in the UK Government Economic Service, others have gained employment as economists or economic analysts in charities and the private sector.


The course has been designed with input from colleagues at the Society of Professional Economists and previous students now working in the UK Government Economic Service. 

Program overview

Main Subject

Business and Management Studies

Degree

MSc

Study Level

Masters

Study Mode

On Campus

Economics is more relevant than ever to understand contemporary events in the global economy and provide the tools and techniques for business and governments to analyse and interpret the issues and problems they face. Reflecting the needs of both private and public sector employers, our highly practical MSc prepares you to assess business problems, interpret public policy and effectively communicate the insights that economic analysis can provide. 


Aimed at those with a genuine interest in the application of economics to real-world situations, this course aims to provide you with an in-depth knowledge of the latest theories, practices and key concepts in economics that underpin public sector policy and business decision making. This includes the various scenarios where we explore opportunity cost, equilibrium and disequilibrium, strategic interaction, market failure and the related concept of externalities.


The focus is very much on developing the practical skills needed by a working economist – the ability to apply economic techniques to complex, multi-faceted business problems and provide specialist advice. You’ll gain hands-on experience of the industry-standard computing and econometrics software used to analyse and manipulate data.


You’ll be taught by staff who share their experience working and consulting for the UK Government Economic Service, HM Treasury, HM Revenue and Customs, the Department of Work and Pensions, House of Lords, Federation of Small Businesses, European Commission, International Labour Office, and many other major international financial firms. 


There is an increasing demand worldwide for economic analysis in international development, local and central government, non-governmental organisations, charity, urban and regional development policy, education or research. Past graduates have become Fast Stream economists in the UK Government Economic Service, others have gained employment as economists or economic analysts in charities and the private sector.


The course has been designed with input from colleagues at the Society of Professional Economists and previous students now working in the UK Government Economic Service. 

Admission requirements

6.5+
2.7+
A minimum of a lower second class honours degree (2:2). Relevant degree, which would be single Honours or a major in Economics, or a quantitative discipline with a minor in Economics, or a more general first degree (minimum Upper Second Class Honours or equivalent) with significant study of economics and quantitative methods. Exceptionally, non-graduates with extensive work experience in the economics or closely-related profession may also be considered. 
If your first language is not English you should have an IELTS test certificate.
01 Jul 2024
1 Year
Sep
  • Candidates are required to submit references or letter(s) of recommendation for acceptance

Tuition fee and scholarships

Domestic Students

11,500 GBP
-

International Students

13,000 GBP
-

One of the important factors when considering a master's degree is the cost of study. Luckily, there are many options available to help students fund their master's programme. Download your copy of the Scholarship Guide to find out which scholarships from around the world could be available to you, and how to apply for them.

In this guide you will find:
opportunities

Where to look for scholarship opportunities

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How to apply to scholarships relevant to you

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A list of available scholarships around the world

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A scholarship application checklist

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More programs from the university

Westminster Business School offers 21 undergraduate degrees in a range ofsubject areas and professional disciplines:

    Accounting and Finance
    Human resources management
    Business management
    Business Economics
    International Business
    Marketing
    Construction management
    Real Estate

Applications must be done online through the Universities and Colleges Admissions Service (UCAS).

Westminster Business School offers 27 postgraduate degrees (MSc, MA and MBA), including:

    Finance and Accounting
    Finance (International Finance)
    Finance (Banking)
    Management
    International Development
    Marketing Management
    Marketing Communications
    Entrepreneurship, Innovation and Enterprise Development
    Project management
    
All students enrolled on a full-time business master’s course are eligible to undertake a 6-12 week internship program in London or elsewhere, so they have work experience before they graduate. They will receive support from the careers team and exclusive access to internship vacancies.

Westminster Business School also runs an international mentoring scheme, which pairs international postgraduate and MBA students with a senior professional working in business, offering support, impartial feedback and guidance through a series of face to face, telephone or Skype meetings.

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