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QS Rank:

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2

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Imperial College London

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London

United Kingdom

The Master of Science in Economics and Strategy for Business program at Imperial College London stands at the forefront of educational excellence in the fields of economics and business strategy. This comprehensive course is meticulously crafted to provide students with a robust understanding of economic principles, strategic frameworks, and their practical applications in the business environment. With a curriculum designed by leading academics and industry experts, students can expect an immersive learning experience that extends beyond traditional lectures to include practical case studies, hands-on projects, and interactive discussions.

The program's structure encompasses a wide range of subjects, including microeconomics, macroeconomics, quantitative analysis, and strategic management. Specific courses such as Game Theory for Business, Business Analytics, and Managerial Economics are designed to equip students with essential analytical tools and strategic thinking capabilities. Through these courses, students will learn to evaluate market trends, assess competitive landscapes, and develop effective business strategies that drive organizational success.

One of the distinctive features of this program is its emphasis on fostering critical thinking and problem-solving skills. Students will engage in rigorous research projects, contributing to real-world business challenges faced by various industries. This hands-on experience is invaluable, as it prepares graduates to tackle complex economic issues and devise innovative solutions in their professional careers. Moreover, the program encourages collaboration and teamwork, reflecting the dynamics of contemporary business environments.

Faculty members at Imperial College Business School bring a wealth of expertise, with many actively involved in cutting-edge research and consulting for leading organizations. Their diverse backgrounds enrich the learning environment, providing students with unique insights into both academic and practical aspects of economics and strategy. Small class sizes facilitate personalized attention and mentorship, enabling students to deepen their understanding of course material and hone their skills effectively.

The MSc in Economics and Strategy for Business is not just about academic excellence; it also emphasizes real-world applicability and networking. The program is designed to leverage Imperial's strong industry connections, providing students with access to networking events, guest lectures from industry leaders, and internship opportunities. This invaluable exposure to the business world enhances students' employability and prepares them for successful careers in a variety of fields, including finance, consulting, and entrepreneurship.

Why Study Economics and Strategy for Business at Imperial College London

  • A globally recognized institution ranked 2nd in the QS World University Rankings (2023) and 12th in the Times Higher Education Rankings (2023).
  • Access to leading-edge research, resources, and high-quality teaching methodologies from distinguished faculty members.
  • A vibrant international community with 40.7% of students coming from diverse backgrounds, enriching the academic experience.
  • Strong ties with top firms such as Boston Consulting Group, Google, and Goldman Sachs, providing substantial internship and job placement opportunities.
  • Comprehensive support services, including career counseling, skill development workshops, and networking events tailored to students' career goals.

The admission requirements for the MSc in Economics and Strategy for Business are rigorous, ensuring that only the most qualified candidates are selected. Applicants should possess a strong academic background in economics, mathematics, statistics, or a related discipline, ideally holding an upper second-class honours degree or its equivalent from a recognized institution. The selection process takes into account not only academic performance but also analytical skills, problem-solving abilities, and effective communication skills.

Applicants are required to submit a well-crafted statement of purpose, an impressive letter of recommendation, and proof of work experience if applicable. Additionally, proficiency in English is essential, with standardized tests such as IELTS, TOEFL, or PTE being required for non-native speakers. The university has waived the GRE requirement for this program, further facilitating access for prospective students.

Upon completion of the program, graduates can expect a wide array of career outcomes. The average base salary for recent graduates is around £60,000, with promising job roles in various sectors such as economics, finance, consulting, and research. Alumni have successfully secured positions as Economists, Financial Analysts, Investment Bankers, and Strategy Consultants with top-tier firms. Many alumni often share their success stories, emphasizing how the program's rigorous training and networking opportunities paved the way for their professional achievements.

Alumni testimonials reflect the transformative nature of the program, showcasing how the combination of theoretical knowledge and practical experience equipped them to excel in competitive job markets. They often highlight the value of the strong network fostered through Imperial, which continues to support them throughout their careers.

In terms of unique features, the program emphasizes experiential learning through a range of activities including case competitions, industry projects, and workshops led by corporate partners. These initiatives not only foster practical skills but also encourage students to apply their knowledge in real-world scenarios, ensuring they are well-prepared to enter the workforce upon graduation.

Additionally, students benefit from various research opportunities, allowing them to engage in projects that align with their career aspirations and interests. This engagement with faculty and industry professionals facilitates a deeper understanding of current trends and challenges within the economics and business landscape.

Overall, choosing the Master of Science in Economics and Strategy for Business at Imperial College London offers a comprehensive educational experience that merges theoretical foundations with practical applications, setting graduates on the path to successful careers in an increasingly complex and dynamic global market. Whether you aim to delve deeper into economic theory or aspire to develop strategic solutions for businesses, this program provides the tools, resources, and connections to achieve your career goals.

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Duration

12 Months

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Median Salary

$55,000

Ranking

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#20

US World and News Report

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#12

The World University Rankings

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#2

QS World University Rankings

Class Profile

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Class Size

40

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Average Age

24

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Average Work Experience

2 Years

Diversity

China:

10%

Others:

3%

United States:

4%

India:

6%

United Kingdom:

67%

Career Outcomes

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Median Earnings After Graduation

$55,000 / year

Prospective Job Roles

Economist

Financial Analyst

Investment Banker

Quantitative Analyst

Strategy Consultant

Researcher

Analyst

Consultant

Trader

Top recruiters

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Eligibility Criteria

English Proficiency Tests

  • IELTS

    7

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  • DUOLINGO

    125

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  • PTE

    69

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  • TOEFL

    100

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Application Requirements

Here's everything you need to know to ensure a complete and competitive application—covering the key documents and criteria for a successful submission.

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    Academic LOR

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Application Deadlines

Fees and Funding

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Tuition Fees

$34,400 / year

Funding Options

External Sources - Scholarships

Department Funding

To apply, submit a complete application for admission within a few weeks of the priority deadline for best results.

Scholarships

The Imperial College London MSc in Economics and Strategy for Business is a highly competitive program, and scholarships are available to help students cover the cost of tuition. The scholarships are awarded based on academic merit, financial need, and extracurricular activities. Some of the scholarships that are available to students include the Imperial College London Scholarship, the HSBC Scholarship, and the Goldman Sachs Scholarship.
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    Goldman Sachs Scholarship

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    Imperial College London Scholarship

FAQs

  • A student can complete Economics and Strategy for Business at Imperial College London with in 12.

  • The application fee to pursue Economics and Strategy for Business at Imperial College London is GBP 100 for international students.

  • The annual tuition fee to pursue Economics and Strategy for Business at Imperial College London is GBP 34400.

  • The submission of these scores mainly depends on the type of degree/ course selected at the Imperial College London. For example, the GMAT test is required to take admission to an abroad graduate management program, the LSAT is required during an abroad Law School admission process, and more. Therefore, check Imperial College London requirements before submitting a score.

  • Economics and Strategy for Business can help Indian/ international students gain: 1. Quality and Practical Education 2. Global Recognition 3. International Exposure 4. Amazing Job Opportunities 5. Experience of Lifetime and more

  • If a student fulfils all the eligibility criteria and admission requirements of Imperial College London, they can easily pursue Economics and Strategy for Business. The basic eligibility criteria include the following: 1. A GPA above 3 2. Well-written Statement of Purpose 3. An impressive Letter of Recommendation 4. A Work Experience Certificate (if required) 5. A Statement of Financial Proof 6. Academic Transcripts 7. Valid Visa, etc.

  • An MS degree at Imperial College London can usually be completed in 2 years. However, many universities offer a 1-year master’s specialisation as well. You can explore the official Imperial College London website to check the course/ degree duration.

  • One can apply for scholarships to pursue their international education at Imperial College London by: 1. Looking for country-specific scholarships by contacting the specific scholarship institutions. 2. Applying to or finding out if any subject-specific scholarships are available from the university website/ department.

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