MPhil in Economics

The MPhil in Economics offered by The Hong Kong University of Science and Technology (HKUST) is a premier program designed to provide students with an extensive understanding of economic theory and its practical applications. This program is tailored to develop critical thinking and analytical skills that are essential for navigating the complexities of modern economic landscapes. With a remarkable global ranking of 47th according to QS World University Rankings, HKUST stands out as a top choice for aspiring economists. The program not only equips students with advanced knowledge in economic methodologies but also fosters an environment encouraging innovative research and independent thought.

The curriculum is specifically structured to cover a wide range of topics in economics, including microeconomics, macroeconomics, econometrics, and behavioral economics. Students will engage in core courses that cover essential theories and quantitative techniques, alongside elective courses that allow them to explore specialized areas of interest. This flexible curriculum empowers students to tailor their learning experience based on their career aspirations, whether they aim to work in academia, government, or the private sector. The overall duration of the program is 24 months, during which students have the opportunity to participate in research projects that align with their academic interests.

At HKUST, students will learn from esteemed faculty members who are globally recognized for their research contributions and practical insights. The faculty’s expertise spans various fields within economics, ensuring that students receive a well-rounded education. The teaching methodology emphasizes a combination of theoretical knowledge and practical application, incorporating case studies, real-world data analysis, and collaborative projects. This approach not only enhances students' academic experience but also prepares them for the demands of the workforce. Faculty members are dedicated to fostering a supportive learning environment where students can thrive and become proficient in economic analysis.

Research opportunities at HKUST are extensive, offering students access to state-of-the-art facilities and resources that enhance their academic pursuits. The university actively encourages students to engage in research, providing avenues to publish their work in scholarly journals and present at conferences. This engagement not only enriches the learning experience but also bolsters students' resumes, making them competitive candidates for future employment. Additionally, HKUST’s strong connections with industries facilitate numerous internship opportunities, allowing students to gain practical experience and apply their theoretical knowledge in real-world settings.

Career pathways for graduates of the MPhil in Economics program are diverse and promising. Alumni have successfully pursued careers as economists, financial analysts, data scientists, policymakers, and consultants across various sectors including finance, government, academia, and international organizations. The median base salary for graduates stands at approximately $60,000, reflecting the high demand for skilled economists in the job market. HKUST’s robust career services support students in securing internships and job placements, often leading to successful career trajectories post-graduation.

Alumni of the MPhil in Economics program have gone on to achieve remarkable success, making significant impacts in their respective fields. Many have shared testimonials highlighting how their education at HKUST provided them with a solid foundation in both theoretical knowledge and practical skills, which paved the way for their achievements. The university’s emphasis on strong academic performance, combined with practical experience, has proven to be a winning formula for many graduates.

Why Study Economics at The Hong Kong University of Science and Technology

• A popular choice for international students with a diverse community, enhancing cultural exchange and collaboration.
• Learn from the best faculty members who are leaders in their fields, and engage in meaningful research as their assistants.
• Access to high-end labs and research facilities that facilitate innovative research work and data analysis.
• Participate in excellent placement programs that provide a pathway to successful careers in various sectors upon course completion.
• A flexible curriculum that allows students to specialize in areas of interest, fostering both academic and professional growth.

Admission to the MPhil in Economics program at HKUST requires a relevant undergraduate degree and a strong academic background. Prospective students must submit their official transcripts, a personal statement, and letters of recommendation from academic referees. Additionally, applicants are required to demonstrate proficiency in English through standardized tests such as IELTS or TOEFL. The minimum scores for IELTS are 6.5, while for TOEFL, a minimum score of 80 is required. These requirements ensure that students are well-prepared to engage with the course material and participate fully in the academic environment.

In summary, the MPhil in Economics at The Hong Kong University of Science and Technology is a top-tier program that offers a rigorous academic framework intertwined with practical applications. With a focus on research, industry connections, and a comprehensive curriculum, students are well-prepared to make significant contributions to the field of economics and achieve their career goals. The university's commitment to maintaining high educational standards and fostering student success makes it an exceptional choice for anyone looking to build a successful career in economics.