MSc in Economics

The MSc in Economics program at the University of St Andrews is designed for students aspiring to gain a comprehensive understanding of economic principles and their applications in the real world. The program offers a rigorous curriculum that emphasizes both theoretical and practical aspects of economics, ensuring that graduates are well-equipped to succeed in a variety of economic roles. With a focus on Financial Economics, students will delve deep into core topics such as market behavior, financial instruments, and econometric modeling. This program is not only about crunching numbers; it is about understanding the narratives behind economic theories and their implications for global markets.
Students will be exposed to a range of modules that cover essential areas such as microeconomics, macroeconomics, and financial markets. Specialized courses such as Financial Econometrics and Behavioural Economics further enhance the learning experience, enabling students to explore niche topics that are increasingly relevant in today’s dynamic economic landscape. The curriculum integrates contemporary economic issues, allowing students to engage with real-world challenges and develop critical thinking skills that can be applied in various sectors.
The teaching faculty at the School of Economics and Finance is comprised of leading experts in the field, many of whom have extensive research backgrounds and industry experience. Faculty members employ a blend of traditional teaching methodologies and innovative, interactive approaches to foster an engaging learning environment. Their commitment to student development is reflected in their dedication to mentoring students, which includes opportunities for one-on-one consultations, research collaborations, and guidance on career paths. This personalized attention ensures that each student receives tailored support throughout their academic journey.
Research opportunities are abundant at the University of St Andrews, offering students the chance to collaborate on impactful projects with faculty members and access state-of-the-art facilities. The university is home to various research centers focusing on economic policy, financial stability, and sustainable development. Students can participate in ongoing research projects that contribute to cutting-edge knowledge in the field. Moreover, the university's commitment to research is matched by its resources, including advanced computational labs and access to extensive datasets, which are crucial for conducting high-level economic analysis.
Industry connections are a vital part of the MSc in Economics program at St Andrews. The university has established strong ties with leading financial institutions, governmental agencies, and multinational corporations, facilitating valuable internship opportunities for students. Through the university’s career services, students can access support for resume writing, interview preparation, and networking events that connect them with industry professionals. These connections significantly enhance employability and provide insights into various career pathways available to economics graduates.
Graduates of the MSc in Economics program find themselves well-prepared for a diverse range of career options. They often pursue roles in financial services, government agencies, international organizations, and consultancy firms. Common job titles include Financial Analyst, Economic Consultant, Policy Advisor, and Market Research Analyst. The university boasts a high graduate employability rate, with many students securing positions in prestigious organizations shortly after completing their degree. Alumni have gone on to achieve notable success in their respective fields, often attributing their accomplishments to the rigorous training and support received during their time at St Andrews.
In addition to its comprehensive curriculum and faculty expertise, the MSc in Economics program offers unique features that distinguish it from other programs. The university’s emphasis on international collaboration and diversity is reflected in its vibrant student community, with approximately 25% of the cohort being international students. This multicultural environment enriches the learning experience, allowing students to engage with a variety of perspectives and ideas. The program also includes opportunities for international study trips and workshops, further broadening students' horizons and enhancing their global understanding of economic issues.
Why Study MSc in Economics at the University of St Andrews?

• Diverse and inclusive community with a significant international student presence, fostering a rich learning environment.
• Access to a distinguished faculty with expertise in various fields of economics, providing mentorship and research opportunities.
• State-of-the-art research facilities and resources, including advanced labs and extensive databases for empirical research.
• Strong industry connections leading to internships and job placements in reputable financial institutions and consulting firms.
• High graduate employability rate, with alumni excelling in various sectors including finance, government, and academia.
• Engaging and interactive curriculum that emphasizes real-world applications and critical analysis of economic issues.
• Unique opportunities for international exposure through study trips and workshops, enhancing global economic comprehension.

Finally, prospective students should be aware of the program’s entry requirements. Applicants typically need a relevant undergraduate degree, a strong academic record, and proficiency in English. Though the specifics can vary, it is advisable for candidates to check the official admissions page for the most accurate and detailed information. Overall, the MSc in Economics from the University of St Andrews not only equips students with the necessary knowledge and skills but also opens doors to a multitude of opportunities in the ever-evolving field of economics.