MSc in Applied Economics

The MSc in Applied Economics at the University of Strathclyde is an exceptional program designed to equip students with a robust understanding of economic principles and their application in real-world scenarios. This rigorous program, situated within the esteemed Strathclyde Business School, emphasizes an analytical and practical approach, ensuring that graduates are well-prepared for the complexities of the global economy. Students are immersed in a rich curriculum that covers various aspects of applied economics, incorporating quantitative analysis, economic modeling, and policy evaluation to analyze economic phenomena critically.

Throughout the program, students will explore a wide range of subjects that delve into micro and macroeconomic theories, econometrics, and data analysis. Key courses include Quantitative Methods for Economics, where students will develop essential statistical skills, and Applied Economic Analysis, focusing on practical applications of economic theory. Further, the curriculum is designed to include modules that address contemporary economic issues, such as Global Financial Markets and Behavioral Economics, thereby ensuring that students are equipped with the latest knowledge and tools required in the field.

Additionally, the University of Strathclyde boasts a faculty of experts renowned for their research and teaching methodologies. Professors and lecturers bring a wealth of experience from both academia and industry, facilitating a dynamic learning environment. Their commitment to pedagogical excellence means that students benefit from hands-on learning experiences, including workshops, seminars, and collaborative projects. The faculty's diverse expertise also opens doors for students to engage in pioneering research initiatives, fostering innovation and critical thinking skills that are essential in today’s economy.

Research opportunities abound within the program, enabling students to work alongside faculty members on groundbreaking projects. The university's well-equipped research centers provide an ideal environment for undertaking independent research, with access to extensive databases and the latest analytical tools. Students are encouraged to explore topics they are passionate about, contributing to the body of knowledge in applied economics, thus enhancing their academic profile and employability.

Internships and industry connections play a vital role in the MSc in Applied Economics program. The university has established strong ties with various businesses and organizations, ensuring that students have ample opportunities to gain practical experience. Internships provide a platform for applying theoretical knowledge in real-world settings, enhancing students' employability upon graduation. Furthermore, the career services team at the university actively collaborates with students to facilitate job placements, ensuring they are well-prepared for the job market.

Graduate career outcomes for students from the MSc in Applied Economics are promising, with many securing positions in a variety of sectors, including finance, government, and consultancy. Alumni of the program often find themselves in roles such as economic analysts, policy advisors, and financial consultants, demonstrating the program's effectiveness in preparing students for successful careers. Numerous success stories from past graduates highlight their achievements in prestigious organizations, showcasing the program's reputation in the industry.

Unique features of the program include a strong emphasis on international perspectives, reflecting the global nature of economic issues. With a diverse student body representing various countries, students benefit from a rich exchange of ideas and perspectives, enhancing their understanding of global economic dynamics. Additionally, the program's flexible study options, including full-time and part-time enrollment, cater to the varied needs of students, allowing them to balance their academic pursuits with personal or professional commitments.

In terms of prerequisites, applicants to the MSc in Applied Economics should have a background in economics, mathematics, or a related field. Strong analytical and quantitative skills are essential, and proficiency in English is a requirement for non-native speakers. Language tests accepted include IELTS with a minimum overall score of 6.5, PTE with a minimum score of 60, and TOEFL with a minimum score of 80, ensuring students can fully engage with the program's rigorous academic content.

Why Study MSc in Applied Economics at the University of Strathclyde

• A top-ranked university with a strong global reputation, providing students with a competitive edge in the job market.
• Access to a diverse and vibrant international student community, fostering a rich cultural exchange.
• Opportunity to learn from leading academics with real-world experience and a commitment to student success.
• Comprehensive research facilities and resources that enable students to conduct high-level research.
• Strong industry connections that lead to valuable internship and job placement opportunities.
• Flexible study options that cater to both full-time and part-time students, accommodating diverse lifestyles and commitments.