• Anytime
    Application Deadline
  • 12 months
    Duration
The Economics for Business and Policy programme offered by the University of Stirling is different to others: it places great emphasis on applying economic thinking to real world business and policy challenges. Our course is suitable for anyone with a drive to succeed in economics, even if you’ve had no previous training in this area.

About

You'll explore interactions between international institutions, governments and households, and develop an appreciation of the insights that economic analysis can bring to business and policy. The Economics for Business and Policy programme offered by the University of Stirling also cultivates your skills in decision making and analysis, while enhancing your critical thinking abilities in evaluating business performance, management styles and statistics, as well as public, social and macroeconomic policies and their effect on businesses and households.

We prepare you for the workplace, as through this course you'll gain practical experience by working with organisations across the business landscape, such as Wood Mackenzie and Scottish Power, through to Zero Waste Scotland and the Institute for Fiscal Studies. You’ll get to delve into the markets and environments these organisations work in through a mix of site visits and guest lectures. There’s also the opportunity to undertake a summer consultancy project with external clients. This allows you to integrate the knowledge and skills from your master’s degree to solve a real business challenge.

Your learning and knowledge will benefit from our academic staff’s excellent links with industry and policy think tanks, as well as our ties with the Behavioural Science Centre, Centre for Sustainable Practice and Living (CSPL) and The Centre for Constitutional Change.

Career opportunities

This Masters course in Economics for Business and Policy places great emphasis on applying economic thinking to real-world business and policy challenges, ensuring that our graduates are highly employable. Your career prospects are further enhanced by our excellent links with business and policy think tanks. The skills and knowledge you’ll gain on this course will let you redefine your career into a number of different roles, including:

  • business analyst in large organisations within energy, transport, and healthcare sectors
  • market and data analyst for multinational companies, charities, news and media
  • economist in investment banking and other bank departments
  • official in international organisations such as the European Union, UNIDO, UNEP
  • economic, investment and management consultant
  • analyst or manager in non-profit organisations
  • local government and development agency official
  • commercial analyst
  • environment and energy analysts
  • health managers
  • business and corporate managers
    • research officers in think tanks
    • academic post, such as research assistant/fellow and lecturer in university and research institutes

    Programme Structure

    Courses include:

    • Flying Start Leadership Programme
    • Microeconomics for Business and Policy
    • Understanding and Using Statistics 
    • Business Analytics
    • Macroeconomics for Business and Policy
    • Sustainable Business and Policy Analysis in Practice 
    • Project Management 
    • Managing Change 

    Detailed Programme Facts

    • More details:
      • We accept applications throughout the year. 
      • If you’re an international student we recommend you apply at least eight weeks before the start date of your course.
    • Programme intensity Full-time
      • Full-time duration 12 months
    • Languages
      • English
    • Delivery mode
      On Campus
    • More information Go to the programme website

    English Language Requirements

    • Minimum required score:

      6

      The IELTS – or the International English Language Test System – tests your English-language abilities (writing, listening, speaking, and reading) on a scale of 1.00–9.00. The minimum IELTS score requirement refers to which Overall Band Score you received, which is your combined average score. Read more about IELTS.

      Schedule IELTS
    • Minimum required score:

      80

      The TOEFL iBT ® measures your English-language abilities in an academic setting. The test has four sections (reading, listening, speaking, and writing), each with a score range of 0-30, for a total score range of 0-120. Read more about TOEFL iBT ®.

      Schedule TOEFL®

    Academic Requirements

    You need the following GPA score:

    Required score: Lower Second Class

    Applicants for graduate programs must have the equivalent of a bachelor’s degree with a minimum GPA equivalent to Lower Second Class on the UK Honour scale. Admitted applicants typically have an undergraduate GPA of or better on the UK Honour scale. No exam grade should be lower than 4.5 (European grade scale) or D (American grade scale).

    Your GPA (Grade Point Average) is calculated using the grades that you received in each course, and is determined by the points assigned to each grade (e.g. for the US grading scale from A-F).

    General Requirements

    A minimum of a second class Honours degree or equivalent. Applicants without these formal qualifications but with significant appropriate/relevant work/life experience are encouraged to apply.

    Studyportals Tip: Students should consider taking one of the Pre-Master's below. these courses will be necessary if:

    • You are considered ineligible for admission
    • You need to improve your academic, study, research or language skills
    Search all Pre-Masters

    Tuition Fee

    • International

      15948 GBP/year
      Tuition Fee
      Based on the original amount of 15950 GBP for the full programme and a duration of 12 months.
    • EU/EEA

      8004 GBP/year
      Tuition Fee
      Based on the original amount of 8000 GBP for the full programme and a duration of 12 months.
    We've labeled the tuition fee that applies to you because we think you are from and prefer over other currencies.

    Living costs for Stirling

    • 660 - 1140 GBP/month
      Living Costs

    The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

    Funding

    • There are various categories of funding available to support the cost of your studies at the University of Stirling. You may qualify for University funding as well as funding from government bodies, the European Commission, funding trusts, research councils, industry and employers.
    Postgraduate Tuition Fee Loan (PTFL)

    • This course is currently approved for PTFL funding from the Students Awards Agency Scotland (SAAS).
    • If you have the talent, ability and drive to study with us, we want to make sure you make the most of the opportunity – regardless of your financial circumstances. 
    If you’re an international student you may be entitled to the University of Stirling International Postgraduate Taught International Excellence Scholarship – giving a £5,000 reduction in the cost of your annual tuition fees.

    Studyportals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.

    The Global Study Awards: get funded with up to £10,000 to study abroad

    Together with the ISIC Association and British Council IELTS, Studyportals offers you the chance to receive up to £10000 to expand your horizon and study abroad. We want to ultimately encourage you to study abroad in order to experience and explore new countries, cultures and languages.

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