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Economics, M.Sc.

  • Anytime
    Application Deadline
  • 12 months
    Duration
University rank #131 (QS) ,
Economics degree offered at Lancaster University provides a rigorous training in theory and methods and helps you develop marketable skills to launch yourself on to the job market. 

About

Course Overview

Economics degree offered at Lancaster University opens up career opportunities in consulting companies, research centres, government departments, international agencies, or in the financial sector. It’s also ideal preparation if you are thinking of undertaking a PhD.You’ll join a department known throughout the world for its strength in economics. Programme staff have international reputations in areas such as game theory, industrial organisation, econometrics, applied microeconomics, empirical macroeconomics, labour economics, and the economics of education.

Careers

Our Economics Masters courses will ensure you develop a comprehensive understanding of the discipline, including advanced methods to equip you with the skills required to succeed in this ever changing environment. In addition to specialised skills, you will also gain many transferable skills to prepare you for a successful career in a variety of sectors:

  • Analysis and Research – the ability to critically analyse data and conduct research
  • Communication – presenting complex information accurately
  • Problem Solving – developing solutions using available data and making recommendations
  • Time Management – the ability to produce high quality work within set deadlines

Programme Structure

Courses include:

  • Dissertation
  • Research Skills for Economists
  • Microeconomics
  • Macroeconomics
  • Econometrics
  • Labour Economics
  • International Money and Banking
  • Behavioural Finance

Detailed Programme Facts

  • Programme intensity Full-time
    • Full-time duration 12 months
  • Credits
    120 alternative credits
  • Languages
    • English
  • Delivery mode
    On Campus

English Language Requirements

You only need to take one of these language tests:

  • Minimum required score:

    93

    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®
  • Minimum required score:

    7

    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

    StudyPortals Tip: The UK government has confirmed new English-language testing requirements for visa and immigration purposes. Learn more

  • Minimum required score (Grade C):

    180

    C1 Advanced is a Cambridge English Qualification. It reports on the Cambridge English Scale between 142 and 210. You will receive a separate score for each of the four skills (reading, writing, listening and speaking) and for Use of English. These five scores are averaged to give you an overall result for the exam. Universities and colleges may ask you to achieve a specific score, either overall or for a particular skill.

    Note: degree programmes and applications may require a more specific minimum score for admission.

Academic Requirements

You need the following GPA score:

Required score: Upper Second Class

Applicants for graduate programs must have the equivalent of a bachelor’s degree with a minimum GPA equivalent to Upper 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).

  • Entry requirements: 2:1 (Hons) degree (UK or equivalent) in Economics, or in a related subject, with at least 50% of modules in Economics

Tuition Fee

  • International

    18500 GBP/year
    Tuition Fee
    Based on the original amount of 18500 GBP per year and a duration of 12 months.
  • EU/EEA

    12500 GBP/year
    Tuition Fee
    Based on the original amount of 12500 GBP per year 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 Lancaster

  • 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

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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