Overview
The global demand for economics graduates with advanced data science skills continues to grow rapidly in the modern economy. Public and private sector organisations are increasingly relying on data science to offer new insights on issues in economics, econometrics, and finance.
At the same time, governments and central banks use data science techniques to inform the formulation and evaluation of economic policy.
The Economics and Data Science programme offered at The University of Manchester combines rigorous training in key principles with some flexibility to tailor your studies to specific areas of interest in economics. Your core training will cover:- Economic theory;
- Econometric methods;
- Data science and machine learning;
- Programming and other data science skills.
- Financial econometrics;
- Healthcare economics;
- Economics of environmental policy.
Career opportunities
The growing awareness of the gains from analysing big data has led to increasing demand from employers for recruits with data science skills. This course is designed to prepare you for employment as an economic data analyst in government, central banks or the private sector, among other exciting and lucrative careers.
The training also provides the foundation for a research degree in quantitative analysis in economics or interdisciplinary topics involving economics.Aside from the hard skills in economics and data science gained from your degree, you will also gain highly-valued employability skills such as digital literacy, group work, data handling, communication, presentation and writing skills.Recent economics graduates have gone on to exciting and rewarding careers in leading organisations across a wide range of different areas, such as:- finance and banking;
- local and central government and policy-making;
- business, management, and consultancy;
- the UK Civil Service: the Government Economic Service, the Bank of England, the Department for International Development, the Home Office, the Foreign Office, etc.
- Big city firms like KMPG, Deloitte, PricewaterhouseCoopers, Merrill Lynch, Goldman Sachs, Citibank, United Assurance, HSBC, Prudential plc, Nationwide Building Society, Deutsche Bank and the Co-Op.
- Large industrial companies such as Ford, Rolls Royce, British Telecom and BP.
Programme Structure
Courses include:
- Microeconomic Theory
- Macroeconomic Theory
- Econometric Methods
- Data Science and Machine Learning
- Programming and other Skills for Data Scientists
- Microeconometrics
- Financial Econometrics
Key information
Duration
- Full-time
- 12 months
Start dates & application deadlines
- Starting
- Apply before
-
Language
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Credits
Delivered
Campus Location
- Manchester, United Kingdom
Disciplines
Economics Data Science & Big Data View 405 other Masters in Data Science & Big Data in United KingdomWhat students do after studying
Academic requirements
English requirements
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- Trusted by 300k learners
- 98 accuracy using real exam data
- 4.9/5 student rating
Other requirements
General requirements
- A UK 2:1 honours degree (or overseas equivalent) in economics or another quantitative subject, such as mathematics, physics or computer science. This training must include a significant number of mathematical, econometrics and/or statistical courses, including advanced options in which top-level marks have been achieved, and a solid background in a statistical programming language such as R, Python, Julia or MATLAB.
- For applicants with a degree in subjects other than economics, a significant exposure to economics courses is required.
Applicants whose first language is not English should meet the following language requirements:
- IELTS Academic test score of 7 overall, including 7 in writing with no further component score below 6.5
- TOEFL IBT 100 with 25 in writing and no further score below 22 in each section. TOEFL code for Manchester is 0757
- Pearson Test of English (PTE) score of 76 overall, with 76 in writing and no further score below 70
Tuition Fees
-
International Applies to you
Applies to youNon-residents33600 GBP / year≈ 33600 GBP / year -
Domestic Applies to you
Applies to youCitizens or residents15800 GBP / year≈ 15800 GBP / year
Living costs
Manchester
The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.
Funding
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Scholarships Information
Below you will find Master's scholarship opportunities for Economics and Data Science.
Available Scholarships
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