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MSc Applied Psychology and Economic Behaviour

  • DeadlineStudy Details: MSc 1 year full-time

Course Description

Explore the intersection between psychology and economics. You’ll gain a well-rounded understanding of human decision-making and learn how to predict it.

This master’s course enables you to delve into the intersection between the disciplines of psychology and economics, providing you with the opportunity to develop a cross-disciplinary perspective of human decision-making.

By combining economic modelling with what psychology can tell us about individuals’ behaviour and emotions, you’ll learn how to create highly accurate tools or models for predicting human behaviour. These models can be used in a range of contexts to empower behaviour change at both a micro and macro level.

Upon completion of the course, you’ll be better prepared to work in any area where understanding human decision-making is important.

This course is highly relevant if you have a background in economics or psychology; or come from a background where modelling or understanding human behaviour is a key component, such as engineering or sociology.

Entry Requirements

You should have a bachelor’s honours degree or international equivalent, typically a 2:1 or above.

To apply for this course you should have an undergraduate degree in an appropriate subject such as psychology or economics, another social science or business-related discipline (business administration, finance, accounting, international trade, banking, financial management, public finance, politics) or another subject which included a significant economics or modelling component (physics or engineering).

You must demonstrate basic quantitative skills, acquired through modules such as microeconomics, mathematics or statistics.

We may make an offer based on a lower grade if you can provide evidence of your suitability for the degree.

If you first language is not English but within the last 2 years you completed your degree in the UK you may be exempt from our English Language requirements.

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Fees

For fees and funding options, please visit website to find out more

Student Destinations

There is great industry demand for graduates with interdisciplinary knowledge and skills.

This course is designed to prepare you for a variety of roles in government, research, banking, finance, healthcare, the third sector, economic regulation, human resources, or executive management.

You’ll also develop skills and experience that will prepare you to continue your studies at a doctoral level.

Recent graduates have progressed to jobs around the world, including:

  • Research Advisor at The Behavioural Insights Team (UK)
  • Senior Research Executive at Kantar Public (UK)
  • Marketing Specialist at Supreva (UK)
  • Head of Behavioural Innovation at Cowry Consulting (UK)
  • Data Engineer at Kubrick Group (UK)
  • Strategy Manager at UK Markets and Regulation (UK)
  • Senior Consultant bei Allianz Consulting (Germany)
  • Market Intelligence Analyst (US)

Others have chosen to continue their careers in academia.

Module Details

Semester 1

Compulsory units

  • Psychological and economic perspectives into decision-making
  • Statistical and mathematical modelling

Semester 2

Compulsory units

  • Contemporary issues in the understanding of decision-making
  • Professional skills development

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