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MSc Economics (Econometrics and Big Data)

  • DeadlineStudy Details:

    Full-time: 1 year

Course Description

Economics helps us decipher and shape our complex world. It offers unparalleled insights into how decisions by individuals, businesses, and the government affect important aspects of everyone’s life, including employment opportunities, the prices of products and services, and the overall standards of living.

Our MSc in Economics (Econometrics and Big Data) will help you build on your undergraduate studies to develop advanced capabilities in the discipline with an emphasis on quantitative techniques and their applications using big data. As policy-makers (such as central banks), businesses and finance companies increasingly use large and complex datasets to further their aims and discover trends and extract value, the need has arisen for professionals with the right theoretical and practical knowledge who can handle the data using the right machine learning and econometric estimation techniques.

The programme is designed to prepare you for a range of careers in which advanced quantitative skills and ability to work with big data using econometrics are required.  Graduates of the programme are also well placed for further study in economics or econometrics.

Entry Requirements

A minimum of a 2:1 UK honours degree in chemistry, computer science, economics, engineering, maths, physics, statistics.

Alternatively, another degree subject including 60 per cent (UK or equivalent) in macroeconomics and microeconomics and 60 per cent (UK or equivalent) in one module from algebra, calculus, maths, probability, quantitative methods or statistics.

Applicants not meeting the above entry requirements who hold a 2.2 in a relevant subject may still be considered if they hold a minimum of 12 months graduate work experience in a position relevant to the programme to which they have applied.

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Fees

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

Programme Funding

We’re committed to making sure that we offer support for students who might need it, please visit website to find out more about about our scholarships and bursaries.

Student Destinations

The MSc Economics (Econometrics and Big Data) programme was only launched in 2023. Graduates from our existing masters programmes have recently embarked on careers in roles such as:

  • Economists
  • Analysts (finance, business, data, trade, investment, and sales)
  • Audit managers
  • Consultants
  • Economic advisers
  • Regulatory advisers.

Others have gone on to study towards PhDs at the University of Surrey and in other top schools.

Module Details

  • ADVANCED QUANTITATIVE METHODS IN ECONOMICS Compulsory 1
  • ECONOMETRICS 1 Compulsory 1
  • MACROECONOMICS Compulsory 1
  • MICROECONOMICS Compulsory 1
  • ADVANCED MACROECONOMICS Optional 2
  • ADVANCED MICROECONOMICS Optional 2
  • APPLICATIONS OF ECONOMETRICS TO BIG DATA Compulsory 2
  • FINANCIAL ECONOMETRICS Optional 2
  • MACHINE LEARNING METHODS AND BIG DATA Compulsory 2
  • MATHEMATICS OF DATA SCIENCE Optional 2
  • PRINCIPLES OF DATA SCIENCE Optional 2
  • RESEARCH METHODS Compulsory Year-long

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