Master’s in Economics

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Master’s in Economics

A Master’s in Economics is a degree awarded at the graduate level that is designed to provide training and knowledge in the field of economics. It may be a terminal degree for some, but it is commonly offered as a path or preparatory curriculum for doctoral study in the field. Core coursework is typically in subjects such as microeconomics, macroeconomics and econometrics. Students who select a more specialized focus, such as economic software or mathematics, can expect their coursework to reflect their emphases.

What is a Master’s in Economics?

Schools around the world offer a Master’s of Economics degree to students interested in the way money, commerce and financial markets interact with the world around us. At the graduate level, students can expect to take on rigorous coursework that is challenging and complex. Examples of courses that may be in the program’s curriculum include these:

  • Economic Policy Analysis.
  • Advanced Econometrics.
  • Mathematics and Economics.
  • Applied International Economics.
  • Economic Data Analysis.

These courses build on the foundation of knowledge students gain from an undergraduate economics program. More focused coursework can be found in the curriculum for a program’s specializations.

What Are the Benefits of Earning a Master’s in Economics?

A Master’s in Economics is one of the best investments for students who aspire to enter financial professions. Courses provide the opportunity to study at the theoretical level and internships allow students to put that theory into practice. There are a number of other benefits to enrolling in a Master’s in Economics program:

  • A Master’s in Economics can qualify you to work in the financial sector in prestigious positions.
  • Earning an accredited Master’s degree can prepare you for further study at the doctorate level.
  • Classes allow you to learn directly from experts in the field who have successful careers.
  • Earning a Master’s may make you eligible for higher-paying positions than you would otherwise be.

A Master’s in Economics is beneficial to anybody building a career in the financial or economic sectors. With a specialization that suits your goals, you can use it to bolster your profile and prospects in the field.

What Kind of Career Can You Expect With a Master’s in Economics?

A Master’s in Economics is an ideal degree for students interested in working as economic analysts, bankers, financial consultants or professors in economics. Each of these professions is a potential path for graduates. There is not necessarily a single profession that most graduates aim for.

If you pursue work as an economic analyst, you can put the knowledge earned in your program to direct use. Some of the job duties may include these:

  • Conduct economic research
  • Compile reports on findings
  • Formulate solutions to problems
  • Develop fiscal policy
  • Process data to develop statistics

These are just a few ways you might use knowledge from a Master’s in Economics to build a career.

If you are interested in earning your Master’s in Economics, and wondering where to start, you can begin by researching school. Many universities in the UK, US and the rest of the world offer the program.

University of Southampton

Southampton, United Kingdom

  • 73SchoolApply Rank
  • USD 25,533Average Tuition
  • 0Acceptance Rate

University of Southampton (Southampton) is a public institution located along the University Road in Southampton, United Kingdom. Southampton offers a wide range of master's degree programs across its five academic faculties namely: Arts and Humanities; Engineering and Physical Sciences; Environmental and Life Sciences; Medicine; and Social Sciences....

Trinity College Dublin

Dublin 2, Ireland

  • 118SchoolApply Rank
  • USD 15,283Average Tuition
  • 0Acceptance Rate

The Trinity College Dublin (TCD) is located in Dublin, Ireland. Situated in the multicultural European Capital, TCD offers undergraduate courses in a wide range of disciplines that come under the faculties of Arts, Humanities and Social Sciences; Engineering, Mathematics and Science; and Health Sciences. ...

University of Liverpool

Liverpool, United Kingdom

  • 119SchoolApply Rank
  • USD 24,390Average Tuition
  • 0Acceptance Rate

University of Liverpool, established in 1881, is a multicultural, research-intensive University located in the city of Liverpool in England, UK. The University offers a number of master's degree programs from its various departments and schools including Arts, Dentistry, Communication & Media and Law....

Queen's University Belfast

Belfast, United Kingdom

  • 169SchoolApply Rank
  • USD 17,953Average Tuition
  • 0Acceptance Rate

Queen's University Belfast (Queen's) is a public institution located along the University Road in Belfast, Northern Ireland, UK. Queen's offers a wide range of master's degree programs across its three academic faculties namely: Arts, Humanities and Social Sciences; Engineering and Physical Sciences; and Medicine, Health and Life Sciences....

The University of Utah

Salt Lake City, United States

  • 185SchoolApply Rank
  • USD 21,296Average Tuition
  • 81.7%Acceptance Rate

University of Utah (the U) is a research-focused university located in Utah, United States, with it’s Asia campus located in South Korea. The U offers a wide range of master’s degree programs across nearly a 100 academic departments. These departments include Architecture, Biochemistry, Computing, Environmental Engineering, and Philosophy....

Northeastern University

Boston, United States

  • 215SchoolApply Rank
  • USD 62,800Average Tuition
  • 32%Acceptance Rate

Northeastern University located in Boston, Massachusetts, offers 150 undergraduate majors of study and 125 graduate areas of study through its nine colleges and schools of Arts, Media & Design; Business, Computer & Information Science; Engineering; Health Sciences; Law; Professional Studies; Science; and Social Sciences & Humanities; as well as select advanced degrees at graduate campuses in Charlotte, North Carolina, Seattle, Silicon Valley, and Toronto....

Florida State University

Tallahassee, United States

  • 217SchoolApply Rank
  • USD 20,043Average Tuition
  • 55%Acceptance Rate

Florida State University, established in 1851, is a research-intensive University located on the oldest continuous site of higher education in the state of Florida in its capital city of Tallahassee, USA. The University offers a number of master's degree programs from its various Colleges including Fine Arts, Business, Engineering and Arts & Sciences....

DePaul University

Chicago, United States

  • 220SchoolApply Rank
  • USD 52,402Average Tuition
  • 70%Acceptance Rate

DePaul University is a private Catholic University located in Chicago, Illinois, US. DePaul University offers master's degre programmes in fields including Business, Engineering, Computer Science, Social Sciences and more. DePaul University is accredited by the Higher Learning Commission to grant master's degree programmes. ...

University of Kansas

Lawrence, United States

  • 241SchoolApply Rank
  • USD 23,700Average Tuition
  • 93%Acceptance Rate

The University of Kansas (KU) is a state-sponsored, public research institution located in Kansas, United States. KU is spread across five campuses and through its 14 colleges, the university offers a wide range of master's degree courses....

University of Texas, Dallas

Richardson, United States

  • 256SchoolApply Rank
  • USD 11,806Average Tuition
  • 61.9%Acceptance Rate

The Carnegie Foundation classifies UT Dallas as a "comprehensive doctoral research university" and a "high research activity institution." Research projects include the areas of Space Science, Bioengineering, Cybersecurity, Nanotechnology, Behavioral and Brain Sciences....