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 Birmingham

Birmingham, United Kingdom

  • 69SchoolApply Rank
  • USD 17,833Average Tuition
  • 70%Acceptance Rate

The University of Birmingham is located in the heart of England with campuses in the Edgbaston and Selly Oak areas of the city of Birmingham. Birmingham University offers over 350 different courses in its undergraduate program; 400 postgraduate taught courses; 140 research courses and 450 PhD opportunities....

Trinity College Dublin

Dublin 2, Ireland

  • 113SchoolApply Rank
  • USD 14,946Average 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. ...

Queen's University Belfast

Belfast, United Kingdom

  • 164SchoolApply Rank
  • USD 18,130Average 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

  • 169SchoolApply 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....

University of Illinois - Chicago

Chicago, United States

  • 170SchoolApply Rank
  • USD 42,430Average Tuition
  • 74%Acceptance Rate

The University of Illinois at Chicago (UIC) is a public research university in Chicago, Illinois, United States and has 15 academic schools through which it offers interesting master’s degree programs in a wide range of subject areas....

Northeastern University

Boston, United States

  • 195SchoolApply 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....

DePaul University

Chicago, United States

  • 201SchoolApply 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 College Dublin

Dublin 4, Ireland

  • 232SchoolApply Rank
  • USD 19,286Average Tuition
  • 0Acceptance Rate

University College Dublin, established in 1854, is a reputed, research-intensive University located in Dublin, Ireland. The University offers a number of master's degree programs in the disciplines of Accounting, Biotechnology, Architecture, Creative Writing and Linguistics....

Oregon State University

Corvallis, United States

  • 247SchoolApply Rank
  • USD 23,500Average Tuition
  • 0Acceptance Rate

Oregon State University (OSU) is a public research university in Corvallis, Oregon, United States. The university delivers quality master’s degree program courses through its campuses. Some master’s degree courses offered by the school include biochemistry, education, agricultural education, animal science, animal science, anthropology, applied anthropology graduate, applied anthropology, applied economics, applied economics, and applied ethics....

Anglia Ruskin University

Cambridge, United Kingdom

  • 251SchoolApply Rank
  • USD 17,998Average Tuition
  • 0Acceptance Rate

Anglia Ruskin University (ARU) has 4 campuses located in Cambridge, London, Chelmsford and Peterborough, United Kingdom. ARU offers over a 100 master’s degree programs across its 4 academic faculties, namely: Arts, Law and Social Sciences; Health, Social Care and Education; Science and Technology; Medical Science; and the Lord Ashcroft International Business School. ...