MSc Economics

Year of entry: 2026

Overview

Degree awarded
Master of Science (MSc)
Duration
1 year
Entry requirements

A UK 2:1 honours degree (or overseas equivalent) in economics, finance, mathematics or a related subject with economic theory, mathematics and econometrics studied at a high level.

When assessing your academic record, we consider the grades you have achieved and the standing of the institution where you studied your qualification.

Full entry requirements

How to apply
Apply online

Course options

Full-time Part-time Full-time distance learning Part-time distance learning
MSc Y N N N

Course overview

  • Study a master’s in Economics at a university ranked top 10 in the UK and top 40 worldwide for Economics and Econometrics (Times Higher Education World University Rankings by Subject 2025).
  • Join a leading centre for economics which has been home to four Nobel Prize winners for the subject.
  • Gain balanced and rigorous training in modern economics theories and techniques.
  • Build on your advanced understanding of mathematics, econometrics, and programming.
  • Tailor your studies to your interests with a broad choice of optional course units.
  • Seamlessly transition from master's to PhD study through a fully-funded 1+3 pathway with our prestigious ESRC North West Social Sciences Doctoral Training Partnership (NWSSDTP).
  • Graduate from one of the UK’s most targeted universities by top employers (High Fliers, The Graduate Market Report 2024).

Open days

The University holds regular open days, where you will have the opportunity to find out more about our facilities and courses.

You will find out more about the School of Social Sciences and our resources, as well as meet academic and admissions staff who will be able to answer any questions you have.

See open days and visits for more information.

Fees

For entry in the academic year beginning September 2026, the tuition fees are as follows:

  • MSc (full-time)
    UK students (per annum): £15,800
    International, including EU, students (per annum): £33,600

Further information for EU students can be found on our dedicated EU page.

The fees quoted above will be fully inclusive for the course tuition, administration and computational costs during your studies.

All fees for entry will be subject to yearly review and incremental rises per annum are also likely over the duration of courses lasting more than a year for UK/EU students (fees are typically fixed for International students, for the course duration at the year of entry). For general fees information please visit: postgraduate fees . Always contact the department if you are unsure which fee applies to your qualification award and method of attendance.

Self-funded international applicants for this course will be required to pay a deposit of £1000 towards their tuition fees before a confirmation of acceptance for studies (CAS) is issued. This deposit will only be refunded if immigration permission is refused. We will notify you about how and when to make this payment.

Policy on additional costs

All students should normally be able to complete their programme of study without incurring additional study costs over and above the tuition fee for that programme. Any unavoidable additional compulsory costs totalling more than 1% of the annual home undergraduate fee per annum, regardless of whether the programme in question is undergraduate or postgraduate taught, will be made clear to you at the point of application. Further information can be found in the University's Policy on additional costs incurred by students on undergraduate and postgraduate taught programmes (PDF document, 91KB).

Scholarships/sponsorships

For information on available scholarships please visit: Master’s Fees and Funding

Contact details

School/Faculty
School of Social Sciences
Contact name
School of Social Sciences Admissions Office
Telephone
+44 (0) 161 306 5500
Email
Website
http://www.manchester.ac.uk/economics
School/Faculty overview

Courses in related subject areas

Use the links below to view lists of courses in related subject areas.

Entry requirements

Academic entry qualification overview

A UK 2:1 honours degree (or overseas equivalent) in economics, finance, mathematics or a related subject with economic theory, mathematics and econometrics studied at a high level.

When assessing your academic record, we consider the grades you have achieved and the standing of the institution where you studied your qualification.

English language

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

Priority will be given to applicants who have provided evidence of meeting these scores when making offers.

Further information on accepted language requirements can be found here .

Pre-Sessional English Courses

We will consider applicants who do not meet these scores but you will be required to complete a pre-sessional English language course at the University of Manchester prior to the start of the course.

To be considered for a pre-sessional English language course for this programme we require the following minimum IELTS (Academic) scores:

6 Week Pre-Sessional Course : IELTS 6.5 overall with 6.5 in writing and no more than one sub-skill of 6.0.

10 Week Pre-sessional Course : IELTS 6.0 overall with 6.0 or above in each sub-skill

If you have not yet completed your current academic study and are interested in studying a pre-sessional course, you must hold an IELTS for UKVI (Academic) test certificate to ensure that you are eligible for a separate visa for the English language course.

English language test validity

Some English Language test results are only valid for two years. Your English Language test report must be valid on the start date of the course.

Applicants from Majority English-speaking countries

If you are a national of a   majority English-speaking country   (or have studied for a full bachelor's degree or higher from one of these countries) you may be exempt from submitting further evidence of English language proficiency.

Other international entry requirements

We accept a range of qualifications from across the globe. To help international students, the university provides specific information for many individual countries. Please see our   country-specific information page   for guidance on the academic and English language qualifications which may be accepted from your country.

Application and selection

How to apply

Staged admissions

As there is a high demand for our courses we operate a staged admissions process with selection deadlines throughout the year. Due to the competition for places and high quality of applications that we receive, we give preference to students from high-ranking institutions and with grades above our minimum entry requirements.

Please ensure you submit all supporting documentation with your application to avoid a delay in processing.

Applications for 2026 entry:

Stage 1:Application received by 7th December 2025 ; Application update by 20th February 2026

Stage 2:Application received by 1st March 2026 ; Application update by 1st May 2026

Stage 3:Application received by 3rd May 2026 ; Application update by 19th June 2026

Stage 4:Application received by 5th July 2026 ; Application update by 31st July 2026

Whilst we aim to give you a decision on your application by the deadline date, in some instances due to the competition for places and the volume of applications received, it may be necessary to roll your application forward to the next deadline date.

Applications received after our final selection deadline will be considered at our discretion if places are still available.

Please note:All places are subject to availability and if you apply at one of the later stages, some courses may already be reaching capacity or be closed to further applications. We, therefore, recommend that you apply early in the cycle to avoid disappointment.

Tuition fee deposits

If you are successful in receiving an offer, you will be required to pay a tuition fee deposit of £1,000 by the deadline stated in your offer letter to confirm your place. We ask for the deposit as competition for places is high and there is limited availability. The deposit amount is then deducted from your tuition fees when you register on the course.

Re-applications

If you applied in the previous year and your application was not successful you may apply again. Your application will be considered against the standard course entry criteria for that year of entry. In your new application you should demonstrate how your application has improved. We may draw upon all information from your previous applications or any previous registrations at the University as a student when assessing your suitability for your chosen course.

Course details

Course description

Our MSc Economics is designed to provide expert theoretical and technical training to future economists and academics of the subject. It builds on developed understandings of areas such as mathematics, econometrics, and programming to produce graduates who are experts in their field with highly refined specialist skills.

Studying on the MSc Economics, you will benefit from advanced training in key areas such as mathematics, econometric methods, quantitative methods, and economic theory. You will also be free to develop your expertise in specialist areas of your choosing through our broad range of optional course units, such as:

  • International macroeconomics;
  • Financial econometrics;
  • Economics of environmental policy;
  • Global economic history.

See a full list of mandatory and optional course units below.

This course is different from our MA Economics course because of its focus on more advanced theoretical and technical units that need to be completed. Our MSc in Economics also offers a broader selection of optional course units and is better suited to those who wish to pursue more technical or specific roles after graduation, or to progress to a career in economics research and academia. Our MA is better suited to those who are interested in pursuing a more general career direction, such as in policy, business, consulting, data analysis, and related fields.

This course is eligible for the 1+3 studentship offered by the Economic and Social Sciences Research Council (ESRC) North West Social Sciences Doctoral Training Partnership (NWSSDTP), offering a unique, fully-funded route into postgraduate research. If your application is successful, you’ll be able to seamlessly transition from master's-level study to a PhD. Find out more on our 1+3 ESRC NWSSDTP webpage .

Aims

This course will:

  • Provide rigorous training in economics and the relevant methods of mathematics for economic and econometrics research in this area.
  • Develop your powers of inquiry, critical analysis, logical thinking, and your ability to apply theoretical knowledge to current issues of policy and practice in economics.
  • Encourage initiative, independent learning, awareness of analytical and theoretical approaches in the field of economics, exposure to recent research and state-of-the-art tools in applied work in economics.
  • Train you in research methods and expert skills in microeconomics, macroeconomics, econometrics, mathematics for economists, problem-solving, written and oral expression, communication and presentation skills.
  • Equip you with the intellectual and practical skills necessary for an economist working in private or public organisations, or in research and academia.
  • Enable you to apply advanced research skills to a relevant research area in economics, via course units and a dissertation.

Special features

A prestigious department

The University of Manchester is a leading centre for economics and research-led teaching. Many famous names from the world of economics have worked and studied here at Manchester, including four Nobel Prize winners. Graduate students from across the globe come here to study economics, attracted by our first-class postgraduate training and supervision in the core and specialist areas of the subject.

Real-world impact

We put theory into practice. Our academics and students are dedicated to shaping economic research, policymaking and practice nationally and internationally. We work closely with government, organisations, and businesses to advise and effect meaningful change.

Teaching and learning

The MSc Economics is taught by an expert team using a variety of delivery methods:

  • lectures;
  • workshops;
  • student-led discussions
  • group work;
  • individual research.

Part-time students

Part-time students complete the full-time course over two years. There are no evening or weekend course units available on the part-time course.

Coursework and assessment

On the MSc Economics, most course units are assessed by written exam, or a written exam plus an essay, test, or project.

Course unit details

Preparatory course

All of our economics master’s courses require you to complete an essential course, Introduction to Quantitative Methods in Economics, before starting your studies.

Details of this essential course, as well as the differences between our four master’s courses, can be found on our webpage, ‘How to prepare for master’s study in economics at Manchester’.

Course units, credits, and semesters

A master’s degree is formed of 180 credits.

120 of these credits are made up by a mix of mandatory and optional course units, worth 15 credits each. You will need to select eight of these course units (four mandatory and four optional), with 60 credits taken each semester. The availability of individual optional course units may be subject to change. Information that is sent to you in August about registration onto the course will clearly state the course units that are available in the academic year ahead.

The remaining 60 credits are awarded through a compulsory research component in the form of a 12,000-to-15,000-word dissertation. Your dissertation must be within the area of one of the course units you have chosen.

Course unit list

The course unit details given below are subject to change, and are the latest example of the curriculum available on this course of study.

TitleCodeCredit ratingMandatory/optional
Mathematical Methods in Economic Analysis ECON60081 15 Mandatory
Microeconomic Theory ECON60101 15 Mandatory
Macroeconomic Theory ECON60111 15 Mandatory
Introduction to Quantitative Methods in Economics ECON60901 0 Mandatory
Econometric Methods ECON61001 15 Mandatory
Dissertation ECON63000 60 Mandatory
Development Microeconomics ECON60022 15 Optional
Microeconometrics ECON60052 15 Optional
Macroeconomic Theory and Policy ECON60122 15 Optional
International Macroeconomics ECON60132 15 Optional
Poverty, Inequality and Government Policy in Less Developed Countries ECON60212 15 Optional
Financial Econometrics ECON60332 15 Optional
Healthcare Economics ECON60432 15 Optional
Applied Macroeconometrics ECON60522 15 Optional
Applied Development Economics Project (ADEP) ECON60552 15 Optional
Microeconomic Theory - Information and Games ECON60562 15 Optional
Economic Growth ECON60662 15 Optional
Economics of Environmental Policy ECON60782 15 Optional
Labour Economics ECON60822 15 Optional
Global Economic History ECON60852 15 Optional
Advanced Topics in Development Economics ECON61212 15 Optional
Financial Economics II ECON61262 15 Optional
Displaying 10 of 22 course units

What our students say

Find out why our students and alumni chose to study Economics at The University of Manchester in Student Spotlights .

Disability support

Practical support and advice for current students and applicants is available from the Disability Advisory and Support Service. Email: dass@manchester.ac.uk

Careers

Career opportunities

The University of Manchester is one of the most targeted universities by the UK’s top graduate employers (High Fliers, The Graduate Market Report 2024).

The demand for economists across both public and private sectors continues to grow worldwide.

Our MSc Economics course gives you the specialist skills and knowledge required for an exciting and rewarding career 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;
  • accountancy and actuarial science.

Recent economics graduates have found work at organisations and companies such as:

  • 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.

Another popular option is to continue specialising for a career in research and universities through a PhD in Economics or a similar subject.

The University has its own dedicated, award-winning Careers Service where you can benefit from tailored careers support, practice interviews, CV and application support, job listings for Manchester students, and much more. Better yet, you will have access to our Careers Service both during your course and for two years after you graduate, so we know you’re on the right path.