Study at City
  1. Courses
  2. Applying
  3. Fees and funding
  4. Living in London
  5. Visit us
  6. Student support
  7. International students
  8. Order a prospectus
  1. Postgraduate
    1. 2020
    2. 2019
Study at City

MSc Economics

Entry Year:
Gain the thorough background in theoretical, applied and empirical economics that you need to prepare for a range of career options in industry, government and academia.

Key information

Start date

September 2020

Academic year dates


Full-time: one year

Part-time: two years


Full-time: £10,920

Part-time: £5,460 per year


Full-time: £15,610

Part-time: £7,805 per year

Application period

There is no fixed application deadline. However, applications will close when the course is full, so we encourage you to apply early.


Northampton Square

Who is it for?

This course enables you to immerse yourself in rigorous modern economics training – either immediately after an undergraduate degree or as a mid-career professional. You can choose to study full time over the course of one year or part time over the course of two.


This course will give you a solid foundation in microeconomics, macroeconomics and econometrics, while exploring modules on finance, regulation, health economics, behavioural economics and development economics.

The Economics MSc helps you:

  • Develop your critical and analytical abilities in economics
  • Understand modern economic theory, at both a micro and a macro level
  • Analyse the strengths and weaknesses of the relevant empirical and theoretical research methodology
  • Develop your knowledge of econometric theory and techniques
  • Critically interpret current research in fields such as behavioural and experimental economics, financial economics, health economics, macroeconomics, regulation and competition, and development
  • Prepare academically for a career as a professional economist.

Should you with to pursue further study, the dissertation track can also serve as a stepping stone to an Economics PhD.

Requirements and how to apply

Entry requirements

To apply for this course, you should have some mathematical background (A-level, IB, AP or any other equivalent secondary school qualification) and one of the following:

  • An upper second-class (or equivalent) undergraduate degree in economics or a related discipline (e.g. finance).
  • An upper second-class undergraduate degree (or equivalent) in Business, Management, Politics, Law, Accounting, Psychology, Quantitative Sociology or Financial Journalism.
  • An upper-second class (or equivalent) undergraduate degree in a quantitative discipline, such as Mathematics, Engineering, Computer Science or a Natural Science.

Students with a good lower second-class undergraduate degree in one of the above disciplines might be considered on a case-by-case basis.

All students must also meet the English language requirement for the programme as specified.

International Equivalences

If you are applying with an overseas degree, the following is an indication of international equivalents of an upper second class degree from a UK institution. Please note these figures are intended as a guide only and individual applications will be assessed on a case by case basis.

  • China: Bachelor degree (Xueshi) in a suitable subject with an overall grade of 75 – 85% (depending on the standing of the awarding institution)
  • USA: Bachelor degree in a suitable subject with CGPA 3.2
  • India: Bachelor degree in a suitable subject with CGPA 6.5 / overall 65% / 1st Division classification
  • Turkey: Lisans Diplomasi or a Műhendis Diplomasi with a minimum CGPA 3.0 or 65%
  • Italy: Diploma di Laurea in a suitable subject with a minimum score of 104.

English requirements

If English is not your first language you will need the following qualification:

  • IELTS with an overall score of 6.5 (with a minimum of 6.0 for each sub-test) OR
  • A first degree from a UK university or an overseas institution recognised by City as providing adequate evidence of proficiency in the English language, for example, from institutions in Australia or the USA.

All applicants that require a Tier 4 visa must meet the minimum Home Office English Language ability requirements before City can issue the Certificate of Acceptance for Study (CAS) that is needed to apply for a Tier 4 visa.

INTO English language programmes

Don’t meet the English language requirements? INTO City, University of London offers English language programmes to help prepare you for study at university. These intensive and flexible courses are designed to improve your English ability for entry to degree courses. Learn more about INTO’s English for University Study programme.

Visa requirements

If you are not from the European Economic Area / Switzerland and you are coming to study in the UK, you may need to apply for a visa or entry clearance to come to the UK to study.

The way that you apply may vary depending on the length of your course. There are different rules for:

  • Students on courses of more than six months
  • Students on courses of less than six months
  • Students on a pre-sessional English language course.

For more information see our main Visa page.

How to apply

Applications for 2020 entry are now open.

MSc Economics (full time)

MSc Economics (part time)

Tailor your studies
with a wide range of module options.
Rigorous training
in microeconomics, macroeconomics and econometrics.
During your course

More about fees

Fees in each subsequent year of study (where applicable) will be subject to an annual increase of 2%. We will confirm any change to the annual tuition fee to you in writing prior to you commencing each subsequent year of study (where applicable).

Student views

Alex McCallum

Alumnus of the MSc Economics at City, University of London, Alex McCallum, talks about his experience of the course and since graduating.


If you are interested in applying for the MSc Economics but cannot make it to an Open Evening, you may be able to register for one of our upcoming online sessions for prospective students.

View upcoming events and register now

Academic facilities

As a Masters student at City, you will benefit from City's excellent London location and our proximity to, and connections with, the City of London. We are just minutes away from the Square Mile – London's world-famous financial district – and the headquarters of numerous financial and professional institutions.


We offer a variety of accommodation options and support services for postgraduate students.

Read more about our postgraduate halls.

Our Accommodation Service can also help you find private accommodation.

Find out more about private accommodation.

Learn a language for free

We offer a free language course for City, University of London students.

Find out how to apply


Course timetables are normally available from July and can be accessed from our timetabling pages. These pages also provide timetables for the current academic year, though this information should be viewed as indicative and details may vary from year to year.

View academic timetables

Please note that all academic timetables are subject to change.

Student support

We offer an extensive support network during your time here at City, University of London – from Learning Support (including disability support) and counselling to financial and career advice – leaving you free to enjoy every opportunity campus life has to offer.

Find out more about the different types of student support available.

Course content and assessment

Teaching and learning

Teaching takes place over two terms from September to June. Full-time students who pass all the taught modules during the main exam sessions finish the programme at the end of September when they submit their dissertation or literature review.

Full-time students who successfully complete the taught modules in the August resit exam session submit their dissertation or literature review in December.

Part-time students complete their modules over the course of four terms from September to June before undertaking their dissertation or literature review.

Your course is taught by research-active academic staff. Assessments are a combination of unseen written examinations (70% for each module) and coursework (30% for each module).

Pre-sessional activities

Pre-sessional activities covering Micro-and Macroeconomics, Stata, Excel, Probability and Mathematics run in September before the start of term. These are available for all students who secure a place on the MSc Economics course. Pre-sessionals are included in your degree fee and are designed to prepare you for the course. We therefore strongly encourage you to make every effort to attend. Dates of the sessions are as follows:

  • Stata – 09-10 September 2019
  • Mathematics – 13-16 September 2019
  • Microeconomics – 17-20 September 2019
  • Excel – 04-06 September 2019
  • Probability – 21-22 September 2019

You can join the following sessions if you are on a Literature Review path:

  • Stata – 31 August - 03 September 2019 and 07-08 September 2019
  • Mathematics – 11-12 September 2019
  • Microeconomics – 14-16 September 2019

You are not required to register for the above pre-sessionals, you just need to turn up on the day. Further information such as the exact times and locations will be provided in your induction schedule.

Download a copy of the Pre-sessionals schedule


You will take 120 credits of taught core modules and 60 extra credits through one of the following routes:

  • Literature Survey: select two extra elective taught modules of 15 credits each and a literature review (Economics Literature Survey) worth 30 credits.
  • Dissertation: a 60-credit Economics Research Project.

In the dissertation route, you will take four core modules and two elective modules.

In the literature survey path, you will take three core modules and five elective modules.

It is not possible to give exact hours per week as these can vary from one term to the other, depending on which electives you choose.

Dissertation route modules

Core modules

  • International Macroeconomics (15 credits)
  • Microeconomic Theory (30 credits)
  • Econometrics (30 credits)
  • Macroeconomics (15 credits)

Elective modules

  • Macroeconomics (15 credits)
  • Financial Derivatives (15 credits)
  • Asset Pricing (15 credits)
  • Corporate Investment under Uncertainty** (15 credits)

**cannot be chosen if ECM157 Development Economics is chosen.

Literature survey route modules

Core modules

  • International Macroeconomics (15 credits)
  • Microeconomic Analysis (30 credits)
  • Quantitative Methods (30 credits)

Elective modules

  • Macroeconomics (15 credits)
  • Corporate Finance (15 credits)
  • Welfare Economics* (15 credits)
  • Cognitive and Economic Science of Rational Choice (15 credits)

*available subject to timetabling feasibility

Elective modules for both paths

  • Economics of Regulation and Competition (15 credits)
  • Health Economics (15 credits)
  • Development Economics (15 credits)
  • History of Economic Thought (15 credits)
  • Economics of Microfinance (15 credits)
  • Experimental Economics and Game Theory (15 credits)
  • Applied Econometrics (15 credits)

The programme specification contains more information on how the course is organised, the requirements for progression for each part and credits required for awards.

After you graduate

Career prospects

On completing the Masters in Economics you will have a wide range of career options. Graduates of this course enjoy numerous employment possibilities in both the public and private sectors, including consultancy and financial analysis.

Recent Economics Masters graduates have secure roles such as:

  • Economic Analyst, BlackRock.
  • Assistant Economist, Department for Transport.
  • Cash Funding Analyst, Mizuho International.
  • Researcher and Economist, Ipsos Mori (Policy and Evaluation).

The MSc also provides a solid academic foundation for students wishing to pursue doctoral research in economics.

Application Deadline

Applications for 2020 entry are now open.

MSc Economics (full time)

MSc Economics (part time)

Contact details

Request a prospectus

Find out more about City and all our postgraduate degree programmes.

Get your prospectus