Masters degrees in Econometrics train students in the advanced methodology underpinning economic analysis and forecasting. These courses focus on the theoretical and statistical side of Economics and the tools required for effective modelling of economic systems.
Most of these programmes award taught MSc qualifications, but shorter Postgraduate Diploma courses and more independent research Masters programmes are available.
These programmes are intended for postgraduates looking to specialise in the mathematical branch of a highly mathematical discipline. Some courses offer a combination of Econometrics with broader Economics, but many are highly specialised.
Econometrics is an important field, however. The methods you’ll learn are vital to constructing, maintaining and testing the models used by other economists. They’re also valuable in a range of other fields that rely (directly or indirectly) on economic theory and analysis.
Econometrics postgraduates can go on to a range of careers, from work with commercial enterprises to positions with universities or research institutes. Your skills will be valued wherever the ability to monitor and model financial and commercial trends is important.
The Scottish Graduate Programme in Economics (SGPE) is part of a unique collaborative venture that combines the teaching expertise of eight Scottish universities: Aberdeen, Dundee, Edinburgh, Glasgow, Heriot-Watt, St Andrews, Stirling and Strathclyde. All three MSc programme degrees are awarded by the University of Edinburgh and are taught in Edinburgh by Economics faculty from the associated Scottish universities who belong to the SGPE.
We offer three MSc programmes that provide you with a high-quality and thorough training in economics. The programmes are challenging, incorporating mathematics and statistics, they are technical and highly focused on analytical theory.
The programmes last one year (or two years if taken part-time) and lead to the award of MSc Economics, MSc Economics (Finance), or MSc Economics (Econometrics).
Our research-oriented MSc programmes provide you with high-quality training in economics and econometrics.
The MSc programmes consist of preliminary, core and optional courses, a residential weekend and a dissertation.
We do not offer an online distance learning for our MSc programmes.
Our MSc programmes will equip you with the tools a professional economist needs to work in government or in international organisations, to conduct economic research.
We deliver rigorous training in the core areas of economics to gain comprehensive knowledge in the latest analytical and quantitative techniques. You will also gain a firm grounding in mathematical and econometric techniques, as well as microeconomics and macroeconomics.
Our graduates have found employment in a wide variety of private and public organisations in the UK and abroad including in financial services, with the civil service (in the UK the Government Economic Service and the Department for International Development), and as economists with overseas development agencies and international institutions, and as research economists with journals and media agencies.
Our MSc programmes are research oriented and act as a pathway into PhD study globally. Our programmes are the only Economics and Social Research Council (ESRC) recognised pathway to PhD Economics study in Scotland.
Econometrics is paramount for decision-making in business and economics today. Do you already have a strong background in mathematics, statistics and econometrics and would you like to take it further? With the Econometrics programme, you can.
Financial firms, statistical offices and international governmental organisations successfully apply econometric models and methods on a daily basis. No matter where your ambitions lie, this Master specialisation in Econometrics will give you the edge. The programme will not only provide you with in-depth knowledge of econometric theory, but will also train your skills to use advanced quantitative methods and techniques, perform empirical econometric analysis and develop and apply new models.
If you want to extend your econometric knowledge beyond linear regression, instrument variable regression, limited dependent variables models and time series analysis, Erasmus School of Economics is where you want to be. Together with the Econometric Institute, we offer a high-quality advanced curriculum that combines advanced theory with extensive case-based training.
The quantitative skills you acquire in this programme are your ticket to a great starting position on the job market. Records show that later in their careers, many of our graduates become board members at leading industrial firms and banks or highly-positioned civil servants. With the right attitude and rigour, you too can have a prosperous career anywhere you want. Possible employers include:
Do you share our Econometrics students’ broad interest in economics? Do you have a demonstrable quantitative background and plenty of curiosity, ambition and determination? Then you should definitely meet some of our students here.
Download the brochure here.
The MSc in Health Economics and Econometrics is ideal for new graduates hoping to pursue a career in health economics or for those currently working in the health care sector who wish to develop skills in health economics.
This programme gives you the opportunity to follow a more econometrics based pathway underpinned by microeconomic theory, while taking the core modules required to study Health Economics (Economic Evaluation and Modelling for Health Care Decision Making).
The programme is targeted at those with an undergraduate economics-based degree and a desire to obtain a technical training relevant for a career in which these skills can be applied to the health care sector nationally and internationally. With its blend of applied health economic modules and specialist economic modules, the MSc in Health Economics and Econometrics is ideal for individuals wishing to embark on a career as a health economist in industry, the health service or academia. This is an area identified as a priority for the health service and health economists with these skills are in short supply.
The purpose of this programme is to fully equipped you to utilise, analyse and interpret the big data sets that are increasingly available across health systems in addition to understanding these in the context of health and economic related issues and policy. This programme builds on the strength and experience of the Department of Economics and the Health Economics Unit in providing high quality Masters programmes.
The MSc in Health Economics and Econometrics is hosted by the Health Economics Unit in collaboration with the Department of Economics. This programme incorporates two core modules provided by the Department of Economics (Microeconomics, Econometrics) and four core modules from the MSc Health Economics and Health Policy Programme (Introduction to Health Economics, Economic Evaluation, Statistics II, Modelling for Health Economics) and one relevant policy based optional module.
This programme provides a contrast to the long-established MSc Health Economics and Health Policy programme by providing a greater focus on the underpinning advanced economic theory and econometrics for those students with excellent undergraduate degrees in economics. However it retains the provision of the key skills associated with the conduct of economic evaluation, modelling as well as an exposure to economic policy (expected in many health economic posts).
As a Birmingham student, you will be joining the academic elite and will have the privilege of learning from world-leading experts, as well as your peers. From the outset you will be encouraged to become an independent and self-motivated learner. We want you to be challenged and will encourage you to think for yourself.
On this programme the modules delivered by the Department of Economics are delivered in traditional weekly lectures and classes whilst the modules delivered by the Health Economics Unit are delivered via block sessions of 3 or 5 days. This programme is only suitable for students in full time study. You will participate in a range of teaching styles such as lectures, small group tutorials, presentations, peer group learning, self-study etc. You will have access to a comprehensive support system that will assist and encourage you, including personal tutors and welfare tutors who can help with both academic and welfare issues.
With its blend of applied health economic modules and specialist economic modules the MSc in Health Economics and Econometrics is ideal for individuals wishing to embark on a career as a health economist in industry, the health service or academia.
Employability from the allied and established MSc in Health Economics and Health Policy has been consistently high. This new programme has been specifically designed to complement the current demand by building on specific skills that are known to be in short supply.
This programme will supplement the standard health economic toolkit of economic evaluation and modelling by helping those with particular technical interests to develop techniques to analyse aspects of the Health Service and the big data sets that are being developed and those which are currently available in health service systems and databases.
Careers Support for Postgraduates
Careers Network – We can help you get ahead in the job market and develop your career
We recognise that as a postgraduate student you are likely to have specific requirements when it comes to planning for your next career step. Employers expect postgraduates to have a range of skills that exceed their subject knowledge. Careers Network offers a range of events and support services that are designed for all students, including postgraduates looking to find their niche in the job market. The Careers Network also have subject specific careers consultants and advisers for each College so you can be assured the information you receive will be relevant to your subject area. For more information visit the Careers Network website.
Our MSc Economics programmes are intended to deepen your knowledge and understanding of economics as an academic discipline. Each programme draws upon the internationally rated research undertaken within the department and the experience of our academics in developing economic policy at organisations such as the Bank of England, the Organisation for Economic Cooperation and Development (OECD), the International Monetary Fund (IMF), the World Trade Organisation (WTO) and the United Nations.
A central objective of all of the programmes is to provide you with insight into the latest thinking in economics. You will attend a series of research seminars, during which you can discuss and present current research papers. You can also participate in the departmental seminars, which attract external academics and provide you with the opportunity to gain insight into current research in economics and econometrics.
The programme provides a solid foundation in economics, together with advanced training in econometrics, Macroeconomics and Microeconomics, and is ideal for anyone wanting a career involving econometrics or economics research.
The QTEM Programme aims to prepare students with excellent quantitative and analytical skills to support their future careers as decision makers leading the global business environment. Students accepted onto the QTEM Programme will spend an additional semester studying at one of the prestigious academic partners in the QTEM Network. This additional semester is combined with a 2 month internship. Upon completion of these elements, students will be awarded a QTEM Certificate, which demonstrates their skills in analytical and quantitative techniques to support decision-making in an international context.
For more information on this and other postgraduate study abroad opportunities, visit http://business-school.exeter.ac.uk/study/pgstudyabroad/
The double degree option enables you to gain a second Masters qualification by studying for a year with one of our prestigious partner universities. Specific to this programme is a Double Degree opportunity with Fudan University School of Economics. For more information on this and other postgraduate study abroad opportunities, visit the Business School’s Study Abroad webpages at http://business-school.exeter.ac.uk/study/pgstudyabroad/
During the programme you will study modules (including the dissertation) totalling 180 credits. Please note that programme structures may be subject to change. Descriptions of the individual modules are given in full on the Business School postgraduate module list http://business-school.exeter.ac.uk/programmes/postgraduate/modules/ .
Recent examples of compulsory modules are as follows;
Some recent examples are as follows;
If you're looking to develop your career in economics or econometrics this course provides you with analytical and technical skills you need for the profession, as well as a solid grounding in commerce. The course will enable you to build your knowledge in one of the following specialisations: Applied Econometrics; Applied Economics and Econometrics or Business Economics.
You will engage in a comprehensive theoretical and practical curriculum across your chosen field and develop high-level expertise in applied economic and econometric tools.
The program also gives you the opportunity to undertake independent research in your chosen specialisation.
The course is structured in three parts. Part A. Advanced preparatory, Part B. Mastery knowledge and Part C. Application studies All students complete Part B. Depending on prior qualifications, you may receive credit for Part A or Part C or a combination of the two.
Part A. Advanced preparatory
These studies will introduce you to Economics and Econometrics at advanced undergraduate and graduate level. They are intended for students whose previous qualification is not in a cognate field (that is, not in a field likely to prepare them for advanced study in this field). Students admitted to the course, who have a recognised degree or a graduate certificate in a cognate discipline will receive credit for this part.
Part B. Mastery knowledge
These units will develop your capacity as a critical and creative professional who is able to apply your knowledge of a specialised area to provide discipline based solutions.
Part C. Application studies
This will enable you to further develop your knowledge of your specialisation, or more broadly, or alternatively to select any units from across the university in which you are eligible to enrol. Some students use these electives units to provide a research pathway towards a Doctor of Philosophy course.
Postgraduate degree course in Mathematics, Operational Research, Statistics and Econometrics (MORSE) Masters/MSc:
This programme is both technical and pragmatic. You will acquire the ability to integrate state-of-the-art knowledge of statistics and optimisation to address, analyse and provide a rational appraisal of a given problem in different professional contexts. This is a multidisciplinary field that involves the study of mathematical optimisation techniques, operational research methods, programming and statistics with their applications to economics, finance, medicine, industrial management, natural sciences and others. The programme produces highly qualified students in statistics, operations research and econometrics with applications to economics and business management. The programme provides ideal preparation for a career in economics, health care, finance, banking, insurance, actuarial science, business management, governmental or academic institutions.
To be accepted onto this programme a high standard in a mathematically-based undergraduate degree must have been achieved, equivalent to a UK upper second or first class degree.
In the recent years, mathematical optimization and statistics have experienced significant new developments. With these developments, the system engineering, information science, signal and image processing, statistical error correction and cryptography are being revolutionised.
This has created urgent need, in both academic research and in practical implementation, for a new generation of mathematicians trained to work at the frontiers of mathematical optimization, statistics and their applications to engineering, healthcare, finance and economics.
Researchers at the University of Birmingham have recently shown how the modern optimization and statistical methods are successfully applied to engineering design, financial and economical data analysis, meta-analysis, economic equilibrium, network communication, and combinatorial optimization.
In the Autumn and Spring semesters, you will take masters-level courses in both advanced theory and applications of operational research, optimization and statistics, as well as the courses in modern computational techniques and data analysis.
In the summer you will undertake a research project, working with research leaders in optimization, statistics and econometrics, alongside mathematics and computation. These courses and project will provide relevant training in quantitative analysis together with multidisciplinary research and communication, a transferable skill, for whichever career path the MSc (MORSE) leads you to.
The course modules and research project will provide you with essential training in quantitative analysis together with multidisciplinary research and communication, a transferable skill which you will find valuable whatever career path you
pursue. Our graduates benefit from a growing global demand for these skills in sectors including economics, medicine, finance, insurance and industrial management.
University Careers Network
Preparation for your career should be one of the first things you think about as you start university. Whether you have a clear idea of where your future aspirations lie or want to consider the broad range of opportunities available once you have a Birmingham degree, our Careers Network can help you achieve your goal.
Our unique careers guidance service is tailored to your academic subject area, offering a specialised team (in each of the five academic colleges) who can give you expert advice. Our team source exclusive work experience opportunities to help you stand out amongst the competition, with mentoring, global internships and placements available to you. Once you have a career in your sights, one-to-one support with CVs and job applications will help give you the edge.
If you make the most of the wide range of services you will be able to develop your career from the moment you arrive.