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.