Postgraduate study

Mathematical Economics and Econometrics MSc

Awards: MSc

Study modes: Full-time

Funding opportunities

The Masters in Mathematical Economics and Econometrics enables students who have a strong quantitative background in subjects such as mathematics, physics, engineering and computer science, to acquire a Masters level understanding of economics.

It is an intensive programme providing a thorough grounding in the latest research methods in economics and econometrics. Our programme will prepare you for undertaking a career as a professional economist. It may also be of interest to those planning to enter an international PhD programme.

The programme is delivered on site at the central campus of the University. The programme covers standard postgraduate level microeconomics, macroeconomics and econometrics, building up from the foundations of these three subjects. Of the 180 credits that comprise the programme, 130 are in these core subjects.

There are also opportunities to audit other advanced courses, and to attend workshops in specialised areas. The coursework component is followed by a 50 credit dissertation.

Courses are taught by experienced academics based at the University. Many courses are shared with our existing Masters in economics, and some of these are taught by academics from other leading Scottish universities.

You will gain a knowledge and understanding of topics in microeconomics, macroeconomics, and econometrics at an advanced level. You will also gain a broad knowledge and understanding of key economic and social issues, as well as principles and models required to proceed to a career as a professional economist in the private or public sector.

Ability to apply knowledge of advanced economics as well as relevant mathematical and statistical techniques to evaluate recent research and issues at the forefront of the discipline. As a graduate, you will also be well equipped to progress to a research degree.

Opportunities include working for the Government - for example the Government Economic Service within the Scottish Government. There are also opportunities to work as an economist within a financial organisation and to work with international organisations.

The skills you will learn throughout the programme will also equip you for a career in other areas and professions, including:

  • business
  • management and consultancy
  • overseas development agencies and international institutions
  • not-for-profit organisations
  • Government departments
  • research economists with journals and media agencies

Our MSc programme will also act as a pathway into PhD study globally.

A UK first-class honours degree or its international equivalent, in a quantitative subject such as mathematics, physics, engineering, actuarial science, computer science, or a joint degree in economics and one of these subjects. Your degree must have included a course with content on probability. Relevant experience, or professional or other qualifications will also be considered.

You can apply without having a graduate admissions exam result (GRE or GMAT). Your application, however, may be substantially stronger if you do include such a result. We may also stipulate that you must attain a specified grade in one of these tests as a condition of entry if you do not meet the minimum academic entry requirement.

If we require you to take either test, we would expect a score of a quantitative reasoning result in the 85th percentile or higher to qualify for a place. We do not formally consider results from the Verbal and Analytical sections in our assessment of your application.

International qualifications

Check whether your international qualifications meet our general entry requirements:

English language requirements

You must demonstrate a level of English language competency at a level that will enable you to succeed in your studies, regardless of your nationality or country of residence.

English language tests

For 2020 entry we accept the following English language qualifications at the grades specified*:

  • IELTS: total 7.0 (at least 6.5 in reading and listening, and 6.0 in all other sections)
  • TOEFL-iBT (including Special Home Edition): total 100 (at least 23 in listening and reading, and 20 in speaking and writing). We do not accept TOEFL MyBest Score to meet our English language requirements.
  • PTE Academic: total 67 (at least 61 in listening and reading, and 56 in speaking and writing)
  • CAE and CPE: total 185 (at least 176 in listening and reading, and 169 in speaking and writing)
  • Trinity ISE: ISE III with a pass in all four components

For 2021 entry we will accept the following English language qualifications at the grades specified*:

  • IELTS: total 7.0 (at least 6.5 in reading and listening, and 6.0 in all other sections)
  • TOEFL-iBT (including Special Home Edition): total 100 (at least 23 in listening and reading, and 20 in speaking and writing). We do not accept TOEFL MyBest Score to meet our English language requirements.
  • CAE and CPE: total 185 (at least 176 in listening and reading, and 169 in speaking and writing)
  • Trinity ISE: ISE III with a pass in all four components

*(Revised 21 February 2020 to remove PTE Academic from 2021 entry requirements. Revised 21 April 2020 to include TOEFL-iBT Special Home Edition in 2020 and 2021 entry requirements.)

Your English language qualification must be no more than three and a half years old from the start date of the programme you are applying to study, unless you are using IELTS, TOEFL, PTE Academic or Trinity ISE, in which case it must be no more than two years old.

Degrees taught and assessed in English

We also accept an undergraduate or postgraduate degree that has been taught and assessed in English in a majority English speaking country, as defined by UK Visas and Immigration:

We also accept a degree that has been taught and assessed in English from a university on our list of approved universities in non-majority English speaking countries.

If you are not a national of a majority English speaking country, then your degree must be no more than three and a half years old at the beginning of your programme of study.

Find out more about our language requirements:

Read our general information on tuition fees and studying costs:

Search for scholarships and funding opportunities:

  • Postgraduate Office
  • School of Economics
  • 30 Buccleuch Place
  • Central Campus
  • Edinburgh
  • EH8 9JT

We strongly recommend you submit your completed application as early as possible, particularly if you are also applying for funding or will require a visa. We may consider late applications if we have places available.

Find out more about the general application process for postgraduate programmes:

Further information

  • Postgraduate Office
  • School of Economics
  • 30 Buccleuch Place
  • Central Campus
  • Edinburgh
  • EH8 9JT