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.

The programme begins in early August, and the dissertation submission deadline is in July.

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.

These entry requirements are for the 2022/23 academic year and requirements for future academic years may differ. Entry requirements for the 2023/24 academic year will be published on 3 October 2022.

A UK 2:1 honours degree with an overall mark of at least 65%, 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.

(*Revised 8 November 2021 to change the degree classification required from first-class to 2:1 with an overall mark of at least 65%.)

Students from China

This degree is Band C.

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

We accept the following English language qualifications at the grades specified*:

  • IELTS Academic: total 7.0 with at least 6.5 in reading and listening, and 6.0 in all other sections.
  • TOEFL-iBT (including Home Edition): total 100 with 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.
  • C1 Advanced (CAE) / C2 Proficiency (CPE): total 185 with at least 176 in listening and reading, and 169 in speaking and writing)
  • Trinity ISE: ISE III with passes in all four components.
  • PTE Academic: total 70 with at least 62 in the reading and listening components and 59 in each other component.

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, Trinity ISE or PTE, in which case it must be no more than two years old.

(*Revised 17 November 2021 to add accepted PTE Academic qualifications.)

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:

Featured funding

UK government postgraduate loans

If you live in the UK, you may be able to apply for a postgraduate loan from one of the UK’s governments.

The type and amount of financial support you are eligible for will depend on:

  • your programme
  • the duration of your studies
  • your tuition fee status

Programmes studied on a part-time intermittent basis are not eligible.

Other funding opportunities

Search for scholarships and funding opportunities:

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

Due to high demand, the school operates a number of selection deadlines. We will make a small number of offers to the most outstanding candidates on an ongoing basis, but hold the majority of applications until the next published selection deadline when we will offer a proportion of the places available to applicants selected through a competitive process.

Deadlines for applicants applying to study in 2022/23:

Round Application deadline Places awarded by
1 06 December 2021 01 February 2022
2 07 March 2022 26 April 2022
3 06 June 2022 07 July 2022

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