MSc Economics and Data Science
- Full Time
- Degree of Master of Science
- Course Length
- 1 years
- Course Start Date
- September 2024
UEA’s School of Economics is lively, friendly, research-orientated and committed to excellence in teaching. We have an international reputation in many key areas, including theoretical and applied economics. Our research interests include behavioural and experimental economics, competition economics, environmental policy, conflict, contests and corporate behaviour, finance and financial markets, and applied econometrics.
Our MSc Economics and Data Science integrates a thorough grounding in data science skills into the framework of our traditional Master’s Programme in Economics.
There is currently much excitement surrounding the concepts of “big data” and “data science”. In many different sectors, there is a high and growing demand for skills in these areas. This degree provides some of these skills, along with a thorough grounding in Economics and Econometrics.
The degree is targeted at those who already have a strong background in Economics (i.e. at least an upper second-class degree, or equivalent, in Economics).
Moreover, the two components of this course fit naturally together because the focus of the data-science training is on economic applications.
Study and Modules
The course is a 12-month programme consisting of six taught modules followed by a dissertation.
MSc Economics and Data Science is similar to that of our MSc in Economics, consisting of advanced modules in the areas of Economic Theory and Econometrics. This course also includes specialist data science modules.
The specialist data science modules make our MSc Economics and Data Science unique. Throughout these modules you’ll develop data science skills in depth.
The first module of the sequence focuses on teaching you the fundamentals of programming, data management, data analysis and data visualization. The second module focuses on teaching economic applications of statistical learning methods building upon and expanding on the breadth of skills that you’ll acquire in the first module.
Whilst the University will make every effort to offer the modules listed, changes may sometimes be made arising from the annual monitoring, review and update of modules. Where this activity leads to significant (but not minor) changes to programmes and their constituent modules, the University will endeavour to consult with students and others. It is also possible that the University may not be able to offer a module for reasons outside of its control, such as the illness of a member of staff. In some cases optional modules can have limited places available and so you may be asked to make additional module choices in the event you do not gain a place on your first choice. Where this is the case, the University will inform students.
Teaching and Learning
The teaching of your modules will be spread over two semesters. In a typical module, you'll have two hours of lectures and one hour of workshops (or lab sessions) per week. Your workshops are more interactive than lectures and provide you with an opportunity to raise questions arising from lectures.
In your programming and econometrics modules, your workshops will take place in computer labs, where you'll learn how to program and conduct econometric analysis using specialist econometric software.
You’ll also become practiced in independent study, spending time working on coursework assignments, preparing for seminars, and doing your own wider reading.
Your modules will typically be assessed by a combination of coursework and examinations. Your coursework will be in a variety of forms – including take-home assignments, seminar presentations, written tests, computer tests and your dissertation (which you'll submit at the end of August).
Throughout your course, you'll be given guidance on your work and constructive feedback to help you improve. You'll receive written feedback for all pieces of coursework and further guidance will be available from your module’s organisers.
If you have additional needs due to disabilities such as sensory impairment or learning difficulties such as dyslexia, please talk to our Student Support Service about how we can help.
- Degree Classification
- Bachelors degree (minimum 2:1 or equivalent)
- Degree Subject
- Any subject acceptable.
- English Foreign Language
Applications from students whose first language is not English are welcome. We require evidence of proficiency in English (including writing, speaking, listening and reading):
IELTS: 6.0 overall with minimum 6.0 in Writing & Speaking and 5.5 in Listening & Reading
Test dates should be within 2 years of the course start date.
We also accept a number of other English language tests. Review our English Language Equivalencies for a list of qualifications that we may accept to meet this requirement.
If you do not yet meet the English language requirements for this course, INTO UEA offer a variety of English language programmes which are designed to help you develop the English skills necessary for successful undergraduate study:
This course is open to UK and International applicants. The annual intake for this course is in September each year .
Additional Information or Requirements
Our Admissions Policy applies to the admissions of all postgraduate applicants.
Fees and Funding
Tuition fees for the Academic Year 2024/25 are:
UK Students: £11,025 (full time)
International Students: £21,200 (full time)
If you choose to study part-time, the fee per annum will be half the annual fee for that year, or a pro-rata fee for the module credit you are taking (only available for Home students).
We estimate living expenses at £1,023 per month.
Further Information on tuition fees can be found here.
Scholarships and Bursaries
The University of East Anglia offers a range of Scholarships; please click the link for eligibility, details of how to apply and closing dates.
Course Related Costs
Please see Additional Course Fees for details of course-related costs.
How to Apply
Applications for Postgraduate Taught programmes at the University of East Anglia should be made directly to the University.
To apply please use our online application form.
If you would like to discuss your individual circumstances prior to applying, please do contact us:
Postgraduate Admissions Office
Tel: +44 (0)1603 591515
International candidates are also encouraged to access the International Students section of our website.
After the Course
Upon completing this MSc, students will be ready to pursue a career in government, banking and finance, healthcare, regulation, human resources or executive management as an applied data scientist.
Students could progress to PhD study.
A degree at UEA will prepare you for a wide variety of careers. We've been ranked 1st for Job Prospects by StudentCrowd in 2022.
Examples of careers that you could enter include:
- Government agencies
- Private Sector Consultancies
- Healthcare consultancies
- PhD study