MSc Economics and Data Science
Key Details
- Attendance
- Full Time
- Award
- Degree of Master of Science
- Course Length
- 1 years
- Course Start Date
- September 2023
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Course Overview
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 Masters 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 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
Structure
The course is a 12-month programme consisting of six taught modules followed by a dissertation.
The course profile of this MSc is similar to that of our MSc in Economics, consisting of advanced modules in Economic Theory and Econometrics. The course profile also includes two (compulsory) specialist data science modules.
In the Economic Theory and Econometrics modules, students will receive a thorough grounding in the tools of Economics and Econometrics.
It is the presence of the two specialist data science modules that make the MSc EDS unique. The two-module sequence develops data science skills in depth. The first module of the sequence (Programming and Analytics for Behavioural Economists) is focused on teaching students the fundamentals of programming, data management, data analysis and data visualization. The second module in the sequence (Economic Applications of Data Science) is focused exclusively on teaching economic applications of statistical learning methods building upon and expanding on the breadth of skills that students acquire in the first module.
Compulsory Modules
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 seminars (or lab sessions) per week. Your seminars are more interactive than lectures and provide you with an opportunity to raise questions arising from lectures.
In your programming and econometrics modules, your seminars will take place in computer labs, where you'll learn how to program and conduct econometric analysis using specialist econometric software.
You will also become practiced in independent study, spending time working on coursework assignments, preparing for seminars, and doing your own wider reading.
Assessment
Your modules will typically be assessed by a combination of coursework and examinations. Your exams will be two hours long and will take place during the summer assessment period.
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 will 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.
Entry Requirements
- Degree Classification
- Bachelors degree - 2.1 or equivalent
- Degree Subject
- Economics
- English Foreign Language
We welcome applications from students whose first language is not English. To ensure such students benefit from postgraduate study, we require evidence of proficiency in English. Our usual entry requirements are as follows:
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IELTS: 6.0 (minimum 5.5 in only two components with 6.0 in the others)
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PTE (Pearson): 64 (minimum 59 in only two components with 64 in the others)
Test dates should be within two years of the course start date.
Other tests, including Cambridge English exams and the Trinity Integrated Skills in English are also accepted by the university. The full list of accepted tests can be found here: Accepted English Language Tests
INTO UEA also run pre-sessional courses which can be taken prior to the start of your course. For further information and to see if you qualify please contact intopre-sessional@uea.ac.uk
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- Intakes
- This course is open to UK, EU and International applicants. The annual intake for this course is in September each year.
Fees and Funding
Tuition fees for the Academic Year 2023/24 are:
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UK Students: £10,500 (full time)
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International Students: £19,800 (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.
FURTHER INFORMATION
If you would like to discuss your individual circumstances prior to applying please do contact us:
Postgraduate Admissions Office
Tel: +44 (0)1603 591515
Email: admissions@uea.ac.uk
International candidates are also encouraged to access the International Students section of our website.
Employability
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.
Careers
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