|Study location||United Kingdom, Colchester Campus|
|Type||Master courses, full-time|
|Nominal duration||1 year|
|Tuition fee||£15,500 per year|
Undergraduate diploma (or higher)
A degree with an overall Class 1.
The entry qualification documents are accepted in any language
IELTS: 6.5 overall (with a minimum component score of 5.5)
At least 1 reference(s) must be provided.
Reference should be written on official letterhead, signed and dated. Please upload it in the Documents section.
At Essex we push the frontiers of accepted wisdom, critically examining the decisions of individuals, the strategies of firms, and the policies of governments to understand and challenge the standard paradigms of economics. Our popular flagship masters course provides you with a stimulating route into PhD studies, and develops the expert research mind-set required for a high-profile job in finance or business.
Our course provides you with the necessary tools to pursue research at PhD level. It is comparable to the first year of a PhD programme in a top US institution, and serves as the first year of our four-year PhD programme, if you decide to stay at Essex.
You receive advanced training in the three core areas of microeconomics, macroeconomics and econometrics, studying a range of modules in the year, including:
- The competitive economy and imperfections in markets
- Key paradigms of macroeconomics, econometric methods and mathematical methods
- Strategic behaviour, public choice and general equilibrium
We are top 5 in the UK for research, with over 90% of our research rated as “world-leading” or “internationally excellent”. Much of this world-class research is related to policy, and we have particular strengths in the areas of:
- Game theory and strategic interactions
- Theoretical and applied econometrics
- Labour economics
The quality of our work is reflected in our stream of publications in high-profile academic journals, including American Economic Review, Econometrica, and Review of Economic Studies.
Time Series Econometrics
Estimation and Inference in Econometrics
After completing your masters, you may wish to extend your knowledge with a research degree – many Essex graduates decide to stay here for further study.
Alternatively, our course also prepares you for employment; recent surveys have shown that higher degree graduates are more likely to obtain jobs at professional or managerial level.
Our recent graduates have gone on to work for a range of high-profile organisations:
The Ministry of Finance
The Work Foundation
Schroders Investment Management
More generally, our graduates find employment in roles such as business and financial analysts, management consultants, government officials, and economists for banks and other financial organisations.