Postgraduate taught 

Economics MSc

The Masters in Economics provides you with the expertise needed for data-driven decision making. Designed to equip you with essential skills for roles as economic analysts, policy advisors, consultants, researchers, or data scientists, the programme covers key areas such as public policy, financial market analysis, economic forecasting, and development planning. In semester two, you can choose to specialise in either Economics or Economics & Econometrics.

Why this programme

  • This programme aims to bridge academia and industry through connections with central banks, policy bodies, and the private sector, incorporating economics, mathematics, data science, finance, behavioural economics, and computer science.
  • You can tailor your studies to your career goals by choosing between the Economics or Economics & Econometrics pathways.
  • The programme focuses on sustainability and diversity, and equips you to navigate the complexities of today's global business landscape.
  • You will develop a comprehensive understanding of economic decision-making and apply economic theories to real-world issues like public policy, global development, and sustainability.
  • Hands-on workshops with data exercises and economic modelling tasks help you apply methods and gain practical skills in software like Python, R, Matlab, Stata, and EViews.
  • A highlight of the programme, an applied project or case study in financial economics allows you to address industry challenges and showcase your interdisciplinary competencies.
  • You will benefit from comprehensive support from our experienced staff, with access to top-tier resources to excel in your studies and career.

Adam Smith Business School is triple accredited

Programme structure

You will take four core courses and 50 credits of optional courses from your chosen pathway. Additionally, you will take a research methods course and carry out an applied project or case study in economics.

Core courses

Optional courses

Economics pathway

Economics & Econometrics pathway

You will take a pre-sessional mathematics course in the first two weeks. This ensures all student begin the programme on the same mathematical footing.

*If you take Mathematical Methods 2, and two of these three optional courses: Microeconomic Theory 2, Macroeconomic Theory 2, Econometrics 2, you can choose to extend your studies for a second year and join the Economics, MRes.

Programme alteration or discontinuation
The University of Glasgow endeavours to run all programmes as advertised. In exceptional circumstances, however, the University may withdraw or alter a programme. For more information, please see: Student contract.

Career prospects

As a graduate of this programme, you will have advanced knowledge in economic theory and analysis, with a strong base in areas like microeconomics, macroeconomics, and econometrics. You will be skilled in data analysis and using statistical tools to solve complex economic problems. Moreover, you can interpret economic data for policy-making, conduct independent research, and communicate findings clearly.

Career opportunities include roles as:

  • Economic Analysts
  • Policy Advisors
  • Consultants
  • Researchers
  • Data Scientists

Engaging in areas such as public policy design, financial market analysis, economic forecasting, and development planning.

Fees & funding

Tuition fees for 2025-26

MSc

UK

  • Full-time fee: £15000

International & EU

  • Full-time fee: £31800

Deposits

International and EU applicants are required to pay a deposit of £2000 within four weeks of an offer being made.

Deposits: terms & conditions

This programme requires some students to pay a deposit to secure their place.

If you are an international student, we will only issue a Confirmation of Acceptance for Studies (CAS) once the deposit has been paid.

Your offer letter will state:

  • how to pay the deposit payment
  • the deadline for paying the deposit

The following guidelines will apply in determining whether a deposit will be refunded. Where the deposit is refunded, a 25% handling fee will be deducted.

Deposits will be refunded to applicants under the following circumstances:

  1. Where the University is unable to offer you a place.
  2. Where the applicant has personal circumstances such as illness, bereavement or other family situations that has prevented them coming to the UK. Medical or other proof may be requested.
  3. Applicant can prove that they have applied for a visa to attend the University of Glasgow, but the VISA has been refused. The applicant must have shown 'real intent' to study at the University of Glasgow but has been unable to obtain their visa.
  4. Applicant does not meet his / her conditions of offer: this may be academic or language test requirements. Satisfactory evidence must be uploaded to the student’s applicant self-service to prove that they have not met the conditions of their offer (note that applicants who do not meet the language condition of their offer must show reasonable attempt to meet this, i.e. they must provide a language test which was taken after the date that the deposit was paid).

Deposits will not be refunded to applicants under the following circumstances:

  1. Applicant has decided to defer – in this situation the University will retain the deposit and credit it against the applicant’s account for securing their place for the following year of entry.

Refund requests must be made within 30 days of the programme start date stated on your offer letter.

Requests made after this date will be subject to discretion.


Application fee

A fee of £25 per application must be paid by all applicants to this programme. The application fee will be requested when you apply online and it can be paid using your credit or debit bank card.

Application fee: Terms and conditions

The application fee is non-refundable so it is important that you check any specific entry requirements for the programme. If you are applying with qualifications from outside the UK then you should check the postgraduate taught entry requirements for your country: see International students: In your country

Applicants who are sponsored may have the application fee waived at the point of applying online. However if the sponsorship status changes before the student registers with the University and the student is self-funding the University reserves the right to invoice the student for the initial application fee.


Additional fees

  • Fee for re-assessment of a dissertation (PGT programme): £370
  • Submission of thesis after deadline lapsed: £350
  • Registration/exam only fee: £170

Entry requirements

A 2.1 Honours degree (or non-UK equivalent)t in Economics, Finance, Engineering, Mathematics, Statistics, or a related discipline with some quantitative focus. 

Only applications that meet or exceed our stated entry requirements will go forward for consideration. Any application that does not will be automatically rejected. Applicants will be made offers based on their relative performance compared to other applicants, taking into account both current GPA, or degree classification, and the relevance of an applicant’s academic background.

Please note, applications that meet our minimum entry requirements may still be rejected, based on its score in comparison to other applications received during the same round. Please review our stated entry requirements to ensure you meet or exceed them before submitting your application.

English language requirements

For applicants from non-English speaking countries, as defined by the UK Government, the University sets a minimum English Language proficiency level.

International English Language Testing System (IELTS) Academic and Academic Online (not General Training)

  • 6.5 with no subtests under 6.0
  • IELTS One Skill Retake Accepted
  • Tests must have been taken within 2 years 5 months of start date. Applicants must meet the overall and subtest requirements using a single test.

Common equivalent English language qualifications for entry to this programme

TOEFL (ibt, mybest or athome)

  • 90 overall with Reading 20; Listening 19; Speaking 19; Writing 21
  • Tests must have been taken within 2 years 5 months of start date. Applicants must meet the overall and subtest requirements, this includes TOEFL mybest.

Pearsons PTE Academic

  • 59 with minimum 59 in all subtests
  • Tests must have been taken within 2 years 5 months of start date. Applicants must meet the overall and subtest requirements using a single test.

Cambridge Proficiency in English (CPE) and Cambridge Advanced English (CAE) 

  • 176 overall, no subtest less than 169
  • Tests must have been taken within 2 years 5 months of start date. Applicants must meet the overall and subtest requirements using a single test.

Oxford English Test

  • 7 overall with no subtest less than 6
  • Tests must have been taken within 2 years 5 months of start date. Applicants must meet the overall and subtest requirements using a single test.

LanguageCert Academic SELT

  • 70 overall with no subtest less than 60
  • Tests must have been taken within 2 years 5 months of start date. Applicants must meet the overall and subtest requirements using a single test.

Password Skills Plus

  • 6.5 overall with no subtest less than 6.0
  • Tests must have been taken within 2 years 5 months of start date. Applicants must meet the overall and subtest requirements using a single test.

Trinity College Tests

  • Integrated Skills in English II & III & IV: ISEII Distinction with Distinction in all sub-tests
  • Tests must have been taken within 2 years 5 months of start date. Applicants must meet the overall and subtest requirements using a single test.

University of Glasgow Pre-sessional courses

  • Tests are accepted for 2 years following date of successful completion.

Alternatives to English Language qualification

  • Degree from majority-English speaking country (as defined by the UKVI including Canada if taught in English)
    • students must have studied for a minimum of 2 years at Undergraduate level, or 9 months at Master's level, and must have completed their degree in that majority-English speaking country within the last 6 years.
  • Undergraduate 2+2 degrees from majority-English speaking country (as defined by the UKVI including Canada if taught in English)
    • students must have completed their final two years study in that majority-English speaking country within the last 6 years.

For international students, the Home Office has confirmed that the University can choose to use these tests to make its own assessment of English language ability for visa applications to degree level programmes. The University is also able to accept UKVI approved Secure English Language Tests (SELT) but we do not require a specific UKVI SELT for degree level programmes. We therefore still accept any of the English tests listed for admission to this programme.

Pre-sessional courses

The University of Glasgow accepts evidence of the required language level from the English for Academic Study Unit Pre-sessional courses. We would strongly encourage you to consider the pre-sessional courses at the University of Glasgow's English for Academic Study (EAS) Unit. Our Pre-sessional courses are the best way to bring your English up to entry level for University study. Our courses give you:

  • direct entry to your University programme for successful students (no need to take IELTS)
  • essential academic skills to help you study effectively at University
  • flexible entry dates so you can join the right course for your level.

For more detail on our pre-sessional courses please see:

We can also consider the pre-sessional courses accredited by the below BALEAP approved institutions to meet the language requirements for admission to our postgraduate taught degrees:

  • Heriot Watt
  • Kingston Upon Thames
  • Middlesex University
  • Manchester University
  • Reading University
  • Edinburgh University
  • ST Andrews University
  • UCL
  • Durham.

 

For further information about English language requirements, please contact the Recruitment and International Office using our enquiry form

International students

We are proud of our diverse University community that includes students and staff from more than 140 different countries.

How to apply

To apply for a postgraduate taught degree you must apply online. We cannot accept applications any other way.

Please check you meet the Entry requirements for this programme before you begin your application.

Documents

As part of your online application, you also need to submit the following supporting documents:

  • A copy (or copies) of your official degree certificate(s) (if you have already completed your degree)
  • A copy (or copies) of your official academic transcript(s), showing full details of subjects studied and grades/marks obtained
  • Official English translations of the certificate(s) and transcript(s)
  • One reference letter on headed paper
  • Evidence of your English language ability (if your first language is not English)
  • Any additional documents required for this programme (see Entry requirements for this programme)
  • A copy of the photo page of your passport

You have 42 days to submit your application once you begin the process.

You may save and return to your application as many times as you wish to update information, complete sections or upload supporting documents such as your final transcript or your language test.

For more information about submitting documents or other topics related to applying to a postgraduate taught programme, see how to apply for a postgraduate taught degree

Guidance notes for using the online application

These notes are intended to help you complete the online application form accurately; they are also available within the help section of the online application form. 

If you experience any difficulties accessing the online application, see Application System Help.

  • Name and Date of birth: must appear exactly as they do on your passport. Please take time to check the spelling and lay-out.
  • Contact Details: Correspondence address. All contact relevant to your application will be sent to this address including the offer letter(s). If your address changes, please contact us as soon as possible.
  • Choice of course: Please select carefully the course you want to study. As your application will be sent to the admissions committee for each course you select it is important to consider at this stage why you are interested in the course and that it is reflected in your application.
  • Proposed date of entry: Please state your preferred start date including the month and the year. Taught masters degrees tend to begin in September. Research degrees may start in any month.
  • Education and Qualifications: Please complete this section as fully as possible indicating any relevant Higher Education qualifications starting with the most recent. Complete the name of the Institution (s) as it appears on the degree certificate or transcript.
  • English Language Proficiency: Please state the date of any English language test taken (or to be taken) and the award date (or expected award date if known).
  • Employment and Experience: Please complete this section as fully as possible with all employments relevant to your course. Additional details may be attached in your personal statement/proposal where appropriate.

Reference: Please provide one reference. This should typically be an academic reference but in cases where this is not possible then a reference from a current employer may be accepted instead. Certain programmes, such as the MBA programme, may also accept an employer reference. If you already have a copy of a reference on letter headed paper then please upload this to your application. If you do not already have a reference to upload then please enter your referee’s name and contact details on the online application and we will contact your referee directly.

Application fee

A fee of £25 per application must be paid by all applicants to this programme. The application fee will be requested when you apply online and it can be paid using your credit or debit bank card.

Application fee: Terms and conditions

The application fee is non-refundable so it is important that you check any specific entry requirements for the programme. If you are applying with qualifications from outside the UK then you should check the postgraduate taught entry requirements for your country: see International students: In your country

Applicants who are sponsored may have the application fee waived at the point of applying online. However if the sponsorship status changes before the student registers with the University and the student is self-funding the University reserves the right to invoice the student for the initial application fee.

Find out more about Application fees


Application deadlines

September 2025

International & EU applicants

Due to demand for degree places on this programme, the University has an application process with application rounds which recognises that different geographical areas complete and submit their applications at different times of the year. This process aims to ensure fairness and equity to applicants from all geographic regions.

Round 1 application dates: 1 October 2024 to 4 November 2024

All international applications submitted within these dates will be reviewed with no priority given to any geographic region. You will receive our decision on your application by 22 January 2025.

Round 2 application dates: 5 November 2024 to 16 December 2024

All international applications submitted within these dates will be reviewed with no priority given to any geographic region. You will receive our decision on your application by 10 March 2025.

Round 3 application dates: 17 December 2024 to 3 February 2025

Priority will be given to under-represented geographic regions. You will receive our decision on your application by 21 April 2025.

Round 4 application dates: 4 February 2025 to 24 March 2025

Priority will be given to under-represented geographic regions. You will receive our decision on your application by 19 May 2025.

Round 5 application dates: 25 March 2025 to 12 May 2025

Priority will be given to under-represented geographic regions. You will receive our decision on your application by 7 July 2025.

Round 6 application dates: 13 May 2025 to 7 July 2025

Priority will be given to under-represented geographic regions. You will receive our decision on your application by 18 August 2025.

All international applications submitted by 16 December 2024 will be reviewed and processed normally with no priority given to any geographic region. From 17 December 2024, priority will be given to applications from geographic areas which have been unable to submit applications before that point.

As we receive a great number of applications, prospective students are only allowed to apply once per year.

UK applicants

  • 22 August 2025
Apply now

Skills Award

Related programmes

Business

more related Business programmes

Economics

more related Economics programmes

Related links

Students chatting at the quadrangle

Postgraduate events

2 students studying in the James McCune Smith building

Keep in touch