Economics (Master's Apprenticeship Programme) MSc

Program Overview

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The Economics (Master's Apprenticeship Programme) MSc at Queen Mary University of London is a two-year program that combines academic study with practical work experience. Students gain a strong foundation in economics and econometrics while applying their knowledge in a real-world setting through an apprenticeship with a local employer. The program prepares graduates for careers in economics, econometrics, policy analysis, and related fields.

Program Outline

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Economics (Master's Apprenticeship Programme) MSc

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Degree Overview:

• This is a two-year program designed for individuals interested in pursuing a career in economics while gaining practical experience through an apprenticeship with a local employer.
• The program aims to equip students with the essential theoretical and empirical frameworks in economics and econometrics, including microeconomics, macroeconomics, econometrics, and spatial economics.
• It also emphasizes the development of key employability skills through workshops and guest lectures from industry experts.
• The apprenticeship element of the program allows students to apply their knowledge in a real-world setting and gain valuable work experience.

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Outline:

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Year 1:

• Students will take taught modules focusing on microeconomic and macroeconomic theory, econometrics, and quantitative methods.
• This provides them with a strong foundation in the key concepts and techniques used in economics.

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Year 2:

• Students will complete an apprenticeship with a local business or organization.
• During this period, they will work on a real-world economics project under the supervision of an experienced mentor.
• Alongside the apprenticeship, students will also complete a research dissertation under the guidance of a faculty member.

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Compulsory modules

• Microeconomics for Policy (Year 1): This module provides a thorough understanding of microeconomic theory and its application to economic policy.
• Quantitative Methods with Policy Applications (Year 1): This module equips students with the essential quantitative and econometric methods used in economics research and policy analysis.
• Internship (Year 2): This module allows students to gain valuable real-world experience by participating in a six-month paid internship.

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Optional modules

• Applied Microeconomics (Year 1): This module covers advanced microeconomic topics such as time series econometrics, causal inference, and the analysis of large datasets.
• Time Series Econometrics and Forecasting (Year 2): This module focuses on the analysis of time series data and the forecasting of economic variables.
• International Economics (Year 2): This module explores the determinants of international trade and economic development.
• Public Economics (Year 2): This module examines the role of government intervention in the economy and the design of public policies.
• Big Data and Machine Learning (Year 2): This module covers the use of advanced data analytics tools in economics.
• Labour Economics (Year 2): This module investigates the functioning of labor markets and the factors that influence labor supply and demand.
• Economics of Health and Education (Year 2): This module analyzes the economics of health and education systems.
• Environmental Economics and Climate Change (Year 2): This module explores the economic aspects of environmental issues and climate change.
• Competition Policy and the Economics of Regulation (Year 2): This module examines the role of competition policy and regulation in promoting economic efficiency and welfare.
• Behavioural Economics (Year 2): This module explores the application of insights from psychology and behavioral science to economic decision-making.
• Advanced Macroeconomics (Year 2): This module explores advanced topics in macroeconomics, such as economic growth and monetary policy.
• Spatial Economics (Year 2): This module examines the economic implications of spatial relationships and geographical factors.
• Economics of Inequality (Year 2): This module explores the sources and consequences of economic inequality.
• Development Economics (Year 2): This module examines the challenges and opportunities faced by developing countries.
• Economics of Central Banking (Year 2): This module explores the role and functions of central banks in the modern economy.

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Assessment:

• Assessment methods vary depending on the modules but typically include a combination of exams, coursework, and projects.
• For the research dissertation, students will be assessed on the originality of their research, the quality of their analysis, and the clarity of their presentation.

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Teaching:

• The program is taught by experienced economists and econometricians with extensive research experience.
• Teaching methods include lectures, seminars, group work, and individual supervision.
• The program also provides opportunities for students to develop their research skills through workshops and participation in research groups.

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Careers:

• This program prepares graduates for a variety of careers in economics, econometrics, policy analysis, and related fields.
• Potential employers include government departments, central banks, research institutions, and private sector organizations.

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Other:

• The program is offered by the School of Economics and Finance at Queen Mary University of London.
• The School is a leading research center in economics and finance with a strong track record of excellence.
• The Master's Apprenticeship in Economics program provides students with a unique opportunity to combine academic study with practical work experience.

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Home: TBC Overseas: TBCThe course fee is charged per annum for the first 2 years.