University of Manchester Launches New MSc Economics and Data Science for 2024 | Program Overview, Curriculum, and Admission Requirements

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The University of Manchester has introduced a brand-new MSc in Economics and Data Science for 2024, designed to cultivate versatile professionals equipped with advanced economic theory and data science skills. This one-year program covers core areas such as microeconomic and macroeconomic theory, econometric methods, and machine learning, along with diverse elective options in finance, healthcare, and environmental policy. It enables students to apply data science methods to real-world economic problems, laying a solid foundation for careers in banking, consulting, government agencies, or academia.

Applicants are required to hold a UK 2:1 Honours degree or equivalent in a quantitative discipline such as economics, mathematics, or computer science, and must be proficient in statistical programming languages like R or Python. Those without an economics background need to demonstrate sufficient exposure through relevant studies or work experience. The language requirements are rigorous: an IELTS overall score of 7.0 (with 7.0 in writing and no less than 6.5 in other components). The application deadline is 31 July 2024. CheersYou(清柚教育) advises interested students to prepare materials early and seize the opportunities offered by this emerging interdisciplinary field.

 

The University of Manchester has recently released information about its new master's program, Economics and Data Science, which will welcome its first cohort of students in 2024:

 

 

 

Program Introduction:

 

The University of Manchester's Economics and Data Science program (MSc) aims to equip students with in-depth training in data science and advanced economic theory, enabling them to thrive in emerging fields.

 

Students will learn to analyze real-world economic problems by thinking through economic theory and applying appropriate empirical methods using data science approaches.

 

They can also specialize in various areas of economics and econometrics through the program.

 

 

 

Duration:

One year

 

Curriculum:

A total of 180 credits are required (coursework: 135 credits; research component (individual project/dissertation): 45 credits).

 

Students must complete five core courses and two elective courses.

 

Core Courses:

  1. Microeconomic Theory

  2. Macroeconomic Theory

  3. Econometric Methods

  4. Data Science and Machine Learning 1 & 2

  5. Skills for Data Scientists

 

Elective Courses:

  1. Financial Econometrics

  2. Applied Macroeconometrics

  3. Microeconometrics

  4. Health Economics

  5. Economics of Environmental Policy

  6. Labour Economics

 

 

 

Application Timeline:

Deadline: 31 July 2024

 

Application Requirements:

 

  • Academic Background:

  1. A UK 2:1 Honours degree (or overseas equivalent) in economics or another quantitative discipline such as mathematics or computer science.

  2. A strong background in statistical programming languages such as R, Python, Julia, or MATLAB.

  3. Applicants without an economics degree must demonstrate substantial exposure to economics through their studies or work experience.

 

  • Language Proficiency:

  1. IELTS: Overall 7.0, with 7.0 in Writing and no less than 6.5 in other components.

  2. TOEFL iBT: 100, with 25 in Writing and no less than 22 in each section.

  3. PTE: Overall 76, with 76 in Writing and no less than 70 in other components.

 

 

*The list of required application materials will be updated once the program has been approved and the online application portal opens.

 

Career Prospects:

 

  1. Future career fields:

  • Banking/Finance

  • Local/National Government

  • Consulting

  • Accounting

  • Academia

  • Research and Development

 

 

  1. Sample list of employers for Manchester economics graduates:

  • World Bank

  • UK Treasury

  • Ministry of Justice

  • National Health Service (NHS)

  • J.P. Morgan

  • Deloitte

  • PwC

  • Bank of China

  • African Union

 

 

This is the introduction to the new MSc Economics and Data Science program at the University of Manchester's School of Social Sciences. For more application tips, feel free to add the CheersYou(清柚教育) consultant's contact information below for consultation!