An advanced qualification in applied economics offers an array of opportunities for those looking to advance their career and broaden their professional skill set.
Our Applied Economics (Business and Financial Markets) online MSc attracts professionals with an interest or career in banking and finance who are looking to sharpen their economic theory and hone their practical skills.
“By cutting away the abstract ideas and positioning economics firmly in the real world, we can help you apply advanced economics in your chosen field. Based on such secure foundations, our economics degree is ideal for students, with a good level of numeracy, to learn the core economics techniques they need to progress their career.”
— Dr. Simona Montagnana, Course Director
So, how do you know if this is the right course for you?
Let’s take a closer look at who chooses to study applied economics and the types of career paths they go on to follow.
Who chooses to study an Applied Economics course?
Due to the banking and financial markets focus of our Applied Economics MSc, a high proportion of current students have links to these industries in their current roles. 28% of our cohort are Financial Advisors and 19% are Analysts.
Areas of interest or expertise include public policy, credit risk, project evaluation and asset management.
However, Doctor, Civil Engineer, Pharmacist, IT Project Manager and Communications Officer were also amongst the job titles in the 2019 cohort, showcasing the diversity of the course’s appeal.
“Due to applied nature of this economics degree, this course is perfect for people who have had a first job or graduate training in an area that isn’t economics. For example, those who have studied business studies, law, psychology, or other courses with some element of numeracy, will find this course particularly beneficial. The skills offered on this course will give you the confidence to switch career track, whether you’re looking to get involved in economics research or work for an economics think tank.”
— Dr. Simona Montagnana, Course Director
Work experience – how much do students have?
No matter what stage you are in your career, an economics degree can accelerate your professional development and help you achieve your goals.
As well as a bachelor’s honours degree in a social science or business-related discipline, the majority of students choosing to study our Applied Economics MSc are already in employment. Many have at least 1 – 3 years’ work experience – although this is not essential in order to successfully apply.
Our MSc does not just attract those in the early years of their career; almost a quarter (24%) of entrants have 10 or more years in the workplace under their belt – some even have over 20 years employment on their CV’s.
Accelerate your career
We know that the key reason for studying an online master’s in economics is to develop your career and so we offer a holistic approach to supporting professional development in the workplace. As well as providing the teaching and experience you need, our tutors can help you improve your CV and find your perfect job.
The University of Bath is top ten for Graduate Prospects for undergraduates in Economics by The Complete University Guide 2021.
Graduates realise their career potential in a range of roles, including investment banking, risk analysis, market research, government policy and many others. Our students currently studying the Applied economics online MSc work for an assortment of prestigious companies and institutions including KPMG, Google, The Bank of England, AXA, Deloitte, Transport for London and Waitrose.
Economics graduates are also amongst the most well paid, consistently appearing in the top 10 lists for earning potential. Data released by the Department of Education in 2019 showed that on-campus economics graduates from the University of Bath have an average annual salary of £52,100 5 years after graduating – placing the course 7th out of 60 universities for graduate earnings.
According to the Times Higher Education, "The skills developed through studying economics are incredibly versatile and can be employed in a wide range of industries. For any career related to finance, an economics degree is a good foundation to build on. An economics graduate will have some unique and highly sought-after skills."
Are you interested in fast-tracking your career in banking and finance? Taught by published researchers at the Department of Economics, our Applied Economics (Business and Financial Markets) online MSc incorporates the latest thinking in economic theory, econometrics and finance as well as practical applications, to help you apply your learning to real-world scenarios.
To find out more complete our form below or contact our admissions team on +44 (0)1225 738 000.