Economics for the real world

With today’s businesses having to do more with less, implementing economic theory is key. This is why we put the practical application of economics at the heart of our economics degree.

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.

As the first university in the UK to offer a master’s in applied economics online, this course gives those unable to interrupt their careers to attend campus, a unique opportunity to make their mark.

'A better understanding of economics complements my existing qualifications, furthers my career and enables me to better respond to future opportunities. Though I enjoy working in asset management, obtaining this degree widens my range of career options both within and outside of financial markets.'
Ané Craig, Applied Economics (Banking and Financial Markets) online MSc student

Quick course facts

Choose Bath online

Taught by published researchers at the Department of Economics, your studies will be fuelled by the latest thinking in economic theory, econometrics and finance. To ground these contemporary ideas and theoretical approaches, our lecturers explore their application in a real-world setting, using case studies and interactive exercises. This approach ensures you have the skills and the confidence to put what you’ve learnt into practice after graduation.

The Guardian in 2022 rated the University of Bath’s undergraduate accounting and finance degrees third in the UK.1 Whether you’re looking to work in government or industry, in banking or in finance, our online economics degree will support your career aspirations.

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Economics can be as elegant and pure as a break-through mathematical theorem, as effective as an automatic trading algorithm, or as committed as an education or health campaign. By doing the MSc in Applied Economics with Bath you will learn how to see through the economic nature of societal challenges and learn how to turn sophisticated theories into working practice.

Dr. Simona Montagnana

Career impact

For individuals keen to switch career, or elevate their expertise for a current role, the online master’s in economics is key. The practical application of economics offered here will give you the tools to respond to economics issues in the world of banking and finance and public economics. For professionals such as accountants and lawyers, this economics online course is particularly useful for mastering the economic knowledge necessary to move into policy advice or to head up an economic think tank.

Why it matters who you learn with.

As you narrow down the possibilities of where to pursue your degree, consider who you'll learn with. Your cohort can be a strong benefit to the course you select. When your peers come from around the world and share similar professional roles, their experiences enhance your learning and worldview. By learning alongside a diverse cohort, you'll strengthen your professional skills, cultural knowledge, professional network and can contribute to more areas of business. See just who you'll learn with in the University of Bath's online MSc in Business Analytics.

Applied Economics online M S c Infographic

Explore the curriculum

The practical techniques and theories taught throughout each of the course units will give you the skills to put economics into action.

With course units covering both applied microeconomics and applied macroeconomics, you’ll gain insights into particular aspects of the economy and its application institutionally, regionally and globally. Units such as economics of financial institutions and international monetary policy and institutions provide essential knowledge into financial policies and their application in multiple real-world settings.

The online economics degree will finish with a project. You will produce a unique piece of research using techniques learned throughout the year.

Learning outcomes

  • Analyse, interpret and critically evaluate economic data and research
  • Apply principles to respond to economic and policy issues
  • Design and implement your own research projects
  • Use micro- and macro-economics to guide strategic decision-making
  • Develop the necessary mathematical, statistical and econometrics skills
  • Acquire research skills to support future commercial or doctoral research

Ané Craig

The online environment has allowed me to meet and work with students from various backgrounds, in different fields of employment, from all over the world. Building these connections has been one of the best parts of the online experience so far.

Ané Craig

Entry requirements


  • Typically you should have a first or second class bachelor’s honours degree or international equivalent. We welcome applications from those with a 2:2 honours degree (or its international equivalent) in subjects with a high level of economics content
  • To apply for this course, you must have an undergraduate degree in a social science or business-related discipline such as business administration, finance, accounting, international trade, banking, financial management, public finance or politics
  • We may make an offer based on a lower grade if you can provide evidence of your suitability for the degree

International students

  • If your first language is not English you will need IELTS with a grade of at least 6.5 overall and no less than 6.0 in any of the four parts (listening, reading, writing and speaking). If you completed your degree in the UK within the last 2 years prior to the start of the course, you may be exempt from our English language requirements.

Choose online

Our active learning environment will keep you connected to the curriculum all the way through to graduation.

  • Engaging video content and real-life case studies
  • Interaction and networking with students and lecturers
  • Digital resources to support your studies and develop your career

University of Bath
Online learning


Designed exclusively for online study,
the University of Bath’s Virtual Learning Environment…
takes the learning experience further.

1: Find everything you need quickly and easily

2: Prep your workload and set your weekly agenda
Unit calendar
Upcoming events
Calendar of deadlines

3: Study in bite-sized blocks at a time and place that suits you

4: Tap into a wealth of all-inclusive e-resources

5: Experience academic content in a variety of engaging ways

6: Connect with specialist support when you need it

7: Bring learning to life with video and real-world case studies

8: Enhance your studies with hands-on interactive assignments

9: Collaborate and network with peers and tutors

10: Build your own portfolio and share your best work

Take what you’ve learned and apply it in the real world

Time to further your career? Request information and apply now.

Dr. Simona Montagnana

Simona obtained her PhD degree in Economics of Production and Development from University of Insubria – Italy. Research interests are in the area of economic development, industrial organisation and public policy. Before joining academia, Dr Montagnana was a public policy advisor in regional and national policy institutions in Italy.

Explore your options with the University of Bath. If you are interested in studying the equivalent on-campus MSc, you can find out more by visiting our full-time Applied Economics with Banking and Financial Markets MSc course page. 

  1. The Guardian UK universities ranked by subject area: Accounting & finance 2022:
  2. Rankings based on undergraduate data