Economics at postgraduate level is an attractive qualification in the eyes of banks, investment and asset management firms, funds, consultancies and professional services alike.
What will I study on an economics postgraduate course?
Pure economics postgraduate courses are likely to include coverage of the following core subjects:
- Game theory
- Applied econometrics
- Optional modules which focus on economics within a certain sector or topic, such as financial economics, transport, globalisation, or corporate finance.
It’s also possible to study a more specialised degree in economics if you want to go into more detail in one particular area. Financial economics, economics for development or economics and finance are all alternative options to a pure economics degree option.
Economics at this level develops the quantitative and qualitative skills which will set you up for a finance career in a number of different areas.
Universities providing postgraduate economics courses will usually require applicants to already have an undergraduate economics degree or a degree with a strong quantitative element. A 2:1 minimum (or equivalent) is pretty standard.
International students will also need to pass an English language proficiency test to meet their prospective university’s requirements if English isn’t their second language.
Where could an economics postgraduate qualification take me?
Pretty much anywhere! Economics is one of the target disciplines the top employers in business, banking and finance look for in their applicants. If you specialise in financial economics, you could head into a top quant career in investment banking, risk management or asset management. Financial research is also a popular career destination.
Outside of the financial services, you could also potentially get involved in government advisory work, or further academic research at PhD level.
A qualification like this could set you up to take on some of the most lucrative roles available to graduates with the opportunity to earn serious amounts of money within a short period of time.
Typical industries for economics postgraduates…
There are plenty of industries you could get into with an economics postgraduate degree:
- Asset management
- Investment banking
- Academic research
- Risk management
- Financial analysis (for example quantitative analysis)
- Financial planning and advice
- Private banking/wealth management
- Retail banking
- In-house finance