Economics, Finance and Data Analysis

MSc

  • Entry year 2024
  • Duration Full time 1 Year

Overview

Top reasons to study with us

  • 69

    69th for Business and Economics in the World

    Times Higher Education World University Rankings (2023)

  • Designed for Economics graduates interested in roles in financial analysis and decision-making

  • Lancaster University is top 10 in The Complete University Guide 2024

Are you passionate about the dynamic fields of economics and finance and intrigued by the power of data analysis? The Master of Science (MSc) in Economics, Finance, and Data Analysis at Lancaster University is a cutting-edge programme designed to equip you with the knowledge, skills, and tools to thrive in the rapidly evolving world of financial analysis and decision-making.

Programme Overview

The MSc in Economics, Finance, and Data Analysis is an intensive one-year programme that combines rigorous training in economic theory, financial principles, and advanced data analysis techniques. Our carefully designed curriculum provides a strong foundation in both theoretical and applied aspects of economics and finance while also emphasising the critical role of data analysis in shaping informed decision-making.

Key Features

Comprehensive Coursework: Our programme offers a well-rounded curriculum that covers a broad range of topics, including macroeconomics, financial economics, financial markets, econometrics and data analysis, financial modelling, risk management, and data visualisation. You will gain a deep understanding of economic principles, financial theories, and advanced statistical methods, enabling you to analyse complex economic and financial phenomena.

Data-Driven Approach: In today's data-centric world, proficiency in data analysis is essential. Our program strongly emphasises developing your analytical skills through hands-on experience with industry-standard software tools and datasets. You will learn how to collect and interpret economic, finance and business datasets, enabling you to extract valuable insights and make data-driven decisions.

Faculty Expertise: You will be taught by a diverse and accomplished faculty of experienced economists, finance professionals, and data scientists. Our faculty members are actively engaged in research and bring their expertise into the classroom, ensuring that you receive the most up-to-date knowledge and insights.

Practical Applications: We believe in bridging the gap between theory and practice. Throughout the program, you will have opportunities to apply your knowledge and skills to real-world problems. This practical exposure will enhance your ability to tackle complex economic and financial analysis challenges and prepare you for a successful career in various sectors, including banking, consulting, government, and research.

Entry requirements

Academic Requirements

2:1 Hons degree (UK or equivalent) in Economics, or a related subject, with at least 25% Economics or Economics-related modules, with Econometrics as an essential pre-requisite.

We may also consider non-standard applicants with a good quantitative background (i.e. excellent knowledge of mathematics and statistics). Please contact us for information.

For mature applicants, there should ideally be no more than five years since the most recent full-time academic study.

If you have studied outside of the UK, we advise you to check our list of international qualifications before submitting your application.

English Language Requirements

We may ask you to provide a recognised English language qualification, dependent upon your nationality and where you have studied previously.

We normally require an IELTS (Academic) Test with an overall score of at least 6.5, and a minimum of 6.0 in each element of the test. We also consider other English language qualifications.

If your score is below our requirements, you may be eligible for one of our pre-sessional English language programmes.

Contact: Admissions Team +44 (0) 1524 592032 or email pgadmissions@lancaster.ac.uk

Course structure

You will study a range of modules as part of your course, some examples of which are listed below.

Information contained on the website with respect to modules is correct at the time of publication, but changes may be necessary, for example as a result of student feedback, Professional Statutory and Regulatory Bodies' (PSRB) requirements, staff changes, and new research. Not all optional modules are available every year.

Core

Optional

Fees and funding

Location Full Time (per year) Part Time (per year)
Home £15,650 n/a
International £26,250 n/a

General fees and funding information

Scholarships and bursaries

You may be eligible for the following funding opportunities, depending on your fee status and course. You will be automatically considered for our main scholarships and bursaries when you apply, so there's nothing extra that you need to do.

Unfortunately no scholarships and bursaries match your selection, but there are more listed on scholarships and bursaries page.

If you're considering postgraduate research you should look at our funded PhD opportunities.

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We also have other, more specialised scholarships and bursaries - such as those for students from specific countries.

Browse Lancaster University's scholarships and bursaries.

Important Information

The information on this site relates primarily to 2024/2025 entry to the University and every effort has been taken to ensure the information is correct at the time of publication.

The University will use all reasonable effort to deliver the courses as described, but the University reserves the right to make changes to advertised courses. In exceptional circumstances that are beyond the University’s reasonable control (Force Majeure Events), we may need to amend the programmes and provision advertised. In this event, the University will take reasonable steps to minimise the disruption to your studies. If a course is withdrawn or if there are any fundamental changes to your course, we will give you reasonable notice and you will be entitled to request that you are considered for an alternative course or withdraw your application. You are advised to revisit our website for up-to-date course information before you submit your application.

More information on limits to the University’s liability can be found in our legal information.

Our Students’ Charter

We believe in the importance of a strong and productive partnership between our students and staff. In order to ensure your time at Lancaster is a positive experience we have worked with the Students’ Union to articulate this relationship and the standards to which the University and its students aspire. View our Charter and other policies.