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Sharpen your analytical skills in the MSc Economics

By: Alan Drumm | Posted on: 26 Apr 2018

Sharpen your analytical skills in the MSc Economics

In today’s data driven economy, the ability to develop and interpret raw data, statistics and economic analysis is crucial for both policy makers and business leaders.

That’s why economists are particularly valuable. They use rigorous statistical and economic analysis to explain and predict behavioural and market changes to everything from healthcare to banking.

Our MSc Economics responds to market demand, equipping graduates with the analytical, technical and problem-solving skills that are so highly sought after by employers.

Having evolved from the highly successful Masters in Economic Science, the MSc Economics provides students with the practical skills and techniques widely used by economists, in addition to introducing new and exciting modules that reflect contemporary economic theory.

Engaging workshops led by some of Ireland’s foremost economists provide unique insights and allow for personal development by instilling students with the knowledge and confidence to reason and debate economic issues with leading figures in the field.

Consequently, our graduates can be found working with a host of organisations ranging from the Central Bank of Ireland, the Department of Public Expenditure and Reform, to major multinational firms such as KPMG and Ernst & Young.

To help convey what differentiates our new MSc Economics, Dr Jane Bourke has created this handy five-point guide.

  1. Updated Programme Name
    The MSc Economics is a cutting edge postgraduate programme that not only provides graduates with a strong grounding in traditional economic theory but incorporates modules that address contemporary economic issues

    As such, we updated the programme name to reflect the dynamic nature of the programme, something which is underlined by the addition of invited speakers who offer students greater insight into the world of modern economics and the challenges it presents.
  2. Broad range of modules
    In addition to studying macroeconomics, microeconomics and econometrics, students can also choose our exciting new elective modules such as philosophy of economics, innovation and enterprise, the business of health care, and spatial and regional economics.

    In keeping with the dynamic nature of the MSc and UCC’s ambition to promote entrepreneurship, our innovation and enterprise module explores the process by which businesses develop and grow through innovation.

    Delivered in conjunction with the Department of Philosophy, our module in the philosophy of economics will encourage students to think critically about economic theory and write intelligent careful analysis on conceptual issues facing economics.
  3. Aimed at High Achievers
    The MSc Economics is aimed at a broad range of high achievers who have or will soon graduate with a business degree

    Such is the detailed nature of the course content, our programme is aimed at graduates with a 2H1 degree or equivalent in a business programme (this includes BA degrees with economics).

    In addition, business graduates must have passed at least 5 credits (or equivalent) in a quantitative module such as econometrics, statistics or mathematics.
  4. Transferable Skills
    In today’s rapidly evolving business environment, the manner in which organisations interpret data to inform decisions has become crucial.

    Our econometrics module trains graduates to summarise and interpret data and communicate the results.

Given the amount of data now available to a variety of organisations across numerous fields, understanding how to use it is a particularly valuable asset.

Our programme provides graduates with the portfolio of skills required for a variety of careers in business, finance and the public sector. A key focus of the programme is equipping participants with the communication skills required to present economic analysis and confidently debate economic issues.

  1. Learn from External Practitioners
    At its core, the MSc Economics is a practical programme where students attend 12 hours of lectures each week and attend additional econometrics laboratory sessions.

    Students will also be provided with the opportunity to sharpen their analytical skills through a series of workshops and presentations from some of leading economists and industry experts.

 

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