Economics of Business Practice (PG Dip)Back
This is an integrated course in the economics of business practice, which will provide you with understanding and experience of business practice from an economic perspective.
It will provide you with a foundation for understanding business practice and gaining the skills needed to work in a business environment. This stage takes place over nine months, and involves modules delivered around a conceptual focal point.
At the end of stage 1, you can progress to stage 2 (MSc in Economics of Business Practice). In order to progress to stage 2, you must achieve at least 50% across modules on the Postgraduate Diploma at the first attempt (stage 1) and successfully obtain suitable work placement (arranged in conjunction with the School).
On this course you will develop a greater understanding of how business operates, using economic theory to investigate and experience business practice. You will study firm strategy, survey techniques, entrepreneurship and even get to run your own real on-campus business.
In addition, you will go on a journey of personal, professional and adult mental development.
Key components in this course are:
- Drucker’s The Theory of the Business
- Kegan’s Theory of Adult Mental Development
- Gardner’s Teaching for Understanding
Further details on the content and modules are available on the Postgraduate College Calendar
Why Choose This Course
I would highly recommend this course to any student who wants something more than the standard academic-based qualification. This course has given me immense academic knowledge, valuable commercial experience and pragmatic business acumen. For me, my career starts here; for you, it starts with the MSc Economics of Business Practice.’
Matthew Heaton, MSc (2011) (currently working with Apple Ireland).
Skills and Careers Information
The Economics of Business Practice course will teach you to:
- understand and communicate how businesses operate
- evaluate and communicate the organisation of business activities and practices
- communicate thinking, ideas and business issues based on personal experience and practice
- conduct economic surveys/market research in business, and
- continue your reflective personal and professional development
On successful completion of this programme, students should be able to:
- Communicate and work effectively to a high professional standard;
- Demonstrate advanced analytical and problem solving skills associated with effective practice;
- Engage in the application of advanced frameworks and techniques in organizational settings;
- Demonstrate an applied knowledge and integrated understanding of how business operates, using economic theory as an apparatus of thought;
- Enable participants to be 'business ready' upon completion of the programme.
Practicalities & Assessment
The course is both practical and research-orientated. You will be encouraged to reflect on your own learning and communication styles, and on your work in teams and in business. You will operate from a specially designed Business Practice Economics room and have unlimited and exclusive access to this facility during the academic year. To prepare you for a career in business we feel it is essential to maintain links with the business community. For this reason, engagement with the business community occurs, you will take part in on-site visits and you will have opportunities to engage with visiting speakers to UCC.
More than 75% of all assessment is continuous. The work assessed includes:
- written reports
- developing and writing case studies
- individual and group presentations, and
- reflective diaries.
The remaining assessment consists of end-of-year exams.
Who teaches this course
The academic teaching team and external advisors bring a wealth of experience to the course from both a theoretical and a practical perspective.
Many academic members of the team are multi-published in internationally recognised peer reviewed journals. All are in the process of being awarded PhDs, or have submitted for that award, in universities across Ireland and the UK. Other members of the academic team have extensive practical experience, ranging from life coaching, to business start-ups.
In addition, the course is fortunate to have the benefit of external advisors who have decades of experience working with Irish start-ups, SMEs and internationally recognised brands. The external advisors play an essential role in supporting this unique course, which produces a high standard of business-ready graduates.
Full module information is detailed in the section below.
Industry, Market and Strategic Analysis Part 1
Industry, Market and Strategic Analysis Part 1 (EC6100)
Introduce the core theory and concepts/framework, setting the conceptual foundations for the programme.More Information
Economic Survey Techniques for Business Research Part 1
Economic Survey Techniques for Business Research Part 1 (EC6102)
To use and apply the skills required for designing economic surveys in business.More Information
Practice Laboratory in Business Part 1
Practice Laboratory in Business Part 1 (EC6104)
To provide students with a foundation in understanding the workings of a business through a live simulated experience.More Information
Field Work in Business Economics
Field Work in Business Economics (EC6114)
To bring participants in direct contact with the operation of businesses and to explore with practitioners their issues and practices through an applied economics perspective.More Information
The Market Economy and Enterpreneurship
The Market Economy and Enterpreneurship (EC6116)
To introduce participants to the activity of business in the market economy and the realities of business practice.More Information
Industry, Market and Strategic Analysis Part 2
Industry, Market and Strategic Analysis Part 2 (EC6101)
Build on the core theory and concepts/framework introduced in EC6100More Information
Economic Survey Techniques for Business Research Part 2
Economic Survey Techniques for Business Research Part 2 (EC6103)
To use and apply the skills required for conducting economic surveys in business.More Information
Practice Laboratory in Business Part 2
Practice Laboratory in Business Part 2 (EC6105)
To provide students with a framework for enhancing foundation provided in EC6104 to develop independent, observational, analytical and integrative skills, through individual business simulation exercises.More Information
Resourcing for Entrepreneurship and Innovation Part 2
Resourcing for Entrepreneurship and Innovation Part 2 (EC6107)
To enable participants to identify the most effective and efficient modes of resourcing new, growing and established ventures for entrepreneurial and innovative processes.More Information
Reflective Journaling (EC6117)
To facilitate personal development through a series of reflective writing exercises relating to programme content.More Information
For full programme requirements, please refer to the University College Cork Academic Calendar hereBack to top
A primary degree with at least 10 credits in microeconomics and a further 10 credits of intermediate level economics or the equivalent.
If you are applying with Qualifications obtained outside Ireland and you wish to verify if you meet the minimum academic and English language requirements for this programme please click here to view the grades comparison table by country and for details of recognised English language tests.
Non-EU candidates are expected to have educational qualifications of a standard equivalent to Irish university primary degree level. In addition, where such candidates are non-native speakers of the English language they must satisfy the university of their competency in the English language. To verify if you meet the minimum academic requirements for this programme please visit our qualification comparison pages.
For more detailed entry requirement information please refer to the International website .
1. Choose Course
Firstly choose your course. Applicants can apply for up to three courses under one application. Details of taught courses are available on our online prospectus.
2. Apply Online
Once you have chosen your course you can apply online at the Postgraduate Applications Centre (PAC). Applicants will need to apply before the course closing date. There is a €50 application fee.
3. Gather Supporting Documents
Scanned copies of the following documents will need to be uploaded to PAC in support of your application. Applicants may need to produce the original documents if you are accepted onto a course and register at UCC.
- Original qualification documents listed on your application including transcripts of results from institutions other than UCC
- Any supplementary forms requested for your course.
Please log into PAC for more details.
4. Application processing timeline
Our online application system PAC opens for applications in early November of each year.
Questions on how to apply?
EU students contact email@example.com
International students contact firstname.lastname@example.org
Additional Requirements (All Applicants)
Please note you will be required to answer specific additional/supplementary questions as part of the online applications process for this programme. A copy of these additional/supplementary questions are available to view here SupplementaryFormCKJ01
Irish/EU Closing Date Rounds
Irish/EU places on this programme are offered in rounds. The closing dates for each round can be found here
Applicants who are interested in applying for the programme can also apply online at PAC.
For full details of the non-EU application procedure please visit our how to apply pages for international students.
**All Applicants please note: modules listed in the course outline above are indicative of the current set of modules for this course, but these are subject to change from year to year. Please check the college calendar for the full academic content of any given course for the current year.
In UCC, we use the term programme and course interchangeably to describe what a person has registered to study in UCC and its constituent colleges, schools and departments.