Skip header navigation

MSc Economics for Business and Policy

Develop your economics knowledge and analytical skills for a successful career as a business and policy analyst in the public, private or non-profit sectors.

Economics for Business and Policy

Key facts

  • Award Masters / MSc, Postgraduate Diploma, Postgraduate Certificate
  • Start date September
  • Duration MSc full-time: 12 months
  • Mode of study Full-time, Campus based

This new Masters course is different to others: it places great emphasis on applying economic thinking to real world business and policy challenges. Our course is suitable for anyone with a drive to succeed in economics, even if you’ve had no previous training in this area.

You'll explore interactions between international institutions, governments and households, and develop an appreciation of the insights that economic analysis can bring to business and policy. Our course also cultivates your skills in decision making and analysis, while enhancing your critical thinking abilities in evaluating business performance, management styles and statistics, as well as public, social and macroeconomic policies and their effect on businesses and households.

We prepare you for the workplace, as through this course you'll gain practical experience by working with organisations across the business landscape, such as Wood Mackenzie and Scottish Power, through to Zero Waste Scotland and the Institute for Fiscal Studies. You’ll get to delve into the markets and environments these organisations work in through a mix of site visits and guest lectures. There’s also the opportunity to undertake a summer consultancy project with external clients. This allows you to integrate the knowledge and skills from your master’s degree to solve a real business challenge.

Your learning and knowledge will benefit from our academic staff’s excellent links with industry and policy think tanks, as well as our ties with the Behavioural Science Centre, Centre for Sustainable Practice and Living (CSPL) and The Centre for Constitutional Change.

The University of Stirling Management School

At the University of Stirling Management School, the principle of responsible business, policy and practice is central to everything we do. This vision helps us to equip our students effectively with the skills to act as global citizens, capable of addressing the needs of society.

As a member of the Chartered Association for Business Schools, we have strong links with industry and were recently awarded the Small Business Charter for engagement with local and regional enterprise.

We’re in an elite group of business schools globally – and one of only 14 in the UK – to hold accreditation from the Association of MBAs (AMBA) for both our MBA and MSc Business and Management (MBM) courses.

  • Top reasons to study with us
  • Course objectives

    You’ll learn to evaluate:

    • business performance
    • management styles
    • official statistics
    • public, social and macroeconomic policies

    You learn about the latest thinking on the most relevant developments in business and policy as the course reflects the applied research and consulting projects of our teaching staff. These include fiscal policy, unemployment, family, environment, public health, and ageing.

     The course particularly focuses on:

    • current debates at macro and micro level e.g. the impact of Brexit on business, how can we prevent recessions, and how the national living wage can affect businesses and welfare
    • situations in which markets do not function properly, and where there may be justification for public intervention
    • the role and function of the firm and its relationship with employees and society as a whole
    • good working knowledge of techniques that support robust business and management analysis, performance and decision making
    Preparing Business Leaders of the Future

    Postgraduate education at the University of Stirling Management School goes beyond text books and lecture rooms, we also focus on your personal and professional development.

    Our unique Flying Start Leadership programme equips you with the awareness, knowledge and techniques essential for building a successful career. These range from practical skills, like effective public speaking, to developing ways to work under pressure in difficult situations and manage conflict.

    Find out more about Flying Start.

    Preparation for International students coming to study in the UK

    Prepare for Success is an interactive web learning tool for international students who are coming to the UK to study. Take a look at the Prepare for Success website to get more information.

    This exciting new course is different from others because it focuses on applying economic thinking to real world business and policy challenges.

    Dr Mirko Moro, Course Director

  • Flexible learning

    If you’re interested in studying a module from this course, the Postgraduate Certificate or the Postgraduate Diploma then please email Graduate Admissions to discuss your course of study.

  • Research

    The University of Stirling Management School is rated among the top 25 in the UK for research impact, according to REF 2014. In Scotland, the School was ranked in the top five.

    64% of our research outputs were classified as world-leading and internationally excellent in terms of their originality, significance and rigour. We were ranked 14th in the UK in terms of research impact with over 60% of our research impact judged to have outstanding reach and wide-ranging impact on the policies of public, private and governmental organisations.

    The Economics Division at Stirling Management School is committed to the pursuit of excellence in both research and teaching. The Division is ranked in the top 10% of institutions in the UK and Europe by RePEc (Research Papers in Economics).

    We have several prominent staff members within the School, including David Bell, Professor of Economics, and a renowned economics expert. He has recently been awarded a CBE in the New Year's Honours list for his services to economics and public policy.

  • Academic requirements

    A minimum of a second class Honours degree or equivalent. Applicants without these formal qualifications but with significant appropriate/relevant work/life experience are encouraged to apply.

    Other routes of entry

    INTO University of Stirling offers a Graduate Diploma for those students who do not meet the required criteria for this course. If you successfully complete the Graduate Diploma in Business, Finance and Sport and meet the required progression grades, you'll be guaranteed entry onto this Masters degree.

  • English language requirements

    If English is not your first language you must have one of the following qualifications as evidence of your English language skills:

    • IELTS: 6.0 with 5.5 minimum in each skill
    • Cambridge Certificate of Proficiency in English (CPE): Grade C or above
    • Cambridge Certificate of Advanced English (CAE): Grade C or above
    • Pearson Test of English (Academic): 54 with 51 in each component
    • IBT TOEFL: 80 with no subtest less than 17

    More information on our English language requirements

  • Pre-sessional English language courses

    If you need to improve your English language skills before you enter this course, our partner INTO University of Stirling offers a range of English language courses. These intensive and flexible courses are designed to improve your English ability for entry to this degree.

    Find out more about our pre-sessional English language courses.

The University of Stirling’s MSc Economics for Business and Policy consists of two semesters of taught modules followed by a dissertation or practical consultancy project.

Modules

The module details given below are subject to change as the University regularly revises and refreshes the curriculum of our taught programmes. The modules outlined below represent those offered in 2017/18 on this course of study.

Loading modules...

Course Details

  • Teaching

    Teaching is carried out through combination of lectures, masterclasses, small group sessions, and class presentations on policy and business issues. You’ll take part in a number of divisional seminars and workshops. Working in teams is an important part of the course.

    The course content reflects the applied research and consulting projects of our teaching staff, so you’ll learn about the latest thinking on the most relevant developments in business and policy. These include fiscal policy, unemployment, family, environment, public health, and ageing.

    You’ll engage with academics who have conducted outstanding research in the field of business and policy. This research feeds directly into the course material.

  • Assessment

    Assessment includes a combination of exams and coursework, such as presentations and report writing.

  • Course director
  • Fees and costs

    Fees shown are per year (fees are different for each course)

      2018/19 2019/20

    Home/EU Students

    Fees shown are for full-time, one-year Masters course*

    If you’re domiciled in Scotland, you may be eligible to apply to the Students Award Agency for Scotland (SAAS) for a loan of up to £10,000 to cover your tuition fees and associated living costs. Students domiciled in the EU can also apply for tuition fee support, although may not be eligible to receive funding to support living costs.

    If you're domiciled in England, Wales and Northern Ireland, you should be eligible to apply for a loan from your regional body.

    English students apply for a loan of up to £10,609 per year as part of the UK Postgraduate Loan Scheme, Welsh students can apply for a non-means tested loan of up to £13,000 from the Welsh Government and Northern Irish students are eligible to apply for support of up to £5,500.

    *Fees for students who apply for a Postgraduate Diploma or Postgraduate Certificate will be paid on a pro-rata basis.

    If the course is taken over two years then the fee will be split evenly over the two years. Fees are not pro-rated for students who enrol on a Masters course and decide to exit with a Postgraduate Diploma - the full fee is charged.

    £7,900 TBC

    Overseas (Non-EU) Students

    Fees shown are for full-time, one-year Masters course. Fees for students who apply for a Postgraduate Diploma or Postgraduate Certificate will be paid on a pro-rata basis.

    If the course is taken over two years then the fee will be split evenly over the two years. Fees are not pro-rated for students who enrol on a Masters course and decide to exit with a Postgraduate Diploma - the full fee is charged.

    £15,250 £15,950

    Please note: You will be liable to pay tuition fees for every year you’re in attendance, and your fees will be held level upon entry. If you need to extend your period of study, you may be liable for an additional fee.

  • Scholarships
    Stirling Management School Postgraduate Scholarships

    There are various categories of funding available to support the cost of your studies at the University of Stirling. You may qualify for University funding as well as funding from government bodies, the European Commission, funding trusts, research councils, industry and employers.

    Postgraduate Tuition Fee Loan (PTFL)

    This course is currently approved for PTFL funding from the Students Awards Agency Scotland (SAAS).

    If you have the talent, ability and drive to study with us, we want to make sure you make the most of the opportunity – regardless of your financial circumstances. That’s why we offer a wide range of scholarships and funding opportunities available.

    To explore our scholarships and learn more about funding opportunities, use our scholarship finder.

  • Additional costs

    If you choose to attend your graduation ceremony, you will be liable for an additional charge. There is no charge if you wish to graduate in absentia. Learn more about additional fees.

  • Cost of living

    If you’re domiciled in the UK, you can typically apply to your relevant funding body for help with living costs. This usually takes the form of student loans, grants or bursaries, and the amount awarded depends upon your personal circumstances and household income.

    EU and overseas students won’t normally be able to claim living support through SAAS or other UK public funding bodies. You should contact the relevant authority in your country to find out if you’re eligible to receive support. .

    Find out about the cost of living for students at Stirling

  • Payment options

    We aim to be as flexible as possible, and offer a wide range of payment methods - including the option to pay fees by instalments. Learn more about how to pay

From the beginning of our course we help you to develop the skills you need for your future career:

  • Our unique Flying Start Leadership programme equips you with the awareness, knowledge and techniques essential for building a successful career
  • 98% of our postgraduate leavers are in employment or further study within six months of leaving (Destination of Leavers from Higher Education survey 2015/16)

This Masters course in Economics for Business and Policy places great emphasis on applying economic thinking to real-world business and policy challenges, ensuring that our graduates are highly employable. Your career prospects are further enhanced by our excellent links with business and policy think tanks. The skills and knowledge you’ll gain on this course will let you redefine your career into a number of different roles, including:

  • business analyst in large organisations within energy, transport, and healthcare sectors
  • market and data analyst for multinational companies, charities, news and media
  • economist in investment banking and other bank departments
  • official in international organisations such as the European Union, UNIDO, UNEP
  • economic, investment and management consultant
  • analyst or manager in non-profit organisations
  • local government and development agency official
  • commercial analyst
  • environment and energy analysts
  • health managers
  • business and corporate managers
  • research officers in think tanks
  • academic post, such as research assistant/fellow and lecturer in university and research institutes
HigherEd Global Talent Portal

As a Management School student, you have access to the HigherEd Global Talent Portal where you’ll find internship, trainee positions, apprenticeships and graduate positions from companies around the world. It helps international students looking for placements back at home and local students that want to explore an international experience.

The global talent portal is in addition to all other existing initiatives and resources available for you through the Careers and Employability Service, and the Target Connect vacancy and events system.

Loading...
Scroll back to the top

Which course would you like to apply for?

MSc Economics for Business and Policy

Search for another course