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Economics

Overview
The MSc Economics programme is a rigorous advanced programme in economic theory and its practical application and is at the top end of graduate programmes in economics in Ireland. The programme provides its graduates with the recognised portfolio of skills required for a career as a professional economist in business, finance and the public sector. It also prepares graduates for further advanced studies in economics at PhD level. The skills acquired throughout the course are brought together in a research dissertation on an economic issue of practical interest.

Course Practicalities
In total you are expected to be present for 12 hours of lectures per week. Additional econometrics laboratory sessions will be scheduled. The MSc Economics programme is rigorous and candidates can expect to be engaged full-time in study and coursework. The level of mathematics in the programme is not advanced but mathematics is prevalent.

Entry requirements

To be eligible for consideration applicants must have:

◾A 2H1 degree or equivalent in a business programme OR the expectation of graduating with a 2H1 degree or equivalent in a business programme in the year of entry. In addition, business graduates must have passed at least 5 credits (or equivalent) in a quantitative module such as econometrics, statistics or mathematics as in the opinion of the Department of Economics qualifies the candidate to undertake the MSc Economics programme.

OR
◾A 2H1 degree or equivalent in a quantitative cognate discipline such as mathematics, statistics, actuarial science or equivalent.

◾Applicants who achieve a 2H2 degree will be assessed on a case by case basis.

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.

Duration

1 year full-time, 2 years part-time

Part-time option will be taught during weekday working hours

Careers or further progression

Skills and Careers Information
The MEconSc provides key analytical and personal development skills, including the confidence to reason and debate about economic issues, the mathematical and statistical tools to analyse these issues and the proficiency to communicate the analyses through report writing and presentations.

Any graduate from the MEconSc is qualified for a whole host of positions in business, finance and the public sector. Examples of these are:
- Economist, Central Bank of Ireland
- Administrative Officer (AO) – Economics, Department of Public Expenditure and Reform
- Economic Consultant, AECOM
- Trainee Auditor, KPMG
- Sales Executive, BioAtlantis Ltd
- Audit Assistant, Ernst & Young
- Treasury Dealer, Naspa Dublin

The MEconSc is also an excellent training if you are seeking to continue your education and begin a PhD either nationally or internationally. Many MEconSc graduates stay in third-level education and go on to become lecturers, including some of the UCC School of Economics academic staff.

Here are some examples of starting salaries for graduates. Note that these salaries are at the minimum of the scale for graduates with no previous industry experience.
- Administrative Officer (AO) - Economics, Department of Public Expenditure and Reform - starting salary: €30,000 approx.
- Analyst/Case Officer - Economist, The Competition Authority – starting salary: €30,000 approx.
- Lecturer, University College Cork - starting salary: €32,000 approx.
- Staff of the European Central Bank - starting salary: €33,000 approx.

Further enquiries

Department of Economics
T: 353 21 4902126/4902574

Please visit the Department website via
https://www.cubsucc.com/

Subjects taught

The MSc Economics programme is taken in two parts as set out below.

Part 1 consists of a combination of examination and coursework in a set of specified taught modules to the value of 60 credits.

Part 2 consists of a research dissertation to the value of 30 credits.

Part I
EC6604 Microeconomics 1 (5 credits)
EC6605 Microeconomics 2 (5 credits)
EC6606 Macroeconomics 1 (5 credits)
EC6607 Macroeconomics 2 (5 credits)

EC6600 Econometrics: Theory and Applications 1 (5 credits)
EC6601 Econometrics: Theory and Applications 2 (5 credits)
EC6666 Research Methods and Professional Development (10 credits)

Students take 20 credits from among the following 30 credits of electives.

EC6045 Asset Pricing (5 credits)

EC6622 Business Relationships and Business Strategy (5 credits)

EC6628 Analysis of Business Survey Data (5 credits)

EC6066 The Business of Health Care 1 (5 credits)

EC6608 Behavioural Economics (5 credits)

EC6609 Spatial and Regional Economic Analysis (5 credits)

Part II
EC6667 Dissertation in Economics (30 credits)

Further details on the content and modules are available on the Postgraduate College Calendar.

Comment

Unique Aspects of the Course.
The MEconSc has an excellent record in placing graduates in employment because it provides top-quality training and expertise in skills that are highly sought after by employers.

“The MEconSc gave me the opportunity to gain a firm grounding in how economics can be used to explore everyday issues. In the MEconSc, I learned a number of analytical and data handling skills that are in demand by employers. It has certainly been beneficial in securing my current position and in the day-to-day work that is involved”. Richard Davis, Administrative Officer (AO) – Economics, Department of Public Expenditure and Reform.

Assessment method

Assessment is by examination and continuous assessment. A detailed breakdown of assessment by module is provided in the Book of Modules available at http://www.ucc.ie/modules/

Application date

Applications for 2017-18 intake are now open.

While UCC operates a rounds system for Postgraduate Taught courses (detailed below) we would advise you to apply as soon as possible.

Deadline for receipt of Applications: Offers will be made:

For all completed applications received by January 16th 2017 Offers will be made by January 30th 2017

For all completed applications received by March 1st 2017 Offers will be made by March 15th 2017

For all completed applications received by May 1st 2017 Offers will be made by May 15th 2017

For all completed applications received by July 3rd 2017 Offers will be made by July 17th 2017

Late applications may be accepted on a first-come, first-served basis for any courses that have remaining capacity for places.

Non-EU Applicants:

Please visit the following page for further information for Non EU applicants http://www.ucc.ie/en/international/studyatucc/postgraduateprogrammes/tau...

Course fee

2017/2018: Irish/EU fee €10,500 full-time.
The part-time course fee is half the full-time fee in the particular year of study

Enrolment and start dates

Next Intake: 11th September 2017

Remember to mention gradireland when contacting institutions!