Data Science for Economics MSc

  • Programme duration: Full-time: 12 months  
  • Programme start: September 2023
  • Entry requirements: A 2:1 Honours degree (or overseas equivalent) in Economics or a related discipline with a quantitative focus. Students with a 2:1 degree from a quantitative Science discipline are also encouraged to apply.
Two postgraduate students work together at a computer

Overview

MSc Data Science for Economics is an excellent opportunity for students who wish to pursue a career requiring a sophisticated understanding of the way data is used in businesses and utilising state-of-the-art analytical skills to solve problems.

 

Programme Overview

Data is everywhere in the modern economy and businesses are seeking talented new recruits to leverage it. The ability to extract, handle, and analyse large amounts of data is a key skill at the modern company to unlock the potential of firms.

MSc Data Science for Economics offers students rigorous training in the big data methods and cutting-edge econometric tools needed to answer the most important questions facing businesses. Students will be fully prepared to work as a data scientist, statistician, or economist, driving the analytical direction of their firms.

MSc Data Science for Economics teaches students how to model economic problems, collect and analyse data, conduct rigorous empirical analyses, and discuss their work with diverse audiences. The modules in this programme cover a wide range of fields within economics and data science.

Students will be taught to use data for forecasting and evaluating different policy options through models built on an understanding of causal relationships. Technical skills and competencies are at the heart of each module in the programme, and at the end of their studies, students will have a familiarity with two or more software packages (such as Python, R, and STATA).

An important feature of our programme is the modules are taught by world-class researchers who publish in the leading academic journals on the very topics they teach. Many of our faculty maintain close relationships with businesses, governments, and non-profit organisations, connecting their research to real-world impact.

Ellie Haines

Ellie Haines

"When I was researching master's programmes, I'd always made an effort to read School’s mission statements. The inclusive, socially and environmentally responsible nature of Liverpool's Management School really stood out to me."

Ellie Haines

Why University of Liverpool Management School?

'Learning to make a difference'

Management School Triple Crown accreditation

The University of Liverpool Management School is one of an elite group of institutions worldwide to hold the gold standard 'triple-crown' accreditation from AACSBAMBA and EQUIS.

The University of Liverpool Management School works with today's leaders in business and management to prepare its students to be the leaders of the future. The school's mission is 'Learning to make a difference' and there is a fundamental belief that the purpose of the School's research and teaching is to develop students who are not only good managers, but individuals who are truly committed to making a difference. We hope that our students will use the knowledge and skills they gain here in their future roles to help solve some of the most endemic problems individuals, enterprises and communities face.