The University of Edinburgh
Business with Strategic Economics MA (Hons)
The University of Edinburgh

Key Course Facts

Student Reviews

Below you can see course specific reviews of 165 graduates of Business with Strategic Economics MA (Hons) and other courses in Business Studies at The University of Edinburgh for each of the survey questions in comparison to the average for all UK degree courses in Business Studies.

Overall student satisfaction
73 /100
165 total respondents

Primarily based on data from undergraduate degree students.

The NSS is commissioned by the Office for Students

Salary

Salary of Graduates in Business and Management

Important: Salary data below is not course specific, but contains data of all students of Business Studies at the university. Due to data collection methodology, salary data is mainly based on data related to undergraduate students.

  15 months after graduation 3 years after graduation 5 years after graduation
Median salary £27000 £28500 £35000
25-75 percentile range £23000 - £32000 £23000 - £34000 £26500 - £45500


Salary of all UK Graduates of Business and Management

  15 months after graduation 3 years after graduation 5 years after graduation
Median salary £26631 £25604 £29810
25-75 percentile range £22982 - £32251 £18978 - £33577 £21788 - £40778

Course Description

Combine the study of business with strategic economics to prepare for the social, political, environmental and cultural challenges facing contemporary businesses, governments and not-for-profit organisations.

Taught by world-leading industry professionals and researchers, you will develop personal and professional competencies such as:

  • authentic leadership
  • ethical, responsible, sustainable business behaviour
  • entrepreneurial practice
  • effective communication

This will enable you to work across a range of roles in contemporary business including:

  • accountancy and finance
  • strategy
  • marketing
  • human resource management
  • data analytics
  • entrepreneurship and innovation

You can draw on a range of disciplines outside business, particularly in Years 1 and 2, which include:

  • psychology
  • law
  • economics
  • sociology
  • art and design
  • history
  • mathematics

Strategic Economics

Strategic Economics can be thought of as the application of economic principles to strategic decisions that managers make. Most business decisions involve a comparison of marginal benefits with margin cost, widely interpreted, and so implicitly or explicitly involve economic principles.

Studies in strategic economics will focus your learning on developing a strong knowledge base in Economics. The Honours years include:

  • finance
  • corporate governance
  • debt policy
  • dividend policy
  • corporate restructuring
  • market efficiency
  • behavioural biases in corporate decision-making
  • the major strategic behaviours and decisions of the modern corporation

Who the programme is for

This programme is particularly suitable for those who are looking to a pursue career as an economist. The programme is also appropriate for those aspiring to undertake a career in strategic management, and those seeking further educational opportunities.

Environment for learning

We offer a supportive and encouraging environment where you can grow and develop. Our Student Experience Team offer an extensive range of pastoral and professional provision to support you on your undergraduate journey.

We provide many and varied opportunities for you to engage in co- and extra-curricular activities. Our dedicated Student Development Team can help you develop a range of essential business graduate competencies.

Further development opportunities

You may take undergraduate Edinburgh Awards supported by an alumni professional mentor and trained coaches:

  • Personal and Professional Development (Year 2)
  • Effective and Responsible Leadership (Year 3 or 4)

You can also participate in a large number of business societies, business events and peer-support schemes.

This degree offers the opportunity to study abroad in Year 3.

Accredited by the EFMD Quality Improvement System.

Accredited by the Association to Advance Collegiate Schools of Business (AACSB).

Jobs & Career Perspectives

15 months after graduation, graduates of this course were asked about what they do and, if they are working, about their current job and their perspectives.

Current jobs

Required skill level of job after 15 months

Jobs of graduates of this course (15 months after graduation)

Example below based on all graduates of Business with Strategic Economics MA (Hons) at The University of Edinburgh

29% Administrative occupations
27% Elementary occupations
11% Welfare and housing associate professionals
9% Business and public service associate professionals
5% Teaching Professionals
5%
4% Business and Financial Project Management Professionals
2% Business, Research and Administrative Professionals
2% Welfare Professionals
1% Legal professionals

Grading & Study Time

Entry Requirements / Admissions

UCAS Tariff of Accepted Students for Business Studies

English language requirements

test Grade Additional Details
IELTS (Academic) 7

Total 70 with at least 6.0 in each component.

TOEFL (iBT) 100

Total 100 with at least 20 in each component. We do not accept TOEFL MyBest Score to meet our English language requirements.

Cambridge English Advanced

Total 185 with at least 169 in each component

Cambridge English Proficiency

Total 185 with at least 169 in each component

Trinity ISE

ISE III with passes in all four components

PTE Academic 70

Total 70 with at least 59 in each component

Get advice on which foundation courses are best for you to still study Business with Strategic Economics, MA (Hons), if you do not meet the minimum requirements in terms of UCAS score, A levels, or English language requirements.

Costs

Tuition Fees Business with Strategic Economics MA (Hons)

Channel Islands £9250 year 1
Ireland £9250 year 1
Scotland £1820 year 1
England UK £9250 year 1
Northern Ireland £9250 year 1
Wales £9250 year 1
EU £26500 year 1
International £26500 year 1

Additional fee information

Scottish students must apply to the Student Awards Agency Scotland (SAAS) for payment of their tuition fees.

EU On 9th July 2020 the decision was made by the Scottish Government to end free university tuition for European Union (EU) students starting in 2021-22. Funding policy for EU nationals and associated groups starting a course of study in academic year 2022-23 or later will be in line with international fees.

Full time international and EU students will pay a fixed annual fee rate for the duration of their programme.

Average student cost of living in the UK

Rent £518
Water, gas electricity, internet (at home) £50
Supermarket shopping £81
Clothing £35
Eating out £33
Alcohol £27
Takeaways / food deliveries £30
Going out / entertainment (excl.alcohol, food) £24
Holidays and weekend trips £78
Transport within city £17
Self-care / sports £20
Stationary / books £13
Mobile phone / internet £13
Cable TV / streaming £7
Insurance £51
Other £95
  
Average student cost of living £1092

London costs approx 34% more than average, mainly due to rent being 67% higher than average of other cities. For students staying in student halls, costs of water, gas, electricity, wifi are generally included in the rental. Students in smaller cities where accommodation is in walking/biking distance transport costs tend to be significantly smaller.

How to apply

Application deadline:

January 1, 2025

This is the deadline for applications to be completed and sent for this course. If the university or college still has places available you can apply after this date, but your application is not guaranteed to be considered.

Possible Entry Points:

  • year 1 (Default entry point)

University Rankings

Positions of The University of Edinburgh in top UK and global rankings.

Rankings of The University of Edinburgh in related subject specific rankings.

Business

    • #1 
    • #112 
    Business
    URAP University Ranking by Academic Performance - By Field
    [Published 22 July, 2023]

See all 40 university rankings of The University of Edinburgh

About The University of Edinburgh

The University of Edinburgh is located in the Scottish city of the same name, and is one of the oldest universities in the entire United Kingdom, having opened in the year 1583. The university enjoys a strong reputation for its contributions to international research efforts, which is reflected in their inclusion in the Russell Group, Universitas 21, and Una Europa. Edinburgh offers its residents a historic yet modern city, with a lively nightlife scene, reliable public transport, and friendly locals.

List of 686 Bachelor and Master Courses from The University of Edinburgh - Course Catalogue

Where is this programme taught

Central area campus
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