Course modalities offered

The University of Edinburgh
Economics with Management Science MA (Hons)
The University of Edinburgh

Key Course Facts

Course Description

This programme enables you to combine the study of economics with fundamental management science modelling techniques and applications, such as linear programming, simulation, stochastic modelling, supply chain management, maintenance and queueing systems.

The programme will provide you with a comprehensive understanding of both subjects, which will prove particularly relevant should you wish to pursue a relatively technical career in areas such as business or financial analysis and insurance, or proceed to graduate study of economics or management science.

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

Student Reviews

Below you can see course specific reviews for 90 graduates of Economics with Management Science MA (Hons) at The University of Edinburgh for each of the survey questions in comparison to the average for all UK degree courses in Business and Management.

Overall student satisfaction
72 /100
90 total respondents

Primarily based on data from undergraduate degree students.

chart data
Source: National Student Survey NSS 2022
All Business and Management courses of The University of Edinburgh
The NSS is commissioned by the Office for Students

Salary

Salary of Graduates of Economics with Management Science MA (Hons) at The University of Edinburgh

Important: Salary data below is not course specific, but contains data of all students of Economics with Management Science MA (Hons) 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 £33500 £35000 £46000
25-75 percentile range £27000 - £35500 £28500 - £45000 £32500 - £58000
Source: HESA - Graduate Outcomes Survey Dec 20, 2022
All Business and Management courses of The University of Edinburgh


Salary of all UK Graduates of Business and Management

  15 months after graduation 3 years after graduation 5 years after graduation
Median salary £25824 £26466 £32188
25-75 percentile range £21681 - £31161 £19922 - £34787 £23408 - £43532
Source: Longitudinal Education Outcomes (LEO) by UK Department for Education Dec 20, 2022
All Business and Management courses of UK

What You Will Learn

Programme content: As a student of Economics with Management Science, MA (Hons) you will study the following course modules.

Year 1

Year 2

Year 3

Year 4

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.

chart data
Source: HESA - Graduate Outcomes Survey Dec 20, 2022
All Business and Management courses of The University of Edinburgh

Current jobs

Job in line with future plans

Utilise skills from studies

Work is meaningful

Source: HESA - Graduate Outcomes Survey Dec 20, 2022

Required skill level of job after 15 months

% Skilled jobs

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

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

50% Finance Professionals
20% Business, Research and Administrative Professionals
15% Business and public service associate professionals
0% Administrative occupations
0% Managers, directors and senior officials
0% Information Technology Professionals
0% Teaching Professionals
0% Media Professionals
0% Teaching and Childcare Associate Professionals
Source: Unistats by Higher Education Statistics Agency (HESA) Dec 20, 2022

Grading & Study Time

Assessment Methods

Study Time Distribution



Entry Requirements / Admissions

Source: UCAS Feb 9, 2023

UCAS Tariff of Accepted Students for this course

chart data
Source: Unistats by Higher Education Statistics Agency (HESA) Dec 20, 2022
This particular course

Qualification requirements

Required subjects: A Levels: Mathematics at B, or AS Mathematics at A. GCSEs: English at C or 4.

Achievement by end of S5 preferred. BBB must be achieved in one year of S4-S5. Required subjects: Highers: Mathematics at B. Higher Applications of Mathematics is not accepted in place of Higher Mathematics. National 5s: English at C.

37 points with 666 at HL - 34 points with 655 at HL. Required subjects: HL: Mathematics at 5. SL: English at 5 and Mathematics at 6 (if not at HL). Mathematical Studies is not accepted for any of our Economics degrees.

As this degree is very popular, we strongly recommend that international students apply by 15 January 2022 as we can't guarantee to consider all applications after this date. Detailed entry requirements, including typical offer levels, and information about other qualifications we accept, are available on the University of Edinburgh’s website. You’ll also find important information on how to apply. You must submit a fully completed UCAS application that includes details of the qualifications you are taking, including full predicted grades for qualifications not yet completed, your personal statement and your reference.

Source: UCAS Feb 9, 2023

English language requirements

test Grade Additional Details
IELTS (Academic) 6 6.5 overall with 5.5 in each component.
TOEFL (iBT) 92 92 or above with 20 in each section (including Special Home Edition). We do not accept TOEFL MyBest Score to meet our English language requirements.
Cambridge English Advanced 176 overall with 162 in each component.
Cambridge English Proficiency 176 overall with 162 in each component.
Trinity ISE ISE II with a distinction in all four components.
Source: UCAS Feb 9, 2023
Do you not fulfill the minimum requirements in terms of UCAS score, A levels, or English language requirements?
Get advice on which foundation courses are best for you to still be able to join Economics with Management Science, MA (Hons).

Costs

Tuition Fees Economics with Management Science MA (Hons)

England UK £9250 year 1
Northern Ireland £9250 year 1
Wales £9250 year 1
Channel Islands £9250 year 1
Ireland £9250 year 1
Scotland £1820 year 1
EU £23100 year 1
International £23100 year 1

Additional fee information

Scotland In 2021-22 the fee level set by the Scottish Government was £1,820. The 2022-23 fee rate is expected to be confirmed by the Scottish Government in early 2022. Students must apply to the Student Awards Agency Scotland SAAS for payment of their tuition fees.

England/Wales/N Ireland The Rest of UK RUK rate is yet to be confirmed and was £9,250 for 2021 entry. For 2022 entry this may increase in line with inflation and will be subject to government limits.

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 -
Source: UCAS Feb 9, 2023

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.

Source: Own research based on surveys and university data

How to apply

Application deadline:

January 1, 2024

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.

chart data

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

Business

    • #2 
    • #107 
    Business
    URAP University Ranking by Academic Performance - By Subject
    [Published 06 June, 2020]
    • #3 
    • #15 
    Business & Management Studies
    CUG The Complete University Guide - By Subject
    [Published 13 June, 2022]
    • #2 
    • #117 
    Business & Management Studies
    QS World University Rankings By Subject
    [Published 20 April, 2022]
    • #1 
    • #137 
    Economics & Business
    NTU by Subject
    [Published 20 October, 2021]
    • #1 
    • #151 
    Management
    ARWU by subject - Academic Ranking of World Universities - ShanghaiRanking
    [Published 26 May, 2021]

See all university rankings of The University of Edinburgh

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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.

Where is this programme taught

Central and Kings Buildings
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Central area campus
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