University of St Andrews
Economics and Statistics MA (Hons)
University of St Andrews

Key Course Facts

Student Reviews

Below you can see course specific reviews of 105 graduates of Economics and Statistics MA (Hons) and other courses in Economics at University of St Andrews for each of the survey questions in comparison to the average for all UK degree courses in Economics.

Overall student satisfaction
75 /100
105 total respondents

Primarily based on data from undergraduate degree students.

The NSS is commissioned by the Office for Students

Salary

Salary of Graduates in Economics

Important: Salary data below is not course specific, but contains data of all students of Economics 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 £32000 £40000 £58000
25-75 percentile range £27000 - £45000 £30500 - £55000 £41500 - £82500


Salary of all UK Graduates of Economics

  15 months after graduation 3 years after graduation 5 years after graduation
Median salary £30195 £33057 £43043
25-75 percentile range £25146 - £35425 £25887 - £43540 £31211 - £58074

Course Description

Over the last 600 years, the University of St Andrews has established a reputation as one of the world’s leading teaching centres. Today, we offer a flexible degree structure based on your choice of subject specialism, creating an environment which nurtures inquisitive minds and a culture of shared learning.

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 Economics and Statistics MA (Hons) at University of St Andrews

55% Business and public service associate professionals
15% Business, Research and Administrative Professionals
10% Sports and fitness occupations
5% Business and public service associate professionals

Entry Requirements / Admissions

UCAS Tariff of Accepted Students for Economics

Qualification requirements

Including a relevant subject/science @ C or above (80 UCAS tariff points)

The University of St Andrews uses contextual data for applicants domiciled in the UK for fees purposes to indicate which of our academic entry requirements (www.st-andrews.ac.uk/subjects/entry/academic-entry-explained) are most likely to be relevant. You can use the indicator (www.st-andrews.ac.uk/subjects/entry/indicator) on our website to tell you which category of entry requirements you will need to look at.

All applicants must have attained the following qualifications, or equivalent, in addition to the specific entry requirements for individual programmes. 1) SQA National 5 (B) in English and one SQA National 5 (B) from the following: Biology, Chemistry, Computing science, Geography, Lifeskills Mathematics (A grade), Mathematics, Physics, Psychology. 2) GSCE (5 or B) in English language or English literature, and one GSCE (5 or B) from the following: Biology, Chemistry, Computing Science, Geography, Mathematics, Physics, Psychology. Applicants with other qualifications including other International or European qualifications should refer to our website for further information and country specific entry requirements www.st-andrews.ac.uk/subjects/entry.

All applicants whose first language is not English must provide evidence of ability to use English sufficiently well to be able to fully participate in and benefit from this course of study. The University accepts a wide range of language tests and language qualifications. Please refer to our website for further details and our current minimum English language requirements: www.st-andrews.ac.uk/subjects/entry/language-requirements.

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

Costs

Tuition Fees Economics and Statistics MA (Hons)

EU £30160 year 1
International £30160 year 1
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

Additional fee information

Home fees for 2024-2025 are yet to be confirmed by the Scottish Government but are expected to remain at £1,820

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.

University Rankings

#2
University Guru Meta Ranking
of University of St Andrews

among 20 universities in Scotland
based on 37 different rankings

Positions of University of St Andrews in top UK and global rankings.

Rankings of University of St Andrews in related subject specific rankings.

Mathematics

    • #1 
    • #2 
    Mathematics
    The Guardian University League Tables by Subject
    [Published 07 September, 2024]
    • #1 
    • #5 
    Mathematics
    CUG The Complete University Guide - By Subject
    [Published 14 May, 2024]
    • #5 
    • #495 
    Mathematical Sciences
    URAP University Ranking by Academic Performance - By Field
    [Published 22 July, 2024]

See all 37 university rankings of University of St Andrews

About University of St Andrews

List of 989 Bachelor and Master Courses from University of St Andrews - Course Catalogue

Where is this programme taught

Main Site
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FAQ about Economics and Statistics MA (Hons) University of St Andrews

  • Tuition fees for this programme are 9250 per year for UK students. In addition to the tuition fees you should also take into consideration the average monthly cost of living for students in the UK.

  • The median salary of graduates of this course was £32000 15 months after graduation, £40000 3 years after graduation and £58000 after graduation.

  • Business and public service associate professionals (55%), Business, Research and Administrative Professionals (15%), Sports and fitness occupations (10%), Business and public service associate professionals (5%)

  • 105 graduates rated the course 75. This means that 75% of graduates indicated that they were satisfied or very satisfied with the course. See detailed ratings above and how these compare to the averages at other universities.

  • Economics and Statistics MA (Hons) is taught on campus and cannot be taken online at University of St Andrews.

  • It is rather difficult to get accepted into this course. Accepted students had an average UCAS tariff score of 212 which is higher than 74.68% of all Statistics courses in the UK.