Wivenhoe Park, Colchester, East of England, United Kingdom
Program Summary
For students whose first degree is in a subject other than economics, or their economics training does not provide sufficient technical experience for direct entry into the MSc courses, Essex offers a full-time, nine-month Diploma in Economics. If students obtain their Diploma with Merit or Distinction, they can then automatically register for one of the MSc courses, so over the two years students gain a thorough training in economics principles and practice at the Masters level.
In Essex's Graduate Diploma Economics, they teach students the essentials of micro- and macroeconomics, and then students have the option to explore whichever topics in economics interest them the most, from international trade and health, to mathematical methods, to theories of monopolies.
Essex's department is Top 5 in the UK for research, with over 90% of our research rated as “world-leading” or “internationally excellent”. Much of this world-class research is related to policy, and they have particular strengths in the areas of: game theory and strategic interactions, theoretical and applied econometrics, and labour economics. The quality of Essex's work is reflected in their stream of publications in high-profile academic journals, including American Economic Review, Econometrica, and Review of Economic Studies.
After completing the masters, students may wish to extend their knowledge with a research degree – many Essex graduates decide to stay for further study. Alternatively, the course also prepares students for employment; recent surveys have shown that higher degree graduates are more likely to obtain jobs at professional or managerial level.
Recent MSc Economics graduates have gone on to work for a range of high-profile organizations: the Ministry of Finance, HM Treasury, the Work Foundation, Fitch Ratings, and Schroders Investment Management. More generally, graduates find employment in roles such as business and financial analysts, management consultants, government officials, and economists for banks and other financial organizations.
Academic Background
Minimum Level of Education Completed
4-Year Bachelor's Degree
Minimum GPA
70%
Minimum Language Test Scores
TOEFL
76
IELTS
6
Reading
5.5
Writing
5.5
Listening
5.5
Speaking
5.5
PTE
50
Reading
42
Writing
42
Listening
42
Speaking
42
Program Intakes
October 2025
Open date
September 18, 2024
Submission deadline
August 1, 2025
October 2026
Open date
September 18, 2025
Submission deadline
August 1, 2026
Cost and Duration
Postgraduate Diploma
Program Level
9 month graduate diploma
Program Length
£12180 GBP
Cost of Living
£0 GBP
Application fee
£14322 GBP / First Year
Gross Tuition
Study Destinations
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