Economics and Econometrics

Students in the BSE Macroeconomic Policy and Financial Markets Program will obtain relevant knowledge about the central issues in Macroeconomic and Financial Economics analysis, as well as the key tools, data, models, and techniques now being used by public and private institutions.

Financial and consulting firms increasingly utilize complex economic theories. Students will not only learn how to use these modelling and statistical techniques, but will conduct an independent master's project to learn how to apply these new skills to real empirical work. 

ITFD students receive a thorough preparation in theoretical modeling, quantitative and empirical analysis, and handling of large datasets. In September, students take refresher courses in Mathematics and Statistics, and introductory courses in STATA, R, and Matlab. In the first term, they take core courses in Quantitative and Statistical Methods, International Trade and Finance, and Economic Growth and Development. In terms two and three, students choose from a varied set of courses in different fields, ranging from the more applied and policy oriented to PhD level courses.

The ability to extract, handle, and analyse large amounts of data is therefore a key skill on today’s job market.

However, gathering and summarizing data is not enough. Data science can only improve decision making with an understanding of how choices affect outcomes. Data Scientists must therefore increasingly combine standard tools in machine learning with an understanding of the causal relationships behind the data.

The digital revolution brings an explosion of data with significant value for businesses, science, and society. As data becomes larger and more complex, extracting useful quantitative insights becomes more challenging.

The Master's prepares graduates to design and build data-driven systems in the private, public and research sectors. The curriculum guides students from modelling and theory to computational practice and cutting edge tools, teaching skills that are in growing global demand.

After this Master's program, students are fully prepared to start a Phd in Economics at any top university in the United States or Europe, including the PhD program at UPF (organized jointly with BSE). Depending on the background of the student, the student may take a track on theoretical foundations of Economics and strong quantitative analysis, or a combination of this with more applied courses, such as Data Science courses.
 

Graduates in these Master degree courses will be able to perform functions of high responsibility in the economic and financial system, in investment, commercial and central banks, in asset management companies, in financial institutions, international organizations and supervisory authorities, in the finance area, and the management of multinational companies. Graduates in Economics and Finance can also play the role of freelance in the economic-financial area at the highest levels of competence. 
 

Businesses, research institutions and government agencies reply on professionals who can extract insights from financial data and make strategic decisions in a global economy. By studying the online MSc Applied Economics with the University of Bath, you will engage in comprehensive study of economic theory and gain practical skills to support efforts to sustain economic growth and improve lives. 

The MSc Business Analytics serves as IBSS’s flagship programme within this network. Graduates of this major go on to hold positions in data or information analysis, technical consultancy, IT project management, and Customer Relationship Management (CRM) analysis. As with all IBSS programmes, the MSc Business Analytics also features a strong international component, preparing its students for global careers.

Accredited in the U.S. and Austria, BA in Philosophy, Politics and Economics (PPE) offers rigorous training in all three disciplines of philosophy, politics and economics. The program is inspired by the well-established degree created in Oxford over a hundred years ago.

Accredited in the U.S. and Austria, BA in Quantitative Social Sciences (QSS) combines the study of human societies with a rigorous foundation in mathematics, statistics, computation and data science. The program teaches the interdisciplinary skills necessary to extract scientific understanding from societal data and consists of a comprehensive training in computational data analysis and mathematical modeling, as well as core theory and methods from sociology, economics, environmental science and political science.