Business Economics MSc 2017-18This course also available for 2016-17 entry
About the course
In a globalised world, the importance of understanding economic principles and their impact on business is more relevant than ever before. Businesses need highly skilled individuals who are able to understand the nature of the economic environment and the impact this will have on organisations. They need individuals who are able to take economic theory and principles and apply them to real-world business problems.
This Master's course provides a stimulating and intellectually rigorous programme for individuals who want to respond to these demands. You will have the opportunity to develop a solid understanding of economics alongside subjects which will help enhance your knowledge of business organisations.
Discover more about postgraduate study at Huddersfield by watching our latest subject videos featuring current students and staff.
This course has multiple start dates:
21 / 09 / 2016
25 / 01 / 2017
September start - 1 year full-time
January start - 1 year full-time
A good undergraduate degree is required (normally a 2.2 or above or its international equivalent). It is not necessary to have a first degree in Economics, Business Economics or Financial Economics. However, through the application process you must demonstrate prior study at Bachelors level of either:
• Economics or
• A quantitative subject (e.g. Mathematics, Statistics, Accountancy, Finance).
As many of the concepts and analysis on this course involve mathematical techniques you are expected to have a working knowledge of calculus and should know the basics of vectors and matrices, probability and statistics.
Tel: 01484 472956
40 (this number may be subject to change)
Huddersfield, HD1 3DH
This module presents some of the core theories which underpin the structures upon which industrialised economies exist. It aims to assess the extent to which existing frameworks and paradigms of growth inflation unemployment and money have been successful and the lessons that might be learnt from recent perceived failures across global economic systems.
This module explores the finer workings of firms and markets in a globalised world approaching contemporary issues from a traditionally analytical stance. Issues concerning choice demand production cost consumption and optimisation in developed economies are scrutinised to better appreciate their relevance to sectors and industries around the globe. Assessment consists of an in-class test at the end of the module.
There will also be sufficient opportunity to discuss some of the latest analysis methods and to apply these to current challenges facing individual markets.
This module introduces you to a range of techniques and methods used for interpreting economic theory and data. You will have the opportunity to learn how to analyse the impact of economic data on understand the theory and use appropriate techniques and methods to help determine economic outcomes and communicate appropriate analysis clearly and concisely in an appropriate format for economic decision makers.
Assessment is through a two-hour individual in-class test selected from given topics (worth 100% of module marks).
Econometric techniques are used in a range of settings including economic research, financial management, compilation of official statistics and analysis of economic policies. This module provides an introduction to the techniques of econometrics and introduces students to a range of advanced topics in the area. Applied examples will be used to develop important transferable skills and to motivate theoretical content.
This module builds on your knowledge of the fundamentals of globalisation, international trade and financial crises. You will have the opportunity to explore global economic downturns and consider the causes and consequences of such events both in the developed and developing economies.
This module provides you with a substantial body of knowledge relating to the principles of strategic management in particular the two broad areas of techniques for analysing organisations and their environments and the identification of appropriate strategic choices. You will be encouraged to practice analyses and strategic designs throughout the delivery of the module.
International Business Environment
This module looks at of the international business environment and how various institutional contexts and factors such as political, economic and social factors have influenced, and continue to influence international business. This module is designed to develop/widen the knowledge and understanding of the major issues that businesses are confronted with when operating in international markets.
Postgraduate Research Paper
This module entails conceptualising, designing and conducting a piece of research using methods appropriate to your field of study. You will select a research topic which corresponds to your own particular interests and develop a more specialised knowledge and understanding of this area.
Plus one option from:
Economics of Financial Markets
The global financial crisis of 2008 has changed our understanding of money, banking and financial markets around the world. Economic and financial interdependence have increased significantly. This module introduces you to a more integrated analysis of the economics behind banking and financial services, financial systems and institutions. It considers the impact of economics on financial markets by considering economic data, macroeconomic theory and some of the latest developments in the role played by monetary policy.
This module develops an economic understanding of a world in which governments, aid agencies, charities, the UN, the IMF and the World Bank amongst others are becoming increasingly involved in developing countries. It explores their influence over and dependence on the developing world to address energy and food resource challenges, entry into consumer markets and deal with challenges in health and education systems. Approaches to poverty reduction, sustainable economic growth and overseas development assistance are some of the questions addressed.
Applied Banking and Financial Modelling
This module examines the theories of the role of banks in an economy. Particular attention is given to analysing the features of the products and services offered by banks, the forces for changes in the banking industry, the sources of funds and the risk management techniques employed by retail banks.
We will always try to deliver your course as described on this web page. However, sometimes we may have to make changes as set out below.
We review all optional modules each year and change them to reflect the expertise of our staff, current trends in research and as a result of student feedback. We will always ensure that you have a range of options to choose from and we will let students know in good time the options available for them to choose for the following year.
We will only change core modules for a course if it is necessary for us to do so, for example to maintain course accreditation. We will let you know about any such changes as soon as possible, usually before you begin the relevant academic year.
Sometimes we have to make changes to other aspects of a course or how it is delivered. We only make these changes if they are for reasons outside of our control, or where they are for our students’ benefit. Again, we will let you know about any such changes as soon as possible, usually before the relevant academic year. Our regulations set out our procedure which we will follow when we need to make any such changes.
When you enrol as a student of the University, your study and time with us will be governed by a framework of regulations, policies and procedures, which form the basis of your agreement with us. These include regulations regarding the assessment of your course, academic integrity, your conduct (including attendance) and disciplinary procedure, fees and finance and compliance with visa requirements (where relevant). It is important that you familiarise yourself with these as you will be asked to agree to abide by them when you join us as a student. You will find a guide to the key terms here, where you will also find links to the full text of each of the regulations, policies and procedures referred to.
The Higher Education Funding Council for England is the principal regulator for the University.
The £17m Business School is the most eco-friendly building on campus. It's a state-of-the art facility and provides you with a modern, professional environment in which to learn and develop.
All teaching rooms are high quality and the school has a number of computer labs for teaching or for students' individual or group use. You'll have comprehensive access to online resources through Unilearn, an online learning environment which gives access to all the study materials you'll need.
The Street Café is a perfect area for socialising, networking and relaxing, offering a wide range of fresh food, hot and cold drinks and free wi-fi. Set in landscaped grounds by the Huddersfield Narrow Canal, the Business School is in close proximity to the Library and Student Central which offers a number of places to eat, areas to socialise with friends, Student Central, student services and modern sporting and fitness facilities.
Our Learning Development Group can provide advice on how to improve your academic work including writing assignments, referencing, research skills, presentation skills and time management. There are also specialist learning advisors for international students who can help with a range of skills including academic English and language support.
How much will it cost me?
In 2017/18, the full-time tuition fee for UK and EU postgraduate students at the University of Huddersfield will generally be £5,100 (see Fees and Finance for exceptions). Tuition fees will cover the cost of your study at the University as well as charges for registration, tuition, supervision and examinations. For more information about funding, fees and finance for UK/EU students, including what your tuition fee covers, please see Fees and Finance. Please note that tuition fees for subsequent years of study may rise in line with inflation (RPI-X).
If you are interested in studying with us on a part-time basis, please visit our Fees and Finance pages for part-time fee information.
If you are an international student coming to study at the University of Huddersfield, please visit the International Fees and Finance pages for full details of tuition fees and support available.
Please email the Student Finance Office or call 01484 472210 for more information about fees and finance.
For advice and guidance on your postgraduate study options join us at the Postgraduate Study Fair on Thursday 10 March 2016.
Listen to what our students and staff have to say about postgraduate study at Huddersfield in our new subject videos.
How to apply
We hope you are interested in what you have seen and want to apply to join us.
If you are planning to study part-time, please get in touch with the contact in the 'At a glance' section above.
Research plays an important role in informing all our teaching and learning activities. Through research our staff are contributing to the latest developments in their field, which means you develop knowledge and skills that are current and highly relevant to industry and the professions. For more information, see the Research section of our website