Heriot-Watt University International University of the Year

Clearing available

Clearing is available for the following locations:

  • Scotland (Widening Access Places only)
  • England, Northern Ireland and Wales
  • International
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The course

UCAS code
LN13
Duration
Up to 4 years
Location
Edinburgh
Delivery type
Full-time
Find out how to apply More about this subject area

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Overview

The MA in Economics and Finance does not require prior knowledge of the core disciplines of economics and finance. Study begins at an introductory level and the degree has a flexible structure to enable students to tailor their studies so that they can pursue their own interests. As a result, graduates are able to embark upon successful careers, especially in banking, finance, the civil service and a wide range of management roles, and also pursue further study in economics and related disciplines.

Accreditation

Heriot-Watt University is accredited as a Bloomberg Experiential Learning Partner, recognising us as a leader in experiential learning in the area of finance. 

Detailed course information

Course content

Detailed course guide

Year 1

Semester 1

  • Management in a Global Context
  • Introductory Economics
  • Introduction to Accounting

Semester 2

  • Enterprise and its Business Environment
  • The Economy
  • Introduction to Finance
  • Elective

Year 2

Semester 1

  • Intermediate Economics 1: Theory & Techniques (30 credits)
  • Quantitative Methods
  • Financial Markets Theory

Semester 2

  • Intermediate Economics 2
  • Corporate Financial Theory
  • Statistical Techniques
  • Elective

Year 3

Semester 1

  • Introductory Econometrics
  • Advanced Economics 1

Semester 2

  • Econometrics Project
  • Advanced Economics 2

Across both semesters

  • One Finance option
  • Three electives

Year 4

Semester 1

  • Advanced Economic Policy 1

Semester 2

  • Advanced Economic Policy 2

Across both semesters

  • Three Finance options
  • One Economics option
  • Two options from Accountancy & Finance, Economics or Business Management
Unistats course data

Employability

Work and study

This is what our MA (Hons) Economics and Finance students are doing six months after graduating:

  • 40% are working
  • 15% are studying
  • 30% are working and studying.

Managerial/professional position

  • 85% of those working are in a professional/managerial position six months after graduating.

Salary

  • The average salary of students six months after graduating: £29000
  • The average UK salary of students six months after graduating from a similar course: £25000

Jobs

These are the most common jobs students go into six months after graduating:

  • Business and public service associate professionals
  • Business, research and administrative professionals
  • Managers, directors and senior officials
  • Administrative occupations   
  • Sales occupations
  • Elementary occupations

Entry requirements

Year 1

  • Highers AAAB (over two sittings)
  • A-Levels BBB
  • Int. Baccalaureate 29 points
  • HNC B in graded unit

Year 2

  • Advanced Highers BB in relevant subjects, plus AAAB at Higher.
  • A-Levels ABB in relevant subjects
  • Int. Baccalaureate 34 points plus relevant subjects
  • HND BB in graded units, relevant HND
  • Additional information Minimum of grade C in Mathematics at Scottish Higher, grade C in Mathematics at AS or 5 in HL Maths for International Baccalaureate is required.

Additional information

  • Intermediate 2 / National 5 / GCSE English and Mathematics are required for all Economics courses.
  • BTEC Relevant BTEC qualifications are accepted; please contact Admissions Tutor for further details

Fees

Tuition fees for 2019 entry (by residency status)
Status* Scotland / EU** England / Northern Ireland / Wales*** International
Fee Paid by SAAS £9,250 £14,640

* Your residency 'status' is usually defined as the country where you have been ordinarily resident for the three years before the start of your course. Find out more about tuition fees.

** European Union countries (not including England, Northern Ireland or Wales).

*** 'Rest of the UK' (RUK) students entering at Level 1 receive a fee waiver of one year's tuition fee. Normally this will be the final year, or a year during which students study abroad (either at a partnership institution, or at one of Heriot-Watt's overseas campuses).

Scholarships and bursaries

Featured scholarships

Bursaries for students from England, Northern Ireland or Wales starting undergraduate degree courses in 2018

In addition to government maintenance loans and grants towards the costs of fees and living costs, we are offering generous financial support to attract and support eligible students from England, Northern Ireland or Wales:

View our full range of undergraduate scholarships.