- UCAS code
- Up to 4 years
- Delivery type
The study of Economics at Heriot-Watt University is underpinned by the work of globally respected researchers. Our flexible degrees are focussed on the real world and were ranked 3rd best in the UK in the Guardian University Rankings 2018.
Social Sciences Admissions
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Our Economics MA degree is underpinned by the work of world-leading researchers who design and teach our degrees with a real-world focus. We begin at an introductory level so you don’t need to have any previous knowledge in economics to study the course.
Heriot-Watt University has been ranked 1st in Scotland and 3rd in the United Kingdom for Economics in the Guardian University League Tables 2018, behind only Oxford and Cambridge.
One reason for our exceptional ranking is our ‘value-added’ score which has been the best in the UK for 6 of the past 7 years. Value-Added is a rating given to all universities in the UK which measures the first and upper-second class degrees achieved by students against their entry qualifications.
Our degree uses a flexible structure to let you tailor your studies and follow your own particular interest, allowing you to study Economics as a specialism or with an additional discipline through our five specialist pathways:
- MA (Hons) Economics and Accountancy
- MA (Hons) Economics and Business Law
- MA (Hons) Economics and Business Management
- MA (Hons) Economics and Finance
- MA (Hons) Economics and Marketing
As a result of this flexibility, your Economics degree will prepare you for a wide range of successful careers in economics, banking, finance, consultancy or business management. You can also continue with further studies in economics and related subjects like recent graduates who have gone on to study PhDs at world-leading institutions such as Harvard and Cambridge.
Read on for a break-down of the degree structure and for further details about the destinations of our graduates.
Course contentDetailed course guide
- Management in a Global Context
- Introductory Economics
- Introduction to Accounting
- Enterprise and its Business Environment
- The Economy
- Introduction to Finance
- Intermediate Economics 1: Theory & Techniques (30 credits)
- Quantitative Methods
- Intermediate Economics 2
- Contemporary Economic Policy & Institutions
- Statistical Techniques
- Introductory Econometrics
- Advanced Economics 1
- Econometrics Project
- Advanced Economics 2
Across both semesters
- One Economics option
- Three electives
- Advanced Economic Policy 1
- Advanced Economic Policy 2
Across both semesters
- Four Economics options
- Two options from Accountancy & Finance, Economics or Business Management
Work and study
This is what our MA (Hons) Economics students are doing six months after graduating:
- 70% are working
- 5% are studying
- 15% are working and studying.
- 85% of those working are in a professional/managerial position six months after graduating.
- The average salary of students six months after graduating: £24000
- The average UK salary of students six months after graduating from a similar course: £24000
These are the most common jobs students go into six months after graduating:
- Business and public service associate professionals
- Business, research and administrative professionals
- Elementary occupations
- Information technology and telecommunications professionals
- Science, engineering and technology associate professionals
- Sales occupations
- Procurement Specialist | BP Oil & Gas
- Economics Analyst | Mediacom
- Graduate Economist | PwC Consulting
- Junior Consultant | Ernst & Young
- Trainee Medical Underwriter | Royal London Group
- Management Consultant | PA Consulting
- Graduate Retail Banker | Royal Bank of Scotland
- Business Consultant | Ernst & Young
- Highers AAAB (over two sittings)
- A-Levels BBB
- Int. Baccalaureate 29 points
- HNC B in graded unit
- 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.
- 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
|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
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.