Master of Science (Economics)
Developed, fully taught and awarded by Birmingham Business School, University of Birmingham, UK
- Appreciate contemporary economic thinking in modern businesses
- Develop an appreciation and understanding of mainstream theoretical and applied techniques to help you prepare for or enhance your career
- Introduce and develop a breadth of knowledge in areas such as econometrics, development theory and policy, experimental economics, etc
- Apply theoretical knowledge, practical skills, tools and techniques in a written dissertation
- Develop specific transferable skills in research and analysis, abstract and simplify, numeracy and IT, strategic thinking, evaluation and inferences, as well as interpersonal skills
The one-year programme is offered through Birmingham Business School, and it is suitable for those who have a strong passion in economics and its intricate relation to modern business.
An SIM Preparatory Course in Economics is available for non-economics Bachelor’s degree holders.
Quick Fact: Graduate Employability
The University of Birmingham is the second most frequently targeted university among UK’s top employers for graduate recruits (The Graduate Market in 2018, High Fliers Research).
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Gain deeper understanding of economics issues
A deep understanding of economics is key to our continuing function as a global economy to establish successful trade, monetary and welfare policies across nations.
The programme provides an advanced training in core areas of economics that are widely used in economics-based professions. You will receive specialist training in areas of relevance and take options in other areas of your interest to meet the growing demands for economics to address and solve real-world problems.
This degree will give you a clear understanding and application of economics theory and techniques for modern businesses in emerging and developing countries.
Reasons to study Birmingham's postgraduate degrees at SIM
- Degrees are of the same standings and standards as those awarded in the UK
- Long tradition and established track record of teaching business and management
- Established international reputation of the University and the Business School
- Research led – cutting-edge research feeds directly into teaching
- International syllabus with a focus on the issues of globalisation
- Dedicated staff who provide continuous support for your studies
- Join the alumni community of more than 300,000 graduates. From television and sport to research and government, the University has outstanding alumni across all sectors.
Graduates can develop a career in academia, actuary, advertising, audit, commerce, financial services, industry, investment banking, journalism, consultancy, marketing, media, politics, research, tax, the public sector, or in any other profession that requires the valuable transferable skills and insights obtained from this degree.
Opportunity for Further Study
Graduates may further their studies in PhD and doctoral programmes from universities around the world upon completion of this programme.
Mode of Delivery
The programme covers seven taught modules (120 credits) and a written dissertation (60 credits).
Taught modules are delivered one at a time through lectures by Birmingham academics who teach the same module on the University’s home campus to ensure equivalent academic inputs for the Singapore programme.
A 10-credit module is equivalent to one week of lectures. The 20- and 30- credit modules are covered over two and three weeks respectively.
The modules are conducted intensively on weekdays, typically 6 hours per day on SIM's campus. Saturday classes may occasionally be scheduled if required.
Students will receive up-to-date training in analysis and statistical software in either Stata / Eviews / OxMetrics.
Note: The choice of software is subject to change and will follow according to the programme in the UK.
There will be workshops, consultation sessions and supervisors assigned to students on dissertation guidance.
Semester 1: October – March
Semester 2: April – September
Students will attend compulsory pre-sessional courses in Statistics and Mathematics. The courses are designed to enhance students’ knowledge and understanding in preparation for their academic studies in this programme. There are no exams and no additional payable charges incurred to the programme fee.
- Macroeconomics (20 credits)
- Microeconomics (20 credits)
- Econometrics (30 credits)
- Game Theory (20 credits)
- Dissertation (60 credits)
Optional Modules (choose 3)
- Economics of Financial Markets (10 credits)
- International Trade Policy (10 credits)
- Monetary Policy (10 credits)
- Risk, Uncertainty and Information (10 credits)
The modules listed here and on the University’s website may occasionally be subject to change. For example, as you will appreciate, key members of staff may leave the University and this might necessitate a review of the modules that are offered. Where a module is no longer available, we will let you know as soon as we can and help you make other choices.
Duration & Candidature Period
The programme is designed to be completed in a year.
There will not be any refund or recourse should students fail to complete the programme within the candidature period.
Minimum Class Size
Minimum class size to commence: 20 students
If the class fails to commence due to low take-up rate, students will be informed within one month before programme commencement with the refund of application fee.
Academic Qualification Requirement
- Bachelor’s degree in economics or a related discipline (Upper 2nd Class Honours or equivalent); or
- Bachelor’s degree in non-economics fields of study (Upper 2nd Class Honours or equivalent) and have a background in statistics and/or calculus at least at GCE ‘A’ level or polytechnic diploma level subject to the successful completion of a three-month SIM Preparatory Course in Economics.
- All other qualifications will be assessed on individual merits.
- A minimum C6 pass in English as First Language at GCE ‘O’ level; or
- IELTS 6.5 (with at least 6.0 in each band); or
- TOEFL iBT: 88 (with no less than 20 in Listening, 21 in Reading, 22 in Speaking and 21 in Writing); or
- Pearson Test of English (Academic): a minimum of 59 in all four skills.
These are to be submitted with the application:
- Two satisfactory references of which one must be academic-related; and
- a letter of academic interest and objective in postgraduate study.
All admissions are based on merit and are subject to the final approval of the Programme Director. Applicants may be interviewed prior to acceptance into the programme.
Preparatory Course in Economics (if applicable)
Developed and awarded by SIM, Singapore.
Applicants with a non-economics related Bachelor's degree and have a background in statistics and/or calculus at least at GCE ‘A’ level or polytechnic diploma level are required to pass a three-month Preparatory Course in Economics for entry into the Master of Science (Economics) programme.
The taught modules include:
University of Birmingham may require students to complete a minimum of one and up to a maximum of three modules, per intake.
On-campus lectures are typically 3 hours on weekdays, and classes can take place in the evenings. Classes may be scheduled on Saturdays if required.
Assessment is either by written exams, coursework^, or a combination of both. Final exams are scheduled at the end of the course in end-September/ early October on weekday mornings on SIM’s campus. There are no re-sits.
^Course work include in-course tests, assignments etc.
The full-time course is conducted annually between July and October. There will not be any refund or recourse should students fail to complete the course within this period.
Attendance requirement: 100%
The minimum class size is 20 students.
If the class fails to commence due to low take-up rate, applicants will be informed within one month before programme commencement with the refund of application fee.
A certificate of completion will be awarded upon successfully passing the Preparatory Course in Economics.
Preparatory Course in Economics (if applicable): S$749.00 per module
Master of Science (Economics): S$26,964.00, payable in two payments
Per payment of 60 credits taught module fee: S$13,482.00
Per 10 credits taught module fee: S$2,247.00
All fees inclusive of prevailing GST and are payable before semester commencement (exclude textbooks). Fees are valid for 2019 intake and assume that students complete the programme in one year.
Scholarships & Awards
Average Teacher-student Ratio
Preparatory Course in Economics - 1:20
Master of Science (Economics) - 1:20
Typically, students will need to complete each semester's assessments and/or exams before progressing to the next semester.
Assessments & Exams
Modules are assessed either by written exams, coursework*, or a combination of both. They are normally scheduled one to two weeks after a module’s completion.
Re-assessment/exam re-sit will be advised by the University for students who did not fulfil the passing requirement of any taught modules.
*Coursework can take a variety of forms including essays, practical assignments, presentations and reports etc. Some coursework may be group based.
Students will need to complete a 10,000 – 12,000 word dissertation for submission. The submission period is normally in September.
Note: The assessment schedule is subject to change by the University.
Award of Degree
Obtain a total of 180 credits to attain the Master of Science (Economics) awarded by the University of Birmingham.
The degree awarded and degree certificate, will be the same as that awarded in the UK.
A degree congregation presided by University of Birmingham is annually held in November on SIM’s campus. Alternatively, graduates can choose to attend the ceremony in July or December in the UK.