Department of Economics

M
S
c
E
c
o
n
o
m
i
c
P
o
l
i
c
y
w
i
t
h
P
l
a
c
e
m
e
n
t
Y
e
a
r

K
e
y
i
n
f
o
r
m
a
t
i
o
n

Start date
Duration
2 years
Attendance mode
Full-time
Location
On Campus
Fees

Home: £12,220 (+£1,385 placement year fee)
International: £25,320 (+£1,385 placement year fee)

Course code
PGTF0279
Entry requirements

We will consider all applications with 2:2 (or international equivalent) or higher. In addition to degree classification we take into account other elements of the application such as supporting statement. References are optional, but can help build a stronger application if you fall below the 2:2 requirement or have non-traditional qualifications.

 

See international entry requirements and English language requirements

C
o
u
r
s
e
o
v
e
r
v
i
e
w

The MSc Economic Policy with Work Placement Year programme offers training in the understanding and critical evaluation of economic policy issues, design and solutions, their foundation in the evolution of economic theory and methods, as well as critical discussion of the application of policy design to real-world problems without requiring a first degree in Economics for enrolment.

It offers distinct core modules that enables you to engage with debates in economic theory and policy in advanced as well as developing regions. It also provides a programme structure that develop qualitative and quantitative research capabilities.

For your placement year, you will have the opportunity to take part in a full-time, 10–12 month work placement at an organisation of your choice. Please note: you will be expected to secure the work placement yourself, to be approved by the academic department. The SOAS Careers team are on hand to help you with your CV, interview skills and finding the right organisation for you.  

Students on this programme can apply for a dissertation co-supervised with key international organisations, such as the International Trade Centre (ITC), the United Nations Industrial Development Organisation (UNIDO), the United Nations Development Program (UNDP) and the World Bank.

Why study MSc Economic Policy with Work Placement Year at SOAS?

  • SOAS is ranked 27th in UK for economics (QS World University Rankings 2024)
  • We are ranked 6th in the UK for employability (QS World University Rankings 2023)
  • We are top 20 in the UK for student satisfaction with teaching (Complete University Guide 2023)
  • We are top 40 in the UK for economics (Complete University Guide 2023)

S
t
r
u
c
t
u
r
e

Masters programmes (with the exception of 2-year full-time MSc) consist of 180 credits, made up of taught modules of 30 or 15 credits, taught over 10 or 20 weeks, and a dissertation of 60 credits. The programme structure shows which modules are compulsory and which optional.

Completion of the placement year comes with an optional additional 60 credits (on top of the 180 mandatory credits that need to be completed for the MSc Economic Policy degree).

As a rough guide, 1 credit equals approximately 10 hours of work. Most of this will be independent study such as reading and research, preparing coursework, revising for examinations and so on. Also included is class time, for example lectures, seminars and other classes. Some subjects may have more class time than others – a typical example of this are language acquisition modules.

At SOAS, most postgraduate modules have a one-hour lecture and a one-hour seminar every week, but this does vary.

Important notice

The information on the website reflects the intended programme structure against the given academic session. The modules are indicative options of the content students can expect and are/have been previously taught as part of these programmes.

However, this information is published a long time in advance of enrolment and module content and availability is subject to change.

Year 1 - Compulsory

Year 1 - Guided options List A

Minimum of 45 credits to be selected from List A

Year 1 - Guided options List B

Up to 15 credits to be selected from List B

Year 2 - Core

Placement Year and Research Project

T
e
a
c
h
i
n
g
a
n
d
l
e
a
r
n
i
n
g

The MSc Economic Policy consists of six core modules and one optional modules, each worth 15 credits. Two of the core modules cover economic theory and analysis, one of the core modules covers research methods, while the two other core modules give training in statistics. In addition, the Research Project in Economic Policy accounts for 60 credits.

Research Project

The modules are taught in seminar groups and lectures. The degrees is awarded on the basis of assessed coursework, examinations and the dissertation. The MSc is taught over a period of 12-months of full-time study within a structured programme. In case of part-time study, the degree will be taught over two or three years.

For a two year study, four modules are studied each year, with the dissertation normally being completed in the second year, while the number of modules taken is decided in consultation with the programme convenor for a three year study.

Contact hours

All Masters programmes consist of 180 credits, made up of taught modules of 30 or 15 credits, taught over 10 or 20 weeks, and a dissertation/research project of 60 credits. The programme structure shows which modules are compulsory and which optional.

As a rough guide, 1 credit equals approximately 10 hours of work. Most of this will be independent study, including reading and research, preparing coursework, revising for examinations and so on. It will also include class time, which may include lectures, seminars and other classes. Some subjects, such as learning a language, have more class time than others.

E
m
p
l
o
y
m
e
n
t

Economics graduates leave SOAS with a solid grounding in statistical skills and an ability to think laterally, take a global perspective, and employ critical reasoning.

Recent graduates from the Department of Economics have been hired by:

  • Bain & Co
  • Bank of America
  • Cabinet Office
  • Deloitte
  • Ernst & Young
  • KPMG
  • NHS England
  • Foreign and Commonwealth Office
  • Department for Business, Energy and Industrial Strategy
  • HSBC
  • National Institute of Public Finance and Policy, New Delhi
  • UK Civil Service
  • United Nations High Commissioner for Refugees
  • University of Bayreuth
  • HM Treasury
  • Department for International Development
  • PwC
  • UNDP
  • King’s Investment Fund
  • Foreign and Commonwealth Office
  • The World Bank
  • EY
  • British Chamber of Commerce
  • Oxfam
  • RBS

Find out about our Careers Service.