Programme Overview:
- Duration:
- 1 Years / 2 Years
- Attendance:
- Full Time / Part Time
- Mode of Delivery:
- Face-to-Face
- Next Intake:
- 2024/2025 September
- Contact Name:
- Lesley Tohill
- Contact Number:
- +353(0)1 716 8272
- Fees:
- Fee Information
This course provides high quality quantitative training in economics, a focus on advanced research methods and a supervised research thesis. Students get a rigorous grounding in using mathematical and statistical methods to derive, test and apply formal economic models. In addition to core modules in microeconomics, macroeconomics and econometrics, students have the option of completing a two-term specialisation in either Statistics or one of Behavioural Economics, Law and Economics of Competition, Environmental and Energy Economics, or Development Economics and Trade.
The course prepares students for PhD-level study in economics or obtaining employment as a professional economist in jobs requiring the application of analytical methods to economic problems. Students may switch to our MSc in Applied Economics after first term, which includes the option of a summer internship.
This programme features small group teaching from leading economists and a supportive environment. Masters students are an integral part of our School community, attending research seminars and receiving a wide range of supports to help them prepare for the research thesis element of their degree.
UCD School of Economics is Ireland’s leading economics department. Our staff are experts with international reputations in a wide range of topics such as macroeconomics, econometrics, applied microeconomics, behavioural economics, health economics, international trade, and economic history. School members play a significant role in debating economic policy issues and in contributing to the formulation of economic policy. Students get to know our staff via participation in small classes and seminars and through direct supervision.
For full details on the structure of the course, click here
Many graduates of our masters programmes have gone on to complete PhDs in economics and pursue successful careers as academic or research economists. Many others have moved directly to employment in central banks, think-tanks, government departments, regulatory agencies, financial sector institutions and consultancy firms.
Curricular information is subject to change
This programme is aimed at students who wish to develop a rigorous understanding of economic principles. It targets students who wish to obtain employment as economists as well as students who are interested in pursuing a PhD in economics. Due to its technical and cumulative nature (current topics building on material covered previously in the programme), we encourage our students to have strong quantitative skills and to be active, motivated, and autonomous learners.
Our learning environment provides a solid foundation in fundamental economic concepts, and the small group classes, presentations by past students and employers of MSc graduates, and weekly seminars from leading academics encourage students to obtain exposure to cutting-edge research and real-world experiences of economists. This programme uses small-group teaching in the subjects of microeconomics, macroeconomics, quantitative analysis, and econometrics during semester 1. In semester 2, students have small-group teaching in elective subjects such as international trade, as well as more advanced courses in the core topics. The summer semester is devoted to thesis research: students identify and articulate a research problem and present a report detailing how they developed and executed a research plan to resolve the problem.
MSc Quantitative Economics (W352) Full Time
EU fee per year - € 12500
nonEU fee per year - € 22600
MSc Quantitative Economics (W353) Part Time
EU fee per year - € 7690
nonEU fee per year - € 11300
***Fees are subject to change
Tuition fee information is available on the UCD Fees website. Please note that UCD offers a number of graduate scholarships for full-time, self-funding international students, holding an offer of a place on a UCD graduate degree programme. For further information please see International Scholarships.
These are the minimum entry requirements – additional criteria may be requested for some programmes.
Annabell Schneider
The UCD was the perfect place to pursue my MSc in Quantitative Economics as it is Irelands largest university and has an excellent reputation throughout Europe and the academic world. The university as well as the programme management provided everything necessary to successfully prepare for the start of the studies which especially enabled international students to quickly get familiar with the new academic environment. Further support can be obtained by contacting the Student Help Desk or by directly approaching organisers and professors.
The MSc in Quantitative Economics offers the perfect combination of theory and practice. Students gain a more detailed understanding of economic fundamentals through core modules such as Macroeconomics and Microeconomics. In addition, students can choose from a variety of elective modules that provide them with important tools which train both the use of statistical methods as well as programming languages. During the MSc programme, I really enjoyed analysing data and thus providing answers to economic questions which not only helped me when I was working on my master’s thesis, but also in my current job.
Today, I work as a credit risk analyst at one of the largest banks in Germany, helping to analyse data and develop new metrics to monitor the bank’s credit risk. The MSc in Quantitative Economics is perfect for everyone who seeks to expand theoretical knowledge as well as to deal with economic issues in practice.
Dan Foley, Research Assistant, Economic and Social Research Institute
“The masters program in UCD is an excellent choice for anyone wanting to further their knowledge of economics. The main advantage of the programme is the array of courses available to students. The first semester provides students with both the foundations needed to study the more advanced classes as well as hands on experience using econometric software to perform practical empirical work. The second semester provides a range of classes allowing students to choose between courses that prepare students for PhD-level study, more applied courses or a mix of both. I particularly enjoyed the strong research element of the programme which gave me an insight into what economists actually do. I thoroughly enjoyed my time in UCD and felt the programme provided me with the necessary tools to confidently undertake my own research which has been invaluable in my current job.”
The following entry routes are available:
* Courses will remain open until such time as all places have been filled, therefore early application is advised