Economics

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https://www.hw.ac.uk/study/undergraduate/economics

MA Economics | Heriot-Watt University

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MA Economics

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Key information

Globally active researchers underpin MA (Hons) Economics at Heriot-Watt University's Edinburgh Business School. Our flexible degree focuses on making a difference in the real world and was ranked 4th in the UK by the Daily Mail University Guide 2026 and 1st in Scotland* by the National Student Survey 2025.

Find out more about our 3 year honours degree option.

UCAS codeL100

LevelUndergraduate

Delivery typeFull Time

Degree qualificationMA

Mode of deliveryOn-Campus

Duration3-4 years

LocationEdinburgh

Start dateSeptember

Our Economics degree studies how individuals, firms, and governments make choices, and how these choices determine how resources are distributed across society. Economics helps us understand and improve decision-making for ourselves, organisations and societies, and it throws light on issues as diverse as the environment, unemployment, inflation, poverty, globalisation and trade.

The Economics degree will help you develop the required skills to investigate, analyse and answer such questions. You’ll progress from an introduction to economics to the point where you’ll have the skills and knowledge to undertake a technically complex analysis of economic policy. Your learning will be underpinned by the knowledge of highly respected economists who design and teach our courses with a global outlook and real-world focus, stemming directly from their research into global economic issues.

During the MA (Hons) Economics programme, you’ll gain practical specialist knowledge whilst fine-tuning your professional, research and advanced communication skills. You’ll gain knowledge of the core analytical tools and research methods in economics. Through your economics dissertation, you’ll use your learned knowledge and skills to carry out an original research project at the forefront of knowledge on your chosen topic.

Throughout your studies, you’ll have opportunities to develop scholarship skills, undertake professional and employability development, and engage in reflective learning. Upon completion, you’ll be ready to progress into various opportunities in areas such as financial services, management of organisations, public service, and postgraduate education.

*1st in Scotland based on average % positivity measure

Your student experience

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Our expertise

Our expertiseYour learning environmentCustomise your learningAccreditation

Our programmes are informed by an Industry Advisory Board of business leaders who ensure our curriculum matches the needs of global employers.

The Edinburgh Business School approach ensures that an industry focus is built into every part of this degree so that your studies reflect the current thinking and practices of successful organisations and their leaders.

The industry experience and research expertise of our staff bring your teaching and learning to life with case study-driven assignments and applied group projects, complemented by guest lectures from industry leaders, CEOs and directors of national and multinational organisations.

Course content

September Intake - Edinburgh

Mandatory September

The Economy

Critical Academic Skills

Management in a Global Context

Introduction to Accounting

Mandatory January

Introduction to Economic and Financial Analysis

Sustainable Business

Becoming a Professional

Introductory Finance

Disclaimer

The courses mentioned above may change between now and the time that you study. For more information, please view our Terms and Conditions.

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Student testimonials

I loved that lectures are up-to-date with current economic affairs which makes for exciting, relevant classes. The content of the course includes a variety of diverse topics providing stimulating learning material which challenges you to think. The academics are all very passionate and knowledgeable about Economics. They are also considerate and supportive with any problems or queries you may haveOrla O'Kane

MA (Hons) Economics

Fees and funding

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September 2027 intake tuition fees

Scotland

Paid by SAAS

England / Wales / N Ireland / Rep of Ireland

International

Status: 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.

International: 'International' includes applicants from European Union countries who do not hold Pre-Settled or Settled status in UK. (This does not include students from the Republic of Ireland - see above).

Scholarships and bursaries

Bursaries for students from England, Northern Ireland or Wales

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

Heriot-Watt University Bursary (up to £3,100 per year)View details

Entry requirements

If joining us in September 2027, please see the entry requirements below. Heriot-Watt offers different entry requirements, depending on your background.

Standard entry requirements

Highers AABB (over two sittings)

A-Levels BBC

International Baccalaureate 29 points

BTEC Extended Diploma DMM

HNC B in graded unit

Please check that you meet our University-wide National 5/GCSE (or equivalent) English and Maths requirements.

Minimum entry requirements *

Highers BBBC (over two sittings)

A-Levels BCC

BTEC Extended Diploma MMM

HND BC / CB

*Minimum: under our Fair Access Policy, we will relax our standard entry requirements for some Scottish and Rest of UK status students depending on their circumstances. Our minimum requirements will apply if you:

live in an area within the Scottish Index of Multiple Deprivation lowest 20% (SIMD20) or POLAR4 Quintile 1 regions (RUK)

or are care experienced.

We can also make exceptions for some Scottish students with grades above minimum but below standard. Read more about our Minimum and standard entry requirements.

Additional information

For all years, applications are welcomed from holders of non-school qualifications, mature candidates and overseas students.

If you do not see your qualifications here please contact us at studywithus@hw.ac.uk

HND or BTECs in other business relevant subjects may be considered for advanced entry to Year 2 on a case-by-case basis and may require specific units to have been studied.

For applicants studying HNC, HND or BTEC qualifications, when submitting your application please ensure you list in full all the units you are currently studying, as specific units (e.g. in Maths) may be required.

English language requirements

If your first language is not English, we'll need to see evidence of your English language ability.

The minimum English language requirement for entry to this programme is IELTS 6.0 (or equivalent) with no score lower than 5.5.

Please see our detailed English language requirements.

Why Heriot-Watt

We have been producing career-ready graduates since 1821. With our roots as the world’s first Mechanics Institute, Heriot-Watt is a pioneering university with a global reach.

At Heriot-Watt, learning goes beyond the lecture theatre. We tackle real world challenges through extraordinary research – from climate change to protecting our oceans, to advancing life-saving medical breakthroughs and shaping the next generation of AI. We are also committed to developing forward-thinking design and sustainable business practices that impact industries worldwide. On our campuses you’ll find some of the world’s most advanced facilities, while our strong industry links set you up for career success. This is why almost 90% of our graduates are in employment or further education (Graduate Outcomes Survey 2024).

Employability

We’re delighted that Edinburgh Business School has the highest percentage of graduates in Scotland who are appointed to a CEO or MD role (Novuna Business Cash Flow, 2025). We’re also 1st in Scotland and joint 2nd in the UK for graduate prospects (HESA Graduate Outcomes Survey 2025). Typical careers for economics graduates include business, research and administrative professionals, and business and public service associate professionals.

Work and study

This is what our MA Economics students are doing 15 months after graduating:

0%are working

0%are studying and working

£0The median salary of Heriot-Watt students 15 months after graduating

£0The median UK salary of students 15 months after graduating from a similar course

Potential career paths

Business and public service associate professionals

Finance professionals

Business, Research and Administrative Professionals

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