Economics and Business Strategy MSc

Entry requirements
2:1 +
Full-time
1 year
Start date
September 2019
UK / EU fee
£13,400
International fee
£20,300
Location
Loughborough

Overview

Our MSc Economics and Business Strategy programme will equip you with sought after skills in economics and strategy that will enable you to build a successful and rewarding career both in business and policymaking.

Our MSc in Economics and Business Strategy will equip you with the tools of economics and strategy to influence business performance and to improve strategic thinking and decision-making in a competitive business environment.

You will be taught by experienced researchers that will guide you in using insights from economic theory to address real-world problems. There is a strong emphasis on applying theoretical and quantitative skills to real world situations – as well as a focus on developing critical thinking skills which will open up career opportunities in business, consulting, government and international organisations or as an academic economist.

You will be taught by academics with research expertise in competition, regulation and strategy and in key industries such as banking, finance, energy, water and pharmaceuticals. Our Professors and lecturers are engaged in research on topical issues such as industry performance and productivity, consumer choices, renewable energy and storage, innovation and patents.

You will have the opportunity to develop an individual research project addressing real life business and policy issues.

What makes this programme different?

  • Scholarships available for the best candidates
  • Gain the tools to influence business performance
  • Opportunity to develop an individual research project
  • Address real life business and policy issues
  • Taught by leading academics

Who should study this programme?

Our MSc Economics and Business Strategy programme is ideal for graduates interested in careers in business, consulting, government and international organisations or as an academic economist. You will learn how to apply knowledge of economics and strategy to influence business performance and to improve strategic thinking and decision-making in a competitive business environment.

Why you should choose us

What you'll study

How you'll be assessed

You will be assessed by a combination of group and individual coursework as well as exams.

How you'll study

  • Lectures
  • Seminars
  • Tutorials
  • Independent study
  • Group work
  • Workshops

Your personal and professional development

Our School of Business and Economics is committed to helping you develop the skills and attributes you need to progress successfully in your chosen career.

Future career prospects

Well-trained, numerate business and strategy economists are in high demand in every sector. Our Economics and Business Strategy programme prepares you for a career as a professional economist in management and strategy consulting, finance, government or industry.

Potential career destinations include: analyst in economic consultancy, corporate management, strategy teams in corporations, business-related government departments, competition and regulation authorities, industry associations.

Your personal development

There is a strong emphasis on applying theoretical and quantitative skills to real world situations – as well as a focus on developing critical thinking skills will open up career opportunities in business, consulting, government and international organisations or as an academic economist.

All our Business and Economics postgraduate students have the opportunity to attend an impressive range of extra-curricular masterclasses and public lectures – all on campus and free of charge.

Entry requirements

Our entry requirements are listed using standard UK undergraduate degree classifications i.e. first-class honours, upper second-class honours and lower second-class honours. To learn the equivalent for your country, please choose it from the dropdown below.

Entry requirements for United Kingdom

An honours degree (2:1 or above) or equivalent overseas qualification in economics, finance, business, management, management science, operations research, or related disciplines. Applicants from other disciplines will also be considered provided that your degree includes at least introductory modules in economics and an introduction to quantitative subjects such as calculus and statistics.

See our full list of International Qualification Equivalencies for all countries. Degrees must be obtained from a university or institution recognised by Loughborough University. Please contact us to clarify if required.

Algeria

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Algeria - 15/20 12.5/20

Argentina

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Argentina 8.5 7.5 6.0

Australia

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Australia First class Upper second Lower second

Azerbaijan

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Azerbaijan 4.5 4.0 3.5

Bahrain

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Bahrain GPA 4.0 scale 3.5 3.0 2.8

Bangladesh

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Bangladesh – BUET 1st (60%) 2nd (52%) 2nd (50%)
Other universities 1st (70%) 1st (60%) 2nd (53%)

Belarus

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Belarus 9 8 6.5

Belgium

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Belgium 80% (Magna Cum Laude) 70% (Laude) 60%

Brazil

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Brazil 8.5 7.5 6.0

Brunei

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Brunei First Upper second Lower second

Bulgaria

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Bulgaria 6 5 4

Cameroon

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Cameroon - 14/20 or Bien (GPA 3.4) 12.5/20 or Assez Bien (GPA 3.1)

Canada

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Canada GPA 4.0 scale 3.5 3.0 2.8

Chile

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Chile 6.0 5.0 4.5

China

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Shanghai Rank Top 250 85% 80% 77%
Shanghai Rank Top 251 - 500 89% 83% 80%
Shanghai Rank 500+ 92% 86% 82%

Further information

Colombia

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Colombia 4.5 3.5 3.0

Croatia

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Croatia 4.5 3.8 3.0

Cuba

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Cuba 5 4 3

Cyprus

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Cyprus 8.5 7.0 6.5

Czech Republic

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Czech Republic 1.2 2.2 2.7

Denmark

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Denmark 12/12 10/10 7/4

Ecuador

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Ecuador 8.5 (85%) 7.5 (75%) 6 (60%)

Egypt

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Egypt 3.7 3.2 2.7

Finland

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Finland 3 (out of 3) or 3.3 (out of 5) 2 (out of 3) or 2.5 (out of 5) 1 (out of 3) or 1.3 (out of 5)

France

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
France 14 12 11

Germany

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Germany 1.5 2.5 3.0

Ghana

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Ghana First Upper second Lower second

Greece

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Greece 8.5 7.0 6.5

Hong Kong

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Hong Kong GPA 4.0 scale 3.5 3.0 2.8

India

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Institutions listed on the Indian Ranking of Higher Educational Institutions Framework 65% (First) 60% (First) 55% (Upper second)
All other Indian institutions 70% (First with distinction) 65% (First) 60% (First)

Indonesia

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Indonesia - 3.3 (3.7) 3 (3.3)

Iran

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Iran 18 16 14

Iraq

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Iraq 85% 80% 75%

Ireland

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Republic of Ireland First Upper second Lower second

Israel

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Israel 95% 80% 75%

Italy

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Italy 109/110 104/110 100/110

Japan

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Japan 85% 80% 70%

Jordan

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Jordan GPA 4.0 scale 3.5 3.0 2.8

Kazakhstan

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Kazakhstan 4.5 4.0 3.5

Kenya

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Kenya First / 70% / A Upper second / 65% / B Lower second / 55% / B-C

Kosovo

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Kosovo 10 9 8

Kuwait

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Kuwait GPA 4.0 scale 3.5 3.0 2.8

Lebanon

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Lebanon American 90% 80% 70%
Lebanon French 18 15 12

Libya

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
BSc Engineering, Architecture, Medicine 85 80 75
Other Bachelor degree from a University - 85% 80%

Lithuania

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Lithuania 9 8 7

Macau

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Macau - 2:1 / B / 3.0 2:2 / C / 2.5

Macedonia

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Macedonia 7.5 6.7 6

Malawi

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
MSc Degree 75% 70% 65%
BSc Degree - 80% 80%

Malaysia

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Malaysia GPA 4.0 scale 3.5 3.0 2.8

Mexico

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Mexico 9 8 7

Morocco

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Morocco - 15 13

Namibia

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Namibia 80% 70% 60%

Netherlands

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Netherlands 8 7 6

New Zealand

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
New Zealand First (A/A+) Upper second (B+/A-) Lower second (B-/B)

Nigeria

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Nigeria 7 point Scale 6 5 4
Nigeria 5 point scale 4.5 3.8 3.5
Nigeria 4 point scale 3.5 3 2.5

Norway

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Norway A (1.5) B (2.5) C (3.2)

Oman

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Oman GPA 4.0 scale 3.5 3.0 2.8

Pakistan

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Pakistan Public Universities (Tech or Eng) 4 Year degree only First with distinction (75%) / 4.0 First (65%) / 3.2 Second (59%) / 2.6
Pakistan Private Universities (Tech or Eng) 4 Year degree only First with Distinction (85%) First (75%) First (65%)
Pakistan Masters (2 or 3 year Bachelor plus Masters) First Second (55%) Second

Palestine

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Palestine - B+ / 85% / 3.3 B / 80% / 3.0

Peru

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Peru 16 14 12

Philippines

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Philippines Summa Cum Laude 4.0 / 96% Magna cum Laude 3.5 / 92% Cum Laude 3.0 / 87%

Poland

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Poland 5 (Very good) 4 (Good) 3.5

Portugal

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Portugal 18 16 14

Qatar

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Qatar GPA 4.0 scale 3.5 3.0 2.8

Romania

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Romania 8.5 7.5 6.5

Russia

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Russia 4.5 4.0 3.5

Rwanda

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Rwanda - 2:1, 16/20, 70% 2:2, 14/20, 60%

Saudi Arabia

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Saudi Arabia GPA 4.0 scale 3.5 3.0 2.8

Singapore

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Singapore First Upper second Lower second

Slovenia

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Slovenia 9.5 8.5 7

South Africa

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
South Africa 1st / 75% - 100% 2.1 / 70% - 74% 2.2 / 60% - 69%

South Korea

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
South Korea 4.0 / A 3.0 / B 2.5 / C+

Spain

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Spain 9.0 7.5 6.5

Sri Lanka

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Sri Lanka 70% 60% 55%

Sudan

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Sudan (North and South) 70% 66% 60%

Switzerland

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Switzerland 6 5 4

Syria

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Syria 85% 75% 65%

Taiwan

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Taiwan Prestigious National Universities 80% 75% 73%
Taiwan Excellent Universities 83% 78% 75%
Taiwan Good Universities 88% 83% 80%

Tanzania

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Tanzania 1st 2:1 2:2

Thailand

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Thailand GPA 4.0 scale 3.5 3.0 2.8

Tunisia

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Tunisia 15 13 11

Turkey

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Turkey 3.5 2.8 2.2

Turkmenistan

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Turkmenistan - 4.5 4

Uganda

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Uganda First Upper second Lower second

Ukraine

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Ukraine 5 4.5 4

United Arab Emirates

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
United Arab Emirates GPA 4.0 scale 3.5 3.0 2.8

United States of America

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
United States of America GPA 4.0 scale 3.5 3.2 2.8

Uzbekistan

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Uzbekistan 90% / 85% 80% / 75% 75% / 65%

Venezuela

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Venezuela - 16/20 or 7.0/9 14/20 or 6.5/9

Vietnam

First-class honours (70%) Upper second-class honours (60%) Lower second-class honours (50%)
Vietnam 8.0 7.0 6.0

English language requirements

All applicants for admission to Loughborough University must have a qualification in English Language before they can be admitted to any course or programme, whether their first language is English or not.

IELTS: overall 6.5 with minimum 6.0 in each component. The School will accept lower IELTS scores if you undertake the University's pre-sessional English course. TOEFL with an overall score of 92, and no sub-test score below 22.

See full list of English language qualifications we accept, with full details on each.

Fees and funding

UK / EU fee

Full-time degree per annum
£13,400

International fee

Full-time degree per annum
£20,300

Tuition fees cover the cost of your teaching, assessment and operating University facilities such as the library, IT equipment and other support services. University fees and charges can be paid in advance and there are several methods of payment, including online payments and payment by instalment. Special arrangements are made for payments by part-time students.

Student loans Scholarships Career Development Loans External charities and loans Alumni bursary