M.Sc in Behavioural Economics
Key Facts
Overview
Economics is a part of everyday life and gateway to future. The study of economics will help you in understanding world around you. It will enable you to understand people, businesses, markets and governments work and prepare you to respond to the threats and opportunities that emerge in dynamic markets. Economics graduates are well-placed in an ever-changing world because they have problem solving and analytical skills that allow them to succeed in variety of career path including and not limited to law, actuary, finance, foreign affairs, public administration, politics, policy analysis, health administration, entrepreneurship, market analysis, journalism etc.
This M.Sc in Behavioral Economics is rooted at the intersection of economics and psychology. This degree will give you a deep understanding of economics as well as the equip you with knowledge of strategies and policies required to address human behavior. This degree will teach you how to use behavioral science in context of both public and private organizations. The main focus of this inter disciplinary degree is to teach both theoretical and applied fundamentals of human behavior. This degree provides you range of courses and also guidance on dissertation.
The program is comprised of 90 ECTS credits and can be completed in about 18 months. For a detailed list of courses taught in this program, please refer to the curriculum.
Towards the end of the course you will undertake a dissertation under the guidance of a mentor.
Curriculum
Core Courses
Micro Economics
Macro Economics
Econometrics
Development Economics
International Economics
Specialization Courses
Behavioral Economic theory
Foundations of Behavioral Science
Behavioral Research Methods
Experimental Behavioral Science and Game Theory
Consumer Psychology and Decision Making
Neuroeconomics
Dissertation
This program is conducted fully online.
Once you are enrolled you will be provided a username and password to login to our e-Campus. All the courses that you are supposed to study will be available in your account. You can log in and complete your courses at any time of your convenience. Study materials are provided in the form of lectures, reading materials, additional videos, research papers, and so on. The faculty can be contacted for any assistance when required. All tests and assignment submissions also take place via the e-Campus. For more information please refer to the online learning section of the website.
Complete 66 Credits of Coursework
About 14 monthsSupervisor Allocation & Selection of the Dissertation Title
Upon coursework completionBachelor’s degree (or equivalent / higher)
This program requires a bachelor’s degree or an equivalent recognized academic title, in any discipline.
If you are unsure about your eligibility, please reach out to our admission staff.
- A passport size photo (head and shoulders only)
- Copy of identity proof e.g. a copy of passport or any other government-issued identity card
- Copy of bachelor’s degree or equivalent (degree/higher national diploma etc.)
- Copy of academic transcripts/marks sheets from the bachelor’s degree
- CV (optional)
This program is taught in English. Therefore, you should be comfortable in using English as a language of communication (reading, writing and speaking). If you have taken an English language test in the last two years, that is good to have. If not, you can explore a waiver for the English language test.
The English proficiency test is waived-off for the following candidates:
– Native English speakers, OR;
– Applicants who have completed their previous qualifications (e.g. bachelor’s degree) in English language, OR;
– Applicants who have at least 2 years of work experience in an organization in which English is the primary language of communication.
Our program fees are very reasonable in comparison to other schools. Please calculate the fees applicable to you by using our online fee calculator.
How much does it cost?
Learning Outcomes
By the end of this degree, you will be able to combine how economics and psychology jointly shape human decision making and understand theoretical and empirical application for environments where traditional theory fails to provide guidance in different market structures.
You will be able to:
- Understand the main theoretical and empirical debates in Behavioural Economics.
- Compare behavioural economics and traditional models of economics.
- Analyse the strengths and weaknesses of different theories of Economic Behaviour.
- Develop an ability to apply the main concepts to a variety of other economic fields.
Career Prospects
M.Sc in Behavioural Economics will allow you to work in a variety of roles in government, business, non-profit, and consulting firms.
Economics is a widely accepted field of study and provides an alternative to an accounting and finance degree, as it offers similar career opportunities for graduates.
You could work in a wide range of industries such as:
Banking
Finance
Accountancy
Business
Government
Consultancy
Program FAQ's
This program can be completed in about 1.5 to 2 years. It is fully self-paced, so you can increase your pace or go slow based on your time availability.
The primary mode of learning is via pre-recorded lectures, videos, reading materials etc. A few live guest lectures are scheduled during the program however they are optional to attend. Whenever such sessions are scheduled they are planned in a way that is convenient for most of our students. If you are unable to attend, a reccorded version will be provided.
You will be able to interact with the faculty via the personal messaging facility available in your study account, discussion forum, or via emails. A short phone call can also be scheduled if necessary.
A discussion group is available for the program. You can post your questions in the group and other students may respond.
Generally, you do not need to purchase any books. All the resources that you need will be made available by the faculty in your account. If you do wish to have text books, then the faculty can recommend to you some, and you may purchase them on your own,
Each unit within each course will be followed by a short multiple-choice question test. Once you pass, the next unit will activate for you to study. You can take these tests as many times as you need to.
In addition, you will be required to submit assignments for each course. Assignments are like essay or paper writing, usually of 1000 – 1500 words. Guidelines on how to write them will be available in your account.
You can save the pdf study notes that will be provided for each unit. Videos and other multimedia content cannot be downloaded.
Once you are nearning the completion of your coursework, you will work with your mentor to finalize a topic. You will then work on your dissertation under the guidance of your mentor and submit it once complete. The word count required is a minimum of 15000 words. You may be required to defend the dissertation as per the applicable academic policies.
No, our degree does not mention that the program was conducted online.
A graduation ceremony may be conducted at one of our international locations.
If you cannot attend then you will be invited for a virtual graduation ceremony via video-conferencing. After this the completion documents are sent to your postal address by courier.
