What will I learn?

Overview

Over the past decade, techniques in behavioural economics have been applied by a large number of private and public sector organisations ranging from Coca-Cola, Google and Visa to the Bank of England, Oxfam and the NHS. Concepts from behavioural economics are widely used in areas including marketing, organ donor framing and incentives to save or spend. There seems to be no aspect of life in which applications from behavioural economics are not relevant.

Why study MSc Behavioural Economics in Action at Middlesex University?

This course is highly relevant to individuals from policy making and management backgrounds in the public and private sectors, as well as graduates from a range of backgrounds including anthropology, business, economics, finance, political science, psychology, sociology, neuroscience, maths and physics. The tools and techniques we teach, particularly the design of experiments including spatial randomization and clustering, are in great demand in organisations that seek to understand customer and consumer behaviour.

Our economics department has the largest group of academics working in the field of behavioural economics in London, holds regular seminars and talks from visiting researchers and has a network of international collaborators from all over the world. This high level of collaboration and exchange of knowledge means you benefit from being part of a highly active department, as well as participating in practical learning as you develop the skills to design, run and interpret trails and experiments with academics, other institutions and international labs.

Course highlights

  • High level of engagement with experiments including the design, running and interpretation of trials with an emphasis on education, health, marketing and voting
  • Be part of a highly active department which host regular seminars and welcomes research visitors
  • The department has a dedicated Behavioural Economics Group (BEC), who run experiments in both the lab and the field, and conduct research in areas including cooperation and altruism, markets and collusion, belief elicitation and social networks
  • A wide base of international collaborators from the USA, Latin America, Europe, Asia and Australia feeding into the knowledge and expertise

Careers

How can the MSc Behavioural Economics in Action support your career?

This masters provides a solid background in the design of experiments and data analysis, as well as ability to critically evaluate issues related to behavioural economics. Behavioural economics offers the opportunity to pursue careers as researchers and consultants in a range environments including;

  • Public bodies (HMRC, NHS, FCA, etc)
  • Banks: Beh Finance
  • Marketing departments
  • Behavioural Teams (ING, SwissRe, etc)
  • Fundraisers/Charities
  • Health Economics

Students can also exit with PGCert and PGDip awards.

Which department am I in?

Economics and International Development

Study options

Full Time (1 year)

Tuition fees
£16,500.00 (US$ 21,827) per year
This is a fixed fee
Start date

Expected October 2022

Venue

Middlesex University

Hendon Campus,

The Burroughs,

Barnet,

NW4 4BT, England

Entry requirements

For students from United States

Students must have Bachelors degree from an accredited university or college with a Grade Point Average of 3.0 or higher.

For international students

Students need to have a second-class honours degree 2:2 or above in the field of economics, business management, business administration, international business and other relevant areas. Students need to have: an IELTS score of 6.5 (with minimum 6.0 in all components).

*There may be different IELTS requirements depending on your chosen course.

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