City, University of London

Course Introduction

This course is suitable for recent graduates in economics, psychology and related social science or quantitative disciplines who are looking to develop a career in the fast-paced world of behavioural economics, either in the public or private sector. As the course is offered in full-time and part-time modes, it is also suited to professionals who want to enhance their theoretical knowledge and practical skills and would benefit from an academic environment. This is an important field in modern economics, and the social sciences more generally.

Commercial organizations have long known the limitations of individual decision making and they routinely use this knowledge in their commercial practices (e.g. anchoring effect of minimum payment on credit cards). The practical implications of behavioural economics are varied and significant, and acknowledged to provide a powerful and cost-effective approach to improving human welfare. The Behavioural Economics MSc will develop your skills and knowledge to prepare you for a wide variety of roles in the private or public sector that require a solid understanding of human behaviour.

City?s Behavioural Economics postgraduate course would be especially valuable for professionals who already work in occupations which involve the need to understand the scientific dynamics of human decision making and behaviour (e.g., financial traders who require the right psychological attitude as much as appropriate strategy knowledge).

Duration & Attendance Qualification Tuition fees Fee type
1 year
Full Time
MSc £14,790 Home Fees
1 year
Full Time
MSc £14,790 European Fees
1 year
Full Time
MSc £19,890 Overseas Fees
2 years
Part Time
MSc £7,395 Home Fees
2 years
Part Time
MSc £7,395 European Fees
2 years
Part Time
MSc £9,945 Overseas Fees

Qualifications required:

  • Domestic entry requirements: Students should have an upper second class degree in Psychology, Economics or a related discipline (or equivalent in terms of professional qualifications). An equivalent qualification from an overseas university is acceptable. Selection is by application form, personal statement and references. It is not a prerequisite to have a background in Economics or Psychology.
  • International entry requirements: Students whose first language is not English, will need to provide evidence of English proficiency. We only accept the following English language qualifications: A first degree from a UK university or from the CNAA; A first degree from an overseas institution recognised by City as providing adequate evidence of proficiency in the English language, for example, from institutions in Australia, Ireland or the USA; GCE O-level/GCSE English Language or English Literature, grade C minimum; IELTS - 7 or above in each section; Pearson test with a score of at least 67 in each area.
  • IELTS score: 7