Skip to main content Skip to navigation

Diploma plus MSc in Economics

Diploma plus MSc in Economics


Our Diploma plus MSc is available for those converting from a first degree subject other than Economics. Train in the core components of modern economic analysis and appropriate quantitative methods.

Please note: Applications for 2021 entry are now closed. Applications for 2022 entry will open on 1 November 2021.

Key Information
  • Course Code: P-L1PA
  • Qualification: Diploma plus Master of Science (MSc)
  • Duration: 2 years full time
  • Start Date: 27 September 2021
Course Overview

Our Diploma is aimed at students without a background in economics, and will provide training in the core components of modern economic analysis and appropriate quantitative methods. You will acquire the ability to analyse economic problems, both empirically and theoretically, developing knowledge of economic trends, institutions and policy.

The Diploma plus MSc programme is available for those who plan to convert from a first degree subject other than Economics to a Master’s in Economics. Following a successful completion of the Diploma to a required standard you will then be eligible to progress onto our MSc programmes in Year Two.

The Student Perspective

Hear Catherine's story of studying MSc Economics at the University of Warwick:

Course Structure

You will take three core (compulsory) modules and up to two optional modules. Following the successful completion of the first year (Diploma), students then progress to the MSc in Economics.

Core Modules (Year 1)
Optional Modules (Year 1)

Optional modules may change from year to year. Recently, a selection of the following options have been offered:

  • Development Economics (Macroeconomics)
  • Economics of Money and Banking
  • Game Theory
  • Labour Economics
  • Topics in Applied Macroeconomics

How will I learn?

Teaching is mainly carried out through lectures and seminars, with an average of 8-10 hours of lectures and 3-5 hours of seminars per week, plus several short tests, exercises and essays per term.

You will be expected to undertake your own independent study for an average of 17 hours per term-time week.

There are a range of facilities available both on and off campus to help you further your own research and learning and become an independent, active learner.

We encourage one-to-one interaction with our world-leading academics and offer great flexibility in the optional modules that allow you to specialise or diversify your studies.

Contact Hours

An average of 8-10 hours of lectures and 3-5 hours of seminars per week.

Class Size

Diploma (Year 1)
Lecture size will vary, especially for the optional modules, but also for core lectures. Some of the larger modules may have 200-450 students and weekly seminars typically average around 15-20 students.

MSc (Year 2)
Core modules range from 150 - 250 students and seminars have typically around 15 students.


For Diploma students, assessment is through formal examinations and coursework.

Feedback is a vital part of the assessment process, as it helps you to reach your full potential by identifying the strengths and weaknesses of your work and the actions needed to develop your understanding and enhance your performance.

Feedback is provided in a variety of ways, including: grades and comments on marked work, solutions to problem sets, verbal feedback from tutors and peers in Support and Feedback Classes, Advice and Feedback hours with academic staff, and personal tutor meetings.

Minimum Requirements
Course Minimum Requirement
Diploma plus MSc in Economics 2:i undergraduate degree (or equivalent) and a good standard in A Level Mathematics or equivalent (including algebra and calculus)
International Students

We welcome applications from students with other internationally recognised qualifications. For more information please visit the international entry requirements page.

English Language Requirements

All students will also need to meet our English language requirements (Band A)
IELTS overall score of 6.5, minimum component scores not below 6.0

Tuition Fees

For up-to-date information concerning fees, funding and scholarships for Home, EU and Overseas students please visit Warwick's Fees and Funding webpage.

Additional Course Fees

Economics students will need to buy a calculator, at a cost of approximately £10. Social events and trips organised by the department are free of charge.

  • 10% Alumni Discount Scheme - If you are a Graduate of the University of Warwick and are of home or overseas fee status, you will be able to access a 10% tuition fee discount on this course.
  • Warwick Taught Masters Scholarship scheme - The University of Warwick offers a number of Warwick Taught Masters Scholarships, which are available to eligible Home/EU students from under-represented groups who wish to start a postgraduate taught masters course. The award details, eligibility criteria, and the application process can be viewed on the Warwick Taught Masters Scholarship scheme webpage.
  • Further Scholarship Options - The University also offers a wider range of scholarships available.
  • Postgraduate Funding - Useful information on fees, the cost of studying in the UK and funding can be found on the postgraduate study pages.
  • Postgraduate Loans- A Postgraduate Loan can help with course fees and living costs while you study a postgraduate masters course.

Graduates from these courses have gone on to work for employers including: Accenture; Deloitte; European Central Bank; European Commission; HSBC; KPMG; Nielsen and UNESCO. They have pursued roles such as: economists; analysts; consultants; researchers; business and financial project management professionals; chartered and certified accountants; actuaries; statisticians; quality assurance and regulatory professionals.

Helping you find the right career

Our Department has a dedicated professionally qualified Senior Careers Consultant who can support you. They offer impartial advice and guidance together with tailored workshops and events throughout the year. Previous examples of workshops and events include:

  • Careers in Economics Event
  • Investment Banking Uncovered
  • Warwick careers fairs throughout the year
  • Mock Assessment Centre workshops
  • Manage your digital identity and use LinkedIn effectively

Find out more about careers support at Warwick.