Economics (Diploma plus MSc) (2025 Entry)
Find out more about our Economics Diploma plus Master's degree at Warwick
Economics 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 within Warwick's Department of Economics, ranked 1st in the UK (The Good University Guide 2024)), 2nd in the UK for research excellence (based on the most recent Research Excellence Framework 2021, published in Times Higher Education rankings) and 23rd the World (The QS World University Subject Rankings 2024).
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.
Frequently Asked Questions
General entry requirements
Minimum requirements
2:1 undergraduate degree (or equivalent). You must have a strong background in Mathematics and Statistics. This means you should have achieved a good standard in quantitative modules as part of your undergraduate degree, or have at least an A grade at A level Mathematics (or equivalent).
English language requirements
You can find out more about our English language requirementsLink opens in a new window. This course requires the following:
- Band A
- IELTS overall score of 6.5, minimum component scores not below 6.0.
International qualifications
We welcome applications from students with other internationally recognised qualifications.
For more information, please visit the international entry requirements pageLink opens in a new window.
Academic References
We typically ask for one academic reference for taught courses, and two academic references for research courses.
You will be asked to include an email address for your referee(s) when submitting your application and we will contact them for you.
View our guide to academic references.Link opens in a new window
Additional requirements
There are no additional entry requirements for this course.
Core modules
Core modules (Diploma)
Core modules (MSc)
You will choose one of the following modules:
You will choose one of the following modules:
You will choose one of the following modules:
Optional modules
Optional modules can vary from year to year. Example optional modules for the Diploma may include:
Example optional modules for the MSc may include:
Teaching
You will have a combination of lectures, and small group support and feedback classes.
Throughout the course, you will have many opportunities to apply the principles of economics to practical study. This means what you are learning is highly relevant to real-world issues. We encourage one-to-one interaction with our academics and offer great flexibility in the optional modules that allow you to specialise or diversify your studies.
Reading lists
If you would like to view reading lists for current or previous cohorts of students, most departments have reading lists available through Warwick Library on the Talis Aspire platformLink opens in a new window.
You can search for reading lists by module title, code or convenor. Please see the modules tab of this page or the module catalogue.
Please note that some reading lists may have restricted access or be unavailable at certain times of year due to not yet being published. If you cannot access the reading list for a particular module, please check again later or contact the module’s host department.
Class sizes
Diploma (Year One)
Your lecture size will naturally vary, especially for the optional modules, but also for core lectures.
Some of the larger modules may have 200-600 students in them. You will then typically have weekly or fortnightly support and feedback classes with around 15-20 students.
MSc (Year Two)
Core modules range from 50-200 students and classes have typically around 15-20 students.
Typical contact hours
An average of 8-10 hours of lectures and 3 hours of classes per week.
Your timetable
Your personalised timetable will be complete when you are registered for all modules, compulsory and optional, and you have been allocated to your lectures, seminars and other small group classes. Your compulsory modules will be registered for you, and you will be able to choose your optional modules when you join us.
Assessment
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
- Personal tutor meetings
Your career in Economics
Graduates from our Master’s courses have gone on to work for employers including:
- Bank of America
- Bank of China
- China Merchants Bank
- Citibank
- Deloitte
- EY
- European Central Bank
- Frontier Economics
- HM Treasury
- HSBC
- IMF
- KPMG
- World Trade Organisation
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
Our department has a dedicated professionally qualified Senior Careers Consultant offering impartial advice and guidance together with workshops and events throughout the year. Previous examples of workshops and events include:
- Careers in Economics Webinar Series with speakers from our Economics Alumni community
- Careers in Economics Fair with key employers held annually in November
- Investment Banking Uncovered
- Warwick careers fairs throughout the year
- Mock Assessment Centre workshops
- Manage Your Digital Identity and Use LinkedIn Effectively
Economics at Warwick
We are committed to rigorous training of the next generation of economists in the tools and techniques of the discipline, producing cutting-edge research that has a wide and deep impact on society and the economy, and creating strong collaborations. Our work has established Warwick Economics as one of the leading centres of economic research internationally.
We hold regular live chats for prospective students and offer holders. Please see the live chat schedule for Economics.
Visit the Economics website to find out more
Our Postgraduate courses
- Behavioural and Economic Science (Economics) (MSc)
- Economics (Diploma plus MSc)
- Economics (MSc)
- Economics and Data Science (MSc)
- Economics and International Financial Economics (MSc)
- MRes/PhD in Economics
Academic Resources Portal
The Department of Economics have put together a portal of academic resources recommended by faculty members for anyone who may be considering studying economics at postgraduate level.
Tuition fees
Tuition fees are payable for each year of your course at the start of the academic year, or at the start of your course, if later. Academic fees cover the cost of tuition, examinations and registration and some student amenities.
Fee Status Guidance
We carry out an initial fee status assessment based on the information you provide in your application. Students will be classified as Home or Overseas fee status. Your fee status determines tuition fees, and what financial support and scholarships may be available. If you receive an offer, your fee status will be clearly stated alongside the tuition fee information.
Do you need your fee classification to be reviewed?
If you believe that your fee status has been classified incorrectly, you can complete a fee status assessment questionnaire. Please follow the instructions in your offer information and provide the documents needed to reassess your status.
Find out more about how universities assess fee status
Additional course costs
As well as tuition fees and living expenses, some courses may require you to cover the cost of field trips or costs associated with travel abroad.
For departmental specific costs, please see the Modules tab on the course web page for the list of core and optional core modules with hyperlinks to our Module Catalogue (please visit the Department’s website if the Module Catalogue hyperlinks are not provided).
Associated costs can be found on the Study tab for each module listed in the Module Catalogue (please note most of the module content applies to 2025/26 year of study). Information about module department specific costs should be considered in conjunction with the more general costs below:
- Core text books
- Printer credits
- Dissertation binding
- Robe hire for your degree ceremony
Scholarships and bursaries
Scholarships and financial support
Find out about the different funding routes available, including; postgraduate loans, scholarships, fee awards and academic department bursaries.
Living costs
Find out more about the cost of living as a postgraduate student at the University of Warwick.
Find out how to apply to us, ask your questions, and find out more.
How to apply
Applications to our Economics Diploma plus MSc programmes typically open in October and close in June.
How to apply for a postgraduate taught course
After you’ve applied
Find out how we process your application.
Applicant Portal
Track your application and update your details.
Admissions statement
See Warwick’s postgraduate admissions policy.
Join a live chat
Ask questions and engage with Warwick.
Explore ways to connect with us
We understand how important it is to visit and explore your future university before you apply. That's why we have put together a range of online and in-person options to help you discover more about your course, visit campus, and get a sense of postgraduate life at Warwick. Our events offer includes:
- Warwick hosted events
- Postgraduate Fairs
- Live chats
- Talk and Tours
- Department events