Behavioural and Economic Science MSc combines multidisciplinary expertise from the departments of Psychology, Economics and Warwick Business School. Warwick's Psychology department, ranked 44th in the world, allows you to focus on the cognitive science of judgement and decision making.
This innovative course in the growing area of decision science and behavioural economics combines multidisciplinary expertise from the Department of Psychology, Department of Economics and Warwick Business School (WBS). The course emphasises both theoretical foundations and real-world application of core and advanced areas of behavioural economics, and the cognitive science of judgement and decision making. The Psychology variant of the course is designed for students with a first degree in Science.
An Economics track variant of the course is offered by the Department of Economics and is available if you have a first degree in Economics.
We are making some exciting changes to our Behavioural and Economic Science MSc for 2020-21 entry. The core and optional modules for this degree are currently undergoing approval through the University’s rigorous academic processes. As modules are approved, they will be published here, so please revisit this page. It is therefore very important that you check this webpage for the latest information before you apply and prior to accepting an offer.
Please check this webpage for the latest information before you apply and prior to accepting an offer.
Previously, core modules have included:
- Experimental Economics
- Behavioural Economics
- Behavioural Microeconomics
- Principles of Cognition
- Psychological Models of Choice
- Behavioural Change: Nudging and Persuasion
- Issues in Psychological Science
- Methods and Analysis in Behavioural Science
- Behavioural and Economic Science Project
You will have a combination of lectures, seminars and practical classes or workshops. Lectures introduce you to a particular topic, seminars build on that knowledge and workshops and practical classes allow you to put what you are learning into practice. Seminars, practical classes and workshops are smaller groups than lectures giving access to tutors to help you put into practice what you are learning.
Teaching occurs throughout the week, with an average of 8-12 hours of lectures and 5-7 hours of practical classes or seminars per week. You will also have meeting with your personal tutor at intervals throughout your course.
We typically assess modules through a mix of assessment types, which include worksheets, essays, research reports, modelling and data analysis, class tests, exams, and presentations.
Skills from this degree
- Gain a deeper understand of how and why people make the choices they do
- Learn how influencing such choices is important across a variety of domains, from public policy (e.g., encouraging people to save for pensions), through industry (e.g., how to place a new product in the market), to individual behaviour (e.g., why people drink and eat too much).
- Develop a theoretical understanding of key models and results in behavioural economics and judgment and decision making
- Design, conduct and analyse behavioural experiments
- Implement models of choice
- Access and analyse large-scale datasets
- Initiate economic enquiry and test economic models
- Assess and deploy potential behavioural interventions
Minimum requirements 2:i undergraduate degree (or equivalent) in a related subject
English language requirements Band B
IELTS overall score of 7.0, minimum component scores of two at 6.0/6.5 and the rest at 7.0 or above
We welcome applications from students with other internationally recognised qualifications. For more information please visit the international entry requirements page.
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.
Graduate Award Scheme 2020
We want to reward our loyal students and graduates of Warwick during a time like no other. We are introducing our prestigious Warwick Graduate Award Scheme for 2020 entry. You could be eligible for 50% off tuition fees. You will be automatically considered if you apply and accept your place by 31 July 2020.
Whilst there are no set additional costs, there is the opportunity to attend a number of events whilst on your course, and some of these may have a small change associated.
For up-to-date information concerning fees, funding and scholarships for Home/EU and Overseas students please visit Warwick's Fees and Funding webpage.
Graduates from this course have gone on to work in areas including: Decision Technology, the Commonwealth Bank, Bursara Center, and Behavioural Insights Team.
Our department has a dedicated professionally qualified Senior Careers Consultant offering impartial advice and guidance together with workshops and events throughout the year. We also encourage students to attend a number of networking events and hold a series of workshops which have previously included topics such as: Careers in Behavioural Science, Applying for Ph.D.s in the behavioural science.
There are a number of different ways to visit the University of Warwick throughout the year. We host bespoke PG visits, where you can talk directly with your chosen department and explore our campus through a personalised tour. Some departments also host their own events and open days, where you can learn more about your department or course of study. To find out more about all of these opportunities, visit our Postgraduate Visits page.