Founded in 1965, the Department of Economics at Warwick University has a rich history and an impressive reputation. Beginning with Professor Dick Sargent's vision of creating a department that emphasises quantitative methods training, a feature that sets Warwick's economics apart, the department is now one of the largest and most successful in the UK, with over 2,000 students enrolled.
Warwick offers MSc economics courses in various specialised areas such as international financial economics, behavioural and economic science, and finance and economics for those looking to advance their studies. And if you dream of becoming an economics researcher, the MRes/PhD programme is designed to provide top-notch training.
Learn more about why the University of Warwick is the perfect place to boost your economics career below. If you want to study economics in the UK, enquire today.
Why Study Economics at the University of Warwick?
Whether pursuing a BSc in Economics or a BSc/BA in Economics, Politics, and International Studies, Warwick has a programme to suit your interests. Learn more about studying economics at Warwick below.
1. In-depth course curriculum
The in-depth course curriculum is one great reason to study economics at the University of Warwick. They offer many exciting subjects that will help you become a well-rounded economist. You'll dive into essential topics like macroeconomics, which looks at big-picture economics, and Quantitative Techniques to sharpen your analytical skills.
You'll explore the history and theory of the world economy in The World Economy: History and Theory and get hands-on with data analysis in Econometrics. But it doesn't stop there! You can also study fascinating areas like behavioural economics, development economics, and even environmental economics, where you'll learn how economics and the environment are connected.
If you're interested in finance, options like financial economics, investment, money, and banking exist. And for those who love strategic thinking, Game Theory is on the menu. These are just a few fantastic subjects you'll explore, making your economics journey at Warwick truly comprehensive and enriching.
2. Ranking and reputation
The University of Warwick has a stellar reputation in the world of economics. It's a top choice for students looking for a high-quality education and a promising future. Here are some impressive rankings and achievements:
- First in the UK: According to the Times Good University Guide 2024, the Department of Economics at Warwick is ranked 1st, showing its excellence in education.
- Global Recognition: The QS World University Rankings 2023 placed Warwick at 22nd in the world for economics and econometrics, reflecting its international reputation.
- Highly Rated: The CUG 2024 ranked Warwick 4th in the UK, highlighting its consistent academic excellence.
- Satisfied Students: The department has consistently scored well in student satisfaction surveys. In the National Student Survey (NSS) 2023, 89% of undergraduates would recommend their course, while 91% of postgraduate students reported satisfaction in the Postgraduate Taught Experience Survey (PTES) 2023.
- Leading in Research: Warwick's Department of Economics is a research powerhouse, ranked 2nd in the UK for research excellence in the most recent Research Excellence Framework (2021). An impressive 99% of their research received top ratings.
- Global Research Impact: In the Tilburg University Worldwide Economics Schools Research Rankings (2016-2020), Warwick was ranked 3rd in Europe, reflecting its significant research contributions.
- Excellent Graduate Outcomes: Many economics graduates from Warwick find themselves in graduate-level work or study within 15 months of course completion, making Warwick a great choice for your future.
With Warwick's strong reputation, you're in good hands for a successful academic journey and career in economics.
- Led by experienced faculty
The Department of Economics at the University of Warwick is led by a team of experienced faculty members, each specialising in various fields of economics. Here's a glimpse of their expertise:
- Lory Barile: Focuses on experimental and behavioural economics, political economy, and the influence of human behaviour on climate change.
- Subhasish Dey: Specialises in applied microeconomics, development economics, and social protection and policy evaluation.
- Darina Dintcheva: Excels in mechanism design, political economy, and economics of privacy.
- Amira Elasra: Expert in education economics, labour economics, and applied microeconomics.
- Atisha Ghosh: Delves into international migration, public economics, labor economics, and political economy.
This diverse faculty ensures that students receive comprehensive and specialised guidance in various areas of economics, offering a well-rounded educational experience.
3. Placements and internship opportunities
Warwick's economics courses provide excellent placement and internship opportunities, fostering practical experience and career growth. Students have access to a vast network of industry connections, enabling them to secure valuable internships and placements. These experiences are a vital bridge between classroom learning and real-world economics, enhancing skills and employability. The university's strong ties with various organisations and its dedicated career services ensure students receive guidance and support throughout their placements.
Economics programmes at Warwick University hold high accreditation standards, ensuring the quality of education and research. The university maintains rigorous academic and ethical standards to provide students with a comprehensive and credible learning experience.
5. Variety of scholarships
Economics students at the University of Warwick can access many scholarship and funding opportunities. The ESRC DTP provides financial support, covering tuition fees and offering maintenance stipends. Exceptional overseas PhD applicants can pursue the prestigious Chancellors International Scholarships.
The Alan Turing Institute (ATI) Enrichment Scheme offers students opportunities to enhance their research and receive stipend top-ups and travel allowances. China Scholarship Council (CSC)/University of Warwick Scholarships are available, including coverage of academic fees, maintenance stipends, and international flights.
Additionally, the Department of Economics at Warwick supports students with research-related expenses, from attending conferences to acquiring data. These financial options make pursuing economics at Warwick academically enriching and financially accessible.
6. Great facilities
Warwick University is dedicated to providing an inclusive and thriving community. They continually enhance their campus to create a welcoming and enriching environment. Recent developments include the National Automotive Innovation Centre, which focuses on sustainable technology, and the highly energy-efficient Mathematical Sciences Building, supporting mathematics and computer science research.
The Sports and Wellness Hub, open to all, offers top-notch facilities. Future projects include the Warwick Arts Centre 20:20 refurbishment, an Interdisciplinary Biomedical Research Building, and more sustainable initiatives to enrich every aspect of campus life. Warwick is committed to providing a vibrant, forward-looking space for learning and research.
Warwick University offers diverse accommodation options to suit various budgets and preferences. All residences provide exceptional features and services for an outstanding campus living experience. Choices include en suite rooms in Arthur Vick, Bluebell, Cryfield Apartments, and more. Claycroft and Cryfield Standard offer shared bathrooms. Various locations cater to students' needs, from Lakeside Village to Central Campus, ensuring comfortable and well-equipped living spaces.
Warwick University Library is a fantastic place for students to find books, study, and do research. It's an extensive and modern library with lots of helpful resources. You can borrow books, use computers, and access online study materials. There are quiet areas for focused work and group spaces for collaborative projects. The library staff are friendly and can assist you in finding the information you need. It's a great place to enhance your learning and get all the support you require for your academic journey.
Entry Requirements and Tuition Fee
The entry requirements for Warwick's bachelor's in economics are demanding. They typically seek AAA in A-levels, with an A* in Mathematics. Additionally, a grade 6/B in GCSE English Language is required. International Baccalaureate (IB) applicants should aim for a score of 39, with 6, 6, 6 in three Higher Level subjects, including Higher Level Mathematics.
Tuition fees vary: Band 1 for classroom-based courses, including most Social Science courses, costs £24,800 per year, while Band 2, including Economics, costs £31,620 per year.
For masters in economics, a 2:1 undergraduate degree or its equivalent is necessary, with a strong focus on economics, especially in microeconomics, macroeconomics, and econometrics. These requirements ensure that students are well-prepared for the rigours of the programme.
Study an Economics Degree at Warwick
If you have any questions or would like to begin your application, arrange a free consultation with SI-UK today.
Economics at Warwick FAQ
What research opportunities are available for economics students at Warwick University?
Warwick University offers excellent research opportunities for economics students, allowing them to work with top professors and contribute to cutting-edge projects.
What internships or work experiences can economics students undertake?
Economics students at Warwick can access a wide range of internships and work experiences, both on and off-campus, helping them gain practical skills.
What are the career support and placement services for economics graduates at Warwick?
The university provides robust career support and placement services for economics graduates. They have a strong track record of helping students secure desirable job placements.
What is Warwick University best known for?
Warwick University is best known for its strong economics and business programmes, world-class research, and diverse international student community.
Are scholarships or financial aid available for Indian students at Warwick?
Yes, scholarships in the UK for Indian students at Warwick University are available. They offer various funding options; Indian students can explore scholarships specifically designed for them.
How is campus life for international students from India at Warwick University?
Campus life at Warwick University is vibrant and welcoming for international students from India. There are student clubs, cultural events, and support services to help them adapt and thrive.