About This Course
1 year Full-time; 2 years Part-time
Full-time. See Additional Teaching Mode Information for more info.
EU Fees 2021
€10,630; €5,380 (Year 1 Part-time); €5,380 (Year 2 Part-time)
See Fees and Costs for full details.
Non-EU Fees 2021
See Requirements for full details.
Open for EU applications, check rounds closing dates under How to Apply
Non-EU Closing Date
13 September 2021
The MSc Business Economics is an integrated course applying economics to the business environment. Designed in consultation with leaders from the business community and public sector organisations, this unique course equips you with the key skills for career development in the ever-changing business world. It also provides a good foundation for those interested in undertaking further study at PhD, DBA or professional development level.
This is a research-orientated course, which is both theoretically grounded and evidence-based. The focus is on analysing, understanding and explaining business performance in a competitive environment.
The MSc Business Economics course is unique to UCC, incorporating both taught courses and action research, and using economic theory and analysis explicitly applied to business. Through the focused taught courses and conducting your own research, you learn how to explain and apply core theories, empirical methods and a range of analytical tools that are relevant and transferable to a range of fundamental business issues. The use of workshops, discussion groups, visiting speakers and lectures guide student learning and allow you to explore fundamental business issues.
A portfolio of skills required to support business analysis and managerial decision-making is developed, including communication skills (written and oral), analytical and evaluation skills and team-working skills. Our market research has indicated that such skills are very highly rated by employers.
The course places emphasis on:
- the preparation and presentation of quality business reports
- techniques of data analysis that include forecasting and scenario analysis and survey analysis
- team-working for assignments to enhance interpersonal relationships
- a problem-solving approach using case studies
The programme for the degree of MSc consists of two parts as set out below. Part I consists of a combination of examinations and coursework in a set of specified taught modules to the value of 60 credits. Part II consists of researching and writing a business economics report to the value of 30 credits.
- EC6617 Professional Business Skills
- EC6619 Scenario Planning for Strategic Decision-Making
- EC6620 Research Methods for Business Economics
- EC6621 Economics of Business Strategy
- EC6622 Business Relationships and Business Strategy
- EC6623 Analysing General Business Conditions
- EC6624 Macroeconomic Data Analysis for Strategic Decision-Making
- EC6625 Financial Economics and Business Strategy
- EC6626 Corporate Treasury Management
- EC6627 Fieldwork Methods for Business
- EC6628 Analysis of Business Survey Data
- EC6618 Business Economics Report (the BER)
Further details on the content and modules are available on the College Calendar.
Additional Teaching Mode Information
The part-time option will be taught during weekday working hours over 2 years.
Further details on the modules listed above can be found in our book of modules. Any modules listed above are indicative of the current set of modules for this course but are subject to change from year to year.
You can find the full academic content for the current year of any given course in our University Calendar.
The course consists of approximately 12 hours of lectures/workshops a week, excluding visiting speaker seminars and time that you must set aside for group work and assignment preparation.
It culminates in the writing of a business economic report, an application of concepts and frameworks to an actual business situation — the key is translating learning into practice. An external business advisor provides guidance and advice to ensure the relevance and effectiveness of skills developed during the course.
The course is assessed by a combination of exams and coursework. Approximately 45% of the course is assessed by coursework, including presentations, written reports, in-class assessments and group work.
The MSc Business Economics has a dedicated course teaching team drawn from the School of Economics. Seminars are provided by visiting speakers from public and private sector organisations.
You can search UCC's Institutional Research Information System for staff profiles.
Why Choose This Course
This innovative course aims to develop your skills for employment as a business or strategic analyst as well as providing foundations for undertaking further study. The focus of the course is on increasing your understanding of the reasons underlying firm performance and competitiveness. Experience at writing a business economics report is a significant feature of the course as it develops research skills and strengthens presentation skills, which are highly rated by employers. Strong emphasis is placed on employment and career search through workshops on interview techniques, skills analysis, CV presentation and job applications.
The quality of the course can be gauged from the fact that in both 2010 and 2011, an MSc Business Economics student won the Accenture Leader of Tomorrow Award. The Accenture award is open to all final-year and postgraduate students from across Ireland, and aims to identify innovative and entrepreneurial young talent in order to foster Ireland’s next generation of leaders.
Skills and Careers Information
Skills developed on the MSc course include:
- leadership, organisational, interpersonal and team-working skills
- working to deadlines in producing analyses, reports and presentations to professional standards
- ability to interpret economic data and events
- ability to explain complex issues to non-specialists
- application of economic tools and concepts to the business world
- research project design, implementation and management
The course has an excellent employment track record and every year, our graduates pursue challenging careers in the private and public sectors. MSc graduates have obtained employment in a wide range of areas at home and abroad, including management consulting, the financial and banking sectors, private sector, public sector, research institutes, and the education sector.
Minimum Second Class Honours Grade II in a primary honours degree (NFQ, Level 8) or equivalent. Note that there is NO requirement for Economics or Business subjects to be part of the primary degree.
Consideration under Recognition of Prior Learning (RPL) will be given to applicants not meeting the above criteria (i.e. no primary degree) but with extensive relevant professional experience, as deemed appropriate by the Head of Economics in consultation with the Programme Director, subject to the approval of the School of Business.
English Language Requirements
Applicants that are non-native speakers of the English language must meet the university approved English language requirements available here.
For applicants with qualifications completed outside of Ireland
Applicants must meet the required entry academic grade, equivalent to Irish requirements, please find our grades comparison by country here.
For full details of the non-EU application procedure please visit our how to apply pages for international students. In UCC, we use the term programme and course interchangeably to describe what a person has registered to study in UCC and its constituent colleges, schools, and departments.
Not all courses are open to international/non-EU applicants, please check the fact file above.
For more information please contact the International Office.
Fees and Costs
The EU fee for this course is €10,630; €5,380 (Year 1 Part-time); €5,380 (Year 2 Part-time).
The Non-EU fee for this course is €18,130.
If your course required a deposit, that figure will be deducted from your second semester fee payment in January.
EU student fee payment:
Fees for EU students are payable in two equal instalments. First payment at registration in August and the second in January.
International student fee payment:
Fees for Non-EU Students are payable in one instalment in August.
How can I pay?
By Credit/Debit card online or by credit transfer.
If you have any questions on fee payment please email our Fees Office at email@example.com .
The fee schedule for 2019/2020 is available here.
How Do I Apply
1. Choose Course
Firstly choose your course. Applicants can apply for up to two courses under one application. Details of taught courses are available on our online prospectus.
2. Apply Online
Once you have chosen your course you can apply online at the online application portal. Applicants will need to apply before the course closing date. There is a non-refundable €50 application fee for all courses apart from the Education - Professional Master of Education - (Secondary School/Post-Primary Teacher Training) which has a €100 application fee.
Applicants for the Postgraduate Diploma in Public Health Nursing must apply on the PAC website when the programme opens for applications.
3. Gather Supporting Documents
Scanned copies of the following documents will need to be uploaded to the online application portal in support of your application. Applicants may need to produce the original documents if you are accepted onto a course and register at UCC.
- Original qualification documents listed on your application including transcripts of results from institutions other than UCC
- Any supplementary items requested for your course.
Please log into the online application portal for more details.
4. Application processing timeline
Our online application portal opens for applications for most courses in early November of each year. Check specific course details.
For courses that are in the rounds system (Irish and EU applicants), please check the rounds closing dates here.
Questions on how to apply?
Please use our web enquiry form to contact us.
Additional Requirements (All Applicants)
Please note you will be required to provide additional information as part of the online application process for this programme. This will include the following question:
You may enter the details of professional or voluntary positions held. We strongly encourage you to complete this section with all relevant work experiences that will support your application.
The closing date for non-EU applications is 30 JuneApply Now