Master of Science in Applied Economics
The Master of Science in Applied Economics (MScAEcon) programme provides an in-depth understanding of the economic mechanism of our economy. This enables our graduates to make right decisions for business enterprises, public organisations as well as individuals in view of the drastic changes in the world economy. The programme is designed to maintain a well-balance between advanced theoretical coverage and applied economic analyses of the real world. Its objective is to train competent economic analysts in government, NGOs, financial institutions, and other major corporations.
This programme aims at ensuring our graduates:
- to acquire advanced knowledge of economic theories
- to study China's economic institutions and development from an international perspective
- to apply sophisticated techniques in analysing real world issues
The programme's Learning Goals are listed below:
- Students will acquire advanced knowledge for analysing economic issues
- Students will enhance their understanding of the economic behaviour of various agents and institutions in the economy
- Students will apply advanced theories to analyse real world problems
- Students will relate economic theories and empirical methods of data analyses to the applied research of economic issues
This MSc in Applied Economics Programme (MScAEcon) provides rigorous training in Western economic theories. The programme is designed to maintain a well-balance between advanced theoretical models and applied training in economic analyses of the real world, especially the Chinese economy. Students will be trained to become competent applied economists in various government and private sectors. The training also enables ambitious graduates to pursue doctoral studies in local and overseas universities.
MScAEcon is made up of courses oriented toward three core elements: advanced theories, applied analyses, and the Chinese economy. Students are required to take 10 courses, of which five are compulsory courses and five are elective courses. The medium of instruction is English. Students are expected to finish the programme in one year.
Announcements (June, 2014)
Top MScAEcon graduate gets full financial support from famous US university
Mr. CHUNG Wing Yin, a 2013 graduate of MSc in Applied Economics, will leave for USA this summer to pursue PhD study in Economics at Clemson University, USA with 100% tuition waiver and full financial aid.
Among all the 3 batches of graduates, together with Mr. CHUNG, the MSc in Applied Economics programme currently has 5 graduates studying PhD in universities around the world:
- 2 graduates in Hong Kong Baptist University (Full financial supports)
- 1 graduate in Chinese University of Hong Kong (Full financial support)
- 1 graduate in Peking University
- 1 graduate in Clemson University, US (Tuition waiver and full financial support).
The overall scholastic record and potential of the applicant for admission is more important than prior preparation in specific areas of economics. While undergraduate specialization in economics is desirable, the programme is open to students whose undergraduate degree has been in other fields. In general, applicants should possess:
- a good bachelor's degree from a recognised university, or equivalent. Although a bachelor's degree in economics or related areas is not a pre-requisite for admission, the applicant is expected to possess the knowledge of microeconomics and macroeconomics, with some training in mathematics (especially in calculus and linear algebra) and statistics. All students will be required to attend bridging courses.
- proof of English proficiency (for applicants whose first degree were obtained from non-English-medium institutions). This can be fulfilled by obtaining
- a minimum TOEFL score of 79 (internet-based test, 86 or above preferred); OR
- a minimum of 6.5 in IELTS; OR
- other equivalent qualifications
On top of academic performance, applicants are encouraged to take the Graduate Record Examinations (GRE) or the Graduate Management Admission Test (GMAT). Although the results of GRE and GMAT are not required, a satisfactory score in either GRE or GMAT is helpful in getting admission and scholarship.
Tuition Fee and Scholarship
- The tuition fee is HK$ 144,000, payable in two equal installments, for 2015 September intake.
- Depending on financial availability, several full or half entrance scholarships may be offered each year for the most outstanding applicants during admission. Applicants who want to be considered for entrance scholarships must submit all supporting documents on or before 28 February 2016.
- Several merit-based award will be given to the most outstanding students in the MScAEcon programme at the time of graduation.
Last updated November 3, 2015