University of Warwick

UK
30 Scholarships 166 Programs 3 Degree levels
Masters

MSc Behavioural Economics (updates)

Offered at University of Warwick, UK
DegreeMasters
FieldBehavioural Economics

The MSc Behavioural Economics at the University of Warwick is a master's programme that combines economic theory with insights from psychology and experimental methods to explain and predict real-world decision making. It suits graduates with quantitative skills who want to work in policy, consultancy, industry or continue to doctoral research in behavioural science.

What you'll study

This programme blends core economic theory with psychological models of choice, empirical methods and experimental techniques. Teaching typically comprises compulsory core modules that establish foundations in decision theory, behavioural economics and applied econometrics, alongside practical training in experimental design, data analysis and programming. You will also choose from optional modules that can include topics such as game theory, neuroeconomics, field experiments, market design and behavioural public policy.

The degree normally involves a combination of lectures, seminars, hands-on lab sessions and group work, culminating in an independent dissertation or research project supervised by academic staff. Practical components emphasise the use of statistical software (for example R or Python), experimental platforms and causal inference methods to analyse behaviour in laboratory and field settings.

  • Core topics: behavioural decision theory, experimental methods, applied econometrics/statistics for causal inference.
  • Typical options: game theory and strategic interaction, neuroeconomics, behavioural public policy, field experiments, market design, behavioural finance.
  • Research project: independent dissertation based on original empirical or experimental research under faculty supervision.

Entry requirements

Applicants are expected to have a strong undergraduate degree in economics, psychology, mathematics, statistics, or a related social science. Successful candidates typically hold a high upper-second class honours degree (2:1) or an international equivalent and can demonstrate quantitative competence through prior coursework in mathematics, statistics, or econometrics.

Where applicants come from less quantitative backgrounds, admissions may require evidence of quantitative training or completion of preparatory courses. Applicants whose first language is not English must meet the university's English language proficiency requirements. Admissions tutors will assess personal statements, academic transcripts and references; relevant research experience or evidence of programming/data analysis skills strengthens an application.

Career prospects

Graduates of the MSc Behavioural Economics go on to careers across the public, private and third sectors. Common pathways include roles in government and behavioural insights teams, consultancy and strategy firms, market research and consumer analytics, product and behavioural design in technology companies, and financial services. The programme also prepares students for further academic study and PhD programmes in economics, behavioural science or related disciplines.

Alumni typically take positions that draw on both quantitative analysis and behavioural insight, such as data scientist/analyst roles with a behavioural focus, policy analyst in public-sector behavioural units, research posts in non-governmental organisations, or research assistantships that feed into longer-term academic careers.

Why study at University of Warwick

Warwick combines a strong economics tradition with an active community of behavioural researchers and close links to Warwick Business School, offering interdisciplinary teaching and supervision. Students benefit from access to dedicated experimental and behavioural research facilities, regular seminars and workshops that bring together academics, policy makers and practitioners, and opportunities to collaborate on live projects.

The department's emphasis on rigorous empirical methods and experimental practice gives students practical, career-relevant skills valued by employers and research programmes. Small-group teaching, research-led supervision and a campus-based learning environment provide a supportive setting to develop applied research projects and professional networks in behavioural science.

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Programme details are indicative and may change — always verify current information with the official university website before applying.