Are you planning to pursue a Master's in Economics abroad? If yes, indeed, it is a great academic decision. So, let's discuss the best places to study a master's degree in Economics, work opportunities post-completion of the course and other interesting information.

Key Highlights

• Reasons to study master's in Economics abroad
• Best places to study abroad for Economics

v  The United Kingdom

v  The United States of America

v  Canada

v  Italy

v  Germany

• Work opportunities

Reasons to do post-graduation in economics abroad

Studying Economics abroad will give you a golden chance to gain an insight into how economies of different nations work, understanding the complexities of economic decisions and their impact on society. Exposure to world-class faculty, work opportunities with top companies, higheer earning potential and experiencing a new culture are some additional benefits of completing a master's in Economics abroad.

Best places to study abroad - for Economics

The top 5 countries for studying MA, MS, and M.Com and other post-graduation degrees in Economics are as follows:  

The United Kingdom (UK): The UK is one of the world's oldest and leading economic centres. Notable UK universities offer a one-year postgraduate course in Economics with specialisation in the field of Econometrics, Financial Economics, Macro and Microeconomics. As per a recent study, "65% of the students holding Masters in Economics in the UK get employment within six months of course completion." So, if you are also interested in pursuing a postgraduate degree in Economics, consider these top 5 universities:

• Oxford University
• University of Cambridge
• London School of Economics and Political Science
• Imperial College London
• University of Warwick

Kindly note that you can easily avail a loan for education once you get admission at reputed universities for a Master’s in Economics degree.

The United States of America (USA):  A Master's in Economics is a 1-2 year program with top US colleges and universities offering specialisations in fields like Financial Economics, International Economics, Industrial Economics, and Game Theory, to name a few. As per the US Bureau of Labour Statistics, the employment opportunities in the Economics stream are projected to reach 22,800 by 2028. The top universities for pursuing post-graduation in Economics in the USA are:

• Massachusetts Institute of Technology, USA

• University of California, Berkeley (UCB)
• Harvard University
• Stanford University
• Princeton University

Canada: In Canada, a Master's in Economics is a 1-2 year program available as a Master of Science (MS) and Master of Arts (MA). The presence of top universities of the world, exposure to advanced knowledge, globally acclaimed courses and over 19,800 emerging job opportunities for Economists in Canada are some factors that make Economics one of the most sought-after subjects in the UK. For studying Economics, you can choose from these universities:

• University of Toronto
• University of British Columbia
• McGill University, Montreal
• University of Alberta, Edmonton
• University of Calgary, Calgary

Italy: The presence of prestigious universities offering an array of master's programs is one of the most influential factors attracting international students to study Economics in Italy. The curriculum of postgraduate courses provides in-depth knowledge of how to analyse the economy and the latest economic trends through lectures and seminars and prepares students for various job roles in different industries. The best universities for pursuing a Master's degree in Economics are:

• Sant’ Anna School of Advanced Studies
• Politecnico di Milano
• University of Siena
• Bocconi University
• University of Padua

Germany: The top public universities with low to no tuition fees, a majority of specialisation options to choose from for pursuing an MS or MA and the growing economy creating exemplary job opportunities for Economists make Germany an excellent destination for pursuing post graduation degree in Economics. The premier German universities offering a Master's degree in Economics are as follows:

• University of Munich
• University of Bonn
• Heidelberg University
• University of Göttingen.
• University of Mannheim

Work Opportunities

You might want to know which country offers the best job opportunities after completing a post-graduation in economics. So, the answer is that you can work anywhere in the world. You can explore job opportunities in areas such as scientific research and development, policy-making, consulting services and finance & insurance, to name a few.

 Students can easily explore popular career options such as:

• Market Research Analyst
• Economist
• Risk Analyst
• Financial Analyst
• Data Analyst
• Statistic Manager
• Survey Researcher
• Policy Analyst

So, now you have all the information to pursue post-graduation in Economics. You can start planning your academic journey. Contact Avanse Financial Services if you are planning to take an education loan. You can even use an EMI Calculator for Education Loan to get a fair idea about the loan EMI to plan your finances accordingly. So, feel free to connect with us today!