The Master of Research (MRes) in Economics offered by the School of Economics and Finance (SEF) is a research-oriented postgraduate programme for students who already hold an MSc in economics or a related field and who may wish to progress to doctoral study at Queen Mary (or elsewhere). Students build on their postgraduate training by completing two PhD-level module sequences in macroeconomics, microeconomics, econometrics, or financial economics (required for MRes Finance); covering core theories and methods as well as areas of active research in the School. Students also conduct original research to fulfil the substantial dissertation component of the degree, which can form the basis of later doctoral work.
The MRes can be pursued as a stand-alone degree or as the first year of a planned PhD, and when appropriate a conditional offer of admission to the doctoral programme will be made. Generous financial assistance is available for candidates with demonstrated potential for a successful research career.
Why join the MRes programme in the School of Economics and Finance at Queen Mary?
The School of Economics and Finance is one of the UK's leading departments, ranked jointly sixth in the UK for overall research quality.
The breadth and depth of our expertise enables us to offer courses and supervision in virtually all major areas of economics and finance. The School has more than 35 research-active staff working in a wide range of research areas, including macroeconomics, microeconomic theory and game theory, applied microeconomics, econometric theory, time series analysis, theoretical and empirical finance, and financial econometrics. Staff members typically publish in the leading economics and finance journals, with publications over the 2014 Research Excellence Framework period in journals including Econometrica, the American Economic Review, the Review of Economic Studies, the Journal of Political Economy, the Journal of Econometrics, the Journal of Finance, and many others. Individual members of staff also have active collaborations with various governmental and non-governmental agencies, including the UK Treasury, the Bank of England, the World Bank, the Inter-American Development Bank, OECD, and ILO.
The School ranked 10th in the UK for research power in the latest Research Excellence Framework (REF 2014).
MRes students have access to office space (hot-desking) and to extensive computing resource with mathematical, statistical and real-time trading software (Eviews, Stata, Matlab, Gauss, Reuters, Bloomberg, TWS, FXCM), and a full range of economic and financial data services (DataStream, Macrobond, Bankscope, CRSP).
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Tel: +44 20 7882 7298
The MRes Finance requires one year of full-time study.
In Semester 1, MRes students register for two one of the following 30-credit modules:
- ECOM083 Topics in Macroeconomics
- ECOM084 Topics in Microeconomics
- ECOM085 Topics in Econometrics
- ECOM086 Topics in Financial Economics
For MRes Finance students ECOM086 Topics in Financial Economics is a compulsory module.
In Semester 2, MRes students register for two of the following 15-credit option modules:
- ECOM110 Advanced Topics in Econometrics
- ECOM112 Advanced Topics in Macroeconomics
- ECOM113 Advanced Topics in Microeconomics
- ECOM111 Advanced Topics in Financial Economics
For MRes Finance students ECOM111 Advanced Topics in Financial Economics is a compulsory module.
During Semester 2 and the Summer Recess students complete a 90-credit dissertation (approximately 15,000 words) under the supervision of a member of academic staff. The dissertation is submitted in August of the year following entry to the programme, and can form the basis of later doctoral work.
In total students earn 60+30+90=180 credits over the course of the MRes programme.
Tel: +44 (0)20 7882 7298
Students admitted to the MRes Economics programme will normally have achieved high marks on a postgraduate degree in economics or a related field comparable to SEF's MSc Economics in terms of content and quality. In particular, they should have a thorough knowledge of MSc-level macroeconomics, microeconomics, and econometrics. A good knowledge of topics in mathematics and statistical theory relevant to economics.
Please note that applicants to the PhD programme are automatically re-routed to the MRes Economics or MRes Finance (as appropriate) unless they already hold a comparable post-MSc qualification.
Applications for admission should include an application form, full transcripts (showing marks for individual courses) from all undergraduate and postgraduate degrees, GRE results (obtained in last five years), contact details of two referees who can assess your academic potential, and a research proposal of no more than 1000 words.
No additional application material is needed to be considered for financial support but explicit reference should be made on the application if financial support is sought.
Students from outside of the UK help form a global community here at Queen Mary. For detailed country specific entry requirements please visit the International section of our website. If your first language is not English, you must provide evidence of your English language proficiency. You can find details on our English language entry requirements here.
If you are unable to find the information you require, please contact the Admissions Office for assistance.
Learning and teaching
Teaching is by a combination of lectures and seminar-style instruction that may involve student presentations or open discussion. For the dissertation component of the programme, you will be assigned an individual supervisor who will guide your progress and provide feedback.
To complement your studies, there is a range of seminars and reading groups organised by the School that MRes and PhD students are strongly encouraged to attend.
For every hour spent in classes you will be expected to devote additional hours to independent study. Your individual study time could be spent preparing for or following up on formal study sessions, reading, producing written work, or revising for examinations. We expect you to take an active role in your own learning by reading widely and expanding your own knowledge and abilities.
Taught modules are assessed through a combination of coursework and examinations, which take place either during term or in the designated examination period at the end of the academic year.
The MRes Dissertation module is assessed by your dissertation supervisor together with a second reader.
Tuition fees for Home and EU students
2018/19 Academic Year
Full time £11,650
Tuition fees for International students
2018/19 Academic Year
Full time £17,800
There are a number of sources of funding available for Masters students.
These include a significant package of competitive Queen Mary University of London (QMUL) bursaries and scholarships in a range of subject areas, as well as external sources of funding.
Queen Mary bursaries and scholarships
We offer a range of bursaries and scholarships for Masters students including competitive scholarships, bursaries and awards, some of which are for applicants studying specific subjects.
Find out more about QMUL bursaries and scholarships.
Alternative sources of funding
Home/EU students can apply for a range of other funding, such as Professional and Career Development Loans, and Employer Sponsorship, depending on their circumstances and the specific programme of study.
Overseas students may be eligible to apply for a range of external scholarships and we also provide information about relevant funding providers in your home country on our country web pages.
Download our Postgraduate Funding Guide [PDF] for detailed information about postgraduate funding options for Home/EU students.
Tel: +44 (0)20 7882 5079
Other financial help on offer at Queen Mary
We offer one to one specialist support on all financial and welfare issues through our Advice and Counselling Service, which you can access as soon as you have applied for a place at Queen Mary.
Our Advice and Counselling Service also has lots of Student Advice Guides on all aspects of finance including:
Tel: +44 (0)20 7882 8717
Excellent career opportunities are open to our MRes students. MRes students will be qualified for research careers in both the private and the public sector or embark on a PhD to further complement their training.