About Behavioural Economics In Action Msc in Middlesex University

Over the past decade, techniques in behavioural economics have been applied by a large number of private and public sector organisations ranging from Coca-Cola, Google and Visa to the Bank of England, Oxfam and the NHS. Concepts from behavioural economics are widely used in areas including marketing, organ donor framing and incentives to save or spend. There seems to be no aspect of life in which applications from behavioural economics are not relevant.

Why study MSc Behavioural Economics in Action at Middlesex University?

This course is highly relevant to individuals from policy making and management backgrounds in the public and private sectors, as well as graduates from a range of backgrounds including anthropology, business, economics, finance, political science, psychology, sociology, neuroscience, maths and physics. The tools and techniques we teach, particularly the design of experiments including spatial randomization and clustering, are in great demand in organisations that seek to understand customer and consumer behaviour.

Our economics department has the largest group of academics working in the field of behavioural economics in London, holds regular seminars and talks from visiting researchers and has a network of international collaborators from all over the world. This high level of collaboration and exchange of knowledge means you benefit from being part of a highly active department, as well as participating in practical learning as you develop the skills to design, run and interpret trails and experiments with academics, other institutions and international labs.

Course highlights

• High level of engagement with experiments including the design, running and interpretation of trials with an emphasis on education, health, marketing and voting
• Be part of a highly active department which host regular seminars and welcomes research visitors
• The department has a dedicated Behavioural Economics Group (BEC), who run experiments in both the lab and the field, and conduct research in areas including cooperation and altruism, markets and collusion, belief elicitation and social networks

What will you study on the MSc Behavioural Economics in Action?

This course teaches you how to design experiments and interventions, imparts the approaches and skills necessary to analyse data generated from interventions and enhances an understanding of how to dig deeper into the nature of problems faced in society. The modules centred on behavioural economics, data analysis, experimental economics and behavioural markets all provide students with the advanced knowledge and skills required to tackle the keys topics of the subject area. The practice element of the course gives you the chance to see the process of designing of an experiment or survey, how other researchers run experiments or analysis of results from previous interventions

The dissertation element of the course gives you an opportunity to apply the knowledge and skills you have gained to explore and area of behavioural economics that is of particular interest to you. This project can be developed with an academic within the school or an external supervisor.

There are three different awards available for this course:

• PG Certificate route comprises two 30 credit modules
• PG Diploma route comprises two 30 credit modules and four 15 credit modules
• MSc route comprises two 30 credit modules, four 15 credit modules and a dissertation

We normally require a second-class honours degree 2:2 or above in the field of economics, business management, business administration, international business and other relevant areas.

A good first degree from a recognised university or equivalent with minimum 55% or above.

Middlesex University Highlights

Middlesex University Average Tuition Fees And Other Expenses

Middlesex University International Student Admissions

Middlesex University accepts students from all around the world and currently has over 160 international partnerships.

Application fee: 40 GBP

Academic Documents:

• Transcripts and certificates of all the educational institutions previously attended by the applicant.
• References
• CV or Resume
• Personal statement
• Language proficiency test scores
• Interviews, portfolio and auditions might also be required for some courses.

The transcripts must be either copy of the original documents on letter headed paper or with a stamp from the academic institution. Applicants must provide their permanent details like post address or email address. If applicants are looking for a research degree, they must also include a research proposal along with their application. This must outline their research plans and highlight which is of research interests them.

English Proficiency Test Score Required for International Students

The applicants whose native language is not English are required to submit one of the following test scores to Middlesex University. The minimum test scores required for both UG and PF courses are as follows:

Visa Process for International Students

• All international applicants need to have the Tier 4 visa clearance for six months.
• Applicant must be at least 16 years old in order to apply for a Tier 4 visa.
• Financial and documentation requirements need to be fulfilled by the applicant.
• Passports, travel documentation and a tuberculosis test result are required when applying for Tier 4 visa.
• A minimum of 40 points are required for Tier 4.
• Out of these 40 points, 30 points are for a valid CAS from a Tier 4 sponsor, which will be Middlesex University.
• 10 points are for financial means for college tuition, living costs and application fee.
• A CAS (Confirmation of Acceptance for Studies) is sent to the applicant when he/she is admitted at the university.
• This CAS contains a reference number that must be stated on the visa application form.
• The validity of the visa depends upon the duration of the course taken by the applicant.