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University of Essex

Colchester, England, United Kingdom

Graduate Diploma Economics

At Essex we push the frontiers of accepted wisdom, critically examining the decisions of individuals, the strategies of firms, and the policies of governments to understand and challenge the standard paradigms of economics.

If your first degree is in a subject other than economics, or your economics training does not provide sufficient technical experience for direct entry on our MSc courses, we offer a full-time, nine-month Diploma in Economics. If you obtain your Diploma with Merit or Distinction, you can then automatically register for one of our MSc courses, so over the two years you gain a thorough training in economics principles and practice at the Masters level.

On our Graduate Diploma Economics, we teach you the essentials of micro- and macroeconomics, and then you have the option to explore whichever topics in economics interest you the most, from international trade and health, to mathematical methods, to theories of monopolies.

We are 4th in UK for research power in economics and econometrics (Times Higher Education research power measure, Research Excellence Framework 2021). Much of this world-class research is related to policy, and we have particular strengths in the areas of:

Game theory and strategic interactions
Theoretical and applied econometrics
Labour economics
The quality of our work is reflected in our stream of publications in high-profile academic journals, including American Economic Review, Econometrica, and Review of Economic Studies.

Campus Information

Colchester campus

Wivenhoe Park, Colchester CO4 3SQ, United Kingdom

Intakes

  • Oct

Application Processing Time in Days: 30

Minimum English Language Requirements

English Level Description IELTS (1.0 -9.0) TOEFL IBT (0-120) TOEFL CBT (0-300) PTE (10-90)
Expert 9 120 297-300 86-90
Very Good 8.5 115-119 280-293 83-86
Very Good 8 110-114 270-280 79-83
Good 7.5 102-109 253-267 73-79
Good 7 94-101 240-253 65-73
Competent 6.5 79-93 213-233 58-65
Competent 6 60-78 170-210 50-58
Modest 5.5 46-59 133-210 43-50
Modest 5 35-45 107-133 36-43
Limited 4 32-34 97-103 30-36
Extremely Limited < 4 < 31 < 93 < 30

Job Opportunity Potential

You get more than just a degree with Essex Business School, you get a head start on your career. 
Our courses allow you to experience the cutting edge of modern business practices and are designed to equip you with the essential skills and knowledge that you will need for an exciting and fast-paced career in business and beyond. 

On this page you will find information on a wide variety of career pathways for business school graduates. From Accountant to Wall Street Wizard (yes, we encourage our graduates to build their own job titles where possible) you will discover where a degree from Essex Business School could take you.

We are a big department with academic expertise in five key subject areas: accounting, finance, entrepreneurship, management and marketing. Therefore, this page will guide you through the key skills and alumni destinations for each of our subject areas.

As business themes operate through every industry you will find that doors open for business school graduates in virtually every sector. On this page you’ll hear from business school graduates who have taken their opportunities and built upon the skills gained on their degrees to become entrepreneurs, traders, business leaders and so much more.

Which career will suit me?

  • Graduates from business subjects typically have good commercial awareness which makes them very versatile candidates and attractive to recruiters.
  • Many graduates go on to have successful careers in HR, finance, marketing, new venture creation and consulting and are often suited to professional level employment soon after graduation.
  • Graduates from Essex Business School are very well suited to entrepreneurship and often set up their own businesses either as students or shortly after graduating.

At Essex Business School, we have five core subject areas, plus The Essex MBA. To find out about the specific career prospects for your chosen subject, click on one of the panels below. To find out more about how Essex Business School supports your employability skills and career prospects more generally as a department, please keep scrolling.

PSW Opportunity

  • 2 Years PSW is applicable after completing a minimum duration of 9 months course (like- Undergraduate, Postgraduate Level)
  • 3 Years PSW is applicable after completing PhD level courses.

Admission Requirement / Eligibility Criteria

Many of our Postgraduate Taught Masters will consider applicants with 50% or 5.3/10 from Band 1 or Band 2 institution/ 55% or 5.8/10 from all other institutions from Bachelor degree. Some courses and departments have higher entry requirements as well as other admissions criteria

Academic IELTS (including UKVI IELTS, non-UKVI
IELTS, IELTS Online, and IELTS Indicator) and British
Academic Centre International English Test (BACIET)

If English is not your first language, we require IELTS 6.0 overall with a minimum component score of 5.5 in all components.

  • Course Type: Full Time
  • Course Level: Post Graduate Diploma or Certificate
  • Duration: 09 Month  
  • Total Tuition Fee: 14322 GBP
    Average Cost of Living: 13632 GBP /year
    Application Fee: N/A
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