1 year full-time or 2 years part-time
3-4 evenings a week full-time or 2 evenings a week part-time, September to June
Our Graduate Diploma in Economics and its new pathway, the Graduate Diploma in Quantitative Economics, fill a critical gap in the market for postgraduate training in economics. If you have an undergraduate degree in another subject area - however distant from economics - but wish to switch to economics, the Graduate Diploma in Economics and the Graduate Diploma in Quantitative Economics are specifically designed to allow you to do just that, without spending three or four years studying for a second undergraduate degree.
They provide rigorous and intensive training, spread over one or two years, after which you will be able to compete on equal terms with students graduating with undergraduate degrees in economics.
Many of our students require a level of economic knowledge in their jobs that is usually acquired at an undergraduate level; many of them work for City institutions, the Bank of England, government departments and economic regulators. This Graduate Diploma provides them with a sound knowledge of the core analytical tools of economics, coupled with some training in econometrics - the statistical side of the discipline.
The Graduate Diploma in Quantitative Economics is designed for students who wish to go on to Master's-level study, with the ultimate ambition of becoming a professional economist, whether in the private or public sector, or an academic economist (which requires further study to PhD level). Many students go on to MSc and MPhil/PhD programmes at Birkbeck and other top UK universities.
Uniquely, this programme provides training specifically designed for such students. All modules on the programme are designed carefully around targeted, accelerated learning, in contrast to conversion courses in other universities that simply offer modules that are already part of other undergraduate programmes.
This programme is also available for distance-learners, as a purely online course. For both face-to-face and online students, all lectures are made available on video, and all course materials are also available online.
You will not need any prior training in the subject. The programme will give you a thorough grounding in the fundamental ideas and methods of modern economics, and you will learn to apply economic reasoning to practical problems. Crucially, you will also develop the necessary mathematical and statistical tool-kit for studying economics.
A background in a mathematical discipline is an advantage, but not essential; pre-sessional courses beginning in September provide an accelerated revision of core mathematics skills, starting at roughly GCSE level, but progressing very rapidly to more advanced techniques.
All students will be admitted to the Graduate Diploma in Economics in the first instance, but you will be offered the opportunity to transfer to the Graduate Diploma in Quantitative Economics. This includes an additional module that introduces you to more technical material and bridges the gap between undergraduate and postgraduate study in economics.
The 1-year programme is taught exclusively in the evenings and is, thus, open to students in full-time employment, but the programme proceeds at an intense pace and the workload is very heavy, so this option is usually only pursued by students with a strongly quantitative background. The more common route is to take the programme over two years, with the first year focused primarily on quantitative training. All students have the option of being considered for the intensive 1-year route, though, based on their performance in the mid-term tests in week 6 of the first term of the programme.
Why study this course at Birkbeck?
- Ideal conversion programme if you have a degree in another subject and need the skills of an economics graduate in your work, or want to study economics at Master's level.
- Excellent reputation for the quality of our teaching, providing training for employers such as the Treasury and the Bank of England.
- In the 2014 Research Excellence Framework (REF), more than half of our research outputs in Economics were ranked world-leading or internationally excellent.
- Watch Professor Stephen Wright, programme director for the Graduate Diploma in Economics, talking about studying at Birkbeck.
- Watch our video of Professor Ron Smith talking about studying in the Department of Economics, Mathematics and Statistics.
- Watch videos of our postgraduate students discussing their experience of studying at Birkbeck.
You take the following four modules, plus preliminary classes in September.
Students on the 1-year full-time programme take all of the modules in a single year.
Some part-time students may be allowed to vary the order in which modules are taken over the two years, in consultation with the Programme Director.
Full-time compulsory modules
Part-time year 1 compulsory modules
Part-time year 2 compulsory modules
We welcome a wide range of qualifications, from the UK and abroad, and we will also consider your non-academic achievements.
At least a 2:2 degree in any discipline or equivalent.
The 1-year full-time intensive programme usually requires a 2:1 and some prior mathematical training.
Evidence of aptitude for mathematical and statistical analysis is advantageous.
Most students are offered a place on the 2-year part-time programme in the first instance, with the opportunity to transfer to the 1-year programme based on tests in economics and mathematics taken in week 6 of the autumn term.
International entry requirements
If English is not your first language or you have not previously studied in English, our usual requirement is the equivalent of an International English Language Testing System (IELTS Academic Test) score of 6.5, with not less than 6.0 in each of the sub-tests.
If you don't meet the minimum IELTS requirement, we offer pre-sessional English courses, foundation programmes and language support services to help you improve your English language skills and get your place at Birkbeck.
Visit the International section of our website to find out more about our English language entry requirements and relevant requirements by country.
Fees and finance
We offer advice on all the options for financing your studies. You can pay your fees interest-free by direct debit and postgraduate loans are available for all Home/EU students.
FeesPart-time home/EU students: £ 3500 pa
Full-time home/EU students: £ 6975 pa
Part-time overseas students: £ 5325 pa
Full-time overseas students: £ 10650 pa
Teaching and assessment
Our innovative, engaging teaching is designed to support students who are juggling evening study with work and other daytime commitments.
Lectures and classes. Private study forms a crucial part of the learning process.
A key feature of this programme is its specially tailored lectures. This is in contrast to most other UK universities offering equivalent qualifications, where lectures are usually taken from existing undergraduate programmes.
Mostly by unseen written examination. Each module, except Introduction to Mathematical Economics, includes some assessment based on in-class tests. Applied Statistics and Econometrics is assessed by examination (70%) and project (30%).
Careers and employability
To help you get ahead in your career, we offer free advice and training and our recruitment consultancy, Birkbeck Talent, can connect you with employers.
Careers and employability
Graduates can pursue a career in banking and finance, the public sector, industry, and research and analysis. Possible professions include economist, financial risk analyst, statistician, or management consultant. This degree can also be useful in becoming an actuary, Civil Service fast streamer, or local government officer.
Find out more about the destinations of graduates in this subject.
We offer a comprehensive Careers and Employability Service to help you advance your career, while our in-house, professional recruitment consultancy, Birkbeck Talent, works with London’s top employers to help you gain work experience that fits in with your evening studies.
How to apply
Once you've found the course that's right for you, here's what to do next to get your place at Birkbeck.
How to apply
You apply directly to Birkbeck for this course, using the online application.
Need help with your application? Watch videos featuring our academic experts giving advice on applying to Birkbeck and answering some of the most frequently asked questions.
Birkbeck can give you all of the information and help you need to complete your application form, including our online personal statement tool, which will guide you through every step of writing your personal statement.
Application deadlines and interviews
You should apply as early as possible.
We need to receive your supporting documents, i.e. your transcript, before we can proceed with your application.
Life at Birkbeck
Birkbeck offers a unique combination of evening study and a matchless central London location, right in the geographic and academic centre of the city, giving you exceptional opportunities.
Most of our students live in private accommodation, but we also offer student accommodation and access to the professional services of the University of London Housing Services.
The Birkbeck experience
Birkbeck is different: our classes are held in the evening, so your days are free - to study, work, volunteer or just do your own thing.
Financial support and postgraduate loans
Birkbeck offers advice on all the options for financing your studies. You can pay loans by interest-free direct debit and postgraduate loans are available for all Home/EU students. Find out about the support we provide.
How to apply
Once you've found the course that's right for you, here's what to do next to get your place at Birkbeck. We can give you the advice and support you need.
Birkbeck is one of the world’s leading research universities. Discover more about our vibrant, intellectually challenging and exciting research culture.
Boost your career
Discover how Birkbeck's unique evening teaching, coupled with our comprehensive careers and employability services, can help you get ahead in a highly competitive job market.
Fees and payment
With government loans for undergraduate and postgraduate study, fantastic financial support packages and flexible payment options, there’s never been a better time to study at Birkbeck.
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