Master of Science [M.Sc] [Behavioural Economics] From University of Nottingham

University of Nottingham MSc Behavioural Economics is a 12-month full-time postgraduate degree at University Park Campus in Nottingham. For Indian applicants, September 2027 entry requires a 2:1 equivalent in economics-heavy study, charges £31,700 (INR 40.24 Lakhs) and has one published intake.

The course trains students to analyse consumer, borrower and investor decisions through economics, psychology, experiments and quantitative methods. It fits applicants with microeconomics, macroeconomics, statistics, econometrics and economics mathematics who want behavioural research or applied policy and finance roles.

• The course includes a pilot experiment, CeDEx workshop access and a dissertation supervised by a behavioural economics researcher.
• Students take core economics and data modules before specialising in behavioural economic theory and experimental methods.
• The degree can lead into a Germany dual-degree route after the taught component, subject to transfer requirements.

Also Check: University of Nottingham admissions

Nottingham MSc Behavioural Economics Fees and Living Costs 2027

The confirmed international tuition for September 2027 is £31,700 (INR 40.24 Lakhs) for full-time study. Nottingham lists this fee on the live course page, so it is the target-cycle tuition for Indian applicants.

Fee context: The table shows tuition and course-linked costs for the full-time MSc, using Nottingham’s 2027 entry page.

Source: University of Nottingham Behavioural Economics MSc 2027 course page.

All INR conversions in the article use a conversion rate of GBP 1 = INR 126.93 as of 26 September 2026. Rates fluctuate daily, verify before applying.

The fee is high enough that an Indian applicant should test funding before treating the course as a simple one-year upgrade. A £3,000 (INR 3.81 Lakhs) automatic award, if available for the target cycle, reduces tuition but leaves a large cash requirement.

Cost of Living in Nottingham for Behavioural Economics Students

Nottingham’s current international scholarship page says most students spend £800 to £1,200 (INR 1.02 Lakhs to INR 1.52 Lakhs) per month including accommodation, food and transport. Its living-cost page separately lists accommodation and campus prices, so the table avoids inventing a grocery or utility split.

Living-cost context: Weekly accommodation rows are converted to monthly equivalents using 52 weeks divided by 12 months.

A one-year planning budget is £41,300 to £46,100 (INR 52.42 Lakhs to INR 58.51 Lakhs). It uses £31,700 tuition and 12 months of Nottingham’s £800 to £1,200 monthly estimate.

Read More: student accommodation in the UK

ROI reality: The confirmed tuition is £31,700 (INR 40.24 Lakhs), so scholarship certainty matters. Apply only after mapping tuition, rent and visa cash.

Nottingham MSc Behavioural Economics Admission 2027

Admission is built around economics preparation, not general management interest. Nottingham requires a 2:1 or international equivalent in a discipline with significant economics content.

Intake context: The 2027 course page lists one full-time intake, September 2027, and says part-time study is not available.

The strongest Indian application will make the economics foundation easy to verify. If module titles are vague, upload syllabi or transcript notes that show econometrics, statistics and economics mathematics clearly.

English Language Requirements

Nottingham lists IELTS 6.5 for this course and accepts equivalent tests. Indian state-board Class XII English is not accepted as an alternative English qualification, so many applicants still need a test.

English-test context: The table uses Nottingham’s IELTS 6.5 equivalency band, because that is the course requirement.

• Book English testing early if your degree university is not on Nottingham’s listed Indian waiver institutions.
• Use the new TOEFL scale only for tests after January 2026 because Nottingham publishes a separate older scale.
• Keep economics module outlines ready because subject fit can matter as much as the final percentage.

Check Out: University of Nottingham masters courses

Tip for Indian students: Treat the 2:1 equivalent as a tier-specific threshold, not one national percentage. Your transcript must prove economics content and quantitative readiness.

Nottingham MSc Behavioural Economics Application 2027

The September 2027 course page is live, but Nottingham has not published the confirmed 2027/28 postgraduate deadline table. The application strategy should therefore start from an expected 03 August 2027 international deadline.

Application context: Nottingham’s checked application page shows the 2026 standard postgraduate taught international deadline as 03 August 2026 and says 2027/28 entry is to be confirmed.

The personal statement should explain why behavioural economics follows from your economics training. Because the MSc includes experimental methods, the application is stronger when it shows quantitative readiness and interest in decision research.

• Upload transcripts that make microeconomics, macroeconomics, statistics, econometrics and maths modules easy to identify.
• Flag any scholarship deadline in your application because Nottingham asks applicants to mention funding deadlines.
• Apply before the expected August deadline if your English result or final transcript could delay offer conditions.

Application tip: The application should connect economics coursework to behavioural experiments and dissertation interests. Submit early enough for Nottingham’s six-week decision aim.

Nottingham MSc Behavioural Economics Scholarships 2027

Funding for this MSc is a mix of university tuition discounts and external competitive awards. Indian applicants should separate confirmed 2027 scholarships from current awards whose next cycle is not yet published.

Scholarship context: The table labels each award by its published cycle or current status, so older values are not treated as guaranteed 2027 funding.

Chevening is the only listed award here with a published 2027 label and deadline, so it should drive the earliest preparation calendar. The automatic Nottingham award, if continued, would reduce tuition from £31,700 (INR 40.24 Lakhs) to £28,700 (INR 36.43 Lakhs).

Read More: University of Nottingham scholarships

Scholarship reality: A £3,000 (INR 3.81 Lakhs) award helps, but it does not remove the main funding risk. Full funding needs Chevening-level success.

Nottingham MSc Behavioural Economics Salary 2027

Nottingham does not publish a course-specific salary table for MSc Behavioural Economics. The official course page gives school-level evidence: 97.4% of School of Economics postgraduates entered graduate-level employment or further study within 15 months.

Career evidence context: The table separates course-level direction from school-level salary evidence, using HESA Graduate Outcomes 2022/23 where Nottingham publishes it.

Source: University of Nottingham Behavioural Economics MSc career section and HESA Graduate Outcomes 2022/23 note.

The cost-to-career case is strongest for applicants who can use experimental methods, econometrics and behavioural theory in a defined path. Gross salary screening should use a current UK tax calculator because net pay changes with tax code, pension choices and location.

• The confirmed one-year planning budget is £41,300 to £46,100 (INR 52.42 Lakhs to INR 58.51 Lakhs), so unfunded applicants need a clear financing plan.
• The school-level average salary is £34,975 (INR 44.39 Lakhs), which is useful context but not a course-specific repayment input.
• The dissertation and pilot experiment should become portfolio evidence for policy, consulting, finance or doctoral applications.
• The Graduate visa window is 18 months for post-2027 applications, so employability work should start before dissertation submission.

ROI reality: This MSc can be rational when it serves a defined behavioural research or economics career path. Do not build repayment plans from school-level salary alone.

UK Visa for Nottingham MSc Behavioural Economics Students 2027

Indian students normally need a Student visa for this full-time MSc, and Nottingham confirms Student route sponsorship applies to eligible full-time courses. GOV.UK lists a £558 (INR 70,827) outside-UK visa fee and a student healthcare surcharge of £776 (INR 98,498) per year. The maintenance rule for Nottingham is £1,171 (INR 1.49 Lakhs) per month for up to nine months.

• The outside-London maintenance total is £10,539 (INR 13.38 Lakhs) before any permitted accommodation offset.
• The Graduate visa lasts 18 months if the application is made on or after 01 January 2027.
• A later Skilled Worker route usually needs £41,700 (INR 52.93 Lakhs) per year or the occupation going rate.
• Dependants are restricted for taught master’s students unless an exception applies, such as qualifying government sponsorship.

Read More: UK post-study work visa pathway

Visa reality: Budget visa cash separately from Nottingham’s living estimate. The 18-month Graduate visa makes early career preparation important before dissertation season.

Nottingham MSc Behavioural Economics Ranking 2027

Rankings are relevant here because the course sits inside economics and behavioural decision research. Nottingham’s course page reports field and subject rankings, but these should inform academic fit rather than employment certainty.

Ranking context: The table uses the named ranking edition and scope stated on Nottingham’s 2027 course page.

For Indian applicants, the useful ranking signal is academic alignment with behavioural and experimental economics. It should not replace checking modules, supervisor fit, funding and the absence of a course-specific salary table.

Check Out: University of Nottingham rankings

Key insight: The strongest ranking signal is the 2nd in the world behavioural economics field claim. Use it to judge academic fit, not placement probability.