Master of Science [M.Sc] (Economics and Data Science)
Field of Study:
$44,616 /Yr
University of Nottingham Economics and Data Science MSc is a 12-month, full-time course at University Park Campus, beginning in September 2027. Indian applicants need a 2:1 equivalent with substantial economics and mathematics preparation; international tuition is £31,700 (INR 40.28 Lakhs).
The course combines economic reasoning, econometrics and Python-based machine learning for research, policy and analytical roles. It best fits economics graduates prepared for intensive quantitative study and an independently supervised dissertation.
- Core study connects causal analysis and economic theory with artificial intelligence, unstructured data and modern prediction methods.
- Students choose microeconomic or macroeconomic theory before selecting two options that support their dissertation and intended career direction.
- The School of Economics reports postgraduate outcomes separately from this MSc, allowing applicants to distinguish school-level evidence from course-specific results.
Current Admission Status
Applications for the September 2027 intake are Not Yet Open. International student deadline: not yet published; 3 August 2026 was the prior-cycle deadline.
The university has announced 2027 entry but has not published the opening date or final international deadline. Indian applicants should prepare quantitative module evidence and references while monitoring the official schedule.
Also Check: University of Nottingham admission process
Nottingham Economics and Data Science Fees and Living Costs 2027
The confirmed international tuition for September 2027 is £31,700 (INR 40.28 Lakhs) for the full-time MSc. A CAS (Confirmation of Acceptance for Studies) deposit of £4,500 (INR 5.72 Lakhs) applies to international postgraduate taught starters.
The deposit is a tuition payment stage required for the visa process, rather than an additional course charge. Nottingham publishes individual instalment deadlines after an offer, so education-loan timing must follow the student’s MyNottingham schedule.
2027-28 fee context: The table uses the full-time international rate and separates the required deposit from gross tuition.
| Cost item | Amount in GBP | Amount in INR | Payment meaning |
|---|---|---|---|
| Full-time international tuition | £31,700 | INR 40.28 Lakhs | Confirmed fee for the 12-month MSc |
| CAS deposit for international taught starters | £4,500 | INR 5.72 Lakhs | Required tuition payment stage for starts after August 2026 |
All INR conversions in the article use a conversion rate of GBP 1 = INR 127.06 as of 23 October 2026. Rates fluctuate daily, verify before applying.
Source: University of Nottingham Economics and Data Science MSc 2027 course page and postgraduate fee guidance.
- The £4,500 (INR 5.72 Lakhs) deposit affects cash timing, so reserve it before the university issues the remaining instalment schedule.
- Nottingham anticipates no significant extra course costs, although a suitable laptop and optional personal book purchases still need separate allowances.
- The deposit can be waived for a fully sponsored student only when Nottingham accepts the recognised sponsor’s formal letter.
Cost of Living in Nottingham for Economics Students
The university estimates £800 to £1,200 monthly (INR 1.02 Lakhs to INR 1.52 Lakhs), including accommodation, food and transport. Because this is a combined estimate, splitting it into unsupported rent or grocery amounts would misstate the evidence.
| Expense | Monthly (GBP) | Monthly (INR) | Annual (GBP) | Annual (INR) |
|---|---|---|---|---|
| Combined accommodation, food and transport total | £800 to £1,200 | INR 1.02 Lakhs to INR 1.52 Lakhs | £9,600 to £14,400 | INR 12.20 Lakhs to INR 18.30 Lakhs |
Adding confirmed tuition to 12 months of the official living estimate gives a calculated budget of £41,300 to £46,100. This equals INR 52.48 Lakhs to INR 58.57 Lakhs before flights, visa charges or personal equipment.
The Student visa maintenance requirement is a separate compliance threshold and does not replace this living estimate. Indian applicants should fund the higher end because exchange-rate movement affects tuition and daily spending together.
Read More: UK accommodation planning for international students
ROI reality: Confirmed tuition and the university living estimate create a pre-visa budget reaching £46,100 (INR 58.57 Lakhs), so secure funding before relying on uncertain awards.
Nottingham Economics and Data Science Admission 2027
Admission requires a UK 2:1 equivalent in a discipline containing substantial economics, statistics and econometrics. Applicants also need economics mathematics through calculus, linear algebra, economics mathematics or quantitative economics.
The course is available only as a 12-month full-time route at University Park Campus. This structure supports eligible Student visa sponsorship but leaves no part-time alternative for international applicants.
Academic Eligibility for Indian Applicants
Nottingham’s Indian equivalency depends on the awarding university’s published tier, so one percentage does not cover every applicant. The official tier list should be matched before judging whether the 2:1 threshold is met.
September 2027 academic context: Every route still needs the specified economics and mathematics content, even when the overall grade clears the relevant tier threshold.
| Applicant route | Official requirement | Indian applicant interpretation |
|---|---|---|
| Tier 1 Indian university | UK 2:1 in a discipline with significant economics content | 60% or CGPA 6.0 on 10 |
| Tier 2 Indian university | UK 2:1 in a discipline with significant economics content | 65% or CGPA 6.5 on 10 |
| Tier 3 Indian university | UK 2:1 in a discipline with significant economics content | 70% or CGPA 7.0 on 10 |
| Required subject foundation | Microeconomics, macroeconomics, statistics, econometrics and economics mathematics | Identify matching modules and quantitative grades on the transcript |
| Alternative qualification route | Individual assessment may consider relevant work experience | Supply evidence of economic analysis, modelling, data work or policy research |
The page lists no fixed work-experience period and no GMAT or GRE requirement. However, meeting the overall grade without the named economics modules does not establish academic eligibility.
Course Preparation and Academic Fit
Four core modules combine econometric theory, economic data analysis and two machine-learning courses using Python. The dissertation then requires an analytical or empirical technique applied to a defined economics question.
Students choose microeconomic or macroeconomic theory and two options, creating a tradeoff between breadth and a coherent research direction. Applicants should therefore connect earlier modules to one proposed analytical problem.
| Course component | Published content | Useful preparation evidence |
|---|---|---|
| Econometric foundation | Regression, maximum likelihood, hypothesis testing and economic data analysis | Statistics, econometrics, panel data or time-series coursework |
| Machine learning | Regularisation, trees, clustering, neural networks and causal machine learning | Python coding, predictive modelling or reproducible data projects |
| Artificial intelligence for economics | Large language models, images and unstructured economic data | Text analysis, research methods or policy-data experience |
| Dissertation | Independent economic theory, policy, applied economics or econometrics research | A focused question with feasible data and an appropriate method |
Each typical 20-credit module represents about 200 combined study hours, while scheduled contact averages three hours weekly per module. This balance makes independent quantitative work central rather than optional.
Module combinations can face timetable restrictions and published options may change. A strong applicant should prioritise the theory choice and two methods that best support the intended dissertation.
English Language Requirements
IELTS (International English Language Testing System) requires 6.5 overall with 6.0 in every element. This component floor prevents a stronger skill from compensating for a weaker one.
TOEFL (Test of English as a Foreign Language) uses Nottingham’s revised post-January 2026 scale for this intake. PTE (Pearson Test of English) offers another computer-based route with separate component minimums.
2027 English policy: Current scores apply to the course’s IELTS 6.5 equivalency band, while qualifying CBSE or CISCE English can replace a test.
| Route | Minimum for this MSc | Important condition |
|---|---|---|
| IELTS Academic | 6.5 overall | No element below 6.0 |
| TOEFL iBT taken after January 2026 | 4.5 overall | No element below 4.5; scores cannot be combined across tests |
| PTE Academic | 71 overall | Minimum 65 in every element |
| CBSE or CISCE Standard XII English | 75% | State-board English is not accepted for this published route |
- Use the CBSE or CISCE route only when the transcript shows at least 75% in Standard XII English.
- Choose IELTS or PTE early when state-board English is your only school evidence because it does not satisfy the published waiver.
- For TOEFL tests after January 2026, submit the published 1.0 to 6.0 scale score without self-converting it.
An English minimum establishes language eligibility rather than academic readiness. Selection still depends on degree results and preparation across economics, mathematics, statistics and econometrics.
Tip for Indian students: Match your university tier first, then map every required economics and mathematics subject to transcript evidence before writing the statement.
Nottingham Economics and Data Science Application 2027
The university has announced September 2027 entry, but its application opening and international deadline remain unconfirmed. Applicants can prepare a complete quantitative evidence file before the portal timetable appears.
Application status: The target intake is announced, while Nottingham’s central schedule says arrangements for 2027-28 entry are to be confirmed.
| Stage | Published 2027 position | Applicant action |
|---|---|---|
| Course selection | September 2027; full-time only | Confirm that the transcript contains every named economics and mathematics area |
| Portal submission | Opening date and international deadline to be confirmed | Prepare documents now and submit after the target-cycle timetable appears |
| Application assessment | The university aims to decide complete applications within six weeks | Monitor email for requests about education, references or quantitative preparation |
| Offer completion | Conditions follow the admissions team’s stated date | Reserve time for English evidence, finance checks, the deposit and Student visa processing |
Build a Quantitative Application File
A complete application needs clear scans of the degree certificate and final or current transcript. Because eligibility names five subject areas, applicants should create a concise module map before submission.
- Match microeconomics, macroeconomics, statistics, econometrics and economics mathematics to named transcript modules and their strongest assessed work.
- Use the personal statement to connect Python or econometric preparation with one feasible dissertation question and a defined policy or analytical goal.
- Prepare two recent references when requested, including at least one referee who can assess academic and quantitative ability.
- Keep each reference within two years and obtain signed, letter-headed evidence when the referee does not submit it directly.
The live course page publishes no routine interview, portfolio or admissions test for this MSc. Admissions may request a curriculum vitae or education clarification, so unexplained module titles can delay assessment.
Nottingham aims to decide within six weeks of submission, although missing documents interrupt that planning assumption. Applicants seeking funding should submit a complete file early because some award routes require an offer.
Plan for an Unpublished Deadline
Nottingham’s current guidance places international deadlines around six to seven weeks before a standard late-September start. Treat that interval as a tentative planning window, because no 2027 cutoff, time or portal timezone is published.
The 3 August 2026 international deadline is a prior-cycle reference, not a confirmed 2027 date. Indian applicants should use early August only for internal document planning until Nottingham publishes the controlling deadline.
Check Out: University of Nottingham study options
Deadline evidence
The university has not published a 2027 international cutoff or portal timezone, so verify both on the official postgraduate application page before submission.
Application tip: Prepare the module-to-transcript map before the portal opens because eligibility depends on named economics, econometrics and mathematics content.
Nottingham Economics and Data Science Scholarships 2027
Eligible self-funded international students receive an automatic £3,000 award (INR 3.81 Lakhs) for 2027 entry. Athlete funding offers separate routes, although the published pages conflict on combining the automatic and sports awards.
Funding context: The automatic award explicitly names 2027 starters, while the two sports routes are current published awards without a named intake cycle.
| Scholarship | Value in GBP | Value in INR | Eligibility and route |
|---|---|---|---|
| International Postgraduate Masters Scholarship | £3,000 tuition deduction | INR 3.81 Lakhs | Automatic for eligible self-funded international students entering a full-time UK campus master’s in 2027 |
| International Sporting Excellence Scholarship | £5,000 towards tuition | INR 6.35 Lakhs | Separate application for an international student with outstanding sporting ability |
| Foundation Sports Scholarship Package | £2,500 package value | INR 3.18 Lakhs | Current published support package for an athlete meeting the university’s sporting standard |
The automatic award reduces tuition from £31,700 (INR 40.28 Lakhs) to a calculated £28,700 (INR 36.47 Lakhs). This balance applies only when the student meets the scheme’s self-funding and award conditions.
- Do not submit a separate application for the £3,000 (INR 3.81 Lakhs) award because Nottingham applies it automatically after eligible enrolment.
- Apply separately for sports funding because selection depends on academy, national or international performance evidence rather than academic admission alone.
- Treat the £2,500 package (INR 3.18 Lakhs) as mixed support because its value includes facilities, membership and specialist services.
- Budget using gross tuition until the award appears formally because sponsorship or another university award can change automatic eligibility.
Sports awards are made on an ongoing basis without a fixed published deadline, and an academic offer is not required initially. However, the award requires a firmly accepted offer before final confirmation.
Read More: University of Nottingham scholarship options
Award-combination conflict
The sports page permits academic combinations, while the official 2027 master’s scholarship page excludes another university award. Obtain written confirmation before deducting both from tuition.
Scholarship reality: The automatic award can lower tuition to £28,700 (INR 36.47 Lakhs), but sports funding should not reduce the budget until Nottingham confirms compatibility.
Nottingham Economics and Data Science Salary 2027
The closest official salary evidence is school-level, not an Economics and Data Science MSc-only result. School of Economics postgraduates recorded an average starting salary of £34,975 (INR 44.44 Lakhs).
HESA (Higher Education Statistics Agency) Graduate Outcomes 2022/23 also reports 97.4% in graduate-level employment or further study within 15 months. This combined measure cannot establish one international student’s placement probability.
Published salary context: The amount is a gross starting-salary average for the School of Economics postgraduate cohort.
| Salary measure | Amount in GBP | Amount in INR | Evidence scope |
|---|---|---|---|
| Average starting salary | £34,975 | INR 44.44 Lakhs | School of Economics postgraduates, HESA Graduate Outcomes 2022/23 |
Source: University of Nottingham Economics and Data Science MSc 2027 course page, citing HESA Graduate Outcomes 2022/23.
The checked course source publishes no MSc-only offer rate, sector share or geography-pay breakdown. Therefore, the school average cannot support a reliable repayment period or guaranteed UK salary assumption.
Graduate Destinations and Placement Scope
The course page reports graduates working in banking, consulting, government, academia and other private-sector roles. It names Barclays, Bloomberg, Deloitte, Goldman Sachs, IBM, PwC and Thomson Reuters among destination examples.
These organisations prove reported graduate access, not recruitment volume or visa sponsorship. Applicants should use the named sectors to shape projects while verifying role requirements directly with employers.
This MSc has no integrated placement, although students may apply to university and Faculty of Social Sciences placement schemes. Selection is separate, so an internship should not be treated as guaranteed course time.
The £34,975 (INR 44.44 Lakhs) figure is gross pay rather than take-home income. Tax code, pension deductions and personal circumstances change net earnings, so test an offer with the official UK income-tax estimator.
Return on Investment for Indian Applicants
The calculated tuition and living budget is £41,300 to £46,100 (INR 52.48 Lakhs to INR 58.57 Lakhs) before visa charges. MSc-only salaries are unpublished, so a defensible payback period cannot be calculated.
- The school-level £34,975 average (INR 44.44 Lakhs) is below the upfront budget, so first-year gross earnings should not be assumed to repay total cost.
- The automatic £3,000 award (INR 3.81 Lakhs) can lower tuition, so confirm eligibility before fixing the education-loan principal.
- The 18-month Graduate visa window limits UK job-search time, so align Python work and the dissertation with a target role before graduation.
- The course has no integrated placement, so apply separately to placement schemes and build independent portfolio evidence during taught modules.
- The salary evidence reflects UK school-level outcomes, so India-return applicants should compare actual Indian offers instead of converting that average into local expectations.
The programme’s unusual value is its integration of economic interpretation with machine learning, rather than data science alone. Applicants should test whether that combination matches a defined economist, policy or analytical role.
ROI reality: Nottingham publishes a useful school-level salary benchmark but no MSc-only employment probability, so substantial borrowing needs role-specific evidence and confirmed funding.
UK Visa for Nottingham Economics and Data Science Students 2027
A Student visa application costs £558 (INR 70,899), while the IHS (Immigration Health Surcharge) is £776 yearly (INR 98,599). This health payment is separate from tuition, living costs and maintenance evidence.
- Nottingham uses the outside-London rule, requiring £1,203 monthly (INR 1.53 Lakhs) for nine months, totalling £10,827 (INR 13.76 Lakhs).
- Eligible graduates applying from 2027 can use the Graduate visa for 18 months; its application fee is £937 (INR 1.19 Lakhs).
- Skilled Worker status normally requires an eligible sponsored role meeting £41,700 (INR 52.98 Lakhs), while settlement can follow five qualifying years.
- Taught MSc students normally cannot sponsor new dependants, although a qualifying government-sponsored exception can apply to courses longer than six months.
Check Out: UK Student visa process for Indian applicants
Visa reality: The £10,827 maintenance threshold (INR 13.76 Lakhs) proves visa funds but does not forecast Nottingham spending, so preserve it beside the separate living budget.
Nottingham Economics and Data Science Ranking 2027
The live course page places Nottingham within the UK top 10 for economics and the world top 100 for economics and econometrics. The two positions come from different editions and ranking systems.
Ranking context: These positions cover the wider economics discipline, rather than the MSc cohort’s curriculum quality or employment outcomes.
| Ranking | Edition | Position | Scope |
|---|---|---|---|
| Complete University Guide Subject Rankings | 2026 | Top 10 in the UK | Economics |
| QS World University Rankings by Subject | 2025 | World top 100 | Economics and econometrics |
Subject positions provide departmental context, while applicant value depends more directly on quantitative fit and dissertation supervision. The course page publishes no previous comparable position, so no ranking trend is claimed.
For this MSc, the stronger fit test is whether economic theory and machine learning jointly support the intended role. Timetable restrictions also matter because not every published option can necessarily be combined.
Read More: University of Nottingham subject rankings
Key insight: The subject positions support disciplinary visibility, but shortlist this MSc only when its theory choice, methods and dissertation support one career direction.
Nottingham’s MSc best fits economics graduates who want machine learning embedded within economic analysis, rather than a general data-science conversion. Its core methods and supervised dissertation can connect policy questions with reproducible Python work. The tradeoff is substantial cost without MSc-only employment evidence or an integrated placement. Before committing, map the prerequisite modules, confirm funding and monitor the 2027 application schedule.
University of Nottingham Economics and Data Science MSc FAQs
Ques. Which applicant fits Nottingham Economics and Data Science MSc best?
Ans. The strongest fit is an economics graduate with statistics, econometrics and economics mathematics who wants Python-based research training. Choose it when economic interpretation matters as much as predictive modelling.
Ques. Can an Indian applicant with a data-science degree qualify?
Ans. A data-science title alone is insufficient because Nottingham requires significant microeconomics, macroeconomics, statistics, econometrics and economics mathematics. The transcript must also meet the 60%, 65% or 70% tier-specific 2:1 equivalent.
Ques. What total budget should an Indian student arrange?
Ans. Confirmed tuition plus 12 months of official living costs gives £41,300 to £46,100 (INR 52.48 Lakhs to INR 58.57 Lakhs). The automatic award can reduce tuition by £3,000 (INR 3.81 Lakhs), while visa, travel and equipment remain separate.
Ques. When should a September 2027 application be submitted?
Ans. The intake is announced, but the opening date, international deadline and portal timezone remain unpublished. Prepare transcripts, module mappings and references now, then follow Nottingham’s confirmed schedule when released.
Ques. Does this MSc provide a clear UK return on investment?
Ans. The school reports a £34,975 average salary (INR 44.44 Lakhs) and strong combined employment or study outcomes. However, MSc-only outcomes are unpublished, so borrowing should rely on confirmed funding, portfolio evidence and the 18-month Graduate visa window.
Tuition Fees
| Year | 1st Year Fees |
|---|---|
| Tuition Fees | $44616 (GBP 33800) |
Other Expenses
| Head | Avg Cost Per Year |
|---|---|
| Cost of Living | $13496 (GBP 10224) |
| Health Insurance | $1024 (GBP 776) |
Previous Year Tuition Fees
| Year | 1st Year Fees |
|---|---|
| 2025 | $40590 (GBP 30750) |
| 2024 | $35838 (GBP 27150) |
| 2023 | $31680 (GBP 24000) |
| 2021 | $42808 (GBP 32430) |
Important Dates
| Event | Application Date |
|---|---|
| Application Deadline For Fall 2026 Intake | |
| Course Start Date for Fall 2026 Intake | |
Required Document List
The documents required are:
- Resume/CV - This provides a summary of a student's experience and skills.
- Higher Secondary School Certificate - The certificate provided by the education board after completion of the Higher secondary education.
- Statement of Marks - The marks statement provided by the education board.
- Financial Documentation - The Proof that shows the financial background of the student.
- Letter of Recommendation - This shows who recommended the student to pursue the degree.
- Statement of Purpose - This is an essay or any written statement written by the student while applying.
- English Language Requirement Scores like TOEFL, IELTS,..etc.
TOP Scholarships
| Scholarship name | Award amount | Eligibility |
|---|---|---|
| Commonwealth Master's Scholarship | Covers full tuition fees, airfare, living stipend, and other allowances. | Citizens of eligible Commonwealth countries (including India) with a 2:1 or relevant postgraduate qualification, financially unable to study in the UK. |
| South Asia Postgraduate Excellence Award | £4,000 - £8,000 | Eligible for students from South Asia, classified as overseas, with an offer for a full-time master's (MRes) at Nottingham (2025/26) |
Key Resources for Your Study Abroad Journey
Course Guides
1 Year Masters Programs in UK for International Students
Masters in Data Analytics in UK: Deadlines, Fees, Eligibility, Jobs
Scholarship Grants & Financial Aids
| Name | Scholarship Per Student | Level of Study | Type | |
|---|---|---|---|---|
| VueVille Future Technology Scholarship | Scholarship per student$ 1,320/Yr$1,000 | Level Of StudyBachelor | TypeMerit-Based | |
| Saltire Scholarships | Scholarship per student$ 10,560/Yr$8,000 | Level Of StudyMaster | TypeMerit-Based | |
| Bharat Petroleum Scholarship | Scholarship per studentVariable Amount | Level Of StudyMaster | TypeMerit-Based | |
| Forktip Women’s- Innovation Scholarship | Scholarship per studentVariable Amount | Level Of StudyBachelor | TypeCollege-Specific | |
| India Postgraduate Taught Master’s Scholarship | Scholarship per student$ 4,693/Yr$3,555 | Level Of StudyMaster | TypeCollege-Specific | |
| Axol Science Scholarship | Scholarship per student$ 2,640/Yr$2,000 | Level Of StudyBachelor | TypeCompany-Sponsored |
Similar Programs
| Program | Important Date | Total Fees | Median Exams Score | Action |
|---|---|---|---|---|
| USD 39,600 /Yr GBP 30,000 /Yr |
| |||
Fall 2027 international application deadline (3rd Aug 2027) | USD 45,936 /Yr GBP 34,800 /Yr |
| ||
| USD 36,828 /Yr GBP 27,900 /Yr |
| |||
| USD 42,570 /Yr GBP 32,250 /Yr |
Do you think the Dates are wrong ? Report Here





















Comments