Advanced Diploma in Economics

The Advanced Diploma in Economics is a nine-month taught course for students whose first degree contains little or no economics. The programme sets out to give a thorough grounding in the essentials of modern economics, with a strong emphasis on practical applications. It is intended primarily as a conversion course, allowing individuals already trained in another discipline to acquire the same basic skills as those studying for a three-year degree in economics.

Learning Outcomes

On completion of the Advanced Diploma, students should have acquired an understanding of the core principles and techniques of analysis in microeconomics, macroeconomics, and econometrics and be equipped to proceed to a master's degree in economics.

Continuation to MPhil Programmes

Continuation to the MPhil in Economics or the MPhil in Finance and Economics is conditional on obtaining an average of at least 65% in the Diploma examinations. Continuation to the MPhil in Economics and Data Science is conditional on obtaining an average of at least 68% in the Diploma examinations. Continuation to the MPhil in Economic Research is conditional on obtaining an average of at least 70% in the Diploma examinations.

Key Information

• Duration: 9 months full-time
• Study Mode: Taught
• Award: Advanced Diploma
• Faculty: Faculty of Economics
• Course Type: Conversion course

Dates and Deadlines

• Applications open: September 3, 2025
• Application deadline: December 3, 2025
• Course Starts: October 1, 2026
• Funding Deadlines:
  • Course Funding Deadline: December 3, 2025
  • Gates Cambridge US round only: October 15, 2025

Similar Courses

• Economics MPhil
• Economic Research MPhil
• Finance and Economics MPhil
• Economics PhD
• Technology Policy MPhil

Admission Criteria

A good mathematical background is essential for applicants to the Diploma programme, as modern economics makes frequent use of formal (mathematical and statistical) analysis. The programme is designed for students whose first degree contains little or no economics, providing a thorough grounding in the essentials of modern economics.

University of Cambridge

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Overview:

The University of Cambridge is a prestigious public research university located in Cambridge, England. It is one of the world's leading academic institutions, known for its high-quality teaching and research. The university is comprised of 31 constituent colleges, each with its own unique character and traditions.

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Services Offered:

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Student Life and Campus Experience:

The university offers a vibrant and diverse student experience. Students can expect to be part of a close-knit community within their chosen college, while also having access to the wider university's resources and facilities. The university boasts a rich history and tradition, with numerous historic buildings and gardens. Students can participate in a wide range of extracurricular activities, including sports, societies, and cultural events.

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Key Reasons to Study There:

Academic Excellence:

Cambridge is renowned for its world-class academics and research.

Prestigious Reputation:

A degree from Cambridge is highly valued globally, opening doors to various career opportunities.

Unique College System:

The college system provides a supportive and intimate learning environment, fostering close relationships between students and tutors.

Exceptional Facilities:

The university offers state-of-the-art facilities, including libraries, laboratories, and museums.

Vibrant Campus Life:

Cambridge offers a rich and diverse student experience, with numerous opportunities for extracurricular activities and social engagement.

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Academic Programs:

The university offers a wide range of undergraduate and postgraduate programs across various disciplines, including:

Arts and Humanities:

History, English Literature, Classics, Philosophy, Theology, Music, Art History, and more.

Social Sciences:

Economics, Politics, Sociology, Anthropology, Psychology, and more.

Sciences:

Physics, Chemistry, Biology, Mathematics, Computer Science, Engineering, and more.

Medicine:

Clinical Medicine, Veterinary Medicine, and more.

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Other: