Entry requirements

An undergraduate degree in finance, accounting, economics, management, science or engineering. UK: Upper Second Class Honours. China: 1st tier universities: 75% or above; 2nd tier universities: 80% or above. North America: 3.0 cumulative GPA (out of 4) or; 3.2 cumulative GPA in the final two years of your undergraduate programme. Other regions: Equivalent academic qualifications.

Months of entry


Course content

The MSc Economics programme provides high quality training in the subject areas of economics and financial economics. It is intended for those who want to develop the required knowledge and acquire the necessary skills in economics and financial economics in order to pursue a research-oriented career in academia, research institutions, central banks, international organizations and the financial industry. The MSc is awarded by the University of Liverpool but all modules are taught in Suzhou at the IBSS at XJTLU campus. All modules in the programme are taught at a Master’s level.

This programme is both a stand-alone Master’s programme with a University of Liverpool degree, as well as a pre-requisite to those who wish to study for a PhD degree in economics or financial economics. Students are registered as off-site University of Liverpool postgraduate research students, while physically enrolled in the programme at IBSS in China.

The IBSS PhD programme in Economics (which has the MSc as a prerequisite) has as its goal to offer the best PhD training in Economics in China and the best PhD programme related to the Chinese economy in the world. Detailed information about the doctoral programme is available at: http://academic.xjtlu.edu.cn/ibss/phd

The programme has a substantial theoretical and methodological core, which provides an essential basis for students moving on to Doctoral level study and an academic career. There is substantial demand for quality academics in China. The proposed programme is intended to meet that need. Industry opportunities may manifest themselves in the form of research posts in private and public sector organisations. The programme is consistent with XJTLU’s goals of becoming a top research university both in China and globally.

Core Modules

Students in this programme are required to take the following core modules, followed by a research project (dissertation). There will be a two-week intensive on mathematics and statistics at the start of the first semester.

  • Econometrics
  • Microeconomic Theory
  • Macroeconomic Theory (I)
  • Time Series Analysis

Optional modules

Students may choose four modules from the list below, according to the research interests of the student under the advice and guidance of the programme director, dissertation supervisor and other senior faculty of IBSS:

  • Mathematics for Economists
  • Probability Essentials for Financial Calculus
  • Information Asymmetries and Mechanism Design
  • Macroeconomic Theory (II)
  • Asset Pricing
  • Stochastic Modelling in Finance
  • Game Theory

Additional Learning Activities

The MSc programme also includes an additional 600 hours of Additional Learning Activity which will provide students with research and professionally-relevant skills and additional English training as required.

Fees and funding

UK students
RMB 120,000
International students
RMB 120,000


XJTLU offers a generous scholarship of 50% of the total tuition fee for all full-time masters programmes. All applicants for September 2015 will be considered for this scholarship, based on academic merit, and no separate application is required.

Qualification and course duration


full time
18 months

Course contact details

PG Enquiries