How can one obtain a Masters Degree in Economics in Nigeria? Well, the only way to obtain an academic degree in Nigeria is through the completion of a program for that degree. The same is applicable to obtaining a Masters Degree in Nigeria.

The Master of Economics which is also known as (M.Econ., M.Ec.) is a post-graduate degree in economics that widely comprise of training in economic theory, and applied economics principle. This degree is sometimes offered as an MS in Economics, MA in Economics, a Master in Economic Sciences (M.Econ.Sc.), and MCom in Economics, a Master of Applied Economics.

Why should you go for a Masters in Economics?
In case you are still not familiar with this degree, an Economics degree is one of the social sciences degrees that is concerned with the fulltime analysis of all necessary factors that impact the production, distribution, and consumption of goods and services.

Of course, that implies taking a look at goods and services from the production level to the consumption level with the perspective of economic agents (i.e. buyers and sellers) and the market (the buying and selling process) a whole. The subject combines both micro and macroeconomics and it is one of the branches of social sciences like sociology, international studies, mathematics, and statistics.

The difference between economics at the undergraduate level and economics at postgraduate levels is that, at the postgraduate level, there is an in-depth study of the mathematical aspect of Economics to students. Some institutions offer preparatory courses in some social sciences like mathematics and statistics for students who wish to further to a Master in Economics but do not have a strong background in mathematics.

Students who have made the decision to further their education to Master’s level should be prepared to dig deeper into independent research through complex statistical data and those who are willing to study more on social issues through qualitative and quantitative researching methods.

Available Economics Postgraduate Programmes Offered In Nigerian Universities
Almost all accredited universities in Nigeria offer Postgraduate program on Economics under the Department of Economics which leads to the award of one of the following Masters in Economics Degrees:

  1. Doctor of Philosophy (Ph.D. (Economics)
  2. Master of Philosophy (M.Phil.) (Economics)
  3. Master of Science (M.Sc.)  (Economics)
  4. Master of Science (M.Sc.) (Banking and Finance)
  5. postgraduate Diploma (PGD)( Economics)
  6. Postgraduate Diploma (PGD)( Banking and Finance)

Objectives and Scopes of Economic postgraduate Programme:
In keeping to the standard of the Nigerian University system and in line with the NUC minimum benchmark for Postgraduate programs in Economics, Economics postgraduate programs are to be offered under the Department of Economics and the degree program is designed to promote advanced training and deeper research in Economics.

One of the most important aims of Masters Degree in Economics in Nigeria is to explore, train and develop highly competent and versatile economists through the inculcation of relevant academic and professional knowledge needed to meet and curb the economic challenges in the Nigerian economy system in the context of globalization.

Such professional economists are well armed to play vital roles in the socio-economic advancement of Nigeria, Africa, and the world at large.

Areas of specialization in Masters Degree in Economics in Nigeria include:

  1. Economic Theory
  2. Econometrics.
  3. Monetary Economics.
  4. Labour and Industrial Economics.
  5. International Economics
  6. Development of Economics
  7. Economic Planning.
  8. Mathematical Economics.
  9. Mathematical Statistics.
  10. Operations Research.
  11. Petroleum and Energy Economics.
  12. Finance and Public Sector Economics.
  13. Environmental Economics, and
  14. Health Economics.

Available Online Masters Programmes in Economics-Related Courses For Nigerian Students.

University of Leicester Online Masters Programme.

  • Degree: MSc in Finance
  • Location: Leicester, United Kingdom
  • Description: The Leicester MSc in Finance is a rigorous programme and is both intellectually challenging and ambitious.
  • Programme: Part-time
  • Duration: 24 – 30 months
  • Language: English
  • Study Platform: Online

The London Institute of Banking and Finance

  • Degree: Master of Science – Banking and Finance
  • Location: Sharjah, United Arab Emirates
  • Description: Get a Master of Sciences from the World’s oldest and most reputed domain specific body in Banking and Finance System.
  • Programme: Full-time
  • Language: English
  • Study Platform: Online

 Joseph Ayo Babalola University

  • Degree: Masters of Science in Accounting (M.Sc.)
  • Location: Ilesa, Nigeria
  • Programme Type: Full-time
  • Language: English
  • Platform: Online

Covenant University

  • Degree: Master of Accounting
  • Location: Nigeria Online, Nigeria
  • Description: The Department’s Academic programme is rich in depth and breadth.
  • Degree: MSc in Accounting
  • Programme Type: Part-time
  • Language: English
  • Study Platform: Online

Igbinedion University, Okada

  • Locations: Benin City, Nigeria
  • Languages: English
  • Study Type: Campus
  • Programme Pace: Full-time
  • Programme Description: The purpose of the MSc (Accounting) degree program is to produce competent academic & professional accountants and financial experts.

The University of Leicester Masters in Risk, Crisis & Disaster Management (MSc)

  • Location: Leicester, United Kingdom
  • Degree Description: The MSc in Risk, Crisis & Disaster Management uses risk theory in an interdisciplinary analysis of the cause, effect & extent of a crisis or disaster.
  • Degree type: MSc
  • Programme Type: Part-time
  • Language: English
  • Study Platform: Online

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