Institute for Transport Studies (ITS)

Transport Economics MSc
(Full time / Part time) 2017 start

Overview

Key facts

Start date
September 2017

Book your place.  Masters Open Day Friday 28 April 2017

Fees
UK/EU fees: £7,000 (total)
International fees: £17,750 (total)

Online application code
MSC-TRN/EC

Duration of MSc
12 months full time
24 months part time

Course terms and conditions

If you are an ambitious numerate graduate, or a practitioner in the field, this Masters will equip you with the analytical skills for a rewarding career supporting transport delivery and policy-making at national, regional and local level.

97% of our graduates find employment in a professional or managerial role, or continue with further studies.*

Study transport economics, as well as econometrics and cost-benefit analysis.

Develop a suite of economic skills that will help promote economic growth within a regulatory framework that minimises any damaging health and environmental impacts, whilst incentivising the best use of resources.

Expand your fluency in:

  • Economic appraisal – to better understand the complex interface between transport and the wider economy
  • Micro-economics – to understand pricing techniques, the importance of economic regulation and the valuation of third party costs and benefits
  • Econometrics – to develop your quantitative models with real world data and test economic theories
  • Independent research – opening the gateway to a career in transport research in either academia or consultancy.

Also experience what it is like to be part of a project team working across disciplinary boundaries within the transport sector. Through this, gain insights into how economics, planning, environmental science, modelling and engineering can work together to design sustainable solutions to global challenges. This industry-inspired approach will enable you to apply your knowledge to real-world issues in the field.

Your colleagues will be among the best and brightest from Latin America to the Far East, from Africa to Europe and the UK. Together, you will learn economic research techniques that will help you develop transport networks that are founded on robust evidence, sustainable and equitable principles, state-of-the-art modelling, accurate data analysis, and an understanding of human psychology.

*Higher Education Statistics Agency (HESA), Destinations of Leavers from Higher Education (DLHE) 2015, www.hesa.ac.uk

ITS – the global institute teaching the transport leaders of tomorrow.

Student Profile

"ITS is one of the few places in the world to offer a degree in Transport Economics... a transport course primarily with practical examples, instead of an economics course with some transport theory."

Brad Woodworth, MSc Transport Economics

We have redesigned our suites of courses following close consultation with Industry and academia.

With a strong focus on industry needs, our degrees will prepare you for employment in your chosen field. They will also address the multi-disciplinary nature of transport – enabling you to make effective decisions for clients, employers and society.

And to experience what it’s really like to work in the transport sector, collaborate with a project team of students from our other degrees through our new Transport Integrated Project module.

Research environment

The Institute for Transport Studies (ITS) was established as the UK’s first multi-disciplinary transport department, and we continue to lead the field with our research.

Our economics research has been successful in bridging the interface between academia and industry. For example, CQC (Cost, Quality, Customer) Efficiency Network initiative which is based at ITS and a joint venture between the National Highways & Transport Network (NHT) and the University of Leeds. The CQC Efficiency Network offers local authorities throughout Britain the ability to quantify the scope for cost savings in the delivery of highway services and to identify better practises.

Other Study Options

This programme is available part time, allowing you to combine study with other commitments. You can work to fund your studies, or gain a new qualification without giving up an existing job. We aim to be flexible in helping you to put together a part-time course structure that meets your academic goals while recognising the constraints on your study time.

The programme manager is Dr Phill Wheat.

You can also study this subject at Postgraduate Diploma level, part time or full time, or at Postgraduate Certificate level with our PGCert in Transport Studies.

Accreditation

This programme fulfils the educational requirements for membership of the Chartered Institute of Logistics and Transport (CILT UK).


Student profile

"I like the mix of academic disciplines. I like that I have lectures with an engineer, a mathematician and an economist. It’s interesting having a range of different perspectives for a given topic."

John Buckell, MSc Transport Economics

Course terms and conditions

Course content

Student Profile

"My classmates come from all over the world and it’s very interesting to hear about various transport applications in different countries. "

Hsin Pei Shan, MSc Transport Economics

Read More

In Semester one, study core modules that lay the foundations of the programme and develop your knowledge of key principles and topics in transport economics, as well as econometrics and cost-benefit analyses. You will also be exposed to the multiple disciplines applicable within the transport sector and have an overview of transport modelling, planning and engineering and how these fit with your discipline.

This will prepare you to expand your understanding and gain specialist knowledge in Semester two. You’ll have the chance to focus on a variety of topics such as public transport planning, funding of infrastructure projects, investment appraisal and transport in the context of development.

To experience what it’s really like to work in the transport sector, you will collaborate with a project team of students from our other degrees through our new Transport Integrated Project module. Employing project management scenario-based learning, you will cover a range of transport disciplines and be supervised by experts in the field. Join forces to develop a solution to a ‘real-world’ transport problem, identifying how your own interests need to interact effectively with others to achieve an effective solution.

You’ll gain a range of specialist knowledge and advanced research skills throughout the programme. In your dissertation, you’ll apply these to a project chosen from a wide range of topics. Some topics are suggested and supported by industry, giving you the chance to address a real-world problem and gain experience of working with industry. Your supervisor will support you throughout the process of developing your dissertation topic.

If you choose to study part-time, you’ll study over a longer period and take fewer modules in each year. The part-time programme is flexible – the quickest route takes 24 months, but you can take up to 36 months if you choose to spend longer working on your dissertation.

Course structure

These are typical modules/components studied and may change from time to time. Read more in our Terms and conditions.

Year 1

Compulsory modules

  • Shaping Future Transport Systems 15 credits
  • Principles of Transport Economics 15 credits
  • Welfare Economics and Cost-Benefit Analysis 15 credits
  • Transport Econometrics 15 credits
  • Economics of Regulation 15 credits
  • Economic Appraisal and Economic Performance 15 credits
  • Transport Dissertation 60 credits
  • Transport Integrated Project 15 credits

Learning and teaching

Postgraduate study involves a range of teaching methods, supported by independent learning. In addition to the traditional lecture and seminar formats, you’ll experience a blend of workshops, computer exercises, practical sessions, directed reading, reflective journal, student-led discussions, fieldwork and tutorials.

Assessment

Assessment is equally varied and can include coursework essays, case-study reports, group assignments, posters, presentations and exams.

Applying, fees and funding

Entry requirements

A bachelor degree with a 2:1 (hons) in economics (single or joint honours).

Graduates from other disciplines with professional qualifications and experience in the sector will also be considered.

We accept a range of international equivalent qualifications. For information contact the ITS admissions team.

English language requirements

IELTS 6.5 overall, with no less than 6.0 in any component. For other English qualifications, read English language equivalent qualifications.

Improve your English

If English is not your first language, you may be able to take a pre-sessional course before you begin your studies. This can help if you:

  • don't meet the English language requirements for your course or
  • want to improve your understanding of academic language and practices in your area of study.

Our pre-sessional courses are designed with a progression route to the degree programme and are tailored to the subject area. For information and entry requirements, read Language for Engineering (6 weeks), Language for Science (6 weeks), Language for Science: Engineering (10 weeks) and Language for Science: General Science (10 weeks)

How to apply

Application deadlines

We don’t have a specific application deadline, but we recommend you apply as early as possible, especially if you are hoping to apply for a scholarship.

This link takes you to information on applying for taught programmes and to the University's online application system.
 
If you're unsure about the application process, contact the admissions team for help.

Documents and information you’ll need

  • Two references
  • Your degree certificate and transcript, or a partial transcript if you’re still studying
  • Evidence of your English language qualifications, if English is not your first language.

Please also refer to our FAQs.

Visas and immigration

Read about visas, immigration and other information in International students. We recommend that international students apply as early as possible to ensure that they have time to apply for their visa.

Admissions policy

Link to admissions policy document

Fees

UK/EU fees: £7,000 (total)
International fees: £17,750 (total)

Read more about paying fees and charges.

For fees information for international taught postgraduate students, read Masters fees.

Part-time fees are normally calculated based on the number of credits you study in a year compared to the equivalent full-time course. For example, if you study half the course credits in a year, you will pay half the full-time course fees for that year.

Additional cost information

Students wishing to attend the optional European Field Trip are advised to allow a minimum of £500 for accommodation and travel during the week-long trip.

There may be additional costs related to your course or programme of study, or related to being a student at the University of Leeds. Read more about additional costs

Scholarships and financial support

The Institute, the University of Leeds and other organisations administer a number of scholarships each year for UK, EU and international students.

Read more about specific funding available for Institute for Transport Studies students.

Find out more about help in the form of loans and non-repayable grants from the University and from the government by visiting Postgraduate funding.

Career opportunities

Links with industry

ITS has close working relationships with a number of organisations and many employers visit ITS each year to interview our students for graduate schemes and other vacancies. ITS also regularly circulates specific job vacancies to students.

Our students are highly sought after and have a good reputation with transport consultants, and may receive a job offer before or shortly after graduation.

The organisations that have advertised and/or recruited directly from ITS include Arup, Mott MacDonald, AECOM, Capita, Transpennine Express, Transport for London, Pell Frischmann, Leigh Fisher, JMP, Amey and Hyder among many others.

Read more about Graduate Employability at the Institute for Transport Studies.

Graduate destinations

A degree from ITS opens up a range of opportunities to develop a challenging and rewarding career. Transport consultancies are the largest employers of ITS graduates, but other common careers include those in government, academia, regulatory bodies, transport operators, logistics companies, not-for-profit and international agencies.

ITS graduates work across the private and public sectors. Many work abroad, whether for UK companies with overseas offices, for international organisations or for national governments.

Careers support

You’ll be provided with a wide range of support geared towards helping you secure the right employment after graduation.

Each year there are a number of events provided both by ITS and the University’s Careers Centre. We have a dedicated Careers Consultant from the Careers Centre who works with ITS students, delivering bespoke presentations and one-to-one consultations with students on their career plans.

We also invite former students back to ITS to share their experiences of developing a career in the transport sector.

Find out more about Employability at ITS

Field trips

Transport at ITS is an applied subject. We offer plenty of opportunities for students to experience transport systems in action, both within the UK and Europe, allowing you to meet and hear directly from transport professionals and see what you’ve learned in practice.

For many of our students, the highlight of their year is the European Field Trip. This week-long trip which takes place after the summer exams and has been a fixture in the ITS calendar since 1987. The itinerary varies from year to year, but has often included Belgium, The Netherlands and Germany.

Stops en-route have included Pedestrian Centres and Docklands Transport in Rotterdam; Cycle and Traffic Calming Facilities in Delft; the Motorway Traffic Control Centre in Amsterdam; the Guided Bus System in Essen; the Wuppertal Monorail; Town Planning features in Duisburg and Dusseldorf; research talks at the University of Hasselt, and visit to the Brussels Metro.

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