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OVERVIEW OF PROGRAMME
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The MSc. Economics with Informatics programme seamlessly combines economics and information science to equip students with
skills for data-driven decision-making and complex problem solving. It is designed to prepare students to drive
economic development through Micro/Macroeconomic thinking, data processing, and proficiency in digital and AI tools.
The programme stands out for its focus on sustainable economic development and informatics-driven solutions. Students explore cutting-edge courses in data analytics, information systems, and AI applications while also delving into energy sustainability through Local Energy Access Solutions, Mini-Grid Planning and Design, and Appliances for Off-Grid Communities. These energy courses, developed by the Transforming Energy Access Learning Partnership (TEA-LP), connect students with expansive network, opening unparalleled opportunities in the sustainable energy sector.
Ultimately, the MSc. Economics with Informatics at GCTU goes beyond a conventional economics programme. It is a transformative educational journey designed to prepare students for a rapidly digitalizing world, equipping them with a unique competitive edge that bridges the gap between economics, informatics, and sustainability.
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The MSc. Economics with Informatics programme seamlessly combines economics and information science to equip students with
skills for data-driven decision-making and complex problem solving. It is designed to prepare students to drive
economic development through Micro/Macroeconomic thinking, data processing, and proficiency in digital and AI tools.
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STRUCTURE
The MSc Economics with Informatics is a 12-month, full-time programme structured across two semesters, carefully designed to balance core and elective courses for a well-rounded academic experience. In the first semester, students complete foundational core courses complemented by three elective courses, allowing them to tailor their learning to personal interests and career goals.
The second semester advances into more specialized topics, combining core courses with two additional electives and a 6-credit thesis project. Students are required to accumulate a total of 42 credit hours, ensuring they graduate with both theoretical knowledge and practical skills. Details of the semester requirements are shown below.
SEMESTER 1 COURSE CODE CORE COURSES CREDIT HOURS BUEC 501 Microeconomic Theory 3 BUEC 503 Research Method for Economists 3 BUEC 509 Informatics For Economics 3 BUEC 547 Local Solutions for Energy Access 3 ELECTIVE COURSES (CHOOSE 3) BUEC 531 Management Information Systems in Industrial Organizations 9 BUEC 537 Behavioural And Experimental Economics BUEC 543 Economics Of Innovation and Technological Development BUEC 551 Data Security and Privacy BUEC 546 Sustainable Economic Development BUEC 549 Financial Informatics TOTAL CREDITS 18 SEMESTER TWO CORE COURSES BUEC 502 Macroeconomic Theory 3 BUEC 504 Applied Econometrics & Data Analysis 3 BUEC 544 Business Intelligence 3 BUEC 500 Thesis 6 ELECTIVE COURSES (CHOOSE 2) BUEC 532 Data Mining 6 BUEC 538 Appliance For Off-Grid Communities BUEC 510 Information Economics and Game Theory BUEC 542 Mini-Grids: Planning and Design BUEC 548 Agricultural Economics and Development BUEC 550 Industrial Informatics TOTAL CREDITS 24 -
REQUIREMENTS
- A good first degree with at least a second-class division in the field of economics, statistics, actuarial science, and Business administration from a recognized university is required for admission (Individuals without these requirements will go through interviews).
- Students with strong mathematical and quantitative background are strongly encouraged to apply for admission.
- Students must obtain a minimum of 42 credits, passing all the prescribed courses in order to graduate.
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WHY CHOOSE A PROGRAMME
Students’ Admission, Progression and Graduation
The MSc Economics with Informatics at GCTU offers a unique and transformative learning experience, equipping students with the skills and knowledge to excel in a digital-first economy. Here's why this programme stands out:
Integrated Knowledge for a Digital World:
This programme bridges the gap between traditional economic principles and cutting-edge data-driven decision-making by combining economics with informatics. Students gain the skills to analyze, interpret, and leverage economic data effectively in today's technology-driven world
Focus on Sustainability and Local Impact:
With specialized courses in energy sustainability, such as Local Energy Access Solutions and Mini-Grid Planning, the programme prepares students to address real-world challenges in sustainable development. Graduates are uniquely positioned to contribute to solving pressing economic and environmental issues, especially in emerging markets like Ghana
Practical and Research-Oriented:
A strong focus on research and practical application ensures graduates are not just well-versed in theory but also capable of tackling complex economic problems through evidence-based solutions. The dissertation project and advanced econometrics training further solidify their expertise.
Career and Networking Opportunities:
The programme offers unparalleled opportunities to engage with industry leaders, organizations, and projects in sustainable energy and economic development by connecting students to the Transforming Energy Access Learning Partnership (TEA-LP) network
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CAREER OPPORTUNITIES
Graduates of the MSc Economics with Informatics programme are uniquely positioned to excel in diverse career paths that leverage their expertise in economics, informatics, and sustainability. Here are some potential opportunities:
Data Analyst/Economist
: Use advanced data analysis and econometrics skills to evaluate economic trends, forecast market behaviour, and guide policy-making for businesses, governments, and international organizations.Sustainable Development Specialist
: Work with NGOs, energy companies, or international agencies to design and implement sustainable economic and energy access solutions for underserved communities.Energy Policy Advisor
: Leverage knowledge in energy sustainability and informatics to shape policies that drive energy access and sustainable development.Business Intelligence Analyst
: Apply expertise in business intelligence systems to interpret complex economic data and provide actionable insights for organizational decision-making.Economic Consultant
: Offer specialized consulting services in areas such as agricultural economics, innovation policy, industrial informatics, or sustainable economic development.Informatics Specialist in Economic Development
: Develop and manage information systems that support economic and industrial organizations, optimizing operations and improving outcomes.Academia and Research
: Pursue a career in teaching or research, contributing to advancing knowledge in economics, informatics, and sustainable development.Policy Analyst
: Analyze and develop policies that address economic challenges, including energy access, technological innovation, and industrial development.Entrepreneur
: Start or manage ventures in sectors like green energy, tech innovation, or data-driven economic services, creating sustainable business solutions.
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DATES/TUITION
Important Dates and TimelinesEvent Tentative Date Deadline for Student Applications May 10, 2025 Notification of Acceptance May 24, 2025 Registration Deadline June 8, 2024 Classes Begin June 15, 2025 Fees and Financial Aid
- Fees: GH₵ 9,500
- 60% of fees shall be paid within 2 weeks from the beginning of the first Semester.
- The remaining 40% shall be paid within 2 weeks from the reopening date of the 2nd Semester.
- Notwithstanding (1) & (2), students can pay 100% of fees in the 1st semester.
Financial Aid:
- Admission is strictly based on merit, completely detached from the students' financial capacity to cover associated tuition fees. Once admitted, there exist various schemes to offer financial aid, contingent upon both need and academic prowess.
- Each scholarship or aid package is re-evaluated, taking into account academic performance, financial necessity, resource availability, and current University guidelines. Our institution is dedicated to extending the maximum financial support possible, constrained only by its fiscal capabilities. However, it is pertinent to acknowledge that the University might not be equipped to fulfill every financial aid request. As such, candidates are strongly advised to procure as much personal funding as they can muster.
- Your financial need and the specifics of your aid application have no bearing on your admission prospects.
- We provide an array of merit and need-Based financial assistance for students who align with eligibility criteria, including: TEA-LP Financial Assistance