IELTS 6.5 overall, with no less than 6.0 in each component.
If you are an ambitious numerate graduate, or a practitioner in the field, this Masters degree will equip you with the analytical skills for a rewarding career supporting transport delivery and policy-making at national, regional and local level.
You'll study transport economics, as well as econometrics and cost-benefit analysis. This Masters degree will teach you a suite of economic skills to help promote economic growth within a regulatory framework that minimises any damaging health and environmental impacts, while incentivising the best use of resources.
You’ll also learn economic research techniques to 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.
Throughout this Masters degree, you’ll 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.
Through being part of a multi-disciplinary project team, you’ll also 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.
Our Masters degrees have been designed following close consultation with industry and academia to help prepare you for employment in your chosen field. They also address the multi-disciplinary nature of transport – enabling you to make effective decisions for clients, employers and society.
During the course, you’ll also gain experience of what it’s really like to work in the transport sector by collaborating with a project team of students from our other degrees through our Transport Integrated Project module.
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Year 1
Compulsory modules
Shaping Future Transport Systems15 credits
Principles of Transport Economics15 credits
Welfare Economics and Cost-Benefit Analysis15 credits
Transport Econometrics15 credits
Economics of Regulation15 credits
Economic Appraisal and Economic Performance15 credits
Transport Dissertation60 credits
Transport Integrated Project15 credits
Optional modules (selection of typical options shown below)
Green Logistics15 credits
Public Transport Planning and Management15 credits
System Dynamics: Modelling Policy15 credits
Choice Modelling and Stated Preference Survey Design15 credits
Transport in Development15 credits
Links with industry
We have close working relationships with a number of organisations and many employers visit the Institute for Transport Studies each year to interview our students for graduate schemes and other vacancies. We 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 the Institute for Transport Studies include Arup, Mott MacDonald, AECOM, Capita, Transpennine Express, Transport for London, Pell Frischmann, Leigh Fisher, JMP, Amey and Hyder among many others.
Graduate destinations
A degree from the Institute for Transport Studies opens up a range of opportunities to develop a challenging and rewarding career. Transport consultancies are the largest employers of our graduates, but other common careers include those in government, academia, regulatory bodies, transport operators, logistics companies, not-for-profit and international agencies.
Our 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 the Institute for Transport Studies and the University’s Careers Centre. We have a dedicated Careers Consultant from the Careers Centre who works with our Masters students, delivering bespoke presentations and one-to-one consultations with students on their career plans.
We also invite alumni back to share their experiences of developing a career in the transport sector.
300 GBP/year
