MSc Economics

The Mission of the Programme 

The MSc Economics programme provides rigorous training on core areas of economics that will equip students for the world of work in government, international organisations, companies, research institutes, and academics. The mission of the Department of Economics at Pan Atlantic University has three core elements: to equip students with appropriate skills and ideas of modern economics relevant to society and necessary for the career success of our graduates; to conduct basic and applied research that contributes to the solution of the challenges facing humanity; and to positively impact our community by ensuring it benefits from the rewards of our rigorous teaching and learning activities, in keeping with the overall mission of the university. Central to the mission is our understanding that ethical behaviour, freedom, openness and inclusiveness must signpost the successful multicultural educational community we are dutifully building. 

Download SMSS Masters in Economics Brochure

Download programme flyer

The philosophical foundation of the MSc Economics programme is intended to provide a solid foundation of knowledge and skills needed to understand and make contributions to the development of Nigeria and the global community through a thorough understanding of the workings of an economy and the constructive use of that knowledge in a range of settings. Emphasis will be given to the development of critical thinking, deductive, and inductive reasoning skills. Graduates will be able to abstract, using simplified models that identify the essence of a problem, analyse and reason – both inductively and deductively, marshal evidence, assimilate structure and analyse quantitative and qualitative data, to communicate the results concisely to a wide audience, including those with no training in Economics, and to think of the limits of one’s analysis in a broader socio-economic context. They will have the ability to draw economic policy inferences and recognise the potential constraints to their implementation. They will acquire a capacity for ethical and competent professional performance. 

Guiding Principles for the Programme

The following are the guiding principles for the MSc Economics programme: 

a. The postgraduate degree programme in Economics will be offered to Bachelor of Science holders, thus preparing them to play an active role in nation-building. 

b. The programme will impart an education that is relevant to the needs of the nation and of international standards. The relevance of the programme’s content will be ensured by fostering a strong relationship with the industry. 

c. The programme will give particular emphasis to teaching and research. The academic staff will be encouraged to engage in research and attend conferences of relevance across the world. This is expected to ensure a continuous improvement in their teaching and maintain its relevance to the needs of the nation. 

d. The programme will be concerned with the integral formation of the individual and will focus on the development of values and ideals. Professional ethics will permeate all teaching activities in the programme.

The basic objectives of the Economics postgraduate programme are:

a. to provide our students with appropriate analytical skills to lay the
the groundwork for lifelong learning;

b. to enable our students to become policy-literate and thus be more informed as

c. to encourage the use of experiential learning, including cooperative
education, as a means to introduce students to the world of work, reinforce
classroom teaching, and assist in the development and advancement of
career goals;

d. to prepare our students for successful careers as economic analysts; who
can contribute to the fields of finance, research, policy and decision making.

  • Candidates seeking entry to the M.Sc. programme in Economics should hold a bachelor’s degree (Second Class Honours or above) in Economics and related disciplines.
  • Candidates will be required to satisfy the Department in a selection process through an entrance examination and interview.
  • Candidates must have five credit passes including English and Mathematics at the O’level.
  • Candidates from other related disciplines will be offered provisional admission and are expected to undergo an online bridge programme for 2 months (July-August) and must meet 80% online class attendance.
  • A confirmation of the provisional admission is subject to meeting a minimum grade of 50% in each of the courses.

Application Period: January – August

Entrance Exam Date: February – August

Annual Start Date: September

Online Bridge Programme: July- August (Compulsory for candidates from other related disciplines)

The following regulations shall govern the conditions for the award of Master
of Science (MSc) degree;
(a) Candidates should have registered for a minimum of 45 units of courses.
(b) Candidates must have registered and passed all the compulsory courses
specified for the programme

  • The minimum number of Earned Credit Hours for graduation:
    To graduate, the candidates must have passed a minimum of 33 units (which
    must include the compulsory units).
    Core Courses: 27 Credit Units
    Elective Courses: 12 Credit Units
    Dissertation: 6 Credit Units
    Total: 45 Credit Units


  • Minimum No. of years for Graduation: One and half-year

Full Time: N3, 500, 000

 However, the fees can be paid in installments as follows: 


· Plan A: 

Full Tuition Fees:  N3, 500, 000 with a 2.5% discount (N3, 412, 500)

 (The discount is applicable if payment is made upon admission in September 2024)


Plan B:

  • 1st Semester Fees: N1, 166, 667 (upon admission in September 2024)        
  • 2nd Installment: N1, 166, 667 (March 2025) 

(The same fees are applicable in the 3rd semester)


Plan C:

  • 1st Semester Fees: N500, 000 (upon admission in September 2024)
  • 2nd Installment: N333,333.5k(November 2024)
  • 3rd Installment: N333,333.5k   (January 2025) 

(The same fees are applicable in the remaining 2 semesters)

Application Period: January – August
Entrance Exam Date: February – August
Annual Start Date: September
Online Bridge Programme: July- August (Compulsory for candidates from other related disciplines)

Application Fee: N10,000 to be paid after filling the application form online via

Entrance Exam Type: Aptitude test and Oral assessment.

For further enquiries, please contact:

Admissions Office
Pan-Atlantic University (Main Campus),
Km 52 Lekki-Epe Expressway, Ibeju-Lekki, Lagos.
Ndidi (0708 864 1465)
Joy (0816 482 0228)
Lekan (0813 555 1765)
David (0701 782 5427)