Finance and Economics (MSc) 2021 entry
The MSc in Finance and Economics provides advanced training in the theoretical tools and empirical techniques for economics and finance, preparing students for a professional career in international banking, the finance industry and governmental agencies.
Postgraduate, leading to a Master of Science (MSc)
- Start date: 6 September 2021
- End date: 30 September 2022
Information about all programmes from previous years of entry can be found in the archive.
One year full time
- A strong 2.1 Honours degree from a recognised UK university in Economics or Finance with a significant Economics component; or a 2.1 joint Honours in Economics and another subject that includes substantial training in microeconomics, macroeconometrics and econometrics. If you studied your first degree outside the UK, see the international entry requirements.
- English language proficiency. See English language tests and qualifications.
The qualifications listed are indicative minimum requirements for entry. Some academic Schools will ask applicants to achieve significantly higher marks than the minimum. Obtaining the listed entry requirements will not guarantee you a place, as the University considers all aspects of every application including, where applicable, the writing sample, personal statement, and supporting documents.
Wednesday 11 August 2021. Applicants should apply as early as possible to be eligible for certain scholarships and for international visa purposes.
- CV or résumé
- either a detailed personal statement including a list of current modules being undertaken (1,000 words) or a sample of academic written work (2,000 words)
- two academic references
- academic transcripts and degree certificates
- evidence of English language proficiency (required if English is not your first language).
For more guidance, see supporting documents and references for postgraduate taught programmes.
Masters programmes in Economics and Finance
Watch students and staff discuss the Masters programmes available in the School of Economics and Finance.
Each compulsory module typically comprises:
- 20 lecture contact hours
- 5 or 10 contact hours for seminars, workshops and tutorials
- intensive independent study
For more details about each module, including weekly contact hours, teaching methods and assessment, please see the latest module catalogue, which is for the 2020–2021 academic year; some elements may be subject to change for 2021 entry.
You must take three compulsory modules in Semester 1. These are:
- Econometric Methods and Applications: advanced level training in econometric methods.
- Investment Analysis: investment value analysis, risk and return.
and one of:
- Macroeconomics: advanced treatment of the core models and concepts used in modern macroeconomics.
- Microeconomics: advanced treatment of the core models and concepts used in modern microeconomics.
In Semester 2, students take one compulsory module and can choose two optional modules from a selection of topics. The compulsory module is:
- Corporate Finance: investigates the relationship between corporate liabilities and corporate actions.
In your second semester, you will have the opportunity to choose two modules from a selection of topics. The assessment patterns for individual optional modules may vary from the assessment patterns for compulsory modules.
Examples of optional modules that may be offered include:
- Behavioural Finance: examines the effects of behavioural biases in financial markets.
- Corporate Governance and Risk: covers three key components: corporate governance, risk management, and financial management.
- Econometric Time Series Analysis: provides an advanced treatment of the core theory and practice of time series econometrics.
- Experimental Economics and Finance: focuses on the methodology of experimental economics and the dialogue between theoretical and laboratory-based empirical work.
- Game Theory: provides a thorough advanced treatment of the core models and concepts used in modern game theory.
- Industrial Economics: focuses on the structure and mechanisms governing markets and on the way firms compete against each other in the pursuit of profit maximisation.
- International Trade and Migration: examines the causes and consequences of international trade and migration, combining theory with empirical applications.
- Monetary Policy: key issues in monetary policy.
- Portfolio Theory and Management: studies key issues in asset allocation, and portfolio composition and management at an advanced level.
- Risk Management: teaches standard techniques in risk and insurance problems.
MSc Finance and Economics students may take up to one advanced undergraduate optional from the following in the second semester:
- Behavioural Economics
- European Macroeconomics
- Econometrics of Impact Evaluation
The topics, and therefore module titles, vary year on year as they reflect the research interests of staff. Optional modules require a minimum number of participants to be offered; some may only allow limited numbers of students (see the University’s position on curriculum development).
The final element of the MSc is a 15,000-word dissertation. The dissertation should be on an area of either finance or economics that you are interested in, chosen in discussion with your supervisor who will support you through the process.
You will receive training in Semester 1 in framing a hypothesis, conducting bibliographic research, writing a literature survey, and structuring a dissertation.
The modules listed here are indicative, and there is no guarantee they will run for 2021 entry. Take a look at the most up-to-date modules in the module catalogue.