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Financial Economics MSc

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Fact file

Degree awarded
Master of Science
Duration
12 Months. [Full-Time] 24 Months [Part-Time]
Entry requirements

2:1 hons degree in Economics, Finance or related subject (eg Maths, Stats) or overseas equivalent. Candidates should have studied econometrics, microeconomics & macroeconomics, with at least one of these subjects in their final year of u/g studies. Students who do not meet these entry criteria may be eligible for the MA in Economics.

In addition to the normal supporting documents, applicants for the MSc Financial Economics must also supply the following:

-   A brief description of any macro & micro-economics/econometrics/mathematics/statistics courses taken on your undergraduate degree, detailing core texts used. This does not have to be an official document. A paragraph for each course unit taken and a brief list of the main textbooks used will be sufficient.

 Go to the Files to Download tab for an example of what is required.

MATHEMATICS AND STATISTICS PREPARATION FOR THE MSc

1. Please visit our pre-session maths website where you will find information about the minimum level of knowledge of mathematics and statistics that you should possess from your current or previous training.

2. On the same website, please look at the details and content of our Pre-Session course on mathematics and statistics which builds on the knowledge resumed in (1) and which is designed to equip you with further technical skills that you will require before starting the MSc. You are strongly advised to attend this course which is offered, free of charge.  The course will run during induction week and we recommend that you spend some time between now and September 2015 studying and familiarising yourself with the course material on the website, especially if you might not be able to attend the course.

Full entry requirements

How to apply

Course options

Full-timePart-timeFull-time distance learningPart-time distance learning
MScYYNN

Course description

The goals of the Programme

The demand for highly skilled experts in financial economics continues to increase rapidly in the modern economy. This demand exists in the public sector (central banks, international organisations, academic institutions) and especially in the private sector (commercial banks and insurance companies). This course is designed to meet this demand for those students who seek a quantitative degree in financial economics, by combining a solid training in microeconomic and macroeconomic principles, as well as the quantitative methods and theory needed for the analysis of financial markets.

The subject of Financial Economics

Financial Economics is a fascinating area, having a history marked by outstanding achievements. A remarkable feature of this discipline is that its theoretical highlights (such as the Black-Scholes formula) turned out to be extremely important in practice. Fundamental ideas and tools of Financial Economics that were developed at the interface between Mathematical Economics and Finance created new markets essentially based on concepts suggested by academics. A central goal of the course is to demonstrate the use of these ideas and tools in contexts where they are indispensable and widely exploited. The course will expose students to quantitative techniques and theory that will be useful to any actor in the financial industry - a portfolio manager, risk management consultant, or financial analyst.

Open days

For details of the next University Postgraduate open day, visit open days and visits

Fees

For entry in the academic year beginning September 2015, the tuition fees are as follows:

  • MSc (full-time)
    UK/EU students (per annum): £10,000
    International students (per annum): £17,000
  • MSc (part-time)
    UK/EU students (per annum): £5,000
    International students (per annum): £8,500

The fees quoted above will be fully inclusive for the course tuition, administration and computational costs during your studies.

All fees for entry will be subject to yearly review and incremental rises per annum are also likely over the duration of courses lasting more than a year for UK/EU students (fees are typically fixed for International students, for the course duration at the year of entry). For general fees information please visit: postgraduate fees . Always contact the department if you are unsure which fee applies to your qualification award and method of attendance.

Self-funded international applicants for this course will be required to pay a deposit of £1000 towards their tuition fees before a confirmation of acceptance for studies (CAS) is issued. This deposit will only be refunded if immigration permission is refused. We will notify you about how and when to make this payment.

Scholarships/sponsorships

Please see the School's funding page for further information.

Contact details

Academic department
School of Social Sciences
Contact name
Janet Smith
Telephone
0161 275 4471
Facsimile
0161 275 2450
Email
Website
www.socialsciences.manchester.ac.uk/disciplines/economics/postgraduate/
Academic department overview

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