MSc Financial Economics
|Duration||Full time 1 year|
This programme is a springboard into a career as an economist. Whether you are looking to work in the Civil Service, a leading bank, a multinational organisation or an insurance company, this programme can help you achieve your aims. It is also an ideal choice for anybody who sees his or her future as an analyst for a major investment company.
The programme is designed to provide an understanding of economic and financial theory, together with specialist econometric and mathematical techniques. It provides a platform for economics students with a particular interest in finance and will also be of interest to applicants who are already practicing economists or have work experience in the financial sector.
Completion of the MSc in Financial Economics is an excellent foundation for progression onto a research degree. At the heart of the programme are core modules in financial theory, plus a choice of further options in Finance, Economics or Econometrics. Non assessed intensive computing training covering Thomson Reuters Datastream and other financial databases and software, is incorporated into relevant modules. Alongside the formal lecture programme, you will be able to participate in the Economics Seminar Series. The summer dissertation represents your chance to carry out original research in financial economics.
This programme forms part of the ESRC South West Doctoral Training Centre – a hub of world-class social sciences research. More information about SWDTC
Study abroad and gain a second Masters qualification
The double degree option enables you to gain a second Masters qualification by studying for a year with one of our prestigious partner universities. Specific to this programme is a Double Degree opportunity with Fudan University School of Economics. For more information on this and other postgraduate study abroad opportunities, visit the Business School’s Study Abroad webpages.
Current available funding
This programme is available for study 12 months full-time over three terms and is University-based throughout this time. The taught components of the programme are delivered in the first two terms, leaving the third term and most of the summer to research, write and submit your dissertation. The programme in its entirety runs from September to September.
During the programme you will study modules (including the dissertation) totalling 180 credits.
Please note that programme structures may be subject to change.
- Descriptions of the individual modules are given in full on the Business School postgraduate module list.
The modules we outline here provide examples of what you can expect to learn on this degree course based on recent academic teaching. The precise modules available to you in future years may vary depending on staff availability and research interests, new topics of study, timetabling and student demand.
Learning and teaching
Our postgraduate taught programmes utilise a range of teaching methods including lectures, seminars and tutorials.
The aim of lectures is to give you information on ideas that are central to the module and to help you in developing your understanding of complex ideas. Many of the teaching materials for lectures are made available to you electronically to accompany the notes you take during the lecture. Lectures are given by a range of staff members, including leading professors, who integrate their latest research findings into the teaching that you receive. Guest lecturers, including members of industry, also contribute to some modules.
Seminars and tutorials
Seminars and tutorials involve an in-depth exploration of the issues covered in lectures as well as giving you the opportunity to discuss various concepts and theories and receive feedback on your written assignments. As a postgraduate students in the Department of Economics you will be able to participate in the established Economics Seminar Series.
Modules are assessed through a mixture of group work, coursework, project work and examinations; the weighting of each of these components will vary according to the academic requirements of the module. Examinations are normally held at the end of the module, in January and May/June.
Our Master’s programmes are designed to prepare you for a successful career, wherever in the world you plan to work. Employers expect advanced communication and technical skills, team-working and independent research, project-management and the very latest specialist knowledge from their postgraduate recruits.
Our MSc in Financial Economics enables you to develop the professional, research and economic skills and subject expertise that will make you a valuable asset from the start of your career.
An MSc in Financial Economics provides a platform for economics students with a particular interest in finance and will also be of interest to applicants who are already practicing economists or have work experience in the financial sector. This is also an excellent programme from which to launch an academic career by later pursuing your own PhD research topic in economics.
Careers in Economics
You may choose to apply an MSc in Economics in a variety of roles including:
- Financial risk analyst
- Investment analyst
According to your location and career goals, you might target Civil Service opportunities like the Bank of England in the UK, or Treasury opportunities in countries around the world. You can work in both public and private sector roles and in large, multi-national companies or SMEs. International organisation like the International Monetary Fund, the Organisation for Economic Cooperation and Development (OECD), the EU Commission or UN, together with banks, insurance companies, accounting firms, consultancies and not-for-profit organisations all seek economists with the latest technical expertise and knowledge.
By carefully selecting your optional modules such as Banking & Financial Services, Domestic & International Portfolio Management, International Trade & Regional Integration, Financial Econometrics or Economics of Banking (and others) you can start to develop a specialisation to enhance your employability and achieve your career goals.
Graduates from this programme have secured roles in a variety of organisations including The Bank of Jamaica, Bank of China, HSBC, S & P Capital IQ, and First Great Western.
Further information can be found at:
- Prospects.ac.uk - Types of jobs: Accountancy, banking and finance
- Prospects.ac.uk - Economist: Employers and vacancy sources
- TARGETjobs - Economist: job description
- TARGETjobs - Finance graduate careers advice
Our Careers & Employability team will help you identify your career path and support your route to a fulfilling global career.
Developing your skills and career prospects
The University of Exeter Business School provides a range of support to help you develop skills attractive to employers. Visit our postgraduate Building brilliant careers web page for more information.
Further information is available through the Careers pages of the University’s Postgraduate Study website.
Entry requirements 2016
A good honours degree in a related discipline from a recognised university. We do consider all applications where there is evidence of exceptional performance in modules relevant to the programme of study, significant relevant work experience or professional qualifications.
We will also consider excellent (First Class) degrees in science based or quantitative subjects including Engineering, Physics and Maths.
In order to apply for the MSc Economics the majority of modules at undergraduate level should have been taken in: Economics, Mathematics.
Mathematics modules may include, for example, Algebra, Calculus, Econometrics, Statistics, Probability or Optimisation.
Requirements for international students
If you are an international student, please visit our international equivalency pages to enable you to see if your existing academic qualifications meet our entry requirements.
English language requirements
Overall score 6.5. No less than 6.0 in any section.
Overall score 90 with minimum scores of 21 for writing, 21 for listening, 22 for reading and 23 for speaking.
Pearson Test of English (Academic)
58 with no less than 55 in all communicative skills.
Cambridge English: Advanced & Proficiency
Overall score 176. No less than 169 in any section.
Applicants with lower English language test scores may be able to take pre-sessional English at INTO University of Exeter prior to commencing their programme. See our English language requirements page for more information.
For Business School programmes, due to demand for places we will be operating a two cycle admissions process for the School's taught Masters programmes.
To be guaranteed consideration we recommend that you apply by 31 January 2016. After this date applications will be considered subject to availability on a rolling basis.
Fees and funding
Tuition fees per year 2016/17
- UK/EU: £8,800 full-time
- International: £16,700 full-time
Fees can normally be paid by two termly instalments and may be paid online. You will also be required to pay a tuition fee deposit to secure your offer of a place, unless you qualify for exemption. For further information about paying fees see our Student Fees pages.
Current available funding
Postgraduate Admissions Team
For queries on entry requirements, eligibility and how to apply please contact the University of Exeter Postgraduate Admissions team
Business School Postgraduate Admissions Officer
For queries relating to Business School programmes please contact the Postgraduate Admissions Officer
Phone: +44 (0) 1392 723246
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Double Degree opportunity
Specific to this programme is a Double Degree opportunity with Fudan University School of Economics.