MSc Financial Economics

Duration Full time 1 year
Discipline
  • Economics
LocationExeter (Streatham)
Start date September

Overview

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 European partner universities. For more information on this and other postgraduate study abroad opportunities, visit the Business School’s Study Abroad webpages.

Programme structure

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.

Compulsory modules

CodeModuleCredits
BEEM115Research Design and Dissertation 60
BEAM047Fundamentals of Financial Management 15
BEEM103Optimization Techniques for Economists 15
BEAM029Topics in Financial Economics 15
BEEM100Macroeconomics [or BEEM101]15
BEEM101Microeconomics [or BEEM100]15
BEEM102Quantitative Research Techniques 1 [or BEEM104]15
BEEM104Quantitative Methods for Finance [or BEEM102]15
BEEM117Economics of Corporate Finance 15
BEEM112Quantitative Research Techniques 2 [or BEEM116]15
BEEM116Financial Econometrics [or BEEM112]15

Optional modules

You will choose one 15 credit option from a regularly updated selection. Recent modules are shown below:

CodeModuleCredits
BEEM113Advanced Econometrics 15
BEAM033Banking and Financial Services 15
BEAM036Domestic and International Portfolio Management 15
BEEM119Economics of Banking 15
BEEM117Economics of Corporate Finance [if not taken as core module]15
BEEM116Financial Econometrics [if not taken as core module]15
BEEM121Game Theory and Industrial Organisation 15
BEEM108International Trade and Regional Integration 15
BEEM112Quantitative Research Techniques 2 [if not taken as core module]15
BEEM100Macroeconomics [if not taken as core module]15
BEEM101Microeconomics [if not taken as core module]15
BEEM102Quantitative Research Techniques 1 [if not taken as core module]15
BEEM104Quantitative Methods for Finance [if not taken as core module]15

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.

Lectures

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.

Assessment

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.

Careers

We are very proud of our graduates who have careers across a broad range of sectors and are working all over the world. Example destinations of recent graduates of the School's postgraduate programmes include:

  • Director, Strategic Matters UK
  • Business Analyst, Dresdner Kleinwort
  • Business Consultant, Transition Consulting
  • Account Executive, IMG
  • Financial Business Analyst, Reuters
  • Chartered Financial Analyst, 7city Learning
  • Equity Analyst, Japanese Bank
  • Trainee Fund Manager, Scottish Widows
  • Finance Analyst, The Arcadia Group
  • Business Analyst, Dresdner Kleinwort
  • Assistant Economist, Customs and Excise
  • Economist, Bank of Estonia
  • PhD Statistics, London School of Economics and Political Science
  • Associate Lecturer, Universidad de Castilla, Spain (PhD Economics)
  • Risk Analyst, GE Capita
  • Trainee Accountant, Citibank
  • Investment Analyst, Stamford Associates
  • Account Manager, Renaissance Group, Nicosia
  • Investment Analyst, Capital Finance
  • Senior Executive, PricewaterhouseCoopers, Prague
  • Economist, Civil Service
  • Global Share Dealer, Deloitte
  • Ship Broker, Ssy
  • Banker, Standard and Chartered

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

Further information is available through the Careers pages of the University’s Postgraduate Study website.

Entry requirements 2015

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.

Prerequisites

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

IELTS (Academic)

Overall score 6.5. No less than 6.0 in any section.

TOEFL IBT*

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.

Pre-sessional English

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.

Application deadline

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 2015. After this date applications will be considered subject to availability on a rolling basis.

Fees and funding

Tuition fees per year 2015/16

  • UK/EU: £8,500 full-time
  • International: £16,300 full-time

Fee information

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

Contact us

Postgraduate Admissions Team

For queries on entry requirements, eligibility and how to apply please contact the University of Exeter Postgraduate Admissions team
Email: pg-ad@exeter.ac.uk

Business School Postgraduate Admissions Officer

For queries relating to Business School programmes please contact the Postgraduate Admissions Officer
Phone: +44 (0) 1392 723246
Email: business-school-msc@exeter.ac.uk