The MSc Finance and Economics draws on the School's strengths in economics, finance and econometrics. It is aimed at students who are interested in gaining a deep understanding of the theory and practice of financial markets. This interdisciplinary degree, taught jointly by the Department of Finance and the Department of Economics, offers exceptional graduates from quantitative disciplines the opportunity to study in two of the most highly rated departments in their subject areas in the world.

As we teach you not only how to apply and use various well-known models, but also to understand the fundamental concepts on which they are based, you will learn how to alter, test and adapt these models in new market environments. In learning what makes the models tick, you will develop an awareness of the assumptions on which they rely, and - increasingly important in today’s markets - of situations in which these assumptions can break down. As well as developing your understanding of financial economics, financial econometrics, microeconomics and macroeconomics to a high level, you will have the opportunity to investigate two further specialist aspects of finance in elective courses.

The rigour of the Finance and Economics programme is recognised across the world. As the most academically oriented of our programmes, it provides an excellent grounding for students who are interested in progressing to a PhD in finance or in economics. Successful applicants come from a variety of quantitative backgrounds including economics, mathematics, engineering, statistics, finance and others. To apply, you should have strong credentials in mathematics and a fascination for finance.

Teaching

The format of teaching for MSc Finance and Economics courses varies. Some courses may have two-hour lectures followed by a separate supporting session, others may have three-hour interactive sessions. Teaching sessions can vary in size depending upon the course. Some classes may be taught by Graduate Teaching Assistants. Students on the MSc Finance and Economics programme have on average 11 hours of contact time per week during the teaching terms.

Careers

Graduates of the MSc Finance and Economics programme go on to work in challenging jobs in a variety of organisations around the world. Examples of the types of organisations include investment banks, central banks, economic and strategy consulting firms, professional services firms and financial boutiques.