M.Sc. Economics and Finance

  • On Campus
  • 12 months
  • GBP18950 Year (Non-EEA)
  • English (IELTS accepted)
Loughborough University | Loughborough, United Kingdom
This programme is designed to help you understand the concepts, methods and application of modern macroeconomics and microeconomics. Training in economics is combined with quantitative skills, research training and specialisation in various fields of finance.

Description of Economics and Finance

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Our specialist MSc in Economics and Finance provides an exciting opportunity for you to gain an insight into the pressing economic issues of our times and learn how to assess, adapt and apply modern macroeconomic and microeconomic models to transform organisational or government policy.

In short, it is designed to equip you with the skills of a professional economist, for careers in government, international organisations, business, or as preparation for PhD study.

Unlike a masters in finance, you will learn to understand and model issues affecting financial markets through the holistic lens of an economist; assessing both the microeconomic impacts for firms, as well as the macroeconomic implications for the global economy. You will develop advanced theoretical and quantitative skills, highly sought after by employers in the financial services sectors of industry and government, as well as transferable skills that will be of value for a range of other sectors.

There is the opportunity to specialise in various fields of finance. All students register for the MSc in Economics and Finance. However, depending on the choice and availability of modules and dissertation topic, it is possible to graduate with an MSc in Financial Economics instead.

This MSc also provides basic training for doctoral level research, including a sound foundation in research methods and economic theory, whatever your field of specialisation.

Learning, teaching and assessment

Teaching on the Economics and Finance programme is provided by our world-renowned specialist staff using a number of methods, including: lectures, seminars, group work, feedback forums, one-to-one sessions with programme tutors, and workshops. Modules are assessed by a combination of examinations and skills-based courseworks.

Detailed Course Facts

Application deadline Applications can be made at any time
Tuition fee
  • GBP 18950 Year (Non-EEA)
  • GBP 6600 Year (EEA)
Start date October  2015
Duration full-time 12 months
Languages
  • English
Take an IELTS test
Delivery mode On Campus
Educational variant Full-time

Course Content

Semester One

Core Modules

  • Macroeconomic Analysis
  • Microeconomic Analysis
  • Research Communication (two-semester module)
  • Research Methods

Optional Modules (choose one)

  • Financial Economics
  • Introduction to Measure Theory and Martingales
  • Stochastic Models in Finance
  • The Financial System

Semester Two

Core Module

  • Further Quantitative Techniques for Finance and Economics
  • Research Communication (two-semester module)

Optional Modules (choose three)

  • Applied Banking and Financial Modelling
  • Asset Management and Derivatives
  • Banking and Financial Markets
  • Comparative Banking
  • Corporate Finance
  • Development Finance
  • Economics and Energy Policy
  • Stochastic Calculus and Theory of Stochastic Pricing

Choice of Semester 2 modules may be restricted by the option selected in Semester 1.

Summer

Dissertation: a 9,000 - 12,000 word supervised dissertation to be completed over the summer on an approved topic of your choice.

English Language Requirements

IELTS take IELTS test
6.5

IMPORTANT NOTE: Per 6 April 2015 only the English language tests from IELTS and Trinity College London are accepted for Tier 4 Visa applications to the United Kingdom. Other tests (including TOEFL, TOEIC, Pearson, City & Guilds) are no longer accepted for Tier 4 visa applications to the United Kingdom. The university might still accept these tests to admit you to the university, but if you require a Tier 4 visa to enter the UK and begin your degree programme, these tests will not be sufficient to obtain your Visa. Since the Trinity College London language tests must be taken in one of their exam centres in the UK, IELTS is now the only language test accepted for Tier 4 visas to the UK that can be taken worldwide.

The IELTS test is most widely accepted by universities and is also accepted for Tier 4 visas to the UK- learn more.

Requirements for Economics and Finance

We ask for an upper second-class honours (2:1) degree or equivalent overseas qualifi cations in a subject which has a substantial quantitative component. Good (2:1) grades in quantitative modules are required. Some previous economics is recommended. For this, previous study of macroeconomics and microeconomics is desirable. Eligible quantitative subjects include accounting, maths, physics, chemistry, engineering, computing, and finance.

Work Experience for Economics and Finance

No work experience is required.

More Information

Accreditation

Triple accredited business school (AACSB, AMBA and EQUIS)

The School of Business and Economics is one of less than 1% of business schools in the world to have achieved accreditation from all three major international accrediting bodies: The Association to Advance Collegiate Schools of Business (AACSB International), the Association of MBAs (AMBA), and EQUIS accreditation from the European Foundation for Management Development (EFMD).

For more information please visit our website.

The Global Study Awards: get funded with up to £10,000 to study abroad

Together with the ISIC Association and British Council IELTS we offer you the chance to receive up to £10,000 to expand your horizon and study abroad. We want to ultimately encourage you to study abroad in order to experience and explore new countries, cultures and languages.