Economics and Finance, M.Sc.

  • N/A
    Application Deadline
  • 12 months
    Duration
  • Tuition Fee
    17000 GBP/year
    Tuition fee
    9000 GBP/year
    Tuition fee
  • English
    Language
University rank #301 (WUR) ,
This programme provides an exciting opportunity 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 shape organisational or government policy.

About

The programme is designed to equip you with the skills of a professional economist, for careers in government, international organisations and business.

You will learn to understand and model issues affecting financial markets through the 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.

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.

Programme Structure

Semester 1

Core modules

  • Macroeconomic Policy and Financial Markets
  • Economics of Firms and Markets
  • Research Communication (two-semester module)
  • Economic Data Analysis

Optional Modules (choose one)

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

Semester 2

Core modules

  • Applied Financial Econometrics
  • Research Communication (two-semester module)

Optional modules (choose three)

  • Applied Banking and Financial Modelling
  • Risk Management and Derivatives
  • Banking and Financial Markets
  • Corporate Finance
  • Stochastic Calculus and Theory of Stochastic Pricing

Summer period

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

Detailed Programme Facts

  • Deadline and start date Application deadline and start date were not specified by the programme.
  • Programme intensity Full-time
    • Full-time duration 12 months
  • Languages
    • English
  • Delivery mode
    On Campus
Check if you match the admission requirements

English Language Requirements

You need the following IELTS score:

  • Minimum required score:

    6.5

    The IELTS – or the International English Language Test System – tests your English-language abilities (writing, listening, speaking, and reading) on a scale of 1.00–9.00. The minimum IELTS score requirement refers to which Overall Band Score you received, which is your combined average score. Read more about IELTS.

    StudyPortals Tip: The UK government has confirmed new English-language testing requirements for visa and immigration purposes. Learn more

Academic Requirements

You need the following GPA score:

Required score: Upper Second Class

Applicants for graduate programs must have the equivalent of a bachelor’s degree with a minimum GPA equivalent to Upper Second Class on the UK Honour scale. Admitted applicants typically have an undergraduate GPA of or better on the UK Honour scale. No exam grade should be lower than 4.5 (European grade scale) or D (American grade scale).

Your GPA (Grade Point Average) is calculated using the grades that you received in each course, and is determined by the points assigned to each grade (e.g. for the US grading scale from A-F).

Upper second-class honours (2:1) degree or equivalent overseas qualifications in a subject which has a substantial quantitative component. Good (2:1) grades in quantitative modules are required. Some previous economics is recommended.

StudyPortals Tip: Students should consider taking one of the Pre-Master's below. these courses will be necessary if:

  • You are considered ineligible for admission
  • You need to improve your academic, study, research or language skills
Search all Pre-Masters

Tuition Fee

  • International

    17000 GBP/year
    Tuition Fee
    Based on the original amount of 17000 GBP per year and a duration of 12 months.
  • EU/EEA

    9000 GBP/year
    Tuition Fee
    Based on the original amount of 9000 GBP per year and a duration of 12 months.

Living costs for Loughborough

540 - 620 /month
Living Costs

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

Funding

A number of scholarships and bursaries are available (dependent on eligibility):

  • Student loans for master's degrees
  • Department-specific bursaries
  • Scholarships
  • Professional and Career Development Loans
  • External charities and trusts
  • Studentships
  • Research Council funding

StudyPortals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.