MSc Finance and Economics/MSc Finance and Economics (Research)
Both programmes cover investments and asset pricing, option and derivatives pricing, and portfolio management. They provide a thorough exposure to econometric methods, including time series analysis, with applications to financial models and data. The MSc Finance and Economics programme will be of interest if you plan a career in a financial institution or in a role in industry which calls for advanced analytical skills. It is also good preparation for doctoral research in the area. The MSc Finance and Economics (Research) programme will be of interest if you intend to pursue doctoral research, and more particularly, if you are applying for funding under the ESRC 1+3 scheme.
Students are required to attend pre-sessional September courses in Mathematics, statistics, economics and econometrics. This allows students to review topics such as matrix algebra, multivariate calculus and differential equations. During September and throughout the Michaelmas term, students will also be required to attend an introductory course on Quantitative Methods for Finance.
Core courses: financial economics, financial econometrics, and microeconomics plus options to value of 1 full unit from these half units: applied corporate finance, corporate finance theory, financial intermediaries, financial risk analysis, fixed income markets, forecasting financial time series, global financial system, international finance, market microstructure theory, portfolio management, valuation and security analysis. Complete a 6,000 word dissertation in one of the half units, and an examination in the other to fulfill the programme requirements. MSc Research students take compulsory courses, choose one half unit optional course and write a 10,000 word dissertation in place of the other half unit.