University of Essex

Department of Economics

MSc Computational Economics, Financial Markets and Policy


Wivenhoe Park

Wivenhoe Park

Colchester, England

United Kingdom

Program Information

Degrees Offered:

MSc Computational Economics, Financial Markets and Policy

Format: Campus

Program Description:

The financial crisis and global recession have triggered a search for new perspectives in economics training that can deal with the challenges posed by highly interconnected and globalised financial and industrial organisations. Our MSc Computational Economics, Financial Markets and Policy course provides a revolutionary way to address the many issues raised in macro-economics and financial regulation. Our course provides a rigorous training in economics and finance. By using a multi-agent computational and simulation modelling approach to complement your work in statistics and econometrics, you investigate a wide array of economic phenomena that can also aid in policy design. You will be given laboratory-based instruction to build a range of agent-based models that include systemic risk analysis with financial networks and market micro-structure of stock markets. Our course has a strong policy orientation and operational content. It will appeal to those aiming to pursue careers in regulatory institutions, financial modelling, the civil service and real-world problem solving. It will also be an excellent stepping stone for those wishing to progress into further research. Why study MSc Computational Economics, Financial Markets and Policy at Essex? Our Department of Economics maintains a world-class reputation for our outstanding quality research and teaching. We were ranked joint third in the UK in the most recent Research Assessment Exercise (RAE, December 2008), reflecting our well-established reputation for excellence. Many of our staff, who are world renowned experts in their fields, have been elected to leadership roles in learned societies and have been editors of leading economics journals. Essex economists are engaged in a variety of research networks and collaborate with economists at other universities in the UK and overseas. Much of our research is related to policy and we often provide advice to government and non-government organisations. The top quality of our work is reflected in our stream of publications in high profile academic journals like Economic Journal, Journal of Econometrics, American Economic Journal and Journal of the European Economic Association. Our facilities Our Department of Economics forms part of our University’s accredited Doctoral Training Centre of the Economic and Social Research Council (ESRC), meaning a number of ESRC studentships available for new postgraduates. As well as access to all University facilities at our Colchester Campus, such as our well-equipped Albert Sloman Library and extensive open access computer laboratories, we provide good facilities within our Department for study, with access to a range of resources and support mechanisms to foster your progression and studies.



International Student Requirements:

If English is not your first language, then we require IELTS 6.5 overall or equivalent.

Facts & Figures

Financial Aid: No

International Financial Aid: No

Classification: Higher Education Institution (Not Carnegie Classified)

Locale: Small City

Find Schools