Economics & Finance - MSc

Gain a thorough grounding in theoretical and applied finance and economics.

Overview

Globalisation means an ever-increasing demand for specialists in economics and finance. This intellectually demanding course will provide you with the essential skills you need to follow professional careers in these areas or to pursue further research.

Aimed at students with a prior knowledge of economics, our MSc in Economics and Finance will give you a thorough grounding in theoretical and applied finance and economics. You'll join one of the largest and most successful economics departments in the country and be taught by highly qualified staff.

Course Content

On the Economics and Finance masters degree you'll follow five compulsory core components, in areas such as advanced macroeconomics and econometrics, theory of finance and econometrics. You’ll be able to supplement this with a wide choice of optional modules.

Taught by leading experts, you will complete modules to the value of 180 credits. This includes 100 credits of taught modules - some core and some optional - and an 80 credit dissertation.

Modules
For the Masters you will need to take 100 credits of taught modules. There are five compulsory core modules which amount to 80 of your 100 required credits:
-Advanced Microeconomics (20 credits)
-Advanced Macroeconomics or International Macroeconomics (10 credits)
-Theory of Finance (20 credits)
-Financial Markets (10 credits)
-Econometrics 1 (10 credits) and Econometrics 2 (10 credits) or
-Econometric Methods for Research (20 credits) or
-Econometrics 1 (10 credits) and Applied Microeconometrics (10 credits)

In addition, you can choose 20 credits of options from:
-Applied Microeconometrics (10 credits)
-Corporate Finance (10 credits)
-Continuous-time Finance and Derivative Assets (10 credits)
-Design and Analysis of Mechanisms and Institutions (10 credits)
-Development and Finance (10 credits)
-Emerging Market Macroeconomics (10 credits)
-Experimental Economics (10 credits)
-Financial Engineering (10 credits)
-Financial Market Microstructure (10 credits)
-Financial Risk Management (10 credits)
-Fixed Income Securities (10 credits)
-Investment and Portfolio Management (10 credits)
-Labour Economics (10 credits)
-Project (10 credits)
-Public Finance (10 credits)
-Public Sector Economics: Microeconomic Applications (10 credits)
-Time Series (10 credits)
-Topics in Financial Econometrics (10 credits)

You'll complete a piece of independent research carried out over three months of the summer, guided by a supervisor. The dissertation, of up to 10,000 words, is worth 80 credits and offers you the chance to examine a topic in depth and to develop your academic research skills.

Careers

The Economics and Finance masters degree will act as a springboard into a career in an area related to economics and finance. It is also an ideal preparation for a PhD. Around 80 per cent of MSc graduates from the department go on to economics related careers.

Visit the Economics & Finance - MSc page on the University of York website for more details!