Finance & Econometrics - MSc

Gain a thorough grounding in theoretical and applied finance.

Overview

Our MSc in Finance and Econometrics will give you access to exceptional teaching and facilities. Aimed at those with a prior knowledge of economics and/or mathematics, the programme provides a thorough grounding in the theory of finance, as well as the mathematical techniques needed to model complex data.

Course Content

Our MSc in Finance and Econometrics provides excellent training for careers in fields such as quantitative analysis, financial economics and financial econometrics. You'll follow a structured transition to independent research, covering topics such as financial markets, econometric methods for research and the theory of finance.

Taught by leading experts, you will complete modules to the value of 180 credits. These include 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 six compulsory core modules which amount to 90 of your 100 required credits:
-Advanced Microeconomics (20 credits)
-Advanced Macroeconomics or International Macroeconomics (10 credits)
-Theory of Finance (20 credits)
-Topics in Financial Econometrics (10 credits)
-Financial Markets (10 credits)
-Econometric Methods for Research (20 credits)

In addition you'll choose 10 credits of options from:
-Applied Microeconometrics (10 credits)
-Continuous-time Finance and Derivative Assets (10 credits)
-Corporate Finance (10 credits)
-Design and Analysis of Mechanisms and Intitutions (10 credits)
-Financial Engineering (10 credits)
-Financial Market Microstructure (10 credits)
-Fixed Income Securities (10 credits)
-Investment and Portfolio Management (10 credits)
-Project (10 credits)
-Time Series (10 credits)

Dissertation
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.

The Department of Economics and Related Studies was ranked eighth in the UK for the impact of its research in the 2014 Research Excellence Framework.

Since its foundation, members of the Department have made pioneering contributions in econometrics, as well as in public economics, health economics, macroeconomics and finance, experimental economics, economic theory, and economic history. York is one of only three UK institutions to receive five stars from the Centre of Higher Education Development for postgraduate economics.

Careers

This Masters will give you the essential postgraduate skills you need to follow a career in applied or quantitative finance, or to pursue further research. Employers will value your knowledge of econometric techniques and your ability to analyse financial markets. The MSc in Finance and Econometrics is also excellent preparation for a PhD.

You should have at least a 2:1 degree, primarily in economics with a strong econometrics content, from a UK university or the equivalent from a non-UK university.