This programme is designed to equip you with tools and techniques for investigating important economic issues. It provides a thorough grounding in mathematical and econometric techniques, as well as microeconomics, and examines why financial markets are prone to crises, studying the details of past and present crises, and subsequent policy responses.
You will learn to express original ideas in academic papers and to test them with the use of econometrics. The study of econometrics covers linear and dynamic linear regression models, a wide variety of hypothesis tests, and techniques for estimating systems of equations. Techniques are illustrated with economic examples, such as models with rational expectations, as well as consumption, production and money demand functions.
Economics and finance at Birkbeck has acquired an excellent reputation, not only for the quality of its research but also for the quality of its training. Employers recognise the quality of Birkbeck graduates in economics and finance. We take students who are determined to succeed and are prepared to undergo the rigours of a first-class training, whether they are studying full-time or part-time.
Why study this course at Birkbeck?
Provides a solid basis for a wide variety of careers in business, government and academia. Enables you to work effectively when tackling problems of the sort faced in financial sector institutions, banks and regulatory institutions. Excellent reputation for the quality of our teaching, providing training for employers such as the Treasury and Bank of England. The department enjoys an international reputation and stands among the foremost research groups in the country.
Flonia has always had an ambition to complete a Master's programme, but couldn’t give up her job to study. Once she began looking into what was available, Flonia quickly decided that Birkbeck, University of London's MSc Finance, taught in the evenings was an excellent option. She says: 'I wanted to do a programme to increase my employability, and the fact that the course content was relevant and applicable to the finance world, combined with the reputation of the university was a key factor in deciding to study at Birkbeck.'
The other key factor for Flonia was the flexibility that studying in the evenings gave her. She comments: 'I was able to maintain my full-time job, as well as get my Master's, and that flexibility was very important. It works around your lifestyle, and allows you to have variety – a professional challenge in the day, and an intellectual challenge in the evening.'
As an international student, Flonia was pleased to discover that her classmates were from a wide variety of different backgrounds. She said: 'Studying with people of different ages and nationalities you get to learn from other people's lifestyles and experience. I'm happy that I made the choice to study at Birkbeck, it's given me a different perspective on working life and studying.'
Although studying alongside full-time work can be challenging, Flonia said that her lecturers and tutors understand this: 'I really appreciate being given plenty of time and support to prepare for assignments. The staff make a real effort to make things clear and easy to understand. All students get worried from time to time, but the lecturers at Birkbeck are very approachable and will support you.'
Careful planning, along with the support from lecturers have been key to managing the workload. Flonia explains: 'We were given a really useful presentation which helped me to plan timeframes for researching and writing my dissertation. I also have to plan time for attending lectures and reading the materials beforehand. It's helpful that the staff also make the lectures available on-line as well.'
Gaining a Master's while working full-time shows employers that you can handle pressure; and that's definitely a plus. Considering the friends that I've made, the support I've been given, the knowledge and the skills that I've gained, I would definitely recommend Birkbeck to others'
Maria Veronica Porro
Paraguayan student Maria Veronica Porro won a Chevening scholarship to come and study at Birkbeck. She had already studied for her undergraduate degree in the United States and explains: ‘I wanted to diversify my academic experience and try a different system. As I was studying an MSc Financial Economics, it made sense to study in a financial hub like London. Furthermore, the fact that Birkbeck classes are taught in the evening meant that many of my fellow classmates were already working in financial economics during the daytime and studying with me in the evening. It provided me with a good opportunity to interact and network with people working in my field. By talking to my classmates I was able to get a good insight into the everyday life of a full-time financial economist. That was helpful in deciding what career path to take after my studies.’
‘Birkbeck gives students access to top lecturers and guest speakers. I decided to become an economist because of Muhammad Yunus and his book Banker to the Poor. While I was at Birkbeck I had the opportunity to attend a conference where my role model Yunus was speaking. It was a wonderful experience to be able to meet him and listen to his views about microfinance and his experience as the founder of the Grameen Bank. A city like London can provide you with the possibility of meeting outstanding leaders not only in economics but in many other fields.’
‘I am currently working at the newly re-opened British Embassy in my city, Asuncion, as Prosperity and Project Officer. Two decisive factors that UK diplomats took into account when hiring me were: my studies at Birkbeck and my experience as a Chevening scholar.’
‘My studies at Birkbeck have also been instrumental in helping me with my current job. Courses such as econometrics and research work like my dissertation provided me with analytical skills. Leading on economic reporting and analysis of business and investment climate in Paraguay is a pivotal part of my job. For example, I am now able to write economic reports describing the trends in terms of the trade balance between my country and the UK. More importantly, I am able to analyse the components of this trend and to predict them.’
Postgraduate Support Scheme for final-year undergraduates (full-time)
We are pleased to announce that, for October 2015 entry, Birkbeck has a limited number of new £10,000 postgraduate scholarships. These scholarships are for students progressing from a full-time undergraduate degree to a part-time Master’s degree starting in 2015/16.
Value of Scholarship(s)
To be eligible for the scholarship you must be:Starting a 2-year part-time taught Master’s degree in 2015/16 Domiciled in the UK/EU Progressing from an undergraduate course for which you were charged the higher tuition fee (applicable since 2012–13) Studying at postgraduate Master’s level for the first time
If you want to apply for this support, you must follow these steps:Submit an application for your intended course Submit an application for the Postgraduate Support Scheme
First- or second-class honours degree, in either a directly relevant or a highly quantitative subject, or the Birkbeck Graduate Diploma in Economics or Graduate Diploma in Finance. We expect all of our MSc students to be competent with intermediate microeconomics and macroeconomics, multivariable calculus, linear algebra and statistics.Non-EU students are encouraged to submit GRE or GMAT results. In some cases, the admissions tutor may request these results in order to make a decision on your application. In that case, you should upload your score report to the online application system as if it were an additional transcript page.
Part-time home/EU students: £ 5975 pa Full-time home/EU students: £ 11950 pa
Recipient: Birkbeck, University of London
Insert previous message below for editing?
You haven’t included a message. Providing a specific message means universities will take your enquiry more seriously and helps them provide the information you need. Why not add a message here