MSc Financial Economics and Accounting

Colchester Campus

 

INTAKE: October

Program Overview

The MSc Financial Economics and Accounting program at the University of Essex is designed to provide students with a deep understanding of financial economics and accounting principles. This program integrates economic theory, financial analysis, and accounting practices to equip students with the knowledge and skills needed for a career in finance and accounting.

  1. Core Concepts: The program covers essential concepts in financial economics and accounting, including financial markets and institutions, corporate finance, investment analysis, financial reporting, and auditing. Students gain a solid foundation in both theoretical and practical aspects of finance and accounting.

  2. Quantitative Skills: The program emphasizes the development of quantitative skills necessary for financial analysis. Students learn statistical techniques, econometrics, and financial modeling to analyze financial data, evaluate investment opportunities, and make informed financial decisions.

  3. Financial Markets and Investments: The program explores the functioning of financial markets and investment strategies. Students learn about asset pricing, portfolio management, risk management, and derivatives. They develop the skills to assess and manage financial risks in different market conditions.

  4. Financial Reporting and Analysis: The program delves into financial reporting standards and practices, including international accounting standards. Students learn how to analyze financial statements, interpret financial data, and assess the financial performance of organizations. They also gain insights into financial statement fraud detection and prevention.

  5. Professional Accreditation: The program is designed to align with the requirements of professional accounting bodies, such as ACCA (Association of Chartered Certified Accountants) and CIMA (Chartered Institute of Management Accountants). Students have the opportunity to gain exemptions from certain professional exams, enhancing their career prospects.

  6. Industry-Relevant Skills: The program focuses on developing practical skills required in finance and accounting roles. Students learn to use financial software and databases, conduct financial research, and prepare financial reports. They also enhance their communication and presentation skills, which are vital for effective communication in the financial industry.

Pollster Education

Location

Colchester Campus

Pollster Education

Score

IELTS 6.5

Pollster Education

Tuition Fee

£ 20350

Postgraduate Entry Requirements:

  • Applicants should have successfully completed a bachelor's degree or its equivalent from a recognized institution with a minimum overall score of  50 to 55% or equivalent.
  • English language proficiency is required, and applicants must provide evidence of their English language skills through an approved language test.
    • IELTS: A minimum overall score of 6.5 with no individual component below 6.0.
    • TOEFL: A minimum overall score of 90.
    • PTE Academic: A minimum overall score of 62 with no individual score below 51.
  • Some postgraduate programs may have specific subject prerequisites or additional requirements.

Students must provide:

  • academic marksheets & transcripts
  • letters of recommendation
  • a personal statement - SOP
  • passport
  • other supporting documents as required by the university.

Work experience: Some postgraduate courses may require relevant work experience in the field.

It is important to note that entry requirements may vary across different programs and courses. Additionally, meeting the minimum entry requirements does not guarantee admission, as the university considers factors such as the number of available places and competition for certain courses.

The University of Essex offers a range of scholarships and financial support options to assist students in their academic journey. These scholarships are designed to recognize and reward academic excellence, promote diversity and inclusion, and provide assistance to those facing financial challenges.  

  1. Academic Excellence Scholarships: The university offers scholarships to outstanding students who demonstrate exceptional academic achievements. These scholarships are typically merit-based and provide financial support towards tuition fees or living expenses.
  2. International Scholarships: The University of Essex provides scholarships specifically designed for international students. These scholarships aim to attract and support talented students from around the world. Eligibility criteria and award amounts may vary, and they may cover a portion of tuition fees or provide assistance with living expenses.
  3. Subject-specific Scholarships: Some departments and schools within the university offer scholarships tailored to specific academic disciplines. These scholarships are often awarded to students with exceptional academic records or those who demonstrate a strong commitment to their field of study.
  4. Access and Participation Scholarships: The university is committed to promoting diversity and inclusion. It offers scholarships and financial support to students from underrepresented backgrounds, including those from low-income families or individuals who are the first in their family to attend university.
  5. Government-funded Scholarships: In addition to internal scholarships, the University of Essex provides information and guidance on scholarships and funding opportunities offered by external organizations and government agencies. These scholarships may be available to students based on factors such as nationality, field of study, or research interests.
  6. Sports Scholarships: The university recognizes the importance of sports and offers scholarships to talented athletes who demonstrate exceptional sporting abilities. These scholarships provide financial support along with access to sports facilities, training programs, and dedicated support services.

It is important to note that scholarship availability, eligibility criteria, and application processes may change over time. 

Graduates of the MSc Financial Economics and Accounting program have excellent career prospects in the finance and accounting sectors. 

  1. Financial Analyst: Graduates can work as financial analysts, conducting financial research, analyzing investment opportunities, and providing recommendations to clients or organizations. They may work in investment banks, asset management firms, or financial consulting companies.

  2. Corporate Financial Manager: Graduates can pursue roles in corporate finance, managing financial operations, budgeting, financial planning, and investment decisions within organizations. They may work as financial managers, treasury managers, or financial controllers.

  3. Accountant: Graduates can pursue careers in accounting, working as auditors, tax consultants, or management accountants. They may join accounting firms, corporations, or government agencies. Professional certifications such as ACCA or CIMA can enhance career prospects in the accounting field.

  4. Risk Analyst: Graduates can work as risk analysts, assessing and managing financial risks in organizations. They may work in risk management departments of financial institutions or companies, ensuring compliance with regulatory requirements and implementing risk mitigation strategies.

  5. Financial Consultant: Graduates can work as financial consultants, providing advisory services to clients on financial planning, investment management, and risk assessment. They may work for consulting firms or establish their own consulting practices.

  6. Research Analyst: Graduates can pursue careers as research analysts, conducting economic and financial research for financial institutions, think tanks, or government agencies. They may analyze economic trends, evaluate policy impacts, and provide insights for decision-making.


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