MSc Financial Economics and Econometrics

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 Econometrics program have excellent career prospects in finance, economics, research, and related fields.

1. Financial Analyst: Graduates can pursue roles as financial analysts, conducting research and analysis to support investment decisions. They may work in investment banks, asset management firms, or financial research organizations.

2. Econometrician: Graduates can work as econometricians, using their expertise in econometric analysis to analyze economic and financial data. They may be employed by government agencies, research institutions, or consulting firms.

3. Quantitative Analyst: Graduates can pursue careers as quantitative analysts, developing mathematical models and statistical tools to analyze and forecast financial markets. They may work in hedge funds, financial institutions, or risk management departments.

4. Economic Researcher: Graduates can work as economic researchers, conducting research and analysis on economic trends, policy issues, and market developments. They may be employed by think tanks, government agencies, or international organizations.

5. Risk Manager: Graduates can work in risk management roles, assessing and managing financial risks for banks, insurance companies, or investment firms. They may specialize in areas such as credit risk, market risk, or operational risk.

6. Policy Analyst: Graduates can pursue careers in economic policy analysis, providing insights and recommendations to government agencies or non-profit organizations. They may contribute to the development of economic policies and regulations.

7. Further Studies: The program also prepares students for advanced research or doctoral studies in financial economics, econometrics, or related fields. Graduates can pursue Ph.D. programs or research positions in academic institutions.