MBM Master of Business Management
The MBM program at the University of Essex is designed to develop well-rounded business...
MSc Financial Economics
Colchester Campus
INTAKE: October
Program Overview
The MSc Financial Economics program at the University of Essex offers a comprehensive and specialized education in the field of financial economics. It combines principles from economics and finance to provide students with a deep understanding of financial markets, economic theory, and quantitative methods. This program equips students with the knowledge and skills necessary to analyze complex financial data, make informed investment decisions, and understand the interplay between economics and finance.
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Economic Theory: The program covers fundamental economic theories and concepts, providing students with a solid understanding of microeconomics, macroeconomics, and econometrics. Students learn how economic factors influence financial markets and decision-making.
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Financial Markets and Instruments: Students gain insights into the structure and functioning of financial markets, including stock markets, bond markets, and derivatives markets. They learn about various financial instruments and their valuation methods.
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Financial Econometrics: The program emphasizes the use of statistical and econometric techniques to analyze financial data. Students learn how to apply econometric models to financial time series data and explore topics such as asset pricing, volatility modeling, and risk management.
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Investment Analysis: Students develop skills in analyzing investment opportunities and making informed investment decisions. They learn how to assess the risk-return trade-off, evaluate asset pricing models, and construct optimal investment portfolios.
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Financial Regulation and Policy: The program explores the role of financial regulation and policy in shaping the financial system. Students study the regulatory frameworks and institutions governing financial markets and analyze the impact of policy decisions on market stability and efficiency.
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Quantitative Methods: The program equips students with advanced quantitative techniques used in financial economics. Students learn statistical analysis, mathematical modeling, and programming skills to solve complex financial problems.
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Research and Dissertation: Students have the opportunity to undertake an independent research project and write a dissertation. This allows them to apply their knowledge and research skills to explore a specific area of financial economics in-depth.
Location
Colchester Campus
Score
IELTS 6.5
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.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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 program have a wide range of career opportunities in both the private and public sectors.
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Financial Analysis: Graduates can pursue careers as financial analysts, providing insights and recommendations on investments, financial planning, and risk management. They may work for banks, investment firms, or financial consulting companies.
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Investment Banking: Graduates can work in investment banking roles, such as investment analyst or associate, where they analyze financial data, conduct due diligence, and assist in mergers and acquisitions, initial public offerings (IPOs), and corporate finance transactions.
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Risk Management: Graduates can work in risk management positions, helping organizations identify and manage financial risks. They may work for banks, insurance companies, or consulting firms, analyzing risk profiles, implementing risk management strategies, and ensuring compliance with regulations.
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Economic Research: Graduates can pursue careers in economic research, working for think tanks, research institutions, or government agencies. They may analyze economic data, conduct economic forecasting, and provide policy recommendations.
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Financial Consulting: Graduates can work as financial consultants, providing advisory services to clients on financial matters. They may assist with financial planning, investment analysis, and economic impact assessment.
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Central Banking and Monetary Policy: Graduates may find opportunities in central banks or monetary authorities, where they can contribute to formulating monetary policy, conducting economic research, and analyzing financial stability.
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Academic and Research Careers: Graduates interested in research and academia can pursue further studies or work in research-oriented roles. They may contribute to academic research, publish papers, or pursue a Ph.D. in financial economics.
