BSc Accounting and Finance
The BSc Accounting and Finance program at Warwick is designed to equip students with th...
MSc Economics and International Financial Economics
University of Warwick
INTAKE: September
Program Overview
The MSc Economics and International Financial Economics at the University of Warwick is designed to provide students with a deep understanding of economic theory, applied economics, and the functioning of international financial markets. The program combines rigorous economic analysis with a focus on global financial markets, enabling students to understand the complex interactions between economics, finance, and international trade. This course is particularly suited for those aiming to pursue careers in central banks, financial institutions, policy-making bodies, or international organizations, where advanced economic and financial knowledge is essential. Students will develop both theoretical insights and practical analytical skills, which are critical for tackling the challenges of an increasingly globalized economy.
Curriculum: The MSc in Economics and International Financial Economics curriculum is structured to ensure students acquire a comprehensive understanding of both core economics and specialized financial economics. Core modules cover advanced microeconomics, macroeconomics, and econometrics, alongside a series of modules focused on international economics and financial markets. Students will gain a thorough grounding in financial economics, including topics such as asset pricing, portfolio management, financial institutions, and global financial systems. Optional modules allow for further specialization in areas like international trade, economic policy, and advanced financial modeling. The program culminates in a dissertation, which enables students to conduct independent research in their area of interest, applying theoretical and empirical methods to real-world economic issues.
Research Focus: The MSc Economics and International Financial Economics places a strong emphasis on research, allowing students to explore contemporary issues in both economic theory and financial practice. Warwick's Department of Economics is known for its world-leading research, and students benefit from being taught by faculty members who are at the forefront of their respective fields. Research areas include financial economics, international finance, macroeconomic policy, econometrics, and economic modeling. Throughout the program, students will develop advanced research skills, including the ability to analyze complex financial data, conduct econometric analyses, and contribute to the academic debate on economic policy and financial regulation. The dissertation provides an opportunity for students to carry out original research and contribute new insights into the fields of economics and finance.
Industry Engagement: The MSc in Economics and International Financial Economics provides excellent opportunities for industry engagement, thanks to Warwick’s strong connections with the finance and economics sectors. Students benefit from Warwick’s extensive network of alumni and industry partnerships, which include leading global financial institutions, central banks, consulting firms, and international organizations. The program includes access to internships, live projects, and networking events where students can interact with professionals in the field. Warwick's CareerPlus service supports students in securing internships and job placements, offering career guidance, resume workshops, and interview preparation. Students also gain exposure to industry through guest lectures, seminars, and case studies, ensuring they can apply their academic knowledge to real-world scenarios.
Global Perspective: The MSc in Economics and International Financial Economics takes a global approach, reflecting the interconnected nature of the global economy and financial systems. Students will explore how economic policies, financial regulations, and market dynamics impact countries across the world, particularly in emerging markets. The program examines the global economic landscape, including topics such as international trade, currency markets, and the role of financial institutions in economic development. Warwick’s diverse student body and international faculty contribute to a global learning environment, where students can share perspectives on economic issues from different regional and cultural contexts. This international perspective prepares graduates to work in global financial centers, multinational corporations, and international policy organizations, where they can apply their expertise to solve complex economic and financial challenges.
Location
University of Warwick
Score
IELTS: 6.5
Tuition Fee
£ 31090
Postgraduate Entry requirements
1. Academic Qualifications: Postgraduate applicants are expected to hold a relevant undergraduate degree from a recognized institution, with a minimum academic achievement of 60% to 80%.
2. English Language Proficiency:
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IELTS (International English Language Testing System): Minimum overall score of 6.5, with minimum component scores of two at 6.0/6.5 and the remaining components at 6.5 or above.
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TOEFL (Test of English as a Foreign Language): Minimum score of 100 on the internet-based test (iBT), with minimum sub-scores of Reading 22, Listening 21, Speaking 23, and Writing 21.
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PTE (Pearson Test of English): Minimum overall score of 70, including 59 or above in all components.
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 meeting the minimum entry requirements does not guarantee admission, as the university considers factors such as availability of places and competition for the program. Additionally, some courses may have higher entry requirements or additional selection criteria, such as interviews or portfolio submissions.
The University of Warwick offers a range of scholarships and financial aid opportunities to support international students pursuing their academic aspirations at one of the UK's leading universities. These scholarships are designed to recognize academic excellence, promote diversity, and alleviate financial barriers to higher education.
Chancellor's International Scholarship: The Chancellor's International Scholarship is offered to outstanding international PhD applicants across all disciplines. This scholarship covers the full payment of overseas tuition fees and provides a generous stipend to support living expenses. Recipients of this scholarship are selected based on academic excellence and research potential.
Warwick Marshall Scholarship: The Warwick Marshall Scholarship is open to students from select developing countries who wish to pursue a Master's degree at Warwick. This scholarship covers full tuition fees, accommodation, and living expenses for the duration of the Master's program. Applicants must demonstrate academic excellence, leadership potential, and a commitment to making a positive impact in their home countries.
Commonwealth Shared Scholarship: Warwick participates in the Commonwealth Shared Scholarship scheme, which enables students from eligible Commonwealth countries to pursue a Master's degree in selected subjects at the university. This scholarship covers tuition fees, airfare, living expenses, and other allowances. Applicants must meet specific eligibility criteria outlined by the Commonwealth Scholarship Commission.
Other Departmental Scholarships: Various academic departments and faculties at Warwick offer specific scholarships and funding opportunities for international students based on academic merit, research potential, and other criteria. These scholarships may vary by program and are typically advertised on departmental websites.
External Funding Sources: In addition to university-specific scholarships, international students are encouraged to explore external funding sources, including government scholarships, corporate sponsorships, and international organizations offering financial support for higher education. The university's international office provides guidance and resources to help students identify and apply for external funding opportunities.
It is important to note that scholarship availability, criteria, and application deadlines may change from year to year.
Graduates of the MSc Economics and International Financial Economics program at the University of Warwick are equipped with a strong foundation in economics and finance, as well as specialized knowledge in international financial markets and institutions. This combination of skills and expertise prepares them for diverse and rewarding career opportunities in the global finance industry, policymaking institutions, multinational corporations, and research organizations.
Investment Banking Analyst/Associate: Graduates may pursue careers in investment banking as analysts or associates, working for leading financial institutions such as investment banks, brokerage firms, or asset management companies. They analyze financial markets, evaluate investment opportunities, and provide strategic advice to clients on mergers and acquisitions, capital raising, and corporate finance transactions. They may specialize in areas such as equity research, fixed income, or derivatives trading, leveraging their expertise in financial analysis and risk management.
Financial Risk Manager/Analyst: Graduates can work as financial risk managers or analysts for banks, hedge funds, or consulting firms, helping organizations identify, assess, and manage financial risks. They analyze market risks, credit risks, and operational risks, develop risk management strategies, and implement risk mitigation measures to safeguard the financial health of their organizations. They may specialize in areas such as market risk, credit risk, liquidity risk, or regulatory compliance, utilizing their quantitative skills and financial knowledge to navigate volatile market conditions and regulatory requirements.
Corporate Finance Manager/Analyst: Graduates may pursue careers in corporate finance as managers or analysts for multinational corporations, financial services firms, or consulting companies. They analyze financial data, evaluate investment opportunities, and advise companies on capital budgeting, financial restructuring, and strategic decision-making. They may assist with mergers and acquisitions, capital raising initiatives, or corporate governance matters, helping companies optimize their financial performance and achieve their business objectives.
Economic Policy Analyst/Researcher: Graduates can work as economic policy analysts or researchers for government agencies, central banks, or international organizations, providing insights and recommendations on economic policy issues, such as monetary policy, fiscal policy, and trade policy. They conduct economic research, analyze data, and develop policy proposals to address economic challenges and promote sustainable economic growth. They may contribute to economic forecasting, policy analysis, or program evaluation, influencing policymakers and shaping public policy debates.
International Development Specialist: Graduates may pursue careers in international development as specialists or consultants for development organizations, non-profit organizations, or multilateral agencies. They design and implement development projects, conduct economic assessments, and provide technical assistance to countries and communities in areas such as poverty reduction, infrastructure development, and sustainable development goals. They may work on projects funded by international donors, leveraging their expertise in economics and finance to promote inclusive and equitable economic development.
Financial Data Analyst/Quantitative Analyst: Graduates with strong quantitative skills can work as financial data analysts or quantitative analysts for financial technology companies, data analytics firms, or quantitative trading firms. They analyze large datasets, develop predictive models, and generate insights to support algorithmic trading, risk modeling, or investment strategies. They may specialize in areas such as algorithmic trading, machine learning, or high-frequency trading, leveraging their programming skills and statistical knowledge to extract value from financial data and drive innovation in the financial industry.
PhD Studies/Research Career: Some graduates may choose to pursue further studies at the doctoral level in economics, finance, or related fields, conducting advanced research and contributing to the academic literature. They may pursue academic careers as professors, researchers, or scholars in universities, research institutes, or think tanks, conducting independent research, publishing scholarly articles, and teaching undergraduate or postgraduate courses in economics and finance.
