BSc Accounting and Finance
The BSc Accounting and Finance program at Warwick is designed to equip students with th...
MRes Finance and Economics
University of Warwick
INTAKE: September
Program Overview
The MRes in Finance and Economics at Warwick is a highly specialized research program that allows students to build deep expertise in both finance and economics, focusing on quantitative analysis and theoretical foundations. This program is ideal for students who wish to continue onto doctoral studies or work in research positions. The MRes degree is a stepping stone toward the PhD in Economics and Finance, offering a solid foundation in research methodology, economic theory, and financial models. Over the course of one year (full-time) or two years (part-time), students gain in-depth knowledge of economic analysis, econometrics, and finance, preparing them to engage in high-level academic or industry research.
Curriculum: The MRes in Finance and Economics curriculum is designed to offer a blend of theoretical knowledge and practical research skills. The core modules of the program include microeconomics, macroeconomics, econometrics, financial economics, and advanced quantitative methods. These modules provide students with a strong grounding in the key concepts and techniques used in both economics and finance research. Additionally, the program offers specialized modules in areas such as asset pricing, financial markets, corporate finance, and econometrics, allowing students to tailor their studies to their specific research interests. The program culminates in the completion of a dissertation, where students apply their research skills to a topic of their choice under the supervision of Warwick’s expert faculty.
Research Focus: The MRes in Finance and Economics at Warwick places a significant emphasis on research, equipping students with the necessary tools to undertake original research in both finance and economics. Research areas include financial modeling, econometrics, asset pricing, macroeconomic policy, market efficiency, and the role of financial markets in global economies. Warwick’s research strength in economics and finance ensures that students have access to the latest developments in these fields. Students are encouraged to engage in independent research early on, developing their analytical and critical thinking skills. This strong research foundation sets the program apart as an ideal choice for those considering PhD studies or research roles in the financial sector.
Industry Engagement: The MRes in Finance and Economics offers a strong link between academic research and real-world applications in the financial and economic sectors. Warwick’s Department of Economics and Warwick Business School have established connections with leading financial institutions, government agencies, and international organizations. This offers students the opportunity to engage with industry professionals through internships, consultancy projects, and guest lectures. These industry connections provide valuable insights into how academic research is applied in the real world, and they offer students a platform to network with professionals in the finance and economics fields. Additionally, Warwick’s commitment to providing students with industry-relevant skills ensures that graduates are well-equipped to apply their research in practical settings.
Global Perspective: The MRes in Finance and Economics at the University of Warwick offers a truly global perspective, with students exploring financial and economic issues on an international scale. Warwick’s global reach, diverse student body, and international research collaborations ensure that students gain an understanding of how financial systems and economic policies operate across different countries and regions. The program covers global financial markets, international trade, and the role of international organizations in shaping economic policy. Warwick’s strong reputation in both economics and finance ensures that students are prepared for research careers that require a deep understanding of global economic and financial systems, and they are well-prepared to work in multinational companies, international policy-making institutions, or research organizations.
Location
University of Warwick
Score
IELTS 7
Tuition Fee
£
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 7.0, with minimum component scores of two at 6.0/6.5 and the remaining components at 7.0 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 MRes in Finance and Economics program at the University of Warwick are well-equipped to pursue a variety of rewarding career paths in academia, research, policy analysis, consulting, and the finance industry. With advanced training in economic theory, quantitative methods, and research techniques, graduates possess a versatile skill set that opens doors to diverse opportunities.
Academic Research: Many graduates choose to pursue careers in academia, conducting research and teaching at universities, colleges, or research institutions. With their advanced training in finance and economics, graduates may pursue doctoral studies or research positions, contributing new insights to the fields of finance, economics, and public policy.
Policy Analysis: Graduates may work in government agencies, international organizations, or think tanks, where they analyze economic trends, assess policy implications, and develop evidence-based recommendations for policymakers. Roles may include policy analyst, economic researcher, or government economist, where graduates contribute to the formulation and evaluation of economic policies and programs.
Financial Consulting: Graduates may find roles in consulting firms, providing strategic advice and solutions to businesses, governments, or non-profit organizations. Roles may include management consultant, economic consultant, or financial analyst, where graduates apply their expertise in finance and economics to analyze data, develop insights, and recommend actionable strategies to clients.
Research and Development: Graduates may pursue research roles in financial institutions, economic research firms, or corporate R&D departments, where they conduct empirical research, analyze market trends, and develop innovative solutions to complex financial and economic challenges. Roles may include research analyst, economic strategist, or quantitative researcher, where graduates contribute to the advancement of knowledge and innovation in their respective fields.
Financial Analysis: Graduates may work as financial analysts in various industries, conducting financial modeling, forecasting, and performance analysis to support investment decisions, strategic planning, or budgeting processes. Roles may include equity analyst, credit analyst, or financial planning and analysis manager, where graduates provide valuable insights to stakeholders based on rigorous financial analysis.
Quantitative Finance: Some graduates may pursue roles in quantitative finance, where they apply advanced mathematical and statistical techniques to analyze financial data, develop trading strategies, or model financial risk. Roles may include quantitative analyst, algorithmic trader, or risk manager, where graduates leverage their quantitative skills to optimize investment decisions and manage financial risk effectively.
