MRes Finance and Economics

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:  

• 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.

• 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.

• 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.

1. 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.

2. 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.

3. 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.

4. 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.

5. 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.

6. 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.