Financial Economics MSc

Image for Financial Economics MSc

MSc Financial Economics will provide students with an advanced training in economics and in finance, acquainting them with recent developments and current issues in both areas. It will examine financial topics from an economics perspective and enable students to apply their analytical skills to financial markets.

Course fact file

Type of Course: Taught

Study Options: Full time

Duration: 12 months

Start date: September


Quick links: Why study this course | Modules | Fees and Funding |
Entry RequirementsHow to apply

The University of Birmingham attracts experts in their field, such as Nobel Prize winner Professor Al Roth, which helps to enchance the student experience.

The programme will be primarily targeted at students with an undergraduate degree in an economics-based degree but with a desire to obtain a technical training relevant for the world of finance.

With its blend of generic modules and specialist financial modules, MSc Financial Economics would be ideal for individuals wishing to embark on a career in the finance industry.

This course will give students an insight into financial markets and the world of banking from an economics perspective.


Compulsory modules (with credit weightings)

  • Theory of Finance (10)
  • Macroeconomics (20)
  • Econometrics (30)
  • Topics in Money and Banking (10)
  • Economics of Financial Markets (10)
  • Monetary Policy (10)
  • Options and Derivatives (10)
  • Dissertation (10)

Optional modules - choose 10 credits from the modules below

  • Development Economic Policy
  • International Trade Policy
  • Experimental and Behavioural Economics
  • International Banking: Regulation and Supervision
  • Natural Resource Economics
  • Corporate Finance

Fees and funding

Tuition fees for the programme for 2014/15 are as follows:

  • UK/EU students = £11,070
  • International students = £14,495

Please check with the School for the latest fees information. Learn more about fees and funding.

Business School Scholarships may be available, find out more about our scholarships.

International students can often gain funding through overseas research scholarships, Commonwealth scholarships or their home government. Find out more.

Entry requirements

All entrants should have a good undergraduate degree (UK 2.1 or equivalent) in Economics or a related subject. Minimum subject requirements would be intermediate level Microeconomics, Macroeconomics and Econometrics (or Statistics).

English language requirement will be IELTS 6.5, with at least 6.0 in each band, or equivalent.

How to apply

When clicking on the Apply Now button you will be directed to an application specifically designed for the programme you wish to apply for where you will create an account with the University application system and submit your application and supporting documents online. Further information regarding how to apply online can be found on the How to apply pages

Apply now

Learning and teaching

Students will gain an advanced training in general economics, ranging from microeconomics to macroeconomics, and in the principles of finance.

They will be able to formulate modules mathematically and to undertake advanced econometric analysis, with emphasis placed on applying the knowledge to areas of finance.

Your learning setting

The home of Birmingham Business School is University House, conveniently situated on the edge of the main campus opposite the main gate of the University. To the elegant old house of 1908, that houses staff rooms and social space, a new multi-million pound state of-the-art teaching and learning complex has been added giving a unique combination of historic elegance and cutting-edge facilities.

Our students benefit from advanced teaching technology. All fifteen lecture theatres and seminar rooms contain comprehensive audio-visual equipment and sound systems, as well as wireless connectivity and data projection. Three large PC clusters add to computing facilities already available to students across the campus. The main lecture theatre, seating 200, is often utilised outside term-time as a conference facility for local industry.


Students completing MSc Financial Economics will have acquired the advanced disciplinary knowledge and competence in methodology and techniques required for employment in the financial world.

They will have acquired generic skills that are applicable across a wide range of career opportunities.

Career Events and Workshops

A range of career management, personal development and employer events are run each year to help students make the most of the opportunities that they will come across after graduation. They are advertised via the Careers in Business website, leaflets, notice boards, emails and on Canvas, the University’s virtual learning environment (VLE).

Careers Development Advice

Consultants provide individual advice services to help students realise their career objectives, including:

  • career review and objective setting;
  • job seeking strategies;
  • CV review and application advice;
  • interview and selection advice;
  • working in the UK;
  • international work enquiries.

Using the Careers and Employability Centre

Postgraduate students in the Business School are very welcome to use the services provided by the Careers and Employability Centre, such as online vacancy listings, employer presentations and fairs and accessing careers information online.

Students can book appointments with the staff in the Careers and Employability Centre to check their CVs, have mock interviews and other job search related activities. Full details of the services available to students can be found at the Careers Network.