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master economics and finance

Master's programs

Master in economics & finance.

Become an economic expert in business and finance

TAKE THE NEXT STEP

Realize your ambitions with an international career.

The Master in Economics & Finance at HEC Paris is a unique program that provides key knowledge in economics and finance as well as strong analytical and numerical skills.

Applying economic concepts and methods to real-life strategic issues, you will be well-prepared for a high-flying career in an array of industries, including financial services, consulting, or even the public sector. The program’s perfect theory-practice balance and frequent conferences with industry leaders – such as Nobel prize winners – allows you to experience economics in action. This asset, paired with frequent study trips, company visits, networking events, and job market workshops, will equip you with the means to flourish in the job market upon graduation.

Why join the Master in Economics & Finance?

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The MASTER IN ECONOMICS & FINANCE experience

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Program structure

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Class profile

students

82 Students

international-students

71% International students

worldwide

16 Nationalities

womens-students

23 Average age

gmat-score

700 Median GMAT

Career opportunities.

find-work-after-3-months

100% Employed within 3 months

outside-home-country

47% Work outside their home country

consulting

55% of graduates work in Financial Services

starting-salary

€61,000 Average starting salary

jobs

5 Job fairs on Campus

careers

Over 300 companies recruited HEC graduates

Webinar - hec paris & gradright - how to finance your masters - for indian students, webinar - master in management & innovation hec - tum, webinar - ms/llm droit et management international, master's degree accreditations.

This Master has been awarded both the Visa and Grade of Master, and has been accredited by the French Ministry of Education through the CEFDG (Commission d’Evaluation des Formations et Diplômes de Gestion) to be entitled to grant a Master’s degree (Bac + 5)

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Master of Science in Finance and Economics (MSFE)

Available 100% online, gmat waiver offered.

TFE Times Badge

The Paul and Virginia Engler College of Business at West Texas A&M University offers a Master of Science in Finance and Economics (MSFE).­ The MSFE graduate program was ranked #2 in The Financial Engineer's 2022 Financial Economics Rankings of economics and finance graduate programs.­ Overall scores for the rankings are based on several factors, including the program's acceptance rate, incoming students' undergraduate GPA, employment after graduation, and starting salary.­  The program earned a 2023 #38 ranking as a best graduate business program by U.S. News & World Report .­  Visit the Engler College of Business Rankings and Recognition page for additional information.  

The MSFE is designed for students who want to improve their understanding of economics and finance, particularly those interested in or already working in:

Program Details

The MSFE program is available to all applicants with a four year bachelor degree from a regionally accredited university and does not require a bachelor's degree in business or a related field. The 36 to 45 hour program is available as 100% online asynchronous courses to meet the degree requirements. Students that do not want to complete their entire program online are welcome to complete some courses on campus in addition to the online mode. Our MSFE program is designed for full time employed professionals allowing up to six years for completion to complement your work-life balance, however most students complete the program in a two year period. Students may tailor the program to concentrate more on Finance, or Economics or gain a balance of both areas. Students can choose their course load each semester within five semesters each year:

Degree Requirements

Leveling courses - 0 - 9 hours.

Students seeking an MSFE degree must first establish proficiency in Finance, Accounting, and Statistics. This proficiency may be established by courses taken in an undergraduate program, by completing advanced standing examinations in these areas, or by taking the following courses: FIN 6300, ACCT 6300, CIDM 6300.

MSFE CORE COURSES – 21 HOURS

Theory of households and firms (choose one).

ECON 6305 - Seminar in Microeconomic Theory ECON 6370 - Economics of Health and Medical Care ECON 6372 - Current Issues in Industrial Organization

Monetary and Fiscal Policy (Choose one)

ECON 6306 - Seminar in Macroeconomic Theory ECON 6312 - Seminar in Money and Banking ECON 6332 - Problems in Government Finance and Fiscal Policy

Corporate Governance (Choose one)

FIN 5311 - Corporate Governance and Ethics FIN 6350 - Seminar in Financial Planning ECON 6352 - Environmental Policy Issues

Asset Valuation (Choose one)

FIN 5320 - Investments FIN 5321 - Portfolio Management FIN 6322 - Security Analysis FIN 6330 - Financial Markets and Derivatives 

Corporate Finance (Choose one)

FIN 6320 - Seminar in Finance FIN 6370 - Financial Management of Health Care

International Business (Choose one)

ECON 6341 - Seminar in International Economics and Economic Development FIN 5323 - International Finance FIN 6323 - Multinational Finance

Quantitative Analysis (Choose one)

CIDM 6305 - Quantitative Analysis in Business ECON 6308 - Seminar in Data Analytics ECON 6320 - Econometrics ECON 6362 - Advanced Business Forecasting

GRADUATE ELECTIVE COURSES – 9 HOURS

Choose from graduate courses in Economics (ECON), Finance (FIN), or CIDM 6305

GRADUATE ELECTIVE COURSES - 6 HOURS

Choose from graduate courses in Economics (ECON), Finance (FIN), Accounting (ACCT), Computer Information & Decision Management (CIDM), or General Business (BUSI)

Upon MSFE coursework completion, degree candidates are required to pass a comprehensive exam. See details below.  

Receive Your Personalized Plan of Study

For more information about specific courses you would be taking, request a Personalized Plan of Study by e-mailing your resume/cv and your unofficial transcripts/mark sheets to the Graduate Business Office, [email protected]  The unofficial transcripts/mark sheets must show university name, GPA, and conferred degree. If your transcripts are from a foreign university, please send official evaluated transcripts via one of the listed Foreign Credential Evaluation Services , or contact the WTAMU International Student Office for more information regarding international student admissions.

Course Introductory Videos

Learning objectives for the msfe program.

The Engler College of Business at West Texas A&M University seeks to prepare students in the Master of Science in Finance and Economics (MSFE) degree program for careers in business and to foster their professional growth and advancement via the key learning goals.  The key learning goals for the MSFE program are as follows.

Objective 1.1

Writing: Demonstrate capacity to employ written presentation channels to communicate finance and economics research results. 

Objective 1.2

Oral Communication: Demonstrate capacity to employ oral presentation channels to communicate finance and economics research results. 

Objective 2.1

Critical Thinking: Demonstrate capacity to use finance and economic analytical tools to analyze complex problems and recommend feasible solutions. 

Objective 3.1

Business Ethics: Demonstrate capacity to recognize and evaluate ethical dimensions of financial decisions and effects on stakeholders

Objective 3.2

Global Business Environment: Demonstrate knowledge of the issues involved in conducting business in a diverse, global environment

Objective 4.1 

Theoretical Integration: Demonstrate knowledge and understanding of advanced theoretical concepts in microeconomics, macroeconomics, and financial management

Objective 4.2

Quantitative Integration: Demonstrate knowledge and understanding of advanced quantitative and statistical skills to solve finance and economics problems

Comprehensive Exam

Students in the MSFE Program are required to pass a comprehensive exam to earn their degree. This exam will be offered the first Friday during finals week at the end of each semester.­ The comprehensive exam covers MSFE goals 2, 3, and 4 with an explicit focus on objective 4.1 and an implicit focus on objectives 2.1, 3.1, 3.2, and 4.2.­­ 

For comprehensive exam questions, please contact: Dr. Anne Macy, Professor of Finance, at [email protected] .

MSFE Program Faculty for 2022-2023

Contact information.

AACSB

The MS in Financial Economics program is no longer accepting applications for Fall 2023. Candidates are encouraged to apply for a term in the future.

Ms in financial economics.

Econometrics. Statistics. Forecasting. Many specialties go into financial economics. With Johns Hopkins University’s financial economics master’s degree program, you can gain the quantitative acumen to conduct empirical economic analyses and improve decision-making across the financial sector.

Program Overview

Financial decision-making can make or break the global economy. It’s why private and public institutions rely so much on financial economists. After all, these professionals conduct the data analyses needed to identify economic trends and help maintain financial stability for not just investors but the overall economy.

Advance into these in-demand roles with the MS in Financial Economics program from Johns Hopkins University. Your education will extend beyond economic theory, as this master’s degree focuses on the econometrics and quantitative skills needed for today’s financial economics careers. This practical focus will enable you to perform empirical market analyses to help improve decision-making across the financial economics landscape.

Of course, financial economics institutions rely on economics professionals with diverse specializations. So, Hopkins lets you customize the master’s degree in financial economics to gain expertise for the career you desire.

A Flexible Way to Invest in Your Future

Hopkins designed the MS in Financial Economics for motivated professionals. You’ll earn your master’s degree online or on campus, getting the flexibility to advance your education and career at the same time. Even better, you’ll develop the quantitative acumen needed to break through as a leader in the financial sector.

This master’s degree program offers 10 financial economics courses led by faculty who hold or have held leadership roles at prestigious financial institutions. Capitalize on their expertise as you develop the talents to:

Master Financial Economics Online or On-Campus

Only a few online master’s degrees in financial economics programs exist today. At Hopkins, you can earn the MS in Financial Economics degree online or on campus in Washington, D.C. No matter the format, you’ll get the flexibility and support to succeed in your classes and career.

Maximize Your Return on Investment

Earning the MS in Financial Economics degree is a sound economic decision. Simply put, this program’s tuition is lower than similar programs from business schools. And you’ll open the door to numerous financial economics career options after earning your master’s degree.

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master economics and finance

MS in Financial Economics Information Session

What sets jhu's financial economics master's degree apart.

Discover the benefits of pursuing the MS in Financial Economics online or on campus at Johns Hopkins.

master economics and finance

Gain Foundational Financial Economics Expertise

The core coursework gives you a solid foundation in micro and macroeconomic theory, statistics, and econometrics. You can also customize the MS in Financial Economics program with coursework that explores financial management, behavioral economics, the economics of derivatives, and more.

master economics and finance

Learn from Well-Respected Economists

Tap into the expertise of economists who hold or have held prominent positions throughout the financial sector. Our faculty's experience includes leadership roles with Freddie Mac, the Federal Reserve Board of Governors, and the Financial Industry Regulatory Authority.

master economics and finance

Go Hands-On with Time-Series Analyses

The global economy isn't just complex; it undergoes constant change. With the MS in Financial Economics program's time-series econometrics courses, you'll gain practical experience modeling economic conditions. This master's degree's time-series component includes coursework in macroeconometrics, macroeconomic forecasting, or financial econometrics.

master economics and finance

Select Electives for Your Career Goals

The financial economics master's degree offers electives related to an abundance of financial economics career options. A few of the electives that you can take online or on campus include Economics of Derivatives, Economics of Investments and Financial Management, Financial Intermediation and Financial Markets, and Machine Learning in Statistics.

master economics and finance

Take the Next Step

Master economic theory and quantitative skills for analyzing financial risks and opportunities. Pursue the MS in Financial Economics online or on campus.

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Home / Academics / Graduate Program / M.S. - Applied Economics and Finance

Master of Science in Applied Economics and Finance

The Master of Science in Applied Economics and Finance is a one year program that provides analytical graduate training designed to prepare students for careers in business, international and domestic banking, consulting firms, government, and nonprofit organizations.

Improve your data analysis and finance skills using applied economics and econometrics. Our next cohort starts August 2023. Don't miss out, upgrade your job skill set now. Request a call back or advising session here.

APPLY HERE - deadline for applications Feb 28, 2023

This program combines

The curriculum stresses mastery of core principles in micro and macroeconomics and finance.

In addition, each student learns

Students must pass a comprehensive capstone requirement to receive their degree. This capstone requirement consists of a comprehensive examination, which will take place within two weeks of spring graduation. Students who do not pass the June examination may take it again in August at a date scheduled by the department. 

Program Requirements can be found here.

International students in the M.S. program are eligible to apply for OPT through the Office of International Education. Our M.S. program in applied economics and finance is also eligible for the OPT Stem Extension. For more information please visit the  Office of International Education .

Graduates of this program have gone on to successful careers in the private and public sectors with placements at a diverse range of companies and institutions, including ADM Associates, Inc., Anderson Tax, SoFi, Cisco Systems, Seagate Technology, Google, Sony Computer Entertainment, Plantronics, Wells Fargo, Securities and Exchange Commission, all of the big four accounting firms, McKesson Corp., Pepsi Corp., Visa, Square Trade, the California Franchise Tax Board, Guardian News (UK), Blue Cross, the World Bank, Stanford University, and the Bank of Japan. Other graduates have gone on to earn Ph.D.s in economics. 

Applications will be accepted online beginning in October at https://www.gradadmissions.ucsc.edu/ .

Apply before February 28, 2023 deadline for applicatio n to the fall 2023 M.S. APEF program cohort.

For more information

Recorded information session below.

Email  [email protected]  to talk with an advisor about the program and your potential for success!

Thank you for your interest in the M.S. Applied Economics and Finance program at UC Santa Cruz 

Last modified: January 24, 2023 128.114.113.87

14 Master of Science Programs in Finance and Economics

There are few fields of study that are as wide-ranging and impactful as finance and economics. Every decision that we make in our lives is an exercise in economic principles such as scarcity, utility, and supply and demand. For the inquisitive student, an MSc in Finance and Economics is an excellent way to not only learn about what motivates us to make decisions, but also to make and cultivate val… Read more

There are few fields of study that are as wide-ranging and impactful as finance and economics. Every decision that we make in our lives is an exercise in economic principles such as scarcity, utility, and supply and demand. For the inquisitive student, an MSc in Finance and Economics is an excellent way to not only learn about what motivates us to make decisions, but also to make and cultivate valuable relationships and references that can lead to a lucrative career in the world of finance and economics.

What is a Master of Science in Finance and Economics? This is a course of study covering economic theory, calculus, accounting, finance, and laws & regulations. All of these components are essential for the student to gain a meaningful understanding of both local and global economic trends that affect our lives. Coursework can also be tailored to meet an individual student’s needs if they wish to concentrate on a particular industry.

The benefits of obtaining an MSc in Finance and Economics are myriad. First and foremost, the study of economics and finance in general gives one a greater understanding of the world and what motivates people to make their decisions. Additionally, prospective employers are attracted to applicants who choose this type of challenging and practical coursework.

The cost of obtaining an MSc in Finance and Economics is dependent upon many factors, such as the type of institution (public vs. private, local vs. out of country), and the length of the degree plan. Cost can vary widely so it is important for the prospective student to research tuition and fees at several institutions to learn more.

Career options for individuals with this degree are virtually unlimited. Business management, financial analysis, investment banking and other high level corporate career paths are typical. In addition, careers in accounting, taxation and human resources are popular options. However, degree holders can also pursue rewarding careers in such areas as academia, governmental policy making, and law.

There are programs all over the world that offer an MSc in Finance and Economics. Whether you are interested in online classes or in-classroom instruction, there are many institutions that can offer you the chance to advance your education in finance and economics. Search for your program below and contact directly the admission office of the school of your choice by filling in the lead form.

14 Results in Finance and Economics

MSc International Finance and Economics

Understand the impact of finance and financial markets on the wider global economy, with an emphasis on development and application.

MSc in Economics and Finance

The Economics & Finance MSc from King's Business School provides rigorous coverage of both the theory and practice of economics and finance, driven by research, theory dev ... +

MSc Economics and Finance

Our MSc Economics and Finance course are offered by one of the UK’s leading economics schools. This course’s combination of economic theory and quantitative financial skills w ... +

Earn a scholarship worth up to $10,000

Msc economics and finance for development.

This course will provide you with a systematic understanding of economic approaches to development and in particular, the role of finance and financial institutions. Students ... +

The MSc Economics and Finance programme combines a solid foundation in economic theory and applied econometrics with the study of finance.

Master of Science in Financial Economics (MSFE)

The Master of Science in Financial Economics (MSFE) degree programme is designed to prepare economists and finance professionals for the challenge of analysing and interpretin ... +

MSc International Finance

Benefit from the high level of customization offered by our MIF course.

MSc in Finance and Economics

The MSc in Finance and Economics provides advanced training in the theoretical tools and empirical techniques for economics and finance, preparing students for a professional ... +

MSc Finance and Investment (Economics, Money and Finance)

The programme is studied over one year (full-time). The academic year consists of two fifteen-week semesters, each containing twelve weeks of teaching. The revision and assess ... +

Master in Financial Economics

Financial Economics is designed for enrollees with ample background in Mathematics and Fundamental Economics who wish to master present-day economic models and econometric met ... +

Master of Science in Finance and Economics

Finance and Economics is an exclusive master program aimed at providing an excellent academic background and a practical sense of today's financial markets and international e ... +

Master of Science - Quantitative Finance

The Master of Science in Quantitative Finance is intended to prepare pre-experienced students with strong skills in mathematics, engineering, science, technology, finance and ... +

MA in Economics

Paul College’s M.A. in Economics is one of the most rigorous in the country.

MS/MBA Finance

The Master of Business Administration (MBA) program has been designed to provide the appropriate academic preparation for individuals to hold professional careers in either th ... +

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How to Choose Between an MS in Finance, an MS in Economics and an MBA

Two graduate students discussing information on paper and on a laptop screen

Anyone thinking about earning a master’s degree has a lot of decisions to make. One of the first questions you need to answer is what type of degree you plan to earn. That might be determined by a career path you want to pursue, or your specific interests and skills—for example, if you excel with numbers, a degree in finance might be the right fit for you.

If you are considering a master’s degree in the business field, you have several options, including a Master of Business Administration (MBA), a Master of Science (MS) in Economics and an MS in Finance. Read on to explore specifics of these degree programs and the careers for which they can prepare you.

MS in Finance, MS in Economics and MBA: What's the Difference?

While all three degree programs instill expertise in business, there are some key differences between them. The most obvious is the depth of study they entail: The MS in Finance and MS in Economics provide immersion in specific topics, while the MBA offers a broader, more diverse business education . Each degree can support unique career paths, as well, so it’s essential to understand your professional goals before you select a graduate program.

Master of Science in Finance A master's degree in finance prepares you to do far more than crunch numbers. In leadership positions, you can expect to analyze complex financial models, forecast the future of the financial world and develop strategies to help your business succeed.

MS in Finance programs typically take 15-18 months to complete. Strong curricula include:

Professional titles and average salaries for graduates with this degree include:

The United States Bureau of Labor Statistics (BLS) projects that the field of financial management will grow by 15% by 2030, making it an ideal industry in which to start a career now. 2 While some finance jobs are available to those with just a bachelor’s degree, finance professionals who hold a master’s degree earn significantly more than those who don’t. 6

Master of Science in Economics A master's degree in economics can prepare you for a career in economics or provide the foundation for your Ph.D. Most economics master’s programs take two years to complete and include classes in: 7

If you do not plan to go on to earn a doctorate in economics, you will also need to complete a master’s thesis. Some universities allow you to combine an MS in Economics with degrees in other topics, such as applied mathematics or public policy. Combined degrees usually take longer to complete but, with this more specialized education, you can stand out from other candidates when you enter the job market.

Careers in economics are in high demand, with the BLS predicting 13% growth over the next nine years. 8 Graduates with an MS in Economics may hold these positions and earn these median salaries:

MBA The MBA is the most diverse of these three degree options. Most high-quality MBA programs take two years to complete, with curricula that cover:

One strong appeal of the MBA is the career versatility it supports. With this degree, you can thrive in almost any industry and any business field. Some familiar professional titles, and their median salaries, include:

The Advantages of Graduate Education Online

Many of these degrees are now available online, which provides important benefits for you . The best online programs will offer:

The Finest Education for Your Career Success

Earn the highest-quality master’s degree in the Raymond A. Mason School of Business . Study online with our faculty of expert leaders and gain the in-depth skills that will enrich your potential in business, finance, marketing and business analytics. Enhance your knowledge and earn the necessary credentials on your schedule, from the comfort of your home. To learn more, reach out to one of our Admissions Advisors today .

Sources: 1. Retrieved on June 22, 2021, from www.bls.gov/oes/current/oes111011.htm 2. Retrieved on June 22, 2021, from www.bls.gov/ooh/management/financial-managers.htm 3. Retrieved on June 22, 2021, from www.bls.gov/ooh/legal/lawyers.htm 4. Retrieved on June 22, 2021, from www.bls.gov/ooh/math/actuaries.htm 5. Retrieved on June 22, 2021, from www.bls.gov/ooh/business-and-financial/personal-financial-advisors.htm 6. Retrieved on June 22, 2021, from www.bls.gov/careeroutlook/2015/article/should-i-get-a-masters-degree.htm#Business 7. Retrieved on June 22, 2021, from aeaweb.org/resources/students/grad-prep/overview 8. Retrieved on June 22, 2021, from www.bls.gov/ooh/life-physical-and-social-science/economists.htm 9. Retrieved on June 22, 2021, from www.bls.gov/ooh/life-physical-and-social-science/political-scientists.htm 10. Retrieved on June 22, 2021, from www.bls.gov/oes/current/oes251063.htm 11. Retrieved on June 22, 2021, from www.bls.gov/ooh/math/mathematicians-and-statisticians.htm 12. Retrieved on June 22, 2021, from payscale.com/research/US/Job=Economic_Consultant/Salary 13. Retrieved on June 22, 2021, from www.bls.gov/ooh/management/computer-and-information-systems-managers.htm 14. Retrieved on June 22, 2021, from www.bls.gov/ooh/management/sales-managers.htm 15. Retrieved on June 22, 2021, from www.bls.gov/ooh/management/human-resources-managers.htm 16. Retrieved on June 22, 2021, from www.bls.gov/ooh/business-and-financial/management-analysts.htm

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Degrees & Certifications

MBA vs. Master’s in Finance or Economics: The Main Differences

Daniel has 10+ years of experience reporting on investments and personal finance for outlets like AARP Bulletin and Exceptional magazine, in addition to being a column writer for Fatherly.

master economics and finance

Katie Miller is a consumer financial services expert. She worked for almost two decades as an executive, leading multi-billion dollar mortgage, credit card, and savings portfolios with operations worldwide and a unique focus on the consumer. Her mortgage expertise was honed post-2008 crisis as she implemented the significant changes resulting from Dodd-Frank required regulations.

master economics and finance

MBA vs. Master’s in Finance or Economics: An Overview

For many individuals looking to advance their careers in business, earning a master of business administration ( MBA ) degree may seem like an obvious way to get ahead. But if you work in the world of finance or economics, getting a specialized degree might be a better alternative.

Both MBA and non-MBA programs have specific pros and cons, so it is essential to evaluate your long-term goals before choosing which route to take. It comes down to figuring out the types of skills you are trying to obtain and what job you see yourself pursuing once your diploma is in hand.

Key Takeaways

Professionals often obtain a master of business administration degree after spending a few years in the workforce. In fact, some MBA programs require that applicants have practical work experience before admission.

An MBA will cover finance and economics, but it will remain more general and include other business subjects. Nearly all advanced degrees in business are going to require solid math skills. However, MBA classes require much less abstract mathematical theory than graduate classes in economics and finance. Working knowledge of algebra is often sufficient for success in an MBA program.

Many employers prefer job candidates whose education encompasses the bigger picture, and an MBA certainly fits that bill. There's a benefit in learning something about a broad range of disciplines, from marketing to accounting and information systems. In a typical MBA program, students get exposure to all of these areas. In the process, they gain an understanding of how different parts of an organization relate to one another.

Earning an MBA can be expensive . If you want to attend a top-tier school like Wharton or Harvard, plan on spending over $150,000. Smaller private schools and even state universities are generally less expensive. However, it is still easily possible to spend anywhere from $75,000 to $100,000.

The good news? A 2021 survey by the Graduate Management Admission Council found that MBA recipients tend to take home more than those who follow a narrower track. MBA grads earned a median starting salary of $115,000 in that report, compared to $65,000 for those with a master's degree in finance. MBA graduates may end up working in the technology sector or for financial firms. They may also find positions in sales and marketing for product and service companies or at consulting firms.

Master's in Finance or Economics

Pursuing a master's degree in finance means taking a deep dive into topics such as investment analysis, corporate finance, forecasting, and risk analysis. In an economics master's program, students can expect to take on microeconomics, macroeconomics, and econometrics . These more focused programs tend to attract students who are particularly strong in quantitative analysis and critical thinking.

Specialized programs do have some significant advantages compared to MBAs. For starters, graduates develop specific skill sets. That can make them more attractive to employers looking for experts in a particular field or subject.

The cost of obtaining an advanced degree in economics or finance varies depending on the educational institution. However, it is generally much lower than the price of an MBA. According to 2021 data from The National Center for Education Statistics, graduate degrees can cost anywhere from $10,000 to $30,000 and up per year. Private universities are usually more expensive than public universities.

On the other hand, classes in economics and finance often require taking extensive prerequisites in mathematics. For example, graduate-level economics students usually must take courses in differential calculus, integral calculus, and statistics before being admitted to the program. Furthermore, top universities prefer applicants who complete classes in linear algebra, multivariate calculus, and real analysis.

Many finance graduates go on to work at major corporations, global banks, and mutual fund companies. Economics majors often work in the private sector. However, many also enter academia or go into research roles after receiving a master's degree.

Special Considerations

If you plan on working in the realm of investments, there’s something else you might want to consider when choosing a graduate program. Many of the professionals in this field go on to earn the chartered financial analyst ( CFA ) credential. CFAs must demonstrate competence in areas such as accounting, ethics, money management, and securities analysis.

Some MBA programs help prepare you for a CFA designation, especially those with concentrations in finance.

Finance professionals can make their road a bit smoother by choosing a master’s program that incorporates much of the content for the CFA exam. That reduces the amount of preparation they’ll have to do later. A list of graduate programs recognized by the CFA Institute is available on the organization’s website . Many of the programs affiliated with the CFA Institute are aimed toward a master's degree in finance.

Work Experience

Even if you obtain a specialized degree, companies are likely to look for some relevant work experience. It often pays to work for at least a couple years after earning an undergraduate degree, rather than rushing headlong into a graduate program.

Graduate Management Admission Council. " 2021 Corporate Recruiters Survey GMAC ," Pages 47-48.

National Center for Education Statistics. " Average and Percentiles of Graduate Tuition and Required Fees in Degree-Granting Postsecondary Institutions, by Control of Institution: 1989-90 Through 2020-21 ."

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MSc Finance and Economics

The MSc Finance and Economics draws on the School's strengths in economics, finance and econometrics. It is aimed at students who are interested in gaining a deep understanding of the theory and practice of financial markets.

This interdisciplinary degree, taught jointly by the Department of Finance and the Department of Economics, offers exceptional graduates from quantitative disciplines the opportunity to study in two of the most highly rated departments in their subject areas in the world.

As we teach you not only how to apply and use various well-known models, but also to understand the fundamental concepts on which they are based, you will learn how to alter, test and adapt these models in new market environments. In learning what makes the models tick, you will develop an awareness of the assumptions on which they rely, and - increasingly important in today’s markets - of situations in which these assumptions can break down.

As well as developing your understanding of financial economics, financial econometrics, microeconomics and macroeconomics to a high level, you will have the opportunity to investigate two further specialist aspects of finance in elective courses.

The rigour of the Finance and Economics programme is recognised across the world. As the most academically oriented of our programmes, it provides an excellent grounding for students who are interested in progressing to a PhD in finance or in economics.

Successful applicants come from a variety of quantitative backgrounds including economics, mathematics, engineering, statistics, finance and others. To apply, you should have strong credentials in mathematics and a fascination for finance.  

Programme details

For more information about tuition fees and entry requirements, see the fees and funding and assessing your application sections.

Entry requirements

Minimum entry requirements.

We welcome applications from all prospective students who meet the mininum requirements for this programme.  We seek to recruit students with the very best academic merit, potential and motivation, irrespective of their background. We carefully consider each application on an individual basis, taking into account all the information presented on your application form, including your: 

See further information on supporting documents

You should note that there are always many more applications than places available and possession of the minimum entrance requirements does not guarantee that you will be offered admission.

When to apply

Applications for this programme are considered on a rolling basis, meaning the programme will close once it becomes full. There is no fixed deadline by which you need to apply, however we encourage you to apply early. Details on how to apply .

To be considered for any LSE funding opportunity, you must have submitted your application and all supporting documents by the funding deadline. See the fees and funding section for more details.

Information for international students

LSE is an international community, with over 140 nationalities represented amongst its student body. We celebrate this diversity through everything we do.  

If you are applying to LSE from outside of the UK then take a look at our Information for International students . 

1) Take a note of the UK qualifications we require for your programme of interest (found in the ‘Entry requirements’ section of this page). 

2) Go to the International Students section of our website. 

3) Select your country. 

4) Select ‘Graduate entry requirements’ and scroll until you arrive at the information about your local/national qualification. Compare the stated UK entry requirements listed on this page with the local/national entry requirement listed on your country specific page.

Fees and funding

Tuition fees 2023/24 for msc finance and economics.

Home students: £33,480 Overseas students: £34,128

Table of fees

Every graduate student is charged a fee for their programme. The fee covers registration and examination fees payable to the School, lectures, classes and individual supervision, lectures given at other colleges under intercollegiate arrangements and, under current arrangements, membership of the Students' Union. It does not cover living costs or travel or fieldwork.

The amount of tuition fees you will need to pay, and any financial support you are eligible for, will depend on whether you are classified as a home or overseas student, otherwise known as your fee status. LSE assesses your fee status based on guidelines provided by the Department of Education.

Further information about fee status classification.

Fee reduction

Students who completed undergraduate study at LSE and are beginning taught graduate study at the School are eligible for a  fee reduction  of around 10 per cent of the fee.

Scholarships and other funding

The School recognises that the  cost of living in London  may be higher than in your home town or country, and we provide generous scholarships each year to home and overseas students.

This programme is eligible for needs-based awards from LSE, including the  Graduate Support Scheme ,  Master's Awards , and  Anniversary Scholarships . 

Students on this programme are also eligible for the Sudipto Bhattacharya Scholarships .

Selection for any funding opportunity is based on receipt of an offer for a place and submitting a Graduate Financial Support application, before the funding deadline. Funding deadline for needs-based awards from LSE:  27 April 2023 .

In addition to our needs-based awards, LSE also makes available scholarships for students from specific regions of the world and awards for students studying specific subject areas.  Find out more about financial support.

Government tuition fee loans and external funding

A postgraduate loan is available from the UK government for eligible students studying for a first master’s programme, to help with fees and living costs. Some other governments and organisations also offer tuition fee loan schemes.

Find out more about tuition fee loans

Further information

Fees and funding opportunities

Programme structure and courses

Programme overview.

The Department of Finance enjoys a pre-eminent reputation for the excellence of its teaching and research. Our diverse faculty and student body come from across the globe, providing a rich environment in which to research and study finance, ensuring that we continue to rank alongside the most highly-rated Departments in the world.

Students on the MSc Finance and Economics programme are required to complete courses to the total value of  four full units, comprising  three full-unit core courses and two half-unit elective courses.

Pre-sessional programme

All registered students will participate in a compulsory pre-sessional programme in August 2023. This combines academic preparation with professional development workshops and events.

Academic training Students will take part in the  EC400 Introductory Course in Mathematics and Statistics  (before the main term-time teaching programme starts). The course includes treatment of dynamic programming, continuous time dynamic optimisation, quadratic forms, Kuhn-Tucker theorem, joint and conditional probability distributions, Gauss-Markov assumptions and maximum likelihood estimation, amongst other topics.

Professional development Students will participate in careers skills development sessions delivered by in-house and external professionals. The programme also includes networking and social events with alumni, a City Speaker Series of interactive talks from leading finance professionals and preparation for technical finance interviews. The programme is designed to enable students to be ready for the competitive financial services sector job market.

Students take three units’ worth of compulsory core courses and choose two half-unit elective courses from a range offered within the Department, enabling them to tailor the programme to their interests.

Core courses (full unit each)

Financial Economics  (taught entirely in Autumn Term) Examines investors' behaviour, market equilibrium and asset pricing. Includes a mandatory preparatory course in stochastic calculus and accounting in Week 6.

Financial Econometrics  (taught in Autumn and Winter Terms) Looks at the techniques of empirical investigation in economics and finance.

Either Microeconomics  (taught in Autumn and Winter Terms) Develops the basic tools for analysing problems of resource allocation used by economists. Or Microeconomics for MSc F&E* (half unit, taught in Autumn Term) Develops the basic tools for analysing problems of resource allocation used by economists working in research, government and business. And Macroeconomics for MSc F&E* (half unit, taught in Winter Term) Focuses on the main characteristics of business cycle fluctuations with a special emphasis on what happened during the financial crisis and different macroeconomic models to study business cycles.

*Students with relevant credentials can apply to replace the full unit of Microeconomics with a half-unit of Microeconomics and a half-unit of Macroeconomics

Courses to the value of one unit from a range of options

Elective courses (half unit each)

Dedicated courses   (Finance students only)

Advanced Financial Economics Fixed Income Securities and Credit Markets Topics in Portfolio Management Financial Engineering Risk Management in Financial Markets International Finance A

Non-dedicated courses   (open to non-Finance students)

Quantitative Security Analysis Applied Corporate Finance Sustainable Finance and Impact Investing Entrepreneurial Finance

You will complete a 6000 word structured project in place of an exam in one of your elective courses.

MSc comparison: view an overview of all of the Master’s programmes in the Department of Finance

For the most up-to-date list of optional courses please visit the relevant School Calendar page. 

Please note that,  while care has been taken to ensure that this information is up to date and correct, a change of circumstances since publication may cause the School to change, suspend or withdraw a course or programme of study, or change the fees that apply to it. The School will always notify the affected parties as early as practicably possible and propose any viable and relevant alternative options. Note that the School will neither be liable for information that after publication becomes inaccurate or irrelevant, nor for changing, suspending or withdrawing a course or programme of study due to events outside of its control, which includes but is not limited to a lack of demand for a course or programme of study, industrial action, fire, flood or other environmental or physical damage to premises.

You must also note that places are limited on some courses and/or subject to specific entry requirements. The School cannot therefore guarantee you a place. Please note that changes to programmes and courses can sometimes occur after you have accepted your offer of a place. These changes are normally made in light of developments in the discipline or path-breaking research, or on the basis of student feedback. Changes can take the form of altered course content, teaching formats or assessment modes. Any such changes are intended to enhance the student learning experience. You should visit the School’s  Calendar , or contact the relevant academic department, for information on the availability and/or content of courses and programmes of study. Certain substantive changes will be listed on the  updated graduate course and programme information  page.

Teaching and assessment

Teaching .

The format of teaching for MSc Finance and Economics courses varies. Some courses may have two-hour lectures followed by a separate class; others may have three-hour interactive sessions. Teaching sessions can vary in size depending upon the course. Some classes may be taught by Graduate Teaching Assistants. Students on the MSc Finance and Economics programme have on average 11 hours of contact time per week during the teaching terms.

Assessment methods

Examinations:  MSc Finance and Economics students have two exams in Week 0 of Winter Term. The Summer Exam Period takes place from late April until early June. The exam timetable changes each year and is published by the school at least six weeks before the start of the exam period.

Summative work:  Some Finance courses contain a coursework element which contributes to the final course grade. At LSE this type of coursework is called 'summative assessment'. Different courses set different types of summative work. Some courses require weekly submission of problem sets which all make up a small percentage of the final grade. Summer Exams in some elective courses are replaced by In-Class Assessments, which can take place from the end of Winter Term.

Formative work:  At LSE, any work which is set but does not contribute towards the final course mark is known as formative work. The purpose of formative work is to inform students of their progress on the course and whether they are understanding the concepts taught in lectures. Some formative work is informal, via the setting of problems sets that the teacher will work through with the class, however most courses will also ask for a piece of work to be submitted and then graded.

Academic support

All academic faculty schedule weekly office hours in which any student may visit them to discuss academic issues. In some cases students may be able to arrange a time to meet with a member of faculty outside their office hours.

The MSc Finance & Economics Associate Programme Director will also be your Academic Mentor. Her role is to keep an overview of your academic progress and overall wellbeing during your time at the School. In addition, she has extensive experience of the financial services sector, enabling her to provide a high level of careers support.

There are many opportunities to extend your learning outside the classroom and complement your academic studies at LSE.  LSE LIFE  is the School’s centre for academic, personal and professional development. Some of the services on offer include: guidance and hands-on practice of the key skills you will need to do well at LSE: effective reading, academic writing and critical thinking; workshops related to how to adapt to new or difficult situations, including development of skills for leadership, study/work/life balance and preparing for the world of work; and advice and practice on working in study groups and on cross-cultural communication and teamwork.

LSE is committed to enabling all students to achieve their full potential and the School’s  Disability and Wellbeing Service  provides a free, confidential service to all LSE students and is a first point of contact for all disabled students. It is a first point of contact for all students with physical impairments, long-term health conditions, mental health conditions, specific learning difficulties, and autistic spectrum conditions.

Professional Development Programme

The Department of Finance runs an extensive Professional Development Programme alongside the Academic programme in order to support and prepare students to enter the job market. Starting in the pre-sessional course in August, students are given a wide range of careers support, from CV workshops and application advice to sector overviews and opportunities to meet and network with recent alumni who are working in London.

We run a number of events to best prepare students for the competitive financial services sector job market:

Technical Interview Prep Workshop

This workshop is designed to introduce students to the corporate valuation methodologies that are most often presented to them during finance interviews.  Using an intensive exercise-based approach, the workshop covers finance concepts, reinforces them through problems, and then integrates them into interview question drills.

All students are given access to crash courses in accounting and excel, which is particularly helpful for students who have not had internship experience. The course also provides a useful grounding for the “Theories of Corporate Finance” part of the FM436 Financial Economics course.

Presentation Skills Workshop

Delivered by a professional corporate coach who is also a comedian, this interactive workshop gives students the tools to communicate with impact, influence and confidence.

Each year a number of graduates are accepted into top PhD programmes in the UK, US and Europe. Some students choose to take a pre-doctoral research position after graduation and commence a PhD later. Students considering the PhD route will be able to discuss this with the Associate Programme Director and faculty members.

Selected institutions for PhD study (last 3 years)

Departmental Careers Support

The Department of Finance offers an in-depth Professional Development Programme for our students to help develop your skills and assist you in your job search. See the Professional Development Programme section on this page.

Graduate destinations

Graduates of the MSc Finance and Economics programme go on to work in challenging jobs in a variety of organisations around the world. Examples of the types of organisations include investment banks, central banks, economic and strategy consulting firms, professional services firms and financial boutiques.

In addition to the internationally recognised research environment and academic rigour of its teaching programmes, a great advantage of studying at LSE is the reputation it holds amongst employers for producing high level graduates. 

Selected employers over the past three years

Selected employment locations

LSE Careers

LSE Careers  has a worldwide reputation. It offers a wide range of resources and events to registered students and alumni. These include:

LSE Careers attracts top recruiters in many sectors, who actively target our students. It provides an LSE-exclusive vacancy board full of graduate positions, jobs for experience hires, internships, voluntary and part-time work.

Student life

As a student at LSE you’ll be based at our central London campus. Find out what our campus and London have to offer you on academic, social and career perspective. 

Student societies and activities

Your time at LSE is not just about studying, there are plenty of ways to get involved in  extracurricular activities . From joining one of over 200 societies, or starting your own society, to volunteering for a local charity, or attending a public lecture by a world-leading figure, there is a lot to choose from. 

The campus 

LSE is based on one  campus  in the centre of London. Despite the busy feel of the surrounding area, many of the streets around campus are pedestrianised, meaning the campus feels like a real community. 

Life in London 

London is an exciting, vibrant and colourful city. It's also an academic city, with more than 400,000 university students. Whatever your interests or appetite you will find something to suit your palate and pocket in this truly international capital. Make the most of career opportunities and social activities, theatre, museums, music and more. 

Want to find out more? Read why we think  London is a fantastic student city , find out about  key sights, places and experiences for new Londoners . Don't fear, London doesn't have to be super expensive: hear about  London on a budget . 

Student support and resources

We’re here to help and support you throughout your time at LSE, whether you need help with your academic studies, support with your welfare and wellbeing or simply to develop on a personal and professional level.

Whatever your query, big or small, there are a range of people you can speak to who will be happy to help.  

Department librarians   – they will be able to help you navigate the library and maximise its resources during your studies. 

Accommodation service  – they can offer advice on living in halls and offer guidance on private accommodation related queries.

Class teachers and seminar leaders  – they will be able to assist with queries relating to specific courses. 

Disability and Wellbeing Service  – they are experts in long-term health conditions, sensory impairments, mental health and specific learning difficulties. They offer confidential and free services such as  student counselling,  a  peer support scheme  and arranging  exam adjustments.  They run groups and workshops.  

IT help  – support is available 24 hours a day to assist with all your technology queries.   

LSE Faith Centre  – this is home to LSE's diverse religious activities and transformational interfaith leadership programmes, as well as a space for worship, prayer and quiet reflection. It includes Islamic prayer rooms and a main space for worship. It is also a space for wellbeing classes on campus and is open to all students and staff from all faiths and none.   

Language Centre  – the Centre specialises in offering language courses targeted to the needs of students and practitioners in the social sciences. We offer pre-course English for Academic Purposes programmes; English language support during your studies; modern language courses in nine languages; proofreading, translation and document authentication; and language learning community activities.

LSE Careers  ­ – with the help of LSE Careers, you can make the most of the opportunities that London has to offer. Whatever your career plans, LSE Careers will work with you, connecting you to opportunities and experiences from internships and volunteering to networking events and employer and alumni insights. 

LSE Library   –   founded in 1896, the British Library of Political and Economic Science is the major international library of the social sciences. It stays open late, has lots of excellent resources and is a great place to study. As an LSE student, you’ll have access to a number of other academic libraries in Greater London and nationwide. 

LSE LIFE  – this is where you should go to develop skills you’ll use as a student and beyond. The centre runs talks and workshops on skills you’ll find useful in the classroom; offers one-to-one sessions with study advisers who can help you with reading, making notes, writing, research and exam revision; and provides drop-in sessions for academic and personal support. (See ‘Teaching and assessment’). 

LSE Students’ Union (LSESU)  – they offer academic, personal and financial advice and funding.  

PhD Academy   – this is available for PhD students, wherever they are, to take part in interdisciplinary events and other professional development activities and access all the services related to their registration. 

Sardinia House Dental Practice   – this   offers discounted private dental services to LSE students.  

St Philips Medical Centre  – based in Pethwick-Lawrence House, the Centre provides NHS Primary Care services to registered patients.

Student Services Centre  – our staff here can answer general queries and can point you in the direction of other LSE services.  

Student advocates and advisers  – we have a  School Senior Advocate for Students  and an  Adviser to Women Students  who can help with academic and pastoral matters.

Alumni profiles

Find out what some of our recent graduates have to say about the programme, studying at LSE, life in London, and much more here .

If you have any questions about the academic programme or admissions process please check our  frequently asked questions page , or contact the Department of Finance Admissions team at  [email protected] .

Find out more about LSE

Discover more about being an LSE student - meet us in a city near you, visit our campus or experience LSE from home. 

Experience LSE from home

Webinars, videos, student blogs and student video diaries will help you gain an insight into what it's like to study at LSE for those that aren't able to make it to our campus.  Experience LSE from home . 

Come on a guided campus tour, attend an undergraduate open day, drop into our office or go on a self-guided tour.  Find out about opportunities to visit LSE . 

LSE visits you

Student Marketing, Recruitment and Study Abroad travels throughout the UK and around the world to meet with prospective students. We visit schools, attend education fairs and also hold Destination LSE events: pre-departure events for offer holders.  Find details on LSE's upcoming visits . 

How to apply

Virtual Graduate Open Day

Hear from our recent students

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Related Programmes

Msc finance (full-time).

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MQFE in dark blue box

Note: MQFE is not accepting applications for 2023. 

The M.S. in Quantitative Financial Economics (MQFE) is designed for students who are seeking the greater depth and rigor that are increasingly required by advanced academic programs, as well as in the private sector. If your goal is to prepare yourself and improve your candidacy for a Ph.D. program in finance at a top business school, then this is the program for you. Equally, if you would like to improve your skills in quantitative financial analysis to enter, or move to the next level, in your career in finance, our program can help you to achieve this goal. This program is unique in offering advanced courses in volatility modeling, analysis of high-frequency data, and continuous time finance, as these are areas of expertise within the  financial economics group at Duke .

Students' course selections are based on their specific interests and on recommendations made by their academic advisors in order to meet their longer-run goals. In addition to taking a variety of master's-level courses, students with sufficient preparation will be encouraged to enroll in a combination of doctoral-level courses in financial economics and financial econometrics. The curriculum can be completed in either three or four semesters. Throughout their participation in the program, students compile a portfolio that tracks their academic growth and showcases their accomplishments. The portfolio is composed of research papers, presentations, and other professional documents. It serves as a valuable tool for applying both to jobs and doctoral programs.

Degree Requirements Summary

MQFE courses will be taught predominantly by the  faculty of the Duke Financial Economics Center .  

Course Details

Certain courses in the Departments of Mathematics, Statistics, and Computer Science may be counted as electives towards the 30-credit requirement with advance approval; however, students must complete a minimum of 24 credits in Department of Economics courses. Per Graduate School policy, to count toward the 30-credit requirement, all courses must be at the 500 level or above. 

It is the policy of The Graduate School that undergraduate courses (499 or lower) do not count towards the M.A. degree or a student's GPA. Courses that are cross-listed as both undergraduate- and graduate-level courses count towards the M.A. degree and a student's GPA only if they have a separate, more rigorous syllabus for graduate students. It is the student's responsibility to verify that this is the case before enrolling in any cross-listed courses.

STEM Designation

This degree program classifies as STEM (CIP Code 45.0603: Econometrics and Quantitative Economics), and students in this program can apply for a  24-month STEM extension of F-1 Optional Practical Training (OPT) .

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