Course summary
Economics and International Financial Economics MSc offers an unbeatable combination of strong core studies and specialist, advanced options. At Warwick’s Department of Economics, ranked 1st in the UK (The Good University Guide 2023) and 22nd in the World (The QS World University Subject Rankings 2023), you will conduct academic research with guidance from world-leading experts. Our exciting MSc in Economics and International Financial Economics is designed to link economic theory and empirical economics with the practice of international finance. The course will provide you with a thorough grounding in advanced core areas of microeconomic and macroeconomic theory, econometrics and research methods, plus the opportunity to specialise in international financial economics, engaging in contemporary theoretical and empirical debates. You will be automatically enrolled on a pre-sessional Mathematics and Statistics programme to equip you with the relevant methodological skills you need to succeed. By the end of the course, you will be able to read and understand research papers and articles in academic journals, build theoretical models, and initiate empirical research and evaluate its findings. Skills from this degree
- Rigorous advanced training in economic analysis and techniques, which includes opportunities to contribute to current economic research and debates
- Analytical approach to thinking about problems, policies and decision-making in economics and international financial economics
- Research skills; use of library and internet as information sources; locating, extracting, analysing, and presenting material
- Numeracy and quantitative skills; use of mathematics and diagrams, understanding data, statistical analysis
- IT skills; word processing and spreadsheets; specialist econometric or statistical software; internet applications
- Written and oral communication skills
Modules
The following basic structure applies to MSc Economics and International Financial Economics: Microeconomics A or Microeconomics B Macroeconomics A or Macroeconomics B The Microeconomics and Macroeconomics modules will develop your understanding of advanced economic analysis, with more applied versions (A) or more technical/theoretically orientated versions (B). As a guide, we expect students opting for the B versions of Microeconomics and Macroeconomics to have obtained the equivalent of a First class mark (70%) in their undergraduate studies, though we will consider a request to take a B variant even if that prerequisite is not met. Quantitative Methods: Econometrics A or Quantitative Methods: Econometrics B Econometrics A covers fundamental econometrics research skills and Econometrics B will supplement the development of these key and fundamental professional skills by looking at more advanced topics. Dissertation You will have the opportunity to pose an interesting research question in economics and international financial economics, to find the correct methods for analysing the question, including development of theoretical models and/or analysis of data where appropriate, and to write up your results independently. Optional modules Optional modules can vary from year to year. Example optional modules may include:
- Topics in Global Finance
- Investment and the Financial System
- Game Theory
- International Trade
- Monetary Economics
- Public Economics
Assessment method
For MSc students, assessment is through formal examinations, coursework and an individually supervised research dissertation. Feedback is a vital part of the assessment process, as it helps you to reach your full potential by identifying the strengths and weaknesses of your work and the actions needed to develop your understanding and enhance your performance. Feedback is provided in a variety of ways, including:
- Grades and comments on marked work
- Solutions to problem sets
- Verbal feedback from tutors and peers in classes
- Advice and Feedback hours with academic staff
Entry requirements
Minimum requirements 2:i undergraduate degree (or equivalent) specialising mainly in economics. This means you should have achieved a good standard in undergraduate courses in microeconomics, macroeconomics and econometrics/economic statistics at an intermediate level. We also expect a good standard achieved in mathematics taken at undergraduate level. English language requirements You can find out more about our English language requirements. This course requires the following: Band A IELTS overall score of 6.5, minimum component scores not below 6.0. International qualifications We welcome applications from students with other internationally recognised qualifications. For more information, please visit the international entry requirements page. Additional requirements There are no additional entry requirements for this course.
Fees and funding
Tuition fees
No fee information has been provided for this course
Additional fee information
Please visit the University of Warwick website for the tuition fees for postgraduate courses:
https://warwick.ac.uk/study/postgraduate/funding/fees
Sponsorship information
We offer a variety of postgraduate funding options for study at the University of Warwick, from postgraduate loans, university scholarships, fee awards, to academic department bursaries. It's important that you apply for your postgraduate course first before you apply for a University of Warwick scholarship.
Provider information
University of Warwick
Coventry
CV4 7AL