The MPhil in Finance and Economics is a one-year master's degree that runs from early September to late July. It is an intensive course combining advanced study and research, tailored for people with one year or less of work experience who intend to go on to work for the industry. It places particular emphasis on economic coverage of financial themes, beginning from the institutional background, moving on to careful consideration of how observed institutions should be modelled, and ending by relating existing models to data and discussing how these models should be improved when they do not fit the data. Learning Outcomes On completion of the MPhil degree students should have: acquired advanced technical training in microeconomics and econometrics; acquired a solid grounding in the principles and practice of financial markets and developed an understanding of the tools necessary to make good financial decisions. begun to acquire independent research skills and experience of putting them into practice; acquired experience and guidance in formulating a realistic research topic and prepared written work to a strict timetable; and acquired sufficient knowledge and understanding of advanced economics to proceed to a career as a professional economist in industry or to a research degree.
Applicants for this course should have achieved a UK High II.i Honours Degree. If your degree is not from the UK, please check International Qualifications to find the equivalent in your country. Please read the Faculty's Entry Requirements and How to Apply pages before applying for this course. The Faculty of Economics has high academic requirements and a large number of applicants that meet them. Applicants should have attained or expect to attain a high upper second-class undergraduate (or country equivalent) qualification in Economics. The degree should include standard courses in intermediate-level Microeconomics, Macroeconomics and Econometrics (a Business Studies, Accountancy or Management degree or qualification does not provide an adequate background). If you do not meet the criteria listed below, it is unlikely you will be offered a place. Applicants from UK universities: an undergraduate degree with a minimum of a high 2:1 (average grade over 68%). Applicants from North American institutions: an undergraduate degree with a GPA of at least 3.6 out of 4 or the equivalent. Applicants from other educational systems: an undergraduate degree (or country equivalent) where the applicant is within the top ten per cent of their reference group. In addition, applicants are strongly encouraged to include supporting information of their ranking within each academic year.
Fees and funding
No fee information has been provided for this course