Skip to content
Home>Study at York>Postgraduate>Courses>Economics and Finance (MSc)

Overview Gain a thorough grounding in theoretical and applied finance and economics


Length

1 year full-time

Globalisation means an ever-increasing demand for specialists in economics and finance. This intellectually demanding course will provide you with the essential skills you need to follow professional careers in these areas or to pursue further research.

Aimed at students with a prior knowledge of economics, our MSc in Economics and Finance will give you a thorough grounding in theoretical and applied finance and economics. You'll join one of the largest and most successful economics departments in the country and be taught by highly qualified staff.

The Department of Economics and Related Studies is one of the largest economics departments in the UK. It is ranked in the Top 10 in the 2014 Research Excellence Framework for 'research power' and for the impact of our research on wider society.

Since its foundation, members of the Department have made pioneering contributions in areas including economic theory, econometrics, finance and macroeconomics. York is one of only three UK institutions to receive five stars from the Centre of Higher Education Development for postgraduate economics.

Course content What you’ll study


General

On the Economics and Finance masters degree you'll follow five compulsory core components, in areas such as advanced macroeconomics and econometrics, theory of finance and econometrics. You’ll be able to supplement this with a wide choice of optional modules.

Taught by leading experts, you will complete modules to the value of 180 credits. This includes 100 credits of taught modules - some core and some optional - and an 80 credit dissertation.

Modules

For the Masters you will need to take 100 credits of taught modules. There are five compulsory core modules which amount to 80 of your 100 required credits:

  1. Advanced Microeconomics (20 credits)
  2. Advanced Macroeconomics or International Macroeconomics (10 credits)
  3. Theory of Finance (20 credits)
  4. Financial Markets (10 credits)
  5. Econometrics 1 (10 credits) and Econometrics 2 (10 credits) or
    Econometric Methods for Research (20 credits) or 
    Econometrics 1 (10 credits) and Applied Microeconometrics (10 credits)

In addition, you can choose 20 credits of options from:

  • Applied Microeconometrics (10 credits)
  • Corporate Finance (10 credits)
  • Continuous-time Finance and Derivative Assets (10 credits)
  • Design and Analysis of Mechanisms and Institutions (10 credits)
  • Development and Finance (10 credits)
  • Emerging Market Macroeconomics (10 credits)
  • Experimental Economics (10 credits)
  • Financial Engineering (10 credits)
  • Financial Market Microstructure (10 credits)
  • Financial Risk Management (10 credits)
  • Fixed Income Securities (10 credits)
  • Investment and Portfolio Management (10 credits)
  • Labour Economics (10 credits)
  • Project (10 credits)
  • Public Finance (10 credits)
  • Public Sector Economics: Microeconomic Applications (10 credits)
  • Time Series (10 credits)
  • Topics in Financial Econometrics (10 credits)

A full list and descriptions of modules are available.

Modules change to reflect the latest research and developments. This list illustrates the modules we intend to run in the 2016/17 academic year.

Dissertation

You'll complete a piece of independent research carried out over three months of the summer, guided by a supervisor. The dissertation, of up to 10,000 words, is worth 80 credits and offers you the chance to examine a topic in depth and to develop your academic research skills.

The MSc programme at York offers the kind of modules that fit my career and research interests, and allow me to enrich my understanding of financial markets, emerging markets, social policy and economic models. The programme provides solid foundations for a future career in financial services or for a future research degree in economics or finance.
Lutonadio, MSc in Economics and Finance

Teaching and assessment How you’ll be taught and assessed


Teaching format

This Masters combines a variety of different teaching methods, including:

  • Formal lectures
  • Seminars
  • Problem-solving classes
  • Practical computer-based sessions.

A member of the teaching staff will act as your supervisor throughout the degree, to help guide your studies and monitor progress. The department also has a vibrant research community. You’ll be able to attend the seminars and research workshops in which staff and invited speakers discuss their research.

Assessments

Formal types of assessment in this course include:

  • Dissertation
  • Exams
  • Group project
  • Seminar presentation
  • Essays

As you study modules you’ll take part in assessments that do not contribute to your final mark, instead giving useful feedback on your progress and understanding.

Studying an MSc in Economics and Finance at the University of York was one of my greatest experiences. The lectures and seminars were very well organised and also our lecturers delivered intellectual and insightful material. The University of York has a great reputation in the UK and also internationally, thus employers highly value its students.
Clinton, Economist, Central Bank of Malta (graduated 2013)

Careers Where you’ll go from here


The Economics and Finance masters degree will act as a springboard into a career in an area related to economics and finance. It is also an ideal preparation for a PhD. Around 80 per cent of MSc graduates from the department go on to economics related careers.

Career opportunities

You'll gain the skills that will allow you to work in a variety of organisations. Recent graduate job positions include:

  • Economist (including with HM Treasury and HM Revenue & Customs)
  • University researcher
  • Financial analyst
  • Consultant.

Transferable skills

You'll develop a range of transferable skills during the course, including:

  • Independent working
  • Time management and people skills
  • Communicating research
  • Performing statistical analysis
  • Analytical and technical research skills.

Entry requirements How to get here


Course entry

You should have at least a relevant 2:1 degree, primarily in economics, from a UK university or the equivalent from a non-UK university.

If you do not have a strong background in economics, but have other relevant qualifications or experience, you can take a Summer Session course in Economics and Quantitative Methods.

You can apply and send all your documentation electronically through our online system, which allows you to save your progress and return later to finish. If you're unable to apply online, you can submit a paper application.

Fees and funding

International options

Visit general guidance on international entry requirements or email international@york.ac.uk for further details for this course.

English language

If your native language is not English, you must provide evidence of your English language ability:

  • IELTS: 6.5 with a minimum of 6.0 in each component
  • Pearson (PTE) Academic: 61 overall with a minimum of 55 in each component.

We also accept other English tests. Visit postgraduate English language requirements for further information.

Enquire Contact our admissions tutor if you have any questions


Next steps

Apply now

Contact us

Postgraduate Admissions
pg-admissions@york.ac.uk
+44 (0)1904 322142