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Home>Study at York>Postgraduate>Courses>Finance and Econometrics (MSc)

Overview Gain a thorough grounding in theoretical and applied finance


Length

1 year full-time

Our MSc in Finance and Econometrics will give you access to exceptional teaching and facilities. Aimed at those with a prior knowledge of economics and/or mathematics, the programme provides a thorough grounding in the theory of finance, as well as the mathematical techniques needed to model complex data.

After completing my BSc here I decided to stay at York because I knew that I would be getting a first class education.
Carl, MSc in Finance and Econometrics

Course content What you’ll study


General

Our MSc in Finance and Econometrics provides excellent training for careers in fields such as quantitative analysis, financial economics and financial econometrics. You'll follow a structured transition to independent research, covering topics such as financial markets, econometric methods for research and the theory of finance.

Taught by leading experts, you will complete modules to the value of 180 credits. These include 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 six compulsory core modules which amount to 90 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. Topics in Financial Econometrics (10 credits)
  5. Financial Markets (10 credits)
  6. Econometric Methods for Research (20 credits)

In addition you'll choose 10 credits of options from:

  • Applied Microeconometrics (10 credits)
  • Continuous-time Finance and Derivative Assets (10 credits)
  • Corporate Finance (10 credits)
  • Design and Analysis of Mechanisms and Intitutions (10 credits)
  • Financial Engineering (10 credits)
  • Financial Market Microstructure (10 credits)
  • Fixed Income Securities (10 credits)
  • Investment and Portfolio Management (10 credits)
  • Project (10 credits)
  • Time Series (10 credits)

A full list and descriptions of modules are available.

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 Department of Economics and Related Studies was ranked eighth in the UK for the impact of its research in the 2014 Research Excellence Framework.

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

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:

  • 10,000 word 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.

The course mixes a thorough grounding in the theory of finance as well as the mathematical techniques needed to model complex data. As the course starts from the basics, it is possible not to have done finance before and still get as much out of it as people who have.
Carl, MSc in Finance and Econometrics

Careers Where you’ll go from here


This Masters will give you the essential postgraduate skills you need to follow a career in applied or quantitative finance, or to pursue further research. Employers will value your knowledge of econometric techniques and your ability to analyse financial markets. The MSc in Finance and Econometrics is also excellent preparation for a PhD.

Career opportunities

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

  • Banks
  • Consultancies
  • Investment companies
  • Government departments
  • International financial institutions
  • Universities.

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 2:1 degree, primarily in economics with a strong econometrics content, from a UK university or the equivalent from a non-UK university.

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.

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 tutors if you have any questions


Next steps

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Contact us

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