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

Overview Explore theoretical and applied finance


Length

1 year full-time

Studying an MSc in Finance at York means you will have access to exceptional teaching and facilities. Using your prior knowledge of economics or the natural sciences, the Masters will give you a thorough grounding in theoretical and applied finance.

The MSc in Finance is recognised by the Chartered Financial Analyst Institute. Our curriculum is closely tied to professional practice and can help you prepare for CFA exams.

Course content What you’ll study


General

Our MSc in Finance provides a springboard to a career in international business or finance, as well as ideal preparation for further research. You'll follow a structured transition to independent research, completing 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'll need to take 100 credits of taught modules. There are five compulsory core modules which amount to 70 of your 100 required credits:

  1. Theory of Finance (20 credits)
  2. Econometrics 1 & 2 or Econometric Methods for Research or Econometrics 1 and Applied Microeconometrics (20 credits)
  3. Either Continuous-time Finance or Financial Market Microstructure (10 credits)
  4. Corporate Finance (10 credits)
  5. Financial Markets (10 credits)

In addition you'll choose 30 credits of options from the below. At least 20 credits should be from Group A:

Group A

  • Development and Finance (10 credits)
  • Financial Engineering (10 credits)
  • Financial Risk Management (10 credits)
  • Fixed Income Securities (10 credits)
  • Investment and Portfolio Management (10 credits)
  • Topics in Financial Econometrics (10 credits)

Group B

  • Advanced Macroeconomics (10 credits)
  • Applied Microeconometrics (10 credits)
  • Emerging Market Macroeconomics (10 credits)
  • Experimental Economics (10 credits)
  • Industrial Economics (10 credits)
  • Labour Economics (10 credits)
  • Public Finance (10 credits)
  • Public Sector Economics: Microeconomic Applications (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 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.

We are 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:

  • 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.

Since its foundation, members of the Department have made pioneering contributions in areas including finance, economic theory, econometrics and macroeconomics.

Careers Where you’ll go from here


Our MSc in Finance will provide you with the essential postgraduate skills you need to follow a career in applied or quantitative finance. It will act as a stepping stone to a financial position in, for example, financial analysis, investment management or corporate finance. The Masters is also an ideal basis for progression to a PhD.

Many of our students have gone on to forge careers in academia or central banks. Others have followed careers as investment analysts, financial advisers, and consultants in commercial banks, stockbrokers and other financial institutions.​​​

Career opportunities

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

  • Banks
  • Multinational companies
  • Securities firms
  • Financial consultancies.

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 from a UK university, or the equivalent from a non-UK university, in an appropriate subject. As well as economics, first degrees in subjects such as mathematics, computing, engineering or the sciences are considered. However, you'll need to have a strong background in elements of mathematical training, including statistics or econometrics.

We run a Summer Session for students who do not have a background in economics, but do have other relevant experience or qualifications.

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

Apply now

Contact us

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