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MSc Economics and Finance

Gain a thorough grounding in theoretical and applied finance and economics

Year of entry: 2020

Length

1 year full-time

Start date

September 2020 (term dates)

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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, this course will give you a thorough grounding in theoretical and applied finance and economics. You'll join one of the largest economics departments in the country and be taught by highly qualified staff.

Five-star learning

York is one of only three UK institutions to receive five stars from the Centre of Higher Education Development for postgraduate economics.

Course content

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 choice of option modules.

Modules

You'll take 100 credits of taught modules. 

Core modules

Option modules

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

Please note, modules may change to reflect the latest academic thinking and expertise of our staff.

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 York approach

Every course at York is built on a distinctive set of learning outcomes. These will give you a clear understanding of what you will be able to accomplish at the end of the course and help you explain what you can offer employers. Our academics identify the knowledge, skills, and experiences you'll need upon graduation and then design the course to get you there.

Students who complete this course will be able to:

  • Explain and understand the methods of logical and mathematical reasoning used by economists, finance professionals and researchers to assess and manage risk, price financial assets and make financial decisions, drawing on key analytical approaches and understanding of the major current research problems in so doing.
  • Identify the research methods and models relevant to particular problems in economics and finance in learned journals and other media with the aid of bibliographical databases, summarising and synthesising this body of knowledge to thoroughly understand the limitations of such models and how an allowance can be made for these weaknesses in practice.
  • Demonstrate a thorough understanding of the techniques of economics and finance and the ability use them, by formulating rigorous and well-reasoned analysis of analytical problems.
  • Use developed digital skills to locate, compile and present economic and financial data and demonstrate a thorough appreciation of their strengths and weaknesses.
  • Formulate economic or financial models in a suitable form for data analysis, selecting suitable state-of-the-art statistical, econometric and computer-based techniques to examine these models and provide robust economic and financial forecasting counter-factual analysis to inform policy makers or private sector clients.
  • Analyse and evaluate the design and impact of relevant public policy in the light of the insight from economic and financial modelling and data analysis.
  • Produce effective written communications which address the concerns of the intended audience. Articulate effectively arguments which are supported by analytical reasoning and, where necessary, by data-based evidence.
  • Formulate a research proposal, identifying a testable hypothesis, select the methodology appropriate to test it and carry out the proposed research efficiently and to a deadline with minimal supervision, to effectively communicate persuasive findings.
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 Economics and Finance

Fees and funding

Annual tuition fees for 2020/21

Study modeUK/EUInternational
Full-time (1 year) £9,650£21,890

Students on a Tier 4 Visa are not currently permitted to study part-time at York.

Fees information

UK/EU or international fees? The level of fee that you will be asked to pay depends on whether you're classed as a UK/EU or international student.

Funding information

Discover your funding options to help with tuition fees and living costs.

If you've successfully completed an undergraduate degree at York you could be eligible for a 10% Masters fee discount.

Home/EU students

International students

Living costs

You can use our living costs guide to help plan your budget. It covers additional costs that are not included in your tuition fee such as expenses for accommodation and study materials.

Teaching and assessment

You’ll work with world‐leading academics who’ll challenge you to think independently and excel in all that you do. Our approach to teaching will provide you with the knowledge, opportunities, and support you need to grow and succeed in a global workplace.

Teaching format

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

  • 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 seminars and research workshops in which staff and invited speakers discuss their research.

Teaching location

You'll be based in the Department of Economics and Related Studies on Campus West. Most of your teaching will take place in Alcuin College and elsewhere on Campus West.

About our campus

Our beautiful green campus offers a student-friendly setting in which to live and study, within easy reach of the action in the city centre. It's easy to get around campus - everything is within walking or pedalling distance, or you can always use the fast and frequent bus service.

Assessment and feedback

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.

Careers and skills

This course 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.

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

Qualification Typical offer
Undergraduate degree 2:1 or equivalent in Economics, Finance or a related discipline, with evidence on your degree transcript of strong grades in economics, mathematics and statistics modules at an intermediate (2nd year) level.

If you have been out of study for a while, or do not have a strong background in economics or mathematics and statistics but have other relevant qualifications or experience, you may be required to take the Summer Session in Economics and Quantitative Methods as a condition of your offer. Alternatively, the Session can also be taken as a stand-alone course.

English language

If English isn't your first language you may need to provide evidence of your English language ability. We accept the following qualifications:

Qualification Minimum requirement
IELTS 6.5, minimum 6.0 in each component
PTE Academic 61, minimum 55 in each component
C1 Advanced and C2 Proficiency 176, minimum 169 in each component
TOEFL 87, minimum 21 in each component
Trinity ISE III Merit in all requirements

For more information see our postgraduate English language requirements.

If you've not met our English language requirements

You may be eligible for one of our pre-sessional English language courses. These courses will provide you with the level of English needed to meet the conditions of your offer.

The length of course you need to take depends on your current IELTS scores and how much you need to improve to reach our English language requirements.

After you've accepted your offer to study at York, we'll confirm which pre-sessional course you should apply to via You@York.

Applying

You can apply and send all your documentation electronically through our online system. You don’t need to complete your application all at once: you can start it, save it and finish it later.

Apply for this course

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Department of Economics and Related Studies

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