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MSc Finance and Econometrics

Gain a thorough grounding in theoretical and applied finance

Year of entry: 2020

Length

1 year full-time

Start date

September 2020 (term dates)

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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.

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

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:

In addition you'll choose 10 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:

  • Apply appropriately related concepts and principles to support finance and economic decision making.
  • Use both deductive and inductive reasoning to analyse, evaluate and, where appropriate, devise solutions to a range of economic and financial problems/issues.
  • Deploy digital skills to locate, compile and present economic and financial data and demonstrate a thorough appreciation of the strengths and weaknesses of the data.
  • Formulate financial and/or economic models in a suitable form for data analysis, and use suitable state-of-the-art statistical, econometric and computer-based techniques to assess these models against the theory and produce convincing explanations.
  • Use bibliographic databases to independently identify relevant and current finance and economic research literature, and critically evaluate the material to determine its usefulness and validity, with the aim of summarising findings to inform and maintain intellectual and professional knowledge and understanding.
  • Produce effective written communications for the intended audience based on arguments that are supported by analytical reasoning and, where necessary, by data-based evidence.
  • Plan and manage a project with minimal guidance informed by relevant and current knowledge, identify an appropriate methodology to apply well-developed skills in research and logical analysis, and effectively communicate results.
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

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:

  • 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.

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:

  • 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

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.

Careers and skills

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

Qualification Typical offer
Undergraduate degree 2:1 or equivalent in a subject with sufficient econometrics and economics and/or finance content. A strong background in mathematics or statistics would be an advantage.
Other qualifications and experience 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.

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.

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