Economics and Finance MSc

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Why Surrey?

Based in one of the top Economics schools in the UK, this programme’s combination of economic theory and quantitative financial skills will equip you for a successful career in the fast-evolving and increasingly complex international financial markets.

The shared nature of the programme will grant you a broader and sharper perspective on the underpinnings of financial markets.

Programme overview

The MSc Economics and Finance programme combines expertise and practical know-how from both the School of Economics and Surrey Business School to help you apply advanced core-economic principles to the context of business and corporate finance, while mastering the complexities of the banking and financial systems.

The programme structure comprises four core modules and four elective modules, split between the School of Economics and Surrey Business School.

This combination provides you with knowledge of microeconomic theory, financial economics and financial econometrics, while also leaving enough room to tailor the programme according to your own particular interests and career aspirations.

Programme structure

This programme is studied full-time over one academic year and part-time over two academic years. It consists of eight taught modules and a dissertation.

Example module listing

The following modules are indicative, reflecting the information available at the time of publication. Please note that not all modules described are compulsory and may be subject to teaching availability and/or student demand.

Educational aims of the programme

The main rationale and aim for the introduction of this programme is combining the expertise and know-how from both the School of Economics and Surrey Business School to help students apply advanced core economic competencies to the context of business and corporate finance while mastering the complexities of the banking and financial systems.

We believe that, by combining the competencies of the School of Economics and the Business School, this programme will provide recent graduates and early stage professionals with rigorous training and a strong analytical background in economic theory, finance, financial economics and econometrics.

This Masters degree is ideal for those who aim to pursue careers as financial economists, quantitative analysts and financial econometricians in the private sector, in the government or in international financial institutions.

The recent financial crisis has highlighted the complexity of the financial phenomena and the need for a deeper understanding of the underpinnings of the financial markets.

The shared programme of the School of Economics and the Business School will provide students with the broad set of economic and financial tools that the new context requires. The increased skill set will also increase the potential career opportunities of the programme’s graduates.

Programme learning outcomes

  • The programme provides opportunities for students to develop and demonstrate knowledge and understanding, skills, qualities and other attributes in the following areas:
  • To critically evaluate the development, characteristics, issues and influences relevant to economics and finance
  • To analyse and debate theoretical and applied knowledge in economics, finance, banking, investment management
  • To evaluate critically a wide range of approaches and techniques relevant to economics and finance
  • To demonstrate an in-depth understanding of the fundamental elements of economics and finance
  • To evaluate critically the complex interrelationships between economics and finance
  • To evaluate outcomes and accurately assess/report on their own/others work with justification and relate them to existing knowledge structures and methodologies
  • To demonstrate high level learning and problem solving skills
  • To conduct research and produce a high quality report – this includes the ability to select, define and focus upon and issue at an appropriate level; to develop and apply relevant and sound methodologies; to analyse the issue; to develop recommendations and logical conclusions; to be aware of the limitations of research work
  • To identify modifications to existing knowledge structures and theoretical frameworks and to propose new areas for investigations/ new problems / new or alternative applications and methodological approaches
  • To display a range of skills relevant to the needs of existing and future managers, executives and professionals irrespective of their sector of operation, particularly in the areas of analysis and synthesis, communication and presentation skills, computing skills, critical reasoning, data analysis, organisation and planning, report and essay writing skills, interactive and group skills, research skills
  • To handle ethical dilemmas likely to arise in management, research and professional practice and to formulate solutions in dialogue with peers, clients, mentors and others

Knowledge and understanding

  • An advanced understanding of the core principles and applications in microeconomics and econometrics
  • An advanced understanding of the theory of banking and finance and how this relates to the role of financial institutions in national and international economies
  • An understanding of the techniques which have been used in contemporary economic research
  • A comprehensive understanding of financial markets both in their theoretical and empirical aspects, and the most sophisticated financial products and their use

Intellectual / cognitive skills

  • The ability to combine relevant theory and analytical techniques with insightful data analysis to produce convincing explanations of economic and finance phenomena
  • The skills necessary to comprehend published economic research papers, and to integrate the implications of published research in their own studies

Professional practical skills

  • The ability to select appropriately between alternative analytical techniques and research methodologies which can be used in order to analyse all the different aspects of financial data
  • The ability to formulate a plan for specific individual research which would further existing knowledge
  • The ability to communicate the results of independent research in the form of a dissertation
  • The ability to comprehend published financial and economic research papers, and to integrate the implications of published research in their own studies

Key / transferable skills

  • General skills, such as literacy, numeracy, IT and computing
  • Interpersonal skills, such as communication
  • Many subject specific skills are highly transferrable, including abstraction, analysis, deduction, induction, quantification, design and framing (understanding parameters to a problem to help decision making) 

Global opportunities

We often give our students the opportunity to acquire international experience during their degrees by taking advantage of our exchange agreements with overseas universities.

In addition to the hugely enjoyable and satisfying experience, time spent abroad adds a distinctive element to your CV.

Learn more about opportunities that might be available for this particular programme by using our student exchanges search tool.

Related programmes

Postgraduate (Taught)

Related departments/schools

Related research areas

Programme leader

Dr Ciro Avitabile

Find out more

General enquiries:

+44 (0)1483 681 681

Admissions enquiries:

+44-(0)1483-682-222

admissions@surrey.ac.uk

Programme facts

Type of programme:

MSc

Programme length:

  • Full-time: 12 months
  • Part-time: 24 months

Start date:

Sep 2017

Entry Requirements

Applicants should normally hold a minimum of a Bachelors degree (a high UK 2.2) in economics or an equivalent qualification. Applicants without a Bachelors degree in economics should normally hold a 2:1 or equivalent qualification. Each applicant is assessed on their own merit.

Applicants who have a joint degree in economics and a related discipline, or who have had a wide involvement in the field of their desired specialisation will be considered, as may graduates in engineering, mathematics and science.

View entry requirements by country

English language requirements

IELTS 6.5 overall, 6.0 in each component (or equivalent)

We offer intensive English language pre-sessional courses, designed to take you to the level of English ability and skill required for your studies here.

Fees

Study mode Start date UK/EU fees Overseas fees
Full-time Sep 2017 £9,500 £17,500
Part-time Sep 2017 £4,800 £8,800

Please note these fees are for the academic year 2017/2018 only. Annual fees will rise by four per cent (rounded up to the nearest £100) for each year of study.

A complete list of all fees for our Masters Programmes

Funding

Loans, scholarships and financial support

There are many streams of funding for postgraduate students including awards, scholarships and loans. Learn more.

 

For more details

Discounts for Surrey graduates

Thinking of continuing your education at Surrey? As an alumnus of Surrey you may be eligible for a ten per cent discount on our taught Masters programme fees.

For more details

Admissions Information

Our Admissions Policy provides the basis for admissions practice across the University and gives a framework for how we encourage, consider applications and admit students.

Further information for applicants

Postgraduate Study Advice

Steps to Postgraduate Study is an official, independent guide for anyone considering a taught postgraduate course. The guide is produced by the Higher Education Funding Council for England (HEFCE), the Higher Education Funding Council for Wales, the Scottish Funding Council and the Department for Employment and Learning, Northern Ireland.

Find out more

Disclaimer

Modules listed are indicative, reflecting the information available at the time of publication. Please note that modules may be subject to teaching availability and/or student demand.

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