Economics and Finance MSc – 2023 entry

Key information

Start date: September 2023

Full-time: 1 year

Part-time: 2 years

Why choose this course

The finance industry is a big part of the economy – and not just in the UK where it employs more than one million people. Economists typically solve problems that are intricately related to resource allocation, and this means that they are well placed to understand in depth – and help shape – financial markets.

Our MSc in Economics and Finance will engage you with a transformative curriculum that promotes advanced knowledge in both subjects and offers many opportunities to develop competencies that are relevant to the modern world.

The programme is designed to prepare you for a range of careers in finance or economics in which advanced analytical capabilities and independent thought can contribute to self-fulfilment. Also, graduates of the programme are well placed to pursue further study in economics and/or finance.

We are a top-10 UK economics school in research (REF 2021) and ranked 67th for business and economics in the world by the Times Higher Education World University Rankings 2023.

Economics: Postgraduate | University of Surrey

Five reasons to study for a masters in economics at Surrey

What you will study

As a student on this programme, you will gain exposure to advanced economic concepts while mastering the complexities of the financial system. In the first semester you will develop a systematic understanding of the core principles in high-level microeconomics, macroeconomics, econometrics, and finance.

The second semester offers great optionality that will allow you to shape your programme according to your strengths, preferences and/or career aspirations. Several aspects of finance are covered (including international finance, derivatives markets, corporate finance, theory and applications in finance, and risk management) together with opportunities to enhance your econometric modelling skills (Econometrics 2 and Financial Econometrics) or explore aspects of economics at more depth (Microeconomics 2, Economics of the Firm).

The MSc Economics and Finance programme features a series of lectures/workshops in research methods that will allow you to build the skills you need to carry out independent research in economics/finance and complete your dissertation in the summer.

Facilities

The University provides its students with leading facilities, including our recently renovated Library and Learning Centre and a range of computer labs across campus.

For students on this course, a designated computer lab is located at the heart of the School of Economics. You will have access to specialist software and have the chance to work and learn together with your peers.

Professional recognition

MSc - Chartered Institute of Management Accountants (CIMA)
Accredited by the Chartered Institute of Management Accountants (CIMA) for the purpose of exemption from some professional examinations through the Accredited degree accelerated route.

Careers and graduate prospects

We offer careers information, advice and guidance to all students whilst studying with us, which is extended to our alumni for three years after leaving the University. Our graduates have lifetime access to Surrey Pathfinder, our online portal for appointment and events bookings, jobs, placements and interactive development tools.

Some of our masters graduates have recently embarked on careers in roles such as:

  • Financial analysts
  • Economists
  • Audit managers
  • Consultants
  • Economic advisors
  • Regulatory advisors.

Others have gone on to study towards PhDs at Surrey and in other top schools in the UK.

Modules

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

The University operates a credit framework for all taught programmes based on a 15-credit tariff. Modules can be either 15, 30, 45, 75 and 120 credits, and additionally for some masters dissertations, 90 credits.

The structure of our programmes follows clear educational aims that are tailored to each programme. These are all outlined in the programme specifications which include further details such as the learning outcomes:

Timetable

Course timetables are normally available one month before the start of the semester. Please note that while we make every effort to ensure that timetables are as student-friendly as possible, scheduled teaching can take place on any day of the week (Monday Friday). Wednesday afternoons are normally reserved for sports and cultural activities. Part-time classes are normally scheduled on one or two days per week, details of which can be obtained from the Academic Hive. View our Code of practice for the scheduling of teaching and assessment (PDF).

Contact hours

Contact hours can vary across our modules. Full details of the contact hours for each module are available from the University of Surrey's module catalogue. See the modules section for more information.

Entry requirements

A minimum of a 2:1 UK honours degree in either business, chemistry, computer science, economics, engineering, finance, mathematics, physics or statistics, or a recognised equivalent international qualification.

Alternatively we will consider a UK 2:1 or overseas equivalent in another subject if you achieve above 60 per cent (UK grading or overseas equivalent) in macroeconomics and microeconomics modules and one other module from algebra, calculus, mathematics, probability, quantitative methods or statistics.

Applicants with a 2:1 degree or overseas equivalent in other subjects who have substantial work experience in the field of their desired specialisation will also be considered.

International entry requirements by country

Do I meet the requirements for this course?

We require you to submit a full application so that we can formally assess whether you meet the criteria published. Unfortunately, we are unable to provide an outcome based on an enquiry (via email, webform enquiry, phone or live chat).

English language requirements

IELTS Academic: 6.5 overall with 6.0 in each element.

View the other English language qualifications that we accept.

If you do not currently meet the level required for your programme, we offer intensive pre-sessional English language courses, designed to take you to the level of English ability and skill required for your studies here.

Credit transfer

The University of Surrey recognises that many students enter their higher education course with valuable knowledge and skills developed through a range of professional, vocational and community contexts. If your experience exceeds the typical requirements for entry to the programme, a process called recognition of prior learning (RPL) may allow you to enter your course at a point appropriate to your previous learning and experience. If you can demonstrate that you have met the learning outcomes for specific modules through your previous learning, it may be possible to exempt you from those modules, and for you to be awarded credit based on your previous qualifications/experience. There are restrictions on RPL for some courses and fees may be payable for certain claims.

In some cases, prior knowledge and skills may allow applicants to join the start of a course without meeting the formal entry requirements.

Please see our code transfer and recognition of prior learning guide (PDF) and recognition of prior learning and prior credit web page for further information. Please email Admissions (admissions@surrey.ac.uk) with any queries.

Fees

Start date: September 2023

Full-time - 1 year

UK
£10,900
Overseas
£19,800

Part-time - 2 years

UK
£5,500
Overseas
£9,900

Please note:

  • These fees apply to students commencing study in the academic year 2023-24 only. Fees for new starters are reviewed annually
  • If you are on a two-year full-time MFA programme, or a two-year or three-year part-time masters programme (excluding modular/self-paced/distance learning), the annual fee is payable in Year 1 and Year 2 of the programme
  • Annual fees will increase by 4% for each subsequent year of study, rounded up to the nearest £100, subject to any overriding applicable legislative requirements.

View the list of fees for all postgraduate taught courses.

Additional costs

There are associated costs with this programme: 

Books/stationery/admin:

  • £35/£75 - STATA software licence (6 or 12 months)
  • £35 - Eviews student software licence (free lite version available).

Grand total: £70 - £110.

 

Funding

You may be able to borrow money to help pay your tuition fees and support you with your living costs. Find out more about postgraduate student finance.

Admission information

Our postgraduate admissions policy* provides the basis for admissions practice across the University and gives a framework for how we encourage, consider applications and admit students. You can also read our postgraduate applicant guidance.

Terms and conditions

When you accept an offer of a place at the University of Surrey, you are agreeing to comply with our Charter, Statutes, Ordinances, Policies, Regulations and our terms and conditions. These terms and conditions are provided in two stages: first when we make an offer and second when students who have accepted their offers register to study at the University. View our offer terms and conditions and our registration terms and conditions (PDF) for the 2022/2023 academic year as a guide as to what to expect.

Please note: the offer terms and conditions and registration terms and conditions which you will be asked to agree to may be different from those detailed in the examples. Our offer terms and conditions will generally be available in the September of the calendar year prior to the year in which you begin your studies. Our registration terms and conditions will be available at the start of each academic year and will vary to take into account specifics of your course and changes for the specific academic year.

Disclaimer

This online prospectus has been prepared and published in advance of the academic year to which it applies. The University of Surrey has used its reasonable efforts to ensure that the information is accurate at the time of publishing but changes (for example, to course content or additional costs) may occur given the interval between publishing and commencement of the course. It is therefore very important to check this website for any updates before you apply for a course with us. Read our full disclaimer.

Course location and contact details

Campus location

Stag Hill

Stag Hill is the University's main campus and where the majority of our courses are taught. 

University of Surrey Admissions

Contact Admissions Team

Address

University of Surrey
Guildford
Surrey GU2 7XH