Economics MSc Finance and Economics - University of East Anglia (UEA)

Overview

This MSc Finance and Economics degree is designed to provide students with a general training in economics, whilst enabling specialisation in the area of Finance. Faculty who teach on this programme include international experts in several areas of economics and individuals with practice experience of the Stock Market.

The MSc Finance and Economics is offered over one year full-time.

Is the MSc Programme right for you?

Postgraduate Options: Graduate Diploma, MA or MSc
The School of Economics offers a diverse range of taught postgraduate study opportunities:

The Graduate Diploma provides core training in Economics for graduates (or those with an equivalent qualification) who do not already have an extensive recent economics background - acting as a progression route to further postgraduate study, particularly for our MSc Programme.

The Applied Training Programme (Master of Arts) is designed to provide training in new and vocationally attractive skills in Economics. It is appropriate for graduates in Economics who wish to develop specialist expertise without committing to the full research-led training Academic and Professional (MSc) programme. It is also appropriate for those with a limited Economics background but with an undergraduate degree or equivalent experience in the applied area. These courses should appeal to students who wish to pursue a career in the areas of finance, management, international business, international relations and the mass media.

The Academic and Professional Programme (Master of Science) is designed to provide intensive research-led training in advanced economic theory, econometrics and research methods. This route is suitable for those who aim to gain employment as professional economists in government, financial institutions, business, commerce, industry, international agencies and other similar organisations. The MSc Programme is also suitable for those seeking eventual PhD enrolment and/or an academic career as a lecturer in Economics. Many of our former PhD students now hold academic posts as lecturers in University departments both in the UK and overseas.

ESRC Research Centre for Competition Policy

Students undertaking the MSc Finance and Economics degree also benefit from close collaboration with research conducted by the ESRC Research Centre for Competition Policy - one of the University's Research Centres working at the forefront of policy debates in competition economics at international level, with senior advisory links with the European Commission, the UK Office of Fair Trade and the UK Competition Commission. Students are encouraged to attend the Centre's workshops, seminars and conferences and so are able to interact with leading academics and practitioners from across Europe and the United States.

Why Choose Us?

Our distinctive Graduate Diploma and Masters degrees build on the University's research and teaching strengths, with key principles focused on "core knowledge" and "flexibility" to ensure that students gain the rigorous reasoning and analytical skills that make an Economics-related degree so valuable to employers. At the same time, we allow flexibility in providing a wide range of degrees tailored to meet the aspirations of different students.

Our vibrant community of more than 100 postgraduate students are drawn from the UK and around the world (around 25% of our total student body). With this size of programme we are large enough to offer a full range of degrees, together with a substantial pool of experienced supervisors. School of Economics, University of East Anglia

School of Economics, University of East Anglia

We pride ourselves on being a caring department, based on regular and friendly day-to-day first name contact with our students.

We use a variety of teaching technologies, including lectures, seminars, small group teaching, tutorials and IT e-learning resources. These are delivered by experienced members of academic staff, often in a relatively informal learning environment. Assessment is by written assignments, examination, and a dissertation. A continuous control process ensures that our teaching quality continues to develop, and students have access to a number of quality-control channels including student feedback forms, debriefing meetings, and the Student Liaison Committee to help us monitor, evaluate and develop current practice.

There are many external indicators of the quality of our teaching and research. In relation to our teaching, we have been consistently rated as a top 10 department since the inception of the National Student Satisfaction survey. Our School also benefits from Economic and Social Research Council (ESRC) recognition - the main UK postgraduate funding body - for '1+3' Awards (including quota awards specifically to study Economics at the University of East Anglia).

Career Opportunities

For jobs where a high level of numeracy is required, where the ability to work independently, to analyse complex issues and to communicate with a range of audiences is crucial, graduate training in economics provides the ideal platform. Our Masters degrees are designed to equip students with the skills necessary for careers as professional economists or in closely related spheres, such as finance or management consultancy.

The University of East Anglia provides a professional Careers Centre and, together with the School's Academic Careers Adviser, we will help students to choose their career path and develop their employability skills.

Many of our students have gone on to successful careers working for private companies, for government organisations or in universities in Britain and abroad. Please click on the links below to view the career profiles of some of our recent Economics graduates:

Mark Peacock, Consultant on European Industrial and Environmental Policy at the European Commission
Andrew Bugg, Management Consultant, specialising in Media and Marketing Analytics
Katie Robinson, Economist at the Office of Fair Trading
Philomena Bacon, Associate Tutor in Economics at the University of East Anglia
Allan Provins, Consultant Environmental Economist for Economics for the Environment Consultancy (eftec)
Fan Wu, Analyst in the Research Department, Qi Lu Securities Ltd, China

Come and Visit Us

Our Open Days will give you the opportunity to experience the University of East Anglia's unique campus atmosphere.

You will have the chance to attend subject-specific talks and presentations about student life and finance. You will also be able to talk directly to academics, admissions staff and current students giving you a first-hand impression of life at the University of East Anglia - check out the accommodation, learning resources, student support, and our sport and entertainment facilities.

In addition to the above we offer a Personal Visit option, available on specific Friday afternoons throughout the year. These include organised tours of the campus. We have also created a Virtual Open Day experience for you which we hope will help to provide you with an insight into life and study at the School of Economics.

Further Information

If you would like to discuss your individual circumstances with the Admissions Office prior to applying
please do contact us:

Admissions Office (Economics)
Tel: +44 (0)1603 592805
Email: pgeco.admiss@uea.ac.uk

Please click here to download the School of Economics Postgraduate Prospectus or register your details via our Online Enquiry Form.

International candidates are also actively encouraged to access the University's International section of our website.

Entry Requirements

Applicants should normally have a good first degree from a recognised higher education institution. The University will also take into account the employment experience of applicants where relevant.

It is normal for undergraduate students to apply for entry to postgraduate programmes in their final year of study. Applicants who have not yet been awarded a degree may be offered a place conditional on their attaining a particular class of degree.

Undergraduate Degree Subject Economics
Undergraduate Degree Classification 2.1 or equivalent

Students for whom English is a foreign language

We welcome applications from students whose first language is not English. To ensure such students benefit from postgraduate study, we require evidence of proficiency in English. Our usual entry requirements are as follows:

· IELTS: 6.5 (minimum 6.0 in all components)

· TOEFL: Internet-based score of 92 (minimum 19 listening, 21 speaking, 19 writing and 20 reading)

· PTE (Pearson): 62 (minimum 55 in all components)

Test dates should be within two years of the course start date.

Other tests such as TOEIC and the Cambridge Certificate of Advanced English are also accepted by the university. Please check with the Admissions Office for further details including the scores or grades required.

INTO UEA and INTO UEA London run pre-sessional courses which can be taken prior to the start of your course. For further information and to see if you qualify please contact intopre-sessional@uea.ac.uk (INTO UEA Norwich) or pseuealondon@into.uk.com (INTO UEA London).

Special Entry Requirements

September Pre-Sessional Courses

The School of Economics runs intensive courses in Mathematics and Statistics for Economists in the fortnight preceding the Masters programme in September. This course is compulsory and incorporates the techniques of calculus and matrix algebra; in addition, students are introduced to the econometric software package which will be used in their MSc programme.

Year 1

Year 1

Compulsory Study (120 credits)

Students will select 120 credits from the following module(s).

Name	Code	Credits	Period
Economic Theory I This is an advanced module in microeconomic theory, designed for postgraduate students with a strong background in economics. The topics covered in this module include the duality approach to demand theory, firm theory, general equilibrium theory, game theory, choice under uncertainty, agency theory and the economics of asymmetric information. The rational-choice foundations of microeconomics are also critically examined. more...	ECO-M005	20	Semester 1
Economics Dissertation (60 Credits) For all students taking the MA in Economics, Environmental Economics, Experimental Economics, Industrial Economics, Political Economy, Economics and Finance, Economics and International Business, Economics and the Mass Media, Economics and International Relations, Economics and Health Economics, Competition and Regulation Policy. Students are required to write a dissertation of a length as specified in ther MA Course Guide on a topic approved by the Course Director or other authorised person. more...	ECO-M10X	60	Semester 2
Finance This module looks at the operation of capital markets and their relationship to the financial structure of firms, from the point of view of an economist interested in the relationship of asset prices that emerge from financial markets and real levels of productive investment in the economy. The main question revolves around the following - do asset prices formed in financial markets provide accurate signals for resource allocation? more...	ECO-M015	20	Semester 1
Financial Econometrics This is a module of two halves. The first half introduces some basic econometric techniques, and the problems which arise in their use. The second half applies the skills acquired in the first half, to particular problems in financial economics such as the capital asset pricing model, exchange rate forecasting, testing the efficient markets hypothesis, modelling non-constant volatility and estimation of VAR models. With the aid of the specialist econometric software package STATA, theoretical models are estimated and tested using real data. more...	ECO-M017	20	Semester 1

Option A Study (60 credits)

Students will select 60 credits from the following module(s).

Name	Code	Credits	Period
Applied Econometrics This module builds on the econometric theory of earlier courses: ECO-M001, ECO-M017 and ECO-M003. It attempts to place the theoretical ideas of those modules in the context of current applied analysis. The module is divided into five main parts: data issues and distribution theory time series econometrics, estimation of systems of equations, microeconomics, and panel data models. There is an emphasis on the practical application of common estimation techniques, with the specialist econometric software package STATA being used extensively. These skills are assessed in an applied project at the end of the course. more...	ECO-M002	20	Semester 2
Economic Theory II This module is designed to provide training in modern, advanced macreoconomic theory. It aims to familiarize students with the workhorse models economists use to think about macroeconomics, demand and supply shocks, and stabilization policy. The module is compulsory for all students on the MAs in Economics, Economics and Finance, Environmental Economics, Experimental Economics, Industrial Economics and Political Economy more...	ECO-M006	20	Semester 2
Financial Mathematics This is a technical finance module aimed at students wishing to pursue careers in the financial sector. The focus will be on valuation and risk analysis of financial products and positions. The module will be highly analytical, with weekly exercises and assessment balancing mathematical problems and practical exercises involving Excel. Topics covered will include: present value calculation; bond analysis; futures markets; interest rate futures and yield curve analysis; option pricing and hedging; exotic options; Swaps; Martingales. more...	ECO-M022	20	Semester 2
Topics in International Finance This module looks at recent developments in research on the efficiency of financial markets. The starting point will be outlining the rational valuation formula, the random walk hypothesis and efficient market theory in their current guises as representative of orthodoxy. Then the contrast between orthodoxy and 'dissenting' views will be discussed with reference to equity markets, bond markets, foreign exchange markets and options and futures markets. more...	ECO-M024	20	Semester 2

Disclaimer

Whilst the University will make every effort to offer the modules listed, changes may sometimes be made arising from the annual monitoring, review and update of modules and regular (five-yearly) review of course programmes. Where this activity leads to significant (but not minor) changes to programmes and their constituent modules, there will normally be prior consultation of students and others. It is also possible that the University may not be able to offer a module for reasons outside of its control, such as the illness of a member of staff or sabbatical leave. Where this is the case, the University will endeavour to inform students.

Fees And Funding

Fees for the academic year 2012/2013 will be: UEA - the Ideal Place for your Academic Study

UK/EU Students: £5,215
International Students: £12,615

NB: Fees listed are inclusive of the 2-week pre-sessional Mathematics and Statistics for Economists course.

International applicants from outside the EU may need to pay a deposit.

Living Expenses
Approximately £7,500 living expenses will be needed to adequately support yourself.

Scholarships and Funding

A variety of Scholarships may be offered to UK/EU and International students. Scholarships are normally awarded to students on the basis of academic merit and are usually for the duration of the period of study. Please click here for more detailed information about funding for prospective Economics students.

How To Apply

Applications for Postgraduate Taught programmes at the University of East Anglia should be made directly to the University.

You can apply online, or by downloading the hard copy application form, or by using the application form in the University’s Postgraduate Prospectus.

Further Information

To request further information & to be kept up to date with news & events please use our online enquiry form.

If you would like to discuss your individual circumstances prior to applying please do contact us:

Postgraduate Admissions Office
Tel: +44 (0)1603 591515
Email: admissions@uea.ac.uk

International candidates are also encouraged to access the International Students section of our website.

Economics Courses

Economics

MSc Finance and Economics

Career Opportunities

Come and Visit Us

Year 1

Further Information