MSc in Finance and Economics (Research)

Programme code: TMFIECRE
                              TMFIECREW (Work Placement Pathway)

Academic-year (10 month) programme. Students must take three compulsory full-unit core courses and two optional half-unit courses. Students must apply for entry into the programme at the start of October. Entry will be upon acceptance onto EC487 and FM481 by the course leaders in the Departments of Economics and Finance respectively. Students must take courses as shown. They must submit a 6,000-10,000 word dissertation in one of the optional half unit courses and take a two-hour examination in the other course. Students are required to attend EC400 Introductory Course in Mathematics and Statistics. The dissertation must be submitted in the third week of June.

Students who choose to transfer to the Work Placement Pathway must undertake a work placement and assessment in addition to the courses listed above. Transferring to the Work Placement Pathway extends the duration of the programme to 12 months. Students have the option to transfer to the Work Placement Pathway upon receipt of an offer to undertake an internship placement, which must be approved by the Department. Students on this pathway are required to undertake a full-time internship or work placement during the summer and to submit an essay of 2000 words following the placement (see FM411 for details). The essay will be assessed on a pass/fail basis and students must pass the essay to graduate from the programme.

Paper

Course number and title

1

FM436

Financial Economics

2

FM481

Financial Econometrics for Research Students

3

EC487

Advanced Microeconomics*

4

Two half-unit courses selected from the following. Students on the Work Placement Pathway must also select FM411 Finance Work Placement and Assessment:

 

FM404

Forecasting Financial Time Series (H) (Dissertation code FM4T1)**

FM407

Mergers, Buyouts and Corporate Restructurings (H) (Dissertation code FM4U7)**

FM408

Financial Engineering (H) (Dissertation code FM4T8)

FM409

Risk Management in Financial Markets (H) (Dissertation code FM4U9)

FM413

Fixed Income Markets (H) (Dissertation code FM4U1)

FM421

Applied Corporate Finance (H) (Dissertation code FM4T2)

FM440

Corporate Finance Theory (H) (Dissertation code FM4T3) (n/a 15/16) 

FM442

Quantitative Methods for Finance and Risk Analysis (H) (Dissertation code FM4U2)

FM445

Portfolio Management (H) (Dissertation code FM4T5)

FM447

Global Financial Systems (H) (Dissertation code FM4T7)

FM457

Applied Computational Finance***

FM472

International Finance (H) (Dissertation code FM4T9)

One unlisted optional course with the approval of the Programme Director.

 

Work Placement Pathway

Paper

Course number and title

5

FM411

Finance Work Placement and Assessment §

 

Notes

* With the approval of the Programme Director, students who have already completed the equivalent of EC487 in their prior studies may be permitted to take EC413 Macroeconomics.

 

** Places on this optional course are not automatically guaranteed, students must obtain approval from the Associate Programme Director to take this course.

 

*** This course is not for credit and can be taken in addition to courses to the value of one full unit selected from Paper 4.

 

§ This element is not for credit, but is a requirement for students on the Work Placement Pathway and must be taken in addition to courses to the value of two full units selected from Papers 3 & 4. Successful completion of FM411 is a requirement for students to be eligible for the award of the degree.

The Bologna Process in relation to taught masters programmes of nine or ten months duration.