Birkbeck, University of London

Birkbeck, University of London

Financial Economics

This programme is designed to equip you with tools and techniques for investigating important economic issues. It provides a thorough grounding in mathematical and econometric techniques, as well as microeconomics, and examines why financial markets are prone to crises, studying the details of past and present crises, and subsequent policy responses.

You will learn to express original ideas in academic papers and to test them with the use of econometrics. The study of econometrics covers linear and dynamic linear regression models, a wide variety of hypothesis tests, and techniques for estimating systems of equations. Techniques are illustrated with economic examples, such as models with rational expectations, as well as consumption, production and money demand functions.

Economics and finance at Birkbeck has acquired an excellent reputation, not only for the quality of its research but also for the quality of its training. Employers recognise the quality of Birkbeck graduates in economics and finance. We take students who are determined to succeed and are prepared to undergo the rigours of a first-class training, whether they are studying full-time or part-time.

Entry requirements

First or second-Class Honours degree, or its equivalent, in either a directly relevant or a highly quantitative subject, or the Birkbeck Graduate Diploma in economics or Graduate Diploma in finance. We expect all of our MSc students to be competent with intermediate microeconomics and macroeconomics, multivariable calculus, linear algebra and statistics. Non-EU students are encouraged to submit GRE or GMAT results. In some cases, the admissions tutor may request these results in order to make a decision on your application. In that case, you should upload your score report to the online application system as if it were an additional transcript page. Relevant practical work experience also taken into consideration. Demonstrable qualities, such as good time management and the ability to cope under pressure, are vital. If English is not your first language or you have not previously studied in English, our usual requirement is the equivalent of an International English Language Testing System (IELTS Academic Test) score of 6.5, with not less than 6.0 in each of the sub-tests.

Course modules

Core modules reinforce economic and financial theory with practical application. They include preliminary courses in mathematical and statistical techniques, which take place in September and have to be passed in order to progress to the programme.

Option modules provide specialised modules with current themes. Option module availability varies across years.
Core modules:

Dissertation MSc Financial Economics;
Econometrics;
Financial Markets, Banking and Regulation;
Microeconomics;
Quantitative Techniques .

Option modules:

Advanced Econometrics;
Advanced Economic Theory I;
Corporate Finance;
Industrial Economics I;
International Economics I;
Monetary Economics .

Assessment methods

Through June examination and coursework, including an econometrics project and a dissertation.

Sponsorship information

The government's new postgraduate loan scheme allows you to borrow up to £10,000 to cover the cost of your tuition fees, living costs or other study expenses - and you don't have to start repaying until 2019.

Part-time students who are experiencing financial need may apply for assistance from the Birkbeck Alumni Fund Postgraduate Opportunity Bursary.

Qualifications

Qualification Study mode Start month Fee Course duration
MSc Full-time October 2016 GBP 9,950 per Year 1 (EU) 1 years
MSc Full-time October 2016 GBP 9,950 per Year 1 (England) 1 years
MSc Full-time October 2016 GBP 14,075 per Year 1 (International) 1 years
MSc Full-time October 2016 GBP 9,950 per Year 1 (Northern Ireland) 1 years
MSc Full-time October 2016 GBP 9,950 per Year 1 (Scotland) 1 years
MSc Full-time October 2016 GBP 9,950 per Year 1 (Wales) 1 years
MSc Part-time evening October 2016 GBP 7,050 per Year 1 (International) 2 years
MSc Part-time evening October 2016 GBP 4,975 per Year 1 (Northern Ireland) 2 years
MSc Part-time evening October 2016 GBP 4,975 per Year 1 (Scotland) 2 years
MSc Part-time evening October 2016 GBP 4,975 per Year 1 (Wales) 2 years
MSc Part-time evening October 2016 GBP 4,975 per Year 1 (EU) 2 years
MSc Part-time evening October 2016 GBP 4,975 per Year 1 (England) 2 years
MSc Full-time October 2017 - 1 years
MSc Part-time October 2017 - 2 years

Campus details

Campus name Town Postcode Region Main campus Campus Partner
Bloomsbury Campus Bloomsbury WC1E 7HX South East

Get in touch

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Key information

Contact: 
Department of Economics, Mathematics and Statistics
Telephone number: 
020 7631 6429