This programme focuses on key macroeconomic and microeconomic forces which shape and influence financial markets. These elements are fundamental for financial decision making and draw on the most recent developments in these areas. It is also designed to provide a thorough understanding of the functioning of financial markets and monetary policy.
Why this programme
- Financial Economics will provide you with rigorous training in macroeconomics, microeconomics and quantitative methods, and develop your understanding of financial theory and empirical applications.
- You will learn how macroeconomic factors, such as monetary and fiscal policy, growth and risk, interact and influence financial markets and the pricing of financial assets, such as stocks and bonds.
- You will develop a strong understanding of the functioning of financial markets and the channels through which monetary policy decisions affect them. You are taught to analyse the market both technically and fundamentally.
- You will develop your expertise in topics relevant with financial markets, empirical and quantitative finance, macro and microeconomics, and international applied economics.
- We are now partners with Bloomberg Experiential Learning. The ELP program recognises and celebrates academic institutions that are leaders in experiential learning through the integration of Bloomberg terminal exercises into curriculum.
- Take advantage of our individualised skills development programme, which will ensure you balance academic theory with crucial employability skills to help you maximise your potential and achieve your career goals.
Programme structure
You will take four core and two optional courses and complete a substantial independent piece of work, normally in the form of a dissertation on a topic related to your research interests in financial economics.
Core courses
- Dissertation Gcefs
- Economic Fundamentals and Financial Markets
- International Finance and Money
- Macroeconomics
- Microeconomics With Applications in Finance
Optional courses
- Basic Econometrics
- Behavioral Economics:theory and Applications
- Corporate Finance and Investment
- Empirical Asset Pricing
- Investment, Finance and Asset Pricing
- Understanding Development: a Multidisciplinary Approach
Programme alteration or discontinuation
The University of Glasgow endeavours to run all programmes as advertised. In exceptional circumstances, however, the University may withdraw or alter a programme.
Career prospects
As a graduate you will have developed the essential knowledge and practical experience to work in the financial market as, for example, a financial economist, data analyst, policy analyst or financial analyst. Recent graduates have been employed by companies including KPMG, PricewaterhouseCoopers and the Standard Charted Bank. We have a dedicated careers and employability team who provide 1-2-1 support and advice, group workshops, employer events on campus and networking opportunities throughout the year to help you with your career prospects.
Fees & Funding
Tuition fees for 2023-24:
MSc
- UK - Full-time fee: £13,650
- International & EU - Full-time fee: £29,370
Entry requirements
2.1 Honours degree or non-UK equivalent in economics, finance, engineering, physics, or another highly mathematical discipline.
Only applications that meet or exceed our stated entry requirements will go forward for consideration. Any application that does not will be automatically rejected. Applicants will be made offers based on their relative performance compared to other applicants, taking into account both current GPA, or degree classification, and the relevance of an applicant’s academic background.
Please note, applications that meet our minimum entry requirements may still be rejected, based on its score in comparison to other applications received during the same round. Please review our stated entry requirements to ensure you meet or exceed them before submitting your application.
International students with academic qualifications below those required should contact our partner institution, Glasgow International College, who offer a range of pre-Masters courses.