Finance and Economics

Entry requirements

Applicants for this course should have achieved a UK High II.i Honours Degree.

If your degree is not from the UK, please check International Qualifications to find the equivalent in your country.

Please read the Faculty's Entry Requirements and How to Apply pages before applying for this course.

Months of entry

September

Course content

The MPhil in Finance and Economics is a one-year master's degree that runs from early September to late July. It is an intensive course combining advanced study and research, tailored for people with one year or less of work experience who intend to go on to work for the industry. It places particular emphasis on economic coverage of financial themes, beginning from the institutional background, moving on to careful consideration of how observed institutions should be modelled, and ending by relating existing models to data and discussing how these models should be improved when they do not fit the data.

Learning Outcomes

On completion of the MPhil degree students should have:

acquired advanced technical training in microeconomics and econometrics;

acquired a solid grounding in the principles and practice of financial markets and developed an understanding of the tools necessary to make good financial decisions.

begun to acquire independent research skills and experience of putting them into practice;

acquired experience and guidance in formulating a realistic research topic and prepared written work to a strict timetable; and

acquired sufficient knowledge and understanding of advanced economics to proceed to a career as a professional economist in industry or to a research degree.

Information for international students

Language Requirement

IELTS (Academic)

Element Score

Listening 7.0

Writing 7.0

Reading 7.0

Speaking 7.0

Total 7.5

TOEFL Internet Score

Element Score

Listening 25

Writing 25

Reading 25

Speaking 25

Total 110

CAE

Score: Grade A & B (overall score of 193, with no element lower than 185 plus a Language Centre assessment)

CPE

Score: Grade A, B, or C (with at least 200 with no element lower than 185).