MSc in Finance and Economics

Programme code: TMFIEC
TMFIECW (Work Placement Pathway)

Department: Finance

This information is for the 2017/18 session.

Guidelines for interpreting programme regulations
Classification scheme for the award of a taught master's degree (four units)
Exam sub-board local rules        

Academic-year (10 month) programme (TMFIEC). Students must take three compulsory full-unit core courses and two optional half-unit courses. All students must submit a 6,000 word dissertation in one of the optional courses and take a two-hour examination in the other. Students are also 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.


Course number and title



Microeconomics * or


Macroeconomics for MSc F&E (H) # and


Microeconomics for MSc F&E (H) #



Financial Economics



Financial Econometrics


Courses to the value of one full unit selected from the following (one to be examined by dissertation and one by examination).


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


Financial Engineering (H) (Dissertation code FM4T8)


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


Quantitative Security Analysis (H) (Dissertation code FM4U4)


Fixed Income Markets (H) (Dissertation code FM4U1)


Applied Corporate Finance (H) (Dissertation code FM4T2)


Advanced Asset Pricing (H) (Dissertation code FM4U3) (not available 2017/18)


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


Portfolio Management (H) (Dissertation code FM4T5)


Global Financial Systems (H) (Dissertation code FM4T7)


Applied Computational Finance **


International Finance (H) (Dissertation code FM4T9)


Entrepreneurial Finance (H)

In exceptional cases, it may be possible to take an unlisted optional course with the approval of the Programme Director.


Work Placement Pathway


Course number and title



Finance Work Placement and Assessment (non-credit bearing)  ***



* With the approval of the Programme Director, students who have already completed the equivalent of EC411 in their prior studies may be permitted to take EC413 Macroeconomics.

** 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.

# Students may, with the approval of the Programme Director, Associate Programme Director and relevant Course Leaders, take half-units in Macroeconomics and Micreconomics, instead of the full unit EC411, Microeconomics. Students would be required to complete the EC400 introductory course, Maths for Macroeconomics, and must meet the relevant pre-requisites for the Macroeconomics half unit.

*** 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 facilitates comparability and compatibility between higher education systems across the European Higher Education Area. Some of the School's taught master's programmes are nine or ten months in duration. If you wish to proceed from these programmes to higher study in EHEA countries other than the UK, you should be aware that their recognition for such purposes is not guaranteed, due to the way in which ECTS credits are calculated.

Note for prospective students:
For changes to graduate course and programme information for the next academic session, please see the graduate summary page for prospective students. Changes to course and programme information for future academic sessions can be found on the graduate summary page for future students.