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MRes/PhD in Finance (Route 2)

In addition to progressing with their research, students are expected to take the listed training and transferable skills courses. Students may take courses in addition to those listed, and should discuss this with their supervisor.

Students will take either Route 1 or Route 2 (depending on their previous master's qualification). Route 2 is detailed below.

Programme Structure - MRes

Programme code: TMRESFI2

Department: Finance

For students starting this programme of study in 2017/18

Guidelines for interpreting programme regulations

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

Students who have taken the MSc Finance and Economics (Research) programme at LSE or equivalent from another institution may enter onto Route 2 of the programme (this will have been subject to the approval of the Programme Director).

Please note that places are limited on some optional courses. Admission onto any particular course is not guaranteed and can be subject to timetabling constraints and/or students meeting specific prerequisite requirements.

Year 1

Training courses

Compulsory (examined):

1.

EC441 Microeonomics for MRes students (1.0) #

2.

FM502 Corporate Finance for Research Students (1.0)

3.

FM503 Asset Pricing for Research Students (1.0)

4.

FM482 Research paper in Finance (1.0)

Transferable skills courses

Compulsory (not examined):

A.

FM505 PhD Seminar in Finance (1.0)

B.

Capital Markets Workshop

Year 2 (if upgraded to PhD)

Training courses

Compulsory (examined):

5.

FM505 PhD Seminar in Finance (1.0) A

 

Presentation requirements: Students are required to do a seminar presentation in the second year.

6.

EC442 Macroeconomics for MRes students (1.0) B

 

Or another full unit course approved by the PhD Director.

Transferable skills courses

Compulsory (not examined):

A.

Capital Markets Workshop

Footnotes

A : Students need to pass Paper 5 with a mark of 65% or higher.

B : Students need to pass Paper 6 with a mark of 50% or higher. 

# means there may be prerequisites for this course. Please view the course guide for more information.

Award of the MRes in Finance

The award and classification of the MRes degree is consistent with the School's Scheme for the Award of a four-unit Taught Master's Degree. Students are required to achieve a pass mark of 50% in Papers 1, 2, 3 and 4. One failed paper (but not a bad fail of 29% or less) can be compensated by a mark of 55% or higher in another paper.

Progression to PhD registration

For PhD registration students are required to achieve a mark of 50% of higher in Paper 1 and marks of 60% or higher in Papers 2 and 3, and a mark of 65% or higher in Paper 4.

Students missing the overall progression requirement by one paper are permitted to progress to PhD registration, but will subsequently need to re-sit and pass the paper to the necessary standard to continue their PhD registration. Students missing the progression requirement by more than one paper are required to pass those papers to the necessary standard before PhD registration can be permitted.

Throughout the coursework portion of the MRes or MRes/PhD programme, students failing a paper or missing a progression mark will have to retake that paper within one year of the original examination. Students can resit each paper only once. Students registered for the PhD remain subject to the relevant MRes regulations for any courses or examinations they are completing. Students who have been permitted to progress onto the PhD without satisfying the complete progression standard will have their PhD registration discontinued if they fail to reach this standard at re-sit.

Programme Structure - PhD

Programme code: RPFI2

Award of the PhD in Finance

Award of the PhD is contingent on meeting the progression requirements for the PhD, passing FM505 with a mark of 65% or higher, and on the completion and defence of an original research thesis, in accordance with LSE regulations.

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.

This programme has been discontinued. Last year of entry 2017/18.