Printer-friendly View Original View

MSc in Finance and Economics

Programme Code: TMFIEC

Department: Finance

For students starting this programme of study in 2021/22

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. 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. Students are required to attend EC400 Introductory Course in Mathematics and Statistics.

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


Course number, title (unit value)

Introductory Course

EC400 Introductory Course in Mathematics and Statistics (0.0) #

Paper 1

EC411 Microeconomics (1.0) # or


EC4B5 Macroeconomics for MSc F&E (0.5) # and EC4B6 Microeconomics for MSc F&E (0.5) # * A


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 the following course instead:


EC413 Macroeconomics (1.0) #

Paper 2

FM436 Financial Economics (1.0) #

Paper 3

FM437 Financial Econometrics (1.0) #

Paper 4

Two half-unit courses from the list below:

Students must write the 6000-word dissertation in one of their two chosen courses.


FM404 Forecasting Financial time Series (0.5) #  (not available 2021/22)


FM405 Fixed Income Securities and Credit Markets (0.5) # B


FM406 Topics in Portfolio Management (0.5) #


FM408 Financial Engineering (0.5) #  (not available 2021/22)


FM408E Financial Engineering (0.5) #


FM409 Risk Management in Financial Markets (0.5) #


FM412 Quantitative Security Analysis (0.5) #


FM421 Applied Corporate Finance (0.5) # 1


FM471 Sustainable Finance and Impact Investing (0.5) # 2


FM476 Entrepreneurial Finance (0.5) # 3


FM477 International Finance for MSc Finance and Economics, MSc Finance and MSc Finance & Private Equity (0.5) #


FM4T2 Applied Corporate Finance - Dissertation (0.5) 4

Prerequisite Requirements and Mutually Exclusive Options

* means available with permission

1 : FM421 can not be taken with FM4T2

2 : FM471 can not be taken with FM476

3 : FM476 can not be taken with FM471

4 : FM4T2 can not be taken with FM421


A : Students may, with the approval of the Programme Director, Associate Programme Director and relevant Course Leaders, take half-units in Macroeconomics and Microeconomics, instead of the full unit EC411, Microeconomics. Students must meet the relevant pre-requisites for the Macroeconomics half unit.

B : Students must have completed either Asset Markets (FM423) and Corporate Finance (FM422), or Financial Economics (FM436)

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

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.