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MSc Financial Econometrics

Different course options

Study mode

Full time

Duration

1 year

Start date

03-OCT-24

Key information
DATA SOURCE : IDP Connect

Qualification type

MSc - Master of Science

Subject areas

Econometrics

Course type

Taught

Course Summary

MSc Financial Econometrics combines a practical approach to finance with a strong theoretical approach in econometrics and is taught jointly between our Department of Economics and Essex Business School. This mix of approaches means that you graduate from our course as someone who is very attractive to a variety of financial institutions, from insurance companies to central banks.

You develop a solid theoretical grounding in econometrics which complements the modules taught by Essex Business School; this structure gives you the opportunity to develop your skills in econometrics and apply them practically in a finance environment. You investigate topics including:

  • Asset pricing theories and empirical findings
  • Methods of estimation
  • Modern econometric techniques
  • Time series econometrics

We are top 5 in the UK for research, with over 90% rated as “world-leading” or “internationally excellent”. Much of this world-class research is related to policy, and we have strengths in the areas of:

  • Game theory and strategic interactions
  • Theoretical and applied econometrics
  • Labour economics

The quality of our work is reflected in our stream of publications in high-profile academic journals, including American Economic Review, Econometrica, and Review of Economic Studies.

Your future

After completing your masters, you may wish to extend your knowledge with a research degree – many Essex graduates decide to stay here for further study.

Alternatively, our course also prepares you for employment; recent surveys have shown that higher degree graduates are more likely to obtain jobs at professional or managerial level.

Our MSc Financial Econometrics will help you to develop a range of skills that will make you highly employable. These include modelling skills, statistical analysis, research skills and developing an understanding of asset pricing and financial markets.

Our graduates find employment in roles such as business and financial analysts, management consultants, government officials, and economists for banks and other financial organisations.

Modules

Gain a formal introduction to asset pricing theories and empirical findings. You review the fundamental theories of the expected utility, asset pricing kernels, and risk-neutral valuation, covering the Capital Asset Pricing Model (CAPM), and linear factor models arising from the Arbitrage Pricing Theory (APT). You also discuss empirical asset pricing studies.

Tuition fees

UK fees
Course fees for UK students

For this course (per year)

£14,300

International fees
Course fees for EU and international students

For this course (per year)

£22,400

Entry requirements

A degree with an overall 2.2 in a discipline related to economics such as: Economics, Maths, Engineering, Finance, Physics or any other degree with a strong maths component. The Degree should contain some economics components including Macroeconomics; Microeconomics or Econometrics.

University information

The University of Essex prides itself on being at the forefront of change. It is an institution with a culture of boldness where creativity and curiosity in learning are both encouraged and expected. It’s a UK university, placing 36th and 32nd according to the Whatuni Student Choice Awards 2023 and the 2024 Complete University Guide rankings, respectively. At the University of Essex, students are taught by world-leading academics in a...more

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