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Key information

Qualification type

MSc - Master of Science

Subject areas


Course type


Course Summary

Our course provides you with specialised training in money and banking, and also equips you with state-of-the-art tools and methods in economics and finance. You explore topics including:

  • Financial intermediation and money creation
  • Commercial and investment banks
  • The monetary transmission mechanism
  • The implementation of monetary policy and its interaction with financial markets

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 particular strengths in the areas of:

  • Game theory and strategic interactions
  • Theoretical and applied econometrics
  • Economic policy

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.

Different course options

Full time | Colchester Campus | 1 year | 08-OCT-20

Study mode

Full time


1 year

Start date



This module covers the basic methods of linear regression and hypothesis testing, including extensions to models with autocorrelated and heteroskedastic disturbances and to models with lagged dependent variables. The time series concepts of unit roots and co-integration are also introduced as are the fundamental ideas of models with endogenous regressors and panel data models. Upon successful completion of this module students will have acquired a mastery of econometric methods applicable to a wide variety of situations, ranging from the classical and generalised linear models through to nonstationary dynamic models, models with endogenous regressors and panel data models. Students should demonstrate professional understanding of the methods of estimation and inference as applied in these models, and be able to conduct their own empirical research using them. In completing the weekly problem-sets, students will demonstrate their problem-solving, analytical, and deductive skills. Key employability skills delivered by the module include analytical reasoning, model building, mathematical operations, interpretation of mathematical models, econometrics and statistics, and data analysis.

Tuition fees

UK fees
Course fees for UK / EU students

For this course (per year)


Average for all Postgrad courses (per year)


International fees
Course fees for non-UK / EU students

For this course (per year)


Average for all Postgrad courses (per year)


Entry requirements

Students need to have 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.