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Key information

Qualification type

MSc - Master of Science

Subject areas

Econometrics Actuarial Science

Course type


Course Summary

This course is for you if you want to deepen your knowledge of economics or finance and potentially go on to study a PhD or research in economics or finance. MSc in Financial Economics provides you with a foundation for a career as an economic or financial analyst in business, government or a major international organisation. You will develop an in-depth understanding of the principles of finance, investment analysis and analytical methods of modern finance.

Your course modules will generally be assessed by a combination of exams and coursework projects. Some modules are assessed by demonstrated skills in computing or by seminar presentation where this is appropriate. Our finance and economics courses have been developed to match the needs of employers and are highly regarded within business and government, whether national or international. Many of our students have gone on to work in major banks, companies, and governments, or pursued careers in academia and education.

Different course options

Study mode

Full time


1 year

Start date



This module is designed to introduce the fundamental concepts and techniques used in modern finance theory. We will focus on the foundations of the equilibrium models of asset pricing rather than the arbitrage pricing theory, which is the other main pricing approach in finance. The module will begin with foundations of individual economic agent’s choice problem under uncertainty, followed by mean-variance analysis and the CAPM. Then we will examine general equilibrium analysis for asset pricing, in particular the Arrow- Debreu framework of finite agents, finite commodities and finite horizon economy. Based on the Arrow-Debreu framework, foundations of risk neutral pricing will be provided in the general equilibrium context. Finally, we will discuss extensions to more generic dynamical models. This module belongs to semester one.

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 a good second class honours degree or equivalent from a recognised university in economics or finance.

University information

As a top 25 UK University, Leicester has always been home to the great minds; academics, researchers and students who aren’t afraid to challenge the status quo, advance new practices, and develop a fresh way of thinking. Through the ground-breaking research of their experts, you will tackle the emerging social, economic, political and scientific issues head on and set the agenda where others simply follow. At Leicester, students aren’t...more

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