MSc Financial Economics

The MSc in Financial Economics is a specialized two-year full-time program designed to help students bridge the gap between economic theory and the practical realities of finance. Globally, the financial sector has seen tremendous expansion and dramatic and extreme changes with complex operations, resulting in increased demand for participants in finance. This curriculum was created to fulfil the growing demand for finance and economics specialists from financial institutions, businesses, and government agencies. This curriculum assists students in developing analytical skills, which will equip them for a variety of employment and research prospects. If you want to know more about MSc financial economics, eligibility requirements, syllabus, top universities for MSc financial economics and much more then keep reading!

Name of the Course	Masters of Science in Financial Economics
Level of the Course	Post Graduation
Duration	2 years
Eligibility Criteria	Graduation in relevant discipline with a minimum 55%
Examination Type	Semester-system
Average Course Fees	INR 3000 to INR 1,00,000
Average Salary	INR 22 Lakhs per annum

Top Universities for Msc Financial Economics Abroad  

Some of the top prestigious universities in the world for MSc Financial Economics are:

Name of the Universities	Country
University of Manchester	UK
The University of British Columbia	Canada
University of Alberta	Canada
Harvard University	USA
Northeastern University	USA
Memorial University of Newfoundland	UK
Arizona State University	USA
Ludwig Maximilians University Munich	Germany
University of Greenwich	UK
University of Waterloo	Canada

Top Colleges for Msc. Financial Economics 

If you want to pursue MSc in Financial Economics in India then the most important thing is to find the perfect college for you. To help you in the same below are the top colleges for MSc Financial Economics in India:

Name of the Colleges	Location	1st Year Tuition Fee
Miranda House	New Delhi, Delhi NCR	₹19,800
Loyola College	Chennai, Tamil Nadu	₹16,790
Hansraj College	New Delhi, Delhi NCR	₹24,515
Presidency College	Chennai, Tamil Nadu	₹1,270
Kirorimal College	New Delhi, Delhi NCR	₹14,595
St. Xavier’s College	Mumbai, Maharashtra	₹7,187
Ramjas College	New Delhi, Delhi NCR	₹14,610
Sri Venkateswara College – Delhi	New Delhi, Delhi NCR	₹14,555
Kalinga University	Raipur, Chhattisgarh	₹80,250
Stella Maris College	Chennai, Tamil Nadu	₹22,895

Eligibility Criteria 

Due to the intensive curriculum of this programme, both Indian & foreign colleges/universities demand a few fundamental eligibility requirements. These are the eligibility requirements:

• Bachelor’s or Master’s degree in Management/Commerce/Economics/Mathematics/Social Science/Science (with Statistics as one of the disciplines) from a recognised university with a minimum of 50% marks in average or equivalent
• If you are a bachelor’s student in your final year, you are also qualified to apply for the MSc Financial Economics programme.
• In the case of a foreign university, the applicant must also provide their English proficiency test results as well as a valid passport.

Documents Required 

There is a list of documents required to be submitted as a part of the application process. Some of the essential documents include; 

• Language Proficiency Tests Scores 
• Resume 
• SOP 
• LOR 
• Academic Transcripts 
• Additional documents 

Application Process 

When applying for an MSc in a Financial Economics course abroad, you have to consider several factors. These include the application process specified by your college, the visa process of your country, and various other details. You will have to fill out an application form and pay the application fees in order to apply for the course. LeverageEdu simplifies the process for you and makes it easier for you to take admission to your dream university abroad. Book a free counselling session today.

Syllabus

With a concise curriculum that focuses on theory as well as practical applications, the MSc in Financial Economics courses consist of the following structural modules: 

Semester 1

Microeconomics 1	Macroeconomics 1
Mathematical methods	Statistical methods

Semester 2

Microeconomics 2	Econometric methods
Financial mathematics	Financial economics

Semester 3

Financial economics 2	Stochastic models
Risk analysis and management	Programming and computational languages
Applied econometrics	Advanced techniques in finances
Project work	–

Semester 4

Topics in behavioural finances	Artificial neural networks
Advances in panel data and time series econometrics	Financial instruments and markets
Interest rate calculation and option pricing	Project work

Why Study MSc. Financial Economics?

There are many benefits of post-graduation in Financial Economics. Some of the most popular reasons are

• Coverage of basic prerequisites via lectures/training to become acquainted with important topics and procedures;
• Concentrate on the abilities required by financial institutions as well as consultancy organizations.
• economics, corporate finance, Asset Pricing, Financial Econometrics, and Research Methods in Financial Economics, Ethics, and Finance are all required courses.
• Training in the use of application software such as SPSS, R, and others
• Open elective courses from a diverse variety of topics that allow for the development of individual talents and specializations.
• Internal assessment of student academic achievement (mini projects, assignments, viva voce, practical test, midterm exams, quizzes, etc.) and end-of-term examination.

Also Read: Financial Engineering as a Career Option

Fees and Other Expenses 

Fees Components	Amount
Tuition fees	INR 9,84,811
Transportation	INR 27,869
Hostel and meals	INR 3,88,301
Books and supplies	INR 86,702
Personal expenses	INR 90,666
Mandatory non-instructional fees	INR 47,996

Job Prospects

There are a plethora of job opportunities offered to the graduates of MSc Financial Economics. Some of the most popular job profiles after completion of the course are: 

• Banker
• Chief Financial Officer
• Financial Analyst
• Financial Manager
• Financial Controller
• Investment Banker
• Marketing Analyst
• Manager of Financial Departments
• Real Estate Manager

Salary 

One of the reasons for the popularity of MSc Financial Economics is the high packages offered by top recruiters after completion of the course. After attaining certain experience, graduates get an average salary of ₹21.9 lakhs. The average high salary package is ₹56.5 lakhs.

FAQs

Are you planning to pursue an MSc in Financial Economics? Our Leverage Edu experts will provide you with end-to-end assistance from the application to the Visa process. Call us at 1800 57 2000 to book a FREE 30-minutes counselling session today.