MSc Financial Economics

5 minute read
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; 

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.


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


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.


What are the benefits of pursuing an MSc in financial economics?

The major benefit of pursuing a Master in science financial economics course is the availability of numerous job opportunities with lucrative packages. 

What is the eligibility to pursue MSc in Financial economics?

The basic eligibility criteria to pursue MSc in financial economics is to have an undergraduate degree in  Finance or any other relevant discipline from an officially recognized institution.

What is the average salary for MSc in financial economics?

One of the major reasons for the popularity of MSc financial economics is the lucrative packages offered to the students. The average salary ranges between INR 21.9 lakhs for trained professionals.  

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.

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