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|
|Eligibility Criteria||Graduation in relevant discipline with a minimum 55%|
|Average Course Fees||INR 3000 to INR 1,00,000|
|Average Salary||INR 22 Lakhs per annum|
This Blog Includes:
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|
|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|
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.
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
- Academic Transcripts
- Additional documents
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:
|Microeconomics 1||Macroeconomics 1|
|Mathematical methods||Statistical methods|
|Microeconomics 2||Econometric methods|
|Financial mathematics||Financial economics|
|Financial economics 2||Stochastic models|
|Risk analysis and management||Programming and computational languages|
|Applied econometrics||Advanced techniques in finances|
|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
|Tuition fees||INR 9,84,811|
|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|
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:
- 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.
The major benefit of pursuing a Master in science financial economics course is the availability of numerous job opportunities with lucrative packages.
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.
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.