Postgraduate study2016

MSc

Economics and Finance

School of Business and Economics

Year of entry: 2016

1 year full-time

This programme provides an exciting opportunity to gain an insight into the pressing economic issues of our times and learn how to assess, adapt and apply modern macroeconomic and microeconomic models to shape organisational or government policy.

MSc

Economics and Finance

School of Business and Economics

Year of entry: 2016

1 year full-time

This programme provides an exciting opportunity to gain an insight into the pressing economic issues of our times and learn how to assess, adapt and apply modern macroeconomic and microeconomic models to shape organisational or government policy.

Programme information

Our programme is designed to equip you with the skills of a professional economist, for careers in government, international organisations and business.

You will learn to understand and model issues affecting financial markets through the lens of an economist, assessing both the microeconomic impacts for firms, as well as the macroeconomic implications for the global economy.

You will develop advanced theoretical and quantitative skills, highly sought after by employers in the financial services sectors of industry and government, as well as transferable skills that will be of value for a range of other sectors.

There is the opportunity to specialise in various fields of finance. All students register for the MSc in Economics and Finance. However, depending on the choice and availability of modules and dissertation topic, it is possible to graduate with an MSc in Financial Economics instead.

Assessment

75% examination and 25% coursework for most modules.

Entry qualification

Upper second-class honours (2:1) degree or equivalent overseas qualifications in a subject which has a substantial quantitative component. Good (2:1) grades in quantitative modules are required. Some previous economics is recommended.

See our full list of International Qualification Equivalencies for all countries. Degrees must be obtained from a university or institution recognised by Loughborough University. Please contact us to clarify if required.

English language requirement for international students

IELTS: overall 6.5 with minimum 6.0 in each component

The School will accept lower IELTS scores if you undertake the University's pre-sessional English course. 

Click for more information on English Language Requirements

Scholarships and sponsorships

School awards may be available for high-calibre national and international students.

Careers and further study

Well-trained, numerate economists are in high demand in every sector. This programme prepares you for a career as a professional economist in banking, education, finance, government or industry, and for higher awards by research.

Example destinations include:

  • HSBC – Analyst;
  • SSR Group (Sweden) – Associate FX Broker;
  • Siemens – Finance Officer.

Programme modules

Semester 1

Core modules

  • Macroeconomic Policy and Financial Markets
  • Economics of Firms and Markets
  • Research Communication (two-semester module)
  • Economic Data Analysis

Optional Modules (choose one)

  • Financial Economics
  • Introduction to Measure Theory and Martingales
  • Stochastic Models in Finance
  • The Financial System

Semester 2

Core modules

  • Applied Financial Econometrics
  • Research Communication (two-semester module)

Optional modules (choose three)

  • Applied Banking and Financial Modelling
  • Risk Management and Derivatives
  • Banking and Financial Markets
  • Corporate Finance
  • Stochastic Calculus and Theory of Stochastic Pricing

Choice of Semester 2 modules may be restricted by the option selected in Semester 1. 


Summer period

  • Dissertation: a 9,000 - 12,000 word supervised dissertation to be completed over the summer on an approved topic of your choice.

Apply now

The best way to apply for admission to a taught or research programme is online. This helps us to process your application quickly.

Your application must be supported by documentary evidence of entry qualifications, including English language, academic transcripts and references.

You are strongly advised to send your documents, including transcripts and references, as soon as you make your online application – they can be submitted online.

A decision about your application cannot be made until we receive your supporting documents.

For more information on the application process, take a look at our how to apply section.

Fees and funding

Tuition fees cover the cost of your teaching, assessment and operating University facilities such as the library, IT equipment and other support services. The standard tuition fees for this course are:

Taught ProgrammesUK/EUInternational
PGT Band 2 (Mid-Range) £9,000 £17,000

University fees and charges can be paid in advance and there are several methods of payment, including online payments and payment by instalment. Special arrangements are made for payments by part-time students.

Funding

A number of scholarships and bursaries are available (dependent on eligibility):

  • Student loans for master's degrees
  • Department-specific bursaries
  • Scholarships
  • Professional and Career Development Loans
  • External charities and trusts
  • Studentships
  • Research Council funding

Find out more about the support available for UK/EU students and international students.