Integrated Master in Economics - Financial Economics (with Placement Year) University of Essex - Colchester Campus, UK

What causes 'credit crunches', and how do their effects spread throughout the economy? What determines the value of Pound Sterling relative to the US Dollar or Euro? How do stock market prices affect asset prices? Financial events are rarely far from headline news. They have an impact that extends far beyond the financial sector to affect almost every aspect of daily life, including income, employment, prices, property value and the cost of mortgages.

MEcon Financial Economics is built on the core principles of economics, which are applied to your study of financial institutions (such as banks), financial markets (such as the stock exchange), and financial instruments. You receive a thorough training in economics and mathematics up to post-graduate level, as well as training in quantitative research methods.You study the mathematical and statistical analysis of economic problems, and how the financial system functions, choosing from a range of topics on financial economics including:

• Fundamentals of accounting
• Business strategy and competition
• Capital markets
• Financial innovations and new forms of transaction media
• Bonds and contracts

The emphasis of our MEcon Financial Economics is on the ways that economic reasoning can inform and illuminate the financial decision-making of investors and the financial choices made by firms. We are 4th in UK for research power in economics and econometrics (Times Higher Education research power measure, Research Excellence Framework 2021).

Placement year

Alternatively, you can spend your third year on a placement year with an external organisation, where you learn about a particular sector, company or job role, apply your academic knowledge in a practical working environment, and receive inspiration for future career pathways. You will be responsible for finding your placement, but with support and guidance provided by both your department and our Employability and Careers Centre.

If you complete a placement year you'll only pay 20% of your usual tuition fee to Essex for that year.