MSc Applied Economics with Banking and Financial Markets

1 Year On Campus Masters Program

University of Bath

Program Overview

 

The MSc Applied Economics with Banking and Financial Markets at Bath is designed for students who want to combine rigorous economic analysis with specialist knowledge of financial systems and banking. It suits graduates in economics or related disciplines who are aiming for careers in financial services, central banking, or economic consultancy.


Curriculum Structure

Semester 1: Core Economic and Quantitative Foundations
Students begin with Microeconomics, Macroeconomics, and Econometrics, gaining a solid grounding in economic theory, modelling, and statistical analysis. These modules develop the analytical skills needed to understand market behaviour, macroeconomic trends, and empirical research.

Semester 2: Specialist Focus on Banking and Financial Markets
In the second semester, students take Banking and Financial Markets, alongside optional units such as Applied Policy Analysis, Development Economics, or International Economics. These modules explore the structure and regulation of financial institutions, asset pricing, and the role of central banks in economic stability.

Summer Term: Independent Research Project
Students complete a supervised Applied Economics Dissertation, applying theoretical and empirical tools to a topic of their choice. Many choose to focus on financial markets, banking regulation, or monetary policy, using real-world data and econometric methods.


Focus areas

Microeconomics, macroeconomics, econometrics, banking, financial markets, monetary policy

Learning outcomes

Students graduate with the ability to analyse financial systems, evaluate banking and monetary policy, and apply economic theory using quantitative tools

Professional alignment (accreditation)

Delivered by the Department of Economics, the program aligns with professional standards in financial analysis, banking consultancy, and economic research

Reputation (employability rankings)

The University of Bath ranks 6th for Economics in the UK (Guardian University Guide 2024) and is consistently recognised for graduate employability and industry engagement

 

Experiential Learning (Research, Projects, Internships etc.)

 

Students in Bath’s MSc Applied Economics with Banking and Financial Markets gain hands-on experience in financial analysis, policy evaluation, and economic modelling. The program blends rigorous academic training with practical tools and collaborative projects, supported by specialist facilities and real-world data.

Here’s how the program brings financial economics into practice:

  • Training in Stata and R, integrated into modules like Econometrics, Banking, and Financial Markets, for advanced data analysis and financial modelling
  • Group-based coursework and presentations that simulate professional roles in financial consultancy, central banking, and investment analysis
  • Access to the University of Bath Library, including Bloomberg terminals and databases such as JSTOR, ScienceDirect, and OECD iLibrary
  • Use of the Virgil Building, a dedicated postgraduate hub offering quiet study zones, group rooms, and career development support
  • Supervised Applied Economics Dissertation, where students apply empirical tools to topics such as monetary policy, banking regulation, or asset pricing using real-world datasets
  • Engagement with the Institute for Policy Research (IPR) and departmental seminars, connecting students with researchers and practitioners in economics and financial policy

 

Progression & Future Opportunities

 

Graduates from Bath’s MSc Applied Economics with Banking and Financial Markets are well-prepared for high-impact roles in financial services, central banking, and economic consultancy. Typical job titles include financial analyst, banking consultant, monetary policy advisor, and risk analyst. The program’s blend of economic theory and financial expertise makes Bath graduates highly competitive across both public and private sectors.

Here’s how Bath supports your career journey:

  • The Careers Service offers tailored postgraduate support, including one-to-one coaching, employer networking events, and access to the Bath Connection alumni mentoring platform
  • According to the Graduate Outcomes Survey, 93% of Bath postgraduates are in professional work or further study within 15 months of graduation
  • The Department of Economics collaborates with the Institute for Policy Research (IPR) and external partners, offering exposure to financial policy projects and guest lectures from industry experts
  • The program’s alignment with professional standards in financial analysis and banking consultancy ensures long-term career value
  • Graduates have progressed to roles in central banks, investment firms, regulatory bodies, and PhD programs in economics and finance

Further Academic Progression:
This MSc provides a strong foundation for doctoral study in economics, finance, or monetary policy. Bath offers PhD opportunities through its Department of Economics and affiliated research centres, and graduates are well-positioned for funded research programs across the UK and internationally.

 

Program Key Stats

£28,900 (Annual cost)
£ 60
Sept Intake : 6th Aug


60 %

Eligibility Criteria

3 Year

N/A
N/A
N/A
N/A
6.5
90
2:2
1220
26

Additional Information & Requirements

Career Options

  • Economic Development Officer
  • Industrial Economist
  • Economist
  • Import and Export Advisor
  • Financial Analyst
  • Market analyst
  • Information Officer

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