MSc Financial Economics

1 Year On Campus Masters Program

University of Nottingham

Program Overview

The MSc Financial Economics combines rigorous training in economic theory with practical tools for financial analysis, making it ideal for students aiming to work in banking, asset management, policy, or research. The program offers a strong foundation in both finance and economics, with modules designed to develop analytical, quantitative, and decision-making skills.

Curriculum Structure

Semester 1: Core Economic and Financial Foundations
Students begin with Microeconomic Theory and Macroeconomic Theory, which provide a solid grounding in market behaviour and economic systems. Alongside these, Econometric Theory introduces the statistical techniques needed to analyse financial data and evaluate policy. These modules set the stage for understanding how economic principles apply to financial markets.

Semester 2: Applied Finance and Econometrics
In the second semester, students take Applied Econometrics, where they work with real-world datasets and learn advanced regression techniques. Financial Economics explores asset pricing, portfolio theory, and market efficiency, while electives such as Behavioural Economic Theory or International Trade Theory allow students to tailor their learning to specific interests.

Summer Term: Independent Research and Dissertation
The final phase is a 60-credit Financial Economics Dissertation, where students conduct original research on a financial or economic issue of their choice. Under expert supervision, they apply theoretical and empirical tools to investigate topics such as investment strategies, monetary policy, or financial regulation.

Focus areas

Microeconomics, macroeconomics, econometrics, financial economics, asset pricing, portfolio theory

Learning outcomes

Students graduate with the ability to apply economic theory to financial decision-making, conduct empirical research, and analyse market behaviour using quantitative tools

Professional alignment (accreditation)

Delivered by the Nottingham School of Economics, the program aligns with professional standards in financial services, economic consultancy, and policy research

Reputation (employability rankings)

The University of Nottingham ranks in the top 100 globally (QS World University Rankings 2025) and is a founding member of the Russell Group. The School of Economics is internationally recognised for its research in financial economics and applied econometrics

Experiential Learning (Research, Projects, Internships etc.)

Students in Nottingham’s MSc Financial Economics develop practical expertise in financial modelling, economic analysis, and quantitative research through applied coursework and access to specialist tools. The program is delivered by the School of Economics, which offers a research-driven environment and facilities that support hands-on learning in both finance and economics.

Here’s how the program brings theory into practice:

Training in econometric software such as Stata and EViews, embedded in modules like Applied Econometrics and Econometric Theory
Group-based coursework and presentations that simulate financial advisory and policy analysis roles
Access to Hallward Library, which houses extensive finance and economics collections and offers dedicated postgraduate study zones
Participation in School of Economics research seminars, featuring guest speakers from financial institutions, government, and academia
Affiliation with the Nottingham Centre for Research on Globalisation and Economic Policy (GEP), offering exposure to financial and economic research projects
Dissertation supervision that supports independent research on topics such as asset pricing, monetary policy, or financial regulation

Progression & Future Opportunities

Graduates from Nottingham’s MSc Financial Economics are well-prepared for high-impact roles in financial services, economic consultancy, and policy analysis. Common career paths include financial analyst, investment strategist, economic consultant, and policy advisor — across banking, asset management, government, and international institutions. The program’s blend of economic theory and financial application ensures graduates are equipped to make data-driven decisions in complex environments.

Here’s how Nottingham supports your career journey:

The Careers and Employability Service provides tailored support for economics postgraduates, including career coaching, employer networking events, and access to the Nottingham Advantage Award — a structured employability scheme that enhances your CV
According to the Graduate Outcomes Survey, 96.5% of Nottingham postgraduates are in employment or further study within 15 months, with strong salary prospects in finance and consultancy sectors
The Nottingham Centre for Research on Globalisation and Economic Policy (GEP) connects students to research and policy projects with organisations such as the World Bank, UK government departments, and leading financial institutions
The program’s alignment with professional standards in financial economics and quantitative analysis ensures long-term career value across public and private sectors
Alumni have progressed to roles in central banks, investment firms, and doctoral programs at top universities

Further Academic Progression:
This MSc provides a strong foundation for PhD study in financial economics, econometrics, or monetary policy. Nottingham’s School of Economics offers doctoral opportunities through its research centres, and graduates are well-positioned for funded PhD programs in the UK and internationally.