MSc Economics and International Financial Economics

1 Year On Campus Masters Program

University of Warwick

Program Overview

This MSc combines advanced economics with international finance, preparing students to analyse global markets, financial institutions, and policy frameworks. It’s ideal for students with a strong quantitative background who want to pursue careers in finance, consulting, or international organisations.

Curriculum Structure

Term 1 (Autumn)
Students begin with core theoretical and analytical training. You’ll study Microeconomics A and Macroeconomics A, which cover foundational models in consumer theory, production, and dynamic macroeconomics. Econometrics A introduces statistical techniques for analysing economic and financial data using tools like Stata and R.

Term 2 (Spring)
The second term deepens your understanding of financial systems and global economics. International Financial Markets explores asset pricing, exchange rates, and financial instruments, while International Macroeconomics focuses on open economy models, monetary policy, and global financial crises. You’ll also take Econometrics B, which covers time series analysis and causal inference.

Term 3 (Summer)
Students complete a dissertation or research project, applying economic and financial theory to a topic of their choice. This capstone experience is supported by faculty supervision and may involve empirical analysis, policy evaluation, or financial modelling.

Focus areas

International finance, macroeconomics, econometrics, financial markets, monetary policy, global economic institutions

Learning outcomes

Students will analyse global financial systems, apply economic theory to international contexts, and conduct empirical research using advanced econometric tools.

Professional alignment (accreditation)

Delivered by Warwick’s Department of Economics, the program is not professionally accredited but is highly respected by employers in finance, consulting, and international policy.

Reputation (employability rankings)

Warwick ranks in the UK top 10 for Economics (Guardian University Guide 2025) and is consistently recognised for graduate employability and research excellence.

Experiential Learning (Research, Projects, Internships etc.)

This program is designed for students who want to apply economic theory to international finance and policy. You’ll gain practical skills in econometric modelling, financial analysis, and independent research — all supported by Warwick’s advanced facilities and collaborative academic environment.

Here’s how the program supports experiential learning throughout the year:

Dissertation or Research Project: Students complete an independent research dissertation, applying economic and financial theory to a topic of their choice, supported by expert faculty supervision
Software Training: Students use Stata, R, and Python for econometric analysis, financial modelling, and data visualisation
Group Projects: Modules such as International Financial Markets and International Macroeconomics include collaborative work on global financial systems and policy evaluation
Econometrics Modules: Econometrics A & B provide hands-on training in regression analysis, time series modelling, and causal inference using real-world financial datasets
Digital Learning Tools: All students use Moodle for accessing course materials, submitting assignments, and engaging in online discussions
Library Resources: Warwick’s Main Library and Economics Research Collection offer access to specialised journals, databases, and working papers in international finance and economics
Warwick Economics Research Institute: Opportunities to engage with faculty-led research centres focusing on macroeconomics, financial markets, and applied policy
Career Services: Warwick’s Student Opportunity team provides tailored career support including employer panels, internship listings, and guidance for roles in finance, consulting, and policy

Progression & Future Opportunities

Graduates of this program are equipped to work in international finance, economic policy, consulting, and global institutions. Typical roles include Financial Economist, Policy Analyst, Investment Strategist, and Economic Consultant. The program’s blend of economics and finance makes it especially valuable for employers seeking analytical depth and global insight.

Here’s how Warwick supports your future beyond the classroom:

Career Services: Warwick’s Student Opportunity team offers tailored career support including employer panels, internship listings, and guidance for roles in finance, consulting, and policy
Graduate Outcomes: 92% of Warwick postgraduates are in work or further study within 15 months (Graduate Outcomes Survey)
Salary Figures: Economics graduates from Warwick report strong starting salaries, often exceeding £40,000 depending on sector and role
Industry Partnerships: The program benefits from Warwick’s links with organisations such as Bank of England, HM Treasury, OECD, and World Bank, offering students exposure to international finance and policy environments
Long-Term Value: Warwick’s reputation in economics and finance offers long-term credibility for career advancement in global markets and institutions
Alumni Network: Graduates join a global network of professionals working in financial strategy, economic analysis, and international development

Further Academic Progression:
Graduates of the MSc Economics and International Financial Economics are well-prepared for PhD programs in economics, finance, or international policy at Warwick and other top institutions. The program’s emphasis on macroeconomic modelling, financial markets, and econometrics provides a strong foundation for doctoral research and academic careers.