Birkbeck, University of London
Financial Economics MSc
Birkbeck, University of London

Course modalities offered

Key Course Facts

Student Reviews

Below you can see course specific reviews of 10 graduates of Financial Economics MSc and other courses in Languages and Area Studies at Birkbeck, University of London for each of the survey questions in comparison to the average for all UK degree courses in Languages and Area Studies .

Overall student satisfaction
77 /100
10 total respondents

Primarily based on data from undergraduate degree students.

The NSS is commissioned by the Office for Students

Salary

Salary of Graduates in CAH19

Important: Salary data below is not course specific, but contains data of all students of Languages and Area Studies at the university. Due to data collection methodology, salary data is mainly based on data related to undergraduate students.

  15 months after graduation 3 years after graduation 5 years after graduation
Median salary £33500 £18000 £27500
25-75 percentile range £24500 - £45000 £9500 - £27500 £11500 - £43000


Salary of all UK Graduates of CAH19

  15 months after graduation 3 years after graduation 5 years after graduation
Median salary £25625 £23693 £27744
25-75 percentile range £22269 - £29904 £17937 - £29563 £21216 - £36573

Course Description

Our MSc Financial Economics will give you the tools and techniques you need to investigate important economic issues. It provides a thorough grounding in mathematical and econometric techniques, as well as microeconomics, and examines why financial markets are prone to crises, studying the details of past and present crises, and subsequent policy responses.

You will learn how to express original academic ideas and to test them with the use of econometrics. The study of econometrics covers linear and dynamic linear regression models, a wide variety of hypothesis tests, and techniques for estimating systems of equations. Techniques are illustrated with economic examples, such as models with rational expectations, as well as consumption, production and money demand functions.

Birkbeck's postgraduate finance courses are built around our long-running experience in research-led evening teaching. Many of our students work in the finance industry, which generates a lively atmosphere in class and ensures that you'll be studying alongside committed, enthusiastic students with a wealth of experience. You will be taught by active researchers, working at the cutting edge in their respective fields, who are also experienced professional practitioners, giving specialist advice and in-house training to government departments and banks and firms in the City of London.

Birkbeck has an excellent reputation for the quality of our research and training in economics and finance, while employers recognise the high-quality training that our graduates have undertaken. We take students who are determined to succeed and are prepared to undergo the rigours of a first-class training, whether they are studying full time or part time.

Highlights

  • This course provides high-quality training in economics and finance and will prepare you for a wide variety of careers in business, government and academia.
  • The course will enable you to effectively tackle the real-world problems encountered in financial sector institutions, banks and regulatory institutions.
  • We have an excellent reputation for the quality of our teaching and we provide training for employers including the Treasury and Bank of England.
  • Birkbeck was ranked in the top 25 universities in the UK for its Economics and Econometrics research in the 2021 Research Excellence Framework.

Careers and employability

Graduates can pursue career paths in banking and finance, the public sector, industry, and research and analysis. Possible professions include:

  • financial risk analyst
  • economist
  • researcher
  • purchasing manager
  • management consultant
  • actuary.

We offer a comprehensive careers service - Careers and Enterprise - your career partner during your time at Birkbeck and beyond. At every stage of your career journey, we empower you to take ownership of your future, helping you to make the connection between your experience, education and future ambitions.

Jobs & Career Perspectives

15 months after graduation, graduates of this course were asked about what they do and, if they are working, about their current job and their perspectives.

Current jobs

Required skill level of job after 15 months

Jobs of graduates of this course (15 months after graduation)

Example below based on all graduates of Financial Economics MSc at Birkbeck, University of London

20% Process, plant and machine operatives
10% Engineering professionals
10% Elementary occupations
10% Engineering professionals
5% Managers, directors and senior officials
5% Science, engineering and technology associate professionals
5% Skilled trades occupations
5% Process, plant and machine operatives
5% Managers, directors and senior officials
5% Elementary occupations

A June examination and coursework, including an econometrics project and a dissertation.

Entry Requirements / Admissions

Requirements for international students / English requirements

IELTS academic test score (similar tests may be accepted as well)

    • 6.5
    • Mphil / PhD

Non-EU students are encouraged to submit GRE or GMAT results. In some cases, the admissions tutor may request these results in order to make a decision on your application. In that case, you should upload your score report to the online application system as if it were an additional transcript page. If English is not your first language or you have not previously studied in English, our usual requirement is the equivalent of an International English Language Testing System (IELTS Academic Test) score of 6.5, with not less than 6.0 in each of the sub-tests. If you don't meet the minimum IELTS requirement, we offer pre-sessional English courses and foundation programmes to help you improve your English language skills and get your place at Birkbeck.
Get advice on which foundation courses are best for you to still study Financial Economics, MSc, if you do not meet the minimum requirements in terms of UCAS score, A levels, or English language requirements.

At least a second-class honours degree (2:2), or its equivalent, in either a directly relevant or a highly quantitative subject, or the Birkbeck Graduate Diploma in Economics. We expect all of our MSc students to be competent with intermediate microeconomics and macroeconomics, multivariable calculus, linear algebra and statistics.

Non-EU students are encouraged to submit GRE or GMAT results. In some cases, the admissions tutor may request these results in order to make a decision on your application. In that case, you should upload your score report to the online application system as if it were an additional transcript page.

Demonstrable qualities such as good time management and the ability to cope under pressure are vital.

Applications are reviewed on their individual merits and your professional qualifications and/or relevant work experience will be taken into consideration positively. We actively support and encourage applications from mature learners.

Costs

Tuition Fees Financial Economics MSc

England UK £16260 year 1
Northern Ireland £16260 year 1
Scotland £16260 year 1
Wales £16260 year 1
International £24000 year 1

Additional fee information

Students are charged a tuition fee in each year of their course. Tuition fees for students continuing on their course in following years may be subject to annual inflationary increases.

Average student cost of living in London

Rent £518
Water, gas electricity, internet (at home) £50
Supermarket shopping £81
Clothing £35
Eating out £33
Alcohol £27
Takeaways / food deliveries £30
Going out / entertainment (excl.alcohol, food) £24
Holidays and weekend trips £78
Transport within city £17
Self-care / sports £20
Stationary / books £13
Mobile phone / internet £13
Cable TV / streaming £7
Insurance £51
Other £95
  
Average student cost of living £1092

London costs approx 34% more than average, mainly due to rent being 67% higher than average of other cities. For students staying in student halls, costs of water, gas, electricity, wifi are generally included in the rental. Students in smaller cities where accommodation is in walking/biking distance transport costs tend to be significantly smaller.

University Rankings

Positions of Birkbeck, University of London in top UK and global rankings.

Rankings of Birkbeck, University of London in related subject specific rankings.

Social Studies & Humanities

    • #38 
    • #401 
    Economics
    GRAS Global Ranking of Academic Subjects - ShanghaiRanking
    [Published 27 October, 2023]

See all 17 university rankings of Birkbeck, University of London

About Birkbeck, University of London

Birkbeck, University of London (BBK) was established in 1823, and takes a different stance towards admissions than many other universities. Applicants are encouraged by BKK to apply even if they don’t possess the traditional qualifications normally required, as applications here are also considered based on an assessment of your knowledge on the subject, and any work experience you might have. Being located in the very centre of London, students will have all the advantages of the city’s public transport connections, as well as the chance to live in such a diverse and vibrant city with all that it offers.

List of 197 Bachelor and Master Courses from Birkbeck, University of London - Course Catalogue

Student composition of Birkbeck, University of London

undergraduates:
4800
postgraduates:
2810
Total:
7610
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Where is this programme taught

Main Site
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