University of Essex
MEcon Financial Economics (four-year integrated masters) MEcon
University of Essex

Key Course Facts

Student Reviews

Below you can see course specific reviews of 275 graduates of MEcon Financial Economics (four-year integrated masters) MEcon and other courses in Economics at University of Essex for each of the survey questions in comparison to the average for all UK degree courses in Economics.

The NSS is commissioned by the Office for Students

Salary

Salary of Graduates in Economics

Important: Salary data below is not course specific, but contains data of all students of Economics 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 £27000 £29000 £36500
25-75 percentile range £24000 - £30000 £21000 - £36500 £30500 - £48500


Salary of all UK Graduates of Economics

  15 months after graduation 3 years after graduation 5 years after graduation
Median salary £30101 £31974 £42762
25-75 percentile range £25019 - £35263 £24892 - £42048 £30343 - £57314

Course Description

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. Much of our world-class research is related to policy, and we have particular strengths in the areas of game theory and strategic interactions, theoretical and applied econometrics and labour economics. The quality of our work is reflected in our stream of publications in high-profile academic journals, including American Economic Review, Econometrica, and Review of Economic Studies.

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 MEcon Financial Economics (four-year integrated masters) MEcon at University of Essex

22% Business, Research and Administrative Professionals
18% Leisure, travel and related personal service occupations
14% Managers, directors and senior officials
12% Elementary occupations
7% Administrative occupations
6% Business and Financial Project Management Professionals
2% Teaching Professionals
2%
2% Business and public service associate professionals
2% Elementary occupations

Grading Distribution

Students of the course received the following grades

Entry Requirements / Admissions

UCAS Tariff of Accepted Students for Economics

Requirements for international students / English requirements

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

    • 6.5
    • Graduate Degrees
    • 6.0
    • Undergraduate Degrees
Get advice on which foundation courses are best for you to still study MEcon Financial Economics (four-year integrated masters), MEcon, if you do not meet the minimum requirements in terms of UCAS score, A levels, or English language requirements.

Costs

Tuition Fees MEcon Financial Economics (four-year integrated masters) MEcon

England UK £9250 year 1
Northern Ireland £9250 year 1
Scotland £9250 year 1
Wales £9250 year 1
Channel Islands £9250 year 1
Ireland £9250 year 1
EU £20500 year 1
International £20500 year 1

Additional fee information

Fees displayed are for 2024-25 entry. Fees may increase for each academic intake and each academic year of study.

Average student cost of living in the UK

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.

How to apply

Application deadline:

January 1, 2025

This is the deadline for applications to be completed and sent for this course. If the university or college still has places available you can apply after this date, but your application is not guaranteed to be considered.

Possible Entry Points:

  • year 1 (Default entry point)
  • year 2
  • year 3

University Rankings

Positions of University of Essex in top UK and global rankings.

Rankings of University of Essex in related subject specific rankings.

Social Studies & Humanities

    • #6 
    • #7 
    Economics
    The Guardian University League Tables by Subject
    [Published 09 September, 2023]
    • #45 
    Economics
    CUG The Complete University Guide - By Subject
    [Published 08 June, 2023]
    • #12 
    • #76 
    Economics
    GRAS Global Ranking of Academic Subjects - ShanghaiRanking
    [Published 19 July, 2022]
    • #107 
    Economics
    URAP University Ranking by Academic Performance - By Field
    [Published 22 July, 2023]

See all 27 university rankings of University of Essex

About University of Essex

The University of Essex, is a public, research university where curiosity prevails and thinking outside the box isn’t just encouraged, it’s expected. Based in the county of the same name, Essex, the main campus is located in Wivenhoe Park, near Colchester. It is home to the university’s three faculties, Humanities, Science & Health and Social Sciences, as well as a very large community of local rabbits, and other small fauna typical of the English countryside.

List of 921 Bachelor and Master Courses from University of Essex - Course Catalogue

Student composition of University of Essex

undergraduates:
12070
postgraduates:
3690
Total:
15760
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Where is this programme taught

Colchester Campus
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