Financial Economics
MSc
Course overview
Our MSc Financial Economics is designed to offer you a blend of academic rigor with practical expertise. It is ideal if you are an ambitious individual keen to deepen your understanding of economic theory and its real-world applications, such as those relating to the global financial crisis and financial regulations that followed.
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Why choose this course?
- You will develop advanced quantitative and analytical skills through a blend of theoretical learning and hands-on econometric training.
- You will be taught by leading economists actively engaged in cutting-edge and impactful research who bring their insights straight to the classroom.
- This course offers you career and networking opportunities from its strong connections to the Civil Service, and the consultancy and finance industries.
- The flexibility of evening classes, many of which are offered online as well as on campus, can help you balance your studies with other professional or personal commitments.
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What will I learn?
This course will equip you with advanced tools in microeconomics, banking and regulation, and econometrics to help prepare you for a dynamic career in banking and finance, government, consultancy or academia.
You will begin by refreshing your mathematics and statistics skills. This prepares you to master skills that form the basis of training as an economist in:
- advanced microeconomics
- banking and financial regulation
- econometrics.
You will then be able to tailor the course to your interests choosing from option modules, such as advanced econometrics, industrial economics and monetary economics. Your supervised dissertation completes your studies allowing you to develop valuable skills for independent research.
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How will I learn?
You can study this MSc Financial Economics full- or part-time with classes in the evening. Classes are complemented by our high-quality virtual learning environment with additional online resources including video recordings of lectures you can refer back to. You will also be able to gain online access to databases and journals from the Birkbeck Library.
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How often will I attend classes?
Full-time: Four to five evenings a week, September to August.
Part-time: Two to three evenings a week, September to August.
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Flexible Master's
This course is part of our Birkbeck Flexible Master’s UK, which gives you the choice of how you want to study - on campus, online or via flexible learning, which combines both.
If you require a Student visa to study in the UK, you will only be able to apply for the on-campus study option for this course. Online and flexible options will not be available to you because they may affect the conditions of your visa. -
Course disclaimer
Birkbeck makes all reasonable efforts to deliver educational services, modules and programmes of study as described on our website. In the event that there are material changes to our offering (for example, due to matters beyond our control), we will update applicant and student facing information as quickly as possible and offer alternatives to applicants, offer-holders and current students.
Most of our courses are taught in the evenings, however some of our courses offer a daytime timetable. Where there is an option to attend daytime teaching sessions, this is stated in the How will I learn? section.
More highlights
- In the most recent 2021 Research Excellence Framework, 84% of our Economics and Econometrics research outputs were rated as world-leading or internationally excellent, ranking us among the top 20 economics departments in the UK. This helps ensure you receive high-quality teaching informed by the latest developments in the field.
- Our state-of-the-art facilities in Central London allow you to study in person or remotely.
- You will also gain valuable networking opportunities through your fellow students on this course, many of whom are already working in the Civil Service, Bank of England, economic regulators and City firms.
Modules and Teaching
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One year full-time or two years part-time, flexible learning or online or on campus, starting in September 2026
Course structure
For this course you must complete modules worth a total of 180 credits, consisting of:
- four compulsory modules, including either Econometrics or Econometrics of Financial Markets (30 credits each)
- one or two option modules (30 credits)
- an 8000-word dissertation (30 credits).
Compulsory modules reinforce economic and financial theory with practical application. They include preliminary courses in mathematical and statistical techniques, which take place in September and have to be passed in order to progress to the course.
Option modules allow you to specialise and are based on current themes. Availability varies across years.
You can apply to take this Flexible Master’s course either on campus, online or via flexible learning, which combines both. If you require a Student visa to study in the UK, you will only be able to apply for the on-campus study option for this course.
Please note that you will need to attend Birkbeck campus for some assessments for this course, such as examinations.
Compulsory modules (on campus or online)
- Econometrics
- Financial Econometrics
- Financial Markets, Banking and Regulation
- Microeconomics
- Quantitative Techniques
Indicative option modules (on campus or online)
- Advanced Econometrics
- Corporate Finance
- Financial Markets
- Monetary Economics
- The Economics and Econometrics of Evidence-Based Policy
- Topics in Economic Policy
MSc Financial Economics dissertation (on campus or online)
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Teaching
We encourage innovative and engaging ways of teaching to help ensure you have the best learning experience and provide a range of different modes of learning to help you juggle study with work and other commitments.
What are the methods of teaching?
Through lectures and problem-solving classes. For the applied project and the independent dissertation, you will receive tutorial guidance from a faculty member.
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How will I be assessed?
Examinations and coursework, including an econometrics project and a dissertation.
Please note that for this course modules are assessed by an examination at the end of the teaching term they run in (rather than only at the end of the summer term in May or June).
Please see individual modules for more details.
Find out more about assessment at Birkbeck, including guidance on assessment, feedback and our assessment offences policy.
Entry 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.
Demonstrable qualities such as good time management and the ability to cope under pressure are vital.
We welcome applicants without traditional entry qualifications as we base decisions on our own assessment of qualifications, knowledge and previous work experience. We may waive formal entry requirements based on judgement of academic potential.
On your application form, please list all your relevant qualifications and experience, including those you expect to achieve.
Apply now to secure your place. The earlier you apply, the sooner your application can be considered, and you can enrol. You do not need to have completed your current qualification to start your application.
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What are the English language requirements?
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. We also accept other English language tests.
If you don't meet the minimum English language requirements, please contact us or see our international study skills page for more details about how we can help.
Visit the International section of our website to find out more about our English language entry requirements and relevant requirements by country.
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What are the visa and funding requirements?
If you are not from the UK and you do not already have residency here, you may need to apply for a visa.
The visa you apply for varies according to the length of your course:
- Courses of more than six months' duration: Student visa
- Courses of less than six months' duration: Standard Visitor visa
International students who require a Student visa should apply to study on our courses full-time as these qualify for Student visa sponsorship. If you are living in the UK on a Student visa, you will not be eligible to enrol to study part-time courses at Birkbeck (with the exception of some modules).
As a Student visa student, you should also apply to study on campus only, as online and flexible options of study (if they are available for your course) may affect the conditions of your visa.
For full information, read our visa information for international students page.
Please also visit the international section of our website to find out more about relevant visa and funding requirements by country.
Please note students receiving US Federal Aid are only able to apply for in-person, on-campus programmes which will have no elements of online study.
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Credits and accredited prior learning (APL)
If you have studied at university (or have an HND or Foundation Degree), you may have accumulated credits. It may be possible to transfer these from your previous study to Birkbeck or another institution.
Fees
MSc: One year full-time or two years part-time, on campus, starting in September 2026
Academic year 2026-27
Part-time home students: £7,440 per year
Full-time home students: £14,880 per year
Part-time international students: £11,490 per year
Full-time international students: £22,980 per year
MSc: One year full-time or two years part-time, online, starting in September 2026
Academic year 2026-27
Part-time home students: £7,440 per year
Full-time home students: £14,880 per year
Part-time international students: £11,490 per year
Full-time international students: £22,980 per year
MSc: One year full-time or two years part-time, flexible learning, starting in September 2026
Academic year 2026-27
Part-time home students: £7,440 per year
Full-time home students: £14,880 per year
Part-time international students: £11,490 per year
Full-time international students: £22,980 per year
Students are charged a tuition fee in each year of their course. Tuition fees for students continuing their course may be subject to annual inflationary increases. For more information, please see the Fees Policy.
Discover the financial support available to you to help with your studies at Birkbeck.
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Birkbeck's Lifelong Learning Guarantee
If you've studied at Birkbeck before and successfully completed an award with us, take advantage of our Lifelong Learning Guarantee to gain a reduction on the tuition fee of this course.
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Can I apply for an international scholarship?
We provide a range of scholarships for eligible international students, including our Global Future Scholarship. View Birkbeck's available scholarships.
Birkbeck's campus is located in the historic and vibrant Bloomsbury area of central London - named one of the best places to live in London 2025 by The Times.
Careers and employability
Through your studies on this MSc Financial Economics you will develop valuable transferable skills including:
- the ability to analyse and interpret complex data
- the ability to use economic theory to solve problems
- proficiency in econometric modelling
- proficiency in independent research
- strong communication and presentation skills.
The strong emphasis of this course on quantitative and analytical skills helps ensure our graduates are highly sought after in competitive industries. They are well equipped for employment in banking and insurance, government, academia, economic consultancies and finance, in roles such as:
- senior economist
- data analyst
- researcher
- policy adviser.
Graduates from this course have secured jobs in HM Treasury, the Bank of England, Financial Conduct Authority, Frontier Economics, International Monetary Fund and OECD.
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.
Student support
Birkbeck offers study, learning and wellbeing support to undergraduate and postgraduate students to help them succeed.
Our Learning Development Service provides a lively programme of free weekly workshops building essential academic skills - from writing and critical thinking to maths and referencing - offering flexible sessions, practical tips, and online resources to boost your skills and confidence.
Our Disability and Mental Health Service can support you if you have disabilities, specific learning differences, mental health conditions or neurodivergence, by providing practical support to help you achieve your academic potential.
Our Counselling Service aims to support you with any emotional and psychological difficulties that are affecting your experience and engagement with your studies at university. It is a free, non-judgemental and confidential service which consists of a consultation process followed by time limited counselling contact.
Find out more about the full range of student services we offer at Birkbeck.
How to apply
You apply directly to Birkbeck for this course, using the online application link.
You will need to prove your identity when you apply. Find out more about how to apply.
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When should I apply?
You are strongly advised to apply now, to ensure there are still places left, and to give you enough time to complete the admissions process, to arrange funding and to enrol.
You don't need to complete your current programme of study before you apply - Birkbeck can offer you a place that is conditional on your results.
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How can I get help with my application?
Get all the information you need about the application, admission and enrolment process at Birkbeck.
Our online personal statement tool will guide you through every step of writing the personal statement part of your application.
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International agents
If you are an international agent applying to Birkbeck on behalf of an international student, please use Birkbeck's agent portal.
Related courses
Study routes for Financial Economics (MSc)
Please select a study route below to continue your application.
Please note that international students who require a Student visa to study in the UK can only apply for full-time, on campus routes.
Starting in September 2026
Full-time
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One year full-time, on campus starting in September 2026
Apply Now Financial Economics (MSc) One year full-time, on campus starting in September 2026 -
One year full-time, online starting in September 2026
Apply Now Financial Economics (MSc) One year full-time, online starting in September 2026 -
One year full-time, flexible learning starting in September 2026
Apply Now Financial Economics (MSc) One year full-time, flexible learning starting in September 2026
Part-time
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Two years part-time, on campus starting in September 2026
Apply Now Financial Economics (MSc) Two years part-time, on campus starting in September 2026 -
Two years part-time, online starting in September 2026
Apply Now Financial Economics (MSc) Two years part-time, online starting in September 2026 -
Two years part-time, flexible learning starting in September 2026
Apply Now Financial Economics (MSc) Two years part-time, flexible learning starting in September 2026