Economics and Finance MSc

Overview

Gain an international perspective in the role of finance and monetary policy. Our Economics and Finance MSc is suitable for those without a financial background. It's also for those interested in a management career with an emphasis on finance and international economics.

The behaviour of organisations is influenced by economic developments in the financial and goods markets. An understanding of economic and financial theory and policy within the open economy is in high demand.

This course will suit you if you're interested in the following careers:

• investment banking
• financial research
• financial trading

Important information

We've highlighted important information about your course. Please take note of any deadlines.

Your course and study experience - disclaimers and terms and conditions

Please rest assured we make all reasonable efforts to provide you with the programmes, services and facilities described. However, it may be necessary to make changes due to significant disruption, for example in response to Covid-19.

View our Academic experience page, which gives information about your Newcastle University study experience for the academic year 2022-23.

See our terms and conditions and student complaints information, which gives details of circumstances that may lead to changes to programmes, modules or University services.

 

What you'll learn

You'll learn to understand and analyse:

• international finance markets
• the international trading system
• the role played by supranational institutions like the International Monetary Fund (IMF) and World Trade Organization (WTO)

Advanced statistical software

Where possible you'll have access to advanced statistical software including:

Software may include:

• Eviews
• SPSS
• Stata
• Gauss
• MATLAB
• SAS
• Maple
• Minitab
• R

Financial databases

You'll also have access to financial databases including:

• Bloomberg
• DataStream
• Fame
• Amadeus
• WRDS
• Compustat
• CRSP
• Oriana
• Global Financial Database

Modules

You will study modules on this course. A module is a unit of a course with its own approved aims and outcomes and assessment methods.

Course content changes

Module information is intended to provide an example of what you will study.

Our teaching is informed by research. Course content changes periodically to reflect developments in the discipline, the requirements of external bodies and partners, and student feedback.

Full details of the modules on offer will be published through the Programme Regulations and Specifications ahead of each academic year. This usually happens in May.

Optional modules availability

Some courses have optional modules. Student demand for optional modules may affect availability.

To find out more please see our terms and conditions.

International Economics and Finance MSc modules

Compulsory Modules	Credits
Dissertation	60
International Finance	10
Microeconomic Theory	10
Macroeconomic Theory	10
International Trade	10
Applied Econometrics	10
Research Methods in Economics and Finance	10
Introductory Econometrics	10
Financial Theory	20
Fundamental concepts for Economics	0
Critical Skills for Finance	0

Optional Modules	Credits
International Money and Banking	10
Behavioural Finance	10
Retail and Investment Banking	10
Central Banking	10
Financial Derivatives	20
Corporate Finance	10
Portfolio Management	10

How you'll learn

Delivery and teaching methods

This course is modular, comprising 180 credits.

Assessment methods

Depending on your modules, you'll be assessed through a combination of:

• Dissertation
• Essay
• PC examination
• Problem-solving exercises
• Written examination
• Written exercise

Additional assessment information

You'll complete a dissertation which takes the form of an independent data analysis project. This applies advanced econometrics techniques to address the question of interest to you.

Student support

Your teaching and learning is also supported by Canvas. Canvas is a Virtual Learning Environment. You'll use Canvas to submit your assignments and access your:

• module handbooks
• course materials
• groups
• course announcements and notifications
• written feedback

Throughout your studies, you’ll have access to support from:

• peers
• academics
• personal tutors
• our University Student Services Team
• student representatives

You'll also be assigned an academic member of staff. They will be your personal tutor throughout your time with us. They can help with academic and personal issues.

Our staff

View profiles of the module leaders for this course:

• Dr Roberto Bonilla (Degree Programme Director)
• Dr Xueqi Dong
• Dr Grega Smrkolj
• Dr Melanie Parravano Baro
• Dr Roxana Radulescu

Your development

Professional skills

On completion of this course, you'll be able to:

• deploy the fundamental and advanced analytical techniques in the area of finance
• critically assess the quality of the analytical data generated by these techniques
• synthesise and present relevant data, conclusions and recommendations to both specialist and non-specialist audiences
• exercise responsibility and leadership in group projects
• apply knowledge, skills and understanding to complex issues within finance and related industries

You'll also be able to showcase professional, technical and quantitative skills. These are highly valued in the private sector.

If you're pursuing a career in research institutions or central banks you'll be able to gain preliminary training.

Professional development

You'll benefit from our status as a Bloomberg Experiential Learning Partner. Through self-study, you'll complete the Bloomberg Market Concepts certificate. This gives you an interactive introduction to the financial markets.

You'll be able to take part in a live financial trading simulation. This is delivered jointly with:

• amplify trading
• CFA annual global investment challenge

You'll gain insights into different roles in the financial industry and boost your employability.

Your future

Graduate destinations

Graduates from this course have undertaken various roles, including:

• data analyst
• planning analyst
• principal economist
• auditor
• corporate finance and research analyst
• broker
• senior Financial Analyst
• PhD candidate

Careers

This course prepares you for a wide range of careers with employers, such as:

• PwC
• Bloomberg
• Brewin Dolphin
• HM Revenue and Customs
• Handelsbanken
• CLP Insurance Brokers
• Fitch Ratings
• Shanghai Greatwisdom Co. Ltd
• Experian PLC
• Siemens AG

Guest lectures

Practitioners from the world of finance and business give guest lectures every year. This provides an insight into career paths and job roles. You'll interact with these experts to:

• identify career opportunities
• develop strategies on how to progress in your career

Networking opportunities

Throughout the academic year we also hold many events on campus that you are welcome to join. Events are topical and provide great opportunities for you to network with:

• national and multinational organisations
• alumni
• peers

Our Careers Service

Our award-winning Careers Service is one of the largest and best in the country, and we have strong links with employers. We provide an extensive range of opportunities to all students through our ncl+ initiative.

Visit our Careers Service website

Quality and ranking

All professional accreditations are reviewed regularly by their professional body

Recognition of professional qualifications outside of the UK

From 1 January 2021 there is an update to the way professional qualifications are recognised by countries outside of the UK

Check the government’s website for more information.

Facilities

Newcastle University Business School is one of the largest Schools in the University. We have over 3,500 students representing over 83 nationalities. This valuable network extends beyond our current students to include:

• regional, nationality and international leaders
• alumni
• leading professionals and practitioners from industry

The Business School is based in a building within the Newcastle Helix development – Newcastle's emerging business district.

Our facilities provide:

• a flexible and dedicated conference suite with panoramic views across the city
• Wi-Fi enabled connectivity throughout the building, including three computer clusters housing approximately 120 PCs
• four large lecture theatres and 21 seminar rooms, providing comfortable teaching and group study space
• a dedicated Hub, Base, and Lounge providing a balanced mix of study space and relaxation areas
• a contemporary café

Find out more about Newcastle University Business School

Fees and funding

Tuition fees for 2023 entry (per year)

Tuition fee increases

If your studies last longer than one year, your tuition fee may increase in line with inflation.

EU, other EEA and Swiss nationals - tuition fee status

Depending on your residency history, if you’re a student from the EU, other EEA or a Swiss national, with settled or pre-settled status under the EU Settlement Scheme, you’ll normally pay the ‘Home’ tuition fee rate and may be eligible for Student Finance England support.

EU students without settled or pre-settled status will normally be charged fees at the ‘International’ rate and will not be eligible for Student Finance England support.

If you are unsure of your fee status, check out the latest guidance here.

Scholarships

We support our EU and international students by providing a generous range of Vice-Chancellor's automatic and merit-based scholarships. See our searchable postgraduate funding page for more information. 

What you're paying for

Tuition fees include the costs of:

• matriculation
• registration
• tuition (or supervision)
• library access
• examination
• re-examination
• graduation

Find out more about:

• living costs
• tuition fees

Deposit

If you are an international student or a student from the EU, EEA or Switzerland and you need a visa to study in the UK, you may have to pay a deposit.

You can check this in the How to apply section.

Funding deadlines

If you're applying for funding, always check the funding application deadline. This deadline may be earlier than the application deadline for your course.

For some funding schemes, you need to have received an offer of a place on a course before you can apply for the funding.

Search for funding

Find funding available for your course

Select your country

How to apply

Using the application portal

The application portal has instructions to guide you through your application. It will tell you what documents you need and how to upload them.

You can choose to start your application, save your details and come back to complete it later.

If you’re ready, you can select Apply Online and you’ll be taken directly to the application portal.

Alternatively you can find out more about applying on our applications and offers pages.

Apply Online  

Open days and events

You'll have a number of opportunities to meet us throughout the year including:

• campus tours
• on-campus open days
• virtual open days
• webinars

Find out about how you can visit Newcastle in person and virtually

Overseas events

We regularly travel overseas to meet with students interested in studying at Newcastle University.

Visit our events calendar for the latest events