MSc Finance (Major: Economic Policy)
Duration: 2–5 years
Minimum Entry Requirements: You should have a recognised UK Bachelor's degree, or international equivalent, in finance, economics, or another appropriate discipline. Qualifications in other subjects will be assessed on their merits. Your application may be considered if you have previous education and experience, equivalent to a degree-level qualification, which includes suitable preliminary training.
Start of programme: November / February / April / June / August
Mode of Attendance: Distance Learning
This programme is principally for postgraduates working on economic policy in government, central banks, other public organisations, international institutions and consultancy. It will increase your understanding of the principles, applications, and context underlying economic policy, focusing on the financial aspects of policy making.
Phone: +44 (0)20 7898 4098
English language requirements: If your first degree was not taught in English, you will need to provide evidence of language ability as tested by the British Council or another registered body. This is equivalent to a score of 7.0 overall in the IELTS test, or 7.0 in both reading and writing.
You will choose five core modules.
- Banking & Capital Markets
- International Finance
- Macroeconomic Policy & Financial Markets
- Microeconomic Principles & Policy
- Public Financial Management: Revenue
- The International Monetary Fund & Economic Policy
You will also choose three modules from the list of electives or core modules.
- Bank Financial Management
- Bank Regulation & Resolution of Banking Crises
- Corporate Finance
- Corporate Governance
- Econometric Analysis & Applications
- Econometric Principles & Data Analysis
- Finance in the Global Market
- Financial Econometrics
- Modelling Firms & Markets
- Risk Management: Principles & Applications
- Project Appraisal
- Research Methods
Teaching & Learning
Teaching & Learning
The MSc is made up of eight modules. Each module is studied in eight-week sessions. You can only take one module at a time, but each module is typically available in at least two of the year's study sessions. This gives you the flexibility to plan how you study during the year, enabling you to fit your study in with your professional, family and personal commitments.
You will be individually assigned an online academic tutor for the duration of each module with whom you can discuss academic queries at regular intervals during the study session. You will also have a named administrator providing you with help and advice throughout your studies.
Before the start of each module you have enrolled on, you will be sent a package containing all of the study materials that you need to complete the module – the core text, textbooks, a collection of key articles, and any module related software.
To make your experience as a distance learning student more complete and rewarding, we provide access to the Virtual Learning Environment, which is a web-accessed learning environment. Via the VLE, you can communicate with your assigned academic tutor, administrators and other students on the module using discussion forums. The VLE also provides access to the module Study Guide and assignments, as well as a selection of electronic journals available on the University of London Online Library.
For each module, you will sit a three-hour examination, held on a specified date in October, and complete two assignments during the module study session. Assignments are submitted and feedback given online. Examinations and assignments are weighted 70:30.
DestinationsAs a graduate of this programme you will be well prepared for senior positions in government, central banks, other public organisations, international institutions and consultancy.
How to Apply
The online application form allows you to submit your application directly to us for consideration. We aim to answer each application within 10 working days. Once it has been reviewed, you may be made a conditional offer. A firm offer will only be made once we have received from you the supporting documentation specified in the conditional offer. We will keep you informed of the process in writing.
For more information about our application procedure, application deadlines, and the supporting documentation required, please visit our admissions webpage.
A Student's Perspective
The programme has been truly rewarding and has certainly developed my expertise and enhanced my potential