Oxford MSc Financial Economics
The Oxford MSc Financial Economics (MFE) is run jointly by Oxford Saïd’s finance faculty and the University’s Department of Economics. The finance faculty at Oxford Saïd is one of the fastest growing and most prestigious in Europe, and works alongside the most diverse and well-known groups of economists in the world. Together they publish prolifically in top journals, speak at academic and practitioner conferences, and advise companies, financial institutions, and governments.
The MFE is delivered through Oxford Saïd which means that, unlike other graduate programmes, the MFE features interactive classes, use of case studies, practitioner teaching, and proactive careers support.
Throughout the programme we stress the links between financial economics theories and key finance activities - topics are chosen in the economics courses for their relevance to finance.
The MFE has been designed in close consultation with a panel of advisers from leading financial institutions. This panel has helped ensure that the choice and content of courses match the needs of employers. The panel continues to play an important role on the MFE, providing up-to-date practitioner advice on course content, supplying adjunct faculty and representing major recruiters.
Once accepted on the programme we will provide you with pre-course reading so that, if you lack a background in finance or economics, you can become familiar with key concepts and techniques that will be introduced early on in the programme. Before the first term you will be required to take pre-course classes in maths (depending on your existing level), in Matlab (a computer language), and in accounting. You will also attend pre-course careers training. A maths workbook has been prepared for students to study over the summer before the programme starts. During the first term there will also be additional mathematics and computing classes should you need further practice and support.
We have introduced a three-day Financial Markets and Institutions pre-course that will link academic instruction with talks and seminars by industry practioners, talks by potential employers, and alumni events. You will be introduced to the wide variety of financial markets and products in one of three key financial centres - New York, Shanghai, or Oxford/London.
Four core modules and five electives
During your time on the programme, you will take four core modules that are all carefully integrated: the economics and econometrics modules apply theories and methodologies to finance and the finance modules provide the underlying economic principles of financial practice. Find out more about the core modules.
You will also take five electives. The wide range of electives available enables you to gain a deeper knowledge of areas of special interest. The electives are subject to change from year-to-year depending on demand. Find out more about the elective modules.
Oxford Saïd Finance Lab
You will have the opportunity to take part in the Oxford Saïd Finance Lab in addition to your programme of study. The Oxford Saïd Finance Lab is a series of practical workshops on financial modelling and real-world case studies, working alongside a number of banking firms and funds, followed by a networking oportunity with representatives. Find out more about the Oxford Saïd Finance Lab.
Modules are assessed using a combination of examinations and assignments. They vary in the way they are assessed, with core modules placing the emphasis on examinations, and electives stressing written assignments, some of which may be undertaken in teams. Although classroom participation is not graded, many modules give credit for case study write-ups that form the basis of classroom discussions.