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University of Aberdeen

Aberdeen , Scotland ,United Kingdom

Financial Economics, MA

The first two years of the MA in Financial Economics are the same as those of the joint degree. Differentiation occurs in years 3 and 4. Our MA in Financial economics offers focused and specialised training that often cannot be achieved in the joint degree. In particular the programme prescription has been designed in such a way that the positive benefits that economics courses have on finance courses (and vice versa) are maximised. Students will be able to study degree-specific courses, such as the Dissertation in Financial Economics.

Many of the courses can only be taken by a student on the single honours programme and not on the joint degree, offering a level of differentiation.

There will be an opportunity to specialise in the fourth year of study by choosing suggested pathways, which will include “Behavioural and Experimental Finance”, “Financial Investment” and “Macroeconomics, Policy and Finance”.

Our behavioural route, in particular, provides expertise in an area that has increasingly gained prominence in terms of both academic importance (the 2017 Nobel-Prize in Economics was awarded to Prof Richard Thaler – a father of modern Behavioural Economics and Finance) and has repercussions to everyday-life decisions (e.g. the Behavioural Insight Team provides policy advice to the UK government by applying behavioural sciences. Students will benefit from having both close links to employers and exposure to professional training facilities, such as our trading floor, which is used by major financial services companies across the world.

This degree prepares students with the knowledge and skills required for a career in finance and graduates would expect to find employment in all sectors of the financial services industry, both in the UK and overseas, including financial institutions such as banks, insurance companies, pension funds, investment and unit trusts and in roles, such as a financial analyst, portfolio manager or risk management consultant.

Campus Information

Old Aberdeen

The Old Aberdeen campus is the historic heart of the University and combines immaculately preserved buildings with state-of-the-art facilities for learning, research and recreation. The Schools incorporating the Arts and Social Sciences and Physical Sciences are based here.

Intakes

  • Sep

Application Processing Time in Days: 30

Minimum English Language Requirements

English Level Description IELTS (1.0 -9.0) TOEFL IBT (0-120) TOEFL CBT (0-300) PTE (10-90)
Expert 9 120 297-300 86-90
Very Good 8.5 115-119 280-293 83-86
Very Good 8 110-114 270-280 79-83
Good 7.5 102-109 253-267 73-79
Good 7 94-101 240-253 65-73
Competent 6.5 79-93 213-233 58-65
Competent 6 60-78 170-210 50-58
Modest 5.5 46-59 133-210 43-50
Modest 5 35-45 107-133 36-43
Limited 4 32-34 97-103 30-36
Extremely Limited < 4 < 31 < 93 < 30

Job Opportunity Potential

The University Careers and Employability Service aims to inspire and support your career success through collaboration, innovation and professionalism. We provide our students and recent graduates with the advice and information they need for effective career planning and skill development along with opportunities for networking and connecting with employers. 

Explore your options

  • One-to-one support in-person, by phone or online with a Careers Adviser who specialises in your degree subject
  • Information resources for researching options with your degree subject and specific job types

Develop your skills

  • Opportunities for you to participate in programmes, such as the Leadership Academy and Career Mentoring, that will allow you to develop skills that employers value
  • Online professional skills courses

Connect with opportunities

  • Employer-led events, including workshops, presentations and fairs
  • Support with finding work experience and graduate opportunities

PSW Opportunity

2 Years Post Study Work Visa

Admission Requirement / Eligibility Criteria

Indian School Certificate or Higher Secondary School Certificate

Arts: At Standard XII a minimum percentage of 75% overall. Additionally, a minimum percentage of 80% in English at Standard XII or our normal English language requirements. The University of Aberdeen will also accept successful completion of the first year of a University degree programme as qualifying for first-year entry. 

Science: At Standard XII a minimum percentage of 75% overall, including 75% or more in two science subjects, or Mathematics and a science subject. A minimum grade of 75% is required where the prospectus specifies good performance in a particular subject. Additionally, a minimum percentage of 80% in English at Standard XII or our normal English language requirements

Engineering: At Standard XII a minimum percentage of 75% overall, including 75% or more in Mathematics and Physics. Additionally, a minimum percentage of 80% in English at Standard XII or our normal English language requirements

Law: At Standard XII a minimum percentage of 80% overall. Additionally, a minimum percentage of 80% in English at Standard XII or our normal English language requirementsSQA Highers

Standard: AABB

Applicants who have achieved AABB (or better), are encouraged to apply and will be considered. Good performance in additional Highers/ Advanced Highers may be required.

Minimum: BBB

Applicants who have achieved BBB (or are on course to achieve this by the end of S5) are encouraged to apply and will be considered. Good performance in additional Highers/Advanced Highers will normally be required.

Adjusted: BB

Applicants who have achieved BB, and who meet one of the widening participation criteria are encouraged to apply and will be considered. Good performance in additional Highers/Advanced Highers will be required.

A LEVELS

Standard: BBB

Minimum: BBC

Adjusted: CCC

International Baccalaureate

32 points, including 5, 5, 5 at HL.

Irish Leaving Certificate

5H with 3 at H2 AND 2 at H3.

PLEASE NOTE: National 5/ Standard Grade/ GCSE (or equivalent) in Mathematics / Applications of Mathematics is required in addition to the requirements noted above.

English Language Requirements
To study for an Undergraduate degree at the University of Aberdeen it is essential that you can speak, understand, read, and write English fluently. The minimum requirements for this degree are as follows:

IELTS Academic:

OVERALL - 6.0 with: Listening - 5.5; Reading - 5.5; Speaking - 5.5; Writing - 6.0

TOEFL iBT:

OVERALL - 78 with: Listening - 17; Reading - 18; Speaking - 20; Writing - 21

PTE Academic:

OVERALL - 59 with: Listening - 59; Reading - 59; Speaking - 59; Writing - 59

Cambridge English B2 First, C1 Advanced or C2 Proficiency:

OVERALL - 169 with: Listening - 162; Reading - 162; Speaking - 162; Writing - 169