Finance and Economics are undeniably the two important pillars shaping our world for centuries. From ancient barter systems to modern-day calculations and projections that drive everything from global trade to investments, humans have come a long way. No wonder why millions of international students every year are drawn to these fields.
One country that stands out in this regard is the United Kingdom. Thanks to British pioneers like Adam Smith, whose contributions laid the foundation for the modern world economy and the UK shot to become one of the leading financial hubs ever since. Today, the city of Big Ben Tower stands tall as the second-biggest financial centre on the planet! So, if you are eyeing a finance or economics master’s course to study in UK, you are in for a treat! How? let us find out the answer that is hidden in the offerings of these fields and Universities in the UK!
The Field of Economics
As we move on to discover diverse offerings of master programs in economics at world-class British universities, let us understand what exactly these universities will teach you in the field of Economics,
The field of Economics is like the Sherlock Holmes of the business world which focuses on how resources are allocated for production, distribution, and consumption—both on Micro and Macro scale. While studying economics, you will be involved in topics like business, wealth, and finance. Now, you might think it’s all about money, but wait, economics is so much more than that! Its magic lies in deciphering historic trends, interpreting today’s headlines, and making calculated predictions about the future ahead. With its rich academic tradition and global economic outlook, the UK offers an unmatched student learning experience.
Table of Contents
Specializations in Economics
As fascinating as the field is, Economics will equip you with a diverse set of fascinating skills that are highly valued in today’s job market. Here are some of the subjects you will typically encounter while pursuing economics in UK universities,
- Computing
- Econometrics
- Financial Analysis
- Financial Economics
- International Trade and Development
- Investment Banking
- Macroeconomics
- Mathematics
- Microeconomics
- Numeracy
In the world of Economics, these subjects not only gain a deep understanding of economic theory but also develop analytical, quantitative, and critical-thinking skills that are highly sought after across all the different industries.
Popular Economics Master’s Programs and UK Universities
It seems like you have made up your mind to catch a UK-bound flight to study master’s in economics. But with so many specializations and universities to choose from, it can be confusing. Luckily, we have got you covered with a curated list of popular Economics master’s programs and UK universities,
| Popular Master’s Programs | Top-notch UK Universities |
| MA Financial Economics. MSc in Finance, Investments, and Economics. International Business Economics. MSc Health Economics. MSc Development Economics. MSc in Economics, Banking, and Finance. MSc Data Analytics for Economics and Finance. MSc Behavioural and Experimental Economics. MRes Economics. | Queen Mary University of London University of Bristol University of Nottingham University of Glasgow University of Southampton University of Birmingham University of Sussex University of Essex Durham University University of Leeds University of York Lancaster University |
Career Prospects After Master’s in Economics
After completing any of the masters programs mentioned above from reputable universities known for their well-respected alumni, here are some of the esteemed roles you could pursue,
- Accountant
- Actuary
- Administrative Officer
- Compliance Officer
- Consultants
- Economist
- Journalists
- Operations Research Analyst
- Private or Government Advisor
- Professor
- Securities Trader, etc.
The Field of Finance
The Finance field is where all the money game is involved. Here you venture into the depths of Money Management, Investment Strategies, and Financial Markets. It’s all about navigating the terrain of wealth allocation, risk assessment, and capital allocation—both on an individual and cumulative level. Just like bold British adventurer – Bear Grylls, financial professionals are experts in connecting dots about past financial patterns, understanding today’s market needs and accordingly planning for future financial victories. And for this expedition, where better than the important financial hub of the world? With prestigious universities, global market influence, and rich academic resources, pursuing masters in finance UK is like grabbing your compass and uncovering the treasures of the finance world!
Specializations in Finance
To prepare you for the fast-paced world of Finance, master’s programs in this field offer a comprehensive range of subjects. Here are some important subjects you will learn during your studies in the United Kingdom,
- Behavioural Finance
- Corporate Finance
- Credit Risk
- Derivatives
- Dissertation
- Econometrics
- Financial Management
- International Finance
- Investment Analysis
- Markets and Institutions
- Portfolio Management
With a solid foundation in these subjects, you will be well-prepared to navigate the intricacies of the finance world and get ahead in your career. Also, studying masters in Finance in a country whose capital is the second major financial centre of the planet adds an extra layer of prestige and opportunity to your educational journey.
Popular Finance Master’s Programs and UK Universities
Given below is the list of master’s programs in the finance field along with popular universities in the United Kingdom,
| Popular Master’s Programs | Top-notch UK Universities |
| MSc Sustainable Finance. MSc Business Finance. MSc in Banking and Finance. MSc in Finance and Machine Learning. MSc Behavioural FinanceLLM Banking and Finance Law. MSc in Industrial Engineering and International Finance. MFin in International Finance. MFin in International Finance, Risk and Regulation. MSc Management and Finance. MSc Finance and Risk. MSc International Energy Studies and Energy Finance. | Cranfield University Lancaster University Durham University University of Bath University of Birmingham University of Exeter University of Nottingham University of Glasgow University of Sheffield Loughborough University Queen Mary University of London Aston University Newcastle University University of Strathclyde University of Bristol |
Career Prospects After Masters in Finance
Why the wide-eyed astonishment? Oh, you are stuck thinking about how remarkable the career prospects would be in the second major financial centre of the planet. Well, hold on to your breath as we list a few finance-related positions you can set your eyes on, where you can earn great pounds in Great Britain,
- Accountant
- Actuary
- Chief Financial Officer
- Financial Advisor
- Financial Analyst
- Financial Manager
- Risk Manager
- Securities and Financial Services Agents
- Stockbroker etc.
It is also noteworthy that in the field of Economics and Finance UK universities mostly offer courses that are highly accredited by professional bodies such as the Association of Chartered Certified Accountants (ACCA), the Chartered Institute of Management Accountants (CIMA), the Institute of Chartered Accountants in England and Wales (ICAEW), and the Chartered Financial Analyst (CFA) Institute. This professional accreditation helps students to get exemptions to some of the associated professional exams and also ensures that program modules meet the standards of the profession in which they seek to make a career in.
In conclusion, Finance and Economics study fields are like two trains on parallel tracks, each essential to the smooth operation of the global economic landscape. Consider the Finance field as the engine, pulling the economy forward with the financial fuel, while the Economics study field lays the tracks for that engine. Just as trains need both engine and track to move forward, our world relies on this interdependent relationship between Finance and Economics. Both these fields offer immense potential in a world driven by commerce and trade, blending theoretical knowledge with practical applications.
So, when deciding which train to board on your educational journey, consider your destination carefully like you choose the United Kingdom. Whether you choose Finance or Economics, rest assured that each offers a ticket to a world of opportunities. And remember, just like a traveller relies on a trusty guide, seeking guidance from reputable study abroad consultants can streamline the process of reaching your study destination safe and sound. From selecting the right university to securing admission and arranging travel and accommodations, they make sure you reach the right platform and on-time.
