Programme Specification
MSc Economics & Finance (2018 entry)
Academic Year: 2019/20
This specification provides a concise summary of the main features of the programme and the learning outcomes that a typical student might reasonably be expected to achieve and demonstrate if full advantage is taken of the learning opportunities that are provided.
This specification applies to delivery of the programme in the Academic Year indicated above. Prospective students reviewing this information for a later year of study should be aware that these details are subject to change as outlined in our Terms and Conditions of Study.
This specification should be read in conjunction with:
- Reg. XXI (Postgraduate Awards) (see University Regulations)
- Module Specifications
- Summary
- Aims
- Learning outcomes
- Structure
- Progression & weighting
Programme summary
Awarding body/institution | º¬Ðß²ÝÊÓƵ |
Teaching institution (if different) | |
Owning school/department | School of Business and Economics |
Details of accreditation by a professional/statutory body | |
Final award | MSc |
Programme title | Economics and Finance |
Programme code | ECTP31 |
Length of programme | The Programme is offered on a full-time basis only (except for purposes of re-assessment and in cases of credit transfer), commencing at the beginning of each academic session. The minimum period of registration is 9 calendar months for the award of PGDip and 12 calendar months for the award of the MSc. |
UCAS code | |
Admissions criteria | Full Time MSc - http://www.lboro.ac.uk/ECPT31 |
Date at which the programme specification was published | Thu, 11 Jul 2019 12:55:45 BST |
1. Programme Aims
- To enable students to evaluate theories of economics, finance and research methods, and apply these theories.
- To prepare students vocationally for employment in the financial services sectors of government, commerce and industry.
- To equip students with appropriate tools allowing them to understand and analyse contemporary issues in economic policy.
- To enhance students’ lifelong learning skills, personal development and employability to enable them to work with self-direction and originality and to contribute to and take effective roles within business and society.
2. Relevant subject benchmark statements and other external reference points used to inform programme outcomes:
The academic level at which the MSc programme is taught and assessed is guided by the criteria for the degree of Master in The Framework for Higher Education Qualifications in England Wales and Northern Ireland, published by the Quality Assurance Agency for Higher Education.
3. Programme Learning Outcomes
3.1 Knowledge and Understanding
On successful completion of this programme, students should be able to:
K1 Critically discuss advances in core microeconomic and macroeconomic theory.
K2 Appraise either the operations of financial markets, institutions and systems around the world or core theories of financial economics with respect to risk management, asset pricing and investment.
K3 Appraise the relevant quantitative methods and computing techniques necessary and select appropriately to allow for formal analysis of the above-mentioned material.
K4 Undertake independent research in economics and finance, using appropriate research tools and quantitative methods.
3.2 Skills and other attributes
a. Subject-specific cognitive skills:
On successful completion of this programme, students should be able to:
C1 Analyse theoretical and practical problems in economics and finance by using the theories and quantitative methods appropriate to those disciplines.
C2 Synthesise important issues and themes from the professional and academic literature in economics and finance.
C3 Use the professional and academic literature in economics and finance to formulate questions suitable for empirical research
C4 Critically analyse professional and academic research papers in economics and finance.
b. Subject-specific practical skills:
On successful completion of this programme, students should be able to:
P1 Generate word-processed written reports using structure, paragraphing and citation, appropriate to professional and academic standards in economics and finance.
P2 Construct tables of statistical data, interpret such data, and carry out statistical hypothesis testing.
c. Key transferable skills:
On successful completion of this programme, students should be able to:
T1 Critically analyse and evaluate complex topics.
T2 Formulate key arguments from an extensive range of evidence.
T3 Demonstrate advanced skills in numeracy ( Interpret numerical information, reason numerically and apply appropriate mathematical and statistical techniques).
T4 Apply logical thinking and problem solving in unstructured situations.
T5 Use advanced information technology (e.g. handling of large data sets, multifaceted information retrieval and spread-sheet methods).
T6 Demonstrate effective personal organisation including time management, independent study, self-direction, decision-making and written and oral communication.
T7 Use effective team-working skills including leadership, team-building and project management.
T8 Enhance skills in oral presentation of reports on group work, subject to deadlines.
4. Programme structure
Module Structure
Compulsory Modules (total modular weight 165)
Code |
Subject Title |
Modular Weight |
Semester |
ECP204 |
Economics of Firms and Markets |
15 |
1 |
ECP205 |
Macroeconomic Policy and Financial Markets |
15 |
1 |
ECP202 |
Financial Economics |
15 |
1 |
ECP206 |
Economic Data Analysis |
15 |
1 |
ECP200 |
Research Communication for Economists |
10 |
2 |
ECP256 |
Applied Financial Econometrics |
15 |
2 |
ECP251 |
Risk Management and Derivatives |
15 |
2 |
ECP255 |
Corporate Finance |
15 |
2 |
ECP311 |
Financial Economics in Practice |
20 |
3 |
ECP315 |
Economics Research Project |
30 |
3 |
Semester 2 Option Modules
In addition to the listed compulsory modules, students will choose One optional Module (total modular weight 15).
Code |
Subject Title |
Modular Weight |
Semester |
ECP254 |
Banking and Financial Markets |
15 |
2 |
ECP257 |
International Money and Finance |
15 |
2 |
5. Criteria for Progression and Degree Award
5.1 In order to be eligible for an award, candidates must satisfy the requirements of Regulation XXI.
5.2 Candidates who have a right of re-assessment in a module may choose to be re-assessed in the University’s Special Assessment Period.
5.3 All examinations must be taken at º¬Ðß²ÝÊÓƵ unless special permission is obtained in advance from the Programme Director.
6. Relative Weighting of Parts of the Programme for the Purposes of Final Degree Classification
Weightings for the contribution to the Final Degree Classification will be consistent with the credit weighting of each module.