9 months
Duration
16500 EUR/full
16500 EUR/full
Unknown
Tuition fee
Unknown
Apply date
Unknown
Start date

About

The increasing complexity of financial markets demands greater modeling techniques and a deeper understanding of financial data. The Master's in Financial Economics at the BSE is designed to prepare you for these challenges.

Visit the official programme website for more information

Overview

The admissions period for our Master's 2023-24 is officially open!

Apply before January 15 to increase your chances of being accepted.

The BSE Financial Economics Program builds on the School's outstanding faculty in Finance, Economics, Econometrics and Data Science. The program is aimed at students that seek an interdisciplinary approach that combines Finance and Economics. It is designed to give students the strong modeling techniques, econometric tools, and advanced coding skills needed for the top jobs in banking, consulting and fintech.

The Financial Economics Program is built around three pillars:

  • Concepts: acquire an in-depth understanding of the theory of Finance and Economics
  • Modeling: learn how to construct and implement financial models
  • Data analysis: apply Econometrics, Statistics and Data Science techniques to analyze complex financial data

94% career placement success within six months of graduation

Our graduates excel at designing and implementing complex financial and economics models; they have a strong understanding of the theory; and can apply their programming skills (R, Matlab, Stata and Python) to the analysis of large datasets.

Thanks to their ability to analyze and model data intensive problems, and to communicate results effectively, our graduates are in high demand from a wide range of industries, including consulting, banking, risk management and derivatives trading, portfolio and investment management, fintech, and central banks.

Most of our Financial Economics students have a background in Economics or in a quantitative subject. Proof will be required showing an undergraduate degree with a substantial number of quantitative subjects, or GRE to demonstrate quantitative ability (however, the GRE is not mandatory for this program).

What skills and knowledge will I acquire in this program?

  • Advanced quantitative knowledge in finance
  • Modeling techniques for financial problems
  • Use of programming languages for finance applications
  • Econometric techniques for the analysis of financial data

Who hires Financial Economics graduates?

  • Consulting Firms
  • Financial Services
  • Government & Authorities
  • Research & Academic Institutions
  • Other Industries
  • Technology

Examples of recent placements:

  • Banco Central del Perú - Senior Macroeconomic Analyst - Lima, Peru
  • Bank of England - Market Intelligence Analyst - London, United Kingdom
  • CaixaBank Research - Research Assistant (Macroeconomics Department) - Barcelona, Spain
  • Deloitte - Banking risk advisory - Barcelona, Spain
  • European Investment Bank (EIB) - Trainee at the General Secretariat Directorate – Economics Department – Country and Finance Sector Analysis Division - Luxembourg, Luxembourg
  • ING - International Talent Program (ITP) - Brussels, Belgium
  • OECD - Trainee in the Directorate for Science, Technology and Innovation (STI)  - Paris, France
  • Oxera - Senior Consultant - London, United Kingdom
  • Cognizant - Financial Planning & Analytics - Chennai, India
  • United States Federal Reserve - Financial Institution Policy Analyst - Washington, DC, United States

Here is a brief profile of the classmates that a Master's student in the BSE Class of 2022 will meet this year:

  • Most students have undergraduate degrees in Economics or Finance. Others come from Engineering, Mathematics, or other backgrounds. 
  • Most of the students has work experience before joining BSE, but there are other students who were accepted to pursue the Master's programs immediately after obtaining their undergraduate degrees.
  • All continents are represented in the Class of 2022. This year, students come from 49 different countries, with 86% of students coming from outside of Spain and 44% of students coming from outside Europe.

Accreditation

All Barcelona School of Economics Master's degrees have been recognized by the Catalan and Spanish Education authorities and within the framework of the Bologna Process (in Spanish, “Master Universitario o Master Oficial”).

The Barcelona School of Economics has been distinguished as a Severo Ochoa Center of Excellence in every edition of the program (2012-15; 2016-19; 2020-23)

Programme Structure

A key advantage of our Master in Finance is that students can benefit from BSE top faculty teaching in a wide range of courses in their field of expertise. In particular, students with an interest in quantitative techniques can take electives in advanced econometric methods, optimization techniques, advanced programming, and machine learning, while students who are interested in economics topics can choose among the advanced economics courses in macroeconomics, monetary policy, and exchange rates.

In September, students are required to take the following brush-up courses:

  • Calculus and Linear Algebra
  • Probability and Statistics

During the first weeks of Term 1, students have the opportunity to take an introductory Matlab course, highly recommended for those students who have never used it before or want to reinforce their knowledge.

Audience

Who will benefit from this program?

  • Graduates in Economics or Finance with an interest in modeling techniques and data analysis
  • Graduates in Engineering, Mathematics, Physics, or Statistics that want to pursue a career in Finance
  • Analysts and policy-makers at financial or supervisory authorities
  • Aspiring PhD students

Key information

Duration

  • Full-time
    • 9 months

Start dates & application deadlines

Language

English
IELTS admission requirements IELTS
6.5
TOEFL admission requirements TOEFL® IBT
90

Credits

60 ECTS

Delivered

On Campus

Academic requirements

GRE admission requirements GRE®
Required

English requirements

IELTS admission requirements IELTS
6.5
TOEFL admission requirements TOEFL® IBT
90

Student insurance

Make sure to cover your health, travel, and stay while studying abroad. Even global coverages can miss important items, so make sure your student insurance ticks all the following:

  • Additional medical costs (i.e. dental)
  • Repatriation, if something happens to you or your family
  • Liability
  • Home contents and baggage
  • Accidents
  • Legal aid

We partnered with Aon to provide you with the best affordable student insurance, for a carefree experience away from home.

Get your student insurance now

Start from €0.53/day, free cancellation any time.

Remember, countries and universities may have specific insurance requirements. To learn more about how student insurance work at Barcelona School of Economics and/or in Spain, please visit Student Insurance Portal.

Other requirements

General requirements

  • An undergraduate/bachelor/grado/laurea, or equivalent degree from an accredited college or university (for Bologna degrees, a minimum of 180 ECTS are required).
    • A typical applicant would hold a University Diploma in Economics, Finance, Engineering, Mathematics, Statistics or Business Administration. See our Student Profile for more detailed information.
    Not required but highly recommended:
    • GRE General Test

      Candidates will also be evaluated on the following admission criteria:

    • Outstanding academic record
    • Quantitative skills
    • Reference letters

Tuition Fee

To alway see correct tuition fees
  • International

    16500 EUR/full
    Tuition Fee
    Based on the tuition of 16500 EUR for the full programme during 9 months.
  • EU/EEA

    16500 EUR/full
    Tuition Fee
    Based on the tuition of 16500 EUR for the full programme during 9 months.

Living costs for Barcelona

770 - 1360 EUR /month
Living costs

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

Funding

Types of financial aid that may be offered to students include:

  • Waivers for 100%, 75%, 50% and 25% of tuition fees
  • A limited number of fully-funded scholarships

Financial aid will only be awarded to candidates who have an outstanding academic record. While applications are open every year until June 25, preference in funding will be given to candidates with completed applications who apply before January 15. 

Studyportals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.

Our partners

Financial Economics
-
Barcelona School of Economics

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