Western University - Master of financial economics

https://economics.uwo.ca/mfe/index.html

Western University Master of Financial Economics - Western University

 

Key takeaways

• 16-month program
• tuition fee $84,000 in total
• economics focused

 

Program

16-month, course-based

deadline: January

 

Fees

Tuition is paid in four installments:

Fall 2023	$19,533
Winter 2024*	$19,533
Summer 2024 (internship term)*	$19,533
Fall 2024*	$19,533
Ancillary Fees**	$1,416
TOTAL	$83,796

 

Prerequisites/requirements

• transcripts & academic records
• proficiency in English scores
• GRE
• Resume/CV
• application fee - $150

 

course history details

In addition to academic records, the Admissions Committee requests more detail on your quantitative course background. A list of the courses you have taken in Economics, Finance, Mathematics and Statistics is required. For second and upper year courses, please provide the title and author(s) of the main text used.

 

academic references

Two references are required; at least one must be an academic reference

 

supplementary questions

1. Briefly explain how your education background provides you with the foundation required for MFE coursework (100 words)
2. Briefly outline any relevant work experience in the financial industry and why it has motivated you to pursue an MFE degree (150 words)
3. As a professional program, the primary objective of the Western MFE is to prepare our graduates for career in the financial industry. Please provide a brief outline of your short (i.e. first 3-5 years after graduating) and longer term career goals in the financial sector, as well as why the Western MFE would aid you in accomplishing these objectives. (300 words)
4. Briefly describe any extracurricular or volunteer experiences in which you had the opportunity to exercise leadership skills. (100 words)
5. Please summarize why you are a strong candidate for the Western MFE program (i.e. tell us what are your key strengths that will help you succeed both in our program and after graduation). (300 words)

 

Curriculum

Refresher week (before term I - late august)

• Mathematics
• Statistics
• Intermediate Macroeconomics
• Intermediate Microeconomics
• Corporate Finance
• Accounting
• Computer programs (Matlab, R, Excel)
• Professional Development

 

Term I (September-December)

• microeconomics theory for finance
• financial economics
• financial econometrics
• financial options
• one elective if completing FM9578 in Term IV
• professional development courses

 

Term II (January-April)

• banking analytics
• macroeconomic theory for finance
• corporate finance
• one elective
• professional development courses

 

Term III (May-August)

• summer internship

 

Term IV (September-December)

• Securities regulation
• Empirical asset pricing
• two electives

 

Recommended electives

• Economics of Derivatives (ECON9530/9630)
• Applied Financial Econometrics (ECON9547)
• Cash Flow Analysis & Investments (ECON9545)
• Financial Innovation and Crises in Historical Perspective (ECON9538)
• Financial Risk Management (ECON9587)
• Financial Modeling II (FM9521)
• Portfolio Management (ECON9523)

 

Additional elective option

Students are welcome to enroll in courses offered by other faculties including the Department of Statistical and Actuarial Sciences and Ivey Business School. Enrollment is on special permission basis subject to students having the required background and course availability.

 

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