CURRICULUM

The medium of instruction in the MSc Program in Financial Economics is English. The program has both non-thesis and thesis tracks. Those who are in non-thesis track must take six compulsory and four elective courses, and do a term project to able to graduate. In thesis track, students are required to take four compulsory courses and three elective courses, complete a seminar course, and write a Master’s thesis.

Students who do not have an adequate background in economics, business, statistics or econometrics are required to take up to three non-credit preparatory courses. These courses are designed specifically for the Master’s program, and are taught during the evening hours like the regular program courses. Students will be notified during the admission interview which course(s) they should take.

Preparatory Courses

Course Code

Course Title

  Credit

ECTS

ECON 103

Fundamentals of Economics

3 0 3

5

ECON 315

Statistics and Econometrics

3 0 3

5

MAN 123

Fundamentals of Business

3 0 3

5

Note: ECON 103 and MAN 123 are Distance Education courses.

 

 

NON-THESIS PROGRAM

(Six compulsory, four elective courses, and a term project.)

Compulsory Courses for the Non-Thesis Program

Course Code

Course Title

Credit

ECTS

ECON 501

Microeconomics             

(3 0 3)

(7.5)

ECON 502

Financial Economics

(3 0 3)

(7.5)

ECON 503

Macroeconomics    

(3 0 3)

(7.5)

ECON 505

Financial Econometrics  

(3 0 3)

(7.5)

MAN 513

Financial Management

(3 0 3)

(7.5)

MAN 522

Financial Markets and Institutions

(3 0 3)

(7.5)

ECON 592

Project

Non-credit

(15)

 

Elective Courses for the Non-Thesis Program

Course Code

Course Title

Credit

ECTS

ECON 504

Investment Analysis and Portfolio Management

(3 0 3)

(7.5)

ECON 506

Money and Banking    

(3 0 3)

(7.5)

ECON 507

Risk Analysis and Management

(3 0 3)

(7.5)

ECON 508

Financial Derivatives 

(3 0 3)

(7.5)

ECON 509

International Financial Management

(3 0 3)

(7.5)

ECON 510

Macroeconomic and Financial Forecasting

(3 0 3)

(7.5)

ECON 512

Economic Crises

(3 0 3)

(7.5)

IE 502

Stochastic Processes

(3 0 3)

(7.5)

IE 512

Decision Analysis

(3 0 3)

(7.5)

IE 550

Probability Theory and Statistics for Industrial Engineers

(3 0 3)

(7.5)

INTT 508

International Commercial and Financial Institutions 

(3 0 3)

(7.5)

INTT 509

Competition Law and Anti-trust Applications

(3 0 3)

(7.5)

INTT 515

International Banking

(3 0 3)

(7.5)

INTT 516

Risk Management in International Financial Transactions

(3 0 3)

(7.5)

MAN 519

Quantitative Analyses for Business Decisions

(3 0 3)

(7.5)

MAN 530

Project Development and Management

(3 0 3)

(7.5)

 

THESIS PROGRAM

(Four compulsory, three elective courses, a seminar course, and a Master’s Thesis.)

Compulsory Courses for the Thesis Program

Course Code

Course Title

Credit

ECTS

ECON 501

Microeconomics             

(3 0 3)

(7.5)

ECON 502

Financial Economics

(3 0 3)

(7.5)

ECON 505

Financial Econometrics  

(3 0 3)

(7.5)

MAN 513

Financial Management

(3 0 3)

(7.5)

ECON 590

Seminar

Non-credit

(15)

 

Students who are writing their thesis (after their third semester) must register for the following courses:

Course Code

Course Title

Credit

ECTS

ECON 591

Special Studies 

Non-credit

(7.5)

ECON 599

Thesis

Non-credit

(22.5)

 

Elective Courses for the Thesis Program

Course Code

Course Title

Credit

ECTS

ECON 503

Macroeconomics    

(3 0 3)

(7.5)

ECON 504

Investment Analysis and Portfolio Management

(3 0 3)

(7.5)

ECON 506

Money and Banking    

(3 0 3)

(7.5)

ECON 507

Risk Analysis and Management

(3 0 3)

(7.5)

ECON 508

Financial Derivatives 

(3 0 3)

(7.5)

ECON 509

International Financial Management

(3 0 3)

(7.5)

ECON 510

Macroeconomic and Financial Forecasting

(3 0 3)

(7.5)

ECON 512

Economic Crises

(3 0 3)

(7.5)

IE 502

Stochastic Processes

(3 0 3)

(7.5)

IE 512

Decision Analysis

(3 0 3)

(7.5)

IE 550

Probability Theory and Statistics for Industrial Engineers

(3 0 3)

(7.5)

INTT 508

International Commercial and Financial Institutions 

(3 0 3)

(7.5)

INTT 509

Competition Law and Anti-trust Applications

(3 0 3)

(7.5)

INTT 515

International Banking

(3 0 3)

(7.5)

INTT 516

Risk Management in International Financial Transactions

(3 0 3)

(7.5)

MAN 519

Quantitative Analyses for Business Decisions

(3 0 3)

(7.5)

MAN 522

Financial Markets and Institutions

(3 0 3)

(7.5)

MAN 530

Project Development and Management

(3 0 3)

(7.5)