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) |