入学要求Requirement：
学术要求：
We expect one of:
• a first- or upper second-class honours bachelor's degree from a United Kingdom university
• the equivalent from an overseas university
• a professional qualification which we judge to be at a comparable level.
Your degree will usually need to be in economics or have had a substantial economics component. You will need to have taken courses in basic micro- and macro-economic theory and achieved a good standard in mathematics and/or econometrics in your first degree. Competencies are required in calculus and statistics and you should have achieved a good standard in mathematics and/or econometrics in your first degree. It is unlikely that you will have sufficient formal training if your degree is in business administration, business studies, commerce or another similar area and your application is unlikely to be considered. You must be able to answer these sort of questions on joining the course.
Occasionally, excellent applicants who do not have all of the prerequisite academic training are given a conditional offer of a place on the course. In such instances, you will need to gain adequate marks in one or two of the summer school courses offered by the London School of Economics and Political Science. Our Course Director will specify the courses you must take. The summer school runs in July & August each year. For further information, please contact:
The ESS Administrative Office
Room N1
London School of Economics & Political Science
Houghton Street
London, WC2A 2AE, UK
t +44 (0)207 955 7554
e ESS@lse.ac.uk
f +44 (0)207 955 7674
These conditional offers are only made to applicants whose academic training is missing certain specific components. An offer would not be made available to you if your undergraduate degree had a substantial economics component, but you had not achieved the required standard.
GMAT®
Candidates with certain overseas degrees, some professional qualifications, or postgraduate diplomas, may be required to take the GMAT®, to show a well-balanced score above the 80 percent level. If you are asked to take the GMAT, please make an early application and arrange for your results to be sent directly to WBS.
英语要求：
If English is not your first language, you must demonstrate oral and written fluency in English. We accept:
• IELTS test score of at least 7
• TOEFL test score of at least 620 (paper-based), 260 (computer-based), or 105 (internet-based).
We will require your language certificates as evidence. Ideally your test should be less than two years old.
学费 Tuition Fee：The fee for 2011-2012 entry is £22,500
课程特征 Course Features：
This course is ideal for you if you have a strong economics background, are highly numerate, and want to learn to apply your knowledge specifically to finance to open up your career options. We will teach you to apply the most advanced tools in finance and economics, analyse problems in a rigorous and constructive fashion, and become confident in undertaking research in finance and economics on your own. The course is taught jointly by academics in WBS, and the Department of Economics. Practice is embedded in our study programme; WBS has been awarded CFA Program Partner status by CFA Institute.
Graduates from this course are in high demand and go on to jobs in the City and capital markets, in areas such as corporate finance, investment management, central banks, pensions, life assurance, and unit and investment trusts. Employers include Barclays, Bank of England, Central Bank, Deutsche Bank, HSBC, Accenture, Citibank, BNP Paribas, Ernst & Young, Goldman Sachs, KPMG, Merrill Lynch, Morgan Stanley, PwC, Reuters and UBS. Other alumni have gone on to study or teach at universities.
课程内容Course content：
Core modules
Most of what you learn is cutting edge. You leave not just with great research ideas, but also thinking of investment opportunities.
Midhat Syed, MSc Economics & Finance 2006 (now called MSc Finance & Economics)
Particular aspects of finance and economics are crucial to your expertise. You will study six core modules covering key material in finance, economics, and econometrics.
• Asset Pricing
• Corporate Finance
• Macroeconomics
• Microeconomics
• Econometrics
• Empirical Finance.
Asset Pricing
Core modules
This module introduces you to the fundamental techniques for valuing risky assets. A subsidiary aim is to equip you with some of the skills required to study the research literature in this area of financial economics.
By the end of this module you will be familiar with the basics of option pricing. You will also have a detailed knowledge of basic mean-variance analysis and models such as the CAPM and APT.
Topics covered include:
• Market efficiency
• Utility theory
• Valuation of contingent claims
• State preference theory
• Stochastic dominance
• Term structure of interest rates
• Portfolio theory
• Arbitrage pricing theory
• Capital asset pricing model
• Consumption-based asset pricing
• Inter-temporal models.
其他 Others
Career prospects
Targeting students at university is a tradition among big graduate recruiters. However, they still have 'target schools', universities where they particularly focus their effort. Included in this group are Oxford, Cambridge, Warwick...
Recruiters often run a number of events at 'target schools' including interview preparation classes and talks by senior bankers. These events are vital to potential candidates as they give them an idea of what to expect when interview day arrives.
The Guardian, writing about investment banking
Throughout the year we host employer evenings at WBS, open to all five of our finance courses. Having researched the companies, and presented themselves well, many of our students have been recruited from these events. Recent years have seen visits by CommerzBank, JPMorgan, and Barclays Capital.
We encourage you to use the facilities and expertise of the University of Warwick Careers Centre. Take advantage of their expertise and services including workshops, employer liaison, vacancy searches, information provision, and advice.
Our course also has Program Partner status from CFA Institute, which certifies our curriculum is closely tied to professional practice. On completing our course, our graduates go on to work for a wide range of financial organisations both domestically and internationally.
The list below is just a sample of what our graduates are up to all over the world.
• Analyst: Bank of Scotland, BlackRock, Rothschild
• Assistant Professor: McGill University
• Assistant Vice President: Credit Suisse
• Audit Director, Western Europe: Barclays
• Consultant: Avantage Capita, Boston Consulting Group, Watson Wyatt
• Economist: Bank of Botswana, Central Bank of Cyprus, Central Bank of Malta
• Executive Director: Morgan Stanley
• Senior Director: A.P. Moller, Maersk
• Vice President Corporate Banking: Citibank International plc