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Oxford MSc Financial economics Review


9 minutes

Table of Contents

    Introduction

    The Oxford MSc Financial economics is a comprehensive and intensive nine-month program. Jointly offered by the esteemed Saïd Business School and the Department of Economics, this program is specifically tailored for individuals who aspire to a high-level career in the field of financial economics. 

    A significant feature of the Oxford MSc in Financial Economics is its robust academic framework. The program covers a wide range of essential topics, including corporate finance, asset pricing, financial econometrics, and macroeconomics. This diverse coursework ensures that graduates have a well-rounded grasp of the various aspects of financial economics.

    The faculty, comprising world-renowned scholars and practitioners, plays a pivotal role in delivering an education of the highest caliber. Their expertise ensures that students are exposed to the latest developments and research in financial economics.

    Tuition Fees   £55,630
    Program Length 9 months
    Program deadline Round 1 - Friday 27 October 2023
    Round 2 - Friday 5 January 2024
    Round 3 - Wednesday 6 March 2024
    Application Fees £100

    Oxford MSc Financial economics Class Profile

    The Oxford MSc Financial Economics profile that is as diverse as it is impressive, drawing talented students from across the globe. This class profile is characterized by a rich tapestry of educational and professional backgrounds, ranging from economics and engineering to mathematics and business.

    The program attracts individuals with an average of 2-3 years of professional experience, although some students may have more. Students come from a variety of industries, including finance, consulting, technology, and government. 

    Average GMAT 742
    Average GRE 165
    Average work experience 1.2 years
    Average age 22 Years
    Pre-MBA industry
    MBA2025
    Finance 
    Consulting 
    Class size
    MBA 2025
    97
    Women
    MBA 2025
    47%
    Country Represented
    MBA 2025
    27 Countries 


    Oxford MFin Ranking 

    The Oxford Master of Finance (MFin) program consistently ranks among the top financial programs globally, reflecting its academic excellence, faculty expertise, and career outcomes for graduates. Here's an overview of the factors contributing to the Oxford MFin's strong rankings:

    QS Top University Business Masters - Masters in Finance 2024 1
    FT European Business School Ranking  14
    QS Top University World University  3

    Eligibility & Requirements for Oxford MFin

    oxford msc financial economics

    To be eligible for the Master of Finance (MFin) program at the University of Oxford, candidates must meet specific criteria and fulfill certain requirements. The Oxford MFin program is highly competitive and attracts applicants from diverse academic and professional backgrounds. Here's an overview of the eligibility criteria and requirements:

    It is important to note that meeting the minimum MFin eligibility requirements for Oxford MFin does not guarantee admission to the program, as admission is highly competitive and based on a holistic review of the application.

    Application Components 

    The application process for the Oxford Master of Finance (MFin) program is comprehensive and requires candidates to submit several key components to be considered for admission. Here's an overview of the essential application components for the Oxford MFin program:

    Requirements Details
    Undergraduate Degree  You should have, or expect to get, a top-notch undergraduate degree with honors.
    GMAT/GRE - Mean GMAT score stood at 742,
    - GRE quantitative score was 170,
    - GRE verbal average was 165.
    Refrences  - Two academic or professional references should be provided through the online application portal.
    Test Score  - TOEFL Minimum Score: 110
    - IELTS Minimum Score: 7.5
    - CAE Minimum Score: 191 

    Program & Curriculum of Oxford MFin

    oxford msc financial economics

    Jointly delivered by Saïd Business School finance faculty and the Oxford University Department of Economics, this 9-month learning experience combines the expertise of two world-class departments and is enriched by input from leading international financial recruiters.

    As practical as it is academically rigorous, the Oxford MSc Financial Core modules and electices provides an international insight and understanding, the knowledge of finance applications and the real-world skills and tools that leading institutions and companies demand across a breadth of industries. Thus, making Oxford MFE a really popular degree.

    Electives

    The Oxford MSc in Financial Economics provides students with a unique opportunity to tailor their academic experience through a diverse range of elective courses.

    Advanced econometrics This course offers a deep dive into both the theory and practical methods of econometrics.
    Continuous time finance Learn about stochastic calculus and its critical role in pricing and hedging financial contracts like equity options and interest rate derivatives.
    Corporate valuation Focusing on critical areas like mergers and acquisitions, private equity, and project financing.
    Diversity, inclusion and finance Delve into real-world debates and understand the impact of gender, race, age, and skill diversity in the workplace. 
    Financial crises and risk management It also equips students with practical risk management strategies and tools.
    Financial markets trading  In this course, you'll gain expertise in managing risk and investor relations, while also developing a deep understanding of market dynamics and the various players involved.
    Fixed income and derivatives You will develop the analytical tools, based on the theories from the core finance courses, to understand and price fixed income financial instruments and derivatives.
    Fundamental analysis for active investing
    This course is designed to offer a solid foundation in financial statement analysis, focusing on the practical aspects of fundamental analysis for active investing.

    For better information of Curriculum, refer Oxford Core Courses and Electives.

    Fees, Financing and Scholarships at Oxford MFin 

    Should your application be approved, you'll need to submit a deposit towards your Masters in Finance cost as part of your offer conditions. This deposit amount is £8,350 and must be paid within 30 days from the date of your initial offer letter.

    Full payment of tuition fees is required before the program commences in September.

    Tution Fees £55,630
    Living Cost  £1,345 and £1,955 per month

    Scholarships for Oxford MFin Applicants

    The Master of Finance program at Oxford University is renowned for its academic excellence and global reputation. As an aspiring MFin applicant, you may be interested in exploring scholarship opportunities to support your studies and enhance your educational journey.

    Scholarships  Value  Eligibility 
    Oxford Saïd-HEC Montréal Scholarship Up to £53,000 Anyone Applying for MSc in Financial Economics can apply
    Rewley Scholarship £10,000 Anyone Applying for MSc in Financial Economics can apply

    Employment Upon Graduation 

    oxford msc financial economics

    Upon completing the Master of Finance (MFin) program at Oxford University, graduates often experience promising prospects for Masters in Finance Jobs in the finance industry. The MFE Employment Report highlights the strong career outcomes for Oxford MFin alumni, showcasing a high percentage of graduates securing positions in prestigious firms and organizations globally.

    Average salary £63,251
    Offer accepted upon six months of graduation 93%
    Increase in mean finance salaries 14.5%
    Reporting rate 93%
    Post-program job locations 32% Asia
    2% Australia and Oceania
    2% Central America and the Caribbean
    12% Europe
    3% North America
    49% United Kingdom
    Post MBA industries
    MBA2022
    79% Finance
    16% Consulting
    5% Other

    Oxford MFin Application: Essays & Interview

     The application process for the Oxford Master of Finance (MFin) program involves essays and interviews, crucial components that allow applicants to demonstrate their qualifications, experiences, and suitability for the program. Here's an overview of what to expect and how to approach the essays and interview for the Oxford MFin application:

    Essays 

    The essay typically focuses on your academic and professional background, career goals, and why you are interested in pursuing the MFin program at Oxford. This is your opportunity to showcase your passion for finance, relevant experiences, and how the program aligns with your aspirations.

    Essay 1 

    Describe a recent innovation in finance and explain its potential impact on the industry. Discuss the opportunities and challenges associated with this innovation and how it may affect financial institutions and their clients.

    Essay 2 

    What has attracted you to the MSc Financial Economics and how do you think the programme will support your five-year career plan?' (Maximum of 500 words.)

    Interview Questions 

    The Oxford MSc Finance (Master of Finance) program is highly selective and competitive, and the interview process is an important part of the admissions process. Here are some possible interview questions that may be asked:

    • Why did you choose the Oxford MFin program, and how do you think it aligns with your career goals?
    • Can you walk me through your resume and highlight your relevant experiences, skills, and achievements?
    • What do you consider to be your strengths and weaknesses, and how do you plan to leverage or address them in the program?
    • Can you discuss a current financial event or trend that interests you, and why?
    • How do you approach problem-solving, and can you give me an example of a challenging problem you faced and how you resolved it?
    • What do you think sets you apart from other candidates, and how do you plan to contribute to the Oxford community?
    • Can you discuss a time when you worked effectively in a team, and what role you played in achieving success?
    • What do you think are the biggest challenges facing the finance industry today, and how do you plan to address them in your career?
    • How do you stay current with developments in finance, and what resources do you rely on?
    • Is there anything else you would like to share with the admissions committee that we haven't covered in the interview or your application materials?

    Who Attends Oxford MFin Program 

    • A global network of connections
    • A diverse community of students
    • Varied career pathways
    • Leading thinkers in the field
    • A challenging academic curriculum

    Why Oxford in Unique? 

    oxford msc financial economics

    Is MFin worth it? The MSc Finance program at Oxford University's Saïd Business School offers a range of unique features that distinguish it from other finance programs. Here are some of the key features of Oxford MSc Finance:

    • World-renowned faculty: The program is taught by a team of world-class faculty members who are experts in their fields and have extensive industry experience.
      Flexible curriculum: The program offers a flexible curriculum that allows students to customize their course of study based on their interests and career goals.
    • Emphasis on practical skills: The program focuses on developing practical skills that are highly valued by employers, including financial modeling, data analysis, and quantitative research methods.
    • Strong industry connections: The program has strong links with leading financial institutions and firms, which provide students with networking opportunities, internships, and career placement assistance.
    • Global perspective: The program attracts a diverse cohort of students from all over the world, which helps to foster a global perspective and an understanding of different financial markets and systems.
    • Entrepreneurial focus: The program offers opportunities for students to explore entrepreneurship and innovation in finance through initiatives such as the Oxford Seed Fund and the Oxford Finance Lab.

    Overall, the MSc Finance program at Oxford University's Saïd Business School is highly regarded for its academic rigor, practical focus, and global perspective, making it a top choice for students seeking to advance their careers in finance.

    Useful Links 

    Eligibility  Application Requirement
    Employment Stats Oxford MFin Employment Report 
    Oxford Alumni  Famous Oxonians 
    Experience  Colleges Experience 
    Contact  Oxford MFin program 
    oxfordmba@sbs.ox.ac.uk
    +44(0)1865 288805,

    Conclusion

    The Oxford MSc Financial economics, offered by the Saïd Business School at the University of Oxford, stands out as one of the best MFin colleges in the UK. This one-year, full-time master's degree program is meticulously designed to immerse students in the core principles of finance, while also honing their analytical and quantitative skills essential for a successful career in the finance industry.

    Know Your Author
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    Abhyank Srinet
    Study Abroad Expert
    Abhyank Srinet, the founder of MiM-Essay.com, is a globally recognized expert in study abroad and admission consulting.His passion lies in helping students navigate the complex world of admissions and achieve their academic dreams. Having earned a Master's degree in Management from ESCP Europe, Abhyank's expertise in data-driven marketing strategies has driven growth for some of the most competitive industries. As the founder of MiM-Essay.com, he has helped thousands of students get into top business schools with a strong emphasis on research, shortlisting, and applying to schools from a single platform. His dedication to education has also led him to create MentR-Me, a free-to-use social platform that simplifies the study abroad process for students, while providing universities with a powerful recruitment tool. As a leader in the field of admission consulting, he is constantly researching and implementing the latest strategies to ensure that his clients receive the best possible guidance. He leads the Business Development and Digital Marketing side of both companies, and has grown both ventures to 7 figure revenue.His unique insights, experience, and dedication to his clients make him a valuable resource for anyone seeking to advance their education or career.
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