Financial Economics

Do you take an interest in the latest news on stock markets, derivatives, interest rates, inflation, exchange rates and real-estate trends? Financial Economics allows you to put this knowledge to good use in the business world. The programme uniquely combines financial, economic and quantitative expertise, making it great preparation for a career in investment banking, management or the finance industry in general. Taught in English, you have the choice between three specialisations: Asset Pricing, Banking and Financial Analysis. With plenty of input from the professional world, the programme is taught over the course of one year.

Instruction modes

case study, internship, project, computer exercise, self evaluation, computer modeling, lecture, self study, literature study, seminar, research, tutorial, research project, working group, group assignment, oral presentation, group discussion, individual assignment

Accreditation: AACSB, AMBA, EQUIS, NVAO

Erasmus Mundus program: This is an Erasmus Mundus program.

The Master’s in Financial Economics at Maastricht University offers an in-depth understanding of the financial sector, focusing on the economic principles that underpin financial markets and institutions. The programme is designed for students who are interested in acquiring advanced skills in financial analysis, economic modeling, and risk management, preparing them for careers in banking, investment, consulting, and financial regulation. Throughout the programme, students engage with core topics such as financial markets, corporate finance, econometrics, and quantitative methods, enabling them to critically analyze financial data and develop innovative solutions to complex economic issues.

The curriculum balances theoretical foundations with practical applications, providing a comprehensive understanding of how financial systems operate within the broader economic environment. Students will explore the functioning of financial institutions, the behavior of financial markets, and the strategic decision-making processes of firms and investors. Special attention is given to the dynamics of asset pricing, derivatives, and portfolio management, equipping graduates with analytical tools necessary for investment decision-making and financial planning.

In addition to core courses, students have the opportunity to specialize through electives in areas such as banking and risk management, sustainable finance, or financial regulation. The programme emphasizes the development of quantitative skills, including statistical analysis and econometric techniques, which are essential for empirical research and data-driven decision-making in finance.

The teaching methodology combines lectures, case studies, group projects, and interactive seminars, fostering an engaging learning environment that encourages collaboration and critical thinking. Maastricht University’s Problem-Based Learning (PBL) approach enables students to actively participate in solving real-world financial problems, enhancing their problem-solving abilities and preparing them for practical challenges in the financial industry.

Students in the programme also benefit from Maastricht University’s strong connections with the financial sector, including guest lectures, internships, and network events. These opportunities allow students to gain practical experience, build professional networks, and gain insights into current trends and challenges in finance. The programme culminates in a research project or thesis, where students apply their knowledge to real-world financial issues, demonstrating their ability to conduct independent analysis and contribute to the field.

Graduates of the MSc in Financial Economics are well-prepared for employment in various sectors, including financial institutions, consulting firms, regulatory agencies, and multinational corporations. They possess a solid foundation in both economic theory and quantitative methods, making them competitive candidates in the global job market. With its interdisciplinary approach and focus on practical skills, the programme aims to develop highly capable financial economists who can contribute to sustainable economic growth and sound financial decision-making.

Overall, the MSc in Financial Economics at Maastricht University offers an academically rigorous and professionally relevant education that combines economic theory, financial practice, and analytical skills to prepare students for successful careers in finance and related fields.

Admission requirements

GMAT or GRE for non-UM students

Other requirements

1. erkende verworven competenties (EVC’s) GMAT or GRE for non-UM students
2. gemiddeld cijfer GPA - grade point average
3. taaltoets cijfer TOEFL/IELTS for NON-EU students & non-native english speakers
4. vooropleiding (ISPAC: vereiste vooropleiding) Bachelor in econometrics, economics, operations research
5. schriftelijk verzoek A letter describing your motivation for studying MSc Financial Economics at Maastricht University's Faculty of Economics and Business Administration

The MSc in Financial Economics at Maastricht University offers a comprehensive curriculum designed to prepare students for a career in finance and economics. Tuition fees for the program vary depending on the student's nationality. For international students, the tuition fee is approximately €17,500 per year, while for European Union (EU) students, it is approximately €2,168 per year. These fees cover instruction, access to university facilities, and academic resources. Additional costs may include books, living expenses, health insurance, and personal expenses, which should be considered when planning financially for the program. Maastricht University provides various scholarship opportunities for international students, including the Maastricht University Scholarship and other dedicated financial aid options, which can significantly reduce the financial burden. Students are encouraged to explore external funding sources, such as government loans, private scholarships, and other financial aid programs available in their home countries. The university offers part-time jobs and internships that can help students fund their studies, and the relatively short, one-year duration of the master's program allows students to enter the workforce sooner. Financial planning should also consider the cost of accommodation in Maastricht, which can vary depending on the housing type and location. Maastricht University provides guidance and support through its student financial aid office to help students navigate their funding options. Overall, the program's financing options are designed to accommodate both domestic and international students, ensuring access to quality education in Financial Economics.

Financial Economics at Maastricht University offers a comprehensive master’s program designed to equip students with the analytical and quantitative skills necessary to understand and analyze financial markets and economic systems. The program blends theoretical knowledge with practical applications, preparing graduates for careers in banking, investment, financial consultancy, risk management, and economic policy analysis. Students will explore key topics such as financial markets and institutions, corporate finance, financial derivatives, risk management, macroeconomic and microeconomic theory, and econometrics. The curriculum emphasizes a problem-solving approach, encouraging students to apply their knowledge to real-world financial issues through case studies, simulations, and project work.

The program employs a highly interactive, student-centered teaching style, with small class sizes aimed at fostering close collaboration between students and faculty. Maastricht University’s innovative Problem-Based Learning (PBL) methodology promotes active learning and critical thinking skills, making complex financial concepts accessible and engaging. Students also benefit from guest lectures, workshops, and networking events with industry professionals, providing valuable insights into current financial trends and practices. The program typically offers opportunities for internships or industry projects, allowing students to gain practical experience and build professional networks.

Graduates of the Financial Economics program are well-prepared for a wide range of roles in the financial sector, including financial analyst, risk manager, investment analyst, and economic advisor. They also have strong analytical capabilities suited for careers in consultancy or public financial management. The program's interdisciplinary approach, combining economics, finance, and quantitative methods, ensures graduates are versatile and competitive in the global job market. Maastricht’s international environment attracts diverse students and faculty, fostering a global perspective on financial issues. The program is conducted primarily in English, accommodating international students and preparing them for careers worldwide. Overall, the MSc in Financial Economics at Maastricht University offers an immersive, rigorous education that combines theory, practice, and critical thinking skills necessary for success in today’s complex financial world.