MRes/PhD Finance & Economics

Programme structure

Jointly run with the Department of Economics, our MRes/PhD Finance & Economics programme will provide you with a thorough understanding of state of the art research techniques and in-depth appreciation of principal areas of interest for researchers in finance and economics. If you choose our Finance & Economics programme, you will initially be registered for an MRes. There is a compulsory taught part of the MRes programme, and you will be required to pass compulsory taught modules in your first and second years. Following the taught modules, you will be required to submit a dissertation and attend and pass an upgrade panel in order to be upgraded to the
degree of PhD.

This programme is linked to the well-established MRes Economics led by the Department of Economics, one of the University of Warwick’s top departments. The economic modules on the course in Year 1 will be co-delivered by academic staff from the Department of Economics, alongside students from the MRes Economics programme.

Our MRes/PhD Finance & Economics programme aims to equip you with professional training in modern finance and economics; as well as knowledge, this includes tools and techniques of analysis, and opportunities to apply this in extended research.

Modules

You will study four compulsory modules in Year 1, and five compulsory modules plus a dissertation in Year 2. You will then continue on to our PhD Finance programme, and complete your doctoral thesis.

 

The overall course structure is two + four years (MRes/PhD).

Advanced Microeconomic Theory*

This module aims to develop the skills in, and knowledge of, microeconomics necessary for a career as an academic economist and in all areas where advanced research skills in economics are required.

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Advanced Macroeconomic Analysis*

This module aims to develop the skills in, and knowledge of, macroeconomics necessary for a career as an academic economist.

Full details
Advanced Econometric Theory*

This module aims to develop the skills and knowledge of econometrics necessary for a career as an academic economist.

Full details
Practice of Financial Research

This module aims to provide you with a sound understanding of continuous-time finance and the econometric tools for conducting empirical research in Finance and Economics.

Full details

* These modules will be studied in the Department of Economics, with students on the MRes/PhD Economics programme.

Asset Pricing 1

This module aims to provide you with the fundamental knowledge of asset pricing theory and the tools required to evaluate and use asset pricing in real life situations.

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Asset Pricing 2

This second module of Asset Pricing aims to examine asset pricing focusing on the development of stylised facts and the tools required for the investigation of financial data.

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Corporate Finance 1

This module aims to provide you with an introduction to the theoretical foundations of corporate finance and to understand empirical implications and formulate empirical predictions of corporate finance models.

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Corporate Finance 2

This second module of corporate finance aims to enable you to be able to understand and critically reflect on key and recent innovative empirical research while preparing you to do research in empirical corporate finance.

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Financial Markets

This module aims to provide the training and tools required to conduct research in finance.

Full details
Dissertation

In the second year of your MRes, you will have the opportunity to demonstrate your ability to autonomously investigate and carry out novel research in your chosen area of finance.

Full details

Students must select four of these modules. The fifth module can be taken from this list, or chosen from electives run by the Department of Economics.

Teaching and assessment

Modules are assessed by written assignments, exams, and presentations which vary from module to module.

Your thesis

The main requirement for the award of your PhD is the successful completion of a thesis which makes a significant original contribution to knowledge. All students must submit their thesis within four years of the start of the PhD.

Learning facilities

As a first year MRes/PhD Finance & Economics student you will have your own desk in an open plan office. From your second year onwards you will have your own desk in a smaller office, enabling you to focus on your independent study whilst collaborating closely with your supervisor. You will be located in the WBS Teaching Centre, where there are modern kitchen facilities and a relaxing common area. Our excellent library and superb teaching and learning facilities provide the perfect place for you to commit to your studies and enable you to expand and deepen your knowledge in your chosen area of research. 

Library 
As a student, it goes without saying that you will spend a lot of time in the library. Our library is spread over five floors, houses 1.2 million printed volumes and 13 kilometres of archives. With over 30,000 electronic journals and more than 56,000 electronic books, the library offers a stimulating environment for you to study.  

Modern Records Centre 
The Modern Records Centre has a huge selection of archives with resources available for both students and academics.