Key information
The MA (Hons) Economics and Finance programme at Heriot-Watt University will give you the skills to investigate, analyse and answer global economic questions, as well as a specialist understanding of financial theories and practice.
- UCAS code
- LN13
- Level
- Undergraduate
- Delivery type
- Full Time
- Degree qualification
- MA
- Mode of delivery
- On-Campus
- Duration
- 4 years
- Location
- Edinburgh
- Start date
- September
Our joint degree does not require prior knowledge of the core disciplines of economics and finance – study begins at an introductory level and the degree has a flexible structure to enable you to tailor your studies to pursue your own career interests.
Your learning will be underpinned by the knowledge of highly respected economists who design and teach our courses with a real-world focus that stems directly from their global research into economic issues.
Finance courses are taught by academics and experienced practitioners, and you will have the opportunity to make use of the university’s state-of-the-art Bloomberg Finance Lab to gain employable, practical finance skills.
Throughout your studies, you’ll have opportunities to develop scholarship skills, undertake professional and employability development, and engage in reflective learning. The MA (Hons) Economics and Finance degree will equip you with a wide range of quantitative, analytical and communication skills to prepare you for career paths in business, management, marketing, banking, finance, policy analysis, civil service, academia and more.
Your student experience
Our programmes are informed by an Industry Advisory Board of business leaders who ensure our curriculum matches the needs of global employers.
The Edinburgh Business School approach ensures that an industry focus is built into every part of this degree so that your studies reflect the current thinking and practices of successful organisations and their leaders.
The industry experience and research expertise of our staff bring your teaching and learning to life with case study-driven assignments and applied group projects, complemented by guest lectures from industry leaders, CEOs and directors of national and multinational organisations.
Go Global
There are currently no Go Global opportunities for this particular programme. However, other Go Global opportunities may be available. Please contact studywithus@hw.ac.uk for more information.
Course content
September Intake - Edinburgh
Year 1
Mandatory September
- The Economy
- Critical Academic Skills
- Management in a Global Context
- Introduction to Accounting
Mandatory January
- Introduction to Economic and Financial Analysis
- Sustainable Business
- Becoming a Professional
- Introductory Finance
Year 2
Mandatory September
- Intermediate Economics 1: Theory and Techniques
- Introduction to Data Analysis and Probability
- Fundamentals of Finance
Mandatory January
- Statistical Techniques
- Intermediate Economics 2
- Financial Markets Theory
Optional September
- Personal Finance and Investment Ethics
- Social and Environmental Accounting
Optional January
- Contemporary Economic Policy and Institutions
- Financial Accounting
- Management Accounting in Organisations
Year 3
Mandatory September
- Advanced Economics 1
- Introductory Econometrics
Optional September
- Introduction to Public Choice and Welfare Economics
- Introduction to Commercial Law
- Mergers and Acquisitions
- Fundamentals of Financial Technology
- Corporate Financial Theory
- Intermediate Financial Accounting
Mandatory January
- Games and Behaviour
- Econometrics Project
Optional January
- Contextualising the World Economy
- Marketing and Consumer Law
- Applied Financial Modelling in Python
- Managing Corporate Value
- Taxation (Tax Law)
- Auditing and Assurance
- Financial Derivatives
Year 4
Mandatory September
- Advanced Economic Policy 1
Optional September
- Economics Dissertation 1
- Environmental and Natural Resource Economics
- Empirical Industrial Organisation
- International Entrepreneurship
- Managerial Accounting: Decision Making
- International Bond and Currency Markets
- Accounting and Finance Dissertation 1
- Agency Theory and Corporate Governance
- Risk Management and Derivatives Applications
Mandatory January
- Advanced Economic Policy 2
- Equity Markets and Fund Management
- Contemporary Issues in Finance
Optional January
- Economics Dissertation 2
- Development Economics
- Labour Economics
- Advanced Valuation of Financial Markets
- Theory and reporting in Accounting
- Contemporary Issues in Accounting
- Accounting and Finance Dissertation 2
- Banking
Fees and funding
| Status | Fee |
|---|---|
| Scotland | Paid by SAAS |
| England / Wales / N Ireland / Rep of Ireland | £9,535 |
| International | £20,536 |
- Status: Your residency status is usually defined as the country where you have been ordinarily resident for the three years before the start of your course.
- International: 'International' includes applicants from European Union countries who do not hold Pre-Settled or Settled status in UK. (This does not include students from the Republic of Ireland - see above).
Scholarships and bursaries
Bursaries for students from England, Northern Ireland or Wales
In addition to government loans and grants towards the costs of fees and living costs, we are offering generous financial support to attract and support eligible undergraduate students from England, Northern Ireland or Wales:
- Heriot-Watt University Bursary (up to £3,100 per year)
Entry requirements
We have standard entry requirements for all of our courses that you will have to meet.
Year 1
Standard entry requirements
- Highers AABB (over two sittings)
- A-Levels BBC - ABB
- International Baccalaureate 29 points
- BTEC Extended Diploma DMM
- HNC B in graded unit
- HND BB
Please check that you meet our University-wide National 5/GCSE (or equivalent) English and Maths requirements.
Minimum entry requirements *
- Highers BBBC (over two sittings)
- A-Levels BCC
- International Baccalaureate 29 points
- BTEC Extended Diploma MMM
- HNC B in graded unit
- HND BC / CB
* Minimum: under our Fair Access Policy, we will relax our standard entry requirements for some Scottish and Rest of UK status students depending on their circumstances. Our minimum requirements will apply if you:
- live in an area within the Scottish Index of Multiple Deprivation lowest 20% (SIMD20) or POLAR4 Quintile 1 regions (RUK)
- or are care experienced.
We can also make exceptions for some Scottish students with grades above minimum but below standard. Read more about our Minimum and standard entry requirements.
Year 2
- Advanced Highers BB. Must include one of Accounting, Business, Economics or Maths, plus AABB at Higher. For applicants without Advanced Higher Maths a minimum of Higher Maths at B is required.
- A-Levels ABB. Must include one of Accountancy, Business, Economics or Maths. For applicants without A-Level Maths, a minimum of AS Level Maths at C is required.
- International Baccalaureate 34 points. Must include Higher Level 5 in Business Management and Higher Level 5 in one of Maths or Economics.
- BTEC Extended Diploma DDM in Business / Economics relevant subject and must include Maths.
- HNC is not available for Year 2 entry.
- HND Business BB in graded units or HND Accountancy BBB in graded units.
- Global College Successful completion of our Business with Accelerator Programme.
Additional information
- For all years, applications are welcomed from holders of non-school qualifications, mature candidates and overseas students.
- If you do not see your qualifications here please contact us at studywithus@hw.ac.uk
- HND or BTECs in other business relevant subjects may be considered for advanced entry to Year 2 on a case-by-case basis and may require specific units to have been studied.
- For applicants studying HNC, HND or BTEC qualifications, when submitting your application please ensure you list in full all the units you are currently studying, as specific units (e.g. in Maths) may be required.
English language requirements
If your first language is not English, we'll need to see evidence of your English language ability.
The minimum English language requirement for entry to this programme is IELTS 6.0 (or equivalent) with no score lower than 5.5.
If you do not have IELTS 6.0, we offer a range of English language courses to help you meet the English language requirement for this programme prior to commencing your studies.
Please see our detailed English language requirements.
Why Heriot-Watt
We're the top university in Scotland for graduate outcomes which means that more of our graduates are employed or in postgraduate education than any other institution in the country and we ranked 5th in the UK.
We're also rated number one in the UK for CEO or MD roles, meaning more of our graduates go on to become CEOs or MDs than any other university in the whole of the UK. On top of that, we have beautiful campuses, across the globe, so you'll get a truly international education. Our Edinburgh Campus is home to Oriam, Scotland's National Sports Performance Centre combined with plenty of wellbeing resources, prioritising fitness and mental health for all students. Our Global Research Institutes look at solving real world issues such as climate change and saving our oceans as well as working on the next medical technological breakthrough and the future of AI and robots.
Employability
Work and study
Salary
Potential career paths
- Finance professionals
- Business and public service associate professionals
Student life
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