Program Overview

Financial economics

Financial economics is a master's program that emphasizes the interaction between financial studies and economics on a practical basis. The program has 120 credits and is set up as a full-time program for two years.

MS 120 credits

In the master's program in financial economics, emphasis is placed on the interaction between financial studies and economics on a profitable basis. It is recommended that students have a good foundation in mathematics and statistics and can adopt quantitative methods in finance as well as technical economic analysis.

Apply for study

The program is especially intended for students who have a strong foundation in mathematics and statistics from their BS/BA studies. Knowledge of economics is not a prerequisite for admission. However, students who have not completed at least two courses in general economics (economics) and two courses in discrete economics (operational economics) in their previous studies are required to take a preparatory course in economics in the first semester in the fall.

Study requirements

Complete ₫arf 120 ECTS credits. 90 credits in courses and an MS thesis of 30 credits. To graduate from the Faculty of Economics, a student must achieve an average grade of 6.0.

Attachments with application

The following documents must accompany the application for this program:

• Curriculum Vitae (CV)
• Analysis
• Name and e-mail address of the commenter
• Certified copy of academic record and diploma from university

Organization of studies

The program is organized over two years with the following courses:

• Econometrics in the master's program
• Financial Statistics I (Financial Statistics)
• Comprehensive economics in a master's program
• Banks and financial markets
• Bonds
• MS thesis in financial economics
• Financial Statistics II (Economics and Statistics of Financial Markets)
• Corporate financing
• Cost and benefit analysis
• Labor market economics
• Company valuation
• Assets, behavior and risk
• Business economics
• Practical economic measurements
• MS thesis in financial economics
• A profitable project in finance
• Introduction to forensic economics
• Negotiation skills
• Economy
• Economic decision making
• Computer technology in finance
• Corporate tax law
• Natural resources and fish economy

Example of a job platform

At the end of the course, students are well prepared for:

• Research and work in the field of risk, property, debt and financial manipulation
• Diagnostic work
• Pricing of financial products

Social life

Ökonomía, the association of economics students at the University of Iceland, is a strong and active association that does everything in its power to make the student years memorable.

Possibility of postgraduate studies

After completing a master's program in financial economics, there are possibilities for further study in a doctoral program.