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Economics/Finance Masters from a Background in International Management Watch

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    Hey guys!

    My boyfriend recently graduated (2013) with a BA International Management. He wants to pursue a masters degree in Economics/ Finance (individually) or Finance and Economics (together).
    What's the best way to pursue a masters in the above with a background in International Management and is it very difficult to do?
    Also he is currently working as an Accountant.

    Thanks in advance


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    Did he take any economics/finance/accounting modules during his degree? What about calculus and statistics? Does he have a 1st class? If he hasn't done at least intermediate macro/micro/econometrics/statistics, then an economics masters will be out the question. The more prestigious the university, the more difficult the entry requirements so it may be worth looking at those departments which have more flexible requirements, but a BA management degree is unlikely to get you in anywhere if I'm being honest, unless he has an unusually quantitative transcript. Generally, he will have a better chance at finance than economics, particularly as his career is more related to this area.

    There are a few options open to him:

    1. Apply for a course which includes management or accounting, i.e. MSc Finance and Accounting/Management, so that your degree and career relate to the course. The downside being it's not strictly what you want.

    2. Do an economics "conversion", which consists of a one year PGDip and the second year progressing onto the masters itself. This is the only realistic route if he wants a traditional economics learning experience and any chance of progressing to the doctorate. The downside being it's expensive and takes two years full-time.

    3. Apply for a masters at the Open University, which is typically more flexible with requirements (they only have a finance not economics masters though - here is a test they have devised to test your quantitative background for their MSc Finance - https://students.open.ac.uk/openmark/mscfinance.ayrf/)

    4. As above, look towards departments that have lower requirements and emphasise your career and any related modules.

    As I said, he has a far better chance at MSc Finance - it really depends what his long-term goals are and whether he prefers finance or economics as they are quite different academically.
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    (Original post by maskofsanity)
    Did he take any economics/finance/accounting modules during his degree? What about calculus and statistics? Does he have a 1st class? If he hasn't done at least intermediate macro/micro/econometrics/statistics, then an economics masters will be out the question. The more prestigious the university, the more difficult the entry requirements so it may be worth looking at those departments which have more flexible requirements, but a BA management degree is unlikely to get you in anywhere if I'm being honest, unless he has an unusually quantitative transcript. Generally, he will have a better chance at finance than economics, particularly as his career is more related to this area.

    There are a few options open to him:

    1. Apply for a course which includes management or accounting, i.e. MSc Finance and Accounting/Management, so that your degree and career relate to the course. The downside being it's not strictly what you want.

    2. Do an economics "conversion", which consists of a one year PGDip and the second year progressing onto the masters itself. This is the only realistic route if he wants a traditional economics learning experience and any chance of progressing to the doctorate. The downside being it's expensive and takes two years full-time.

    3. Apply for a masters at the Open University, which is typically more flexible with requirements (they only have a finance not economics masters though - here is a test they have devised to test your quantitative background for their MSc Finance - https://students.open.ac.uk/openmark/mscfinance.ayrf/)

    4. As above, look towards departments that have lower requirements and emphasise your career and any related modules.

    As I said, he has a far better chance at MSc Finance - it really depends what his long-term goals are and whether he prefers finance or economics as they are quite different academically.
    Thank you very much for your advice. He gained a 2:1 and after reading your comment he realised that he would properly prefer to specialise in something, at the moment he is working in as an Accountant, and he will be going into investment banking so when the time comes for him to do his masters wouldn't it be better to do something that would benefit the company as well as himself, especially if the company is allowing him time off to compete the masters? That's how he feels at the moment and I agree, how beneficial would a Msc Finance be to the company maybe an MBA would be better after he has gained some years (so far he has 1 and a bit as an Accountant) he knows what area in investment banking he will be going into as well.


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    (Original post by NuriaM)
    Hey guys!

    My boyfriend recently graduated (2013) with a BA International Management. He wants to pursue a masters degree in Economics/ Finance (individually) or Finance and Economics (together).
    What's the best way to pursue a masters in the above with a background in International Management and is it very difficult to do?
    Also he is currently working as an Accountant.

    Thanks in advance


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    My first degree (Bachelor) was in Management Information Systems and now i am going for a Master in UK for Financial Risk Management. As you can see my first degree do not have a direct connection for finance however there some modules that i have done that might help such as Managerial Finance, Statistics, Intermediate Algebra and Finite maths with applied calculus. Furthermore, i would agree with the previous comment that economics need a strong base in contract with finance as also there some master that do no need prior experience in order to be eligible for it.
 
 
 
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