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Email: intlgradadmission@pace.edu
Phone: +18667223338
This MA will enable you to have a sound understanding of the functions, institutions and instruments of finance, and to know how and why financial systems differ. Taking a pluralist theoretical approach, the MA provides an in-depth study of how finance affects the broader economy, and how the behaviour of firms, households and governments are adapting as the financial sector evolves through processes of innovation and growth. Drawing at all times on empirical data - from flow of funds at the macro level down to balance sheet analysis at the micro level of the firm - you will develop the key analytical skills necessary for carrying out research in contemporary issues in financial economics.
This course offers a good preparation for work in a range of public and private institutions that require a real knowledge of finance and its effect on the broader, contemporary economy. The microeconomic skills you'll develop can be used in roles that undertake company valuation such as private banks or pension funds. The macro focus lends itself to risk management in financial institutions, or in domestic and international regulatory agencies, as well as any organisation looking at the link between finance and development such as development banks.
Like all economics postgraduates, you will be very well placed to gain roles in the Government Economic Service, in economic consultancy or policy positions in think-tanks and non-governmental organisations, but you will have an additional edge with your critical knowledge of finance.
Academic qualification equivalents
A bachelor degree with related subject
English language requirements (one of the below):
| Type of university | Public research university |
| Location | Penrhyn Rd, Kingston, UK |
| Housing capacity | 2,005 rooms |
| Financial aid | Scholarships, bursaries, loans. |
| Mode of application | Online |
| Courses offered | UG, PG, short courses |
The estimated cost of living in Kingston, England, is displayed in the table below. Under the British National Health Service, students who have been enrolled in a full-time programme for more than six months are eligible for free medical care.
| Item | Amount per month (GBP) |
|---|---|
| Tuition (per annum) | 15,300-23,500 |
| Accommodation | 536-1,320 |
| Laundry | 20-30 |
| Food | 180-350 |
| Books and supplies | 40-50 |
| Phone and internet | 20-45 |
| Miscellaneous | 120-140 |
| Total (excluding tuition) | 916-1935 |
While tuition fees are the grounding rock, there are other survival needs to be considered as well before you apply to a program which has been mentioned as follows:
| Type of Expenditure | On-campus (8 months) | Off-campus (8 months) |
|---|---|---|
| Accommodation | 5,359 to 11,644 | 450 to 713 per month |
| Food | Including in accommodation | 1,266 to 1,620 |
| Books & Supplies | 825 to 2,681 | 825 to 2,681 |
| Personal Computer | 375 to 825 | 375 to 825 |
| Health Insurance | 468 | 468 |
| Others | 1,725 | 1, 725 |
| Total | 8,752 to 17,343 | 5,109 to 7,582 |
| Tuition Fees in USA (1st Year Average) | BE/Btech: USD 28300 | MS: USD 22693 | BBA: USD 26616 | MBA: USD 29558 | BSc: USD 29418 | MA: USD 20452 | MIS: USD 22133 | MFin: USD 37683 | MEng: USD 29558 | MIM: USD 35301 | MEM: USD 23254 | MArch: USD 34741 | MFA: USD 28857 | BHM: USD 27176 |
| Average Accomodation & Food Costs in USA | USD 700 to 1000 Per Month |
| Entrance Exams in USA | TOEFL: 86 | IELTS: 6.5 | PTE: 60 | GRE: 309 | GMAT: 560 | SAT: 1177 |
| Work and Study in USA | Permitted for 20 hours/week with a valid study permit. Know More |
| Post Study Work Permit in USA | One to Two Years after graduation depending on the course. |
| Cost of Student Visa in USA | USD 160 |
| Student Visa in USA | F1 Visa for USA allows you study permit in USA in full time academic courses. Any accredited school, college, university, academic institute, seminary, or conservatory in USA must accept you beforehand to apply for F1 visa in USA. Know More |
| Intakes in USA | There are Three Intakes in USA: Fall (August-September), Spring (January) Know More |
| Top Job Sectors in USA | Health Care, Education, Construction, Hospitality & Tourism, Business Services, Finance. |
| Economy in USA | GDP Growth of 2.1% (Q4 2019), The Larges Economy of the World by Nominal |