MA Economics (with finance specialization option) | College of Business and Economics

MA Economics (with finance specialization option)

ma economics and finance student

Take the next step with a flexible and globally-focused master's program

Join a welcoming and collaborative campus community and learn from internationally-recognized researchers in the Master of Arts (MA) in Economics program at the University of Guelph. This advanced program will extend your economics and finance knowledge beyond the undergraduate level and prepare you for a variety of roles within the public and private sectors, as well as further education at the PhD level. The program offers a finance specialization for students who wish to focus their studies towards finance-based economics.

Flexible: Complete your degree one of two ways

  • Course-based option: Gain a strong foundation of knowledge through core coursework and explore different topics through electives. Complete your degree in as little as eight months.
  • Major research project option: Gain a strong foundation of knowledge through core coursework while exploring your research interests through an MRP. Complete your degree in one year. View past MA Economics research projects to see what other students have done.

 

Economics specialization

Advancing your knowledge in core economic theory and quantitative methods will prepare you to work in public policy and conduct economic research that will help solve any economic and business problem. Our MA program offers a strong introduction into advanced theoretical coursework and the flexibility to investigate your interests through elective courses.

Financial Economics specialization

Developing extensive financial knowledge and excellent quantitative research skills will enable you to become an expert analyst, understand market trends and risk, and manage financial portfolios. Our MA program features courses in asset pricing, portfolio management and financial econometrics.

 

Career Opportunities

Graduates of this program pursue careers in a number of unique areas in management and leadership, including; 

  • Economist
  • Research Associate
  • Statistician
  • Data Analyst
  • Financial Analyst
  • Portfolio Manager
  • Public and Private Sector Management
  • Academia

Career Paths

Graduates of the MA in Economics program can be found in a range of organizations across Canada and around the world.

  • International Monetary Fund

  • World Bank

  • Statistics Canada

  • Federal Privy Council Office

  • Scotiabank, Bank of Montreal

  • Ontario Ministry of Finance

  • Hydro Québec

  • Ontario Securities Commission

  • Informetrica​


Meet our students and alumni

Link to YouTube video for MA Economics + Finance

 

Student Kyel Governor and professor Thanasis Stengos discuss the MA Economics program.

Video transcript (pdf)
 

 

 


 

 

 

Applicants must meet the following requirements to be considered for admission:

 

  • Undergraduate degree (4-year program or equivalent)

  • B+ average in last two years of study

  • Background in economic theory and econometrics 

  • All applicants must meet English language proficiency requirements. If an applicant’s first language is not English, or the undergraduate degree was not taught in an English language setting, please visit the Graudate Programs website for specific requirements.

Application deadline is February 1st.

 

 

To apply to the University of Guelph, follow these steps:
 

  1. Create your OUAC account online.
  2. Complete the online application form through the OUAC portal (this will take about an hour – save your application regularly to avoid losing your work) by listing your demographic information, academic experience, work experience and referee information.

    Statement of Research: Please do not enter your statement into the OUAC online application. You will upload your statement later in the application process.
    Application Fee: Your application will not be submitted until you have paid the application fee.
     
  3. Following the completion of your online application, you will receive an email from the Office of Graduate and Postdoctoral Studies staff with login information for the University of Guelph’s WebAdvisor portal. Please note that access to WebAdvisor will be granted within a few business days, but may take up to 5 days during peak periods.
  4. Upload the necessary application documents (see below) to WebAdvisor. All documents, including references, GRE/GMAT scores, and transcripts must be received by the application deadline.
  5. Monitor your email and WebAdvisor for your admissions decision. You will receive email notification when your admissions decision has been posted to WebAdvisor.

 

The Department of Economics and Finance has a faculty complement of 27, with teaching and research interests across the entire range of economics and financial analysis. 

Faculty research explores the following topics:

 

  • Economics

  • Finance

  • International Development

  • Data Analytics

See a full list of faculty

There are two options to complete your degree: (i) by course work, and (ii) by course work and major research paper.

Course Work and Major Research Project 

A minimum of 4.0 credits is required, including:

The Economics Core (1.5 credits)

ECON*6020 [0.50] Macroeconomic Theory I

ECON*6500 [0.50] Microeconomic Theory MA

ECON*6140 [0.50] Econometrics I
or

ECON*6180 [0.50] Econometric Methods

Three additional courses (1.5 credits)

ECON*6940 [1.00] Research Project

Course Work

A minimum of 4.0 credits is required, including:

The Economics Core (1.5 credits)

ECON*6020 [0.50] Macroeconomic Theory I

ECON*6500 [0.50] Microeconomic Theory MA

ECON*6140 [0.50] Econometrics I
or

ECON*6180 [0.50] Econometric Methods

Five additional courses (2.5 credits). At least two courses must have substantial research components (50% or more of the total course grade).

Course Work and Major Research Project in the Field of Financial Economics 

The Economics Core (1.5 credits)

ECON*6020 [0.50] Macroeconomic Theory I

ECON*6500 [0.50] Microeconomic Theory MA

ECON*6140 [0.50] Econometrics I
or

ECON*6180 [0.50] Econometric Methods

The Finance Core (1.5 credits)

ECON*6380 [0.50] Financial Economics

ECON*6390 [0.50] Empirical Finance and Financial Econometrics

ECON*6820 [0.50] Security Analysis and Portfolio Management

ECON*6940 [1.00] Research Project

Course Work in the Field of Financial Economics 

A minimum of 4.0 credits is required, including:

The Economics Core (1.5 credits)

ECON*6020 [0.50] Macroeconomic Theory I

ECON*6500 [0.50] Microeconomic Theory MA

ECON*6140 [0.50] Econometrics I
or

ECON*6180 [0.50] Econometric Methods

The Finance Core (1.5 credits)

ECON*6380 [0.50] Financial Economics

ECON*6390 [0.50] Empirical Finance and Financial Econometrics

ECON*6820 [0.50] Security Analysis and Portfolio Management

Note that all courses in the finance core have substantial research components (50% or more of the total course grade).

Two additional courses (1.0 credits). Students are encouraged to take:

ECON*6320 [0.50] International Finance

ECON*6490 [0.50] Money and Banking

For more information on this program, contact us at:

Graduate Program Assistant
gradecon@uoguelph.ca