Master of Science in Financial Economics

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Prepare to Lead Data Analyses to Bolster Economic Decision-Making

In the MS in Financial Economics program, learning economic theory is just the beginning. You will explore practical tools and techniques, gaining the expertise to analyze global economic change. It’s your pathway to careers that focus on modeling financial markets, forecasting trends, and elevating decision-making across the public and private sectors.

Johns Hopkins University lets you take control of your education with customizable core courses and an array of electives. This coursework helps you master the analytical methods used to identify financial risks and opportunities. Get started now to benefit from:

  • Specialized courses. Select econometrics courses and electives for the financial economics specialty you want to pursue.
  • Experienced faculty. Learn from leaders who developed their expertise during careers with the Federal Reserve Board of Governors, Freddie Mac, and other organizations at the heart of the financial industry.
  • Flexible study options. Hopkins offers one of the only MS in Financial Economics degrees you can earn entirely online or on campus in Washington, D.C.
  • A solid return on investment. Hopkins opens doors to a range of careers — and the tuition is lower than similar programs from business schools.

Fast Facts

Professional Opportunities

After earning this degree, you’ll be ready to perform research and empirical economic analyses harnessed by:

Best of all, you’ll qualify for economist roles in the finance and insurance sectors, which offer a median annual salary of $113,940.1

Coursework

You will take 10 courses to earn the MS in Financial Economics degree. Along the way, you’ll get opportunities to customize your degree for the area where you want to lead.

Complete all four of the core courses:

  • Microeconomic Theory
  • Macroeconomic Theory
  • Econometrics
  • Financial Economics

Select one time-series analysis course:

  • Macroeconometrics
  • Macroeconomic Forecasting
  • Financial Econometrics

Tailor your degree by selecting two to four of the following courses:

  • Financial Econometrics (Time-Series Analysis)
  • Financial Intermediation & Financial Markets
  • Economics of Investments and Financial Management
  • Behavioral Economics & Finance
  • Economics of Derivatives

If needed, you may select up to three of the following courses to meet the 10-course requirement:

  • Macroeconometrics (Time-Series Analysis)
  • Macroeconomic Forecasting (Time-Series Analysis)
  • Bayesian Econometrics
  • Microeconometrics (Cross-Section and Panel Analysis)
  • Machine Learning in Statistics
  • Monetary Economics
  • Finance and the Macroeconomy
  • Topics in Macroeconomics and Finance
  • Economic Growth
  • International Finance (Open Economy Macro)
  • Economics of the Labor Market

If needed, you may select one of these courses to meet the 10-course requirement:

  • Cost-Benefit Analysis
  • Computable General Equilibrium Modeling
  • Survey Research Methods
  • Environmental & Resource Economics
  • Political Economy
  • Industrial Organization
  • Law and Economics
  • Public Economics
  • Development Microeconomics
  • International Trade (Open Economy Micro)
  • Regional Economics
  • Urban Economics
  • Economics of Health Care
  • Game Theory

Source

  1. “Economists: Pay.” U.S. Bureau of Labor Statistics, Occupational Outlook Handbook. Accessed October 10, 2023. https://www.bls.gov/ooh/life-physical-and-social-science/economists.htm#tab-5.