BSc Financial Economics

  • Degree: Degree of Bachelor of Science in Business Administration with a major in Financial Economics
  • Level: Bachelor
  • Language: English
  • Admissions: Fall and Spring Semester admissions
  • Application deadline: 3 months before semester opening
  • Duration: 3 years (6 Semesters), 180 credits
  • Fees: 3,000 USD per Semester
  • Classes: Online/Remote

Program Overview

A bachelor’s program in financial economics combines elements of economics and finance to provide students with a strong foundation in both the fields. The rationale behind this program is that the two subjects are closely related and that understanding the principles of economics and finance is essential for success in many business areas.

The program provides students with an understanding of economic theory, including microeconomics and macroeconomics, as well as financial theory, and the working of financial markets. Students learn how to analyze economic data, evaluate investment opportunities, and make informed financial decisions. In addition to the core courses, students may also get an opportunity to take elective courses in areas such as financial management, risk management, international finance, and investment banking.

The goal of the bachelor’s program in financial economics is producing graduates who are well-equipped to pursue careers in finance, banking, investment management, consulting or any other field that requires a strong understanding of both economics and finance. Graduates are also prepared for further studies in graduate programs in economics, finance, business, or law.

Financial economics is a complex and dynamic field that plays a critical role in the global economy. As businesses become more international and interconnected, there is an increasing demand for professionals with expertise in finance and economics. So, the bachelor’s program in financial economics is an essential program that prepares students for the challenges and opportunities of the globalized financial and economic world. It provides students with the necessary knowledge and skills to succeed in a finance and economics career and contribute to the growth and development of the global economy.

The bachelor's degree program in financial economics at the Swedish Open University is designed to provide students with an understanding of the global financial system and the ability to navigate the complex world of finance and economics. The program is designed to provide students with a strong foundation in finance and economics, with a focus on understanding the unique challenges and opportunities of conducting a business across borders.

The program covers a range of topics, such as financial management, investments, international trade, international economics, macroeconomics, foreign exchange markets, and international banking, with a focus on developing analytical and problem-solving skills. Students enrolled in the program learn how to apply financial concepts and techniques to analyze international economic and financial transactions and assess global investment opportunities. Graduates of the program are equipped to pursue careers in fields such as international banking, global corporate finance, international investment analyses, international economics, and trade and finance consulting.

The Swedish Open University emphasizes on a collaborative learning environment, where students work together in teams to solve problems and complete assignments. Students are encouraged to share their experiences and ideas with their peers and to engage in academic discussions. This collaborative approach fosters a sense of community and encourages students to develop critical thinking, problem-solving, and leadership skills.

In the final year of the program, students complete a project that demonstrates their ability to apply the principles of financial economics to a specific business idea. The project is supervised by a faculty advisor and culminates in a written report and oral presentation. The project provides the students an opportunity to apply their knowledge and skills in a real-world business idea and to showcase their abilities to potential employers or partners.

The program also includes a global perspective, which prepares students to work in international contexts. This includes courses on global economic trends, international financial institutions, and cross-cultural communication. This global perspective is essential for students who are planning to work in international finance and provides them with an understanding of the cultural, economic, and political factors that shape global financial markets. The program is delivered online, allowing students to study at their own pace following their own schedule.

Program Learning Outcomes and Objectives

By the end of the program, students will be able to:

Understand the complexities of the global financial system and the impact of international financial transactions.
Analyze financial data and make informed decisions based on financial analyses.
Apply financial management techniques to optimize financial performance in an international setting.
Understand and comply with international financial reporting standards.
Develop and implement risk management strategies in international finance.
Communicate effectively with stakeholders in a global financial environment.

Program Structure

The program begins with foundational courses in business and economics. In addition to the foundational courses in business administration such Basic Mathematics, Business Statistics, Information systems: Digitalization, Introduction to Marketing, Financial Management, Financial accounting, Managerial Accounting, Project Management, Principles of Economics, Microeconomics, Entrepreneurship Development, Introduction to Organization and Management, Leadership, Research Methods, Business Law and Ethics, Internship and Exchange Program, Tech, and the bachelor’s thesis or project. The core courses are designed to provide students with a solid foundational course in business and economics. As students’ progress through the program, they take advanced courses in finance and economics. Students learn about the unique challenges and opportunities of conducting businesses in a global economy, and how to apply the concepts of finance and economics in international business operations. These courses cover topics like:

1. International Trade
2. International investment analysis,
3. International finance.
4. Mathematics II.
5. Macro econometrics.
6. Commercial and central banking.
7. International economics.
8. International financial markets.
9. Risk management in international finance.
10. Advanced corporate finance.
11. Econometrics.
12. FinTech and digital money.

Final Project

The final project is the culminating experience of the program. Students will use their knowledge and skills to analyze a real-world financial problem in the global marketplace. The project will be presented to a panel of experts who will evaluate the analysis and provide feedback.

Career Opportunities

Graduates of the international finance program can pursue a range of careers, including:

Financial Analysts
Financial Economists
International Investment Bankers
International Financial Managers
International Accountants
International Financial Consultants

Admission Requirements

To be eligible for admission to the program, applicants must have:

Completed high school or equivalent education.
Have proven proficiency in English.
Have a strong interest in financial economics.
Fulfill other admission requirements.

Tuition and Fees

The tuition for the bachelor’s degree program in international finance at the Swedish Open University is 60,000 SEK (approximately $6,000 USD) per year or 3,000 USD per semester. This does not include additional fees for textbooks, technology, or other course material.

Assessment and evaluation

Student learning is assessed using a number of methods, including exams, essays, case studies, and projects. Students are also evaluated on their participation in online discussions and group projects. Course evaluations are conducted at the end of each course to gather feedback from the students on the effectiveness of the course and the teaching methods used.

Graduation requirements

To graduate from the bachelor’s program in international finance from the Swedish Open University, students must:

Complete all required courses and earn a minimum of 180 credits.
Maintain a minimum grade of 60 percent in every course.
Successfully complete a bachelor’s thesis or project.
Meet any additional requirements set by the university.

How to apply

Apply here Next