Overview
In today's globalized economy, financial markets are increasingly complex and there is a growing demand for professionals who can navigate these markets and manage financial assets effectively. The master’s degree in financial economics at the Swedish Open University is designed to address this need by providing students with a deep understanding of financial theory and quantitative methods. The program focuses on the intersection of economics and finance, with an emphasis on financial markets, institutions, and instruments. The program is designed to prepare students for careers in finance, investment, and related fields and prepares them for the challenges and opportunities of the financial industry. It provides students with the necessary knowledge and skills to succeed in a rapidly changing financial landscape and contribute to the growth and development of the global economy.
On completion of the program, graduates will be equipped with the skills and knowledge needed to pursue a wide range of careers in the financial industry. Graduates may work as financial analysts, investment bankers, portfolio managers, and risk managers, among others. Some graduates may also choose to pursue further studies in economics or finance, such as a PhD program.
Program Learning Outcomes and Objectives
On completion of the program, students will be able to:
• Apply advanced financial models and analytical tools to analyze financial data and evaluate investment opportunities.
• Understand the principles of asset pricing and be able to evaluate the performance of financial assets and portfolios.
• Develop and implement effective risk management strategies that mitigate financial risks.
• Understand the regulatory frameworks that govern financial markets and be able to assess the impact of regulatory changes on financial markets.
• Develop effective communication and teamwork skills to collaborate with diverse stakeholders in financial organizations.
Program Structure
The program is for one year and consists of 60 credits. The program covers a range of topics such as financial markets, portfolio theory, asset pricing, econometrics, and risk management, with a focus on understanding the interplay between financial markets and the broader economy. The program is delivered online, allowing students to study at their own pace following their own schedule. The program includes the following courses:
1. Corporate Finance (7.5)
2. Research Methods in Business (7.5)
3. Statistics for Business (5)
4. Financial Economics (7.5)
5. Investments Analysis and Portfolio Management (7.5 credits)
6. International Finance (7.5)
7. Econometrics (7.5)
Thesis or Research Project (10)
The thesis or research project is the culminating experience of the program. Students will work with a faculty advisor to design and execute a research project in financial economics. The project will be presented to a panel of experts who will evaluate it and provide feedback.
Career Opportunities
Graduates can pursue a range of careers in finance and investment, including:
• Investment Analysts
• Portfolio Managers
• Financial Analysts
• Risk Managers
• Financial Consultants
• Financial Economists
Admission Requirements
To be considered for admission to the master’s program at the Swedish Open University, applicants must meet the following requirements:
• Hold a bachelor's degree in economics or finance from an accredited institution.
• Have a minimum GPA or equivalent of 70 percent.
• Provide evidence of proficiency in the English language.
• Submit a statement of purpose and a strong interest in the program.
• Complete an interview with the program faculty.
• Have a minimum of two years of professional work experience.
Tuition and Fees
The tuition fee for the master’s program at the Swedish Open University is 3,500 USD per semester. This does not include additional fees such as textbooks, technology fees, and other course material.
Assessment and evaluation
Student learning will be assessed using a number of methods, including exams, essays, case studies, and projects. Students will also be evaluated on their participation in online discussions and group projects. Course evaluations will be 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 at Swedish Open University, students must:
• Complete all required courses and earn a minimum of 60 credits for a 1-year program.
• Maintain a minimum grade of 60 percent in each course.
• Successfully complete a master’s thesis or project.
• Meet any additional requirements set by the university.
