Curriculum
The Master of Science in Financial Economics equips you with core knowledge and skills in economic analysis and research. The program begins with four core courses in microeconomics, macroeconomics, econometrics and data analysis. Building on that foundation, four specifically required courses cover the essentials of financial economics. Elective options allow customization to explore additional areas of financial economics as well as additional fields in economics based on your interests and career goals. The Financial Economics curriculum requires fifteen three-credit courses to be completed over two academic years.
Financial Economics Curricular Requirements
Sample Program Schedule
The schedule below is the schedule students will typically follow in order to complete the Financial Economics program in the two-year timeframe. Elective offerings are subject to change. Contact our program staff with any questions at econdesk@georgetown.edu.
Year 1
| Semester | Course | Credits |
|---|---|---|
| Pre-Fall Semester Start | Mandatory Math Camp | No credits or additional cost |
| Fall Schedule | Microeconomics (5551) | 3 credits |
| – | Macroeconomics (5552) | 3 credits |
| – | Econometrics (5553) | 3 credits |
| – | Data Analysis (5554) | 3 credits |
| Spring Schedule | Financial Economics (5806) | 3 credits |
| – | Financial Markets & Insts. (5807) | 3 credits |
| – | Financial Econometrics (5811) | 3 credits |
Year 2
| Semester | Course | Credits |
|---|---|---|
| Fall Schedule | Monetary Theory and Policy (5702) | 3 credits |
| – | Selected Course in Financial Economics | 3 credits |
| – | General Economics Elective | 3 credits |
| – | General Economics Elective | 3 credits |
| Spring Schedule | Selected Course in Financial Economics | 3 credits |
| – | General Economics Elective | 3 credits |
| – | General Economics Elective | 3 credits |
| – | General Economics Elective | 3 credits |
Required Courses
Core Courses
All students must take these four core courses.
- Microeconomics (5551)
- Macroeconomics (5552)
- Econometrics (5553)
- Data Analysis (5554)
Required Financial Economics Courses
- Financial Economics (5806)
- Financial Markets and Institutions (5807)
- Financial Econometrics (5811)
- Monetary Theory and Policy (5702)
Two Additional Financial Economics Courses
All students must select two additional financial economics courses as part of their program of study. These are the courses currently offered that meet this requirement:
- International Finance (5777)
- Asset Pricing and Macroeconomics (5802)
- Economics of Credit Derivatives (5803)
- Empirical Asset Pricing (5804)
- Computational Financial Economics (5821)
General Economics Electives
MS-FECO students must take five general economics elective courses. This is a selection of electives previously offered. Elective offerings are subject to change from year to year.
- Advanced Data Analysis (5851)
- Advanced Macroeconomics (5742)
- Advanced Microeconomics (5691)
- Behavioral Economics (5612)
- Computational Economics (5901)
- Decision and Game Theory (5607)
- Empirical Macroeconomics (5710)
- Energy Economics and Policy (5609)
- Environmental Economics (5604)
- Health, Aging, and Insurance Markets (5610)
- International Trade (5752)
- Labor Economics (5601)
- Macroeconometrics (5871)
- Microeconometrics (5861)
- Time Series Analysis (5853)
With certain permissions, up to two courses offered in Georgetown’s M.S. Program in Mathematics and Statistics may be substituted for general economics electives.