MS - Financial Economics | LSU Department of Finance

MS - Financial Economics

Overview

The Master of Science in Financial Economics (MSFE) is a 36-hour, non-thesis master’s degree program designed to be completed in less than one year. The MSFE provides academically distinguished and industry-oriented students the opportunity to obtain a rigorous, graduate-level finance and economics education in an intensive 10-month program.

The Master of Science program in financial economics provides students with the analytical and communication skills necessary for effective financial decision making through the application of financial theory and quantitative techniques. ​With ever-increasing financial globalization and competition for employment in the financial sector, it is crucial that professionals prepare for the increasingly complex world of finance by building a solid foundation. The MSFE program offers a challenging advanced degree that prepares its participants to become the leaders in this rewarding and dynamic field. The goal of the program is to provide students with the quantitative and theoretical tools for a successful career in finance with potential employers such as investment and commercial banks, economic and financial asset management companies, consulting firms, and policy-oriented organizations.

Students admitted to the program will acquire classroom training combined with the practical experience of summer internships providing a strong background for careers in the area of banking, investment banking, financial analysis, corporate finance, and private consulting in finance-related firms. The program will provide its graduates with the necessary analytical and quantitative skills to meet the challenges faced in a rapidly changing marketplace. It includes a combination of practical and classroom experience that will allow students to enter the workplace and provide an immediate contribution.

Financial Economics will provide you with rigorous training in macroeconomics, microeconomics, and quantitative methods, and develop your understanding of financial theory and empirical applications. You will learn how macroeconomic factors, such as monetary and fiscal policy, growth and risk, interact and influence financial markets and the pricing of financial assets, such as stocks and bonds.

You will develop a strong understanding of the functioning of financial markets and the channels through which monetary policy decisions affect them. You are taught to analyze the market, both technically and fundamentally.

Students will develop expertise in topics relevant to financial markets, empirical and quantitative finance, macro and microeconomics, and international applied economics.

Admissions Policies

For admissions, we look at the entire application package, including transcripts, rather than focusing on any one test score. We target a 3.2 (on a 4.0 scale) undergraduate grade-point average and a 600 or better on the GMAT (the code for LSU is 6373), with a balance between the verbal and quantitative sections. We do not accept the GRE.

International applicants must also provide an official TOEFL score (the code for LSU is also 6373) of at least 550 on the paper-based exam, 213 on the computer-based exam, or 79 on the internet-based exam to be considered for admission.

We encourage but do not require work experience.

Letters of recommendation are also an important part of the assessment process. We use them to aid us in determining the applicant's likelihood of success both in the program and after graduation. We do not require specific forms for these letters; the respondent should write on standard letterhead.

While a business education background is helpful, we do not require any previous background. Your undergraduate degree should be equivalent to that from a four-year accredited U.S. institution, and you should have preferably completed the equivalent of at least a comprehensive undergraduate minor in business administration. You should also be proficient in office applications software (i.e., word processor, spreadsheet, and presentation).

Since the curriculum is tailored to each applicant's needs, we require that you have already established a career goal and reasons for seeking the MSFE degree. This information should be included in your statement of purpose on the graduate school application form and is used in determining your program of study.

Financial Assistance

In-state Tuition & Fees: $16,693*
Out-of-State Tuition & Fees: $37,493*

Scholarships available for well-qualified candidates ($1,500 - $2,700)
Assistantships with tuition waivers available

*Subject to change

Curriculum

MS Finance program is intended to be a full-time, three-semester program. MS Finance students are required to complete at least 18 hours of finance courses, including three required courses. The remaining 18 hours should be chosen to support their career goals. Also, 18 hours or more must be 7000 (or higher) level classes.