Online Master's Degree in Finance & Economics

Feb 21, 2020

Students who pursue an online master's degree in finance and economics will gain the necessary skills to pursue careers centered around money and business management. Read on to learn about core courses and admission requirements for these online programs.

An online master's degree in finance and economics allows flexible learning for students who are wanting to pursue careers in accounting, finance, business, or economics. Listed below are typical courses you might encounter during distance learning, as well as some general admittance requirements for those programs.

Online Master of Finance and Economics Program Information

Pursuing an online master degree in finance and economics provides flexible coursework meant to prepare students to earn leadership roles in careers, such as financial analysts or economists. The general curriculum you might encounter is provided below.

Applied Economics

Economics courses educate students in the advanced methodology of financial practice. Students will specifically learn about investing, risk evaluation, debt, equity, etc. Core topics might include supply and demand, price elasticity, and consumerism. Economic courses will inform students of the proper mechanics suited for a sustainable economy.

Accounting

Accounting involves processing and communicating financial information for both businesses and larger corporations. Students will learn about financial statements and partnerships, as well as the general methodology behind accounting. Upon completion, students will have gained the necessary tools to perform accounting applications in real-world environments.

Applied Statistics

Statistics is a form of mathematical analysis that uses models and representations of data. With a specific focus on finance and economics, students will learn about probability and probability distributions, as well as hypothesis testing and sampling. Specific topics might include data collection and interpretation, risk analysis, and regression analysis.

Investments

Courses in investment introduce investment vehicles and their outcomes in the decision making process. Students are prepared to make critical investment choices in both their personal and work planning. Topics may include investment portfolio theories, investment strategies, and asset diversification and allocation.

Financial Management

Financial management courses provide students with the necessary skills to interpret financial data and make critical decisions for leading business organizations and suppliers. Students may learn about financial theory and how investment decisions affect them. Topics might include budgeting, financial analysis, and financing methods.

Online Master's Degree in Finance & Economics Admittance Requirements

Students who are wanting to apply to an online master's program in finance and economics must have obtained a bachelor's degree from an accredited university with a minimum GPA of 2.0-3.0 on a 4.0 scale, depending on your program of choice. Typically, your bachelor's degree must be in a related field, such as finance, accounting, business, or economics. Prior to admission, you will also need to submit all official transcripts showing proof of undergraduate completion. Students may be required to write a statement of purpose, provide a professional resume, and letters of recommendation. Most online programs do not have specific prerequisite requirements, however, taking undergraduate classes in related subjects may prove beneficial for future coursework and evaluation.

By pursuing an online master's degree in finance and economics, students will be given the flexibility to complete their degree at their leisure. Students can learn about financial and business management, economic policies, accounting, and statistical methods.

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