Master in Monetary and Financial Economics
Aglantzia, Cyprus
DURATION
3 Semesters
LANGUAGES
English
PACE
Full time
APPLICATION DEADLINE
31 Mar 2025
EARLIEST START DATE
Sep 2025
TUITION FEES
EUR 5,125
STUDY FORMAT
On-Campus
Introduction
A Master's degree in Monetary and Financial Economics is typically designed to provide students with a comprehensive understanding of economic principles and theories as they relate specifically to monetary policy, financial markets, and institutions. This type of program is ideal for individuals who want to pursue careers in finance, banking, central banking, economic policy analysis, or academia.
The program is designed for students who want to specialize in the areas of monetary and financial economics with the purpose of seeking employment in the public or private sector upon completion of the program. It provides students with a general grounding in economic theory and empirical methods, as well as specific training in the program’s areas of specialization.
Gallery
Admissions
Scholarships and Funding
Postgraduate Study Scholarships for International Students at the University of Cyprus
Since its establishment in 1989, the University of Cyprus (UCY) has earned a strong reputation domestically, regionally, and internationally, and it has earned a prominent place in World University Rankings. Its focus on academic excellence, as well as research and teaching, is widely recognized. UCY, in line with its internationalization strategy and commitment to excellence in teaching and learning, offers a number of scholarships to qualified international candidates in the following interesting and specialized postgraduate programs:
- Master in Business Economics (total tuition fee: 10.000 euros)
- Master in Economic Analysis (total tuition fee: 5.125 euros) or PhD in Economics (total tuition fee: 4.000 euros for Master’s holders)
- Master in Artificial Intelligence (total tuition fee: 5.125 euros)
- Master in Teaching French as a Foreign Language (total tuition fee: 5.125 euros)
The scholarships will be awarded in the form of a deduction from the total amount of tuition fees of the selected postgraduate program. Candidates must meet the academic criteria and adhere to the admission requirements of the specific study program.
UCY is currently accepting online applications for admission in September 2024. The deadline for applications for the above-mentioned postgraduate programs is 14th June 2024, except for the Master in Artificial Intelligence, which has a deadline of 31st May 2024.
Curriculum
Course per Semester
Semester 1
- ECO 610 Money, Banking and Financial Economics 7.5
- ECO 661 Microeconomics 7.5
- ECO 662 Macroeconomics 7.5
- ECO 663 Econometrics 7.5
Semester 2
- ECO 606 International Finance 7.5
- ECO 644 The Economics of Firm Financing 7.5
- ECO 680 Topics in Financial Econometrics 7.5
- Restricted Elective Selection from a List of Courses 7.5
Semester 3
- ECO 698 Master's Thesis 24
- Restricted Elective Selection from a List of Courses 6
Program Outcome
Successful graduates will acquire a solid grasp of key economic principles and develop the analytical skills that are valued by financial institutions and other organizations operating in today’s dynamic and complex financial world. They will be able to use economic data and reasoning to understand the economic environment in which these institutions operate; to comprehend and execute the organization’s policies; to assess the associated risks and rewards and provide appropriate feedback to management
Career Opportunities
The program is designed for students interested in seeking employment in public or private organizations in the fields of Monetary and Financial Economics such as Central Banks, Ministries of Finance, commercial banks, insurance companies, investment companies, etc. Our past graduates have been very successful in securing positions in the sector, often getting jobs before the completion of the program
Program Admission Requirements
Show your commitment and readiness for Grad school by taking the GRE - the most broadly accepted exam for graduate programs internationally.