Finance and Economics (MRes/PhD) (2024 entry)
Find out more about our Finance and Economics MRes/PhD.
Make your mark on the financial world through impactful research with our Finance and Economics MRes/PhD at the University of Warwick. Study at the internationally renowned Warwick Business School, where you will have the opportunity to research key financial factors affecting businesses.
*Please note that, for Visa purposes, this is considered a Taught course which means that students requiring Student Visa sponsorship will not be able to bring dependants to the UK unless they are government sponsored.
Course overview
Please note applications for this course are now closed for 2024 entry.
Our fully-funded MRes/PhD Finance and Economics programme combines highly relevant and structured training with close mentorship from a team of supervisors to embed you in our culture of curiosity and help you in developing and deepening your chosen area of research. We value our doctoral researchers and aim to attract students from across the globe who are independent thinkers, restless to learn more and challenge themselves. We particularly welcome applicants whose ambition is a career in academia.
Jointly run with the Department of Economics, we aim to establish our MRes programme as one of the leading programmes in Europe, supporting you to pursue a future career in top academic positions, international organisations and central banks. This programme will provide you with a thorough understanding of state-of-the-art research techniques and in-depth appreciation of principal areas of interest for researchers in finance and economics.
Teaching and learning
You will study four compulsory modules in Year One, and five compulsory modules plus a dissertation in Year Two. You will then continue on to our PhD Finance programme, and complete your doctoral thesis. The overall course structure is 2+4 years (MRes/PhD).
Our excellent library and superb teaching and learning facilities provide the perfect place for you to commit to your studies, and enable you to expand and deepen your knowledge in your chosen area of research.
General entry requirements
Minimum requirements
Competition to join our Doctoral programme is very strong; you will need to demonstrate you have the intellectual capabilities, stamina, drive and commitment to complete a ground-breaking piece of work through independent study.
Academic requirements for our MRes/PhD Finance and Economics programme
- An honours degree from a UK university or equivalent from an overseas university; plus a Masters degree, in economics or Finance (with a significant quantitative finance component). Accounting or Financial Mathematics may be considered with a significant finance component. A first-class degree and a distinction at Masters level is recommended but serves as a guideline only
- A GMAT or GRE score is required and should be provided as part of your application. However, we have no defined threshold and the score provided will be indicative to merely supplement and strengthen applications
- You should have strong academic references and excellent potential for research.
English language requirements
You can find out more about our English language requirementsLink opens in a new window. This course requires the following:
If English is not your first language, you must meet a minimum overall standard in a recognised test of English. You must show a good balance across all sections of the test and it must have been taken within two years of starting the course. We will require your certificates as evidence.
- IELTS - overall score of 7.0, minimum component scores of two at 6.0/6.5 and the rest at 7.0 or above
- PTE academic - 70 with 51+ in every section
- CPE – grade C (CEFR level C2) or above
- CAE - Grade C scoring 60+, no worse than 3 component results at borderline and 1 at weak.
International qualifications
We welcome applications from students with other internationally recognised qualifications.
For more information, please visit the international entry requirements pageLink opens in a new window.
Additional requirements
There are no additional entry requirements for this course.
Our research
Our vision is to develop cutting-edge research that leads debate and deepens our understanding on the practice of finance and economics. Research is undertaken in partnership with policy and practice, to ensure both relevance and practical application. Our desire to respond and contribute to varied societal issues, provides a vibrant and creative environment for research to flourish.
Our research strengths include:
- Asset Pricing
- Behavioural Finance
- Corporate Finance
- Corporate Governance
- Financial Econometrics
- Investments
- Mergers and Acquisitions
- Risk Management.
Find a supervisor
During the second year of the MRes, you will be allocated a supervisor. A second supervisor will be allocated if you are admitted into the PhD, at the end of the MRes. The two supervisors will have appropriate research expertise and interests.
Please do not contact potential supervisors when completing your application, as we do not recruit PhD students in this way.
Tuition fees
Our MRes/PhD Finance and Economics programme is fully funded. All students accepted onto the programme will have their full fees paid and will receive an annual stipend of approximately £21,000 per annum throughout their course, subject to satisfactory progress.
Students do not need to apply separately for this funding. It will be included as part of the offer onto the programme.
Fee Status Guidance
We carry out an initial fee status assessment based on the information you provide in your application. Students will be classified as Home or Overseas fee status. Your fee status determines tuition fees, and what financial support and scholarships may be available. If you receive an offer, your fee status will be clearly stated alongside the tuition fee information.
Do you need your fee classification to be reviewed?
If you believe that your fee status has been classified incorrectly, you can complete a fee status assessment questionnaire. Please follow the instructions in your offer information and provide the documents needed to reassess your status.
Find out more about how universities assess fee status
Additional course costs
As well as tuition fees and living expenses, some courses may require you to cover the cost of field trips or costs associated with travel abroad.
For departmental specific costs, please see the Modules tab on the course web page for the list of core and optional core modules with hyperlinks to our Module Catalogue (please visit the Department’s website if the Module Catalogue hyperlinks are not provided).
Associated costs can be found on the Study tab for each module listed in the Module Catalogue (please note most of the module content applies to 2022/23 year of study). Information about module department specific costs should be considered in conjunction with the more general costs below:
- Core text books
- Printer credits
- Dissertation binding
- Robe hire for your degree ceremony
Scholarships and bursaries
Our MRes/PhD Finance and Economics programme is fully funded. All students accepted onto the programme will have their full fees paid and will receive an annual stipend of approximately £18,000 per annum throughout their course, subject to satisfactory progress.
Students do not need to apply separately for this funding. It will be included as part of the offer onto the programme.
Living costs
Find out more about the cost of living as a postgraduate student at the University of Warwick.
Warwick Business School
If you’re interested in the bigger picture, comfortable challenging assumptions and want a degree that will open doors, then WBS is the place for you. We will give you the foundation for change and prepare you for your future career. Are you ready to make your mark in the world of business?
Find out more about us on our website.
The vision of WBS is to be Europe’s leading University-based Business School, developing transformational ideas and people that shape how we do business. We recognise that rankings are one way to profile our progress towards fulfilling this vision, and are proud to participate in the major global business education rankings.
MSc Finance
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- 6th in the UK and 19th in the world - QS Business Masters Rankings 2024
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- 1st in the UK and 18th in the world - Economist/WhichMBA - 2021 Masters in Management biennial ranking
- 2nd in the UK and 28th in the world - Financial Times Masters in Management Ranking 2023
- 3rd in the UK and 18th in the world - QS Business Masters Rankings 2024
MSc Marketing & Strategy
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MSc Business Analytics
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Our Postgraduate Taught courses
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MBA
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- Marketing Leadership (PGA/PGCert/PGDip)
- Strategic Leadership & Change (PGA/PGCert/PGDip)
- Strategy & Innovation (PGA/PGCert/PGDip)
Our Postgraduate Research courses
How to appy
Applications for 2004 entry are now closed. Applications for 2025 entry will open in October 2024.
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