fin eco

M.S. Financial Economics Course Selection

Listed below are sample course plans to give students a better idea about what their coursework timetable might look like. Please note that this is for illustration purposes only. If you have any questions or concerns regarding appropriate coursework, please make sure to e-mail ecoma@buffalo.edu prior to registration.

Courses Required
ECO 505 Microeconomic Theory
ECO 507 Macroeconomic Theory
ECO 526 Financial Economics I
ECO 580 Econometrics I
ECO 581 Econometrics II
ECO 582 Computational Econometrics
ECO 561 Economics of Fluctuation & Forecasting
ECO 527 Financial Economics II
ECO 504 Financial Analysis & Reporting
ECO 592 Economics of Risk Management
ECO 529 Economics of Asset Valuation
ECO 528 Empirical Methods in Financial Economics
Plus: 3 Electives (see below)
Electives
ECO 511 Health Economics
ECO 521 Urban Economics
ECO 525 Money & Banking
ECO 564 Economics of the Public Sector
ECO 567 Game Theory
ECO 570 Economics of Regulation
ECO 588 Practicum in Financial Economics I
ECO 589 Practicum in Financial Economics II
ECO 598 Independent Research
IE 575 Stochastic Methods
IE 576 Applied Stochastic Processes
MGA 606 Intermediate Financial Report
MGA 632 Financial Statement Analysis
MGF 633 Investment Management
MGF 636 Complex Financial Instruments
MGF 637 Financial Modeling
MGF 638 Fixed Income Securities
MGF 641 Financial Policies and Strategies
MGF 642 Financial Planning & Evaluation
MGF 643 Strategic Fin Mgmt & Value Creation
MGF 656 Acquisitions Transactions
MGF 661 Management of Financial Institutions
MGF 685 International Financial Management
MGF 696 Portfolio Theory and Strategy
MGS 613 Database Management Systems
MTH 511 Probability Theory
MTH 512 Intro Statistical Inference
MTH 517 Survey of Advance Calculus
MTH 531 Introduction to Real Variables I
MTH 532 Introduction to Real Variables II
MTH 558 Mathematical Finance 1
MTH 559 Mathematical Finance 2
MTH 631 Analysis

Note: ECO 504 & MGA 604 are the same course (either course is required for the M.S. Financial degree)

Either MGA 606 or MGA 632 (not both) can be used towards the Advanced Certificate or M.S. degree in addition to MGA 604.

Please note: a student can use an elective from a concentration they aren't doing towards towards their three electives.

For example, if a student is doing the Financial Economics track, they could use ECO 576 (Topics in Micro) as one of the three electives towards their M.S. degree. However, the Department always encourages electives most applicable to a student' s concentration. If you have questions, please contact the Assistant Director.

Other academic questions

M.S. Financial Economics (45 credits)

1 1/2 years (Fall Admission)
Fall (Semester 1)
Course # Title Credits
ECO 505 Microeconomic Theory 3
ECO 507 Macroeconomic Theory 3
ECO 580 Econometrics I 3
ECO 526 Financial Economics I 3
ECO 504 Fin. Analysis & Reporting 3
Macro/Micro Comp Exam (January)
15 Credit Hours
Spring (Semester 2)
Course # Title Credits
ECO 528 Empirical Methods fin. Econ. 3
ECO 581 Econometrics II 3
ECO 527 Financial Economics II 3
ECO 529 Economics of Asset Valuation 3
M.S. Financial Elective 3
15 Credit Hours
Fall (Semester 3)
Course # Title Credits
ECO 592 Financial Risk Management 3
ECO 561 Econ of Fluctuation & Forecasting 3
ECO 582 Computational Econometrics 3
M.S. Financial Elective 3
M.S. Financial Elective 3
15 Credit Hours
45 Credit Hours

Upon successful completion of the above 45 credit hours of coursework and passing both parts of the Comprehensive Exam, a student will confer the M.S. degree in Economics.

Note: The Department recommends four semesters for the M.S. program. However, exceptional students can choose to complete the M.S. program in three semesters.

M.S. Financial Economics (45 credits)

2 Years (Fall Admission)
Fall (Semester 1)
Course # Title Credits
ECO 505 Microeconomic Theory 3
ECO 504 Fin. Analysis & Reporting 3
ECO 580 Econometrics I 3
ECO 526 Financial Economics I 3
Micro Comp Exam (Jan)
12 Credit Hours
Spring (Semester 2)
Course # Title Credits
ECO 581 Econometrics II 3
ECO 527 Financial Economics II 3
ECO 529 Economics of Asset Valuation 3
ECO 507 Macroeconomic Theory 3
Macro Comp Exam (June)    
12 Credit Hours
Fall (Semester 3)
Course # Title Credits
ECO 592 Financial Risk Management 3
ECO 561 Econ of Fluctuation & Forecasting 3
ECO 582 Computational Econometrics 3
M.S. Financial Elective 3
12 Credit Hours
Spring (Semester 4)
Course # Title Credits
ECO 528 Empirical Methods Fin. Econ. 3
M.S. Financial Elective 3
M.S. Financial Elective 3
9 Credit Hours
45 Credit Hours

Upon successful completion of the above 45 credit hours of coursework and passing both parts of the Comprehensive Exam, a student will confer the M.S. degree in Economics.

M.S. Financial Economics (45 credits)

2 Years (Spring Admission)
Spring (Semester 1)
Course # Title Credits
ECO 505 Microeconomic Theory 3
ECO 507 Macroeconomic Theory 3
ECO 580 Econometrics I 3
ECO 526 Financial Economics I 3
Micro/Macro Comp Exam (June)
12 Credit Hours
Fall (Semester 2)
Course # Title Credits
ECO 504 Fin. Analysis & Accounting 3
ECO 581 Econometrics II 3
ECO 561 Fluctuation & Forecasting 3
M.S. Financial Elective 3
12 Credit Hours
Spring (Semester 3)
Course # Title Credits
ECO 529 Economics of Asset Valuation 3
ECO 528 Empirical Methods Fin. Econ. 3
ECO 582 Computational Econometrics 3
M.S. Financial Elective 3
12 Credit Hours
Fall (Semester 4)
Course # Title Credits
ECO 592 Financial Risk Management 3
ECO 561 Econ of Fluctuation & Forecasting 3
M.S. Financial Elective 3
9 Credit Hours
45 Credit Hours

Upon successful completion of the above 45 credit hours of coursework and passing both parts of the Comprehensive Exam, a student will confer the M.S. degree in Economics.