A detailed introduction to the major of financial economics in Britain

A detailed introduction to the major of financial economics in Britain. Let's have a look.

Financial economics is the cross field of finance and economics. Generalized financial economics includes capital market theory, corporate finance theory and research methods, such as mathematical finance and financial market econometrics; Financial economics in a narrow sense focuses on the establishment mechanism of financial market equilibrium, and its core is asset pricing. Next, I would like to share with you my major in financial economics in the UK. Wonderful! Come and see the application requirements and popular colleges.

First, the advantages of studying financial economics in the UK

There are 486 foreign banks in London, more than any other financial center. In contrast, there are only 267 in Frankfurt, 266 in Paris and 253 in new york.

/kloc-more than 0/80 foreign securities trading centers are the largest and most concentrated financial services and trading markets in the world today. Among them, London Stock Exchange (LSE) is one of the four largest stock exchanges in the world.

The British insurance industry ranks first in Europe and third in the world, with a net premium income of 654.38+080 billion pounds in 2008. Britain is also the world's leading aviation and marine insurance market, accounting for 23% of the global share.

London's foreign exchange trading market is the largest in the world, accounting for 365,438+0% of the global trading volume, exceeding the sum of new york and Tokyo.

London is the world's largest OTC derivatives market and the second largest futures and options market.

In addition, in Britain, almost all major international banks and financial institutions in the world have headquarters or offices and branches; Three of the world's top four law firms and more than 200 foreign law firms are located in Britain. In The Times' ranking of the world's top 500 companies, Britain has 40 companies, surpassing all other European countries. It can be said that its every move drives the world economy.

Because finance is so important in the British economy, it can even be said that it affects the whole body, which shows the position of the financial industry in the whole British society. So Britain attaches great importance to finance, and the financial industry is also very popular. It is under the influence of such an international financial center that world-class financial education can be derived.

Second, the British financial economics professional application requirements

1, excellent grades, equivalent to UK 1 or 2: 1 degree;

2.GMAT or GRE (there is no explicit provision, but according to past cases, please prepare according to GMAT700+);

3. IELTS 7.5 or TOEFL110;

4. Work experience is not necessary. Students with no work experience account for 50%-70% of the school's enrollment plan, but if they have good work experience, they can increase their advantages;

5. An essay question needs to be answered in the application.

Three, the British financial economics professional application success cases

1. Adjust your mentality and successfully apply for the major of financial economics in Oxford University.

Name: classmate l

Undergraduate Major: Finance and Economics+Accounting

Apply for a degree: master's degree

Intention major: financial economics

Software background: Students have a good software background.

2. Successful application case of financial economics major in Birmingham University.

Name: M classmate

Undergraduate major: finance

Apply for a degree: master's degree