|Nominal duration||2 years (120 ECTS)|
|Tuition fee||₺28,950.00 per programme|
|Application fee||$100.00 one-time|
Undergraduate diploma (or higher)
Certificate of residence permit or passaport photocopy (with student visa page)
The entry qualification documents are accepted in the following languages: English / Turkish.
Often you can get a suitable transcript from your school. If this is not the case, you will need official translations along with verified copies of the original.
Equivalency document for the foreign undergraduate Diploma (proof of equivalency can be provided from Turkish Embassies in the home country or at the Provincial Department of Education Istanbul.
You must take verified copies of the entry qualification documents along with you when you finally go to the university.
At least 2 reference(s) must be provided.
A motivation letter must be added to your application.
M.Sc. program in Financial Economics aims to train specialists who will able to analyze the impact of potential economic developments to financial markets, to structure financial products via the evaluation of the results that are borne out of financial models created with quantitative and analytical methods, to work in the treasury, risk management or research departments of the financial institutions. Furthermore, the program is designed to provide a strong background to students aiming to continue their education at doctorate level. To this end, the courses offered in the program are mainly based on econometrics, macroeconomics, derivatives pricing and risk management.
The course load of the program consists of a total of ten courses and a final project. Instead of a final project, students have the option of writing a master’s thesis. The master’s thesis is expected to be more comprehensive than the final project. The students who would like to graduated with the master thesis have to take eight courses. As an alternative to the main Financial Economics curriculum, the program offers its students an area of specialization, called ‘path’ (Quantitative Finance path) and it is reflected on the diploma. The official designations and the structures of the main program and the path are as follows :
Master’s Program in Financial Economics:
5 core courses plus 5 electives
Master’s Program in Financial Economics – Quantitative Finance:
8 core courses and 2 electives
The elective courses can be elected from the areas of finance, economics, accounting, and econometrics.
In addition to the coursework, practitioner and academic presentations covering econometrics, applied economics and all fields of finance enhance the program throughout its duration.
After completing the course load, a student must also submit a final project to graduate. The final project, which is supervised by a faculty member, requires the student to put into applied use the analytical and quantitative skills acquired through his or her course work.
The duration of MSc in Financial Economics Program is minimum three semesters. However, in consideration of the time restrictions of students, the program is designed in a flexible manner, allowing them to arrange their own schedules. Students are required to register in at least two per semester. Students are obliged to complete the program in maximum six semesters. Courses are held between 19:00 and 22:00 during weekdays and between 10:00-16.00 on Saturdays.