Financial Economics
Master of Arts
The Master of Arts in Financial Economics focuses on the study of economics and financial principles related to U.S. and international financial systems.Earning your Master of Arts in Financial Economics provides deep knowledge of history, institutions andworld economy. The program addresses moral and ethical issues related to the field of finance.
Financial Economics defines the management structure of a business, explores industry-specific trends, and breaks down the fundamentals of risk and return evaluation for investors. Earning your M.A. in Financial Economics from Detroit Mercy teaches you investment strategies while measuring prices, interest rates, money flows and the financial markets and the globalization process. This program compares financial instruments relevant in today's faced-paced world.
The program includes some data analytics courses (electives) that students can use for advancement in the job market. A Master of Arts in Financial Economics gives students adaptability to the labor market, and adds an additional layer of analytical skills beyond a typical business-oriented finance degree.
The Detroit Mercy Economics program is ranked as:
#6 in Best Value Colleges for an Online Master's in Economics from collegevaluesonline.com
#6 in Great College Deals Top Online Degrees from greatcollegedeals.net
#7 in 2020 Most Affordable Online Master's in Economics from onlineeu.org
#10 in 2021 Best Master's of Financial Economics Programs from tfetimes.com
#10 in The Best Online Master's in Economics Degree Programs from thebestschools.org
Top 30 Most Affordable Master's in Economics Programs from bestcollegesonline.org
Program Benefits
- Begin the program in fall, winter or summer.
- For full time students, the program can be completed in one year.
- The program is offered completely online or at Detroit Mercy's McNichols Campus, with the online program being offered at a substantial savings.
- Small class sizes allow professors and students to interact for effective teaching and learning.
- No GRE/GMAT required.
Career Pathways
Earning your Master of Arts in Financial Economics provides deep knowledge of monetary and fiscal policy, markets, and world economy. Individuals with graduate degrees in financial economics can be found in business, finance and government as managers, financial analysts, financial advisors and policy advisors.
While you are a student completing courses relevant to the world of finances, you will also have opportunities to work with expert financiers as instructors and research leads. Our faculty have areas of expertise in labor economics, health economics, network economics, banking, investment banking, international economics and political economy.
Course Tuition & Fees*
Students taking courses online realize a substantial cost savings. Please click here for the fee and tuition schedule for online programs.
*Note: Online only students are not eligible to take classes at the McNichols Campus. Students who elect their course of study at the McNichols campus are not eligible to take classes online at the discounted rate.
To learn more or request information, email: camaraab@udmercy.edu.
Yu Peng Lin, Ph.D. teaches Microeconomics, Macroeconomics, Financial Economics, Money and Capital Markets, Macroeconomic Policies, and Econometrics. Lin's research and publications have dealt with employee compensation strategies, human resource management, and productivity. He has published three textbooks and many research articles appearing in academic journals such as Industrial Relations and British Journal of Industrial Relations. He is currently doing research in the area of top executive compensation in an international context, the relationship between managerial compensation and firm survival, and information asymmetry. He holds a Bachelor of Arts (International Trade) from Tunghai University, a Master of Science (Finance) from University of Colorado, and a Master of Arts and doctoral degrees (Economics) from the State University of New York at Buffalo. He joined the University in 2011
2023-24
To obtain a Master of Arts in Financial Economics, the candidate must successfully complete a minimum of 30 credit hours of required graduate-level economics courses. (A student completing a Bachelor of Arts with a major in Economics or Financial Economics from Detroit Mercy may not repeat an equivalent graduate course without the consent of the advisor or chairperson.)
Students will complete the following courses:
Required Courses (24 credits)
| ECN 5100 | Economic Analysis of Enterprises | 3 cr. |
| ECN 5120 | Analysis of Economic Conditions | 3 cr. |
| ECN 5150 | Quantitative Foundations of Economic Analysis | 3 cr. |
| ECN 5400 | Financial Economics | 3 cr. |
| ECN 5460 | Money and Capital Markets | 3 cr. |
| ECN 5640 | Financial Economics II | 3 cr. |
| ECN 5660 | International Monetary Analysis | 3 cr. |
| ECN 5850 | Seminar in Monetary and Fiscal Policy | 3 cr. |
Elective Courses (6 credits)
Two additional Economics Electives from the Following:
| ECN 5200 | Economic Policy | 3 cr. |
| ECN 5300 | Economic Ideas in Perspective | 3 cr. |
| ECN 5350 | Comparative Economic Systems | 3 cr. |
| ECN 5450 | Economics of the Public Sector | 3 cr. |
| ECN 5650 | Theory of International Trade | 3 cr. |
| ECN 5700 | Economic Development | 3 cr. |
| ECN 5800 | Economic Modeling for Data Analysis | 3 cr. |
| ECN 5810 | Advanced Money and Capital Markets | 3 cr. |
| ECN 5950 | Individual Readings and Research | 3 cr. |
| Total: | 30 cr. |
Admissions Criteria
Prerequisites and Admission Requirements
In order to be admitted to the Master of Arts in Financial Economics program, an applicant must meet entrance requirements of Detroit Mercy. The applicant must also have completed a baccalaureate or advanced degree from a regionally accredited college or university with a minimum cumulative GPA of 3.0 or better. In certain cases, additional prerequisites may be required.
Degree Requirements
To obtain a Master of Arts in Financial Economics, the candidate must successfully complete a minimum of 30-credit-hours of required graduate-level economics courses. (A student completing a B.A. in Economics or Financial Economics from Detroit Mercy may not repeat an equivalent graduate course without the consent of the advisor or chairperson.)