Master of Science in Applied Financial Economics

The Master of Science in Applied Financial Economics at Saint Louis University is meticulously crafted for those who aspire to excel in the dynamic realm of financial economics. This program stands out not only for its academic rigor but also for its robust emphasis on practical application, preparing graduates to meet the ever-evolving demands of the finance sector. With a well-structured curriculum that spans essential areas such as investment analysis, economic modeling, and risk management, students gain a comprehensive understanding of financial systems and their intricate workings.

The curriculum is designed to provide a balanced mix of theoretical knowledge and hands-on experience. Core courses delve into quantitative methods, financial markets, and economic theory, ensuring that students are well-versed in both the fundamentals and advanced concepts of financial economics. Elective courses offer additional specialization in areas such as financial data analysis, international finance, and behavioral finance, allowing students to tailor their studies to their career aspirations. Students can also engage in real-world projects and case studies, further bridging the gap between academia and industry.

A significant advantage of the Master of Science in Applied Financial Economics program is the access to esteemed faculty members who are experts in their respective fields. Instructors bring a wealth of professional experience and academic knowledge, enriching the learning experience. Their commitment to teaching and mentorship fosters a nurturing environment where students can thrive. Faculty often involve students in their research projects, providing invaluable opportunities for collaborative learning and professional development.

Research is an integral part of the program, with the university offering extensive resources and facilities to support student initiatives. The Richard A. Chaifetz School of Business is equipped with state-of-the-art laboratories and research centers that encourage innovative exploration in financial economics. Students have the chance to work on real data analyses, economic forecasting, and financial modeling, making them proficient in contemporary financial practices. Moreover, engagement with industry partners allows students to apply theoretical concepts in practical settings, enhancing their learning and preparing them for future career challenges.

Networking is another key component of the program, as Saint Louis University has established strong links with various corporations and financial institutions. Students can benefit from internships and job placements, facilitated by the university's dedicated career services team. Opportunities to interact with industry leaders through guest lectures, workshops, and career fairs further enrich the student experience and provide invaluable insights into the finance industry. The university’s strategic location in Missouri also positions it favorably for students to connect with a vibrant financial community.

As graduates from the Master of Science in Applied Financial Economics program, students can pursue diverse career pathways in sectors such as investment banking, financial analysis, risk management, and economic consulting. The program prepares them for roles such as Portfolio Managers, Economists, Quantitative Analysts, and Data Scientists. The average base salary for graduates is approximately $75,000, with some reaching up to $80,000 based on their expertise and job roles. Alumni have successfully landed positions at prestigious firms, showcasing the program's effectiveness in preparing students for successful careers.

The program not only equips students with technical skills but also fosters essential soft skills such as critical thinking, problem-solving, and effective communication. Through collaborative projects and presentations, students learn to articulate complex financial concepts clearly and concisely, a crucial ability in today’s fast-paced work environment.

In addition to its comprehensive curriculum and esteemed faculty, the program boasts a vibrant and diverse student community, with international students making up approximately 34.1% of the class. This diversity enriches discussions and promotes a global perspective on financial issues, allowing students to gain insights from various cultural viewpoints. The average age of students is 25, with around 2 years of work experience, creating a mature learning environment where individuals can share their professional insights and experiences.

Admission to the program requires certain prerequisites, including a strong academic record, as evidenced by transcripts, letters of recommendation, and a professionally prepared resume. Prospective students must also demonstrate proficiency in English through standardized tests such as TOEFL, IELTS, PTE, or Duolingo. The application deadlines are set for November 1st for the Spring intake, allowing ample time for prospective students to prepare their applications.

Why Study Applied Financial Economics at Saint Louis University

• A popular choice for international students with a diverse community that fosters cross-cultural learning and collaboration.
• Exceptional faculty members with extensive industry experience, who serve as mentors and research advisors.
• Access to high-end labs and research resources that facilitate innovative research and practical experience.
• Comprehensive placement programs and strong industry connections that enhance job readiness and career prospects.
• A supportive alumni network that provides guidance and opens doors to various career opportunities.