KSMS
 
Master of Financial Economics(MFE) PDF Print E-mail

Preamble
The Financial Sector  is increasingly seeking for technologically and professionally well equipped international financial professionals. The master’s programme in Financial Economics has a unique multidisciplinary approach that integrates the fields of finance, economics and quantitative techniques.  MFE programme provides outstanding training in the tools of financial economics in demand by private and public institutions.
Admission Requirements:
A candidate must satisfy any of the following minimum requirements in addition to specific programme requirements:
Either
a) Be a holder of a Bachelors degree in either finance, economics, or any other equivalent field with at least Upper Second Class honours or its equivalent from an institution recognized by the University Senate.
Or
b) Be a holder of a Bachelors degree in either finance, economics, or any other equivalent field  with Lower Second Class honours provided the candidate can show proven evidence of research ability and/or three (3) years experience in a relevant field.
Or
c) Be a holder of a Bachelors degree in either finance, economics, or any other equivalent field with a PASS or its equivalent from any institution recognized by the University Senate provided such candidates have proven research ability and/or relevant work experience of five (5) years.
Or
d) Be a holder of  Postgraduate Diploma in Business Sciences of KSMS/JKUAT will be admitted with exemption of at most six (6) units offered in the first two semesters of the Masters and only equivalent in content and bear the same codes as those offered at Masters level.
e) Possession of  the minimum  entry requirements does not guarantee automatic admission to the Masters degree.

Programme  Objectives:
The board objectives of the MFE programme  is to  provide a solid Foundation, for  the participants, in the area of Financial Economics. At the end of this programme, participants will be able to among others to:
i) Apply economic and econometric tools on contemporary financial issues.
ii) Acquire subject-specific skills for employment or further study.
iii) To acquire the ability to design public policies.

Target Audience
This programme targets those working or intending to work in multinational corporations, banks, private equity houses, insurance companies, asset management institutions and government institutions such as central banks and offices of the budget.

Unit Codes and Title

 Semester 1
HCEF 3102: Introduction to Finance
HCEF 3103: Mathematics for Economists
HCFE 3101: Advanced Micro-Economics
HCFE 3102: Economics of Finance
HCFE 3103: Project Appraisal and Investment
HCFE 3104: Financial Intermediation and Services
 Semester 2
HCEF 3107: Applied Statistics 
HCEF 3108: Operations Research
HCEF 3111: International Finance
HCEP 3105: International Economics
HCFE 3105: Advanced Macroeconomics 
HCFE 3106: Economics of Uncertainty and information
 Semester 3
Core Units
HCFE 3107: Seminar Paper on Financial Economics
HCEP 3109: Public Sector Finance and Management
HCEF 3113: Research Methods
HCEF 3115: Applied Econometrics
Electives (Any 2 Units)
HCFE 3108: Economic Policy and International Institutions
HCFE 3110: Monetary Economics
HCEF 3119: Global Financial Markets
HCFE 3112: Contemporary Issues in Financial Economics
 Semester 4
HCFE 3113  : Research Project
HCFE 3114: Internship Programme
Last Updated on Tuesday, 30 March 2010 14:42