Finance and economics are both business-related courses, but their scope and content differ. Economics involves the study of production, consumption and distribution of goods and services. Finance focuses on how money flows through the market, including business, personal and institutional finances.
Colleges and Universities Offering Master of Science in Economics and Finance in Ghana are:
KNUST
Ghana Communication Technology University
Admission Requirements
The MSc. Economics is an advanced degree programme in the Economic Sciences focusing on training both Ghanaian and Foreign nationals for industry both at home and abroad. The entry requirements for admission to the programme for both Ghanaians and foreign nationals are as follows:
Applicants must hold a good Bachelor’s degree, preferably Second Class (Lower Division) or better from a recognized tertiary institution in the following disciplines: BA/BSc Economics, BA/BSc Economics (with Finance, Mathematics, Statistics, Geography, Law, Sociology, Political Science, and History etc.); Bachelor of Business Administration, BSc Mathematics/Statistics/Engineering /Physics/Actuarial Science/ Environmental Science/ Land Economy/Natural Resource Management; BA/BSc Geography/Geography and Resource Development/Geography and Rural Development/Geography and Regional Planning; BA/BSc Development Studies; and related disciplines. Applicants without Bachelor’s degree must have a Master’s degree from a recognised tertiary institution in any of the disciplines listed above. Admission is subject to passing an entrance examination and interview. Ghanaian applicants must have completed their national service at the time of enrollment.
Duration
The full duration of the programme will be one-year, comprising two semesters of coursework (August – December; Semester I and January – May; Semester II) and a period for internship and dissertation write-up (June – August).
What can you do with a master’s in financial economics?
Experts in financial economics work in the following roles: financial analyst, equity research analyst, policy analyst, securities analyst, quantitative analyst, capital market associate, asset manager, corporate finance manager, investment banker, commercial banker, financial engineer, staff economist, market .
Which is better MBA or MA in economics?
MBAs are more expensive to obtain than a master’s in finance or economics. MBA programs are broader, while master’s programs in economics and finance are deeper.
A master’s in finance or economics typically requires a stronger background in mathematics. Median salaries may be higher for MBAs, depending on the job.