This program gives a thorough study of both finance and economics. Finance is a conceptual framework that unites corporate finance, investments, and financial institutions and shows how firms should be managed to increase wealth. On the other hand, economics integrates concepts and the application of the economic tools of analysis to a wide variety of situations. It covers the economy since its earliest intellectual contributions to the evolution of contemporary economic philosophy. This program is designed from a decision-making perspective to deal with the practical and real-world financial-economical problems that confront executives daily.
We also offer this program as a bachelor's or Ph.D.
Finance & Economics Online via distance learning
This module is applicable to Specialist, Expert, Bachelor's, Master's & Ph.D. (Doctor) Degree Programs. This academic program is designed at the postgraduate level (Master’s or Doctoral). This module may also be adapted to complete the course requirements of Specialist, Expert Diploma, or Bachelor’s Degree. A further option is an enrollment into each of the courses listed within this specialization module. This module may be combined or completed with other modules from this faculty. For example: Accounting - Bank Management - Business & Economic Consulting - Cryptocurrency - Econometrics - Economic Science - Engineering Economics - Financial Intelligence - Financial Management - Financial Science - Microfinance.
Method of instruction: Distance Learning Higher Education
This distance learning education program is completed by a traditional correspondence instruction method. Once you sign up for the course, Bircham International University will send you (to your mailing address) the suggested textbooks. After reading the book, you will be asked to write a 20 to 35 pages report that reflects your understanding of the book. This report is equivalent to the exam and can be submitted by email or mail. Bircham International University will evaluate your written work. If passed, BIU will issue the corresponding diploma. For more instructions about BIU pedagogy, tutoring, and evaluation, please read our distance learning education study guide.
Students enrolling in this distance education program should be aware that:
Location: Bircham International University needs a functional geographical location to ship the book and materials for successful completion of this program of study.
Communication: Email, courier, phone are key communication instruments with Bircham University that play an important role in the progress and support of this program of study.
Capacity: Any impediment, physical or psychological, to read a book and write a report must be communicated to Bircham International University prior to enrollment into this distance learning program.
Technology: No specific technology is required to complete this distance education program.
Language: Book reading and report writing in another language other than English must be requested (and approved by BIU) prior to enrollment in any distance learning program.
Discrimination: There is no discrimination with respect to race, color, gender, beliefs, or religion.
Age: Check the admission requirements for each distance education degree program.
Duration - Finance & Economics Online via distance learning
For a program of 21 credits, the estimated time for completion is 21 weeks. For 45 credits, the estimated time for completion will be 45 weeks, and so on. Calculations are approximate. The length of each distance learning degree program is calculated based on an average of 15 hours of learning per week. It also depends on the number of validated credits from previous knowledge and the level of commitment to the studies.
Master's Degree - Finance & Economics Online
Tuition Fee: Min. 4.680 Euros (6.120 US$) | Max. 7.020 Euros (9.180 US$).
Master's Degree Online: 36 - 54 Academic credits required for this distance learning degree program.
Composition: Finance & Economics via distance learning = 45 Academic credits + Additional courses may be selected from other modules in the Faculty of Business & Media from Bircham International University if required. This selection must be approved by the Distance Learning University Education Board. For example Economic Science. + 13 Academic credits (Research methodology and final project or thesis).
Courses list (each subject accounts for 3 academic credits):
1 BIU Earned Credit = 1 USA Semester Credit (15 hours of learning) = 2 ECTS Credits (30 hours of study).
You may study any subject as an independent online continuing education course.
Finance & Economics
This course deals with the principles of business finance and the functioning of the market economy with emphasis on the role of finances in determining the allocations of resources, the functioning of the firm in the economy, and the forces governing the production of economic goods. It focuses on using economic and financial analysis in managerial decision-making.
Academic Supervisor: Dimitrios Nikolaou KoumparoulisMoney & Banking
This course examines the principles of money, credit creation and banking; the organization, operation, and control of the banking system; and the relationship between the quantity of money and the level of economic activity. It provides a theoretical and applied analysis of money, banking, and financial markets.
Academic Supervisor: Dimitrios Nikolaou KoumparoulisFinancial Science
This course of financial science explains the role of finance in business to make sure there are enough funds to operate and that money is spent and invested wisely. It shows how to keep a business operating smoothly without running out of cash while also securing funds for longer-term investments.
Academic Supervisor: George IatridisEconomic Science
This course of economics science studies theoretical, empirical, methodological, and policy-relevant knowledge using economic parameters. It explores the intersection of economics and other disciplines, revolving around the relationships between individuals, societies, and the economy.
Academic Supervisor: Nadège Noële Ango-ObiangMicro & Macro Economics
This course examines the principles and variables of microeconomics: theory of the consumer, theory of the firm, perfect and imperfect competition, welfare economics, and selected topics in general equilibrium and uncertainty. It also covers the principles and variables of macroeconomics: models of aggregate supply and demand, theories of consumption and investment, money supply and demand, inflation, rational expectations, stabilization policy, financial markets, and international finance.
Academic Supervisor: Dimitrios Nikolaou KoumparoulisIndustrialized Countries Economy
This course explores the political and economic systems of advanced industrialized societies. It covers immigration, globalization, social movements, factors affecting business operations in developed countries, international integration, and multinational investment and activities.
Academic Supervisor: Nadège Noële Ango-ObiangFinancial Accounting & Analysis
This course shows how to interpret financial reporting and accounting to make useful business management and investment decisions. Main financial and accounting statements are analyzed: balance sheet, income, cash flows, cost accounting, cost-volume analysis, budgeting, and capital budgeting.
Academic Supervisor: George IatridisFinancial Management
Financial management and analysis are some of the most important and valuable skills for today's managers and executives. It is essential to understand the impact of daily decision-making on an organization's financial performance. This course gives the essential tools, strategies, and tactics for analyzing and improving the financial dimensions of operating decisions.
Academic Supervisor: George IatridisFinancial Markets & Institutions
This course illustrates the operations and regulations of financial institutions, as well as the importance of financial markets for both businesses and the consumer. Key concepts covered include the role of financial markets in society and the financial transactions in a global environment. It also provides a framework for understanding the major institutions of capital markets, such as banks, money managers, pension funds, and insurance companies.
Academic Supervisor: Dimitrios Nikolaou KoumparoulisEconomic Development
This course deals with the performance and problems of developing countries in relation to growth, employment, structural change, and human development. It analyzes several theories and paradigms of development, sources of economic growth, and the policies used to promote industrialization, trade, and sustainability. It considers different development strategies adopted by several countries.
Academic Supervisor: Nadège Noële Ango-ObiangCorporate Finance
This course focuses on the techniques used by corporate financial managers to assure liquidity and minimize the risk of bankruptcy. In addition to liquidity assessment, the course examines investment of surplus funds, cash management, risk management, credit/accounts receivables analysis, inventory management, and short-term financing alternatives.'Academic Supervisor: George IatridisCapital Markets
This course discusses the operation of capital markets from the perspective of investments (buy-side) and corporate finance (sell side). It examines how investors construct portfolios consisting of securities with differing risk and return characteristics. It reviews capital budgeting, financing decisions, methods for evaluating and controlling risk, and compliance with regulatory requirements and processes.
Academic Supervisor: Dimitrios Nikolaou KoumparoulisCreating & Managing Value
This course analyzes the decisions that companies must confront when they are generating and managing the value of the firm. Topics will include investments in new projects, debt financing, capital structure, mergers, acquisitions, and the sale of companies.
Academic Supervisor: Kao Kveng HongInvestment Strategies
This course deals with the theory and practice of portfolio management. Topics include alternative techniques for designing investment portfolios and the criteria for revision and performance evaluation. It also discusses portfolio insurance, the use of options and futures markets, and international topics, ethics, and social issues affected by investment strategies.
Academic Supervisor: Dimitrios Nikolaou KoumparoulisEconomic Analysis
This course examines the theory and applications of several instruments of business economic analysis: production technologies, cost and profit, perfect and imperfect competition, individual choice preferences and demand, and the market-based system (price formation, efficiency, and welfare). It considers the use of economic analysis for problem identification, problem-solving, critical thinking, consultation, project management, and strategies for effectiveness.
Academic Supervisor: Mario V. González Fuentes
Admission requirements - Finance & Economics
For official admission status at Bircham distance education university; you need to send in a filled out, dated, and signed official Application for Admission. You may download this application form from the website or request it by email or mail. Please send this application and enclosed documents to our address. You may also submit this application and attached documents by email in a PDF Format.
Bircham International University issues an admission certificate after receiving your complete application for admission. This document will show the number of credits transferred and validated from previous education and experience, and the number of credits required to complete the distance learning degree program's major. Bircham University can not perform this evaluation without the complete application for admission.