MFE meaning in Educational Degree ?

A master's degree in Financial Economics provides a rigorous understanding of theoretical finance and the economic framework upon which that theory is based. The degree is postgraduate, and usually incorporates a thesis or research component. Programs may be offered jointly by the business school and the economics department.

The nature of the degree differs by university. Generally, the degree is largely theoretical, and prepares graduates for research positions, for doctoral study in economics, or for roles in applied economics. Some are positioned as professional degrees, preparing graduates for careers in investment banking and finance,and are comparable to the Master of Science in Finance, though with an increased weighting towards economic theory. In some cases, programs are substantially quantitative and are largely akin to a Master of Quantitative Finance.

Closely related degrees include the "Master of Finance and Economics" and the "Master of Economics with a specialization in Finance". Recently, undergraduate degrees in the discipline are offered.

The degree is gaining in recognition: Oxford's Financial Economics MSc is first ranked worldwide amongst all Masters in Finance programs.