MSc in Quantitative Finance

Overview

The MSc in Quantitative Finance provides a rigorous grounding across a wide range of mathematical modelling methods and techniques for financial markets. From the pricing and hedging of financial securities to managing the risk in portfolios of equity, fixed income and derivative securities. A challenging programme, it equips students with the necessary theoretical, mathematical and computational skills needed to pursue a rewarding career in finance. Ambitious students with an educational background in Economics, Finance or STEM (Science, Technology, Engineering, and Mathematics) subjects and with a proven quantitative talent will be ideally suited to this programme. For graduates wishing to pursue further the theoretical dimension to the discipline, the curriculum content also provides the perfect basis for a Ph.D. in Finance.

The course was awarded Risk Management Accreditation by the Professional Risk Managers International Association (PRMIA), confirming the suitability of the course for preparing graduates for a career as professional risk managers. Graduating students obtain exemptions to PRMIA level 1 and 2 exams.

The programme can be undertaken on a full-time or part-time basis. The part-time option enables current professionals with the relevant background to combine working life with study, however this is dependent on students’ employment commitments.  Note that this is not a dedicated part-time programme and that part-time students will be required to attend lectures, tutorials and complete group assignments in conjunction with the full-time cohort, for whom the schedule is primarily during working hours for a block of hours on several days a week.  Modules in autumn trimester will be delivered in a compressed format meaning that modules are taught intensively over two 6 week periods, requiring additional attendance at lectures and tutorials. Employer support is therefore essential.

Collaboration with the Yale School of Management, USA.

A select small number of MSc Quantitative Finance students are offered the opportunity to remotely take a Security Analysis and Valuation module, which is delivered by Yale School of Management in the USA.  The module is delivered in the autumn trimester and would replace the core Financial Analysis module.  Fully accepted students will be invited to apply for this module in August. Note: this module will be offered subject to the availability of the Yale School of Management.