MSc Quantitative Finance

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MSc Quantitative Finance

  • Entry requirements Entry requirements Applicants for MSc programmes should have at least a 2.1 Honours degree, or equivalent non-UK degree. Normally, this should be a degree in economics or finance or a joint degree containing a significant amount of economics.
  • Academic title MSc Quantitative Finance
  • Course description MSc: 12 months full-time; 24 months part-time
    PgDip: 9 months full-time; 18 months part-time taken over two sessions

    This programme offers training in the core areas of finance. It is state-of-the-art, drawing on recent developments in each of the subject areas with a quantitative approach to understanding the structure of financial markets and forecasting their expected movements. The constituent courses will develop both your understanding of theory in lecture-based teaching and its practical application in computer labs allowing you to develop real-life skills, such as pricing financial derivatives and forecasting exchange rates.

    We expect graduates from this programme to gain employment in financial institutions, government organisations and international organisations such as the International Monetary Fund and World Bank. The programme also provides a strong foundation for PhD research, particularly for our PhD in Quantitative Finance.

    Content

    You will take six compulsory courses. You will write a dissertation of between 12,000 – 15,000 words.

    If you have a strong econometric background you may, subject to the approval of the Programme Director, be exempted from Basic Econometrics and you may choose one elective course.

    The compulsory courses are:

    •    Modelling and forecasting financial markets
    •    Financial derivatives
    •    Financial engineering
    •    Financial markets and portfolio analysis
    •    Mathematical finance
    •    Basic econometrics.

    Students exempted from Basic econometrics may choose ONE elective from the following list:
    •    International finance and money
    •    Macroeconomics
    •    Microeconomics
    •    Monetary policy and the role of central banks.
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