MSc Quantitative Finance / Course details
Year of entry: 2021
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The course is particularly suitable for students with a degree in Finance, Financial Economics, Actuarial Science, Engineering, and Mathematics (see entry requirements ), as well as relevant work experience (non-compulsory). It is also suited to those wishing to gain salary enhancements, or students wishing to pursue advanced studies in quantitative finance.
- Learn how to forecast and manage risk and return
- Gain the skills to price any financial instrument
- Learn how to engineer new methods and financial products
- Build advanced knowledge of the main theoretical and applied concepts in quantitative finance, financial engineering and risk management, using current issues to stimulate your thinking
- Prepare for careers involving the design and management of new financial instruments, the development of innovative methods for measuring, or predicting and managing risk.
We have teamed up with Kaplan Schweser to facilitate student preparation for the CFA exams.
- MSc Accounting , MSc Accounting and Finance , MSc Finance and MSc Quantitative Finance course students who perform well in Semester one and show a strong interest in CFA will get free access to Kaplan's online training materials for CFA Part One.
- Gain student support from Kaplan with access to tuition material, online question banks and progress tests, and mock exam runs. Plus tutor support and 1-2-1 sessions.
- The CFA Program builds a strong foundation of advanced investment analysis and real-world portfolio management skills.
- Take the first step to earning the Chartered Financial Analyst ® (CFA) credential to prepare for the Level I exam
- The CFA is the most respected and recognised investment designation in the world.
Trading BootCamp Week
Together with Amplify Trading , a global financial trading and training firm, we offer a week long Trading BootCamp for MSc Accounting, MSc Accounting and Finance, MSc Finance and MSc Quantitative Finance course students.
- experience a live trading floor provided by two experienced traders with specialist software
- engage with contemporary financial markets and apply your classroom theory in practice
- watch live breaking news, economic data and geo-political events, and use your knowledge and skills in trading different asset classes
- a fantastic opportunity to prepare you for successful careers after graduation.
The Finance Zone
- gain access to one of the UK's most comprehensive collections of specialist financial and business databases that are used by top researchers around the world.
- Databases include Bloomberg, Datastream, Thomson ONE, Compustat, WRDS, Capital IQ and many more. Read more about the specialist financial and business databases >>
Our accounting and finance division courses are now affiliated with the Worshipful Company of International Bankers (WCIB). Every year the best dissertation out of the following four courses will receive the WCIB Prize worth £300.
- MSc Accounting
- MSc Accounting and Finance
- MSc Finance
- MSc Quantitative Finance
The winner will also enter the competition for the prestigious WCIB Lombard Prize .
Coursework and assessment
Course unit details
During the course you will be taking 180 credits in all. The eight taught units during semester one and two total 120 credits and consists of both compulsory and optional taught units which can be viewed in the list below.
Over the summer period, you will carry out your Research Dissertation, worth 60 credits. The dissertation gives you the opportunity to apply what you have learned in the taught part of the course. Our topics are aligned with the research interests of leading financial institutions from the City of London and internationally.
Examples of recent dissertation project topics include:
- Approximation of CVA/DVA/FVA
- FVA and MM - quantitative analysis/illustration Continuous rainbow options on commodity outputs
- Investigating dynamics and determinants of risk-neutral PDs
- Using hazard models to forecast corporate bankruptcy
- Analysing asset pricing implications from real options models
- Pricing sovereign CDS contracts
- Estimating liquidation probabilities of hedge funds
Course unit list
The course unit details given below are subject to change, and are the latest example of the curriculum available on this course of study.
|Interest Rate Derivatives||BMAN63012||15||Mandatory|
|Asset Pricing Theory||BMAN70381||15||Mandatory|
|Time Series Econometrics||BMAN71122||15||Mandatory|
|Stochastic Calculus for Finance||BMAN71541||15||Mandatory|
|Credit Risk Measurement and Management||BMAN71572||15||Mandatory|
|Risk, Performance and Decision Analysis||BMAN60092||15||Optional|
|Cross Sectional Econometrics||BMAN70211||15||Optional|
|Displaying 10 of 14 course units|
|Display all course units|
Scholarships and bursaries
Masters scholarships for Accounting and Finance programmes for UK/EU students
We are delighted to be able to offer five scholarships available across the four Accounting and Finance programmes with a value of £10,000 towards the cost of the tuition fee. The scholarships will be awarded in line with our scholarship deadlines so early application is advisable. Read more >>