Financial Mathematics MSc
Postgraduate
In London
Description
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Type
Postgraduate
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Location
London
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Duration
1 Year
The financial services industry place great emphasis on raising the level of mathematics used in banks in applications to pricing, hedging and risk management. This MSc provides students with the skills necessary in mathematics, statistics and computation for a career in this fast-developing field.
Facilities
Location
Start date
Start date
About this course
Many students have progressed to careers in financial services in the City of London or in their home country; a number of graduates have proceeded to a PhD.
A minimum of an upper second-class Bachelor's degree in a relevant discipline from a UK university or an overseas qualification of an equivalent standard.
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Subjects
- Risk
- Risk Management
- Statistics
- Mathematics
- Financial Mathematics
- Financial Training
- IT risk
- Finance
- GCSE Mathematics
- Financial
Course programme
Students will develop a detailed understanding of the application of mathematics, statistics and computation to problems in finance, and will gain the necessary practical tools for the pricing, hedging and risk management of a diverse range of financial products in several asset classes.
Students undertake modules to the value of 180 credits.
The programme consists of four core modules (60 credits), four optional modules (60 credits) and the research dissertation (60 credits).
A Postgraduate Diploma will be offered to the students that have completed 8 taught modules (120 UCL credits).
A Postgraduate Certificate will be offered to the students that have completed 4 taught modules (60 UCL credits).
Core modules- Statistical Methods and Data Analytics
- Finance and Numerics
- Market Risk and Portfolio Theory
- Asset Pricing in Continuous Time
- MSc Project
Four modules must be chosen from the following list.
- Interest Rates and Credit Modelling
- Topics in Financial and Insurance Mathematics
- Stochastic Processes
- Mathematics and Statistics of Algorithmic Trading
- Applied Computational Finance
- Quantitative Modelling of Operational Risk and Insurance Analytics
- Forecasting
All MSc students undertake an independent research project, which culminates in a research report of approximately 10,000 words.
Teaching and learningThe programme is delivered through a combination of lectures, practical classes, tutorials and problem-solving exercises. Assessment is through written papers, coursework, examinations and the research report and presentation.
Additional information
Financial Mathematics MSc