In the wake of the recent financial crises, a better understanding of financial risk management will play an extremely important role.
The MSc Financial Risk Management has been designed to meet the demand from the financial sector for individuals with expertise in this field. The programme is demanding and challenging. Its intention is to equip you with the broad range of statistical and mathematical tools needed to tackle practical real-world problems in financial risk management.
Upon successful completion of this programme, you will have the expertise to:
- identify and manage the major sources of risk in the financial markets
- understand the role of financial derivative products, their use (and misuse) and how they are priced
- analyse financial data and specifically build risk models, detect trends in data, test a given hypothesis and forecast future values
- build an investment portfolio (of risky assets) and carefully monitor its performance through time.
How to apply
Application deadlines and interviews
No specific deadline, but application as early as possible.
Financial Risk Management (MSc) (Part-time)
Financial Risk Management (MSc) (Full-time)
The programme begins with a September module in Quantitative Techniques, which introduces you to mathematical and statistical techniques. You must pass examinations in this module to progress to the MSc programme itself.
The option modules offered may vary from year to year and depend on factors such as timetables and student demand.
The normal requirement is a first-class or good second-class degree (2:1 or better) from a UK university, or an overseas university qualification of an equivalent standard in a quantitative subject, such as mathematics, physics, statistics, economics or engineering.
Alternatively a merit or higher in our Graduate Diploma in Finance or Financial Engineering.
Work experience will be taken into account in assessing applications.
International entry requirements
If English is not your first language or you have not previously studied in English, our usual requirement is the equivalent of an International English Language Testing System (IELTS Academic Test) score of 6.5, with not less than 6.0 in each of the sub-tests.
Visit the International section of our website to find out more about our English language entry requirements and relevant requirements by country.
Part-time home/EU students: £
paFull-time home/EU students: £
paPart-time overseas students: £
paFull-time overseas students: £
Payment and Fees Discounts
Funding and Financial Support
Careers and employability
Teaching and assessment
A combination of lectures and problem-solving classes, including computer sessions.
Coursework and examinations; submission of a dissertation.