Financial Engineering (Graduate Diploma) - 2013/2014 entry

This programme provides an introduction to mathematical finance and preparation for advanced work in the field, with teaching staff who are working at the cutting edge of research. No prior knowledge of mathematical finance is assumed, and the programme offers intensive introductions to the essentials of the subject.

You will gain a thorough grounding in the fundamental ideas and methods of modern mathematical finance, including practical applications in financial engineering. You will also be provided with the necessary mathematical and statistical toolkit for studying this subject – with pre-sessional courses beginning in late September – and introduced to the interpretation and analysis of data.

The programme aims to provide: knowledge of standard methods and analytical tools of univariate and multivariate calculus, using mathematics to model problems in the natural and social sciences, and to validate and revise such models if necessary; an introduction to the basic principles of finance – the key pricing models; corporate finance and market efficiency; an introduction to the interpretation and analysis of economic data; knowledge of the fundamental probability theory of mathematical finance; and, for those students not proceeding to an MSc, consolidated knowledge of fundamental principles of applied mathematical finance, i.e. financial engineering.

• Can be taken as a stand-alone programme to prepare you for quantitative roles in the financial sector, or as preparation for entry to one of our MSc programmes.
• Excellent reputation for the quality of our teaching, providing training for employers such as the Treasury and the Bank of England.
• Watch our video of Professor Ron Smith talking about studying in the Department of Economics, Mathematics and Statistics.

You take the following modules:

• Quantitative Techniques for Financial Engineering
• Applied Statistics and Econometrics
• Financial Markets
• Computational Techniques for Financial Engineering
• Introduction to Mathematical Finance.

Computer laboratories and the College library.

Students proposing to enter an MSc programme require, in general, a pass with Merit. However, in the case of financial engineering the grades of the individual courses are also taken into consideration, so a student can progress to the MSc provided that the award of Merit reflects high achievement in the mathematical course units.

Graduates go on to careers in banking and finance, the public sector, in industry, or in research and analysis. See our website for examples of what our students have gone on to do.

• Open until the beginning of October.
• You should apply as early as possible. We need to receive your supporting documents, i.e. your transcript, before we can proceed with your application.