The MSc in Financial Engineering is delivered jointly by the Department of Mathematics and the Department of Economics and Related Studies.
This course is intended for candidates who want to combine rigorous study of relevant topics in applied and computational mathematics with econometrics and quantitative finance.
Candidates are expected to have an undergraduate degree with strong scientific (such as, for example, mathematics, statistics, engineering, physics, electronics) or finance/economics backgrounds.
Students graduating with an MSc degree in Financial Engineering will typically find quantitative finance jobs in the City and other financial institutions. Other possibilities include fund management, insurance, the actuarial profession, taxation, and continued study to PhD level.
Our programme is featured on Risk.Net
For details of the modules offered, see Programme Structure.
We are looking for a minimum of two years (four semesters or six trimesters) of university level courses in mathematics, and a similar amount and level of courses in economics and finance, with good marks.
Competence in computing is desirable.
Professional experience in quantitative finance will be an advantage, but not a prerequisite, and can compensate to some extent for limited formal training.
Each applicant will be assessed individually to ensure that his/her academic and/or professional background is appropriate. Documented professional track record in quantitative finance will be considered alongside academic record.
International students will also need to demonstrate a good command of English by meeting the criteria under Language Requirements.