|Study location||United Kingdom, Liverpool|
|Type||Master courses, full-time|
|Nominal duration||1 year|
|Tuition fee||To be confirmed|
Undergraduate diploma (or higher)
good first degree (2:1 Hons or equivalent) in Mathematics, Physics, Engineering or a subject with substantial mathematical
The entry qualification documents are accepted in the following languages: English.
Often you can get a suitable transcript from your school. If this is not the case, you will need official translations along with verified copies of the original.
IELTS: 6.5 (with a minimum of 5.5 in each component)
At least 2 reference(s) should be provided.
This cutting edge MSc programme will equip you with the mathematical, financial and computational skills needed to quantify and manage risk effectively in today’s finance, investment and insurance industries. Such companies use advanced probabilistic models at the core of their business. They recruit people with the right mathematical, statistical and programming skills and financial knowledge who can understand, develop and implement such models.
The course is also an excellent preparation for students wishing to embark upon research degree (PhD) in financial or actuarial mathematics. Working professionals who would like to move from their current field into finance or for finance professionals who would like to take their careers to the next level will also benefit greatly from this course.
You will gain a strong understanding of:
- applied probability theory, stochastic analysis and mathematical modelling
- computational methods
- financial derivatives
- risk management methodologies
- financial econometrics
The excellent University Careers Service is open to all postgraduates. Graduates of the MSc and PhD programmes move on to many different careers. Recent graduates have moved into fast track teacher programmes, jobs in finance (actuarial, banking, insurance), software development, drugs testing and defence work, as well as University postdoctoral or lecturing posts. The MSc programme is of course a natural route into doctoral study in Mathematics and related fields, both at Liverpool and elsewhere. Some of our PhD students move on to postdoctoral positions and to academic teaching jobs and jobs in research institutes, both in the UK and elsewhere.
Upon successful completion of the degree you will be ideally equipped to work in investment banks, pension or investment funds, hedge funds, consultancy and auditing firms or government regulators.