Quantitative Methods for Risk Management
Entry requirements
Upper second class honours (2:1) degree or equivalent in actuarial science, mathematics, statistics, or mathematical economics/finance.
Months of entry
September
Course content
About the MSc programme
The MSc Quantitative Methods for Risk Management – formerly known as MSc Risk and Stochastics - offers in-depth instruction in probabilistic, statistical, and computational methods to quantify risk arising from, but not limited to, economic, financial, and insurance applications.
This programme is LSE’s timely response to industry’s strong demand in experts with quantitative expertise in risk management, finance, insurance, and their interface.
This programme will instruct you in theoretical as well as practical aspects of various quantitative methods to measure and mitigate financial and insurance risk. It draws on diverse disciplines, from mathematical finance, actuarial science to statistics and computation. You will work with real financial data to receive hands-on training in real-world problems and case studies. This programme draws on world class research in modern financial and actuarial mathematics and statistics within the Department.
The programme aims to prepare you for a range of expert careers in financial and insurance industries, in regulatory bodies, and in applied and theoretical research.
Department of Statistics
The Department is home to internationally respected experts in statistics and data science. Maintaining and advancing our leading reputation for teaching and research is our top priority. We offer a vibrant research environment and a comprehensive programme of undergraduate and postgraduate degrees. The Department has grown in recent years, especially in the area of data science which is a key priority for education and research in the LSE2030 strategy. We aim to play a leading role in fostering the study of data science and new forms of data, with a focus on its social, economic, and political aspects.
Information for international students
LSE is an international community, with over 140 nationalities represented amongst its student body. We celebrate this diversity through everything we do.
If you are applying to LSE from outside of the UK then take a look at our Information for International students.
Fees and funding
Fees
Every graduate student is charged a fee for their programme. Visit the website for more information about the fees.
Funding
The School recognises that the cost of living in London may be higher than in your home town or country, and we provide generous scholarships each year to home and overseas students.
This programme is eligible for needs-based awards from LSE, including the Graduate Support Scheme, Master's Awards, and Anniversary Scholarships.
Selection for any funding opportunity is based on receipt of an application for a place – including all ancillary documents, before the funding deadline.
In addition to our needs-based awards, LSE also makes available scholarships for students from specific regions of the world and awards for students studying specific subject areas.
Qualification, course duration and attendance options
- MSc
- part time22 months
- Campus-based learningis available for this qualification
- full time10 months
- Campus-based learningis available for this qualification
Course contact details
- Name
- Student Marketing, Recruitment and Study Abroad
- Phone
- +44 (0)20 7955 6613