Taught course

Computational Finance

Institution
University of Essex · Centre for Computational Finance and Economic Agents - CCFEA
Qualifications
MSc

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Entry requirements

2.2 degree, or international equivalent, in Finance, Financial Economics, Economics, Engineering, Mathematics, Statistics, Physics or Computer Science.

We will accept graduates of any other degree but this must contain Mathematics (calculus) or Econometrics (probability, Statistics). Also some programming experience is required.

Months of entry

October

Course content

Our MSc Computational Finance equips you with the core concepts and mathematical principles of modern quantitative finance, plus the operational skills to use computational packages (mainly Matlab) for financial modelling.

We provide practical, hands-on learning about how modern, highly computerised financial markets work, how assets should be priced, and how investors should construct a portfolio of assets. In addition to traditional topics in derivatives and asset pricing, we place a special emphasis on risk management in non-Gaussian environment with extreme events.

You master these areas through studying topics including:

  • Non-linear and evolutionary computational methods for derivatives pricing and portfolio management
  • Applications of calculus and statistical methods
  • Computational intelligence in finance and economics
  • Financial markets.


You also graduate with an understanding of the use of artificial financial market environments for stress testing, and the design of auctions and other financial contracts.

Our Centre for Computational Finance and Economic Agents is an innovative and laboratory-based teaching and research centre, with an international reputation for leading-edge, interdisciplinary work combining economic and financial modelling with computational implementation.

Our research is geared towards real-world, practical applications, and many of our academic staff have experience of applying their findings in industry and in advising the UK government.

Information for international students

Entry requirements - You can find international entry requirements for most countries on our webpage www.essex.ac.uk/international. If your country is not listed, please contact Postgraduate Admissions at pgadmit@essex.ac.uk.

Pre-sessional English Language courses -
If you need to improve your English language skills before joining your main degree course, we offer pre-sessional English courses on our campuses in partnership with Kaplan International Pathways. To learn more, please visit www.essex.ac.uk/international/pre-sessional.

Funding -
You can explore scholarship opportunities for your country at www.essex.ac.uk/international or view our university-wide scholarships at www.essex.ac.uk/scholarships.

Fees and funding

There are a wide range of funding options for postgraduate study, including scholarships, bursaries and alumni discounts. You can check your eligibility at www.essex.ac.uk/postgraduate/masters/fees-and-funding.

Qualification, course duration and attendance options

  • MSc
    part time
    24 months
    • Campus-based learningis available for this qualification
    full time
    12 months
    • Campus-based learningis available for this qualification

Course contact details

Name
Postgraduate Admissions
Email
pgadmit@essex.ac.uk