Taught course

Statistics and Finance

University of Essex · Department of Mathematical Sciences

Entry requirements

A degree with an overall high 2:2.

MSc and Postgraduate Diploma

Months of entry


Course content

Specialised statistical methods are hugely important in dealing with particular problems of economic data. For instance, time series econometrics provides methods for analysing the dynamic processes that are often found in macroeconomics, while other techniques are required for analysing the stock market and other financial data.

Econometrics can be described as the application of statistics in an economic context so this course will interest you if your first degree included some training in both statistics and economics.

You study topics including:

  • Methods of linear regression and hypothesis testing
  • Bayesian statistical modelling and methods
  • Actuarial modelling and time series models
  • Applied statistics
  • Game theory

Our Department of Mathematical Sciences has an international reputation in many areas including semi-group theory, optimisation, probability, applied statistics, bioinformatics and mathematical biology.

You are also taught within our Department of Economics, who are rated consistently highly for student satisfaction and are Top 5 in the UK for research, with over 90% of their research rated as ‘world-leading’ or ‘internationally excellent’ (REF 2014).

Postgraduate Diplomas last for six to nine months (full-time) and include the modules and assessed work of a Masters, without a dissertation. This allows you to proceed to a Masters in mathematics if your undergraduate degree was in a different subject.

Information for international students


Qualification and course duration


full time
12 months


full time
9 months

Course contact details

Graduate Administrator
+44 (0)1206 872719