Taught course

Financial Engineering and Risk Management

Institution
University of Essex · Essex Business School
Qualifications
MSc

Entry requirements

A 2:2 degree, or international equivalent, in a numerate discipline such as: Economics, Finance, Mathematics, Statistics, Science or Engineering.

Your Degree should contain at least one module relating to Economics or Finance for example: Mathematics (calculus), quantitative finance/methods or Econometrics (probability, statistics). With a score of 50% in this module.

Months of entry

October

Course content

Is it possible to prevent another financial crisis? The global finance sector requires financial engineers and risk managers to work alongside its traders in order to develop robust security measures to maximise financial stability.

The after-effects of the 2008 financial meltdown are still being felt across the globe. MSc Financial Engineering and Risk Management aims to develop finance sector workers who are able to evaluate risk, act rationally and understand the economic impact of their actions in order to find solutions. While the trader is trying to make money, the risk manager is trying not to lose it and the financial engineer is building the tools to reduce associated risks.

If you feel comfortable in pressurised environments and can rise to the challenge of making ethical and robust financial decisions, this could be the finance specialism for you.

MSc Financial Engineering and Risk Management will enable you to follow advanced, contemporary study in financial engineering and risk management and develop a deeper understanding of the risks within modern financial securities. You will also become skilled in the design of powerful management systems to measure risk. Upon graduation, you should possess the skills and knowledge for a successful career in commercial, investment and central banks, hedge funds, regulatory authorities and rating agencies.

You will master areas including:

  • asset pricing
  • derivative securities
  • financial modelling
  • mathematical research techniques using Matlab
  • machine learning
  • automation

MSc Financial Engineering and Risk Management is taught at Essex Business School. Our stud ents and staff join us from all over the world and our teaching is grounded in contemporary issues and professional practice, supported by industry-standard facilities, such as our Bloomberg virtual trading floor.

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
Course Enquiries
Email
pgadmit@essex.ac.uk