Taught course

Financial Engineering and Risk Management

Institution
University of Essex · Essex Business School
Qualifications
MSc

Entry requirements

A 1st, 2:1 or good 2:2 degree, or equivalent, in finance, economics or business. We also welcome applications from candidates with any science or engineering degree.

Months of entry

October

Course content

How can we prevent another financial crisis? Is it by better understanding risk in financial securities? Can improving the way we measure and manage risk create stability in the financial world?

The after effects of the 2008 financial meltdown are still being felt across the globe. We need knowledgeable financial professionals who can evaluate risk, act rationally and understand the economic impact of their actions in order to find solutions. If you can rise to the challenge of making ethical, sound financial decisions in pressurised environments, MSc Financial Engineering and Risk Management is for you.

You follow advanced, contemporary study in financial engineering and risk management and develop a deeper understanding of the risks within modern financial securities. You also become skilled in the design of robust 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 master areas including:

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

MSc Financial Engineering and Risk Management is taught at Essex Business School, home to one of the largest, and most respected, finance groups in the UK. Our teaching is grounded in contemporary issues and professional practice, supported by industry-standard facilities, such as our Bloomberg virtual trading floor.

We’re ranked in the top 25 in the UK for research excellence (REF 2014) and are home to an international community of scholars, practitioners and academics; our current Masters students join us from more than 40 countries.

This course is also available to study part-time and you may be able to apply for scholarships and discounts offered by the University of Essex. Essex Business School also offers a limited number of scholarships for the CFA level one exam to exceptional Masters students. Essex Business School is a Recognised Partner of the CFA.

Postgraduate loans for Masters courses are now available from the Student Loans Company, worth up to £10,000, for students from the UK and EU.

Information for international students

IELTS 6.5.

Fees and funding

We offer many funding opportunities to support talented postgraduates, ranging from research council studentships and University scholarships to awards funded by charities and other external organisations. For more information, visit our website at: www.essex.ac.uk.

Qualification and course duration

MSc

part time
24 months
full time
12 months

Course contact details

Name
Graduate Administrator
Email
pgadmit@essex.ac.uk
Phone
+44 (0)1206 873376