Taught course

Financial Risk Management

Institution
University of Glasgow · Adam Smith Business School
Qualifications
MSc

Entry requirements

2.1 Honours degree or non-UK equivalent (eg, a GPA of 3.0 or above) in economics, finance, engineering, physics, or another highly mathematical discipline.

International students with academic qualifications below those required should contact our partner institution, Glasgow International College, who offer a range of pre-Masters courses.

Months of entry

September

Course content

This programme will look at the economic and financial determinants of financial risk including market risk and some elements of liquidity and counterpart risk. You will learn how to take advantage of the opportunities inherent to financial risk.

Why Glasgow

  • You will learn about the determination of interest rates in bind markets, about risk management, bank regulation and the preventive role of financial regulation.
  • You will learn from internationally published academics in financial economics, many of whom have worked as research collaborators or consultants with the IMF, World Bank, numerous central banks and HM Treasury.
  • The University of Glasgow Adam Smith Business School celebrates the legacy of Adam Smith by developing enlightened, enterprising and engaged graduates and internationally-recognised research with real social impact.

Programme Structure

You will take four core and two optional courses and complete a substantial independent piece of work, normally in the form of a dissertation.

Teaching is based on lectures which also allow opportunities for class discussion. Technical subjects are supported by weekly or fortnightly small tutorials, which provide opportunities for you to engage with some issues or questions in a group format. Some courses also involve lab sessions using specialised software.

Core courses

  • Basic econometrics
  • Economic fundamentals and financial markets
  • Financial markets, securities and derivatives
  • Financial risk analysis.

Students can drop Basic Econometrics and take Modelling and Forecasting Financial Markets as a core subject if they have a strong background in Econometrics.

Sample optional may include

  • Advanced portfolio analysis (Portfolio analysis and investment is a co-requisite for this course)
  • Applied computational finance
  • C++ in Finance (Mathematical finance is a co-requisite for this course)
  • Corporate finance and investment
  • Corporate finance theory
  • Empirical asset pricing
  • Financial derivatives (Mathematical finance is a co-requisite for this course)
  • Financial market micro structure
  • Financial services
  • Game theory with applications in economics and finance
  • Hedge fund risk management
  • International finance and money
  • Mathematical finance
  • Modelling and forecasting financial markets
  • Portfolio analysis and investment.

Career prospects

As a graduate you will be qualified to work in organisations such as central banks, investment banks, the IMF and the World Bank, asset management firms and governments bodies. Graduates of this programme have found employment with companies such as the Royal Bank of Scotland, Deloitte, Prudential, and Santander.

Our dedicated College of Social Sciences Employability Officer works with students to enhance their employability.

Information for international students

Please refer to our website for more information.

For applicants whose first language is not English, the University sets a minimum English Language proficiency level.

International English Language Testing System (IELTS) Academic module (not General Training):

  • overall score 6.5
  • two sub-tests no less than 6.5, no sub-test less than 6.0
  • or equivalent scores in another recognised qualification:

Common equivalent English language qualifications

All stated English tests are acceptable for admission for both home/EU and international students for this programme:

  • ibTOEFL: 90; no sub-test less than:
    • Reading: 20
    • Listening: 19
    • Speaking: 19
    • Writing: 23
  • CAE (Cambridge Certificate of Advanced English): 176 overall; no sub-test less than 169
  • CPE (Cambridge Certificate of Proficiency in English): 176 overall; no sub-test less than 169
  • PTE Academic (Pearson Test of English, Academic test): 60; no sub-test less than 59
  • Trinity College London Integrated Skills in English: ISEII at Distinction with Distinction in all sub-tests

For international students, the Home Office has confirmed that the University can choose to use these tests to make its own assessment of English language ability for visa applications to degree level programmes. The University is also able to accept an IELTS test (Academic module) from any of the 1000 IELTS test centres from around the world and we do not require a specific UKVI IELTS test for degree level programmes. We therefore still accept any of the English tests listed for admission to this programme.

Pre-sessional courses

The University of Glasgow accepts evidence of the required language level from the English for Academic Study Unit Pre-sessional courses. We also consider other BALEAP accredited pre-sessional courses:

Fees and funding

UK students
£11250
International students
£21000

Qualification and course duration

MSc

full time
12 months

Course contact details

Name
Adam Smith Business School
Email
business-accounting-finance@glasgow.ac.uk