Financial Engineering

Entry requirements

Candidates are expected to have a Class 2.1 (or equivalent) or higher undergraduate degree in finance or economics with sufficient background in mathematical sciences, or in a mathematics-based field with sufficient background in finance and economics. We are looking for a minimum of 2 years (4 semesters or 6 trimesters) of university level courses in mathematics, and a similar amount and level of courses in economics and finance, with good marks. Competence in computing is desirable. Professional experience in quantitative finance will be an advantage, but not a prerequisite, which can compensate to some extent for limited formal training. International students will also need to demonstrate a good command of English by meeting the criteria under language requirements. If you are a non-native English speaking applicant you must provide evidence of your English language ability. You need to show enough fluency in all aspects of English (reading, writing, speaking and listening) to the required level of the course you're applying to.

Months of entry

September

Course content

The MSc in Financial Engineering is delivered jointly by the Department of Mathematics and the Department of Economics and Related Studies. It is intended for candidates who want to combine a rigorous study of relevant topics in applied and computational mathematics with econometrics and quantitative finance.

Students graduating with an MSc degree in Financial Engineering will typically find quantitative finance jobs in the City and other financial institutions. Other possibilities include fund management, insurance, the actuarial profession, taxation, and continued study to PhD level.

Compulsory core modules:

• Either Econometric Methods for Research or Econometrics 1 and 2;
• Continuous Time Finance;
• Financial Engineering;
• Mathematical Methods of Finance;
• Stochastic Calculus and Black-Scholes Theory;
• Time Series;
• Topics in Financial Econometrics;
• Dissertation.

Students also choose one further module from a wide range of options.

Information for international students

York is a research-intensive university and a proud member of the elite Russell Group of universities. Information about international fees can be found on our website.

Fees and funding

Department and University scholarships may be available, please check our website for details: Fees and funding

Qualification and course duration

MSc