Quantitative Finance and Risk Management MSc

12 months full time


Fees per academic year 2014-15

UK and EU: full time £8,500
International: full time £16,475

More information is available about tuition fees and discounts.

Programme Overview

This programme aims to produce graduates with a sound understanding of generalist finance issues (corporate and behavioural finance etc), combined with specialist skills in quantitative methodology and risk management (derivatives and credit risk modelling).

This MSc is suited to those wanting to develop a career in the broad financial services sector and is particularly relevant if you are interested in pursuing a career as a quantitative analyst in the investment banking and risk management fields.

Through the programme you will:

• develop practical skills and the ability to deal with complex issues both systematically and analytically
• use advanced analytical techniques in finance and risk management, analysing the behaviour of international financial markets and the strategies of investors
• develop analytical skills and the ability to synthesise and present relevant data, conclusions and recommendations to specialist and non-specialist audiences
• demonstrate the ability to apply the knowledge, skills and understanding you develop through the programme to complex issues within finance and related industries.


Of particular note is the practical module on MATLAB which provides you with a detailed understanding of how this programming tool can be used for effective empirical modelling. The knowledge and skills you develop through the mix of compulsory and optional modules is consolidated through completion of a dissertation.

Find out more detailed information about the programme modules

+Entrance Requirements

An upper-second-class Honours degree, or international equivalent, in maths, economics, engineering or physics. Applicants must be able to demonstrate evidence of maths education at degree level. Applicants with degrees in management, accounting, chemistry or biology with evidence of maths education will be considered on an individual basis.

Applicants whose first language is not English require a minimum of IELTS 6.5 (with a minimum of 6.0 in all sub-sections), TOEFL 90 (Internet-based), Pearson's PTE Academic Test 62 or equivalent. 

Our INTO Newcastle University Centre can provide extra tuition to help you meet the University's English language requirements.

The UK Border Agency (UKBA) has rules for international students regarding minimum English language requirements.

+Scholarships and Other Sources of Funding

International Students, consult your own government for funding. The University offers International Scholarships, and there are funding opportunities by external organisations available.

Students should consult their employers for sponsorship opportunities.

More information on scholarships, studentships, bursaries and other funding is available from our database.

+How to Apply

Visit our postgraduate application site.

There is no closing date for this programme. However, international students applying for September 2014 entry should apply by Friday 11 July 2014 to ensure that they have time to put appropriate arrangements in place.

Please note: As a formal condition of the offer to study at Newcastle University, students from outside the UK/EU are required to pay a deposit of £1,500 or submit an official letter of sponsorship for their chosen programme. The deposit payment is non refundable, but will be deducted from tuition fees upon registration.

+Further Information

For further information please contact:
Postgraduate Office
Newcastle University Business School
Telephone: +44 (0) 191 208 1580
E-mail: nubs@ncl.ac.uk

Subject Overview

This programme is within the subject area of Finance and Accounting.

Student profiles:

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I really like the friendliness of the people in Newcastle. Everybody is very helpful and I find it funny that everybody thanks the bus driver when leaving the bus. You would never see something like that happening in Germany.

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