Skip to Content
Quantitative Finance and Risk Management MSc
Quantitative Finance and Risk Management MSc
Full time: 12 months
Profile
Our Quantitative Finance and Risk Management MSc will develop your understanding of generalist finance issues. You'll also develop specialist practical skills in quantitative methodology and risk management.
Worldwide growth in the financial services sector has fuelled the demand for graduates with a sound understanding of generalist finance issues, combined with specialist skills in quantitative methodology and risk management. This course meets this demand. It builds on the Business School’s established strengths in economics and finance.
The course advances your understanding of the:
- role of finance in a modern economy
- operation and behaviour of financial markets and investors
It will enable you to develop a career in the financial services sector. It will also suit future quantitative analysts in economics and finance.
What you'll learn
This course will provide opportunities for you to develop relevant skills and a practical understanding of:
- the behaviour of international financial markets
- the ability to analyse the strategies of financial market investors
- the role of finance in a modern economy
Advanced software
Where possible you will have access to advanced statistical software including:
- Eviews
- SPSS
- Stata
- Gauss
- MATLAB
- SAS
- Maple
- Minitab
You will also have access to a number of financial databases including:
- Bloomberg
- Thompson Financial's DataStream
- Fame
- Amadeus
- WRDS
- Compustat
- CRSP
- Oriana
Your development
On completion of this course, you will be able to demonstrate practical skills and the ability to:
- deal with complex issues both systematically and analytically
- use this analysis to make sound judgements
- deploy advanced analytical techniques in the areas of finance and risk management
- critically assess the quality of the analytical data generated by these techniques
- synthesise and present relevant data, conclusions and recommendations to both specialist and non-specialist audiences
- apply the knowledge, skills and understanding gained on the programme to complex issues within finance and related industries
Delivery
The course is modular. Of particular note is the practical module on MATLAB. This provides you with a detailed understanding of how this programming tool can be used for effective empirical modelling.
Guest lectures
You can also attend guest lectures which complement the study of theoretical frameworks. These lectures analyse the most recent trends in financial markets and banking industries. They also provide an overview of the available opportunities within the financial sector.
Networking opportunities
Throughout the academic year we hold many events on campus that you are welcome to join. Events are topical and provide great opportunities for you to network with:
- national and multinational organisations
- alumni
- peers
Practitioner and research led teaching
Profiles of the academic staff who teach on the course:
Accreditation
Chartered Banker Institute
We are a Chartered Banker Institute Centre of Excellence. We are one of only 8 centres globally to have this status. This course has a Chartered Banker pathway so you can achieve the Associated or full Member status of the Chartered Banker Institute. Membership forms a solid base for a successful career in banking and financial services.
Newcastle University Business School accreditations
Newcastle University Business School is accredited by the:
- Association to Advance Collegiate Schools of Business (AACSB)
- European Quality Improvement System (EQUIS)
- Association of MBAs (AMBA)
Only 1% of business schools worldwide hold triple accreditation. Our Business School is part of this elite group and this accolade is a huge endorsement. It reflects the investments we make for our students through providing:
- a high quality teaching environment
- innovative programming
- active engagement with industry
Downloads
In the news
Modules
You will study modules on this course. A module is a unit of a course with its own approved aims and outcomes and assessment methods.
Modules for 2018 entry
Module changes
Module changes
Modules change annually to take account of:
- changing staff expertise
- developments in the discipline
- the requirements of external bodies and partners
- student feedback.
Most module information for 2019 entry will be available from mid-May 2019.
Careers
Curious about what our graduates have gone on to do? Find out about opportunities they’ve pursued, and how we can help you develop your career.
Career development
The course will suit you if you want to develop a career in the broad financial services sector. It is particularly relevant to a career as a quantitative analyst in the investment banking and risk management fields.
Graduate destinations
Graduates from this course have undertaken various roles including:
- Senior Associate Chartered Accountant
- Financial Trader
- Auditor
- Risk Analyst
- Economist
- Financial Analyst
- Investor Relations Advisor
Careers Service
Our award-winning Careers Service will help you to explore your options and make informed choices to achieve your career goals.
Work experience
Work experience placements are a great way to develop relevant skills to excel in your chosen career.
Find out about paid and unpaid work experience options and other ways you can add to your degree.
Fees & Funding
2018-2019 fees
The fees displayed here are per course.
MSc
UK
Full time: £7,200
EU
Full time: £7,200
International
Full time: £19,200
Find out more about our tuition fees, including how to pay them and available discounts.
EU students starting at Newcastle in 2018 and 2019 will pay the UK (Home) tuition fee for the full duration of their course.
Entry Requirements
A 2:1 honours degree, or an international equivalent. You also need to show a firm grasp of:
- basic calculus
- probability theory
- statistical inference
If this is not evident from your transcripts, please use your personal statement to give details of your mathematical knowledge.
Find out the equivalent qualifications for your country.
Use the drop down above to find your country. If your country isn't listed please email: international.recruitment@ncl.ac.uk for further information.
English Language Requirements
Select an English language test from the list to view our English language entry requirements.
Please email us at international.recruitment@ncl.ac.uk for further information.
How to Apply
You apply online, track your application and contact the admissions team via our applicant portal. Our step by step guide can help you on your way.
Start dates
The course starts in September. There is no application closing date for this course.
We suggest international students apply at least two months before the course starts. This is so that you have enough time to make the necessary arrangements.
Application fee
There is a non-refundable application fee of £50. You need to pay this before we can process your application.
To pay your application fee and make an application please visit our WebStore.
Deposit
If you live outside the UK/EU you must:
- pay a deposit of £1,500
- or submit an official letter of sponsorship
The deposit is payable after you receive an offer to study at Newcastle University. The deposit is non-refundable, but is deducted from your tuition fees when you register.