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.
Develop your career in financial services, or as a quantitative analyst in investment banking and risk management fields.
There has been worldwide growth in the financial services sector. This has fuelled the demand for suitably qualified graduates. We ensure you'll graduate ready to meet this demand. You'll develop a sound understanding of generalist finance issues, and gain specialist skills in quantitative methodology and risk management.
You'll be able to develop a career in the financial services sector. The course is also suitable for future quantitative analysts in economics and finance.
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Please rest assured we make all reasonable efforts to provide you with the programmes, services and facilities described. However, it may be necessary to make changes due to significant disruption.
Given the changing nature of the COVID-19 pandemic, the commitments outlined are subject to guidelines that may be in place from time to time.
View our COVID-19 Study page, which gives information about your Newcastle University study experience for the academic year 2022-23.
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What you'll learn
This course will provide the opportunity for you to develop relevant skills and a practical understanding of:
- the operation and behaviour of international financial markets
- the ability to analyse the strategies of financial market investors
- the role of finance in a modern economy
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.
Advanced statistical software
Where possible you'll have access to advanced statistical software including:
- ORBIS (cross-border investment)
- access to Bloomberg trading terminals is available on-campus only
You'll also have access to a number of financial databases including:
- Global Financial Database
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.
Module information is intended to provide an example of what you will study.
Our teaching is informed by research. Course content changes periodically to reflect developments in the discipline, the requirements of external bodies and partners, and student feedback.
Full details of the modules on offer will be published through the Programme Regulations and Specifications ahead of each academic year. This usually happens in May.
Optional modules availability
Some courses have optional modules. Student demand for optional modules may affect availability.
To find out more please see our terms and conditions.
|MATLAB for Finance||10|
|Research Methods in Economics and Finance||10|
|International Money and Banking||10|
|Retail and Investment Banking||10|
|Critical Skills for Finance||0|
How you'll learn
The course is modular.
Depending on your modules, you'll be assessed through a combination of:
- PC examination
- Problem-solving exercises
- Written examination
- Written exercise
Your teaching and learning is also supported by Canvas. Canvas is a Virtual Learning Environment. You'll use Canvas to submit your assignments and access your:
Throughout your studies, you’ll have access to support from:
- our University Student Services Team
You'll also be assigned an academic member of staff. They will be your personal tutor throughout your time with us. They can help with academic and personal issues.
You'll benefit from our status as a Bloomberg Experiential Learning Partner and through self-study, complete the Bloomberg Market Concepts certificate. This gives you an interactive introduction to the financial markets
If you’re interested in being a quantitative analyst you can complete a practical module on MATLAB to help you gain employment.
You can take part in a live financial trading simulation. This is jointly delivered with Amplify Trading, as well as the CFA annual global investment challenge. This is to gain insights into different roles in the financial industry and boost your employability.
You'll achieve the associated or full member status of the Chartered Banker Institute with our Chartered Banker pathway. This is part of our commitment to you as a Chartered Banker Institute Centre of Excellence
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.
Due to government restrictions on social distancing, guest lectures will be delivered remotely for 2020-21.
Graduates from this course have undertaken various roles, including:
- financial trader
- risk analyst
- investor relations adviser
- financial analyst
- engineer on economic modelling
This course prepares you for a wide range of careers with employers, such as:
- HSBC Bank
- Industrial and Commercial Bank of China
- Tiburon Partners LLP
- State Oil Company of Azerbaijan Republic
Our Careers Service
Our award-winning Careers Service is one of the largest and best in the country, and we have strong links with employers. We provide an extensive range of opportunities to all students through our ncl+ initiative.
Quality and ranking
All professional accreditations are reviewed regularly by their professional body
From 1 January 2021 there is an update to the way professional qualifications are recognised by countries outside of the UK
Newcastle University Business School is one of the largest Schools in the University. We have over 3,500 students representing over 83 nationalities. This valuable network extends beyond our current students to include:
- regional, nationality and international leaders
- leading professionals and practitioners from industry
The Business School is based in a building within the Newcastle Helix development – Newcastle's emerging business district.
Our facilities provide:
- a flexible and dedicated conference suite with panoramic views across the city
- Wi-Fi enabled connectivity throughout the building, including three computer clusters housing approximately 120 PCs
- four large lecture theatres and 21 seminar rooms, providing comfortable teaching and group study space
- a dedicated Hub, Base, and Lounge providing a balanced mix of study space and relaxation areas
- a contemporary café
Fees and funding
Tuition fees for 2022 entry (per year)
If your studies last longer than one year, your tuition fee may increase in line with inflation.
Depending on your residency history, if you’re a student from the EU, other EEA or a Swiss national, with settled or pre-settled status under the EU Settlement Scheme, you’ll normally pay the ‘Home’ tuition fee rate and may be eligible for Student Finance England support.
EU students without settled or pre-settled status will normally be charged fees at the ‘International’ rate and will not be eligible for Student Finance England support.
If you are unsure of your fee status, check out the latest guidance here.
We support our EU and international students by providing a generous range of Vice-Chancellor's automatic and merit-based scholarships. See our searchable postgraduate funding page for more information.
What you're paying for
Tuition fees include the costs of:
- tuition (or supervision)
- library access
Some of our degrees involve additional costs which are not covered by your tuition fees.
Find out more about:
- additional costs
- living costs
- tuition fees, including how to pay them and available discounts
If you're applying for funding, always check the funding application deadline. This deadline may be earlier than the application deadline for your course.
For some funding schemes, you need to have received an offer of a place on a course before you can apply for the funding.
Search for funding
Find funding available for your course
The entrance requirements below apply to 2022 entry.
Qualifications from outside the UK
English Language requirements
How to apply
Using the application portal
The applicant portal has instructions to guide you through your application. It will tell you what documents you need and how to upload them.
You can choose to start your application, save your details and come back to complete it later.
If you’re ready, you can select Apply Online and you’ll be taken directly to the applicant portal.
Alternatively you can find out more about applying on our applications and offers pages.
Open days and events
You'll have a number of opportunities to meet us throughout the year including:
- campus tours
- on-campus open days
- virtual open days
We regularly travel overseas to meet with students interested in studying at Newcastle University.
Get in touch
Questions about this course?
If you have specific questions about this course you can contact:
For more general enquiries you could also complete our online enquiry form.
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