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Quantitative Finance and Risk Management MSc

Develop your career in the financial services, or as a quantitative analyst in investment banking and risk management fields.

You are currently viewing course information for entry year:


Start date(s):

  • September 2024
Masters level study. Sign up to webinar on Wednesday 20 March, 14:00-15:00 (GMT)

Overview

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.

Important information

We've highlighted important information about your course. Please take note of any deadlines.

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:

  • Eviews
  • SPSS
  • Stata
  • MATLAB
  • SAS
  • Maple
  • Minitab
  • R/R Studio
  • Python

Databases

You'll also have access to a number of financial databases including:

  • Bloomberg - access to trading terminals is available on-campus only
  • Refinitiv Workspace (Eikon, DataStream)
  • WRDS (Compustat, CRSP, CSMAR, I/B/E/S, TRACE, OptionMetrics)
  • Fame
  • Orbis Europe (formerly Amadeus)
  • Orbis Asia Pacific (formerly Oriana)
  • Orbis Crossborder Investment

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.

How you'll learn

Your development

Professional development

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 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.

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.

Your future

Graduate destinations

Graduates from this course have undertaken various roles, including:

  • financial trader
  • risk analyst
  • investor relations adviser
  • economist
  • financial analyst
  • engineer on economic modelling
  • auditor

Careers

This course prepares you for a wide range of careers with employers, such as:

  • HSBC Bank
  • Industrial and Commercial Bank of China
  • Normura
  • Tiburon Partners LLP
  • PwC
  • KPMG
  • 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.

Visit our Careers Service website

Quality and ranking

All professional accreditations are reviewed regularly by their professional body

Facilities

Newcastle University Business School is one of the largest Schools in the University. We have over 3,500 students representing over 80 nationalities. This valuable network extends beyond our current students to include:

  • regional, national and international leaders
  • over 34,000 alumni in our network, spanning over 150 countries
  • leading professionals and practitioners from industry

The Business School is the gateway to Newcastle Helix - an innovation hub and community that brings together industry leaders, businesses and top researchers.

Our facilities include:

  • flexible conference room with panoramic views across the city
  • Wi-Fi enabled connectivity throughout the building, including three computer clusters housing over 120 PCs
  • four large lecture theatres and over 25 seminar and teaching spaces, providing comfortable teaching and group study space
  • dedicated Student Hub and Quiet Space, providing a balanced mix of study space for group work or quiet, individual study
  • contemporary café
  • employability hub to support your career aspirations
  • Bloomberg Room to give you a real feel for the trading room floor
  • Experimental and Behavioural Economics Lab, a state-of-the-art research facility for conducting studies in experimental economics and economic psychology

The Frederick Douglass Centre at Newcastle Helix also offers further study and learning spaces. This includes a 750 seat auditorium – the largest in the University.

Find out more about Newcastle University Business School

Main Newcastle University Business School building viewed from St James' Park

Fees and funding

Tuition fees for 2024 entry (per year)

What you're paying for

Tuition fees include the costs of:

  • matriculation
  • registration
  • tuition (or supervision)
  • library access
  • examination
  • re-examination
  • graduation

Find out more about:

Search for funding

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Entry requirements

The entrance requirements below apply to 2024 entry.

Qualifications from outside the UK

English Language requirements

Admissions policy

This policy applies to all undergraduate and postgraduate admissions at Newcastle University. It is intended to provide information about our admissions policies and procedures to applicants and potential applicants, to their advisors and family members, and to staff of the University.

Download our admissions policy (PDF: 201KB)
Other policies related to admissions

Credit transfer and Recognition of Prior Learning

Recognition of Prior Learning (RPL) can allow you to convert existing relevant university-level knowledge, skills and experience into credits towards a qualification. Find out more about the RPL policy which may apply to this course

How to apply


Using the application portal

The application 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 application portal.

Alternatively you can find out more about applying on our applications and offers pages.


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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
  • webinars

Find out about how you can visit Newcastle in person and virtually

Overseas events

We regularly travel overseas to meet with students interested in studying at Newcastle University.

Visit our events calendar for the latest events

Get in touch

Questions about this course?

If you have specific questions about this course you can contact:

Dr Andrei Stancu - Degree Programme Director
Newcastle University Business School
Telephone: +44 (0) 191 208 2199
Contact Newcastle University Business School

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