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Universities United Kingdom Alliance Manchester Business School Courses M.Sc Quantitative Finance

M.Sc Quantitative Finance

Alliance Manchester Business School

Manchester, United Kingdom

Tuition Fee £ 29,000
Country Rank-
Duration12 Months
Score IELTS: 7

Program Overview

This specialist course enables you to develop quantitative skills in finance, providing training in programming, numerical methods and statistics. It provides a thorough grounding in pricing and risk management techniques. It allows you to develop the power of inquiry, critical analysis and logical thinking and to apply theory to current issues of policy.

You will gain a good understanding of:

asset pricing and investment
pricing financial securities (equities, bonds, and derivatives)
the main theories of finance, the CAPM and the Black-Scholes model
interest rate models and interest rate derivatives
the development of a research enquiry
research issues and methodologies

Course Content
Course unit list

The course unit details given below are subject to change, and are the latest example of the curriculum available on this course of study.

Title
- Interest Rate Derivatives
- Derivative Securities
- Asset Pricing Theory
- Time Series Econometrics
- Stochastic Calculus for Finance
- Credit Risk Measurement and Management
- Risk, Performance and Decision Analysis
- Cross Sectional Econometrics
- Corporate Finance
- Portfolio Investment
Entry Requirement
We require a First or Upper Second class honours degree (2:1, with 60% average) from a UK university or the overseas equivalent.
- You ideally need a a degree in finance, economics, mathematics, statistics, physics, engineering, actuarial or decision sciences and have taken or be taking a significant number of modules in quantitative subjects, such as differential equations, econometrics or mathematical statistics in the final year of your degree, with excellent results
- We highly recommend GMAT or GRE and anticipate a well-balanced score with a strong performance in the quantitative sections
- When assessing your academic record, we take into account your grade average, position in class and the standing of the institution where you studied your qualification.
IELTS
- 7.0 overall and no other element below 6.5
Fees & Scholarships
MSc (full-time)
- UK students (per annum): £20,000
- International, including EU, students (per annum): £29,000
Career Prospect
This course provides ideal preparation for a career in the finance industry specialising in designing and trading financial instruments. These financial engineers are expected to be proficient in computer programming and strong in financial mathematics. They have to be at ease with complex derivatives and creative enough to find solutions for pricing and hedging. The course also provides research skills for those who wish to pursue an academic career by studying at doctoral level.

Recent recruiters

Armacell, Bank of Thailand, Barclays Capital, Bloomberg, China Merchants Bank, CIBC World Markets, Citigroup, Hewitt Associates, KPMG, Matrix, MFC Fund and Schlumberger.

Cost Of Studying At Alliance Manchester Business School

Interest rates as low as 8.9% ^*

250K+

Students Assisted

800Cr+

Loan Amount Disbursed

5000+

Loans Sanctioned

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