Quantitative Finance and Risk Management
Key Course Facts
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.
Where possible you will have access to advanced statistical software and also a number of financial databases.
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.
The course will suit those wanting 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.
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.
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.
Throughout the academic year we hold many events on campus that you are welcome to join.
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.
Newcastle University Business School is one of the largest Schools in the University. We have over 3,500 students representing over 93 nationalities.
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 and Base providing a balanced mix of study space and relaxation areas •a contemporary café.
Entry Requirements / Admissions
Requirements for international students / English requirements
IELTS academic test score (similar tests may be accepted as well)
- Foundation / Pathway Courses
- Graduate Degrees
- Undergraduate Degrees
Get advice on which foundation courses are best for you to still be able to join Quantitative Finance and Risk Management, MSc.
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. International Students To study this course you need to meet our Band 6 English Language requirements: Direct Entry: IELTS 6.5 overall (with a minimum of 6.0 in all sub-skills) If you have lower English Language scores, you may be accepted onto a pre-sessional English course. Our typical English Language requirements are listed as IELTS scores but we also accept a wide range of English Language tests. The equivalent academic qualifications that we accept are listed on our country pages.
Average student cost of living in the UK
|Water, gas electricity, internet (at home)||£50|
|Takeaways / food deliveries||£30|
|Going out / entertainment (excl.alcohol, food)||£24|
|Holidays and weekend trips||£78|
|Transport within city||£17|
|Self-care / sports||£20|
|Stationary / books||£13|
|Mobile phone / internet||£13|
|Cable TV / streaming||£7|
|Average student cost of living||£1092|
London costs approx 34% more than average, mainly due to rent being 67% higher than average of other cities. For students staying in student halls, costs of water, gas, electricity, wifi are generally included in the rental. Students in smaller cities where accommodation is in walking/biking distance transport costs tend to be significantly smaller.
Positions of Newcastle University in top UK and global rankings.
See all 50 university rankings of Newcastle University
About Newcastle University
Founded in 1834, Newcastle University is located in the small city of Newcastle upon Tyne. Less than an hour’s bus ride from the coast, this institution of higher education offers Undergraduates modern lecture theatres, state-of-the-art laboratories, and spaces for socialising and for being creative such as their Fine Arts Hub. Postgraduate students have their own library, complete with a laptop loan system and assistance from knowledgeable librarians to ensure that students have every means of succeeding.
Student composition of Newcastle University
Students by level of study Academic year 2020/21 - Full-time equivalent student enrollments published by Higher Education Statistics Agency (HESA) on 10 February 2022
Where is this programme taught
|Program||University||Student satisfaction||Unemployed||Dropout||Tuition (UK)||Tuition (International)||UCAS Tariff||City|
|Mathematical Finance MSc||The University of York||70%||0%||5%||£6330||£6330||172||York||online Part-time|
|Corporate Finance Msci (Hons)||Royal Holloway, University of London||84%||4%||3%||£9250||£19300||120||Egham||On campus Full-time|
|Finance and Management MSc||University of St Andrews||94%||0%||0%||£9900||£20370||186||St Andrews||On campus Full-time|
|Accounting and Finance MAccFin (Hons)||University of East London||87%||5%||10%||£9250||£13320||98||London||On campus Full-time|
|Computational Finance with a year in industry MSc||Royal Holloway, University of London||84%||4%||3%||£12200||£22000||120||Egham||On campus Full-time|
|Finance and Economics MSc||University of St Andrews||91%||5%||0%||£10360||£20980||203||St Andrews||On campus Full-time|
|Finance and Business MA (Hons)||The University of Edinburgh||73%||5%||0%||£9250||£23100||156||Edinburgh||On campus Full-time|
|Economics with Finance MA (Hons)||The University of Edinburgh||64%||0%||0%||£9250||£23100||197||Edinburgh||On campus Full-time|
|Finance MSc||Royal Holloway, University of London||84%||4%||3%||£12200||£20000||120||Egham||On campus Full-time|
|Mathematical Finance MSc||The University of Manchester||69%||5%||0%||£14000||£25500||173||Manchester||On campus Full-time|