Quantitative Methods for Risk Management MSc
The London School of Economics and Political Science
Key Course Facts
Course Description
The MSc Quantitative Methods for Risk Management – formerly known as MSc Risk and Stochastics - offers in-depth instruction in probabilistic, statistical, and computational methods to quantify risk arising from, but not limited to, economic, financial, and insurance applications.
This programme is LSE’s timely response to industry’s strong demand in experts with quantitative expertise in risk management, finance, insurance, and their interface.
This programme will instruct you in theoretical as well as practical aspects of various quantitative methods to measure and mitigate financial and insurance risk. It draws on diverse disciplines, from mathematical finance, actuarial science to statistics and computation. You will work with real financial data to receive hands-on training in real-world problems and case studies. This programme draws on world class research in modern financial and actuarial mathematics and statistics within the Department.
The programme aims to prepare you for a range of expert careers in financial and insurance industries, in regulatory bodies, and in applied and theoretical research.
Entry Requirements / Admissions
Visit the website for full details
Costs
Average student cost of living in London
Rent | £518 |
Water, gas electricity, internet (at home) | £50 |
Supermarket shopping | £81 |
Clothing | £35 |
Eating out | £33 |
Alcohol | £27 |
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 |
Insurance | £51 |
Other | £95 |
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.
University Rankings
Positions of The London School of Economics and Political Science in top UK and global rankings.
See all 35 university rankings of The London School of Economics and Political Science
About The London School of Economics and Political Science
London School of Economics (LSE) is a Russell Group university, and is one of the member institutions of the University of London. Situated in the Westminster area of Central London, LSE is home to a diverse student body that comes from around the country and overseas to be a part of the experience.
Student composition of The London School of Economics and Political Science
-
Total number of students enrolled at The London School of Economics and Political Science by level Academic year 2021/22 - Full-time equivalent student enrollments published by Higher Education Statistics Agency (HESA) on February 2022
- undergraduates:
- 5500
- postgraduates:
- 6695
- Total:
- 12195
-
Number of students enrolled in courses of subject “Risk Management”: 2305 Academic year 2021/22 - Full-time equivalent student enrollments published by Higher Education Statistics Agency (HESA) on February 2022
Where is this programme taught
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