Quantitative Methods for Risk Management
MSc
The London School of Economics and Political Science
Key Course Facts
Course Description
This programme provides high-level training in probability theory and statistics for random processes with applications in the areas of insurance and finance and their interface. It includes a comprehensive and unified approach to all quantitative aspects of modern actuarial science. Students receive rigorous training in mathematics and scientific computation and are introduced to a range of schemes for risk transfer, sufficiently broad to equip them for highly specialised work in insurance, pensions, investment, and banking and for independent research in these areas.
Entry Requirements / Admissions
Get advice on which foundation courses are best for you to still be able to join Quantitative Methods for Risk Management, MSc.
Minimum entry requirement: 2:1 degree or equivalent in actuarial science, mathematics, statistics, or mathematical economics/finance
Costs
Tuition Fees Quantitative Methods for Risk Management MSc
| EU | £30360 | year 1 |
|---|---|---|
| England UK | £30360 | year 1 |
| Northern Ireland | £30360 | year 1 |
| Scotland | £30360 | year 1 |
| Wales | £30360 | year 1 |
| International | £30960 | year 1 |
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 36 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
-
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
- undergraduates:
- 5575
- postgraduates:
- 6770
- Total:
- 12345
Where is this programme taught
Show on map
Similar courses
| Program | University | Student satisfaction | Unemployed | Dropout | Tuition (UK) | Tuition (International) |  UCAS Tariff |
City | |||
|---|---|---|---|---|---|---|---|---|---|---|---|
|
Flood Risk Management MSc | University of Hull | - | - | - | £1220 | £18300 | - | Hull | On campus Part-time | |
|
Financial Risk Management MSc | University of Reading | - | - | - | £18600 | £26400 | - | Reading | On campus Full-time | |
|
Financial Risk Management MSc | University of Leicester | - | - | - | £10500 | £21000 | - | Leicester | On campus Full-time | |
|
Risk Management MSc | University of Southampton | - | - | - | £13000 | £25000 | - | Southampton | On campus Full-time | |
|
Quantitative Risk Management with Machine Learning MSc | Birkbeck, University of London | - | - | - | £6810 | £9915 | - | London | On campus Part-time | |
|
Financial Engineering and Risk Management MSc | University of Essex | - | - | - | £12410 | £19380 | - | Colchester | On campus Full-time | |
|
Financial Risk Management MSc | University of Bedfordshire | - | - | - | £8250 | £13275 | - | Luton | On campus Part-time | |
|
Investment and Financial Risk Management MSc | Kingston University | - | - | - | £11800 | £17000 | - | Kingston upon Thames | On campus Full-time | |
|
Insurance and Risk Management MSc | City University London | - | - | - | £10250 | £10250 | - | London | On campus Part-time | |
|
Environmental Health and Risk Management PhD | University of Birmingham | - | - | - | - | - | - | Birmingham | On campus Full-time |