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Applied Statistics in Finance (online) MSc

Applied Statistics in Finance (online) MSc

Different course options

Online | University of Strathclyde | 24 months | SEP-25

Study mode

Online

Duration

24 months

Start date

SEP-25

Key information
DATA SOURCE : IDP Connect

Qualification type

MSc - Master of Science

Subject areas

Applied Statistics Finance / Accounting (General) Financial Management

Course type

Taught

Course Summary

Why this course?

Our online MSc in Applied Statistics in finance is a conversion course, offering the opportunity to develop skills in statistics and data analysis even if you have never studied statistics before. You'll be supported through this part-time programme by members of staff who work directly with industry to develop skills which are relevant to current areas of research. You'll gain skills in:

problem solving

analysis and modelling of financial data

the use of statistical software for data analysis and reporting

effective communication of statistics

The course is entirely delivered online. The course is ideally suited to those working full-time or with other commitments. You can study and complete the modules when it’s most convenient for you – you don’t need to be online at specific times.

The course has been designed by academics who also work as statisticians in the public sector. They are experts in understanding real-life statistical problems, data, and relating theory to practice.

The skills set provided will also equip you with the necessary training to work as an applied statistician in areas such as insurance, finance and commerce.

Programme skillset

On the online Applied Statistics in Finance MSc programme you'll have the opportunity to acquire:

an in-depth knowledge of modern statistical methods used to analyse and visualise real-life data sets, and the experience of how to apply these methods in a professional setting, particularly related to the financial sector

skills in using statistical software packages used in government, industry and commerce

the ability to interpret the output from statistical tests and data analyses, and communicate your findings to a variety of audiences including health professionals, scientists, government officials, managers and stakeholders who may have an interest in the problem

problem-solving and high numeracy skills widely sought after in the commercial sector

practical experience of statistical consultancy and how to interact with professionals who require statistical analyses of their data

Careers

The online MSc in Applied Statistics in Finance will provide graduates with skills in the statistical analysis of data from a wide range of disciplines. These skills are required by many employers in sectors such as:

investment companies

financial institutions

pharmaceutical industry

medical research

government organisations

retailers

internet information providers

Modules

This class will introduce the R computing environment and enable you to import data and perform statistical tests. The class will then focus on the understanding of the least squares multiple regression model, general linear model, transformations and variable selection procedures.

Tuition fees

UK fees
Course fees for UK students

For this course (per year)

£7,625

International fees
Course fees for EU and international students

For this course (per year)

£7,625

Entry requirements

Minimum second-class (2:2) Honours degree or overseas equivalent, mathematical training to A Level or equivalent standard, prospective students with relevant experience or appropriate professional qualifications are also welcome to apply, for Australia and Canada, normal degrees in relevant disciplines are accepted.

University information

The University of Strathclyde is a leading international technological university which offers a diverse range of postgraduate course options. With over 30,000 students from over 140 countries, it has a vibrant and international learning community. Innovative research is at the heart of everything that they do, with almost 90 % of the university’s research rated ‘world leading’ or ‘internationally excellent’ in the most recent Research...more