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MSc Risk Management & Financial Engineering

MSc Risk Management & Financial Engineering

Key information
DATA SOURCE : IDP Connect

Qualification type

MSc - Master of Science

Subject areas

Risk Management Financial Management

Course type

Taught

Course Summary

The MSc Risk Management & Financial Engineering provides you with all the technical tools and knowledge you need to work effectively as a quant or risk specialist in a bank, hedge fund or investment fund.

Programme content

This programme provides you with all the technical tools and knowledge you need to work effectively as a quant or risk specialist in a bank, hedge fund or investment fund. It is taught by a combination of our outstanding faculty and industry practitioners from the city, providing a good mix of the latest research findings from the Business School’s Risk Management Lad and unique industry developments from professionals working in the field.

Students who complete the MSc Risk Management & Financial Engineering programme successfully will be able to:

  • Demonstrate a detailed knowledge of fundamental finance theories and models including their derivation and their use and context in the measurement and management of risk
  • Apply mathematical tools to complex financial problems relating to risk measurement, risk management and risk pricing
  • Use a range of programming tools to develop live implementations of financial models and use these implementations in practice
  • Apply econometric theory and software to analyse and evaluate investment decisions and data, and draw valid conclusions

Careers services

Imperial College Business School Careers provides world-class support that is tailored to your own individual career aspirations, and is an integral part of our Finance Master’s programmes.

A number of personalised services are provided before you start and throughout your time at the Business School to support you in securing a successful job in the finance sector.

Different course options

Study mode

Full time

Duration

1 year

Start date

04-SEP-20

Modules

Students will study six core modules, an additional VBA module which will provide you with comprehensive and systematic training in the mechanisms and techniques involved in quantitative financial modelling and an online module in Ethics and Professional Standards in Finance. The core modules are taught through lectures, interspersed with quantitative case studies allowing students to work on real-world problems faced by financial firms, using extensive data sets and computer programs.

Tuition fees

UK fees
Course fees for UK / EU students

For this course (per year)

£35,900

Average for all Postgrad courses (per year)

£5,202

International fees
Course fees for non-UK / EU students

For this course (per year)

£35,900

Average for all Postgrad courses (per year)

£12,227

Entry requirements

Students should have a quantitative undergraduate degree at First or 2:1 Honours (or international equivalent). Students should have a First or Upper Second Class Honours undergraduate degree from a recognised university (or international equivalent) in a highly quantitative discipline such as: Mathematics; Engineering; Science; Economics; Whilst there are no specific ‘A’ Level criteria, you should be aware that many banks and companies in the financial sector do have very strict grade requirements for their graduate programmes. We strongly recommend that you research the entry requirements of any companies you are interested in working for. IELTS (academic): A minimum score of 7.0 with minimum scores of 6.5 in all elements TOEFL iBT: A minimum score of 100 overall with minimum scores of 22 in all elements.