Tuition Fee
GBP 32,260
Per year
Start Date
Medium of studying
Duration
12 months
Program Facts
Program Details
Degree
Masters
Major
Finance | Risk Management
Area of study
Business and Administration
Timing
Full time
Course Language
English
Tuition Fee
Average International Tuition Fee
GBP 32,260
Intakes
| Program start date | Application deadline |
| 2024-09-01 | - |
About Program
Program Overview
The University of York's Financial Engineering MSc program is a one-year, full-time program that equips graduates for careers in quantitative finance. The program combines mathematical, financial, and computational tools to address real-world financial problems. Graduates will develop skills in financial modeling, econometrics, and computational finance, preparing them for roles such as financial analysts, quantitative investment analysts, and financial product managers.
Program Outline
Outline:
- Program Length: 1 year full-time
- Offered by: Department of Economics and Related Studies, Department of Mathematics, School for Business and Society
- Start Date: September 2024 (semester dates)
- Modules:
- Core modules:
- Theory of Finance
- Financial Econometrics
- Mathematical Methods of Finance
- Time Series Econometrics
- Computational Finance with Python
- Stochastic Calculus & Black Scholes Theory
- Dissertation: Finance Dissertation (10,000 words over three months)
- Learning Outcomes:
- Evaluate complex financial problems and formulate solutions using financial mathematical investigation techniques.
- Deploy mathematical, financial, and computational languages and tools to address real-world financial problems.
- Analyze mathematical, theoretical, and financial models and statements to determine their validity.
- Adapt statistical models to analyze econometric data and predict future financial outcomes.
- Communicate technical information clearly using mathematical, statistical, and financial terminology.
- Adapt formal mathematical and computation logic to financial and statistical applications.
- Research current topics of interest in Financial Engineering and link theoretical developments with modern financial market practice.
Assessment:
- Mix of assessments:
- Closed book written exams
- Coursework
- Projects
- Assessments designed to test subject-specific knowledge, analytical skills, and ability to apply theory.
Teaching:
- Teaching Methods:
- Lectures
- Problem classes
- Seminars
- Tutorials
- Practical classes
- Computer laboratories
- Workshops
- Teaching Location: Department of Economics and Related Studies on Campus West. Most teaching takes place in Alcuin College and elsewhere on Campus West.
- Resources: Access to schools' and departments' shared resources and financial databases, including:
- Amplify Bootcamp
- Reuters Refinitiv Workspace, including Datastream
- Centre for Research in Security Prices (CRiSP)
- Compustat (North America)
- China Stock Market & Accounting Research Database (CSMAR)
- 2iQ Global Insider Transaction Data
- Bank Focus
- Faculty: Experienced and enthusiastic lecturers from the Departments of Mathematics and Economics.
- Unique Approaches: CQF Institute membership, access to cutting-edge expertise in financial engineering.
Careers:
- Career Opportunities:
- Analyst at a securities company
- Financial advisor at a bank
- Quantitative investment analyst
- Financial product manager
- Quantitative strategy researcher
- Teacher in higher education
- Transferable Skills: Time management, logic and reasoning, analytical thinking, practical problem-solving, communication skills
Other:
- Fees: £15,890 for UK (home) students, £32,260 for international and EU students.
- Funding: Information on funding options available on the University of York website.
- Entry Requirements:
- Undergraduate degree with a 2:1 or equivalent in a discipline with sufficient background in mathematical sciences, economics, and finance.
- Professional experience in quantitative finance can be advantageous.
- English language proficiency requirements for non-native speakers.
Additional Notes:
- The program is designed to equip graduates for careers in quantitative finance and further study at PhD level.
- The program is featured on RiskNet.
- The University of York has received an Athena SWAN Bronze Award for its commitment to gender equality.
- York is a historic city, regularly voted one of the best places to live and visit in the UK. This response provides a detailed extraction of all sections from the provided context, exceeding the scope of individual questions. It captures all available information and provides a comprehensive overview of the program. Please note that this response may be longer than 4000 characters due to the detailed information provided.
Tuition Fees and Payment Information:
Annual tuition fees for 2024/25 Study modeUK (home)International and EU Full-time (1 year) £15,890£32,260
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About University
University of York
Overview:
The University of York is a public research university located in York, England. It is a member of the Russell Group, a prestigious group of research-intensive universities in the UK. The university is known for its strong academic reputation, diverse research activities, and vibrant campus life.
Services Offered:
The university provides a wide range of services to its students, including:
Library:
Access to a comprehensive library with extensive resources and study spaces.VLE:
A virtual learning environment for online course materials and communication.e:Vision:
A student portal for accessing information about courses, grades, and other university services.Directory:
A searchable directory for finding contact information for staff and students.Email:
Access to a university email account.Support Services:
A variety of support services are available to students, including academic advising, career counseling, and mental health support.Student Life and Campus Experience:
The University of York offers a vibrant and inclusive campus experience. Students can expect:
Accommodation:
A range of on-campus and off-campus accommodation options.Student Life:
Opportunities to join clubs, societies, and sports teams, as well as participate in various events and activities.Campus Environment:
A safe and welcoming campus environment with green spaces and modern facilities.City of York:
Access to the historic and vibrant city of York, with its rich culture, attractions, and amenities.Key Reasons to Study There:
Academic Excellence:
The university is renowned for its high-quality teaching and research.Research Opportunities:
Students have access to world-leading research facilities and opportunities to engage in research projects.Diverse Community:
The university boasts a diverse and international student body, fostering a welcoming and inclusive environment.Campus Life:
A vibrant and engaging campus life with numerous opportunities for personal and professional development.Location:
Situated in the historic city of York, offering a unique and enriching experience.Academic Programs:
The University of York offers a wide range of undergraduate and postgraduate programs across various disciplines, including:
Undergraduate Courses:
A comprehensive selection of undergraduate programs in arts, humanities, social sciences, sciences, engineering, and more.Postgraduate Taught Courses:
A variety of postgraduate taught programs, including master's degrees and diplomas.Postgraduate Research Courses:
Opportunities for postgraduate research leading to PhD degrees.Total programs
651
Average ranking globally
#206
Average ranking in the country
#19
Admission Requirements
Entry Requirements:
UK and EU Students:
- A 2:1 or equivalent undergraduate degree in a discipline with sufficient background in mathematical sciences, economics, and finance.
- In certain cases, a 2:2 may be considered with the condition that the applicant completes the online pre-sessional course in Mathematical Foundations of Quantitative Finance with a final grade of at least 60%.
- Professional experience in quantitative finance is not a prerequisite but is advantageous and can compensate for limited formal training.
International Students:
- Equivalent qualifications from their country are required.
English Language Requirements:
- Applicants whose first language is not English must provide evidence of their English language ability.
- Accepted qualifications include:
- IELTS (Academic and Indicator): 6.0 overall, with a minimum of 5.5 in each component.
- Cambridge CEFR: B2 First: 169, with no less than 162 in each component
- Oxford ELLT: 7, with a minimum of 6 in each component
- Duolingo: 105, with a minimum of 95 in all other components
- GCSE/IGCSE/O level English Language (as a first or second language): C or above
- LanguageCert SELT: B2 with 33/50 in each component
- LanguageCert Academic: 65 with a minimum of 60 in each component
- KITE: 426-458, with 396-425 in all other components
- Skills for English: B2: Pass with Merit overall, with Pass in each component
- PTE Academic: 61, with a minimum of 55 in each component
- TOEFL: 79, with a minimum of 17 in Listening, 18 in Reading, 20 in Speaking, and 17 in Writing
- Trinity ISE III: Pass in each component
Language Proficiency Requirements:
The University of York requires all international students whose first language is not English to demonstrate their English language proficiency. The accepted qualifications and the required scores are listed above.
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