Program Overview

MSc Quantitative Finance

Overview

The MSc Quantitative Finance program is designed to provide students with a comprehensive understanding of asset pricing and investment, as well as the main theories of finance, including the CAPM and the Black-Scholes model. Students will also learn about interest rate models and interest rate derivatives.

Entry Requirements

• A First or Upper Second class honours degree (2:1, with 60% average) from a UK university or the overseas equivalent.
• Ideally, a degree in finance, economics, mathematics, statistics, physics, engineering, actuarial or decision sciences, with a significant number of modules in quantitative subjects, such as differential equations, econometrics or mathematical statistics in the final year of the degree, with excellent results.
• A GMAT/GRE is not required to apply for this course, but may be requested by The Admissions Team after the initial review of the application if the degree does not contain enough relevant quantitative modules.

Application and Selection

• Apply online
• The Admissions Team will assess the academic record, taking into account the grade average, position in class, and the standing of the institution where the qualification was studied.

Course Details

• Duration: 1 year
• Degree Awarded: Master of Science (MSc)
• Course Options:
  • Full-time: Yes
  • Part-time: No
  • Full-time distance learning: No
  • Part-time distance learning: No

Fees

• MSc (full-time):
  • UK students (per annum): £21,500
  • International, including EU, students (per annum): £35,000
• Refund Policy:
  • A deposit of £2,000 is required to cover non-recoverable costs and secure the place.
  • The deposit is non-refundable, except in the following situations:
    • Failure to meet the conditions of the offer
    • Refusal of a visa or entry clearance to enter the UK (proof must be submitted)

Scholarships/Sponsorships

• Contact the Master's Admissions Team for further information about the new Accounting and Finance scholarship for UK/EU students and other scholarships available.
• Alliance MBS Masters Scholarships for UK/EU/International students

Careers

• The program is designed to provide students with a comprehensive understanding of asset pricing and investment, as well as the main theories of finance, making them competitive in the job market.

Regulated by the Office for Students

• The University of Manchester is regulated by the Office for Students (OfS), which aims to help students succeed in Higher Education by ensuring they receive excellent information and guidance, get high-quality education that prepares them for the future, and by protecting their interests.