Tuition Fee
GBP 5,083
Start Date
Medium of studying
Duration
36 months
Program Facts
Program Details
Degree
Masters
Major
Applied Statistics | Econometrics | Statistics
Area of study
Mathematics and Statistics
Course Language
English
Tuition Fee
Average International Tuition Fee
GBP 5,083
Intakes
Program start date | Application deadline |
2024-09-01 | - |
2025-01-01 | - |
About Program
Program Overview
This online MSc in Applied Statistics in Finance develops expertise in statistical analysis of data across industries. The flexible online format and guidance from expert tutors make it ideal for professionals seeking to enhance their analytical skills while balancing their schedules. Graduates are equipped for roles as statisticians, data analysts, and more in sectors such as finance, healthcare, and government.
Program Outline
Outline:
- Compulsory Classes:
- Foundations of Probability & Statistics (20 credits)
- Data Analytics in R (20 credits)
- Statistical Modelling & Analysis (20 credits)
- Financial Econometrics (10 credits)
- Financial Stochastic Processes (10 credits)
- Research project (60 credits)
- Elective Classes:
- Data dashboards with Rshiny (10 credits)
- Quantitative Risk Analysis (10 credits)
- Survey Design & Analysis (10 credits)
- Medical Statistics (20 credits)
- Effective Statistical Consultancy (10 credits)
- Bayesian Spatial Statistics (10 credits)
- Machine Learning for Data Analytics (20 Credits)
- Big Data Fundamentals (10 credits)
- Big Data Tools & Techniques (10 credits)
Assessment:
- All assessment will be undertaken online.
- The assessment will take the form of large-scale projects where you’ll be asked to demonstrate your knowledge on a real-world data set.
- Projects will involve writing code, interpreting statistical outputs, and producing a report, or presentation outlining the findings from your analysis.
- Group work may be undertaken in some classes.
Teaching:
- Classes are delivered using the MyPlace online teaching environment hosted by the University of Strathclyde.
- You’ll learn through video lectures, interactive sessions, independent reading of articles and texts and discussion forums.
- On average, you'll study five hours of online material per module per week, plus additional self-study.
- You’ll also have regular assistance from dedicated tutors who'll interact and communicate with you through online forums and email.
- You'll be part of a community of students working collaboratively to share and enhance learning.
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
- Typical job roles include:
- Statistician
- Data analyst
- Software developer or engineer
- Statistical programmer
- Data scientist
- Decision scientist
Other:
- The course is entirely delivered online.
- The course is ideally suited to those working full-time or with other commitments.
- 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.
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