Program Overview

Overview

The Financial Analytics and Risk Management MSc is designed to develop your career in the financial services sector or as an analyst in investment banking and risk management fields. This program will strengthen your understanding of generalist finance issues and develop specialist practical skills in financial analytics and risk management.

What You'll Learn

This course will provide the opportunity for you to develop relevant skills and a practical understanding of:

• the operation and behavior of international financial markets
• the ability to analyze the strategies of financial market investors
• the role of finance in a modern economy
• programming for finance, providing a detailed understanding of how programming can be used for effective empirical modeling
• advanced statistical software, including Eviews, SPSS, Stata, MATLAB, SAS, Maple, Minitab, R/R Studio, and Python
• databases, including Bloomberg, LSEG Workspace (Eikon, DataStream), WRDS (Compustat, CRSP, CSMAR, I/B/E/S, TRACE, OptionMetrics), Fame, Orbis Europe (formerly Amadeus), Orbis Asia Pacific (formerly Oriana)

Modules

You will study modules on this course, including:

• Compulsory Modules:
  • Quantitative Finance and Risk Management Programme Community
  • Dissertation
  • Programming for Finance
  • Financial Risk Management
  • Applied Econometrics
  • Research Methods in Economics and Finance
  • Introductory Econometrics
  • Financial Theory
  • Financial Derivatives
  • Critical Skills for Finance
• Optional Modules:
  • International Money and Banking
  • Behavioural Finance
  • Retail and Investment Banking
  • International Finance
  • Corporate Finance
  • Portfolio Management
  • Company Financial Reporting
  • Numerical Methods and Scientific Programming
  • Applied Data Science
  • Financial Technology
  • Green Finance and Sustainability

How You'll Learn

The course is modular, with delivery and teaching methods including:

• Lectures
• Seminars
• Tutorials
• Case studies
• Group work
• Self-directed learning Assessment methods include:
• Dissertation
• Essay
• PC examination
• Portfolio
• Problem-solving exercises
• Report
• Written examination
• Written exercise

Your Development

This course prepares you for a wide range of careers with employers, such as:

• HSBC Bank
• Industrial and Commercial Bank of China
• Normura
• Tiburon Partners LLP
• PwC
• KPMG
• State Oil Company of Azerbaijan Republic You will also have access to:
• Bloomberg Experiential Learning Partner, providing a Bloomberg Market Concepts certificate
• Live financial trading simulation, delivered by a leading global provider of finance simulations
• Guest lectures, analyzing the most recent trends in financial markets and banking industries
• Partnerships, including the CQF Institute, providing access to online technical talks and conferences, networking opportunities, career advice, and thought leadership

Your Future

Graduates from this course will be able to undertake various roles, including:

• Financial trader
• Financial analyst
• Risk analyst
• Engineer on economic modeling
• Investor relations adviser
• Economist
• Auditor The course also provides opportunities for further study, including a Dual Award programme with Grenoble École de Management and a Postgraduate Semester Abroad.

Quality and Ranking

Newcastle University Business School is accredited by the:

• Association to Advance Collegiate Schools of Business (AACSB)
• European Quality Improvement System (EQUIS)
• Association of MBAs (AMBA) Only 1% of business schools worldwide hold this triple crown.

Facilities

Newcastle University Business School is one of the largest Schools in the University, with over 4,000 students from over 85 countries. The School has two buildings – the Business School and the Frederick Douglass Centre – offering a range of purpose-built facilities, including:

• Computer clusters housing over 120 PCs, plus open IT spaces for laptops
• Seven large lecture theatres, plus a 750-seat auditorium – the largest in the University
• 25 seminar and teaching spaces, many with flexible furniture to accommodate learning
• A dedicated Student Hub and Quiet Space, providing a mix of space for group work, individual study, or quiet study
• Study pods, some with wall-mounted screens, and bookable rooms for working in groups or individually
• A contemporary café, refurbished in 2025
• Two dedicated hubs for employability support and events
• A Bloomberg lab with over 20 terminals, so you can experience a real trading room floor
• Experimental and Behavioural Economics Lab, a state-of-the-art research facility for conducting studies in experimental economics and economic psychology

Fees and Funding

Tuition fees for 2026 entry (per year):

• Home students: £16,300
• International students: £31,950 The University offers a range of scholarships, including a 25% discount for EU students.

Entry Requirements

The entrance requirements for 2026 entry are:

• A 2:2 honours degree, or international equivalent, in any subject
• A good basic level of numeracy equivalent to UK GCSE or above
• English Language requirements:
  • IELTS: 6.5 overall (with a minimum of 6.0 in all sub-skills)
  • Pearson: 62 overall (with a minimum of 59 in all sub-skills)
  • Duolingo English Test: 105 overall (with a minimum of 90 in all sub-skills)
  • TOEFL: 90 overall (with a minimum of 19 in all sub-skills)

How to Apply

The course starts in September, and there is no application closing date. International students are advised to apply at least two months before the course starts. A deposit of £1,500 is required for international students who need a visa to study in the UK. The application portal has instructions to guide you through your application, and you can choose to start your application, save your details, and come back to complete it later.