The Computational Finance MSc will introduce students to the computational methods that are widely used by practitioners and financial institutions in today’s markets. This course will provide students with a solid foundation not only in traditional quantitative methods and financial instruments, but also scientific computing, numerical methods, high-performance computing, distributed ledgers, big-data analytics and agent-based modelling. These techniques will be used to understand financial markets from a post-crisis perspective which incorporates findings from the study of financial markets at high-frequency time scales, modern approaches to understanding systematic risk and financial contagion, and disruptive technologies such as distributed-ledgers and crypto- currencies. The course is highly practical, and students will have the opportunity to apply their learning to real-world data and case studies in hands-on laboratory sessions.
Key benefits
Description
This course provides an understanding of modern financial technology (FinTech) including electronic trading and distributed-ledger technology. You will gain practical hands-on techniques for working with and analysing financial data, which draw on modern developments in Artificial Intelligence and Big Data technology. There will be opportunity to understand the practical aspects of quantitative finance and FinTech from Industry experts located in the heart of one of the World’s financial centres.
Teaching
We use lectures, seminars and group tutorials to deliver most of the modules on the course. You will also be expected to undertake a significant amount of independent study.
You are expected to spend approximately 10 hours work per credit for each module you attend in your degree, e.g. 150 hours work for a 15-credit module. These hours cover every aspect of the module.
Career prospects
The Careers Service and the Department of Informatics run a careers programme for Informatics students, which includes skills sessions and visits from top employers.
Some graduates work in cyber security companies, general software consultancy companies, specialised software development businesses and the IT departments of large institutions (financial, telecommunications, and public sector). Recent employers include Hang Seng Bank, Lloyds Banking Group and Merrill Corporation.
Other graduates have entered into the field of academic and industrial research in areas such as machine learning, software engineering, algorithms and computer networks.
Academic qualification equivalents
English language requirements (one of the below):
University Type | Public University |
Campus Setting | Urban |
Establishment Year | 1829 |
No. of Faculties | 9 |
No. of Campuses | 5 |
No. of Residence Halls | 11 |
Graduate Job Rate | 90% |
Expenditure on facility improvement | 1 Billion Pounds |
Applications Accepted | Online |
Work-Study | Available |
Intake Type | Semester wise |
Mode of Program | Full time and online |
Expenses | Annual Cost (GBP) |
---|---|
International Tuition Fee (Undergraduate) | 19,800 per year |
International Tuition Fee (Postgraduate) | 16,380 per year |
Student fee (full-time) | 650 |
Student Healthcare Plan | 202 |
Orientation | 160 |
Books and stationery | 1,300 |
Residence | 3,800 |
Food | 3,170 |
Living expenses | 1,000 |
UK Visa and Immigration (UKVI) requires students to have a budget of at least £1,265 per month in addition to tuition fees.
Tuition Fees in UK (1st Year Average) | MS: £17276 | MBA: £17276 | BE/Btech: £16632 | BBA: £15130 | BSc: £16632 | MFin: £19000 | MA: £15560 | MIM: £18241 | MEM: £16950 | MArch: £14271 | BHM: £12662 | MIS: £15344 | MEng: £12876 | MBBS: £28865| MPharm: £15452 |
Average Accomodation & Food Costs in UK | £850 to £1,050 a month |
Entrance Exams in UK | TOEFL: 88 | IELTS: 6.5 | PTE: 59 | GMAT: 590 |
Work and Study in UK | Permitted for 20 hours/week with a valid study permit. |
Post Study Work Permit in UK | 2 Year after graduation depending on the course. |
Cost of Student Visa in UK | £348 |
Student Visa in UK | Your nationality, duration of your stay and purpose of your stay are the three essential factors for UK visa. For Non-EU students UK visa is mandatory. |
Intakes in UK | There are mainly two intakes in UK: January/February & September/October. |
Top Job Sectors in UK | IT Engineering, Product Design, Mobile Development, Designers, Logistics, etc. |
Economy in UK | Growth Rate: 1.3% (2018) 1.4% (2019) 1.4% (2020e), 6th Largest Economy in the World by Nominal |
Tuition & fees :
£ 29,850
Total
£ 29,850