MRes Business and Management
The MRes in Business and Management program at the University of Stirling is designed t...
MSc Finance and Risk Management
Stirling - UK
INTAKE: September
Program Overview
The MSc Finance and Risk Management program at the University of Stirling offers a comprehensive curriculum that combines the study of finance with a focus on understanding and managing financial risks. This program equips students with the knowledge and skills necessary to navigate the complexities of the finance industry and make informed decisions in risk management.
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Finance Principles: The curriculum provides a solid foundation in finance theory and principles. Students gain a deep understanding of financial markets, investment analysis, corporate finance, and financial decision-making.
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Risk Management Concepts: The program introduces students to the fundamental concepts and theories of risk management. They learn about different types of financial risks, including market risk, credit risk, liquidity risk, and operational risk.
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Risk Measurement and Evaluation: Students learn various techniques and methodologies for measuring and evaluating financial risks. They explore quantitative methods such as value at risk (VaR), stress testing, and scenario analysis to assess and quantify risks.
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Risk Mitigation Strategies: The program focuses on developing risk mitigation strategies and frameworks. Students learn about hedging techniques, portfolio diversification, and the use of financial derivatives to manage and reduce risks.
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Financial Regulation and Compliance: The curriculum covers the regulatory environment in which financial institutions operate. Students gain an understanding of the regulatory frameworks and compliance requirements governing risk management practices in the finance industry.
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Financial Modeling and Simulation: Students learn how to build financial models and use simulation techniques to analyze and forecast potential outcomes under different risk scenarios. They develop skills in using software tools and programming languages commonly employed in financial risk management.
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Ethical and Professional Considerations: The program emphasizes the importance of ethical behavior and professional standards in risk management. Students learn about ethical considerations in decision-making and the responsibilities of risk professionals in maintaining integrity and transparency.
Location
Stirling - UK
Score
IELTS 6.5
Tuition Fee
£ 21845
Postgraduate Entry Requirements:
- Applicants should have successfully completed a bachelor's degree or its equivalent from a recognized institution with a minimum overall score of 50 to 65% or equivalent.
- English language proficiency is required, and applicants must provide evidence of their English language skills through an approved language test.
- IELTS: A minimum overall score of 6.5 with no individual component below 6.
- TOEFL: A minimum overall score of 78, with at least 17 in Listening, 18 in Reading, 20 in Speaking, and 17 in Writing.
- PTE Academic: A minimum overall score of 60 with no individual score below 51
Students must provide:
- academic marksheets & transcripts
- letters of recommendation
- a personal statement - SOP
- passport
- other supporting documents as required by the university.
Work experience: Some postgraduate courses may require relevant work experience in the field.
It is important to note that meeting the minimum entry requirements does not guarantee admission, as the university considers factors such as availability of places and competition for the program. Additionally, some courses may have higher entry requirements or additional selection criteria, such as interviews or portfolio submissions.
The University of Stirling offers a range of scholarships to support students in their academic journey.
- Postgraduate Scholarships: The University of Stirling also offers scholarships for postgraduate students pursuing taught or research-based master's degrees. These scholarships are available for both domestic and international students and cover various subject areas. Examples of postgraduate scholarships include the Stirling Masters Scholarships and the Commonwealth Shared Scholarships.
- International Scholarships: The university provides scholarships specifically for international students, recognizing their contributions to the diverse academic community. These scholarships may cover partial or full tuition fees and are awarded based on academic merit and other eligibility criteria. Examples of international scholarships at the University of Stirling include the International Undergraduate Scholarship and the International Postgraduate Award.
- Research Scholarships: For students interested in pursuing research degrees such as Ph.D., the University of Stirling offers research scholarships. These scholarships provide financial support to cover tuition fees and living expenses while students conduct their research. Research scholarships may be discipline-specific or open to students across various research areas.
Graduates of the MSc Finance and Risk Management program have excellent career prospects in various sectors of the finance industry
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Risk Manager: Graduates can pursue roles as risk managers in financial institutions, overseeing risk management strategies, monitoring risks, and implementing risk mitigation measures.
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Financial Analyst: Graduates can work as financial analysts, analyzing financial data, assessing risks, and providing insights and recommendations for investment decisions.
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Compliance Officer: Graduates can pursue careers as compliance officers, ensuring that financial institutions adhere to regulatory requirements and risk management guidelines.
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Portfolio Manager: Graduates can work as portfolio managers, responsible for managing investment portfolios, balancing risk and return, and making investment decisions aligned with clients' risk profiles.
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Risk Consultant: Graduates can work as risk consultants, providing advisory services to organizations on risk management practices, compliance, and regulatory issues.
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Financial Regulator: Graduates can pursue roles in regulatory bodies, such as central banks or financial regulatory authorities, overseeing and enforcing risk management regulations.
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Risk Analyst: Graduates can work as risk analysts, assessing and analyzing financial risks, developing risk models, and supporting risk management strategies.
