MSc Accounting
The MSc Accounting at the University of Manchester, United Kingdom, is a specialized po...
MSc Quantitative Finance
Manchester, England
INTAKE: Jan & Sept
Program Overview
The MSc Quantitative Finance program at the University of Manchester is a specialized postgraduate degree designed to equip students with advanced quantitative and analytical skills essential for a career in the global financial sector. This program blends financial theory with cutting-edge quantitative techniques, ensuring students are prepared to tackle complex challenges in finance. It is aimed at those with a strong mathematical and statistical background who wish to pursue careers in areas such as investment banking, risk management, and financial modeling.
Curriculum: The curriculum of the MSc Quantitative Finance program covers a comprehensive range of subjects, including financial mathematics, econometrics, financial engineering, and computational finance. Core modules typically include topics such as derivatives pricing, financial markets, financial risk management, and advanced statistics. Students also learn about the application of programming languages such as Python and MATLAB, which are integral to the quantitative analysis of financial data. The program's flexible structure allows for the option of elective modules, enabling students to tailor their learning experience to their career goals.
Research Focus: At the University of Manchester, the MSc Quantitative Finance program is heavily supported by research excellence. The university boasts a strong research focus on financial mathematics, stochastic processes, and the modeling of financial markets. Students are encouraged to engage with cutting-edge research, often through the opportunity to work alongside faculty members on current projects. This research-oriented approach ensures that students not only gain theoretical knowledge but also develop the skills necessary for conducting high-level research in finance.
Industry Engagement: The University of Manchester has strong links with the financial industry, offering students the opportunity to interact with industry professionals through guest lectures, workshops, and networking events. The program benefits from the university’s position in the heart of the UK's financial services sector, providing students with access to top-tier firms and organizations. Students also have the chance to participate in internships or industry projects, gaining real-world experience and enhancing their employability upon graduation.
Global Perspective: The MSc Quantitative Finance program at the University of Manchester has a global perspective, recognizing the increasingly interconnected nature of financial markets. The program attracts students from all over the world, creating a diverse and multicultural learning environment. The curriculum is designed to address global financial issues and challenges, preparing students for careers in international finance. Additionally, the university’s strong global network of alumni provides graduates with valuable connections in the finance industry worldwide.
Location
Manchester, England
Score
IELTS 7
Tuition Fee
£ 35000
Postgraduate Entry Requirements
Application fee: £60
Academic Qualifications: Applicants should have successfully completed a bachelor's degree or its equivalent from a recognized institution with a minimum overall score of 60% or equivalent.
English language proficiency:
- IELTS: A minimum overall score of 7.0 with no individual component below 6.5.
- TOEFL: A minimum overall score of 100.
- PTE Academic: A minimum overall score of 76.
- Some postgraduate programs may have specific subject prerequisites or additional requirements.
The University of Manchester offers a range of scholarships to support international students in funding their education and making their academic journey more accessible. These scholarships are designed to reward academic excellence, support students from diverse backgrounds, and help ease the financial challenges of studying abroad.
Global Futures Scholarship: The Global Futures Scholarship is a prestigious award for international students who demonstrate academic excellence and potential. This scholarship offers a £5,000 contribution towards tuition fees, providing financial assistance for undergraduate and postgraduate students. This scholarship is open to students from specific countries and disciplines, so it is essential to check eligibility criteria and deadlines.
Manchester Master’s Bursary: The Manchester Master’s Bursary is a financial aid program aimed at helping postgraduate students who come from lower-income backgrounds. This bursary offers support for UK, EU, and international students who wish to pursue a master’s degree at the university. The bursary can cover a significant portion of tuition fees and is awarded based on financial need.
Subject-Specific Scholarships: Many departments at the University of Manchester offer subject-specific scholarships for students enrolling in their programs. For example, students applying for programs in engineering, business, life sciences, and the arts may be eligible for additional funding based on academic performance and their future potential. These scholarships are often offered to high-achieving students who demonstrate exceptional skills and dedication to their field of study.
Chevening Scholarships: The Chevening Scholarship is a fully-funded award provided by the UK government, open to outstanding international students from over 160 countries. The scholarship covers tuition fees, living costs, travel expenses, and other related costs. The University of Manchester is a proud participant in this global program and welcomes applications from students wishing to pursue a master's degree in a variety of disciplines.
Commonwealth Scholarships: The Commonwealth Scholarship Commission offers fully funded scholarships for international students from Commonwealth countries. These scholarships support students pursuing postgraduate studies in fields such as engineering, health sciences, and education. They cover the full cost of tuition fees, travel, and living expenses during the duration of the program.
Regional Scholarships: The university also offers regional scholarships for students from specific countries or regions, including Asia, Africa, Europe, and the Americas. These scholarships are designed to make studying at the University of Manchester more accessible to students from these regions and offer both partial and full financial support depending on the scholarship type.
Graduating with an MSc in Quantitative Finance from the University of Manchester opens a wide array of career opportunities in the global financial sector. The program is designed to equip students with both the theoretical knowledge and practical skills required to excel in high-demand roles within finance.
Investment Banking: Graduates often pursue careers in investment banking, where they apply quantitative analysis to financial markets, deal structuring, and trading.
Risk Management: Many students find opportunities in risk management, analyzing financial risks and developing strategies to mitigate potential losses for financial institutions.
Quantitative Analyst (Quant): The program prepares students for the role of a quantitative analyst, who uses mathematical models and statistical techniques to analyze and predict market trends and asset prices.
Hedge Funds and Asset Management: Graduates may join hedge funds and asset management firms, applying quantitative strategies to optimize investment portfolios and maximize returns.
Financial Engineering: Students are well-prepared for roles in financial engineering, where they design and develop innovative financial products using quantitative methods.
Financial Consultancy: With their strong analytical and problem-solving skills, graduates can also pursue careers in financial consultancy, advising companies on financial strategies and investments.
Corporate Finance and Treasury: Many alumni work in corporate finance, managing a company’s financial operations, liquidity, and capital structure.
