MSc International Business
The MSc International Business program at the University of Glasgow is built around the...
MSc Quantitative Finance
Glasgow
INTAKE: September
Program Overview
The MSc Quantitative Finance program at the University of Glasgow is an intensive, one-year postgraduate course aimed at equipping students with the necessary skills and knowledge to pursue careers in the global finance industry. The program blends financial theory with quantitative techniques, focusing on areas such as financial markets, derivatives pricing, risk management, and investment strategies. With a strong emphasis on practical applications and real-world scenarios, students are prepared to analyze financial data, build quantitative models, and make informed decisions in the financial sector. The program is designed to provide students with a deep understanding of both the theory and practice of quantitative finance, making them highly competitive candidates for top roles in the industry.
Curriculum: The MSc Quantitative Finance program offers a well-rounded curriculum that combines core finance modules with advanced quantitative methods. The core modules include Mathematics for Finance, Financial Econometrics, Stochastic Processes in Finance, Financial Markets and Instruments, and Derivatives and Risk Management. These courses provide students with the mathematical tools and analytical techniques required for modeling and analyzing complex financial systems. The program also includes programming courses, which teach students how to use software like R, Python, and MATLAB for financial modeling and data analysis. Students will gain hands-on experience working with real financial data, building models for pricing options, managing risk, and analyzing market behavior. As part of the program, students are required to complete a dissertation project, where they can explore a specific area of interest in quantitative finance and apply their learning to a practical financial problem.
Research Focus: The MSc Quantitative Finance program at the University of Glasgow places a strong emphasis on quantitative research methods used in financial modeling, risk analysis, and asset management. The research focus covers a wide range of topics, including financial mathematics, stochastic calculus, computational finance, time-series analysis, and portfolio optimization. Students will engage in cutting-edge research that involves analyzing financial data, developing mathematical models for pricing financial instruments, and exploring new approaches to risk management and investment strategies. The program encourages students to think critically about how quantitative finance tools can be applied to real-world problems in the financial markets, making it a valuable resource for those seeking to engage in high-level research or pursue further academic study in the field.
Industry Engagement: The University of Glasgow has strong connections with the financial industry, providing students with ample opportunities to engage with professionals and gain real-world experience in quantitative finance. The program includes opportunities for students to participate in industry-led workshops, seminars, and guest lectures, where they can learn directly from experts in finance, investment banking, asset management, and risk management. These events not only help students stay up-to-date with the latest developments in the field but also provide valuable networking opportunities with potential employers. Additionally, students can participate in internships and work placements with leading financial institutions, giving them the chance to apply their knowledge in a professional setting and build connections within the finance industry.
Global Perspective: The MSc Quantitative Finance program at the University of Glasgow offers students a global perspective on the financial industry, preparing them to work in the international finance sector. The program explores financial markets and instruments from around the world, with a focus on understanding the interconnectedness of global financial systems. Students will examine how international events, economic policies, and market trends influence financial markets globally. The program also emphasizes the importance of cross-border financial regulation, risk management, and investment strategies, ensuring that students are equipped to navigate the complexities of global financial markets. With a diverse cohort of students and international faculty, the University of Glasgow fosters a global learning environment, making the program ideal for those interested in pursuing careers with multinational financial institutions or working in international finance.
Location
Glasgow
Score
IELTS 6.5
Tuition Fee
£ 29370
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 60% 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 90, with at least 19 in Listening, 20 in Reading, 19 in Speaking, and 23 in Writing.
- PTE Academic: A minimum overall score of 60 with no individual score below 59.
- Some postgraduate programs may have specific subject prerequisites or additional requirements.
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 Glasgow offers a variety of scholarships to both domestic and international students to help support their studies.
University of Glasgow International Excellence Scholarship: This scholarship is open to international students who have demonstrated academic excellence. It provides a tuition fee discount for postgraduate programs at the University of Glasgow.
Santander Scholarships: The University of Glasgow has a partnership with Santander Bank, which offers scholarships to support international students. These scholarships provide financial assistance to students from specific countries and cover a portion of the tuition fees.
GREAT Scholarships: The University of Glasgow participates in the GREAT Scholarships program, which is a joint initiative of the UK government and British universities. These scholarships are awarded to students from specific countries and cover a portion of the tuition fees.
Sir Fitzroy Maclean Postgraduate Scholarship: This scholarship is available to international students pursuing a postgraduate degree in either the School of Humanities or the School of Social and Political Sciences.
Chancellors Award: This scholarship is available to both domestic and international students studying any discipline at the University of Glasgow and offers a tuition fee discount of up to £10,000.
Glasgow International Leadership Scholarship: This scholarship is available to international students studying any postgraduate program and offers a tuition fee discount of up to £10,000.
Glasgow Refugee, Asylum and Migration Network Scholarship: This scholarship is available to students who have sought refuge in the UK and are studying any undergraduate or postgraduate program.
Graduates of the MSc Quantitative Finance program have diverse and promising career opportunities in the finance and investment sectors.
Quantitative Analyst (Quant): Graduates can work as quants, using mathematical and statistical models to analyze financial markets and develop trading strategies.
Risk Analyst: The program prepares students for roles as risk analysts, assessing and managing financial risks for banks, hedge funds, and financial institutions.
Financial Consultant: Graduates may pursue careers as financial consultants, providing expert advice on investment and risk management to clients.
Investment Analyst: Graduates can explore careers as investment analysts, conducting research and analysis to inform investment decisions.
Portfolio Manager: The program equips students for roles as portfolio managers, overseeing investment portfolios and optimizing returns.
Financial Software Developer: Graduates can work as financial software developers, creating and implementing software solutions for financial modeling and analysis.
