MBA Master of Business Administration
The MBA program at Durham University is a full-time, intensive course aimed at developi...
MSc Scientific Computing and Data Analysis (Financial Technology)
Durham City
INTAKE: September
Program Overview
The MSc in Scientific Computing and Data Analysis (Financial Technology) at Durham University is a specialized program that integrates computational science with financial technology. It focuses on equipping students with data-driven problem-solving skills, quantitative modeling techniques, and expertise in fintech applications. The program is designed for individuals with a background in mathematics, computer science, physics, or finance who seek to enhance their technical and analytical abilities in the rapidly evolving fintech sector. Students gain a strong foundation in computational methods, machine learning, financial risk analysis, and blockchain technology, making them highly valuable in the finance and technology industries.
Curriculum: The curriculum of this MSc program is structured to provide a balance between theoretical foundations and practical applications. Core modules cover areas such as scientific computing, big data analytics, artificial intelligence, and quantitative finance. Students engage in hands-on projects involving financial data modeling, algorithmic trading, risk assessment, and financial fraud detection. Courses also include training in key programming languages like Python, R, and MATLAB, widely used in financial technology. Additionally, elective modules allow students to specialize in areas such as cybersecurity in finance, blockchain applications, or regulatory technology (RegTech). The program ensures that graduates are proficient in using computational tools to address complex financial challenges.
Research Focus: Durham University is a leader in research across various scientific disciplines, and this MSc program benefits from cutting-edge research in fintech, computational finance, and machine learning. Students have the opportunity to work on research projects that tackle real-world financial challenges, such as predictive analytics for investment strategies, decentralized finance (DeFi), and AI-driven risk management. The university collaborates with industry experts and academic researchers to explore the latest trends in fintech, ensuring students are engaged with the most recent advancements. Research in this program is designed to push the boundaries of financial technology, fostering innovation and critical thinking among students.
Industry Engagement: Durham University maintains strong partnerships with leading financial institutions, fintech startups, and regulatory organizations. The MSc in Scientific Computing and Data Analysis (Financial Technology) program offers students direct exposure to industry projects, internships, and networking opportunities with financial professionals. Through guest lectures, workshops, and case studies, students gain insights into real-world fintech applications and challenges. The university’s career services and industry collaborations enhance employability, helping students secure roles in quantitative analysis, fintech development, financial risk management, and digital banking. These industry engagements ensure that graduates are well-prepared to meet the demands of the competitive fintech job market.
Global Perspective: With a diverse student body and a strong international reputation, Durham University provides a truly global learning experience. The MSc program incorporates case studies and financial models from different markets, enabling students to understand fintech trends on a global scale. The university encourages collaboration with research institutions and financial organizations worldwide, providing students with exposure to international financial regulations, emerging markets, and cross-border fintech solutions. This global perspective prepares graduates for careers in multinational financial institutions, fintech startups, and regulatory bodies, making them well-equipped to navigate the complexities of global finance.
Location
Durham City
Score
IELTS 6.5
Tuition Fee
£ 34000
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% to 70% 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 92, with at least 23 in Listening, Reading, Speaking, and Writing.
- PTE Academic: A minimum overall score of 62 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.
Durham University offers a range of scholarships and bursaries to both domestic and international students.
Durham University Scholarships and Bursaries: These are awarded to both undergraduate and postgraduate students based on academic excellence, financial need, or specific criteria such as subject area or country of origin.
Durham International Scholarships: These are awarded to exceptional international students who are pursuing undergraduate or postgraduate studies at the university. The scholarship covers a portion of tuition fees and is renewable for the duration of the course.
Government Scholarships: Durham University participates in a number of government scholarship programs, including the Chevening Scholarship and the Commonwealth Scholarship.
College-Specific Scholarships: Some colleges at Durham University offer scholarships and bursaries to their students, such as the Van Mildert College Music Scholarship and the St. Mary's College Travel Grant.
Departmental Scholarships: Some academic departments at Durham University offer scholarships specifically for international students. These scholarships may be discipline-specific or focused on supporting students from specific regions or countries.
Vice-Chancellor's Scholarships: The Vice-Chancellor's Scholarships are prestigious scholarships awarded to exceptional international students across all academic disciplines. These scholarships cover the full tuition fees and provide a generous living allowance for the duration of the program. The selection process is highly competitive and based on academic merit and leadership potential.
Graduates of the MSc Scientific Computing and Data Analysis (Financial Technology) program have diverse career opportunities in the financial and technology sectors.
Quantitative Analyst: Graduates can work in financial institutions as quantitative analysts, utilizing data analysis and scientific computing to develop trading strategies and risk models.
Financial Data Scientist: Graduates may pursue roles as financial data scientists, using advanced analytics to extract insights from financial data and support business decision-making.
Financial Technology Consultant: Graduates can work as consultants, assisting financial companies in implementing technological solutions and optimizing their operations.
Algorithmic Trading Developer: Graduates can find employment as developers in algorithmic trading firms, designing and implementing trading algorithms.
Financial Technology Researcher: Graduates may choose to engage in research positions, contributing to advancements in financial technology and data analysis.
