MSc Scientific Computing and Data Analysis (Financial Technology)

Durham City

 

INTAKE: September

Program Overview

The MSc Scientific Computing and Data Analysis (Financial Technology) program at Durham University is designed for students interested in the application of advanced computational and data analysis techniques in the financial technology sector. This cutting-edge program blends elements of computer science, data science, and finance to address the complex challenges of the financial industry.

  1. Scientific Computing Fundamentals: Students gain a strong foundation in scientific programming, numerical methods, and computational techniques, which are essential for solving complex financial problems.

  2. Data Analysis for Finance: The curriculum focuses on statistical analysis, machine learning, and data visualization techniques specific to the financial domain.

  3. Financial Technology Applications: Students explore the application of scientific computing and data analysis in financial modeling, risk assessment, algorithmic trading, and financial decision-making.

  4. Blockchain and Cryptocurrencies: The program provides insights into blockchain technology and its implications for the financial industry, including the study of cryptocurrencies.

  5. High-Frequency Trading: Students learn about high-frequency trading strategies and how scientific computing can enhance trading performance.

  6. Research Project: In the final phase of the program, students undertake an independent research project, applying scientific computing and data analysis to address a specific financial technology problem.

Pollster Education

Location

Durham City

Pollster Education

Score

IELTS 6.5

Pollster Education

Tuition Fee

£ 28750

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.

  1. 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.
  2. 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.
  3. Government Scholarships: Durham University participates in a number of government scholarship programs, including the Chevening Scholarship and the Commonwealth Scholarship.
  4. 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.
  5. 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. 
  6. 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.

  1. Quantitative Analyst: Graduates can work in financial institutions as quantitative analysts, utilizing data analysis and scientific computing to develop trading strategies and risk models.

  2. 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.

  3. Financial Technology Consultant: Graduates can work as consultants, assisting financial companies in implementing technological solutions and optimizing their operations.

  4. Algorithmic Trading Developer: Graduates can find employment as developers in algorithmic trading firms, designing and implementing trading algorithms.

  5. Financial Technology Researcher: Graduates may choose to engage in research positions, contributing to advancements in financial technology and data analysis.


Similar Courses
WhatsApp Enquiry Call Enquiry