Birkbeck, University of London

Birkbeck, University of London

Applied Statistics and Financial Modelling

While practically orientated, this postgraduate degree in applied statistics and financial modelling proceeds from a strong theoretical background so as to develop your ability to tackle new and non-standard problems with confidence. The mutual dependence of practice and theory is emphasised wherever possible. The programme is ideal if you are considering a career move into statistics, or if your work already involves aspects of data collection and exploration, the interpretation of statistics, or the use of advanced stochastic modelling techniques in the area of quantitative finance. The programme has been specially designed to meet the personal and career development needs of people who want to continue working while also studying in the evening. Many of our students, as part of their everyday work, are involved in data analysis, the interpretation of statistics, the optimal design and control of systems, and the modelling and prediction of time-dependent phenomena. They bring a wealth of knowledge and experience into the classroom, and you'll find yourself surrounded by committed, enthusiastic students from all backgrounds, careers and cultures.

Course modules

Year 1 core modules: Probability and Stochastic Modelling; Statistical Analysis. Year 2 compulsory modules: Continuous Time Stochastic Processes I; Stochastic Processes and Financial Applications ; MSc Applied Statistics and Financial Modelling project; Project Applied Statistics. Indicative option modules: Analysis of Dependent Data; Continuous Time Stochastic Processes II; Financial Econometrics; Further Statistical Analysis; Individually Prescribed Reading Course Applied Statistics; Mathematical Methods of Operational Research; Medical Statistics; Computational Statistics; Special Topics Applied Statistics; Statistical Data Mining; Stochastic Methods of Operational Research; Stochastic Models and Forecasting .

Assessment methods

Written examinations in May/June, assessed coursework throughout both years and a project to be completed by 1 September at the end of the second year.


Qualification Study mode Start month Fee Course duration
MSc Part-time October 2018 GBP 7,422 per Year 1 (International) 2 Years
MSc Part-time October 2018 GBP 4,375 per Year 1 (Home/EU) 2 Years

Campus details

Campus name Town Postcode Region Main campus Campus Partner
Bloomsbury Campus WC1E 7HX London

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