University of Edinburgh
Financial Modelling and Optimisation
This programme aims to give students sound knowledge in financial derivative pricing, portfolio optimization and financial risk management; it also provides them with the skills to solve some of today�s financial problems, which have themselves been caused by modern financial instruments; this expertise includes modern probability theory, applied statistics, stochastic analysis and optimization.
The minimum entry requirement is a UK 2.1 degree, or its international equivalent, in mathematics or a mathematical subject such as statistics, physics or engineering; applicants whose 1st language is not English require: IELTS 6.5 (with at least 6.0 in each module); TOEFL internet-based test 92 (with at least 20 in each module); PTE 61 (with at least 56 in each of the communicative skills sections); or CPE grade C or CAE grade B.
Core modules include: discrete-time finance; finance, risk and uncertainty; fundamentals of optimization; optimization methods in finance; research-linked topics; risk-neutral asset pricing; simulation; stochastic analysis in finance 1; stochastic analysis in finance 2. Optional modules include: advanced time series econometrics; combinatorial optimisation; credit scoring and data mining; dynamic and integer programming; financial risk management; game theory; introduction to java programming; large scale optimization; microeconomics 2; nonlinear optimization; parallel numerical algorithms; risk analysis; stochastic modelling; stochastic optimisation.
|Qualification||Study mode||Fee||Course duration|
|MSc||Full-time||£ 19,700 per Academic year (home fees)||1 years|
|MSc||Full-time||£ 22,950 per Academic year (overseas fees)||1 years|
|MSc||Part-time||£ 9,850 per Academic year (home fees)||2 years|
|MSc||Part-time||£ 11,475 per Academic year (overseas fees)||2 years|
|PgDip||Full-time||£ 19,700 per Whole course (home fees)||9 months|
|PgDip||Full-time||£ 22,950 per Whole course (overseas fees)||9 months|
|Campus name||Town||Postcode||Region||Main campus||Campus||Partner|
|University of Edinburgh||Edinburgh||EH8 9JU||Scotland|
0131 650 4885