University of Essex

University of Essex

Algorithmic Trading

The course will equip you with the core concepts and quantitative methods in high frequency finance, along with the operational skills to use state-of-the-art computational methods for financial modelling. We enable you to attain an understanding of financial markets at the level of individual trades occurring over sub-millisecond timescales, and apply this to the development of real-time approaches to trading and risk-management. In addition to traditional topics in financial econometrics and market microstructure theory, we put special emphasis on areas: Statistical and computational methods; modelling trading strategies and predictive services that are deployed by hedge funds; algorithmic trading groups; derivatives desks; risk management departments.

Entry requirements

Applicants should hold an Honours degree at 2.2 or equivalent. Applicants whose 1st language is not English require IELTS 6.0 (with a minimum 5.5 in each component) or equivalent.

Course modules

Core modules: Dissertation; big-data for computational finance; high frequency finance and empirical market microstructure; introduction to financial market analysis; professional practice and research methodology; quantitative methods in finance and trading; trading global financial markets. Optional modules include: Cloud technologies and systems; constraint satisfaction for decision making; creating and growing a new business venture; digital signal processing; evolutionary computation and genetic programming; financial engineering and risk management; high performance computing; industry expert lectures in finance; learning and computational intelligence in economics and finance; mathematical research techniques using Matlab; programming in Python; text analytics.

Assessment methods

Courses are awarded on the results of your written examinations, together with continual assessments of your practical work and coursework.


Qualification Study mode Start month Fee Course duration
MSc Full-time GBP 11,150 per Year 1 (England) 1 years
MSc Full-time GBP 14,500 per Year 1 (International) 1 years
MSc Full-time GBP 11,150 per Year 1 (Northern Ireland) 1 years
MSc Full-time GBP 11,150 per Year 1 (Scotland) 1 years
MSc Full-time GBP 11,150 per Year 1 (Wales) 1 years
MSc Part-time - 2 years

Campus details

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Key information

Graduate Administrator
Telephone number: 
01206 872719