University of York

University of York

Financial Engineering

The course is delivered jointly by the Department of Mathematics and the Department of Economics and Related Studies. It is intended for candidates who want to combine a rigorous study of relevant topics in applied and computational mathematics with econometrics and quantitative finance. Students graduating with an MSc degree in financial engineering will typically find quantitative finance jobs in the City and other financial institutions. Other possibilities include fund management, insurance, the actuarial profession, taxation, and continued study to PhD level.

Entry requirements

Candidates are expected to have a Class 2.1 (or equivalent) or higher undergraduate degree in finance or economics with sufficient background in mathematical sciences, or in a mathematics-based field with sufficient background in finance and economics. We are looking for a minimum of 2 years (4 semesters or 6 trimesters) of university level courses in mathematics, and a similar amount and level of courses in economics and finance, with good marks. Competence in computing is desirable. Professional experience in quantitative finance will be an advantage, but not a prerequisite, which can compensate to some extent for limited formal training. International students will also need to demonstrate a good command of English by meeting the criteria under language requirements.

Course modules

Compulsory core modules: Either econometric methods for research or econometrics 1 and 2; continuous time finance; financial engineering; mathematical methods of finance; stochastic calculus and Black-Scholes theory; time series; topics in financial econometrics; dissertation. Students also choose 1 further module from a wide range of options.

Sponsorship information

A range of scholarships and studentships are available at postgraduate level. Some scholarships are funded by the University (such as the York Master's Opportunity Scholarship) and some are funded by Research Councils, alumni, businesses and charities. Please check with the provider for details.

Qualifications

Qualification Study mode Start month Fee Course duration
MSc Full-time September 2016 - 1 years

Campus details

Campus name Town Postcode Region Main campus Campus Partner
University of York York YO10 5DD Yorkshire and the Humber

Get in touch

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Key information

Contact: 
Postgraduate Administrator
Telephone number: 
01904 323097