In the wake of the recent financial crises, a better understanding of financial risk management will play an extremely important role.
The MSc Financial Risk Management has been designed to meet the demand from the financial sector for individuals with expertise in this field. The programme is demanding and challenging. Its intention is to equip you with the broad range of statistical and mathematical tools needed to tackle practical real-world problems in financial risk management.
Upon successful completion of this programme, you will have the expertise to:
- identify and manage the major sources of risk in the financial markets understand the role of financial derivative products, their use (and misuse) and how they are priced
- analyse financial data and specifically build risk models, detect trends in data, test a given hypothesis and forecast future values
- build an investment portfolio (of risky assets) and carefully monitor its performance through time.
Why study this course at Birkbeck?
- Combines a high level of academic rigour with a solid grounding in practical problem-solving skills.
- Many of our students work in the finance industry, which generates a lively atmosphere.
- Excellent reputation for the quality of our teaching, which includes providing training for the Treasury and the Bank of England
- The Department of Economics, Mathematics and Statistics stands among the foremost research groups in the country.
The programme begins with a September module in Quantitative Techniques, which introduces you to mathematical and statistical techniques. You must pass examinations in this module to progress to the MSc programme itself.
Careers and employability
Graduates go on to careers in banking and finance, the public sector, industry, or research and analysis.
Cost & Fees
- Part-time home/EU students: £ 5975 pa
- Full-time home/EU students: £ 11950 pa
- Part-time overseas students: £ 8750 pa
- Full-time overseas students: £ 17500 pa