This programme focuses on the risk management and the quantification of several types of risk such as financial, including market risk and some elements of liquidity and counterpart risk.
Why this programme?
- Financial Risk Management will provide you with a thorough understanding of
- advanced econometric analysis
- theories of risk, including bond market interest rate determination, market risk, liquidity risk and counterpart risk
- the role and impact of financial regulations.
- It will equip you with up to date risk management skills for the quantification of risk and the optimal asset allocation. These skills are essential for managing and hedging market, credit and interest rate risks.
- You will have access to statistical packages, such as MATLAB and EViews, and a dedicated computer lab that will enable you to put theory into practice.
- We are now partners with Bloomberg Experiential Learning. The ELP program recognises and celebrates academic institutions that are leaders in experiential learning through the integration of Bloomberg terminal exercises into curriculum.
- Take advantage of our individualised skills development programme, which will ensure you balance academic theory with crucial employability skills to help you maximise your potential and achieve your career goals.
Programme structure
You will take four core and two optional courses and complete a substantial independent piece of work, normally in the form of a dissertation.
Core courses
- Dissertation Gcefs
- Financial Markets, Securities and Derivatives
- Hedge Fund Risk Management
- Mathematical Finance
- Modelling and Forecasting Financial Time Series
Optional courses
- Applied Computational Finance
- Basic Econometrics
- Behavioral Economics:theory and Applications
- Corporate Finance and Investment
- Financial Services
- Portfolio Analysis and Investment
- Machine Learning in Finance With Python (Potential New Course for 2022 - Subject to Change/approval)
Programme alteration or discontinuation
The University of Glasgow endeavours to run all programmes as advertised. In exceptional circumstances, however, the University may withdraw or alter a programme.
Career prospects
As a graduate you will be qualified to work in risk management, asset management companies, hedge funds, wealth management banks and central banks. Graduates have found employment with companies such as Morgan Stanley, HSBC, KPMG, and the Royal Bank of Scotland. We have a dedicated careers and employability team who provide 1-2-1 support and advice, group workshops, employer events on campus and networking opportunities throughout the year to help you with your career prospects.
Fees & Funding
Tuition fees for 2023-24:
MSc
- UK - Full-time fee: £14,300
- International & EU - Full-time fee: £32,850
Entry requirements
2.1 Honours degree or non-UK equivalent in economics, finance, engineering, physics, or another highly mathematical discipline.
Only applications that meet or exceed our stated entry requirements will go forward for consideration. Any application that does not will be automatically rejected. Applicants will be made offers based on their relative performance compared to other applicants, taking into account both current GPA, or degree classification, and the relevance of an applicant’s academic background.
Please note, applications that meet our minimum entry requirements may still be rejected, based on its score in comparison to other applications received during the same round. Please review our stated entry requirements to ensure you meet or exceed them before submitting your application.
International students with academic qualifications below those required should contact our partner institution, Glasgow International College, who offer a range of pre-Masters courses.