You will begin by taking the compulsory pre-sessional course, which introduces some key concepts and techniques of relevant mathematical theory, such as probability.
You will then take five compulsory courses and will choose optional courses from a range of options, including stochastic analysis, preferences, optimal portfolio choice, equilibrium, derivatives modelling, Markov processes, financial risk analysis, international finance, and forecasting of financial time series. You will also take the non-assessed non-credit course Programming in C++.
(* denotes half unit)
The Mathematics of the Black and Scholes Theory*
Focuses on mathematical development of the risk-neutral valuation theory.
The Foundations of Interest Rate and Credit Risk Theory*
Examines the mathematical foundations of interest rate and credit risk theory.
Provides a broad introduction to stochastic processes, with an emphasis on financial and actuarial applications.
Fixed Income Markets*
Focuses on recent developments in fixed income securities pricing, hedging and portfolio management.
Computational Methods in Finance*
Develops computational skills and introduces a range of numerical techniques of importance to financial engineering.
Programming in C++ (non-assessed) Please note this has been withdrawn for 2020/21
Provides an introduction to programming with the C++ programming language.
Courses to the value of one and a half units from a range of options.
To find the most up-to-date list of optional courses please visit the relevant School Calendar page.
You must note however that while care has been taken to ensure that this information is up to date and correct, a change of circumstances since publication may cause the School to change, suspend or withdraw a course or programme of study, or change the fees that apply to it. The School will always notify the affected parties as early as practicably possible and propose any viable and relevant alternative options. Note that that the School will neither be liable for information that after publication becomes inaccurate or irrelevant, nor for changing, suspending or withdrawing a course or programme of study due to events outside of its control, which includes but is not limited to a lack of demand for a course or programme of study, industrial action, fire, flood or other environmental or physical damage to premises.
You must also note that places are limited on some courses and/or subject to specific entry requirements. The School cannot therefore guarantee you a place. Please note that changes to programmes and courses can sometimes occur after you have accepted your offer of a place. These changes are normally made in light of developments in the discipline or path-breaking research, or on the basis of student feedback. Changes can take the form of altered course content, teaching formats or assessment modes. Any such changes are intended to enhance the student learning experience. You should visit the School’s Calendar, or contact the relevant academic department, for information on the availability and/or content of courses and programmes of study. Certain substantive changes will be listed on the updated graduate course and programme information page.