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Lancaster University

Lancaster , England ,United Kingdom

Quantitative Finance MSc

Large investment banks such as HSBC and Barclays need people who can work on investment strategies and who can mathematically deduce how risky they are. This course is designed to give quantitative students a foothold in this financial world with the advanced, specialist skills that employers are seeking.

If you have a high level of mathematical ability, a background in a subject such as maths, engineering, physics or another highly quantitative subject and wish to move into finance, this could be the course for you.

Unlike other universities, we teach quantitative finance across four departments of Economics, Mathematics, Management Science, and Accounting and Finance. This means you are taught by specialists in each field and the faculty member with the most quantitative interests in each department. We also limit our class sizes to deliver quality teaching experience.

You will learn from your peers as you join Masters’ students from other disciplines such as Accounting and Finance, Management Science, Mathematics or Economics for each module.

Graduates of this course leave with a complete toolkit of skills, from big data mining techniques to Python programming. We also offer modules in Python Programming, Stochastic Calculus, Financial Econometrics, and Market Risk Forecasting and Control.

As a LUMS student, you will have the chance to work with our careers team and access our global alumni network. Many of our graduates secure roles with high potential earnings. Recent graduates have moved on to work at organizations such as UBS, Credit Suisse, and First Derivatives PLC. This course is also an excellent foundation if you are aiming for a Ph.D.

Intakes

  • Sep

Application Processing Time in Days: 20

Minimum English Language Requirements

English Level Description IELTS (1.0 -9.0) TOEFL IBT (0-120) TOEFL CBT (0-300) PTE (10-90)
Expert 9 120 297-300 86-90
Very Good 8.5 115-119 280-293 83-86
Very Good 8 110-114 270-280 79-83
Good 7.5 102-109 253-267 73-79
Good 7 94-101 240-253 65-73
Competent 6.5 79-93 213-233 58-65
Competent 6 60-78 170-210 50-58
Modest 5.5 46-59 133-210 43-50
Modest 5 35-45 107-133 36-43
Limited 4 32-34 97-103 30-36
Extremely Limited < 4 < 31 < 93 < 30

Job Opportunity Potential

Access help and advice, search for opportunities, see what events are taking place, apply for the Lancaster Award, explore further study options and other pathways to your future career.

Careers and Employability is open. All of our services are now available remotely.

You can book telephone or video appointments with our Careers Team, attend online workshops, send us a query and access all of our resources online. Information on how to access all of our services is available via this link.

International students bring a wealth of experience to the University and can offer a valuable insight into global careers. Support for international students is available from Lancaster University Careers Service.

PSW Opportunity

PSW is 2 years

Admission Requirement / Eligibility Criteria

Bachelor's degree at least 3 years in length with at least 60% overall, with at least 55% in each year (year 2 onwards)*.

Indian Standard XII English at 80% or above

English language requirements for the majority of our Master courses:

IELTS Academic test (UKVI Approved) with an overall score of at least 7.0, with a minimum of 6.0 in each element; or
IELTS Academic test (Other Centres) with an overall score of at least 7.0, with a minimum of 6.0 in each element; or
Pearson PTE Academic with a score of at least 65 and a minimum of 50 in each component of the test; or
ToEFL IBT with an overall score of at least 94, with a minimum of 19 in reading, 19 in listening, 19 in speaking and 22 in writing

The English language requirements for PhD:

IELTS Academic test (UKVI Approved) with an overall score of at least 7.5, with a minimum of 6.0 in each element; or
IELTS Academic test (Other Centres) with an overall score of at least 7.5, with a minimum of 6.0 in each element; or
Pearson PTE Academic with a score of at least 73 and a minimum of 50 in each component of the test; or
ToEFL IBT with an overall score of at least 102, with a minimum of 19 in reading, 19 in listening, 19 in speaking and 22 in writing

  • Course Type: Full Time
  • Course Level: Masters/PG Degree
  • Duration: 01 Year  
  • Total Tuition Fee: 24150 GBP
    Annual Cost of Living: 9207 GBP
    Application Fee: N/A
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