MSc in Computational Finance
Program Available at Egham Campus
This course, offered by the Department of Computer Science and the Department of Economics, allows you to specialize in modern quantitative finance and computational methods for financial modeling, which are demanded jobs in asset structuring, product pricing as well as risk management.
Skills that you will acquire include the ability to:
- analyze, critically evaluate, and apply methods of computational finance to practical problems, including pricing of derivatives and risk assessment
- analyze and critically evaluate methods and general principles of computational finance and their applicability to specific problems
- work with methods and techniques such as clustering, regression, support vector machines, boosting, decision trees, and neural networks
- analyze and critically evaluate the applicability of machine learning algorithms to problems in finance
- implement methods of computational finance and machine learning using object-oriented programming languages and modern data management systems
- work with software packages such as MATLAB and R
- work with Relational Database Systems and SQL
You will be taught by world-leading academics. Research in Machine Learning at Royal Holloway started in the 1990s, at which time Vladimir Vapnik and Alexey Chervonenkis (the inventors of Support Vector Machines) were both professors here. We have developed both fundamental theory and practical algorithms that have fed into the analytics methods and techniques that are in use today. Current researchers include Alexander Gammerman and Vladimir Vovk – the inventors of conformal predictors theory, a radically new method of estimating the accuracy of each prediction as it is made – and Chris Watkins, the originator of reinforcement learning who developed ‘Q-learning’, a work that is fundamental to planning and control.
Intakes
- Sep
Application Processing Time in Days: 25
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 |
- Course Type: Full Time
- Course Level: Masters/PG Degree
- Duration: 01 Year
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Total Tuition Fee:
21000 GBP
Annual Cost of Living: 9207 GBP
Application Fee: N/A
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