MSc Financial Engineering

The Financial Engineering MSc at the University of Birmingham is designed to provide students with skills in mathematics, computing, risk management and finance that will be useful to commercial and investment banks, trade commodity and insurance companies, and other sectors. The course provides a specialist skill set and knowledge-based approach in quantitative finance, tailored to the needs of the financial, insurance and related industries.Course Content: The course provides a balance between mathematical theory, practical programming and financial market applications. Topics covered range from the basics of mathematical finance, to advanced and quantitative techniques of financial derivatives pricing, interest rate markets and credit risk management.Key Modules: The course comprises compulsory modules such as 'Financial Derivatives', 'Numerical Methods in Finance', 'Financial and Risk Modelling' and 'Advanced Financial Risk Management', among others. Additionally, students have the opportunity to pick elective modules to further enhance their knowledge in a specific area.Accreditations: The Financial Engineering MSc is accredited by the Institute of Mathematics and its Applications (IMA), the UK’s learned and professional society for mathematics, directly or indirectly relevant to the professional practice of their members. This accreditation allows graduates from this programme to fast-track the process of attaining chartered mathematician or scientist status.Future Careers: Graduates of the Financial Engineering MSc often find employment in financial institutions, consultancies, software houses, energy, commodities and transport sectors, and various government offices concerned with the finance sector.For more information on this course, please visit the official course page.