Financial Engineering and Risk Management

Entry requirements

Months of entry

October

Course content

Is it possible to prevent another financial crisis? In a post-Covid-19 world the global finance sector requires financial engineers and risk managers to work alongside its traders in order to develop robust security measures to maximise financial stability.

MSc Financial Engineering and Risk Management aims to develop finance sector workers who are able to evaluate risk, act rationally and understand the economic impact of their actions in order to find solutions. While the trader is trying to make money, the risk manager is trying not to lose it and the financial engineer is building the tools to reduce associated risks.

If you feel comfortable in pressurised environments and can rise to the challenge of making ethical and robust financial decisions, this could be the finance specialism for you.

This course will enable you to follow advanced, contemporary study in financial engineering and risk management and develop a deeper understanding of the risks within modern financial securities. You will also become skilled in the design of powerful management systems to measure risk. Upon graduation, you should possess the skills and knowledge for a successful career in commercial, investment and central banks, hedge funds, regulatory authorities and rating agencies.

You will master areas including:

• asset pricing
• derivative securities
• financial modelling
• mathematical research techniques using Matlab
• machine learning
• automation

MSc Financial Engineering and Risk Management is taught at Essex Business School, at our Colchester Campus. Our students and staff join us from all over the world and our teaching is grounded in contemporary issues and professional practice, supported by industry-standard facilities, such as our Bloomberg virtual trading floor.

Essex Business School offers a limited number of scholarships for the CFA level one exam to exceptional Masters students.