While practically orientated, this MSc Applied Statistics and Financial Modelling proceeds from a strong theoretical background so as to develop your ability to tackle new and non-standard problems with confidence. The mutual dependence of practice and theory is emphasised wherever possible. The course is ideal if you are considering a career move into statistics, or if your work already involves aspects of data collection and exploration, the interpretation of statistics, or the use of advanced stochastic modelling techniques in the area of quantitative finance. It covers both theory and application of stochastic and statistical modelling techniques required to solve applied problems in industry, the public services, scientific research and commerce. The course has been specially designed to meet the personal and career development needs of people who want to continue working while also studying in the evening. Many of our students are involved in data analysis, the interpretation of statistics, the optimal design and control of systems, and the modelling and prediction of time-dependent phenomena. They bring a wealth of knowledge and experience into the classroom, and you’ll find yourself surrounded by committed, enthusiastic students from all backgrounds, careers and cultures. Highlights
- Accredited by the Royal Statistical Society - graduates are normally granted Graduate Statistician (GradStat) status.
- Birkbeck brings together research and teaching across economics and finance, mathematics and statistics in a single department, which creates significant interdisciplinary synergies.
- Our teaching is informed by the needs of employers and you will be taught by academics who are professional practitioners involved in the world of economics and international finance. They provide specialist advice and in-house training for government departments, City firms and banks.
- Our department houses active research groups in mathematics, econometrics and statistics, macroeconomics and microeconomics, which all host visiting speakers and organise seminars.
- The Birkbeck Centre for Applied Macroeconomics and the Commodities and Finance Centre are our two research centres, which disseminate research, host events and house visiting academics.
- You will have access to a wide range of study resources, including University of London seminar programmes in probability and statistics, and excellent library facilities close by in Bloomsbury. Extensive computing facilities include PCs and UNIX platforms.
For information about course structure and the modules you will be studying, please visit Birkbeck’s online prospectus.
Written examinations in May/June, assessed coursework and a project to be completed by 1 September. Two to four daytime examinations in the summer term.
Professionally accredited courses provide industry-wide recognition of the quality of your qualification.
- Statistical Society, Royal
How to apply
If English is not your first language or you have not previously studied in English, our usual requirement is the equivalent of an International English Language Testing System (IELTS Academic Test) score of 6.5, with not less than 6.0 in each of the sub-tests. If you don't meet the minimum IELTS requirement, we offer pre-sessional English courses, foundation programmes and language support services to help you improve your English language skills and get your place at Birkbeck.
A second-class honours degree (2:2) or above, with mathematics or statistics as a main subject. Other degrees or professional qualifications may also be acceptable, such as the Birkbeck Graduate Certificate in Statistics or the Graduate Diploma of the Royal Statistical Society. Applications are reviewed on their individual merits and your professional qualifications and/or relevant work experience will be taken into consideration positively. We actively support and encourage applications from mature learners.
English language requirements
Fees and funding
|Northern Ireland||£13620||Year 1|