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Applied Statistics and Financial Modelling at Birkbeck, University of London - UCAS

Course options

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Course summary

With a strong emphasis on practical application, this MSc Applied Statistics and Financial Modelling is designed to deepen your understanding of statistical methods and financial modelling techniques. It is ideal if you work in the arena of finance, data analysis or research but want to excel in a competitive job market. Why choose this course?

  • You will learn from experienced lecturers who are leaders in their fields, bringing real-world insights and cutting-edge research into the classroom.
  • The course has a comprehensive curriculum covering topics including advanced statistical methods, financial econometrics and risk management.
  • It benefits from our partnerships with leading financial institutions and gives you the chance to attend exclusive events to help enhance your professional network.
  • This course's strong reputation and practical focus help our graduates stand out for some of the top employers in finance, consulting and data analytics.
What you will learn You will master advanced statistical techniques and financial modelling tools to help prepare you for success in roles in data analysis, risk management and economic forecasting. The curriculum is also designed to equip you with practical skills directly applicable to real-world scenarios, ensuring you are ready to tackle complex career challenges. How you will learn This course is taught via a blend of lectures, seminars and workshops, providing you with a dynamic and interactive learning environment. It emphasises a hands-on approach to learning, ensuring you can apply theoretical knowledge to practical problems. This course is available to study full- or part-time and follows an evening timetable. Highlights
  • This course is accredited by the Royal Statistical Society - graduates may be granted Graduate Statistician (GradStat) status.
  • We offer state-of-the-art resources with access to cutting-edge software and tools in our modern computer labs.
  • You will join a diverse and inclusive community of students and faculty which fosters collaboration and networking.
  • We are located in the heart of London, with access to world-class facilities and vibrant cultural experiences, including University of London seminar programmes in probability and statistics, and excellent library facilities close by in Bloomsbury.
  • 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 training to government departments and City firms and banks.
  • We have active research groups in mathematics, econometrics and statistics, macroeconomics and microeconomics, that all host visiting speakers and organise seminars you can attend. For example, our Birkbeck Centre for Applied Macroeconomics disseminates research, hosts events and houses visiting academics.
Careers and employability On successfully graduating from this MSc Applied Statistics and Financial Modelling, you will have gained an array of essential transferable skills, including in:
  • advanced data analysis and statistical modelling
  • financial forecasting and risk management
  • critical thinking and problem-solving
  • effective communication and presentation skills.
Graduates can pursue career paths in data collection, research, analysis, modelling and forecasting. Possible professions include:
  • financial analyst
  • data scientist
  • risk manager
  • quantitative researcher roles.
Our graduates have gone on to be employed by organisations such as Goldman Sachs, JP Morgan, Deloitte and the Bank of England. Further information about careers in statistics is available from the Royal Statistical Society.

Modules

For information about course structure and the modules you will be studying, please visit Birkbeck’s online prospectus.

Assessment method

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.

Professional bodies

Professionally accredited courses provide industry-wide recognition of the quality of your qualification.

  • Statistical Society, Royal

How to apply

International applicants

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.

Entry requirements

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 for Data Science 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

Tuition fees

England £14520 Year 1
Northern Ireland £14520 Year 1
Scotland £14520 Year 1
Wales £14520 Year 1
International £24600 Year 1

Tuition fee status depends on a number of criteria and varies according to where in the UK you will study. For further guidance on the criteria for home or overseas tuition fees, please refer to the UKCISA website .

Additional fee information

Students are charged a tuition fee in each year of their course. Tuition fees for students continuing on their course in following years may be subject to annual inflationary increases.
Applied Statistics and Financial Modelling at Birkbeck, University of London - UCAS