Course summary

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 and automation