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FINANCIAL RISK MANAGEMENT (MSC)

Birkbeck, University of London

  • September, 2020 Start Date

  • 1 year Duration

  • Full Time Study Mode

  • £12600.00 Course Fee

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Course Description

In the wake of recent financial crises, a better understanding - and application - of financial risk management is playing an increasingly critical role in the financial sector. Birkbeck's MSc Financial Risk Management has been designed to meet the demand from the financial sector for individuals with expertise in this field. The course will equip you with the broad range of statistical and mathematical tools you need to tackle practical, real-world problems in financial risk management. 

Upon successful completion of this course, you will have the expertise to identify and manage the major sources of risk in the financial markets. You will understand the role of financial derivative products, their use (and misuse) and how they are priced, and you will be able to analyse financial data and build risk models, detect trends in data, test a given hypothesis and forecast future values. You will also understand how to build an investment portfolio (of risky assets) and carefully monitor its performance over time. 

Birkbeck's postgraduate finance courses are built around our long-running experience in research-led evening teaching. Many of our students work in the finance industry, which generates a lively atmosphere in class and ensures that you'll be studying alongside committed, enthusiastic students with a wealth of experience. You will be taught by active researchers, working at the cutting edge in their respective fields, who are also experienced professional practitioners, giving specialist advice and in-house training to government departments and banks and firms in the City of London. This course is challenging and demanding, so you should demonstrate strong intellectual ability in your application and be willing to work hard. 

In the wake of recent financial crises, a better understanding - and application - of financial risk management is playing an increasingly critical role in the financial sector. Birkbeck's MSc Financial Risk Management has been designed to meet the demand from the financial sector for individuals with expertise in this field. The course will equip you with the broad range of statistical...

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Course Content

The programme begins with a September module in Quantitative Techniques, which introduces you to mathematical and statistical techniques. You must pass examinations in this module to progress to the MSc programme itself.

You then take three core modules and two or three compulsory modules - Theory of Finance and Derivatives plus either Econometrics, Econometrics of Financial Markets or Financial Econometrics I and Financial Econometrics II - choose two option modules and complete a dissertation.

CORE AND COMPULSORY MODULES

  • Credit Risk Management
  • Econometrics
  • Econometrics of Financial Markets
  • Financial Econometrics I
  • Financial Econometrics II
  • Market Risk Management
  • Mathematical Risk Management
  • Quantitative Techniques
  • Theory of Finance and Derivatives

OPTION MODULES

  • Asset Management
  • Commodities and Commodities Derivatives, Computational Methods for Commodities
  • Contemporary issues in Financial Reporting for Complex Entities
  • Corporate Finance
  • Derivatives across Asset Classes: Valuation and Hedging
  • Economics of Financial Markets
  • Financial Markets, Banking and Regulation
  • Forecasting Economic and Financial Time Series
  • Monetary Economics
  • Principles of Financial Reporting
  • Structured Trade Finance and Fundamentals of Commodity Markets

DISSERTATION

  • Dissertation MSc Financial Risk Management

The option modules offered may vary from year to year and depend on factors such as timetables and student demand.

The programme begins with a September module in Quantitative Techniques, which introduces you to mathematical and statistical techniques. You must pass examinations in this module to progress to the MSc programme itself. You then take three core modules and two or three compulsory modules - Theory of Finance and Derivatives plus either Econometrics, Econometrics of Financial Markets...

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Available Dates

Location Start Date Price  

Classroom

Birkbeck, University of London

Full Time, 1 year

September, 2020

£12600.00

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Classroom

Birkbeck, University of London

Part Time, 2 years

September, 2020

£6300.00

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Entry Requirements

Our standard postgraduate entry requirement is a second-class honours degree (2:2 or above) from a UK university, or an equivalent international qualification.

We will review every postgraduate application to Birkbeck on its 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.

On your application form, please list all your relevant qualifications and experience, including those you expect to achieve.

Apply now to secure your place and allow enough time for the application and enrolment process. You do not need to have completed your current qualification to start your application.

COURSE SPECIFIC ENTRY REQUIREMENTS

A second-class honours degree in a quantitative subject, such as mathematics, physics, statistics, economics or engineering.

Alternatively, a merit or higher in our MSc Finance.

INTERNATIONAL ENTRY REQUIREMENTS

Our standard postgraduate entry requirement for international students is a second-class honours degree (2:2 or above) from a UK university or an equivalent international qualification.

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. Some courses may require higher scores, particularly in the following subject areas:

  • arts management
  • cultural studies
  • development studies
  • film and media
  • geography
  • history
  • law
  • organizational psychology
  • psychology.

Please carefully check the Course-Specific Entry Requirements on your chosen programme for details of higher English language entry requirements.

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.

VISA REQUIREMENTS

If you are not from the European Economic Area (EEA) and/or Switzerland and you are coming to study in the UK, you may need to apply for a visa.

The visa you apply for varies according to the length of your course:

  • Courses of more than six months' duration.
  • Courses of less than six months' duration.
  • Pre-sessional English language courses.

International students who require a Tier 4 visa should apply for our full-time courses (with the exception of modular enrolment certificates of higher education and graduate certificates), as these qualify for Tier 4 sponsorship. If you are living in the UK on a Tier 4 visa, you will not be eligible to enrol as a student on Birkbeck's part-time courses (with the exception of some modules).

Our standard postgraduate entry requirement is a second-class honours degree (2:2 or above) from a UK university, or an equivalent international qualification. We will review every postgraduate application to Birkbeck on its individual merits and your professional qualifications and/or relevant work experience will be taken into consideration positively. We actively support...

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Assessment Methods

Assessment is an integral part of your university studies and usually consists of a combination of coursework and examinations, although this will vary from course to course - on some of our courses, assessment is entirely by coursework. The methods of assessment on this course are specified below under 'Methods of assessment on this course'. You will need to allow time to complete coursework and prepare for exams.

Where a course has unseen written examinations, these may be held termly, but, on the majority of our courses, exams are usually taken in the Summer term, during May to June. Exams may be held at other times of the year as well. In most cases, exams are held during the day on a weekday - if you have daytime commitments, you will need to make arrangements for daytime attendance - but some exams are held in the evening. Exam timetables are published online.

Assessment is an integral part of your university studies and usually consists of a combination of coursework and examinations, although this will vary from course to course - on some of our courses, assessment is entirely by coursework. The methods of assessment on this course are specified below under 'Methods of assessment on this course'. You will need to allow time to complete...

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