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Learn technical and practical skills useful in pursuing a career in front or middle office positions.Who is it for?To successfully complete this Mathematical Trading and Finance master’s course, you must have a good understanding of mathematics.You may well have studied finance, economics, engineering or maths or physics as an undergraduate. Or you might have a bachelor’s degree in a science subject, in particular computer science.You should have a general interest in mathematics and
Learn technical and practical skills useful in pursuing a career in front or middle office positions.
Who is it for?
To successfully complete this Mathematical Trading and Finance master’s course, you must have a good understanding of mathematics.
You may well have studied finance, economics, engineering or maths or physics as an undergraduate. Or you might have a bachelor’s degree in a science subject, in particular computer science.
You should have a general interest in mathematics and statistics.
You should have a general interest in learning the more quantitative and mathematical techniques used in financial markets, but you don’t need to have a background in finance.
The difference between the MSc Mathematical Trading and Finance to the other two quants courses (MSc Financial Mathematics and MSc Quantitative Finance) are core modules which focus on quantitative trading and structuring.
You’ll study core modules which focus on the theory of finance and different financial assets. You will look at how these assets are priced and used for asset management or risk management purposes.
The second type of core modules cover the mathematical and statistical aspects needed in quantitative finance, including some stochastics. This also includes learning some programming languages, mainly Python, but Matlab and VBA modules are being offered as electives.
Finally, Term three offers you flexibility within your masters; either by writing a dissertation or undertaking a project. You can complete your postgraduate degree entirely choosing electives.
The job opportunities for students from the three quants master's programmes are very similar. They usually find employment with large investment banks, but also some smaller boutique finance firms, hedge funds or other specialist companies.
Working as quantitative analysts, in risk management, on fixed income security desks or in the asset management industry including hedge funds are typical jobs for students from the MSc Mathematical Trading and Finance degree.
Some students also secure positions on trading desks.
You will also have the skills to study for a PhD in the area of quantitative finance and financial markets.
A UK upper second class degree or above, or the equivalent from an overseas institution. Your academic background should be in a highly quantitative subject such as mathematics, physics, engineering, economics or computer science and having covered areas such as statistics, linear algebra and calculus. Work experience is not a requirement for this course.
City, University of London is a leading UK university, with a global vision and a commitment to transforming lives through education. It is home to over 20,000 students, 46% of which are studying at postgraduate level and has over 175,000 alumni from over 180 countries.
City is divided into five different academic Schools:
School of Arts & Social Sciences
The Business School (formerly Cass)
School of Health Sciences
The City Law School
School of Mathematics, Computer Science & Engineering
Research forms an essential part of the pursuit of academic excellence. City is dedicated to creating research that is not only innovative, but has a lasting, real-world impact across the world. Each of the five academic Schools has their own specialist research centres – there are 70 in total across City – along with four interdisciplinary research centres.
The Business School (formerly Cass) is one of City, University of London’s five Schools. Ranked 3rd in London, 6th in the UK and 25th in Europe (Financial Times European Business School ranking 2020), the Business School is part of...