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Masters (MSc) in Quantitative Finance

Gain a thorough understanding of the quantitative methods needed for financial decision making.

This Master's in Quantitative Finance enables you to learn how to design new financial products and gain advanced knowledge of the main theoretical and applied quantitative finance concepts. There is an international and multicultural perspective with a focus on current issues.

Alliance MBS is ranked 20th in the world for Accounting and Finance research according to the 2018 QS World Rankings, and the course is linked to The Manchester Accounting and Finance Group – one of the leading accounting and finance units in Europe.

Find out more about studying Accounting and Finance at Alliance MBS >>

Read about other Master's degree courses at Alliance MBS >>

MSc Quantitative Finance / Overview

Year of entry: 2020

Degree awarded
MSc
Duration
12 months full-time
Entry requirements

We require a First or Upper Second class honours degree (2:1, with 60% average) from a UK university or the overseas equivalent.

  • You ideally need a a degree in finance, economics, mathematics, statistics, physics, engineering, actuarial or decision sciences and have taken or be taking a significant number of modules in quantitative subjects, such as differential equations, econometrics or mathematical statistics in the final year of your degree, with excellent results
  • We highly recommend GMAT or GRE and anticipate a well-balanced score with a strong performance in the quantitative sections
  • When assessing your academic record, we take into account your grade average, position in class, references and the standing of the institution where you studied your qualification. 

Full entry requirements

How to apply

Apply online

Course options

Full-time Part-time Full-time distance learning Part-time distance learning
MSc Y N N N

Course overview

This specialist course gives you a thorough understanding of the full range of quantitative methods needed for financial decision making.

Open days

Postgraduate Open Day

Wednesday 6 November, 2019

Venue: The Mill, Alliance MBS (No 29 on Campus Guide)

Registration starts at 2.15pm

2.30-3.30pm       Welcome presentation, Masters alumni panel discussion

3.30-4.30pm       Meet academics, current students and admissions staff

3.30-4.30pm       Opportunity to take a campus tour.

Sign up now>>

Events in the UK and around the world

We attend many events in the UK, Europe and around the world. Find out when we're at an event in a city near you >>

If you're planning a visit to Manchester and are unable to attend an Open Day or Information Session, please organise a personal visit .

Fees

For entry in the academic year beginning September 2020, the tuition fees are as follows:

  • MSc (full-time)
    UK/EU students (per annum): £28,000
    International students (per annum): £28,000

The fees quoted above will be fully inclusive for the course tuition, administration and computational costs during your studies.

Refund Policy

Due to the competition for places and limited availability, this course requires a deposit of £2,000 to cover non-recoverable costs and secure your place. The deposit will be deducted from your tuition fees when you register on the course.

The deposit is non-refundable, except in the following situations:

  • you fail to meet the conditions of your offer (see below for further information); and/or
  • you are refused a visa or entry clearance to enter the UK (proof must be submitted)

If an offer has been made specifying an English Language condition which you do not meet, the Admissions Team will require the official certificate of an English Language test taken after the date of offer as evidence that you have attempted to meet your offer conditions for a refund to be approved. The English Language test certificate provided with your application documents will not be accepted as proof that you have attempted to meet your offer conditions as such a certificate will predate the offer.

If an offer has been made specifying an academic condition, the Admissions Team will require the official university documentation showing that you have not met this academic condition from the institution at which you have studied, as evidence for a refund to be approved.

The Admissions Team reserves the right to refuse to refund of any deposit that does not meet with the requirements outlined above.

Policy on additional costs

All students should normally be able to complete their programme of study without incurring additional study costs over and above the tuition fee for that programme. Any unavoidable additional compulsory costs totalling more than 1% of the annual home undergraduate fee per annum, regardless of whether the programme in question is undergraduate or postgraduate taught, will be made clear to you at the point of application. Further information can be found in the University's Policy on additional costs incurred by students on undergraduate and postgraduate taught programmes (PDF document, 91KB).

Scholarships/sponsorships

Contact us for further information about the new Accounting and Finance scholarship for UK/EU students and other  scholarships available .

Contact details

Department
Department of Mathematics
Contact name
Master's Admissions Team
Telephone
+44 (0) 161 306 1339
Email
Website
https://www.alliancembs.manchester.ac.uk/study/masters/msc-quantitative-finance/
School/Faculty

Our internationally-renowned expertise across the School of Natural Sciences informs research led teaching with strong collaboration across disciplines, unlocking new and exciting fields and translating science into reality.  Our multidisciplinary learning and research activities advance the boundaries of science for the wider benefit of society, inspiring students to promote positive change through educating future leaders in the true fundamentals of science. Find out more about Science and Engineering at Manchester .