倫敦大學(xué)城市學(xué)院

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.

Objectives

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.

Career pathways

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.

Recent graduates have secured positions such as:

Analyst
Technology Associate
Operations & Investor Relations Analyst
Credit Trading Market Risk.