Overview

It is also suited to those wishing to gain salary enhancements, or students wishing to pursue advanced studies in quantitative finance.

Learn how to forecast and manage risk and return
Gain the skills to price any financial instrument
Learn how to engineer new methods and financial products
Build advanced knowledge of the main theoretical and applied concepts in quantitative finance, financial engineering and risk management, using current issues to stimulate your thinking

Prepare for careers involving the design and management of new financial instruments, the development of innovative methods for measuring, or predicting and managing risk.

Career opportunities

This Quantitative Finance course from The University of Manchester provides ideal preparation for a career in the finance industry specialising in designing and trading financial instruments. These financial engineers are expected to be proficient in computer programming and strong in financial mathematics. They have to be at ease with complex derivatives and creative enough to find solutions for pricing and hedging. The course also provides research skills for those who wish to pursue an academic career by studying at doctoral level.

Programme Structure

Courses include:

Interest Rate Derivatives

Derivative Securities

Asset Pricing Theory

Time Series Econometrics

Stochastic Calculus for Finance

Credit Risk Measurement and Management

Risk, Performance and Decision Analysis

Real Options in Corporate Finance

Cross Sectional Econometrics

Corporate Finance

Key information

Duration

Full-time
- 12 months

Start dates & application deadlines

Starting 2026-09-29 00:00:00
- Apply before 2026-07-05 00:00:00

Language

English

TOEFL^® IBT

100

Schedule TOEFL®

PTE Academic

76

Schedule a PTE test!

IELTS

7

Prepare for Your English Test

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Credits

180 alternative credits

Delivered

On Campus

Campus Location

Manchester, United Kingdom
Manchester, United Kingdom

Disciplines

Finance View 680 other Masters in Finance in United Kingdom

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Academic requirements

GPA

Upper Second Class

GRE^®

Required

GMAT

Required

English requirements

TOEFL^® IBT

100

Schedule TOEFL®

PTE Academic

76

Schedule a PTE test!

IELTS

7

Prepare for Your English Test

Cathoven AI IELTS Preparation

Learn your IELTS Score

AI-powered IELTS feedback. Clear, actionable, and tailored to boost your writing & speaking score. No credit card or upfront payment required.

Trusted by 300k learners
98 accuracy using real exam data
4.9/5 student rating

Other requirements

General 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

Tuition Fees

Tuition fees are shown in and the most likely applicable fee is shown based on your nationality.

International Applies to you

Applies to you

Non-residents

35000 GBP / year

≈ 35000 GBP / year
Domestic Applies to you

Applies to you

Citizens or residents

21500 GBP / year

≈ 21500 GBP / year

Living costs

Manchester

United Kingdom

645 - 1197 GBP / month

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

Funding

Win a €10000 Scholarship! Deadline: 30 June 2020

Embark on your journey with the Studyportals Scholarship! We're giving away a total of 20,000 euros to help you achieve your dream of studying abroad.

Win a €10000 Scholarship! Deadline: 30 June 2020

Embark on your journey with the Studyportals Scholarship! We're giving away a total of 20,000 euros to help you achieve your dream of studying abroad.

In order for us to give you accurate scholarship information, we ask that you please confirm a few details and create an account with us.

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Scholarships Information

Below you will find Master's scholarship opportunities for Quantitative Finance.

Available Scholarships

You are eligible to apply for these scholarships but a selection process will still be applied by the provider.

On this page

About

Overview

Career opportunities

Programme Structure

Key information

Duration

Start dates & application deadlines

Language

Prepare for Your English Test

Credits

Delivered

Campus Location

Disciplines

What students do after studying

Academic requirements

English requirements

Prepare for Your English Test

Other requirements

General requirements

Tuition Fees

International Applies to you

Domestic Applies to you

Living costs

Manchester

Funding

Scholarships Information

Available Scholarships

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