About Msc Computational Finance in University of Essex
Our MSc Computational Finance equips you with the core concepts and mathematical principles of modern quantitative finance, plus the operational skills to use computational packages (mainly Matlab) for financial modelling.
We provide practical, hands-on learning about how modern, highly computerised financial markets work, how assets should be priced, and how investors should construct a portfolio of assets. In addition to traditional topics in derivatives and asset pricing, we place a special emphasis on risk management in non-Gaussian environment with extreme events.
You master these areas through studying topics including:
- Non-linear and evolutionary computational methods for derivatives pricing and portfolio management
- Applications of calculus and statistical methods
- Computational intelligence in finance and economics
- Financial markets
You also graduate with an understanding of the use of artificial financial market environments for stress testing, and the design of auctions and other financial contracts.
Our Centre for Computational Finance and Economic Agents is an innovative and laboratory-based teaching and research centre, with an international reputation for leading-edge, interdisciplinary work combining economic and financial modelling with computational implementation.
Our research is geared towards real-world, practical applications, and many of our academic staff have experience of applying their findings in industry and in advising the UK government.
This course is also available on a part-time basis.
Why we're great.
- Study in our Centre for Computational Finance, internationally renowned for leading edge, interdisciplinary work
- Work alongside experts who’ve applied their findings to advise industry and the UK government
- Our Employability and Careers Centre is on hand to help with careers advice and planning. You will also have opportunities to present your research and travel to international conferences
A degree with an overall grade of between 50-55% OR 6-7/10, depending on the degree institution.
English language requirements
IELTS 6.0 overall with a minimum component score of 5.5
University of Essex Highlights
| Type of University |
Public |
| Year of Establishment |
1964 |
| Campus Setting |
Urban |
| Total Enrollment |
14,760 |
| Total Faculty |
843 |
University of Essex The Average Tuition Fees And Other Expenses
The annual tuition fees for undergraduate courses is estimated to be around 16,050-18,730€ for a regular course. The approximate costs of living are mentioned in the table below:
| Expense |
Cost |
| Annual tuition fees |
£7,745-£13,418 |
| Accommodation |
£3,683-£8,400 |
| Food |
£1,170-£2,100 |
| Books and study material |
£605 |
| Personal expenses |
£536 |
