Imperial College Business School MSC in Risk Management and Financial Engineering Program Analysis

Imperial College offers an MSC in Risk Management and Financial Engineering. The program prepares students for careers in Financial Engineering and Risk Management. This is one of the best colleges if you are planning to apply for MSc in marketing in the UK. The highlights of the program are-

• Analytical Study of Financial Engineering and Risk Management
• Development of Academic Thinking and Business Strategies
• Hands-on Understanding of Risk Management
• Prime Business Location
• Direct Access to Leading Organizations

Class Profile

The size of the class is 172. 48/ students are female. The average age is 22 years. The undergraduate background of the students in Math, Economics, Engineering, Computing, and Science.

Program Contents

The curriculum provides all the technical tools and knowledge to excel in the Financial and Business world. The program is taught by industry practitioners and experienced faculty members.

The curriculum consists of Pre-Study Modules, Foundation Modules, Core Modules, Electives, and Projects.

Pre-Study Modules- Pre-Study Modules provide basic knowledge of areas that will be covered in detail during the program. The modules are Accounting Primer, Career Primer, Introduction to Finance, Introduction to Math, Plagiarism Awareness, and Study Skills.

Foundation Modules– The foundation modules are Foundations in Risk Management and Financial Engineering.

Core Modules– The Core Modules are Financial Statistics, Investments and Portfolio Management, Risk Management and Valuation, Stochastic Calculus, Empirical Finance: Methods and Applications, Financial Engineering, Ethics, and Professional Standards in Finance and Visual Basic for Applications. You can also apply for MFIN in the UK if you are looking for this college.

Electives– The electives are Advanced Options Theory, Asset Allocation, and Investment Strategies, Blockchain, and Applications, Computational Finance with C++, Credit Risk, Fixed Income Securities, Insurance, Text Mining for Economics and Finance, Advanced Trading Strategies, Banks, Regulation and Monetary Policy, Big Data in Finance 1 & 2, Climate Finance, Corporate Finance for Practitioners, Corporate Governance and Stewardship, Entrepreneurial Finance, Enterprise Risk Management, International Finance, Innovation and Strategy in FinTech, Introduction to Quantitative Investing, Machine and Deep Learning with Finance Applications, Private Equity and Venture Capital, Structured Credit and Equity Products, and Wealth Management and Alternative Investments.

Projects– During the program students participate in Applied Projects and Research Projects. The projects help in the development of skills, and a deep understanding of financial markets, industry, and economy.

Software– Students have access to software like Bloomberg, Reuters Eikon, and Datastream.

Admission Requirements and Instructions

The admission requirements are-

• Academic Transcripts
• Personal Statement
• Resume
• Contact Details of two Referees
• GMAT/GRE scores
• IELTS/TOEFL scores
• Career Planning Questions
• Quantitative Experience Statement
• Programming/Computer Software Experience
• Application Processing Fee

Application Instructions

• Transcripts must include the name of the Degree and Modules studied, marks scored and classification achieved.
• Personal Statement must include Your motivation behind pursuing this program, your proudest achievement, what will you contribute to the Imperial community? and the positive impact of the degree.

Cost of the Program and Financial Aid

The cost of the program is Euro 39,000. The cost covers tuition fees.

Financial Aid

The financial aid options provided by the university are-

• Africa Regional Scholarship
• Black Future Leader Award
• Bright Network Scholarship
• Beeisu-Imperial College London Scholarship
• Dean’s Impact Scholarship
• GREAT-Imperial College
• Imperial Excellence Scholarship
• LATAM Regional Scholarship
• LGBTQ Scholarship
• The WL Bill Byres Global Scholarship
• Women in Finance Scholarship
• Bright Network Application Fee Waiver
• Imperial Loyalty Bursary

Employment Statistics

According to the Employment report, 92/ of students were employed within six months of graduation. 28/ of the students were employed in The United Kingdom and 22/ of the students were employed in the Asset Management or Investment Banking sector.

The leading hiring sectors were Investment Banking, Consultancy, Accounting Services, Corporate or Retail Banking, Wealth Management, Sales and Trading, and Information Services.

Read Also- Barqat collection by Abhishti to create a buzz this Rakhi

The leading hiring companies were Accenture, CITIC Securities, Goldman Sachs, Morgan Stanley, KPMG, HSBC, China Development Bank, EY, JP Morgan, and PWC.

The roles served are Analyst, Data Scientist, Management Trainee, Quantitative Research, Finance and Accounting Manager, Consultant, Investment Banking Analyst, and Sales Trader.

Program Outcomes

The program outcomes are-

• Application of Econometrics theory and software to analyze and evaluate investment decisions, and data.
• Usage of various programs to implement and develop live implementations of financial models.
• Application of Mathematical Tools to solve complex financial problems related to Risk Measurement, Risk Management, and Risk Pricing.
• Detailed Knowledge of Fundamental finance theories and models including their derivation and use.