Large investment banks such as HSBC and Barclays need people who can work on investment strategies and who can mathematically deduce how risky they are. This course is designed to give quantitative students a foothold in this financial world with the advanced, specialist skills that employers are seeking. The course could be ideal for those who have a high level of mathematical ability, a background in a subject such as maths, engineering, physics or another highly quantitative subject and wish to move into finance.
Unlike other universities, Lancaster teaches quantitative finance across four departments of Economics, Mathematics, Management Science, and Accounting and Finance. This means students are taught by specialists in each field, and the faculty member with the most quantitative interests in each department. Class sizes are also limited to deliver a quality teaching experience. Students will learn from their peers as they join Masters’ students from other disciplines such as Accounting and Finance, Management Science, Mathematics or Economics for each module.
Graduates of this course leave with a complete toolkit of skills, from big data mining techniques to Python programming. The department also offers modules in Python Programming, Stochastic Calculus, Financial Econometrics and Market Risk Forecasting and Control.
LUMS student will have the chance to work with the careers team and access the university's global alumni network. Many Lancaster graduates secure roles with high potential earnings. Recent graduates have moved on to work at organisations such as UBS, Credit Suisse and First Derivatives PLC. This course is also an excellent foundation if students are aiming for a PhD.
| Level | Masters |
| Discipline | Sciences |
| Duration | 12 months |
| Intakes | Jan, Sep |
| Application Fees | GBP 0 |
| Tuition Fees | GBP 24150 |
| Campus | Main |
| Language proficiency (minimum) | |
| IELTS | 7 |
|---|---|
| TOEFL | 94 |
| PTE | 65 |
| Duolingo | Not Required / Waiver |
| Exam proficiency (minimum) | |
| SAT | Not Required / Waiver |
|---|---|
| ACT | Not Required / Waiver |
| GRE | Not Required / Waiver |
| GMAT | Not Required / Waiver |
Minimum GPA - 75%
141
155
301-400
312
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