MSc in Financial Risk Management, University of Glasgow

Glasgow,

12 Months

Check Eligibility

About this course

The MSc in Financial Risk Management at the University of Glasgow focuses on understanding and quantifying various types of financial risks such as market risk, liquidity risk, and credit risk. The programme emphasizes risk management techniques and theories, including advanced econometric analysis. It aims to equip students with skills in risk quantification and asset allocation, essential for managing market, credit, and interest rate risks. Students will learn to apply modern statistical packages like MATLAB and EViews, with access to a dedicated computer lab. The course also integrates Bloomberg terminal exercises through their partnership with Bloomberg Experiential Learning, offering practical, hands-on experience that prepares students for real-world risk management roles.

Why this course is highly recommended

This MSc offers in-depth knowledge of financial risk theories combined with practical skills, including access to industry-standard statistical tools and Bloomberg exercises. The program’s strong industry links, a dedicated careers team, and alumni success stories underscore its reputation for preparing students effectively for careers in risk management, asset management, hedge funds, banks, and central banks.

Specialisation

The programme specializes in financial risk management with courses covering market risk, bond market interest rate determination, liquidity risk, and regulatory impacts. Optional courses expand into computational finance, econometrics, behavioral economics, and machine learning in finance, providing a comprehensive skill set for risk assessment and asset management.

Course fees

Application fees

37.62L

1st year tuition fees

37.62L

Living cost

Degree requirements

Applicants should have a 2.1 Hons (or equivalent) in Economics, Finance, Engineering, Physics, or a highly mathematical discipline. Applications are considered based on GPA, degree classification, and the relevance of the academic background. Non-UK qualifications should contact Glasgow International College for pre-Masters courses.

English language test

PTE

TOEFL

DUOLINGO

IELTS

6.5

Career prospects

Graduates can pursue careers in risk management, asset management, hedge funds, wealth management, banks, and central banks. Notable employers include Morgan Stanley, HSBC, KPMG, and the Royal Bank of Scotland. The programme offers support through a dedicated careers team, providing workshops, employer events, and networking to enhance employability.

FAQs

What are the English language requirements for international students?

International students need a minimum IELTS Academic score of 6.5 with no subtest under 6.0, or an equivalent score in TOEFL, PTE, or other approved tests. Specific scores are listed for each test format and must be recent, within 2 years and 5 months.

What is the duration and start date of the programme?

The MSc is a 12-month full-time programme, starting in September each year.