MSc in Risk and Stochastics
Programme code: TMRIST
Students take five compulsory half unit courses and one and a half units of optional courses.
Paper |
Course number and title | |
|---|---|---|
1 |
Stochastic Processes (H) | |
2 |
Insurance Mathematics (H) | |
3 |
Computational Methods in Finance and Insurance (H) | |
4 |
Stochastics for Derivatives Modelling (H) | |
5 |
Recent Developments in Finance and Insurance (H) | |
6 |
One of the following: | |
|
Probability and Measure (H) | |
The Mathematics of the Black and Scholes Theory (H) | ||
The Foundations of Interest Rate and Credit Risk Theory (H) | ||
Quantifying Risk Modelling and Alternative Markets (H) | ||
Time Series (H) | ||
Applied Stochastic Processes (H) | ||
Probabilistic Methods in Risk Management and Insurance (H) | ||
Advanced Probability Theory (H) | ||
Financial Statistics (H) | ||
Introduction to Markov Processes and Their Applications (H) (n/a 15/16) | ||
7 & 8 |
Two of the following: | |
|
Forecasting Financial Time Series (H) | |
Derivatives (H) | ||
Quantitative Methods for Finance and Risk Analysis (H)* | ||
Continuous Time-Optimisation (H) | ||
Further half unit(s) from those courses listed under paper 6 above. | ||
Further half unit(s) from other appropriate MSc courses, subject to the approval of the Programme Director and the Teacher responsible for the course. | ||
Notes |
* Students taking this course can apply for a place on FM457 Applied Computational Finance, a non-assessed computer course. | |
The Bologna Process in relation to taught masters programmes of nine or ten months duration.
