MScRisk and Investment Management
Why is this subject for you?
- You have an interest in risk management and financial regulation.
- You want a career in areas such as corporate risk, compliance, consultancy, or academia.
- You want exemptions from the Professional Risk Manager (PRM) exams.
Studying risk and investment management looks at how organisations and investors should understand, evaluate and address relevant risks to maximise the chances of their objectives being achieved.
The programme equips students with the cutting-edge risk management tools and strategies used by leading financial firms and regulatory bodies. Academics who teach on this programme are at the forefront of their fields and draw experience from time spent at other institutions such as the Bank of England, Harvard University and UCLA. Many also have relevant industry experience.
- Entry requirements
- 2.1 Honours degree or equivalent qualification acceptable to the University in Mathematics, Accountancy, Finance, Economics or other relevant quantitative subject. Science and Engineering disciplines will be considered where there is a significant mathematical component.
- English language requirements
- An IELTS* score of 6.5 with a minimum of 5.5 in each test component. *Taken within the last 2 years.
- Tuition fees
- £19,900 / ¥181,071
Course Content
Semester 1 (CATS)
- Asset Pricing (15)
- Corporate Finance (15)
- Financial Regulation and Risk Management (15)
- Research Methods in Finance (15)
Semester 2 (CATS)
- Credit Risk Management (15)
- Derivatives (15)
- Enterprise Risk Management and Risk Analytics (15)
- Time-Series Financial Econometrics (15)
Semester 3
- Dissertation (60 CAT points)
or - Applied Research Project (60 CAT points)
ASSESSMENT
Assessment is by a variety of methods, including individual coursework, group work, oral presentations, simulations, case studies, class tests, examinations and dissertation or applied research project.
Related courses
- Economics
- 1 year
- Accounting and Finance
- 1 year
Applications open
Why Queen's
Trading Room
Certain classes are held in the Trading Room. Students have access to Bloomberg software, a market leader in financial news, data and analytics, which is used by many financial institutions. The Trading Room allows for an interactive and exciting learning environment which brings textbook theory to life.
Software
Students will use and have access to software such as Stata, Excel, Matlab, and databases such as Thomson One Banker, DataStream and Bloomberg.
Accreditation
This course has an academic partnership with GARP (Global Association of Risk Professionals), helping prepare students for the Financial Risk Manager (FRM) examinations. This course is part of the PRMIA (The Professional Risk Managers’ International Association) Risk Accreditation Program, giving students exemptions from Professional Risk Manager (PRM) exams I and II.
Guest Speakers
Students have the opportunity to hear from industry professionals who regularly deliver guest lectures. Students have the opportunity to network afterwards.
Student Managed Fund (SMF)
Quantitative Finance students are encouraged to join the Student Managed Fund to supercharge their future employability by having some real money investment experience. Queen’s Management School is one of only a handful of universities in the UK and Ireland to offer this experience which is a game changer when it comes to graduate employability. Students manage a real money investment portfolio of £30,000.
Careers
Risk management is currently, and will continue to be, a hotspot for graduate recruitment. As many financial firms are substantially expanding their risk management functions, this Master’s degree is likely to open a wide range of new and exciting career opportunities.
After graduation there is a wide variety of roles available for our students, some of which will suit those with mathematical skills who wish to utilise cutting-edge quantitative modelling techniques and work in collaboration with traders to develop bespoke financial products. Other roles involve portfolio and product risk management or monitoring firmwide business risks either in-house or as part of an external regulatory team. Graduates from this degree have quickly secured high-quality posts, most of which are in risk management functions.
The following are examples of employers:
- Allstate Insurance
- Apollo Aviation Management
- Aviva Insurance
- Bank of America
- Bank of China
- BlackRock Asset Management
- BskyB
- Caribbean Development Bank
- Celerion
- Central Bank, Ireland
- CitiGroup
- Danske Bank
- Dow Chemical Company
- Ernst and Young
- Financial Conduct Authority (UK)
- First Derivatives
- Global Financial Consultants, Singapore
- Lloyds Banking Group
- Mercer Plc
- New York Stock Exchange
- Permanent TSB
- Powergen, UK
- PwC UK
- Royal Bank of Scotland
- Single Electricity Market
- Towers Watson, London
- WR Berkley Insurance Europe
“The modules taught on the programme provide varied and comprehensive insights into both investment and risk management. The degree also offers professional accreditation and prepares us extremely well for a career in finance.” Tripti Sharma. MSc Risk and Investment Management
