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Risk and Investment Management (MSc)

MSc|Postgraduate Taught

Risk and Investment Management

Entry year
2023
Entry requirements
2.1
Duration
1 year (Full Time)
Places available
Open (Full Time)

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 cutting edge of their fields, many also have relevant industry experience.

Risk and Investment Management highlights

Professional Accreditations

  • 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.

Industry Links

  • Students have the opportunity to hear from industry professionals who deliver guest lectures. Students have the opportunity to network afterwards.

World Class Facilities

  • 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.
  • Students may wish to join the Student Managed Fund, which seeks to achieve positive returns through superior stock selection using quantitative and qualitative fundamental analysis. This is a real money student managed investment fund. The goal is to achieve consistent long term positive returns by optimally managing downside risk. The Fund seeks to mitigate risk through sufficient diversification and through a series of strict rules and procedures.

Student Experience

  • Students will use and have access to software such as R, Excel, Matlab, and databases such as Thomson one banker and Bloomberg.

Course Structure

The MSc Risk and Investment Management is a year-long full-time programme delivered in-person. Students start with an intensive induction week before undertaking eight modules across the first and second semesters. In the final semester, students either study an Applied Research Project or Dissertation.

Semester 1Asset Pricing
Corporate Finance
Financial Regulation and Risk Management
Research Methods in Finance
Semester 2Credit Risk Management
Derivatives
Enterprise Risk Management and Risk Analytics
Time-Series Financial Econometrics
Semester 3Dissertation
Or
Applied Research Project
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

People teaching you

Programme Director

Corporate Finance
Email: y.tokbolat@qub.ac.uk

Career Prospects

Introduction
Risk management is currently, and will continue to be, a hot spot for graduate recruitment. As many financial firms are substantially expanding their risk management functions, this Masters 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 firm-wide 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.

Graduates have gone on to work for companies/institutions such as: EY, Accenture, HSBC, KMC Wealth Management, University of Bath, Queen’s University Belfast, CCGroup Inc., CNO Financial Group, Clune Construction Company, Edelweiss Financial Services, Home Credit China.

Working in roles such as: Financial Services Assurance, Management Consultant (Finance and Risk), Global Graduate Analyst, Product Support Associate, Data Analyst, Assistant Project Manager, Associate — Structured Finance, Team Lead, PhD Candidate.

Located in: Frankfurt, Dublin, San Francisco Bay Area, Chicago, Belfast, Greater New York City Area, New Delhi, Shenzhen, Kuala Lumpur.

Queen's postgraduates reap exceptional benefits. Unique initiatives, such as Degree Plus and Researcher Plus bolster our commitment to employability, while innovative leadership and executive programmes alongside sterling integration with business experts helps our students gain key leadership positions both nationally and internationally.
http://www.qub.ac.uk/directorates/sgc/careers/

Learning and Teaching

Learning opportunities available with this course are outlined below:

Teaching Times

Morning / Afternoon
Full-time option: modules are taught morning/afternoon/evening.

Assessment

Assessments associated with the course are outlined below:

Assessment is by a variety of methods, including individual coursework, group work, oral presentations, simulations, case studies, class tests, examinations and dissertation or work-based research project.

Modules

The information below is intended as an example only, featuring module details for the current year of study. Modules are reviewed on an annual basis and may be subject to future changes – revised details will be published through Programme Specifications ahead of each academic year.

  • Year 1

    Core Modules

    Asset Pricing (15 credits)
    Corporate Finance (15 credits)
    Derivatives (15 credits)

Entrance requirements

Graduate
Normally a 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. Performance in relevant modules must be of the required standard.

We welcome applications from a diverse range of applicants so will also consider previous work experience alongside academic qualifications. Prior experiential learning in quantitative analysis, Mathematics or Finance based subjects in lieu of academic qualifications will be considered on an individual basis. The University's Recognition of Prior Learning Policy provides guidance on the assessment of experiential learning (RPEL). Please visit http://go.qub.ac.uk/RPLpolicy for more information.

Applicants are advised to apply as early as possible and ideally no later than 11th August 2023 for courses which commence in late September. In the event that any programme receives a high number of applications, the University reserves the right to close the application portal. Notifications to this effect will appear on the Direct Application Portal against the programme application page.

Please note:  international applicants will be required to pay a deposit to secure a place on this course.

International Students

Our country/region pages include information on entry requirements, tuition fees, scholarships, student profiles, upcoming events and contacts for your country/region. Use the dropdown list below for specific information for your country/region.

English Language Requirements

Evidence of an IELTS* score of 6.5, with not less than 5.5 in any component, or an equivalent qualification acceptable to the University is required. *Taken within the last 2 years.

International students wishing to apply to Queen's University Belfast (and for whom English is not their first language), must be able to demonstrate their proficiency in English in order to benefit fully from their course of study or research. Non-EEA nationals must also satisfy UK Visas and Immigration (UKVI) immigration requirements for English language for visa purposes.

For more information on English Language requirements for EEA and non-EEA nationals see: www.qub.ac.uk/EnglishLanguageReqs.

If you need to improve your English language skills before you enter this degree programme, INTO Queen's University Belfast offers a range of English language courses. These intensive and flexible courses are designed to improve your English ability for admission to this degree.

  • Academic English: an intensive English language and study skills course for successful university study at degree level
  • Pre-sessional English: a short intensive academic English course for students starting a degree programme at Queen's University Belfast and who need to improve their English.

INTO - English Language Course(QSIS ELEMENT IS EMPTY)

Career Prospects

Introduction
Risk management is currently, and will continue to be, a hot spot for graduate recruitment. As many financial firms are substantially expanding their risk management functions, this Masters 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 firm-wide 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.

Graduates have gone on to work for companies/institutions such as: EY, Accenture, HSBC, KMC Wealth Management, University of Bath, Queen’s University Belfast, CCGroup Inc., CNO Financial Group, Clune Construction Company, Edelweiss Financial Services, Home Credit China.

Working in roles such as: Financial Services Assurance, Management Consultant (Finance and Risk), Global Graduate Analyst, Product Support Associate, Data Analyst, Assistant Project Manager, Associate — Structured Finance, Team Lead, PhD Candidate.

Located in: Frankfurt, Dublin, San Francisco Bay Area, Chicago, Belfast, Greater New York City Area, New Delhi, Shenzhen, Kuala Lumpur.

Queen's postgraduates reap exceptional benefits. Unique initiatives, such as Degree Plus and Researcher Plus bolster our commitment to employability, while innovative leadership and executive programmes alongside sterling integration with business experts helps our students gain key leadership positions both nationally and internationally.
http://www.qub.ac.uk/directorates/sgc/careers/

Additional Awards Gained(QSIS ELEMENT IS EMPTY)

Prizes and Awards(QSIS ELEMENT IS EMPTY)

Graduate plus award for extra-curricular skills

In addition to your degree programme, at Queen's you can have the opportunity to gain wider life, academic and employability skills. For example, placements, voluntary work, clubs, societies, sports and lots more. So not only do you graduate with a degree recognised from a world leading university, you'll have practical national and international experience plus a wider exposure to life overall. We call this Graduate Plus. It's what makes studying at Queen's University Belfast special.

Tuition Fees

Northern Ireland (NI) 1 £8,360
Republic of Ireland (ROI) 2 £8,360
England, Scotland or Wales (GB) 1 £8,360
EU Other 3 £23,100
International £23,100

MSc (T) Finance 

1 EU citizens in the EU Settlement Scheme, with settled status, will be charged the NI or GB tuition fee based on where they are ordinarily resident. Students who are ROI nationals resident in GB will be charged the GB fee.

2 EU students who are ROI nationals resident in ROI are eligible for NI tuition fees.

3 EU Other students (excludes Republic of Ireland nationals living in GB, NI or ROI) are charged tuition fees in line with international fees.

All tuition fees quoted are for the academic year 2023-24, and relate to a single year of study unless stated otherwise. Tuition fees will be subject to an annual inflationary increase, unless explicitly stated otherwise.

More information on postgraduate tuition fees.

Additional course costs

All Students

Depending on the programme of study, there may be extra costs which are not covered by tuition fees, which students will need to consider when planning their studies.

Students can borrow books and access online learning resources from any Queen's library. If students wish to purchase recommended texts, rather than borrow them from the University Library, prices per text can range from £30 to £100. Students should also budget between £30 to £75 per year for photocopying, memory sticks and printing charges.

Students undertaking a period of work placement or study abroad, as either a compulsory or optional part of their programme, should be aware that they will have to fund additional travel and living costs.

If a programme includes a major project or dissertation, there may be costs associated with transport, accommodation and/or materials. The amount will depend on the project chosen. There may also be additional costs for printing and binding.

Students may wish to consider purchasing an electronic device; costs will vary depending on the specification of the model chosen.

There are also additional charges for graduation ceremonies, examination resits and library fines.

Risk and Investment Management costs

There are no specific additional course costs associated with this programme.

How do I fund my study?

The Department for the Economy will provide a tuition fee loan of up to £5,500 per NI / EU student for postgraduate study. Tuition fee loan information.

A postgraduate loans system in the UK offers government-backed student loans of up to £10,609 for taught and research Masters courses in all subject areas. Criteria, eligibility, repayment and application information are available on the UK government website.

More information on funding options and financial assistance.

International Scholarships

Information on scholarships for international students, is available at www.qub.ac.uk/International/International-students/International-scholarships.

How to Apply

Apply using our online Postgraduate Applications Portal and follow the step-by-step instructions on how to apply.

Apply now

When to Apply

The deadline for applications is normally 30th June 2021. In the event that any programme receives a high volume of applications, the university reserves the right to close the application portal earlier than 30th June deadline. Notifications to this effect will appear on the Direct Entry Portal (DAP) against the programme application page.

Terms and Conditions

The terms and conditions that apply when you accept an offer of a place at the University on a taught programme of study.
Queen's University Belfast Terms and Conditions.


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