入学要求Entry requirements:
学术要求:
We expect one of:
• a first- or upper second-class honours bachelor's degree from a United Kingdom university
• the equivalent from an overseas university
• a professional qualification which we judge to be at a comparable level.
You must have a strong mathematical background. Generally a degree in mathematics, engineering, physics, or statistics will be suitable although you may have to research some material, eg probability theory and PDEs. We will also test your mathematical ability during the Fundamental Tools week at the start of the course. More about admissions.
GMAT
Candidates with certain overseas degrees, some professional qualifications, or postgraduate diplomas, may be required to take the GMAT®, to show a well-balanced score above the 80 percent level. If you are asked to take the GMAT, please make an early application and arrange for your results to be sent directly to WBS.
英语要求:
If English is not your first language, you must demonstrate oral and written fluency in English. We accept:
• IELTS test score of at least 7
• TOEFL test score of at least 620 (paper-based), 260 (computer-based), or 105 (internet-based).
We will require your language certificates as evidence. Ideally your test should be less than two years old.
学费 Tuition Fee:The fee for 2011-2012 entry is £22,500。
课程特征 Course Features:
This course draws upon the research expertise of four departments: WBS, the Mathematics Institute, the Department of Statistics, and the Department of Economics. This ensures that the course is mathematically sound, whilst providing a first class business education and strong relationships with finance companies. We aim to equip you with a thorough grounding in the mathematics underlying modern finance theory. Our course is a mix of academia and practice; the study programme will enable you to take your cross-curricular knowledge to an advanced level. Furthermore, we’ll ensure you learn the theory and methodology and, crucially, can apply it in practice.
Graduates go on to work mainly as managers, accountants, associates, analysts, consultants and researchers at various banks and companies, such as the Bank of America, Barclays, Citigroup, Credit Suisse, Ernst & Young, HSBC, J.P. Morgan, KPMG, PwC, Standard Chartered Bank and Zurich Financial Services.
课程内容Course Content:
Core modules
Employers tell us they want to know that their new recruits have a high level base knowledge of the field. Our study programme is carefully designed to take you through that knowledge so you understand how it fits together and is applied in the workplace.
You will be allocated a Personal Tutor from one of the contributing departments at the start of the academic year. They will provide you with guidance and support throughout your studies here.
Term One
• Fundamental Tools Mathematics Institute
• Asset Pricing & C++ Modelling WBS & Mathematics Institute
• Derivative Securities WBS
• Numerical Methods A Mathematics Institute
• Probability & Stochastic Processes Department of Statistics
Term Two
• Continuous Time Finance for Interest Rate Models Department of Statistics
Your choice of three electives from a comprehensive list, typically including:
• Numerical Methods B Mathematics Institute
• Empirical Finance WBS
• Behavioural Finance WBS
• Financial Engineering & Structured Products WBS
• Financial Time Series Department of Statistics
• Financial Risk Management WBS
• Fixed Income & Credit Risk WBS
• Investment Management WBS
All taught modules are assessed by a mixture of examinations, tests, and assignments.
Term Three
You will undertake research training, and will work on your dissertation in Term 3 and over the summer months. Some students may choose to perform an external project with a sponsor from a financial institution.