Is it possible to prevent another financial crisis? In a post-Covid-19 world the global finance sector requires financial engineers and risk managers to work alongside its traders to develop robust security measures to maximise financial stability.
MSc Financial Engineering and Risk Management aims to develop finance sector workers who can evaluate risk, act rationally and understand the economic impact of their actions in order to find solutions. While the trader is trying to make money, the risk manager is trying not to lose it and the financial engineer is building the tools to reduce associated risks.
If you feel comfortable in pressurised environments and can rise to the challenge of making ethical and robust financial decisions, this could be the finance specialism for you.
This course will enable you to follow advanced, contemporary study in financial engineering and risk management and develop a deeper understanding of the risks within modern financial securities. You will also become skilled in the design of powerful management systems to measure risk. Upon graduation, you should possess the skills and knowledge for a successful career in commercial, investment and central banks, hedge funds, regulatory authorities, and rating agencies.
You will master areas including:

asset pricing
derivative securities
financial modelling
mathematical research techniques using Matlab
machine learning
automation

MSc Financial Engineering and Risk Management is taught at Essex Business School, at our Colchester Campus. Our students and staff join us from all over the world and our teaching is grounded in contemporary issues and professional practice, supported by industry-standard facilities, such as our Bloomberg virtual trading floor.
Your future
Essex Business School is helping to create the business leaders of the future, those who are creative, innovative, and ethically aware. 90% of University of Essex’s postgraduate graduates are in employment or further study (Graduate Outcomes 2021).
Many of our graduates enjoy careers in financial analysis, management, public administration, and accountancy at some of the world’s most well-known organisations and exciting SMEs, including:

Groupon, a global e-commerce marketplace
KPMG Group, a multinational professional services network
Right Freight Pvt Ltd, an independent freight forwarder
Copal Partners, a financial consultation agency
Capital Markets Intelligence, a financial publisher
Credit Data Research, a business funder