Birkbeck, University of London

Course Introduction

While practically orientated, this MSc in Applied Statistics and Financial Modelling proceeds from a strong theoretical background so as to develop your ability to tackle new and non-standard problems with confidence. The mutual dependence of practice and theory is emphasised wherever possible.

The programme is ideal if you are considering a career move into statistics, or if your work already involves aspects of data collection and exploration, the interpretation of statistics, or the use of advanced stochastic modelling techniques in the area of quantitative finance. It covers both theory and application of stochastic and statistical modelling techniques required to solve applied problems in industry, the public services, scientific research and commerce.

The programme has been specially designed to meet the personal and career development needs of people who want to continue working while also studying in the evening. Many of our students are involved in data analysis, the interpretation of statistics, the optimal design and control of systems, and the modelling and prediction of time-dependent phenomena. They bring a wealth of knowledge and experience into the classroom, and you?ll find yourself surrounded by committed, enthusiastic students from all backgrounds, careers and cultures.

Accredited by the Royal Statistical Society - graduates are normally granted Graduate Statistician (GradStat) status.

TEACHING

Teaching may include formal lectures, seminars, and practical classes and tutorials. Formal lectures are used in most degree programmes to give an overview of a particular field of study. They aim to provide the stimulus and the starting point for deeper exploration of the subject during your own personal reading. Seminars give you the chance to explore a specific aspect of your subject in depth and to discuss and exchange ideas with fellow students. They typically require preparatory study.

CAREERS AND EMPLOYABILITY

Graduates can pursue careers in data collection, research, and analysis, modelling and forecasting. Possible professions include statistician, operational researcher, or research scientist (maths). This degree may also be useful in becoming a forensic statistician or higher education lecturer.

Start Date:

Two to four evenings a week.

Duration & Attendance Qualification Tuition fees Fee type
2 years
Part Time Evening
MSc Home Fees
2 years
Part Time Evening
MSc Overseas Fees
2 years
Part Time Evening
MSc European Fees
1 year
Full Time
MSc £13,020 Home Fees
1 year
Full Time
MSc £19,020 Overseas Fees
1 year
Full Time
MSc £13,020 European Fees

Qualifications required:

  • Domestic entry requirements: A second-class honours degree or above, with mathematics or statistics as a main subject. Other degrees or professional qualifications may also be acceptable, such as the Birkbeck Graduate Certificate in Statistics or the Graduate Diploma of the Royal Statistical Society.
  • International entry requirements: A second-class honours degree or above, with mathematics or statistics as a main subject. Other degrees or professional qualifications may also be acceptable, such as the Birkbeck Graduate Certificate in Statistics or the Graduate Diploma of the Royal Statistical Society. If English is not your first language or you have not previously studied in English, our usual requirement is the equivalent of an International English Language Testing System (IELTS Academic Test) score of 6.5, with not less than 6.0 in each of the sub-tests.