{"id":2395,"date":"2016-06-17T10:08:00","date_gmt":"2016-06-17T09:08:00","guid":{"rendered":"http:\/\/www.macs.hw.ac.uk\/students\/?page_id=2395"},"modified":"2016-06-17T10:08:00","modified_gmt":"2016-06-17T09:08:00","slug":"msc-quantitative-finance-and-mathematics","status":"publish","type":"page","link":"https:\/\/www.macs.hw.ac.uk\/students-archive\/2017-18\/maths\/pg-programmes\/msc-quantitative-finance-and-mathematics\/","title":{"rendered":"MSc Quantitative Finance and Mathematics"},"content":{"rendered":"<p><strong>Programme Director:<\/strong>\u00a0\u00a0<a href=\"http:\/\/www.hw.ac.uk\/schools\/mathematical-computer-sciences\/staff-directory\/simon-malham.htm\">Dr.\u00a0Simon Malham<img decoding=\"async\" class=\"alignright\" src=\"https:\/\/www.hw.ac.uk\/staff\/img\/MALHAM.jpg\" alt=\"Simon Malham\" \/><\/a><\/p>\n<p>Programme Code:\u00a0F1FM-QFM<\/p>\n<p>For further information about course choices consult:<\/p>\n<ul>\n<li><a href=\"http:\/\/www.macs.hw.ac.uk\/macshome\/structures18\/F1FM-QFM_201718.pdf\">Programme Structure and Progression Rules<\/a> for your own degree programme.<\/li>\n<li><a href=\"https:\/\/www.macs.hw.ac.uk\/students-archive\/2017-18\/wp-content\/uploads\/Maths_MScGuide.pdf\">MSc Quantitative Finance and Mathematics Guide<\/a><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p>_____________________________________________________________________________<\/p>\n<p>Semester 1\u00a0<a href=\"http:\/\/www.macs.hw.ac.uk\/timetable\/MScQFMS1\">Timetable<\/a> \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0\u00a0Semester 2\u00a0<a href=\"http:\/\/www.macs.hw.ac.uk\/timetable\/MScQFMS2\">Timetable<\/a><\/p>\n<p>&nbsp;<\/p>\n<h2>Mandatory Courses<\/h2>\n<table style=\"height: 146px\" border=\"1\" width=\"475\" cellspacing=\"1\" cellpadding=\"3\">\n<tbody>\n<tr>\n<th style=\"text-align: center\">HW<br \/>\nCode<\/th>\n<th style=\"text-align: center\">Title<\/th>\n<th style=\"text-align: center\">Semester<\/th>\n<th style=\"text-align: center\">Notes<\/th>\n<\/tr>\n<tr>\n<td style=\"text-align: center\"><a href=\"https:\/\/www.macs.hw.ac.uk\/students-archive\/2017-18\/maths\/courses\/f11mt-modelling-and-tools\/\">F11MT<\/a><\/td>\n<td style=\"text-align: left\">Modelling and Tools<\/td>\n<td style=\"text-align: center\">1<\/td>\n<td style=\"text-align: center\"><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center\"><a href=\"https:\/\/www.macs.hw.ac.uk\/students-archive\/2017-18\/ams\/courses\/f71dv-derivatives-markets-and-pricing\/\">F71DV<\/a><\/td>\n<td style=\"text-align: left\">Derivative Markets and Pricing<\/td>\n<td style=\"text-align: center\">1<\/td>\n<td style=\"text-align: center\"><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center\"><a href=\"https:\/\/www.macs.hw.ac.uk\/students-archive\/2017-18\/maths\/courses\/f71sr-research-and-industry-topics\/\">F71SR<\/a><\/td>\n<td style=\"text-align: left\">Research and Industry Topics<\/td>\n<td style=\"text-align: center\">2<\/td>\n<td style=\"text-align: center\"><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center\"><a href=\"https:\/\/www.hw.ac.uk\/documents\/pams\/201718\/F11HM_201718.pdf\">F11HM<\/a><\/td>\n<td style=\"text-align: left\">Masters Project<\/td>\n<td style=\"text-align: center\">3<\/td>\n<td style=\"text-align: center\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2>Optional Courses: Any 2\u00a0from<\/h2>\n<table style=\"height: 129px\" border=\"1\" width=\"475\" cellspacing=\"1\" cellpadding=\"3\">\n<tbody>\n<tr>\n<th style=\"text-align: center\">HW<br \/>\nCode<\/th>\n<th style=\"text-align: center\">Title<\/th>\n<th style=\"text-align: center\">Semester<\/th>\n<th style=\"text-align: center\">Notes<\/th>\n<\/tr>\n<tr>\n<td style=\"text-align: center\"><a href=\"https:\/\/www.macs.hw.ac.uk\/students-archive\/2017-18\/maths\/courses\/f11fm-functional-analysis\/\">F11FM <\/a><\/td>\n<td style=\"text-align: left\">Functional Analysis<\/td>\n<td style=\"text-align: center\">\u00a01<\/td>\n<td style=\"text-align: center\"><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center\"><a href=\"https:\/\/www.macs.hw.ac.uk\/students-archive\/2017-18\/maths\/courses\/f11mm-optimisation\/\">F11MM<\/a><\/td>\n<td style=\"text-align: left\">\u00a0Optimization<\/td>\n<td style=\"text-align: center\">1<\/td>\n<td style=\"text-align: center\"><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center\"><a href=\"https:\/\/www.macs.hw.ac.uk\/students-archive\/2017-18\/cs\/courses\/f21bc-biologically-inspired-computation\/\">F21BC<\/a><\/td>\n<td style=\"text-align: left\">Biologically Inspired Computation<\/td>\n<td style=\"text-align: center\">1<\/td>\n<td style=\"text-align: center\">Only one of F21DL or F21BC can be taken.<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center\"><a href=\"https:\/\/www.macs.hw.ac.uk\/students-archive\/2017-18\/cs\/courses\/f21dl-data-mining-and-machine-learning\/\/\">F21DL<\/a><\/td>\n<td style=\"text-align: left\">Data Mining and Machine Learning<\/td>\n<td style=\"text-align: center\">1<\/td>\n<td style=\"text-align: center\">Only one of F21DL or F21BC can be taken.<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center\"><a href=\"https:\/\/www.macs.hw.ac.uk\/students-archive\/2017-18\/ams\/courses\/f71qr-quantitative-risk-analysis\/\">F71QR<\/a><\/td>\n<td style=\"text-align: left\">Quantitative Risk Analysis<\/td>\n<td style=\"text-align: center\">1<\/td>\n<td style=\"text-align: center\"><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center\"><a href=\"https:\/\/www.macs.hw.ac.uk\/students-archive\/2017-18\/ams\/courses\/f71sm-statistical-methods\/\">F71SM<\/a><\/td>\n<td style=\"text-align: left\">Statistical Methods<\/td>\n<td style=\"text-align: center\">\u00a01<\/td>\n<td style=\"text-align: center\"><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center\"><a href=\"https:\/\/www.hw.ac.uk\/documents\/pams\/201718\/C31FM_201718.pdf\">C31FM<\/a><\/td>\n<td style=\"text-align: left\">Financial Markets<\/td>\n<td style=\"text-align: center\">\u00a01<\/td>\n<td style=\"text-align: center\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2>Optional Courses: Any 3 from<\/h2>\n<table style=\"height: 129px\" border=\"1\" width=\"475\" cellspacing=\"1\" cellpadding=\"3\">\n<tbody>\n<tr>\n<th style=\"text-align: center\">HW<br \/>\nCode<\/th>\n<th style=\"text-align: center\">Title<\/th>\n<th style=\"text-align: center\">Semester<\/th>\n<th style=\"text-align: center\">Notes<\/th>\n<\/tr>\n<tr>\n<td style=\"text-align: center\"><a href=\"https:\/\/www.macs.hw.ac.uk\/students-archive\/2017-18\/maths\/courses\/f11da-data-assimilation-with-applications-to-climate-change-modelling\/\">F11DA<\/a><\/td>\n<td style=\"text-align: left\">Data Assimilation with Applications to Climate Change Modelling<\/td>\n<td style=\"text-align: center\">2<\/td>\n<td style=\"text-align: center\"><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center\"><a href=\"https:\/\/www.macs.hw.ac.uk\/students-archive\/2017-18\/maths\/courses\/f11nd-numerical-pdes\/\">F11ND<\/a><\/td>\n<td style=\"text-align: left\">Numerical Analysis (PDEs)<\/td>\n<td style=\"text-align: center\">2<\/td>\n<td style=\"text-align: center\">Cannot be taken with F71NT<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center\"><a href=\"https:\/\/www.macs.hw.ac.uk\/students-archive\/2017-18\/maths\/courses\/f11ss-stochastic-simulation\/\">F11SS<\/a><\/td>\n<td style=\"text-align: left\">Stochastic Simulation<\/td>\n<td style=\"text-align: center\">2<\/td>\n<td style=\"text-align: center\"><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center\"><a href=\"https:\/\/www.macs.hw.ac.uk\/students-archive\/2017-18\/ams\/courses\/f71apf70dp-advanced-derivative-pricing-2\/\">F71AP <\/a><\/td>\n<td style=\"text-align: left\">Advanced Derivative Pricing<\/td>\n<td style=\"text-align: center\">2<\/td>\n<td style=\"text-align: center\"><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center\"><a href=\"https:\/\/www.macs.hw.ac.uk\/students-archive\/2017-18\/ams\/courses\/applied-risk-management\/\">F71AR<\/a><\/td>\n<td style=\"text-align: left\">Applied Risk Management<\/td>\n<td style=\"text-align: center\">2<\/td>\n<td style=\"text-align: center\"><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center\"><a href=\"https:\/\/www.macs.hw.ac.uk\/students-archive\/2017-18\/ams\/courses\/f71cm-credit-risk-modelling\/\">F71CM<\/a><\/td>\n<td style=\"text-align: left\">Credit Risk Modelling<\/td>\n<td style=\"text-align: center\">2<\/td>\n<td style=\"text-align: center\"><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center\"><a href=\"https:\/\/www.macs.hw.ac.uk\/students-archive\/2017-18\/ams\/courses\/f71pt-portfolio-theoryf71ah-financial-economics-1\/\">F71PT<\/a><\/td>\n<td style=\"text-align: left\">Portfolio Theory<\/td>\n<td style=\"text-align: center\">2<\/td>\n<td style=\"text-align: center\"><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center\"><a href=\"https:\/\/www.macs.hw.ac.uk\/students-archive\/2017-18\/ams\/courses\/f79bi-bayesian-inference-computational-methods\/\">F79BI <\/a><\/td>\n<td style=\"text-align: left\">Bayesian Inference and Computational Methods<\/td>\n<td style=\"text-align: center\">2<\/td>\n<td style=\"text-align: center\"><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left\">\n<p style=\"text-align: center\"><a href=\"https:\/\/www.macs.hw.ac.uk\/students-archive\/2017-18\/ams\/courses\/f71nt-numerical-techniques-of-partial-differential-equations\/\">F71NT<\/a><\/p>\n<p style=\"text-align: center\"><a href=\"https:\/\/www.macs.hw.ac.uk\/students-archive\/2017-18\/ams\/courses\/f71ts-time-series-analysis\/\">F71TS<\/a><\/p>\n<p style=\"text-align: center\"><a href=\"https:\/\/www.hw.ac.uk\/documents\/pams\/201718\/C21FE_201718.pdf\">C21FE<\/a><\/p>\n<\/td>\n<td style=\"text-align: left\">Numerical Techniques for PDEs<\/p>\n<p>Time Series<\/p>\n<p>Financial Econometrics<\/td>\n<td style=\"text-align: center\">2<\/td>\n<td style=\"text-align: center\">Two 7.5 credit courses should be taken to achieve full credits<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>Composition:\u00a0<\/strong><br \/>\n8 taught courses (3 mandatory + 5 optional) plus a dissertation<\/p>\n<p><strong>Awards, Credits &amp; Level<\/strong><br \/>\n180 SCQF Credits including a minimum of 150 SCQF credits at Level 11<br \/>\n120 SCQF Credits including a minimum of 90 SCQF credits at Level 11<br \/>\n60 SCQF Credits including a minimum of 40 SCQF credits at Level 11<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MSc in Financial Mathematics jointly delivered by Heriot-Watt University and the University of Edinburgh.<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":76,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"page-templates\/maths.php","meta":{"footnotes":""},"tags":[17,18],"class_list":["post-2395","page","type-page","status-publish","hentry","tag-maths-pg-ed-programme","tag-maths-pg-programme"],"_links":{"self":[{"href":"https:\/\/www.macs.hw.ac.uk\/students-archive\/2017-18\/wp-json\/wp\/v2\/pages\/2395","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.macs.hw.ac.uk\/students-archive\/2017-18\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.macs.hw.ac.uk\/students-archive\/2017-18\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.macs.hw.ac.uk\/students-archive\/2017-18\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.macs.hw.ac.uk\/students-archive\/2017-18\/wp-json\/wp\/v2\/comments?post=2395"}],"version-history":[{"count":0,"href":"https:\/\/www.macs.hw.ac.uk\/students-archive\/2017-18\/wp-json\/wp\/v2\/pages\/2395\/revisions"}],"up":[{"embeddable":true,"href":"https:\/\/www.macs.hw.ac.uk\/students-archive\/2017-18\/wp-json\/wp\/v2\/pages\/76"}],"wp:attachment":[{"href":"https:\/\/www.macs.hw.ac.uk\/students-archive\/2017-18\/wp-json\/wp\/v2\/media?parent=2395"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.macs.hw.ac.uk\/students-archive\/2017-18\/wp-json\/wp\/v2\/tags?post=2395"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}