Overview
Introduction
The Financial Statistics stream of the MSc Statistics programme is mainly intended for students wishing to pursue careers in the finance industry or as a stepping stone towards PhD study in statistics for finance.
It provides high-level training in statistics with applications in finance. You'll learn to analyse and critically interpret data, build statistical models of real situations, and use statistical software packages.
The compulsory courses consolidate your understanding of fundamental ideas in probability and statistics and introduce advanced topics. You can choose options to focus on various topics, including those in statistics (with applications in finance or social science), data science, or approved courses from other departments.
The research stream is similar to the MSc Statistics (Financial Statistics) nine-month programme but involves a compulsory dissertation which replaces one unit's worth of optional courses and extends the length of the programme to 12 months.
Preliminary readings
- R J Larsen and M L Marx, Introduction to Mathematical Statistics and its Applications (5th edition, Pearson 2012)
- W N Venables, D M Smith, and the R Core Team, An Introduction to R. Notes on R: A Programming Environment for Data Analysis and Graphics (2016)
