MSc Quantitative Methods for Risk Management

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MSc Quantitative Methods for Risk Management

London School of Economics and Political Science

United Kingdom, London

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Home/United Kingdom/London /London School of Economics and Political Science/MSc Quantitative Methods for Risk Management

London School of Economics and Political Science

United Kingdom , London

Key Facts

Program Level

Master by Course Work

Study Type

Full Time

Delivery

On Campus

Course Code

G4U2

Campuses

Houghton Street

Program Language

English

Start & Deadlines

Next Intake DeadlinesSeptember-2026

Apply to this program

Go to the official application for the university

Duration 10 month(s)

Tuition Fee

GBP 39,900 / year

Next Intake September-2026

MSc Quantitative Methods for Risk Management

About

Introduction

The MSc Quantitative Methods for Risk Management offers world-class training in mathematical, statistical, and machine learning methods for the modelling and analysis of risk in financial markets and beyond.

This programme has been created in response to industry’s strong demand for experts with a deep understanding of risk and a modern quantitative toolset blending mathematical modelling, statistics, and machine learning.

The core part of the programme will offer in-depth instruction in the theory and application of stochastic processes, fundamental statistical methods for risk management, and modern computational techniques for challenging problems in quantitative finance and insurance.

Beyond the core component, you can make the most of the LSE’s world-class Departments of Statistics, Mathematics, and Finance, as you'll have the opportunity to take cutting-edge courses in statistics, data science, mathematical modelling, and finance.

You'll learn to handle real financial data, and, through case studies, you'll get hands-on training in solving real-world problems in finance and insurance.

The programme will prepare you for a range of expert careers in the financial and insurance industries as well as in applied or theoretical research and in regulatory bodies.

Preliminary readings

S Shreve Stochastic Calculus for Finance I: the binomial asset pricing model (Springer, 2004)
J C Hull Risk Management and Financial Institutions (Wiley, 2012)

Disciplines

Department of Statistics

Requirements

Entry Requirements

Graduate entry requirements for applicants from Saudi Arabia Taught master's programmes To be considered for admission to a taught master's programme (upper second class equivalent), we would normally require a bachelor's degree after at least four years of study with grades of 80 per cent, 3.3/4, 4.0/5, or an overall B, if awarded since 2004. If awarded prior to 2004, we require the master's with similar grades. To be considered for admission to a taught master's programme (first-class equivalent), we would normally require a bachelor's degree after at least four years of study with grades of 90 per cent, 3.75/4, 4.7/5, A or very good, if awarded since 2004. If awarded prior to 2004, we require the master's with similar grades. Research programmes (MPhil/MRes/PhD) To be considered for admission to a research programme, we would normally require a master’s degree if awarded after 2004 and expect grades of 85 per cent.

English Program Requirements

English language requirements

The English language requirement for this programme is Standard. Read more about our English language requirements.

Competition for places at LSE is strong. So, even if you meet the minimum entry requirements, this does not guarantee you an offer of a place.

However, please don’t feel deterred from applying – we want to hear from all suitably qualified students. Think carefully about how you can put together the strongest possible application to help you stand out from other students.

Career

From CV workshops through to careers fairs, LSE offers lots of information and support to help you make that all-important step from education into work.

Many of the UK’s top employers give careers presentations at the School during the year and there are numerous workshops covering topics such as job hunting, managing interviews, writing a cover letter and using LinkedIn.

In addition, each year, practitioners from the main finance/insurance firms are invited to give talks and interact with students. In some cases, this can lead to internship opportunities.

See LSE Careers for further details.

Fee Information

At LSE, your tuition fees, and eligibility for any financial support, will depend on whether you’re classified as a home or overseas student (known as your fee status). We assess your fee status based on guidelines provided by the Department for Education.

Further information about fee status classification.

Tuition Fee

GBP 39,900

Application Fee

GBP