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    Statistics (Financial Statistics)
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    London School of Economics and Political Science

    Statistics (Financial Statistics)

    London School of Economics and Political Science

    London School of Economics and Political Science

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    United Kingdom, London

    University RankQS Ranking
    45

    Key Facts

    Program Level

    Master by Course Work

    Study Type

    Full Time

    Delivery

    On Campus

    Course Code

    G4U6

    Campuses

    Houghton Street

    Program Language

    English

    Start & Deadlines

    Next Intake Deadlines30-Sep-2024
    Apply to this program

    Go to the official application for the university

    Duration 9 month(s)
    Tuition Fee
    GBP 37,992  / year
    Next Intake 30-Sep-2024

    Statistics (Financial Statistics)

    About

    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 will 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. 

    Graduates of the programme are awarded Graduate Statistician (GradStat) status by the Royal Statistical Society if a specific combination of modules is taken. 

    You may also be interested in the 12-month research stream of this programme, MSc Statistics (Financial Statistics) (Research), which includes a dissertation component. If you are on a Student visa, you will be unable to transfer to a longer degree programme once you are registered at the School.  We recommend that you choose between the 9 month or 12-month degree based on your future career plans before applying for your visa and registering at the School.

    You will take three compulsory courses which will consolidate your understanding of fundamental ideas in probability and statistics and their applications in finance. In addition, you will take courses to the value of two units from a range of options, including statistics and methodology courses as well as selected options from the Department of Finance.

     (* denotes a half unit) 

    Statistical Inference: Principles, Methods and Computation
    Provides comprehensive coverage on some fundamental aspects of probability and statistics methods and principles.

    Financial Statistics*
    Covers key statistical methods and the data analytic techniques most relevant to finance.

    Time Series*
    Provides a broad introduction to statistical time series analysis.

    Courses to the value of two units from a range of options

    For the most up-to-date list of optional courses please visit the relevant School Calendar page.

    You must note, however, that while care has been taken to ensure that this information is up to date and correct, a change of circumstances since publication may cause the School to change, suspend or withdraw a course or programme of study, or change the fees that apply to it. The School will always notify the affected parties as early as practicably possible and propose any viable and relevant alternative options. Note that that the School will neither be liable for information that after publication becomes inaccurate or irrelevant, nor for changing, suspending or withdrawing a course or programme of study due to events outside of its control, which includes but is not limited to a lack of demand for a course or programme of study, industrial action, fire, flood or other environmental or physical damage to premises.

    You must also note that places are limited on some courses and/or subject to specific entry requirements. The School cannot therefore guarantee you a place. Please note that changes to programmes and courses can sometimes occur after you have accepted your offer of a place. These changes are normally made in light of developments in the discipline or path-breaking research, or on the basis of student feedback. Changes can take the form of altered course content, teaching formats or assessment modes. Any such changes are intended to enhance the student learning experience. You should visit the School's Calendar, or contact the relevant academic department, for information on the availability and/or content of courses and programmes of study. Certain substantive changes will be listed on the updated graduate course and programme information page.

    Disciplines

    Department of Statistics

    Requirements

    Entry Requirements

    Taught master's programmes 

    To be considered for admission to a taught master's programme, we would normally require a bachelor's degree from a highly regarded institution with an overall mark of excellent, a CGPA of 3.7/4, or 84 per cent. Degrees from other institutions will be considered on a case by case basis.

    Career

    Quick Careers Facts for the Department of Statistics

    Median salary of our PG students six months after graduating: £33,000

    Top 5 sectors our students work in:

    • Financial and Professional Services
    • Accounting and Auditing
    • Information, Digital Technology and Data
    • Education, Teaching and Research
    • Advertising, Marketing, PR, Media, Entertainment, Publishing and Journalism

    The data was collected as part of the Graduate Outcomes survey, which is administered by the Higher Education Statistics Agency (HESA). Graduates from 2019-20 were the third group to be asked to respond to Graduate Outcomes. Median salaries are calculated for respondents who are paid in UK pounds sterling and who were working in full-time employment.

    The programme provides excellent opportunities for employment and further study. The programme is also conditionally accredited by the Royal Statistical Society. This means that although an accreditation is given, it will only lead to the award of 'Graduate Statistician' if you take a specific combination of modules.

    Further information on graduate destinations for this programme

    Support for your career

    Many leading organisations give careers presentations at the School during the year, and LSE Careers has a wide range of resources available to assist students in their job search. Find out more about the support available to students through LSE Careers.

    Fee Information

    Tuition Fee

    GBP 37,992  / year

    How to Apply

    All applications to the programme are made through the LSE Online Application System. You will need the following to complete an application:

    • University transcript and degree certificate: You will need to provide a degree transcript and certificate for each degree you list on the application form.
    • CV or résumé: This should outline your professional experience to date in chronological order. Please ensure that it includes at least 10 years of professional experience.
    • Names and contact details for two referees: At least one of your referees should know you in a professional capacity. LSE will email reference requests to your referees directly, so please provide work email addresses where possible.
    • Personal statement: This should provide a brief overview of your background and outline your reasons for joining the programme. Please keep it to two pages or less.

    Please note that the Executive MSc in Cities does not have a GRE/GMAT requirement.

    Further information about the application process is available on the Graduate Admissions website.

    London School of Economics and Political Science

    Statistics (Financial Statistics)

    London School of Economics and Political Science

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    United Kingdom,

    London

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