This is for you if... you want to know more about the use of cutting edge techniques in quantitative financial and economic analysis.
This course is for students who want to know more about the use of cutting edge techniques in quantitative financial and economic analysis. This course is aimed at students wanting to pursue employment in forecasting, finance, economic analysis and other related fields. You will develop a high level of data and analytical skills.
This programme will provide you with a unique skill set in data analytics and economic analysis, making you particularly suited to employers who require a high level of numeracy and analytical skills.
Choose one option module from:
Choose two option modules from:
Plus your dissertation
Modules shown represent choices available to current students. The range of modules available and the content of any individual module may change in future years.
Teaching will consist of a combination of lectures, seminars and computer labs. Research methods will be taught through a series of lectures and one-to-one supervision with your dissertation supervisor. Core modules will be assessed through a combination of coursework and traditional exams.
You will take modules between September and the end of December, and between January and May.
Between April and August you will focus on your dissertation. You dissertation allows us to assess your skills in research and application of taught methods, as well as skills in academic writing and communication.
This programme will provide you with a unique skill set in data analytics and economic analysis, making you particularly suited to employers who require a high level of numeracy and analytical skills. Graduates of this course may find employment in areas such as consulting companies, government, NGOs and in large corporations.
In addition, you will develop skills that have a broad employment focus, including problem solving, presentations, and analytical writing. You will be positioned to pursue employment across a wide range of sectors in management and analytics.
Our Career Development Service is here to support you, with advice on interviews, CVs, work experience, volunteering and more. From Freshers’ Week to Graduation and beyond, they are here to help you reach your professional goals.
Developed to meet the demand for data science professionals, our postgraduate Data Analytics course enables you to effectively structure, analyse and gain insight from a wide range of complex data across different industries.
Designed in close consultation with industry partners including the NHS Business Services Authority, Teradata, BT, SAS, the Pensions Regulator and local Brighton companies, your learning is informed by current business developments through case studies looking at real-world data sets, research questions and scenarios. You have the opportunity to collaborate on projects with our industry partners, and can also use your own data, project ideas and industry links.
Guest lecturers will share their knowledge and expertise with you, such as Tom Khabaza who is a founding chairman of the Society of Data Miners, author of 9 Laws of Data Mining and was involved in designing the course.
You will develop a skill set in specialist data analytics and associated software, quantitative methods and techniques, and business intelligence. Our staff are experts in their field and you have the chance to develop your knowledge in specialist areas where we have ongoing research and expertise, such as sequential forecasting, natural language processing and image processing.
Whether you are a recent graduate or an experienced professional wanting to gain data analysis skills, this course is available on a full or part-time basis to help you manage your studies around other commitments.
The course covers three main areas:
You will learn how to assess project viability, propose sound business cases and strategies for analysis, perform and oversee analysis and manage large data projects successfully as well as developing your critical appraisal and presenting techniques.
Based at our Moulsecoomb campus, you will have access to computer and research labs equipped with specialist, sophisticated software including SAS, SPSS Statistics and SPSS Modeller. Affordable student licences for home use are also available.
With a flexible timetable to suit full-time or part-time students and commuters, and lecturers available to support you in your module choices, there are different study routes available to you.
You will study five core modules. One of these involves a major project, potentially in collaboration with industry. You will also choose option modules, subject to availability, allowing you to focus on particular areas of interest.
*Option modules are indicative and may change, depending on timetabling and staff availability.
A wide variety of organisations draw upon data analytics specialists to help produce valuable information for decision-making, for example commodity price forecasting, customer intelligence, clinical trials, R&D and many other areas utilising large amounts of data.
Graduates are able to choose from a range of private, governmental and academic roles, depending on their personal interests. Some of our full-time students find a full-time job and switch to part-time study in the middle of the course.
Graduate destinations include:
This one-year interdisciplinary MSc programme delivered by the Management School and the Faculty of Science and Technology is designed to give you in-depth knowledge of the problems and issues in the financial sector, and enables you to develop advanced analytical, problem-solving and technical skills.
The programme gives you access to expertise and facilities in different but related areas, and offers a wide range of potential topics for your summer dissertation. Optional modules also allow you to develop particular specialisms.
You will acquire skills in data and financial analysis, forecasting, optimisation, and computer programming. You’ll also become proficient in various statistical and econometrics packages.
You will study a range of modules as part of your course, some examples of which are listed below.
Information contained on the website with respect to modules is correct at the time of publication, but changes may be necessary, for example as a result of student feedback, Professional Statutory and Regulatory Bodies' (PSRB) requirements, staff changes, and new research.
There is considerable variety in the teaching methods used on the MSc in Quantitative Finance. These include lectures and discussion sessions, groupwork, case studies, presentations and workshops on the use of statistical packages.
The style of teaching is often highly interactive, so you will be contributing actively to class discussions and engaging in groupwork with students from many different backgrounds. As some of the modules are shared with other faculties and Management School programmes such as Money, Banking and Finance, Management Science and Finance, you will also have an opportunity to work with Masters students from many different programmes.
The Careers Team at LUMS helps you shape your career plans and supports your job-hunting process in a variety of ways, including personalised one-to-one support and interactive workshops on areas such as career strategies, writing CVs and applications, interview skills, psychometric testing, what to expect at assessment centres, and online networking strategies.
A good MBA can really make you stand out for the top jobs in any type of business in fast paced major growth, transformation, innovation and operational change in any country and business discipline area. You develop insights across the top discipline functions such as finance, strategy, economics and project management, marketing, leading and managing people, supply chain and new business creation. These are all disciplines within themselves which you rapidly acquire skills and knowledge to manage successfully. These are essential disciplines to many known high street brands, service industries, online businesses and high growth start ups which ensure that if you start a business using existing skills or a new team that you are likely to provide a high growth enterprise very quickly. Alternatively you may have been employed within a sector undergoing a real transformation to prevent threat to business existence which involves you in making changes very quickly at operational level using the range of disciplines you learn.
In this situation you can overcome the threats quickly to ensure long term viability whilst managing short term risks to business and you can be a very sought after individual due to your ability to quickly assess what needs to be done with minimum impact to allow long term profitability. Many brands have recently been disrupted by mass communications and the rapid rise in online trading, some were able to quickly re-organise their business model to avoid going out of business, some were able to innovate and others relied on a wide variety of techniques to allow them to reinvent themselves. MBA positions are normally fast paced but very rewarding in terms of achievements and business satisfaction.
The Aberdeen University MBA is a one year full-time management programme which covers all the main disciplines of business management. You take leading edge modules during our intensive summer school, which is run by visiting scholars, as well as our own expert staff at the University of Aberdeen Business School. In drawing upon the international expertise of research-active staff, the programme promotes the development of cross-disciplinary knowledge in preparing students for effective management careers in both the private and public sectors. You can take this programme over a year full time or two years part time with September or January start.
You may be able to continue working whilst you study, but there is also an online option which may help you manage your time much better whilst studying (below)
Provides an understanding of accounting information and financial reporting and introduces key aspects of financial analysis to undertake accounting; ratio analysis, user-group specific tools, e.g. Z scores and credit ratings; accounting information, the stock market; forecasting and valuation.
You look at the management of capacity and inventory, production planning and control, project management and the management and improvement of quality.
You examine the ways in which economic theory may be applied to solve real business problems, focussing on aspects of economics vital to a student of business, to be comfortable with the tools of economic analysis as applied to the international, economic and business environments in which modern day businesses and policy makers have to operate.
Drawing mainly on microeconomics theories and applications in order to introduce students to many typical business situations.
You look at the context of innovation and change examining new product development (goods and services), innovation and change.
Investigates how each of us behave in a leadership role to develop your behaviour and your method of leadership.
The course helps you to understand the relationship between creativity and change within an organisation.
You will gain a strong understanding of the supply chain.
You will look at how globalisation affects the contemporary small business, trade and social capital.
The course helps you appreciate the links between HR procedures and organisational outcomes with practical issues faced by employees.
Find out about fees
*Please be advised that some programmes have different tuition fees from those listed above and that some programmes also have additional costs.
Find out more about:
Find out more about living in Aberdeen and living costs
You may also be interested in:
Weather and climate are integral parts of the Earth system. The monitoring of meteorological variables, together with the knowledge and modelling of underlying processes, are key to understanding our interaction with the natural environment.
This programme provides comprehensive training in understanding, modelling and prediction of atmospheric processes; as well as the collection, management, supply and application of atmospheric data for the needs of a variety of public and private sectors. The course also demonstrates how these create opportunities or pose problems for the successful operation of natural and human systems. Our aim is that upon graduation you will be able to compete for careers in Meteorology and Climatology.
This well-established programme was developed in response to industry and research institution requirements for applied meteorologists and climatologists. This demand continues, partially due to the growing attention of the society to climate change, its mitigation and adaptation to it.
The programme aims to:
Taught modules involve lectures, practical classes and supporting tutorials. Modules are provided by staff, supported by seminars from invited experts. Vocational awareness is developed through a 'work experience' week in which course participants gain hands-on experience for instance in a commercial weather forecasting environment.
The programme has been accredited by the Royal Meteorological Society to provide training for Chartered Meteorologists (CMet). The RMS 'Chartered Meteorologist' accreditation scheme provides the highest level of professional qualification in meteorology and will satisfy clients and employers that individuals have reached a specified level of knowledge and experience in the subject equivalent to that of Chartered status in any other profession.
The MSc course in Applied Meteorology and Climatology was initiated in 1963/64. It was developed in response to industry and research institution requirements for applied meteorologists and climatologists. This demand still continues. For example, over the period of the last decade, about 45 percent of graduates from the course have entered employment directly related to applied meteorology and climatology, while 37 percent have taken up research posts in this area.
The MSc Statistics offers a modern advanced curriculum in statistics which will enable you to broaden and deepen your understanding of the subject and its applications.
The programme will provide you with specific techniques and skills suitable for a professional career in statistics or as a solid basis for research in the area.
Optional topics typically include generalised linear models, Markov Chain Monte Carlo, the bootstrap, multivariate analysis, spatial statistics, time series and forecasting, multilevel models, stochastic finance, and shape and image analysis.
This course is accredited by the Royal Statistical Society.
- This course is informed by the work being carried out in the Statistics and Probability research group.
- The School of Mathematical Sciences is one of the largest and strongest mathematics departments in the UK, with over 60 full-time academic staff.
- In the latest independent Research Assessment Exercise, the School ranked 8th in the UK in "research power" across the three subject areas within the School of Mathematical Sciences (Pure Mathematics, Applied Mathematics, Statistics and Operational Research).
Advanced Stochastic Processes
Applications of Statistics
Fundamentals of Statistics
Time Series and Forecasting
Topics in Biomedical Statistics
IELTS: 6.0 (with no less than 5.5 in any element)
Businesses are increasingly collecting large amounts of information about their customers and activities. This ‘big data’ is big news with the media, businesses and government as they consider how to use this mass of information in a meaningful way.
Analysts use their expertise to make sense of this information and interpret it, enabling evidence-based business decisions. As a result, they’re in high demand with employers in every sector.
This programme gives you an insight into business analytics and explores how organisations can exploit the big data revolution. You’ll develop decision-oriented, quantitative analytical skills in a management context, and learn to sift intelligence from the growing volume and variety of data collected on many aspects of life.
Combining theoretical concepts with practical application, you’ll develop a unique mix of quantitative and behavioural skills relevant to data analyses, effective decision-making and management.
You’ll be taught by internationally recognised academics and business practitioners from our Centre for Decision Research, who are actively engaged in the latest research, advising businesses, governments and international bodies. They share this expertise and knowledge with you in the classroom.
With the Leeds Institute for Data Analytics on campus, the University of Leeds has a growing wealth of expertise and resources in data sciences.
This programme will build your knowledge and understanding of how business analytics can provide evidence to support management decision-making. You’ll learn how to use different evidence-based approaches to make effective decisions, developing your skills in quantitative analysis.
You’ll consider advanced techniques such as forecasting and have the opportunity to apply your decision-making skills to real-life business and management scenarios. With the support of leading researchers in this constantly shifting landscape, you’ll also gain an understanding of research methods.
A range of optional modules allows you to gain specialist knowledge that suits your interests or career plans.
The course culminates in a 12,000 word dissertation or project, enabling you to apply your learning to a topic of your choice. This is an opportunity to explore the very latest insights with the support of an academic who shares your passion and interest.
You’ll take eight compulsory modules including your dissertation.
You'll also choose another three optional modules.
We use a variety of teaching and learning methods to help you make the most of your studies. These will include lectures, seminars, workshops, online learning, computer classes and tutorials.
Independent study is also vital for this course allowing you to prepare for taught classes and sharpen your own research and critical skills.
Assessment methods emphasise not just knowledge, but essential skills development too. You’ll be assessed using a range of techniques including exams, group projects, written assignments and essays, in-course assessment, group and individual presentations and reports.
Graduates of the MSc Business Analytics and Decision Sciences can expect to have the quantitative skills to analyse complex business information, and use the resulting intelligence to inform business decisions.
You will be ideally placed to pursue a career in analytics and decision making, general and specialist management roles in a range of industries, or as business or market analysts.
Employers in both private and public sectors are actively seeking graduates with these skills, and trends show that the career opportunities are fast increasing. The role of the data scientist was described as the 'Sexiest Job of the 21st Century' by the Harvard Business Review.
Demand for experts in business analytics is growing rapidly and the University of Leeds is at the forefront of developments in this area.
Read more about Business Analytics at Leeds.
Links with industry
Students have the opportunity to develop leadership skills as part of our Leaders in Residence initiative which gives management students the opportunity to engage with senior figures from the world of business. This is a rare opportunity where successful and established business people will help you connect the theory of your course to real world practice, and offer their advice for career success.
You will be able to connect with leaders from a range of firms including major manufacturers and retailers, charity chief executives, entrepreneurs and directors of companies large and small, through structured meetings and events. This typically includes workshops, social events, guest lectures and professional skills development.
We help you to achieve your career ambitions by providing professional development support as part of the course. You benefit from our professional development tutor, who will work with you to develop the important professional skills that employers value.
Read more about our careers and professional development support.
The Careers Centre also provides a range of help and advice to help you plan your career and make well-informed decisions along the way, even after you graduate.
For an idea of what topics you may be able to study, view our 2017/18 modules list (2018/19 modules may differ).
Please note that all modules are subject to change. Please see our modules disclaimer for more information.
As one of our graduates, you will be well placed to pursue a scientific career in weather forecasting and meteorological research.
In recent years, our students have been recruited by the Met Office, MeteoGroup, FUGRO Geos, Arup, AIR and RMS. Others pursue careers associated with diverse aspects of environmental measurement, risk management and policy development.