QS Rank:

281

University of Strathclyde

Glasgow City
,United Kingdom

Program Name
Master of Science in Applied Statistics in Finance
Overview

The Master of Science in Applied Statistics in Finance at the University of Strathclyde is a meticulously crafted program designed to equip students with advanced statistical skills tailored for the finance sector. This program is part of the esteemed Faculty of Science, which fosters a rich academic environment conducive to learning and innovation. As one of the leading institutions, the University of Strathclyde consistently ranks among the top global universities, making it a preferred choice for students seeking a world-class education. The strong focus on practical applications of statistics in finance prepares graduates to tackle complex financial challenges with confidence and precision.
The curriculum of the program is both comprehensive and dynamic, incorporating a range of specialized courses that cover essential topics such as quantitative methods, financial modelling, and data analytics. Students will delve into courses that include Statistical Inference, Time Series Analysis, Machine Learning for Finance, and Risk Management Techniques. Each of these courses is designed to provide students with not only theoretical knowledge but also practical skills that are directly applicable in the financial sector. The curriculum is continuously updated to reflect the latest trends and methodologies in the industry, ensuring that students are well-prepared for their future careers.
Faculty expertise plays a crucial role in the educational experience at the University of Strathclyde. The program faculty comprises accomplished academics and industry practitioners who bring a wealth of knowledge and real-world experience to the classroom. Students benefit from their mentorship and guidance, which fosters an environment of inquiry and innovation. The faculty employs a range of teaching methodologies, including interactive lectures, hands-on workshops, and collaborative projects, ensuring that learning is both engaging and effective. This approach not only enhances students' understanding of complex concepts but also develops their critical thinking and problem-solving abilities.
Research opportunities at the University of Strathclyde are extensive. The university encourages students to engage in research projects that align with their interests, providing access to state-of-the-art facilities and resources. Students are encouraged to collaborate with faculty on ongoing research initiatives, allowing them to contribute to meaningful advancements in the field of applied statistics. Additionally, the university hosts seminars and workshops featuring industry leaders and researchers, creating an enriching atmosphere where students can learn about the latest developments and best practices in finance and statistics.
The University of Strathclyde's strong connections with the financial industry significantly enhance students' career prospects. The program includes opportunities for internships and placements in reputable financial institutions, allowing students to gain invaluable hands-on experience. The university's career services are dedicated to helping students secure internships and job placements, offering support in resume building, interview preparation, and networking. Graduates of the program are well-equipped to pursue a wide range of career pathways, including positions as Financial Analysts, Quantitative Analysts, Data Scientists, and Investment Bankers. The average starting salary for graduates is approximately £47,000, which reflects the high demand for skilled professionals in this field.
The University of Strathclyde takes pride in its diverse student body and offers a welcoming environment for international students. With a strong emphasis on inclusivity and multiculturalism, the campus is home to students from various backgrounds, providing a rich cultural experience. Alumni of the program speak highly of their experiences, often highlighting the program's rigorous curriculum and the support received from faculty as instrumental to their success. Many alumni have secured prominent positions in leading financial firms and continue to contribute to the field through innovative research and practice.
In summary, the Master of Science in Applied Statistics in Finance is an exceptional choice for students aspiring to excel in the finance sector. Its rigorous curriculum, experienced faculty, extensive research opportunities, and strong industry connections make it a standout program. Graduates emerge as competent professionals ready to tackle the challenges of the financial world with the analytical skills and knowledge they have acquired.
Why Study Applied Statistics in Finance at University of Strathclyde
- A robust and comprehensive curriculum designed to address the demands of the financial sector.
- World-class faculty with extensive experience in both academia and the finance industry.
- A vibrant international community that enriches the learning experience with diverse perspectives.
- Strong industry connections facilitating internships, placements, and employment opportunities.
- A strong track record of graduate employability, with many students securing high-paying roles in top organizations.
- Access to cutting-edge research facilities and resources that support innovative learning and inquiry.

Duration
12 Months

Median Salary
$45,000
Ranking
#406
US World and News Report
#401
The World University Rankings
#281
QS World University Rankings
Class Profile

Class Size
30

Average Age
25

Average Work Experience
2 Years
Diversity
Africa:
2%Oceania:
1%Others:
2%Asia:
5%North America:
10%Europe:
20%Scotland:
60%United Kingdom:
40%Career Outcomes

Median Earnings After Graduation
$45,000 / year
Prospective Job Roles
Programmer
Financial Analyst
Investment Banker
Quantitative Analyst
Risk Analyst
Data Scientist
Researcher
Actuary
Consultant
Trader
Top recruiters










Eligibility Criteria
English Proficiency Tests
IELTS
6
PTE
60
TOEFL
73
Application Requirements
Here's everything you need to know to ensure a complete and competitive application—covering the key documents and criteria for a successful submission.
Transcript
Personal Statement
Portfolio
Academic LOR
Resume
Application Deadlines
Fees and Funding

Tuition Fees
$20,600 / year
Funding Options
External Sources - Scholarships
Department Funding
Scholarships
The Institute of Actuaries
FAQs
A student can complete Applied Statistics in Finance at University of Strathclyde with in 12.
The annual tuition fee to pursue Applied Statistics in Finance at University of Strathclyde is GBP 20600.
The Applied Statistics in Finance at University of Strathclyde has 2 semesters.
The submission of these scores mainly depends on the type of degree/ course selected at the University of Strathclyde. For example, the GMAT test is required to take admission to an abroad graduate management program, the LSAT is required during an abroad Law School admission process, and more. Therefore, check University of Strathclyde requirements before submitting a score.
Applied Statistics in Finance can help Indian/ international students gain: 1. Quality and Practical Education 2. Global Recognition 3. International Exposure 4. Amazing Job Opportunities 5. Experience of Lifetime and more
If a student fulfils all the eligibility criteria and admission requirements of University of Strathclyde, they can easily pursue Applied Statistics in Finance. The basic eligibility criteria include the following: 1. A GPA above 3 2. Well-written Statement of Purpose 3. An impressive Letter of Recommendation 4. A Work Experience Certificate (if required) 5. A Statement of Financial Proof 6. Academic Transcripts 7. Valid Visa, etc.
An MS degree at University of Strathclyde can usually be completed in 2 years. However, many universities offer a 1-year master’s specialisation as well. You can explore the official University of Strathclyde website to check the course/ degree duration.
One can apply for scholarships to pursue their international education at University of Strathclyde by: 1. Looking for country-specific scholarships by contacting the specific scholarship institutions. 2. Applying to or finding out if any subject-specific scholarships are available from the university website/ department.
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