Transcript QF FM MTF Slides 06 02 14
MSc in Mathematical Trading & Finance MSc in Quantitative Finance MSc in Financial Mathematics Information Session 6 February 2014, 18.30
MSc programmes
ACTUARIAL
Actuarial Science
Actuarial Management MANAGEMENT Streams in:
Strategic Management
Marketing
Entrepreneurship SHIPPING, TRADE & FINANCE
Shipping, Trade & Finance
Energy, Trade & Finance FINANCE
Corporate Finance
Finance
Investment Management
Banking & International Finance
International Accounting & Finance
Real Estate Investment
Finance and Investment (part-time only) QUANTITATIVE FINANCE
Mathematical Trading & Finance
Quantitative Finance
Financial Mathematics REAL ESTATE
Real Estate
Real Estate Investment INSURANCE
Insurance & Risk Management
One of the world’s top ranked business schools
Top 1 %
of elite business schools with triple accreditation to AMBA, EQUIS and AACSB Located in the heart of the financial centre of London, with
3000
students.
Facilities
Great location on the doorstep of the City of London Bloomberg and Thomson Reuters trading rooms Wireless access throughout the building Well stocked library with most recent book stock & journals
All teaching is informed by the latest research
Ranks Cass Top 10
UK business schools for business, management and finance research (RAE)
90 %
of our research of international significance (RAE)
Research centres include:
• Mergers & Acquisitions Research Centre • Centre for Asset Management Research • Emerging Markets Group • Research Centre for Real Estate Finance • Centre for Research in Asian Management • Centre for Banking Research Cass’s faculty are published in top industry journals
Recent Speakers
Jim O’Neil
Chairman of Asset Management, Goldman Sachs
Jean Claude Trichet
President European Central Bank, 2003 - 2011
Angela Knight
CEO, British Bankers Association, 2007 - 2012
Alistair Buchanon
CEO, Ofgem, 2003 - 2013
Lord Adair Turner
Visiting Professor, Cass Business School
His Excellency Sha Peixin
The Chinese Ambassador, Marketing in China
Prof Joseph Stiglitz
Make Globalisation Work
George Osbourne
Chancellor of the Exchequer
Term dates 2014 - 2015
INDUCTION TERM I
4 Modules
TERM II
4 Modules
TERM III
Electives BUSINESS RESEARCH PROJECT SUBMISSION DEADLINE,
1 SEPTEMBER Sep Term I dates
29 Sept. – 7 December 2014
Exams
12 - 23 January 2015
Oct 2014 Nov Dec Jan Term II dates
26 January – 3 April 2015
Exams
27 April – 8 May 2015
Feb Mar Apr May Term III dates
11 May – 26 June 2015
Assessments
39 June – 10 July 2015
Jun Jul 2015 Aug Sep
MSc in Quantitative Finance MSc in Financial Mathematics Dr Laura Ballotta, Admissions Tutor Dr Dirk Nitzsche, Course Director
Why choose the MSc in Financial Mathematics?
Intends to provide the tools required to undertake high quality research in both financial and academic institutions Focuses on mathematical theory & programming tools Prepares students for a numbers of roles in • • • the financial industry involving Model development Product enhancement Implementation of variety of exotic derivative asset classes
Why choose the MSc in Quantitative Finance?
Blend of economics, statistics, finance and programming Intends to give students a sound understanding of the quantitative aspects of finance, used both by practitioners and academics Prepares students for a number of roles in the financial industry requiring extensive and in depth market analysis, or for a career in asset management
TERM I:
4 CORE MODULES
Financial Mathematics
Asset Pricing
Quantitative Finance
Numerical Methods 1: Foundations Mathematical Models for Financial Derivatives Derivatives Stochastic Calculus Foundations of Econometrics
TERM II:
4 CORE MODULES
Financial Mathematics Quantitative Finance
Fixed Income Securities Numerical Methods 2: Applications to Finance Advanced Stochastic Modelling Methods in Finance Risk Analysis Econometrics of Financial Markets Research Project Skills (1/2 module)
Term III
: 5 Electives or 1 elective plus project
Energy & Weather Derivatives Financial Extreme Value Statistics Advanced Financial Engineering Credit Risk Modelling and Credit Derivatives Econometrics Modelling Behavioural Finance Advanced Derivatives Technical Trading Private Equity Investment
…and many more
FM student intake 2013
South East Asia & Asia pacific Middle East
6% 3
European Union
22% 66%
UK China
3
QF student intake 2013
China
21%
UK
6%
South East Asia
9% 27%
Other European
37%
European Union
MSc in Mathematical Trading & Finance Prof. John Hatgioannides,
Course Director
Why MSc in Mathematical Trading & Finance?
• • Excellent reputation of the course it is the first degree of this specialist nature worldwide running for its 17th year Course complements theory and with current market practice Leading practitioners from quantitative and trading departments of financial institutions are teaching on the course. Bloomberg dealing room and Reuters facilities Cass offers students TRADERMADE, the leading platform for analytics/trading of FX (mainly) products Programme is offered full & part time
Term 1
(October –December)
4 core modules:
Mathematical Finance and Stochastic Calculus Derivatives 1: Forwards, Futures, Swaps: Theory and Dealing Room Applications Quantitative Asset Pricing Advanced Financial Econometrics
Term 2
(January – March)
4 core modules:
Derivatives 2; Beyond Black Scholes Valuation of Plain-Vanilla Options and the Pricing of Exotic Derivatives Numerical Methods Risk Analysis and Modelling Structured Equity and Energy Derivatives
Term 3
(April-June)
1/5 elective modules:
Advanced Financial Engineering and Credit Derivatives Fixed Income Arbitrage and Trading Quantitative Asset Management Advanced Options Trading Trading and Hedging in the Foreign Exchange Markets Advanced Financial Modelling and Forecasting Technical Analysis and Trading Systems
Project (June-July)
MTF student intake 2013
China
15%
Americas
6%
Africa
11% 6%
UK South East Asia & Asia Pacific
12% 21%
European Union
10%
Middle East
19%
Other European
Scholarships & funding
www.cass.city.ac.uk/masters/funding Private and corporate donors Awards available from between £1,000-£20,000 To qualify for a scholarship you must be of a high academic calibre demonstrated by a first class degree or equivalent and be in need of financial assistance Online application
The student community
1,200
students (Full and Part Time) Average age:
24
45%
women Over
100
Countries represented Americas Africa
10% 9%
Asia
25% 59%
Europe
Get involved
Sporting clubs – basketball, adventure sports, badminton, golf, cricket, ski/snowboarding, squash… Business related clubs – investments, trading floor, emerging markets, actuarial society… Others include – dance, film, food and wine and country specific interest clubs… Student organised events include: • • • 2013 Real estate conference Cass M&A Conference 2013 Cass Management Consultancy Society - Emerging Markets – New Safe Havens?
• Cass Finance Society - A Day in the Life of a Trader What Makes Traders Tick?
Getting on the right career path – Cass Careers
Workshops
Interview preparation CVs and applications Assessment centres Networking Commercial awareness Presentation skills Working with recruitment agencies Psychometric tests
One to one appointments Opportunities to engage with employers September Careers Fair
Organisations who participated in the Sept. 2013 MSc Careers Fairs
Organisations who participated in the Sept. 2013 MSc Careers Fairs
Active global community
Global Alumni Network 30,000 with lifetime access to the global on-line Cass alumni community
Active global community
Alumni Ball London Cass Women in Business (CWIB) Speaker Series: e.g., Women in Technology, Lehman Brothers 43 events worldwide Cass Entrepreneurs Network: e.g., Trends in New Media, Christmas party Regular country reunions, events & Lord mayors receptions - Moscow, Kuala Lumpur, New Delhi & Warsaw Alumni receptions in cities including - Paris, Frankfurt, Shanghai, Hong Kong, Tokyo, Sao Paulo & New York
Applying
Online application University degree with 2.1 or higher UK equivalent Provisional or full degree transcript Two references academic and / or professional GMAT (if required by Course Director) English proficiency (TOEFL / IELTS) Conditional / Unconditional decisions are rendered on a rolling basis within 4-6 weeks after receipt of the required documents
Keep in touch…
Search for the ‘Cass MSc Diaries’
@Cassinthenews
facebook/cassofficial Meet us in person: www.cass.city.ac.uk/courses/masters/events
London Finance Masterclass 25 February 2014, 19.00
Prof. Andrew Clare Associate Dean Cass MSc Programme
Cutting off the tail: Is it possible to design investment strategies that limit tail risk?
This free Masterclass is your opportunity to experience the sort of teaching our students enjoy on our MSc programmes taught in London.
For more details and to register: www.cass.city.ac.uk/masterclasses