Department of Computer Science | MSc Scientific Computing and Data Analysis (Financial Technology) 12 months Postgraduate Program By Durham University |Top Universities

Department of Computer Science | MSc Scientific Computing and Data Analysis (Financial Technology)

Subject Ranking

# 301-350QS Subject Rankings

Program Duration

12 monthsProgram duration

Scholarship

YesScholarships

Main Subject Area

Computer Science and Information SystemsMain Subject Area

Program overview

Main Subject

Computer Science and Information Systems

Degree

MSc

Study Level

Masters

Study Mode

On Campus

MSc Scientific Computing & Data Analysis (Financial Technology) at Durham University

[email protected]


Using the latest scientific computing and data analysis techniques, explore the mathematical principles behind modern financial markets.


Developments in fields such Finance, Physics and Engineering are increasingly driven by experts in computational techniques. The financial services sector has always been at the forefront of data analytics, and those with the skills to write code for the most powerful computers in the world and to process the biggest data sets can give a company a competitive edge.


Our suite of Masters in Scientific Computing and Data Analysis (MISCADA) offers an application-focused course to deliver these skills with three interwoven strands:


  • Computer Science underpinnings of scientific computing (algorithms, data structures, implementation techniques, and computer tool usage)
  • Mathematical aspects of data analysis and the simulation and analysis of mathematical models
  • Implementation and application of fundamental techniques in an area of specialisation (as well as Financial Technology  we offer options in Astrophysics, Computer Vision and Robotics, or Earth and Environmental Sciences)


The MISCADA specialist qualification in Financial Technology introduces you to the mathematical principles behind modern financial markets and elements of programming and communication in the context of the financial industry. Financial technology draws on tools from probability theory, statistics and mathematical modelling, and is widely used in investment banks, hedge funds, insurance companies, corporate treasuries and regulatory agencies to solve such problems as derivative pricing, portfolio selection and risk management.


There’s great synergy between the modules and you will be given plenty of opportunities to put your learning into practice from the start of the course. Our research-led approach allows you to take some of the newest theoretical ideas and directly translate them into working codes in their respective application areas. If you have an undergraduate degree in a science subject with a strong quantitative element, including computer science and mathematics and want to work at the highest level in financial technology, either in academia or in industry, then this could be the course you’re looking for.


Qualifications in computer science are highly sought after by employers across the globe and an award from our Department provides the academic skills, industry insight and research-informed approach that sets postgraduates up for careers in a broad range of sectors.


Many postgraduates have gone on to work as software engineers, analysts, consultants, programmers and developers. Some have founded their own start-ups or work in leading software companies, high-technology consultancies, banking and finance, retail, engineering, the communications and IT industry.


The Department has strong research links, spanning both industry and government, including the automotive sector with Jaguar Land Rover and Renault, the defence and security sector with QinetiQ and Boeing, with government in the Civil Service and at GCHQ and in the manufacturing sector with Procter & Gamble. Other high-profile employers include BAE Systems, Google and BT.


Durham University: Inspiring the Extraordinary

We believe that inspiring our people to do outstanding things at Durham enables Durham people to do outstanding things in the world.

A globally outstanding centre of teaching and research excellence, a collegiate community of extraordinary people, a unique and historic setting - Durham is a university like no other!

Program overview

Main Subject

Computer Science and Information Systems

Degree

MSc

Study Level

Masters

Study Mode

On Campus

MSc Scientific Computing & Data Analysis (Financial Technology) at Durham University

[email protected]


Using the latest scientific computing and data analysis techniques, explore the mathematical principles behind modern financial markets.


Developments in fields such Finance, Physics and Engineering are increasingly driven by experts in computational techniques. The financial services sector has always been at the forefront of data analytics, and those with the skills to write code for the most powerful computers in the world and to process the biggest data sets can give a company a competitive edge.


Our suite of Masters in Scientific Computing and Data Analysis (MISCADA) offers an application-focused course to deliver these skills with three interwoven strands:


  • Computer Science underpinnings of scientific computing (algorithms, data structures, implementation techniques, and computer tool usage)
  • Mathematical aspects of data analysis and the simulation and analysis of mathematical models
  • Implementation and application of fundamental techniques in an area of specialisation (as well as Financial Technology  we offer options in Astrophysics, Computer Vision and Robotics, or Earth and Environmental Sciences)


The MISCADA specialist qualification in Financial Technology introduces you to the mathematical principles behind modern financial markets and elements of programming and communication in the context of the financial industry. Financial technology draws on tools from probability theory, statistics and mathematical modelling, and is widely used in investment banks, hedge funds, insurance companies, corporate treasuries and regulatory agencies to solve such problems as derivative pricing, portfolio selection and risk management.


There’s great synergy between the modules and you will be given plenty of opportunities to put your learning into practice from the start of the course. Our research-led approach allows you to take some of the newest theoretical ideas and directly translate them into working codes in their respective application areas. If you have an undergraduate degree in a science subject with a strong quantitative element, including computer science and mathematics and want to work at the highest level in financial technology, either in academia or in industry, then this could be the course you’re looking for.


Qualifications in computer science are highly sought after by employers across the globe and an award from our Department provides the academic skills, industry insight and research-informed approach that sets postgraduates up for careers in a broad range of sectors.


Many postgraduates have gone on to work as software engineers, analysts, consultants, programmers and developers. Some have founded their own start-ups or work in leading software companies, high-technology consultancies, banking and finance, retail, engineering, the communications and IT industry.


The Department has strong research links, spanning both industry and government, including the automotive sector with Jaguar Land Rover and Renault, the defence and security sector with QinetiQ and Boeing, with government in the Civil Service and at GCHQ and in the manufacturing sector with Procter & Gamble. Other high-profile employers include BAE Systems, Google and BT.


Durham University: Inspiring the Extraordinary

We believe that inspiring our people to do outstanding things at Durham enables Durham people to do outstanding things in the world.

A globally outstanding centre of teaching and research excellence, a collegiate community of extraordinary people, a unique and historic setting - Durham is a university like no other!

Admission requirements

1 Year
Sep-2024

Tuition fee and scholarships

One of the important factors when considering a master's degree is the cost of study. Luckily, there are many options available to help students fund their master's programme. Download your copy of the Scholarship Guide to find out which scholarships from around the world could be available to you, and how to apply for them.

In this guide you will find:
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Where to look for scholarship opportunities

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How to apply to scholarships relevant to you

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A list of available scholarships around the world

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A scholarship application checklist

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More programs from the university

Durham University is a globally outstanding centre of teaching, learning and research excellence, a collegiate community of extraordinary people, in a unique and historic setting. Durham is a university like no other!

We conduct innovative and impactful research to transform lives and make a difference globally and locally: research to empower and inspire.

We offer a broad range of courses. Our degree programmes are informed by research undertaken by our high-calibre staff in partnership with policymakers, industry, the public sector and communities globally.
 
Alongside the outstanding education we offer to students, we believe that participating in every aspect of university life is fundamental. The deep affinities created by each of our 17 Colleges ensure that we always have a sense of community at the heart of all we do.

Durham's four Faculties offer a host of Undergraduate courses covering a variety of subject disciplines:

  • Durham University Business School
  • Faculty of Arts & Humanities
  • Faculty of Science
  • Faculty of Social Sciences & Health

Opportunities for multidisciplinary studies are also available through the Department of Natural Sciences, Department of Liberal Arts or the Department of Combined Honours in Social Sciences.

Please visit the Durham University website (www.durham.ac.uk) for the full available suite of Undergraduate programmes.

Durham University: Inspiring the Extraordinary

Durham University is a globally outstanding centre of teaching, learning and research excellence, a collegiate community of extraordinary people, in a unique and historic setting. Durham is a university like no other!

We conduct innovative and impactful research to transform lives and make a difference globally and locally: research to empower and inspire.

We offer a broad range of courses. Our degree programmes are informed by research undertaken by our high-calibre staff in partnership with policymakers, industry, the public sector and communities globally.
 
Alongside the outstanding education we offer to students, we believe that participating in every aspect of university life is fundamental. The deep affinities created by each of our 17 Colleges ensure that we always have a sense of community at the heart of all we do.

Durham's four Faculties offer a host of Masters/Postgraduate Taught courses covering a variety of subject disciplines:

  • Durham University Business School
  • Faculty of Arts & Humanities
  • Faculty of Science
  • Faculty of Social Sciences & Health

Please visit the Durham University website (www.durham.ac.uk) for the full available suite of Masters/Postgraduate Taught programmes.

Durham University: Inspiring the Extraordinary

Postgrad programs 170