University of Essex

Program Information

Degree Offered

MSc

Format: Campus, Online

Program Description:

On our MSc High Frequency Finance and Trading, we equip you with the core concepts and quantitative methods in high frequency finance, along with the operational skills to use state-of-the-art computational methods for financial modelling. We enable you to attain an understanding of financial markets at the level of individual trades occurring over sub-millisecond timescales, and apply this to the development of real-time approaches to trading and risk-management.

In addition to traditional topics in financial econometrics and market microstructure theory, we put special emphasis on statistical and computational methods for modelling trading strategies and predictive services that are deployed by hedge funds, algorithmic trading groups, derivatives desks, and risk management departments.

MSc High Frequency Finance and Trading includes hands-on projects on topics such as order book analysis, VWAP & TWAP, pairs trading, statistical arbitrage, and market impact functions. You have the opportunity to study the use of financial market simulators for stress testing trading strategies, and designing electronic trading platforms.

Our Centre for Computational Finance and Economic Agents is an innovative and laboratory-based teaching and research centre, with an international reputation for leading-edge, interdisciplinary work combining economic and financial modelling with computational implementation.

We are supported by Essex’s highly rated Department of Economics, School of Computer Science and Electronic Engineering, and Essex Business School. Our research is geared towards practical applications, and many of our academic staff have experience of applying their findings in industry and in advising the UK government.

Accreditation:

Postgraduate study qualification from the University of Essex.

Eligibility Requirements:

A good Honours degree, or equivalent, in a relevant subject area.

International Student Requirements:

IELTS 6.0 or equivalent.

Tuition & Financial Aid

Financial Aid Offered: No