London School of Economics and Political Science

London School of Economics and Political Science

MSc Risk and Stochastics

Address:

Houghton Street

London, England

United Kingdom

Program Information

Degrees Offered:

MSc Risk and Stochastics

Format: Campus

Program Description:

The programme is mathematically advanced and suitable candidates will normally hold a good BSc degree in actuarial science, statistics, mathematical economics or mathematics. This should include training in analysis and linear algebra, with rigorous proofs, and probability theory at the level of our third year undergraduate course Stochastic Processes. Each MSc student has a personal tutor who is available for guidance and advice on academic or personal concerns. The compulsory courses lay the foundations in advanced stochastic models and methods and give a broad introduction to theories of risk exchange in insurance and finance. Students can choose options in statistics, mathematics and finance. Your application should be submitted as early as possible and must include: A personal statement, no longer than 150 words, outlining your reasons for wanting to study Risk and Stochastics. Course descriptions and reading lists for advanced courses in mathematics and statistics in your degree (either held or pending). Please note that the Department of Statistics does not require references to be submitted with your application form. However, you should include contact details of one person who is familiar with your academic achievements. Normally, this will be a tutor from your current or previous academic institution. The department may contact this referee if it is deemed useful when considering your application. Compulsory courses: Stochastic Processes; Insurance Mathematics; Stochastic Finance; Risk and Stochastics Projest. Two options from : Advanced Topics in Insurance and Finance; Time Series; Derivatives; Probability and Measure; Quantitative Methods for Finance and Risk Analysis; Algorithms and Computation; Continuous Time Optimisation; Fixed Income Markets; Mathematics of the Black Scholes Theory.

International Student Requirements:

IELTS 6.5; TOEFL 603
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