Financial Risk and Investment Analysis (2014 entry)

MSc, 1 year full time

Subject overview

Our degrees are taught by world-renowned faculty with a strong background in relevant areas of research. Our research was highly rated in the 2008 Research Assessment Exercise (RAE). On average 80 per cent of our research was rated as recognised internationally or higher, and half rated as internationally excellent or higher. 

Business studies at Sussex was ranked in the top 25 in the UK in The Times Good University Guide 2013

Our range of business, management and finance degrees builds on Sussex’s strong foundation of interdisciplinary study. 

Our part-time MBA builds on Sussex’s extensive research reputation including that of SPRU – Science and Technology Policy Research, ranked 2nd science and policy think tank in the UK and 11th in the world (University of Pennsylvania: Global Go-To Think-Tanks Report 2012). The MBA focuses on the application of acquired knowledge and skills to practical and strategic challenges within the management of public- and private-sector organisations. 

Our American Express-sponsored MSc in Technology and Innovation Management has a strong record of employment opportunities and many graduates go on to work with American Express. 

The University of Sussex offers opportunities encompassing corporate risk management, entrepreneurship, international finance, and international and innovation management. 

Our teaching is designed to provide you with the knowledge and skills to compete effectively in the fast-paced world of work. We are tailoring our taught degrees to meet current and future employer demands, and will continue to adapt to the changing employment market. 

Our degrees offer a choice between practice-and research-oriented study opportunities. They have been developed drawing on the expertise and input of experienced practitioners from industry and professional bodies. These experts complement our own expertise in research, and help to enrich the learning experience for all our students. 


Carol's faculty perspective

Professor Carol Alexander

‘I started working closely with financial institutions about 25 years ago and have, since then, become a finance academic, consultant and industry leader in both risk management and investment management.  

‘Over the course of my career, employment trends have changed in line with the need for better global risk-management standards and improved risk-return profiles on portfolios of financial assets. As the new disciplines of financial risk analysis and investment analysis come to the fore, it is in these areas that students with excellent quantitative finance skills are especially in demand.

‘The MSc in Financial Risk and Investment Analysis at Sussex is the first postgraduate degree in the UK that prepares you for both areas of employment. The modules use Chartered Financial Analyst UK (CFA)-accredited texts where appropriate and the accelerated learning course leads naturally on to the formal CFA level I training after the MSc assessment is complete.’

Professor Carol Alexander
Professor of Finance,
University of Sussex

Programme outline

This degree is for you if you wish to enter a profession in financial markets but have not yet decided whether to specialise in risk or investment analysis. Employment in both these sectors is buoyant. This MSc at Sussex is the only specialist degree in the UK that qualifies students in both financial risk and investment analysis. 

The course has a unique focus on financial markets and is taught by academic faculty who are globally renowned for their teaching excellence and extensive industry experience. At Sussex, you will enjoy a close academic (as well as physical) proximity to the activities of the City of London, the European centre for employment in financial markets. 

On this accelerated learning course all taught-module assessment takes place during the autumn and spring terms. Two projects are assessed during the first half of the summer term, after which you may be tutored for the Chartered Financial Analyst (CFA) Level 1 qualification. You can register for the CFA exam 12 months after commencing the MSc and take the CFA exam four months later. 

Assessment

All autumn and spring term modules are assessed by a combination of a mid-term test or coursework (which typically counts for 20 to 30 per cent of the final grade) and a formal examination, taking place after teaching has finished. The two summer-term projects are assessed by a combination of presentations and written reports. 

Course structure

We continue to develop and update our modules for 2014 entry to ensure you have the best student experience.

Autumn term: you take Equity Investments and Foreign Exchange • Essential Quantitative Finance • Institutions in the Global Financial Market • Interest-Rate Sensitive Instruments. 

Spring term: you take Commodities and Alternative Investments • Market and Credit Risk Analysis • Portfolio Management • Swaps, Futures and Options. You also choose one from Corporate Governance and Social Responsibility • Corporate Governance • International Corporate Reporting. 

Summer term (first half): you work on Risk Management Project • Portfolio Management Project. 

Entry requirements

UK entrance requirements

A first- or upper second-class undergraduate honours degree or equivalent in a quantitative degree subject such as mathematics, physics or engineering. Applicants with finance- or economics-related degrees will also be considered, provided the degree contains several modules with a high quantitative modelling content (such as mathematics for economics/ finance, applied statistics or econometrics) which have been passed with high marks. Applicants should also have a basic level of competence using Excel.

Overseas entrance requirements

Overseas qualifications

If your country is not listed below, please contact the University at E pg.enquiries@sussex.ac.uk

CountryOverseas qualification
Australia Bachelor (Honours) degree with second-class upper division
Brazil Bacharel, Licenciado or professional title with a final mark of at least 8
Canada Bachelor degree with CGPA 3.3/4.0 (grade B+)
China Bachelor degree from a leading university with overall mark of 75%-85% depending on your university
Cyprus Bachelor degree or Ptychion with a final mark of at least 7.5
France Licence with mention bien or Maîtrise with final mark of at least 13
Germany Bachelor degree or Magister Artium with a final mark of 2.4 or better
Ghana Bachelor degree from a public university with second-class upper division
Greece Ptychion from an AEI with a final mark of at least 7.5
Hong Kong Bachelor (Honours) degree with second-class upper division
India Bachelor degree from a leading institution with overall mark of at least 60% or equivalent
Iran Bachelor degree (Licence or Karshenasi) with a final mark of at least 15
Italy Diploma di Laurea with an overall mark of at least 105
Japan Bachelor degree from a leading university with a minumum average of B+ or equivalent
Malaysia Bachelor degree with class 2 division 1
Mexico Licenciado with a final mark of at least 8
Nigeria Bachelor degree with second-class upper division or CGPA of at least 3.0/4.0
Pakistan Four-year bachelor degree, normally with a GPA of at least 3.3
Russia Magistr or Specialist Diploma with a minimum average mark of at least 4
South Africa Bachelor (Honours) degree or Bachelor degree in Technology with an overall mark of at least 70%
Saudi Arabia Bachelor degree with an overall mark of at least 70% or CGPA 3.5/5.0 or equivalent
South Korea Bachelor degree from a leading university with CGPA of at least 3.5/4.0 or equivalent
Spain Licenciado with a final mark of at least 2/4
Taiwan Bachelor degree with overall mark of 70%-85% depending on your university
Thailand Bachelor degree with CGPA of at least 3.0/4.0 or equivalent
Turkey Lisans Diplomasi with CGPA of at least 3.0/4.0 depending on your university
United Arab Emirates Bachelor degree with CGPA of at least 3.5/4.0 or equivalent
USA Bachelor degree with CGPA 3.3-3.5/4.0 depending on your university
Vietnam Masters degree with CGPA 3.5/4.0 or equivalent

If you have any questions about your qualifications after consulting our overseas qualifications, contact the University at E pg.enquiries@sussex.ac.uk

English language requirements

IELTS 7.0, with not less than 6.5 in each section. Internet TOEFL with 95 overall, with at least 22 in Listening, 23 in Reading, 23 in Speaking and 24 in Writing.

For more information, refer to English language requirements.

Visas and immigration

Find out more about Visas and immigration.

Additional admissions information

In the induction week students will be asked to take tests for competency in both Mathematics (to GMAT level) and Excel, and students who do not pass these tests will be advised to switch to an alternative, less quantitative finance degree.

You are strongly advised to submit your application by 31 March.

For more information about the admissions process at Sussex

For pre-application enquiries:

Student Recruitment Services
T +44 (0)1273 876787
E pg.enquiries@sussex.ac.uk

For post-application enquiries:

Postgraduate Admissions,
University of Sussex,
Sussex House, Falmer,
Brighton BN1 9RH, UK
T +44 (0)1273 877773
F +44 (0)1273 678545
E pg.applicants@sussex.ac.uk 

Fees and funding

Fees

Home UK/EU students: £7,5001
Overseas students: £16,0002

1 The fee shown is for the academic year 2013.
2 The fee shown is for the academic year 2013.

To find out about your fee status, living expenses and other costs, visit further financial information.

Funding

The funding sources listed below are for the subject area you are viewing and may not apply to all degrees listed within it. Please check the description of the individual funding source to make sure it is relevant to your chosen degree.

To find out more about funding and part-time work, visit further financial information.

Chancellor's International Scholarship (2014)

Region: International (Non UK/EU)
Level: PG (taught)
Application deadline: 1 May 2014

25 scholarships of a 50% tuition fee waiver

Fulbright-Sussex University Award (2014)

Region: International (Non UK/EU)
Level: PG (taught)
Application deadline: 15 October 2013

Each year, one award is offered to a US citizen for the first year of a postgraduate degree in any field at the University of Sussex.

Leverhulme Trade Charities Trust for Postgraduate Study (2014)

Region: UK
Level: PG (taught), PG (research)
Application deadline: 1 October 2013

The Leverhulme Trade Charities Trust are offering bursaries to Postgraduate students following any postgraduate degree courses in any subject.

Santander Scholarship (2014)

Region: International (Non UK/EU)
Level: PG (taught)
Application deadline: 1 May 2014

Two scholarships of £5000 fee waiver for students studying any postgraduate taught course.

USA Friends Scholarships (2014)

Region: International (Non UK/EU)
Level: PG (taught)
Application deadline: 3 April 2014

Two scholarships of an amount equivalent to $10,000 are available to nationals or residents of the USA on a one year taught Master's degree course.

Faculty interests

The research interests of selected faculty are briefly described below. For more details, visit the Department of Business and ManagementDepartment of EconomicsDepartment of Mathematics, and SPRU - Science and Technology Policy Research.

Mike Barrow Public-sector economics, local government, efficiency and value for money. 

Dr Odul Bozkurt International human resource management. 

Dr Ioanna Chini Social study of ICT, ICT policy. 

Professor Ian Davidson Financial markets and instruments, application of quantum mechanics. 

Dr Bertram Düring Applied and financial mathematics. 

Rob Eastwood Demographic change and economic development. 

Dr Sonja Fagernas Development economics. 

Professor John Forker Financial accounting and reporting, earnings quality, equity pricing. 

Dr Bruce Hearn Emerging financial markets of Asia and Africa. 

Dr Surendranath Jory Mergers and acquisitions. 

Dr Norifumi Kawai Internationalisation of Asian firms, strategic human resource management. 

Dr Marv Khammash Marketing and consumer research. 

Dr Andreas Kornelakis Globalisation and models of capitalism, outsourcing, training policies. 

Dr Omar Lakkis Numerical analysis and scientific computing. 

Dr Rebecca Liu New product development. 

Professor Robert Livingston Intergroup relations, managing cultural and ethnic diversity, conflict resolution. 

Dr Anotida Madzvamuse Bio-membranes. 

Professor Emmanuel Mamatzakis Banking and finance, forecasting, public finance. 

Dr Monica Masucci Strategy and entrepreneurship. 

Professor Roman Matousek Bank efficiency, microeconomics of banking, monetary policy. 

Dr Piera Morlacchi Entrepreneurship, organisation studies, technology. 

Dr Mike Osborne Applications in economic theory. 

Dr Dimitra Petrakaki Implications of technology in organisational change. 

Dr Matias Ramirez Relationship between labour mobility, knowledge flows. 

Professor Barry Reilly Applied econometrics. 

Dr Josh Siepel Development of the venture capital sectors in the US and the UK. 

Dr Malcolm Stewart Global marketing, digital marketing, advertising and branding strategy. 

Professor David Storey OBE The economic environment in which small firms operate. 

Professor Roger Strange Corporate governance and FDI decisions. 

Richard Sykes Working for a range of clients in the public and private sectors. 

Dr Qi Tang Mathematical and statistical modelling of financial, corporate and technological risks. 

Dr Shqiponja Telhaj Economics of education. 

Professor Joe Tidd Innovation strategy. 

Dr Joana Vassilopolou Organisational behaviour, employment studies. 

Dr Jie Wen Banking and finance. 

Dr Mirela Xheneti Entrepreneurship in post-communist countries. 

Careers and profiles

The trend for increased employment in risk management is set to continue as recent changes in banking regulations put increased focus on improving risk management standards. And there will always be a demand for investment analysis – not only from pension funds and large corporations – as private equity continues to grow in the current global economic environment. 

On completion of this MSc you will be qualified to apply for graduate training positions as a quantitative risk analyst, a quantitative investment analyst or asset manager in a bank, corporation, hedge fund or insurance company. 

For more information, visit Careers and alumni.

School and contacts

School of Business, Management and Economics

The School of School of Business, Management and Economics is a unique, research-focused business school, which takes a strong policy-directed view on business practices while also developing the underlying core disciplines.

School of Business, Management and Economics,
Jubilee Building,
University of Sussex, Falmer,
Brighton BN1 9SL, UK
T +44 (0)1273 872668
E bmec@sussex.ac.uk
Department of Business and Managament
Department of Economics

Postgraduate Open Day 2013

4 December 2013, 1pm-4pm
Bramber House, University of Sussex

  • talk to academic faculty and current postgraduate students
  • subject talks and presentations on postgraduate study, research and funding
  • choose from our exciting range of taught Masters and research degrees
  • find out how postgraduate study can improve your career prospects
  • get details of our excellent funding schemes for taught postgraduate study.

To register your interest in attending, visit Postgraduate Open Day.

Can’t make it to our Postgraduate Open Day? You might be interested in attending one of our Discover Postgraduate Study information sessions.

Discover Postgraduate Study information sessions

If you can’t make it to our Postgraduate Open Day, you’re welcome to attend one of our Discover Postgraduate Study information sessions. These are held in the spring and summer terms and enable you to find out more about postgraduate study and the opportunities Sussex has to offer.

Visit Discover Postgraduate study to book your place.

Other ways to visit Sussex

We run weekly guided campus tours every Wednesday afternoon, year round. Book a place online at Visit us and Open Days.

You are also welcome to visit the University independently without any pre-arrangement.

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