Program Overview
The Quantitative Financial Risk Management at Heriot-Watt University is a MSc programme in Business & Management over 12 months, delivered On-campus. This programme equips graduates with advanced knowledge and practical skills for professional and academic careers in the field.
Students gain a rigorous grounding in both the theoretical foundations and applied dimensions of business & management. The programme combines coursework, research components, and practical projects that develop critical thinking, problem-solving, and specialist expertise relevant to industry and research needs.
Graduates of the Quantitative Financial Risk Management programme are well-prepared for careers in academia, industry, government, and the private sector across United Kingdom and internationally. The programme provides an internationally recognised qualification within the Bologna higher education framework.
Key Program Features
- Duration: 12 months
- Language of instruction: English
- Study mode: On-campus
- English requirement: IELTS 6.5
- Tuition: GBP 19,100 (Tuition (Year)) — International students; GBP 19,100 (Tuition (Year)) — EU/EEA students
- Location: Edinburgh, United Kingdom
Career Opportunities
Graduates of the Quantitative Financial Risk Management programme are prepared for diverse careers in business & management:
- Business Analyst
- Management Consultant
- Product Manager
- Strategy Analyst
- Operations Manager
- Entrepreneur
Program Curriculum
Course Structure
- [\'Enterprise Risk Management\', \'Derivative Markets and Pricing\', \'Credit Risk Modelling\', \'Financial Markets\', \'Financial Econometrics\', \'Time Series Analysis\', \'Economic Scenario Generation\', \'"Special Topics", some delivered by risk management professionals\', \'Statistical Methods\', \'Corporate Finance\']
Admission Requirements
Academic Requirements
Entry requirements
Entry requires a UK 2.1 degree or equivalent in Mathematics, Statistics, or a related subject with a substantial mathematics content from a British or overseas university.
We are looking to train those who not only have a strong background in mathematics, but who also possess the ability to communicate effectively, and have the desire to succeed in a dynamic and competitive industry.
The programme is not suitable for finance professionals without graduate-level mathematical training
English Proficiency: IELTS 6.5 or equivalent.
Tuition & Financial Information
Tuition Fee
GBP 19,100 (Tuition (Year)) — International students; GBP 19,100 (Tuition (Year)) — EU/EEA students
Tuition fees: GBP 19,100 (Tuition (Year)) — International students; GBP 19,100 (Tuition (Year)) — EU/EEA students
IELTS requirement: 6.5
Financial Aid & Scholarships
Contact Heriot-Watt University directly for scholarship, grant, and financial aid information for this programme. Many European universities offer merit-based and need-based funding for international and domestic students.
About Heriot-Watt University
Heriot-Watt University
City of Edinburgh, United Kingdom
Visit the university profile page to learn more about this institution.
University Profile- Start Date Sep, 2026
- Language English
- Duration 12 months
