M.Sc Financial Computing

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Master of Science in Financial Computing

Duration

2 Years

Level

Post Graduation

Type

Degree

Eligibility

Graduation

M.Sc Financial Computing or Master of Science in Financial Computing is a postgraduate Financial Services Management course.  Financial Computing comprises both Computational Finance i.e., algorithmic trading, risk management, market simulation, and portfolio optimization, and Financial IT, such as financial software engineering, cloud computing, GPU, and scalable high-performance computing. The duration of the Master's degree course is two years and it is a career originating in nature which opens a lot of job scopes for the pass degree holders in various fields.

The M.Sc Financial Computing program addresses market demand and will train you for advanced technical or managerial roles in new and emerging interdisciplinary areas that combine computer science and finance. You will graduate with the computational techniques and financial knowledge to deliver effective and innovative business solutions.

The M.Sc Financial Computing curriculum covers subjects such as Algorithmic Systems, Database Systems, Financial Information Systems, Financial Business Analysis, and Project Management, Introductory Programming, Software Design, Software Engineering, and Systems Infrastructure.

M.Sc Financial Computing Eligibility

  • Must have qualified B.Sc / B.Sc (Hons) in Mathematics and Computing from a recognized University
  • Should possess a minimum of 50% aggregate marks
  • Some of the reputed colleges and universities conduct entrance examinations to offer admission to M.Sc. Degree courses

M.Sc Financial Computing Syllabus

Syllabus of Financial Computing as prescribed by various Universities and Colleges.

M.Sc Financial Computing Semester 1

Sr. No.

Subjects to Study

1

Fixed Income

2

Financial Computing

3

Financial Data Science

4

Machine Learning

5

MSCF Investments

6

MSCF Business Communication

7

Stochastic Calculus for Finance

8

Simulation Methods for Option Pricing

M.Sc Financial Computing Semester 2

1

Financial Computing II

2

Financial Data Science II

3

Financial Time Series Analysis

4

MSCF Options

5

Machine Learning II

6

MSCF Business Communication II

7

Presentations for Computational Finance

8

Risk Management

9

Stochastic Calculus for Finance II

Summer Internship

M.Sc Financial Computing Semester 3

1

Financial Optimization

2

Machine Learning Project

3

Electives

  • Financial Computing IV
  • MSCF Studies in Financial Engineering

M.Sc Financial Computing Semester 4

1

Macro-economics for Computational Finance

2

Machine Learning Project

3

Market Microstructure & Algorithmic Trading

4

Electives

Asset Management

Advanced Derivative Methods

 

M.Sc Financial Computing College

M.Sc Financial Computing Course Suitability

  • Those who want to develop the technical aspects of their career in financial services and gain complete and up-to-date knowledge of the international financial services industry are good suit for it. 
  • They should have an excellent knowledge of financial analysis, creative thinking and should possess good communicative and interpersonal skills. 
  • They should have an interest in mathematical and analytical skills, knowledge of the latest computer technology, integrity, problem-solving, decision-making, and organization skills. 
  • They should also possess skills like project management ability, organizational skills, attention to detail, and marketing and sales.

How is the M.Sc Financial Computing Course Beneficial?

  • The Master's degree course provides the grounding in IT, management, and financial systems required to pursue Financial Services careers such as Financial IT and technology management. 
  • The course is beneficial as it provides a good base for further studies such as M.Phil. and Ph.D. 
  • There are many career opportunities such as in investment banks, commercial banks, financial consultants, financial and database software suppliers, financial regulators, treasury & finance departments of MNCs, exchanges, and energy companies. 
  • Applicants can also seek employment in various sectors such as in government and private sectors, public accounting firms, markets research, budget planning, corporations, and consultancies.

M.Sc Financial Computing Employment Areas

  • Government Sector
  • Banking Sector
  • Consultancies
  • Colleges/ Universities
  • Financial Sector
  • IT Firms

M.Sc Financial Computing Job Types

  • Business Analyst
  • Business Intelligence Executive
  • Credit Manager
  • Database Specialist
  • E-Finance Architect
  • Financial Analyst / Financial Controller / Financial Consultant / Financial Accountant / Financial Analyst Manager / Financial Systems Analyst
  • Finance Manager- Engineering / Head- Finance
  • Head- Cloud Computing & Virtualization
  • Investment Analyst
  • Infrastructure Manager
  • Portfolio Manager
  • Researcher- Finance
  • Risk Management Auditor
  • System Analyst
  • Software Engineer
  • Staff Financial Analyst
  • Sales Manager- End User Computing
  • Wealth Services Officer