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Applied Statistics in Finance (online) MSc

University of Strathclyde

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Course options

  • Qualification

    MSc - Master of Science

  • Location

    Online Campus

  • Study mode

    Distance / Online

  • Start date

    22-SEP-25

  • Duration

    24 Months

Course summary

Our online MSc in Applied Statistics in Finance is a conversion course, offering the opportunity to develop skills in statistics and data analysis even if you have never studied statistics before. You'll be supported through this part-time programme by members of staff who work directly with industry to develop skills which are relevant to current areas of research. You'll gain skills in:
problem solving
analysis and modelling of financial data
the use of statistical software for data analysis and reporting
effective communication of statistics
The course is entirely delivered online. The course is ideally suited to those working full-time or with other commitments. You can study and complete the modules when its most convenient for you – you dont need to be online at specific times.

The course has been designed by academics who also work as statisticians in the public sector. They are experts in understanding real-life statistical problems, data, and relating theory to practice.

The skills set provided will also equip you with the necessary training to work as an applied statistician in areas such as insurance, finance and commerce.
Programme skillset
On the online Applied Statistics in Finance MSc programme you'll have the opportunity to acquire:

an in-depth knowledge of modern statistical methods used to analyse and visualise real-life data sets, and the experience of how to apply these methods in a professional setting, particularly related to the financial sector
skills in using statistical software packages used in government, industry and commerce
the ability to interpret the output from statistical tests and data analyses, and communicate your findings to a variety of audiences including health professionals, scientists, government officials, managers and stakeholders who may have an interest in the problem
problem-solving and high numeracy skills widely sought after in the commercial sector
practical experience of statistical consultancy and how to interact with professionals who require statistical analyses of their data.
Course content
Throughout your studies, you will take 80 credits of compulsory taught classes, 40 credits of elective taught classes, and in your final year you'll also undertake your MSc Project (60 credits).

Accreditation: Royal Statistical Society: MSc graduates may qualify for GradStat status

Study mode and duration: online across 24 or 36 months, part-time. Standalone modules can also be taken for CPD purposes or working towards an MSc over a maximum of 60 months.
Careers
The online MSc in Applied Statistics in Finance will provide graduates with skills in the statistical analysis of data from a wide range of disciplines. These skills are required by many employers in sectors such as:

investment companies
financial institutions
pharmaceutical industry
medical research
government organisations
retailers
internet information providers
Graduate roles
Typical job roles include:

statistician
data analyst
software developer or engineer
statistical programmer
data scientist
decision scientist

Tuition fees

Students living in Hong Kong
(International fees)

£ 1,375month

Tuition fees shown are for indicative purposes and may vary. Please check with the institution for most up to date details.

University information

University image

University of Strathclyde

  • University League Table

    32nd

  • Campus address

    University of Strathclyde, McCance Building, 16 Richmond Street, Glasgow, Glasgow, City Of, G1 1XQ, Scotland

Welcoming almost 30,000 students from over 140 countries, Strathclyde offers a supportive and vibrant university experience for students of all backgrounds.
Strathclyde offers numerous scholarships and funding opportunities to support students in their studies.
It's home to an International Study Centre offering international students the option to complete pre-master's programmes.

Subject rankings

  • Subject ranking

    16th out of 122 1

    26th out of 65 4

  • Entry standards

    / Max 221
    212 96%

    2nd

  • Graduate prospects

    / Max 100
    82.0 82%

    19th

    10
  • Student satisfaction

    / Max 4
    3.14 78%

    36th

    24
  • Entry standards

    / Max 234
    214 92%

    7th

  • Graduate prospects

    / Max 100
    85.0 85%

    17th

    6
  • Student satisfaction

    / Max 4
    3.06 76%

    43rd

    17

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