
Term 1 (Autumn) Core modules: Either Econometric Methods for Research or Econometrics 1 and 2 (20 credits, taught module, continues into Term 2) Continuous-Time Finance and Derivative Assets (10 credits, taught module) Mathematical Methods of Finance (20 credits, taught module) Time Series (10 credits, taught module) Optional modules: C++ Programming with Applications in Finance (10 credits, taught module, continues into Term 2) Fixed Income Securities (10 credits, taught module) Investment and Portfolio Management (10 credits, taught module) Discrete Time Modelling and Derivative Securities (20 credits, taught module) Term 2 (Spring) Core modules: Either Econometric Methods for Research or Econometrics 1 and 2 (continued from Term 1) Financial Engineering (10 credits, taught module) Topics in Financial Econometrics (10 credits, taught module) Stochastic Calculus and Black-Scholes Theory (20 credits, taught module) Optional modules: C++ Programming with Applications in Finance (continued from Term 1) Financial Risk Management (10 credits, taught module) Irreversible Decision Making Under Uncertainty (10 credits, taught module) Modelling of Bonds, Term Structure, and Interest Rate Derivatives (20 credits, taught module) Computational Finance (10 credits, taught module - Term 2) Credit Risk (10 credits, taught module - Term 2) Term 3 (Summer) Core module: Dissertation (60 credits, independent study module)