I've been asked (in John McClure's absence) to forward this to the list.

Mitchum Bock
Acting Allstat List Owner
Department of Statistics
University of Glasgow
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MSC IN FINANCIAL MATHEMATICS
at King's College London
---------------------------------------
Part-time course starting September 2000
The Financial Mathematics MSc at King's College London
covers a full range of topics in mathematical finance and
its applications. The curriculum includes subjects such as:
derivatives pricing and hedging, asset price dynamics, risk
analysis and extreme events, interest rates and foreign
exchange processes, credit and inflation linked products,
real options, energy derivatives, investment decision
making and stochastic optimisation and control. The
programme builds on the Financial Mathematics group's close
links with the financial institutions in the City.
The MSc is based on lecture courses and a project and
requires two years of part-time study or one year of
full-time study. The first intake for the part-time course
will be in September 2000 and the full-time course will
start in September 2001. The programme is compatible with
the needs of those already employed in the financial
sector. Candidates choose eight lecture courses in
consultation with their course advisor. The present
programme includes the following core courses and options:
Applied Probability and Stochastics, Introduction to
Derivatives Pricing, Financial Markets, Stochastic
Analysis, Advanced Statistics, Numerical Methods for
Differential Equations, Interest Rate and Foreign Exchange
Dynamics, Exotic Derivatives, Portfolio Risk Management.
Further course options are available to suit specialised
interests, such as Neural Networks, Operational Research,
Linear Systems and Control Theory, Non-Linear Dynamics,
Measure Theory, Operator Theory, Statistical Dynamics and
Spectral Theory of Markov Chains. Additionally, each
candidate undertakes a project in June, July and August
which involves a substantial report. This can be carried
out in King's or in a financial or academic institution
outside.
King's College London is a multi-faculty institution with
over 16,000 students. The Mathematics Department has an
international reputation for teaching and research and was
rated 5 in the last RAE for both pure and applied
mathematics. As a new initiative, a research group in
Financial Mathematics has been established with the
appointment of Professor Lane P. Hughston, and two further
faculty, Dr. Giulia Iori and Dr. Mihail Zervos. Financial
Mathematics is a flourishing area of modern science. Since
the pioneering days of Black, Scholes and Merton, the
subject has developed into a substantial body of knowledge
and its numerous applications have become vital to the
functioning of the world's financial institutions. As a
consequence, a solid command of the principles and
techniques of quantitative finance is essential for a
responsible approach to trading, asset management and risk
control of complicated financial positions. For further
information consult
http://www.mth.kcl.ac.uk/ or
http://www.mth.kcl.ac.uk/ research/finmath/
Applications are currently being accepted for the part-time
programme starting September 2000. The fees for this
programme are £4,200 per year. There will also be a
full-time programme starting in September 2001. The entry
requirement for the MSc is a first or second class degree
in Mathematics, Physics, Computing, Engineering or other
suitable mathematical discipline. Application forms are
available from :
The Postgraduate Secretary,
Department of Mathematics, King's College, Strand, London
WC2R 2LS.
E-mail: [log in to unmask]
Tel: +44 (0)20 7848 2107
Fax: +44 (0)20 7848 2017

Yours sincerely
Janice Cullen
----------------------
Ms Janice Cullen, Business Development Manager
KCL Enterprises Ltd, King's College London
Franklin Wilkins Building, Waterloo Bridge Wing
Waterloo Road, London SE1 8WA, United Kingdom
Tel: 00 44 (0)20 7848 3175 Fax: 00 44 (0)20 7848 3193
Email: [log in to unmask]





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