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MSc

Finance, Investment and Risk (Dual Award)

Are you looking to kickstart a lucrative financial career and learn about the finance industry from a two-country perspective?

Apply now

Key information

Start
September
Location
Canterbury
Study mode
1 year full-time
Typical offer
2.2 or above
All entry requirements

Overview

Finance managers invest, manage or protect a business’s money. Employers are increasingly selective in their search for those with rich cognitive skills to get the job done.

This dual award course gives students the opportunity to attain not one but two Master’s degrees and travel as they do so – studying one with Kent Business School and the other in the financial hub of Hong Kong at the Hong Kong Baptist University.

Reasons to study MSc Finance (Dual Award) at Kent

  • Kent Business School is a ‘Triple Crown’ accredited business school placing us in the top 1% of business schools globally to be accredited by AMBA, EQUIS and AACSB
  • You’ll be part of a supportive community at our Medway campus, 40 minutes from London
  • You’ll learn from our expert teaching staff, many of which appear in the top 2% of researchers worldwide
  • You can increase your career prospects through an Industrial Placement or In-Company Student Consultancy Project, or even transform your idea into a business through the Business Start-Up Journey with ASPIRE
  • You’ll gain access to employability support from enrolment up to 3 years after graduation at the historic Rochester Cathedral
  • Study your summer term at Hong Kong Baptist University (MSc Mathematical Finance)

What you’ll learn

During your study at Kent Business School, you build expertise in theory surrounding risk and crisis management, investments and portfolio management and detailed learning of things such as derivatives and fixed income markets.

By using our dedicated Finance simulator space – the Bloomberg Lab – you have access to real and live data to engage with and apply your newfound knowledge to.

Further details in relation to the second Master's award – MSc Mathematical Finance, can be found on Hong Kong Baptist University website.

The course

What you'll study

The following modules are what students will typically study, but this may change year to year in response to new developments and innovations.

Stage 2

You'll spend your summer term in Stage 2 at Hong Kong Baptist University where you will take all 5 compulsory modules. You can find out more information about this stage of your Master's on the Hong Kong Baptist University website

Compulsory modules currently include the following

Topics from conditional expectations, Markov china, Markov processes, Brownian motion, and martingales, and their applications to stochastic calculus.

Global derivative markets have exhibited spectacular growth in terms of volume of trading and use by both financial and non-financial institutions.  Some of the world's large institutions-Orange County, Baring, Metallgesellschaft, Negara, AIG, and Lehman Brothers have lost billions of dollars in the financial markets.  Whilst national and international authorities have agonised over the regulation of derivative markets, it generated tremendous interest on the nature, operation, working mechanism and true significance of derivative products and markets in the financial system and the economy.

The module focuses on the principle and characteristics of the main derivative markets, products and instruments, such as Futures, Forward, Options, Swaps, Credit Default Products and Structured Products.  It examines the role, significance and working mechanism of various derivatives products, their valuation method and the models underpinning the pricing and hedging of derivative instruments.  The module will draw from the rapidly expanding body of academic and professional literature relating to derivatives and their applications in Financial Markets.

Basic numerical methods, (floating-point arithmetic, numerical linear algebra, solutions of non-linear equations, interpolation, curve fitting, splines, differentiation, integration, Monte-Carlo methods, ordinary differential equations) numerical solutions of PDEs (finite-difference methods for parabolic PDEs, stability, convergence, applications to Black-Scholes equations, free boundary problems, applications to pricing American options) and probabilistic methods (random variables, generation, Monte-Carlo simulation, binomial tree models, stochastic differential equations).

Covers various kinds of time series models, including ARIMA, GARCH, unit roots and co-integration, and vector autoregressive models. Students will gain hands-on experience with all models learned in this course.

Topics from replication of trading strategies, arbitrage, completeness, martingale representation theorem, fundamental theorem of finance, stochastic differential equations, and Black-Scholes formula of option pricing.

How you'll study

Postgraduate taught modules are designed to give you advanced study skills, a deeper knowledge of the subject, and the confidence to achieve your ambitions.

Entry requirements

2.2 or above

A good honours degree (minimum 2.2) from the UK or an equivalent internationally recognised qualification in  a finance, accounting, economics, business, mathematics or engineering related discipline.

All applicants are considered on an individual basis and additional qualifications, professional qualifications and relevant experience may also be taken into account when considering applications.

Fees and funding

Please contact Hong Kong Baptist University regarding the tuition fee payable for this dual award. The tuition fee will be payable to Hong Kong Baptist University and can be found here.

For details of when and how to pay fees and charges, please see our Student Finance Guide.

Tuition fees may be increased in the second and subsequent years of your course. Detailed information on possible future increases in tuition fees is contained in the Tuition Fees Increase Policy.

The 2026/27 annual tuition fees for UK postgraduate research courses have not yet been set by the Research Councils UK. This is ordinarily announced in March. As a guide only, the full-time tuition fee for new and returning UK postgraduate research courses for 2025/26 is £5,006.

Your fee status

The University will assess your fee status as part of the application process. If you are uncertain about your fee status you may wish to seek advice from UKCISA before applying.

You'll need regular access to a desktop computer/laptop with an internet connection to use the University of Kent’s online resources and systems. We've listed some guidelines for the technology and software you'll need for your studies.

General additional costs

Find out more about student accommodation and living costs, as well as general additional costs that you may pay when studying at Kent.

Search our scholarships finder for possible funding opportunities. You may find it helpful to look at both:

Research

Kent is a leading research university, meaning that you will be informed about new discussions and developments by the people making them. This means your work will have real potential to make a difference.

Your future

Embedded employability: Developing career-enhancing skills

From the moment you start with us, our efforts are focused on helping you gain the knowledge, skills and experience you need to thrive in an increasingly competitive workplace. You could go on our Business Start-up Journey and transform your idea into a business through ASPIRE. Our qualified careers practitioners provide support for up to three years after graduation.

Our careers and employability support at Kent Business School is designed to make sure you are ready to hit the ground running when you graduate, when you study with us you can expect:

  • 1-2-1 personalised Career Coaching with qualified and experienced coaches.
  • Pre-arrival guidance for international students to support navigating the UK labour market
  • Mentoring opportunities through professional bodies, business leaders and Kent alumni
  • Workshops and events designed to support your career planning, finding and securing work and work experience, and professional development, including insights from industry.
  • Access to careers fairs, live projects/competitions with employers and networking opportunities
  • Plus access to extracurricular professional development and skills courses run by industry professionals

Additionally, the Postgraduate Employability Edge programme, available to postgraduate students at Kent Business School takes place from Welcome Week until the end of your studies and is designed to enhance your career prospects further.

Successful KBS graduates: graduate destinations

Our Finance graduates find work in public and private sector management and consultancy both overseas and in the UK in a wide range of companies and organisations, including:

  • Dolfin Group Wealth Management
  • NatWest
  • Huawei
  • US Bank
  • Caterpillar
  • Eurex

Many of our students also stay local and find job opportunities regionally in small and medium firms or even set-up their own businesses as well-equipped entrepreneurs.

Professional recognition

The MSc Finance programme is accredited by GARP (Global Association of Risk Professionals)CFA Institute and PRMIA (Professional Risk Managers Internal Association)

Kent Business School works closely with all three bodies to ensure that our Finance MSc is to the highest of standards. 

Postgraduates earn

£6,000
more per year than graduates (Graduate Labour Market Statistics, 2021).

A degree can boost average lifetime earnings by over

£300,000
Graduate employment outcomes - Universities UK

Ready to apply?

Learn more about the application process or begin your application by clicking on a link below.

You will be able to choose your preferred year of entry once you have started your application. You can also save and return to your application at any time.

Apply now