MSc Math Finance Imperial College: A valuable experience
- A combination of math, computing, and finance.
- In terms of career services, it is second to none.
- Weekly career talks/ events, enabling you to make connections.
- A wide range of options for elective modules.
Advantages: Very good links with the financial industry that allows you to secure an internship.
Disadvantages: It is only a one year programme, so there are many deadlines and it becomes quite stressful. Also, the teaching quality of the lecturers could be improved considerably.
I am writing this review at the request of Andy Nguyen :)
Though I should first mention that my review of this program falls under a bit of an "outlier" review.
First of all, before joining this program I was already an undergraduate at imperial, studying mathematics, and I got into the program through a recommendation letter from Jack (the course director).
Secondly, I entered the program already with QR internship experience at a top hedge fund, and landed a QR position at a tier 1 hedge fund about a month into the program. Ever since then I have not been interacting with the program much if I'm going to be honest.
With regards to my experience with Jack, he was my undergrad thesis supervisor and is currently my personal tutor for this MSc program so he is very approachable and friendly.
With regards to the lectures, the lectures are nice I guess- they are all recorded so you can view them again at your own leisure. Furthermore, there are office hours where you can go and visit the lecturers to ask them further questions.
Finally, and possibly most importantly, lets talk about things pertaining to careers/placements on this program. Every week there is a practitioner series (where people from certain companies come in and talk about the work they're doing, some examples include Citadel, JPM, Nomura etc), there is also a careers fair (where a company comes in and present their opportunities for an hour followed by networking), and also interview preparation sessions which are taught by some professors. Also, there are lots of opportunities that are offered specifically for people on this course that are advertised by Jack (Kaiju Capital Management, BNY Mellon, etc).
PS: So far we seem to be doing better than Oxford MCF in terms of placement/job offers (as in, a higher percentage of our cohort have offers so far).
The highlight of the math and finance program is its excellent career service. The program has direct industrial connections and a strong alumni network. Career lectures and interview tutoring sessions are held every week. Exclusive interview opportunities are provided by some banks and funds.
The program has very relevant coursework. Strong focus on mathematical finance but also enough coverage on machine learning and coding practice.
Most graduates will join various quant teams at investment banks or hedge funds in London and a few will go for a PhD.