Studying A Course in Econometrics Or Stochastic Modelling

Am currently looking at two MSc courses in Cass Business School: MSc Quantitative Finance or MSc Financial Mathematics. The former has courses in econometrics while the latter focuses more on stochastic modelling.

I have studied stochastic models at undergraduate level but have no experience in econometrics. Can somebody with experience tell me the benefits of this subject, and what careers it may open up in future?

3 Comments
 

IMO Econometrics is kind of a bs field. Have no clue about stochastic modeling though. That probably doesn't help though.

"History doesn't repeat itself, but it does rhyme."
 

Praesentium aut aut nostrum molestiae. Unde ut voluptatibus eum incidunt consectetur id assumenda. Ullam mollitia autem assumenda cumque repellendus ipsum. Quia possimus dolor aut. Illo est dolore reiciendis quam. Repellat modi aliquid dolorem ea.

Making money is art and working is art and good business is the best art - Andy Warhol

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 01 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (66) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
DrApeman's picture
DrApeman
98.9
6
dosk17's picture
dosk17
98.9
7
CompBanker's picture
CompBanker
98.9
8
GameTheory's picture
GameTheory
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”