For entry on to the MSc Mathematical Finance, the normal requirement is at least a second-class degree from a UK university, or overseas equivalent, in a quantitative subject such as mathematics, physics, statistics, economics or engineering.
Alternatively, a merit or higher in a Graduate Diploma in economics, mathematics or statistics would be suitable. Work experience will be taken into account. Graduates from other disciplines such as computer science will be accepted if their degree contains a major quantitative element.
In some circumstances students are admitted with a first degree that is less than the 2.1 standard, provided that their subsequent work experience and/or education and training is deemed to have brought them to an equivalent standard.
Months of entry
The market for postgraduate training in quantitative finance is evolving, with a change in the skillset that employers demand. Birkbeck's MSc Mathematical Finance offers advanced training in quantitative skills used in modern financial institutions, including most notably valuation of securities, and measurement and management of portfolio risks, enabling you to seek employment in financial institutions, including regulator bodies.
You will be trained in programming, numerical methods and statistics, and given a grounding in pricing and risk management techniques. A key feature is the emphasis on computational methods and implementation of the pricing and risk management techniques learnt. You will complete modules in programming, numerical methods and financial statistics, and many topics are illustrated by computer examples.
The programme is demanding and challenging; applicants should have strong intellectual ability and be willing to work hard.
Information for international students
If English is not your first language or you have not previously studied in English, our usual requirement is the equivalent of an International English Language Testing System (IELTS Academic Test) score of 6.5, with not less than 6.0 in each of the sub-tests.
If you don't meet the minimum IELTS requirement, we offer pre-sessional English courses, foundation programmes and language support services to help you improve your English language skills and get your place at Birkbeck.
Fees and funding
Payment and Fees Discounts
Flexible finance: pay your fees in monthly instalments at no extra cost – enrol early to spread your costs and reduce your monthly payments.
Fees discounts: If you are a member of a union that is recognised by the Trades Union Congress (TUC), you may apply for a 10% discount off your tuition fees.
Funding and Financial Support
The government's new postgraduate loan scheme allows you to borrow up to £10,000 to cover the cost of your tuition fees, living costs or other study expenses – and you don't have to start repaying until 2019.
Part-time students who are experiencing financial need may apply for assistance from the Birkbeck Alumni Fund Postgraduate Opportunity Bursary.
Qualification and course duration
Course contact details
- Economics, Mathematics and Statistics