A UK 2.1 or above, or the equivalent from an overseas institution. Previous degree must be in a highly quantitative subject such as mathematics, physics or engineering, having covered areas such as calculus, statistics, probability theory and linear algebra.
You may be requested to provide a syllabus of specific modules undertaken during your studies as part of the assessment process. This is not required at the point of submitting an application and will be requested directly by the admissions team only if required as part of the assessment.
Applicants will need to submit two references, one of which MUST be an academic reference.
If you have been studying in the UK for the last three years it is unlikely that you will have to take the test. If you have studied a 2+2 degree with just two years in the UK you will be required to provide IELTS results and possibly to resit the tests to meet our requirements. IELTS: The required IELTS level is an average of 7.0 with a minimum of 6.5 in writing.
Please note that due to changes in the UKVI's list of SELTs we are no longer able to accept TOEFL as evidence of English language for students who require a CAS as of April 2014.
Work experience is not a requirement, but please provide details of relevant experience that might enhance your profile. This information will be included in your CV which is required with all applications.
Months of entry
The MSc Financial Mathematics draws on tools from applied mathematics, computer science, statistics and economic theory to prepare you for roles in which you will combine in-depth knowledge of financial products and risk with sophisticated technical and programming skills.
You will acquire solid knowledge of probability theory and stochastic processes, numerical analysis and programming languages, asset pricing theory and risk analysis, with special emphasis on valuation and risk management.
Typical career paths of graduates from our MSc Financial Mathematics include research positions (in both financial and academic institutions), or roles involving the development, management and improvement of derivatives models using advanced programming languages, and model validation such as Equity/Equity Derivatives Quant, Quantitative Financial Engineer, or Quantitative Risk Analyst.
This programme is rigorous with respect to the mathematics but also places great emphasis on linking theory with real world developments. You will often be exposed to the teaching of real world practitioners from the City of London.
Information for international students
Proven competence in spoken and written English (O-level/GCSE English or the Cambridge Certificate of Proficiency in English, IELTS or TOEFL) is also required. A minimum score of 7 in IELTS, 600 in TOEFL (250 computer-based) is required.
Fees and funding
Tuition fee: £23,000
Deposit: £2,000 (paid within 1 month of receiving offer)
First instalment: Half fees less deposit (paid at registration)
Second instalment: Half fees (paid in January following start of programme)
Qualification and course duration
|Assessment||What kind of work will I be doing? (proportionally)|
|Written/ formal examinations||50|
|Written coursework / continuous assessment||50|
Course contact details
- +44 (0) 20 7040 5127
- +44 (0) 20 7040 8685