Taught course

Statistics with Financial Mathematics

Institution
University of Sheffield · School of Mathematics and Statistics
Qualifications
MSc

Entry requirements

Minimum 2:1 honours degree in mathematics, which must include a significant proportion of modern theorem and proof-based mathematics. A strong performance in a module based on rigorous mathematical analysis is essential. Your degree must also include a substantial component in statistics and probability theory.

Months of entry

September

Course content

About the course

Graduates with skills in these areas are in demand. The course is about applying probabilistic, statistical and mathematical techniques in the finance industry. It’s based on the MSc Statistics with additional training in the concepts, models and tools of modern mathematical finance. This course is accredited by the Royal Statistical Society.

Your career

Our graduates go into finance, manufacturing and pharmaceuticals. They work for government agencies and research institutes with major organisations such as First Direct, GlaxoSmithKline, Marks and Spencer, the Government Statistical Service and Medical Research Council units. Our courses can also prepare you for PhD-level research.

About us

Our academics are in demand. They are members of international societies and organisations, and they speak at conferences around the world. They bring new ideas into the classroom so you can see how research is improving on existing approaches. Our solar scientists were the first to record musical sounds created by vibrations in the sun’s atmosphere.

Our Statistical Services Unit works with industry, commerce and the public sector. The services they provide include consultancy, training courses and computer software development.

Different ways to study

You can study full-time over a year or part-time over two to three years via online distance learning. The MSc Mathematics is only available as a full-time course.

Studentships

You may be able to get funding from the University or an external company. Course-specific studentships may also be available. You should apply for these as soon as possible.

Core modules

Data Analysis; Statistical Laboratory; Linear Models; Inference; Financial Mathematical, Dependent Data; Stochastic Processes and Finance.

Teaching and assessment

There are lectures, tutorials and computing sessions. You’ll do group work, presentations and role play. Most statistics lectures are recorded so you can watch them again later.

The distance learning option is taught online with support via email and phone. Distance learners also come to the University for residential weeks. You’re assessed by exams, project work and a dissertation.

Information for international students

Overall IELTS grade of 6.5 with a minimum of 6.0 in each component, or equivalent.

Fees and funding

You may be able to get funding from the University or an external company. Course-specific studentships may also be available. You should apply for these as soon as possible.

Qualification and course duration

MSc

distance learning
24-36 PT months
full time
12 months

Course contact details

Name
Postgraduate Admissions Tutor
Email
postgrad-maths@sheffield.ac.uk
Phone
+44 (0)114 222 3808