Taught course

Financial Mathematics

Institution
Xi'an Jiaotong-Liverpool University · Xi'an Jiaotong-Liverpool University
Qualifications
MSc

Entry requirements

ACADEMIC BACKGROUND

An undergraduate degree (UK 2:1 or equivalent) in a relevant field, such as mathematics, statistics, physics, engineering, computer science, finance and economics.

MINIMUM ENTRY REQUIREMENTS

UK

Upper second class (2:1) honours

North America

3.0 Cumulative GPA (out of 4) or 3.2 Cumulative GPA in the final two years of your undergraduate programme

Other regions

Equivalent academic qualifications

ENGLISH LANGUAGE REQUIREMENTS

If English is not your native language or if you have not studied in English at degree level, you will need to provide evidence of your English proficiency. You should normally possess one of the following qualifications:

  • IELTS: 6.5 (minimum of 5.5 in all sections)
  • TOEFL iBT: 90 (minimum of 21 in any skill)

In exceptional circumstances, individual cases will be considered on their own merits. You may be required to attend interviews or tests to further demonstrate your English proficiency.

If you miss the English language requirements by 0.5-1.0 of an IELTS band, or a similar number for other English language exams, you can be admitted to the programme after successful completion of our four- or six-week intensive English presessional course.

You can also apply to take the XJTLU English language test in lieu of an IELTS/TOEFL or equivalent. Based on the score, students may be admitted or may be required to take and successfully complete the four- or six-week intensive English presessional course.

Additionally, students may be required to complete English language courses on a pass/fail basis as part of the additional learning activity requirement during their studies at XJTLU.

Months of entry

September

Course content

OVERVIEW

The MSc Financial Mathematics programme provides you with advanced analytical training, quantitative knowledge and the practical skill sets required by modern financial institutions. It aims to equip you with a solid education in financial analysis, risk management and financial engineering for a successful career in the finance and banking industries. It is heavily weighted towards advanced mathematics and programming modules designed with practical applications in mathematical and quantitative finance.

Graduates of this programme, as with all XJTLU masters degrees, earn a University of Liverpool degree that is recognised by the Chinese Ministry of Education.

KNOWLEDGE AND SKILLS

The MSc Financial Mathematics programme will equip you with:

  • intellectual skills and theoretical understandings appropriate for the study of financial mathematics and quantitative analysis at postgraduate level
  • practical mathematics and object-oriented programming skills linking finance theories to real-world application
  • skills in research, evaluation and analysis and the quantitative techniques to evaluate and interpret complex data and research literature
  • skills and abilities to devise, plan and undertake complex research projects in the field of financial mathematics.

MODULES

Core modules:

  • Advanced modelling methods in finance
  • Advanced financial econometrics
  • Computational methods in finance
  • Continuous time finance
  • Advanced statistics
  • Stochastic calculus
  • Dissertation.

Elective modules:

  • Microeconomics for financial mathematics
  • Quantitative methods
  • Numerical computation in finance
  • Advanced risk management.

Additional learning activities:

The completion of additional learning activities is required to complete your masters degree. Normally, required ALA hours will be distributed evenly across each semester, amounting to 200 hours per semester. Part-time programmes will normally require 100 to 150 hours per semester.

CAREERS

A postgraduate degree in financial mathematics gives you many employment opportunities in the business world such as in banks, investment firms, insurance companies, consulting services to the financial industry, government regulation agencies and business entities. You could also conduct teaching and research at universities, research institutions or government entities.

CLOSING DATE FOR APPLICATIONS (FOR SEPTEMBER 2017 ENTRY)

30 June 2017 for international and students from Hong Kong, Macao and Taiwan

Information for international students

VISA FOR ENTRY INTO CHINA

There are a number of visas available to international students who want to study in China, depending on the duration of your intended period of study. Staff in our International Student Recruitment and Support team can advise you on the correct visa to apply for.

Please see the frequently asked questions. Students should contact us at ISRS@xjtlu.edu.cn for more information on their options.

Fees and funding

UK students
RMB 90,000
International students
RMB 90,000

SCHOLARSHIPS

XJTLU offers a generous scholarship of up to 50 percent of the total tuition fee for all full-time masters programmes based on academic merit. Should you wish to apply for XJTLU master scholarship, please submit a scholarship application letter in your application stating the reasons why you should be considered.

ALUMNI DISCOUNT

If you are a graduate of XJTLU, the University of Liverpool or Xi’an Jiaotong University, you will automatically receive a discount of 20 percent of the tuition fee.

PAYMENT OPTIONS

Masters students have the option to pay tuition fees in instalments each semester. You can also choose to pay the fees upfront at the time of registration, in this case a discount of five percent of the total fees will be offered.

You will be asked to indicate how you would like to pay the fees when you confirm your acceptance of the unconditional offer.

Qualification and course duration

MSc

full time
18 months

Course contact details

Name
PG Enquiries
Email
PGenquiries@xjtlu.edu.cn