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Financial Management, M.Sc.

  • Anytime
    Application Deadline
  • Unknown
    Duration

About

If you’re passionate about mathematics and keen to build a career in finance, it could be the ideal choice. The masters in Financial Mathematics course is part of the Maxwell Institute for Mathematical Sciences. 

Opportunities

The Financial Mathematics programme at Heriot-Watt University offers intensive training in the mathematical ideas and tools vital to the finance industry. So it’ll equip you for a range of exciting and potentially high-earning career opportunities.

Programme Structure

Coruses include:

  • Derivatives Markets
  • Derivative Pricing and Financial Modelling
  • Financial Markets
  • Discrete-Time Finance
  • Stochastic Analysis in finance
  • Credit Risk Modelling

Detailed Programme Facts

  • Programme intensity Full-time
  • Credits
    180 alternative credits
  • Languages
    • English
  • Delivery mode
    On Campus

English Language Requirements

  • Minimum required score:

    6.5

    The IELTS – or the International English Language Test System – tests your English-language abilities (writing, listening, speaking, and reading) on a scale of 1.00–9.00. The minimum IELTS score requirement refers to which Overall Band Score you received, which is your combined average score. Read more about IELTS.

    Schedule IELTS
  • Minimum required score:

    92

    The TOEFL iBT ® measures your English-language abilities in an academic setting. The test has four sections (reading, listening, speaking, and writing), each with a score range of 0-30, for a total score range of 0-120. Read more about TOEFL iBT ®.

    Schedule TOEFL®

Academic Requirements

You need the following GPA score:

Required score: Upper Second Class

Applicants for graduate programs must have the equivalent of a bachelor’s degree with a minimum GPA equivalent to Upper Second Class on the UK Honour scale. Admitted applicants typically have an undergraduate GPA of or better on the UK Honour scale. No exam grade should be lower than 4.5 (European grade scale) or D (American grade scale).

Your GPA (Grade Point Average) is calculated using the grades that you received in each course, and is determined by the points assigned to each grade (e.g. for the US grading scale from A-F).

General Requirements

  • Entry requires a UK 2.1 degree or equivalent in Mathematics, Statistics, or a related subject with a substantial mathematics content from a British or overseas university.

Tuition Fee

  • International

    24840 GBP/year
    Tuition Fee
    Based on the original amount of 24840 GBP per year and a duration of .
  • EU/EEA

    21296 GBP/year
    Tuition Fee
    Based on the original amount of 21296 GBP per year and a duration of .
We've labeled the tuition fee that applies to you because we think you are from and prefer over other currencies.

Living costs for Edinburgh

  • 725 - 1170 GBP/month
    Living Costs

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

Funding

Studyportals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.

The Global Study Awards: get funded with up to £10,000 to study abroad

Together with the ISIC Association and British Council IELTS, Studyportals offers you the chance to receive up to £10000 to expand your horizon and study abroad. We want to ultimately encourage you to study abroad in order to experience and explore new countries, cultures and languages.

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