9 months
15792 GBP/year
7360 GBP/year
Tuition fee
Apply date
Start date


With the advent of powerful and yet economically accessible computing, online trading has become a common activity, but many have realised that a certain amount of mathematics is necessary to be successful in such fields. The Mathematics and Finance programme is offered at the University of Essex.

Visit the official programme website for more information


Postgraduate Diplomas last for six to nine months (full-time) and include the modules and assessed work of a Masters, without a dissertation. This allows you to proceed to a Masters in mathematics if your undergraduate degree was in a different subject.

The Postgraduate Diploma in Mathematics and Finance at the University of Essex  produces graduates with a sound mathematics and finance background, and with the necessary skills like computing, use of algorithms and analysing data, to be applied to problems arising in finance.

Our interdisciplinary research recognises that mathematics, including what can be very abstract mathematics, is an essential part of research in many other disciplines.

Your future

There is undoubtedly a shortage of mathematicians in general, and an even greater one of those with knowledge of finance.

Our course produces graduates with a sound background in mathematics and finance. Key employability skills include computing, use of algorithms, data analysis, mathematical modelling and understanding financial statements.

Our graduates are highly sought after by a range of employers and find employment in financial services, scientific computation, decision making support and government, risk assessment, statistics, education and other sectors.

We also offer supervision for PhD, MPhil and MSc by Dissertation. We have an international reputation in many areas such as semi-group theory, optimisation, probability, applied statistics, bioinformatics and mathematical biology, and our staff are strongly committed to research and to the promotion of graduate activities.

Programme Structure

Courses include:

  • Statistical Methods
  • Stochastic Processes
  • Mathematics of Portfolios
  • Survival Analysis
  • Financial Derivatives

Key information


  • Full-time
    • 9 months

Start dates & application deadlines

More details

We recommend that you apply as soon as you are able to .


120 alternative credits


On Campus

Academic requirements

GPA admission requirements GPA
Lower Second Class

Other requirements

General requirements

  • We will consider applicants with a 2:2 degree in one of the following subjects:
  • Mathematics,
  • Statistics
  • Operational research
  • Computer Science
  • Applied Mathematics
  • Pure Mathematics
  • Biostatistics
  • Economic Statistics
  • Statistics
  • Economics
  • OR
  • A 2.2 degree in any subject which includes:
  • One module in:
  • Calculus
  • Maths
  • Engineering Maths
  • Advanced Maths
  • And one module in
  • Statistics or Probability
  • Maths
  • Engineering Maths

Tuition Fee

To alway see correct tuition fees
  • International

    15792 GBP/year
    Tuition Fee
    Based on the tuition of 15792 GBP per year during 9 months.
  • National

    7360 GBP/year
    Tuition Fee
    Based on the tuition of 7360 GBP per year during 9 months.

Living costs for Colchester

660 - 1140 GBP /month
Living costs

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


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.

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Mathematics and Finance
University of Essex


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