12 months
20370 GBP/year
15840 GBP/year
Tuition fee
Apply date
Start date


The Mathematical Finance programme at Birkbeck, University of London is demanding and challenging; applicants should have strong intellectual ability and be willing to work hard.


The Mathematical Finance programme at Birkbeck, University of London offers advanced training in quantitative skills used in modern financial institutions, including most notably valuation of securities, and measurement and management of portfolio risks, enabling you to seek employment in financial institutions, including regulator bodies.

You will be trained in programming, numerical methods and statistics, and given a grounding in pricing and risk management techniques. A key feature is the emphasis on computational methods and implementation of the pricing and risk management techniques learnt. You will complete modules in programming, numerical methods and financial statistics, and many topics are illustrated by computer examples.

Careers and Employability

Graduates can pursue a career in banking and finance, the public sector, industry, and research and analysis. Possible professions include financial risk analyst, economist, or purchasing manager. This degree can also be useful in becoming a management consultant or actuary.

Programme Structure

Courses Include:

  • Mathematical and Numerical Methods
  • Credit Risk Management
  • Financial Econometrics I
  • Forecasting Economic and Financial Time Series
  • Market Risk Management
  • Mathematical and Numerical Methods

Key information


  • Full-time
    • 12 months
  • Part-time
    • 24 months

Start dates & application deadlines

More details

You are strongly advised to apply now, to ensure there are still places on your chosen course and to give you time to complete the admissions process.


180 alternative credits


On Campus

Academic requirements

GPA admission requirements GPA
Lower Second Class

Other requirements

General requirements

  • The normal entry requirement is a second-class honours degree (2:2) or above from a UK university, or overseas equivalent, in a quantitative subject such as mathematics, physics, statistics, economics or engineering.

  • In some circumstances, we are able to admit students with an undergraduate degree that is less than the 2:2 standard, provided that your subsequent work experience and/or education and training is considered to have brought you to an equivalent standard.
  • Alternatively, a merit or higher in a Graduate Diploma in economics, mathematics or statistics would be suitable.  
  • On your application form, please list all your relevant qualifications and experience, including those you expect to achieve.
  • Your personal details
  • Your qualifications
  • Your work experience
  • Your personal statement
  • Referees
  • Statistical information
  • English proficiency
  • The application form 

Tuition Fee

To alway see correct tuition fees
  • International

    20370 GBP/year
    Tuition Fee
    Based on the tuition of 20370 GBP per year during 12 months.
  • National

    15840 GBP/year
    Tuition Fee
    Based on the tuition of 15840 GBP per year during 12 months.
  • Part-time home students: £7920 pa
  • Part-time international students: £10185 pa

Living costs for London

1137 - 2157 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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Mathematical Finance
Birkbeck, University of London


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