Overview

The Statistics with Financial Mathematics course from University of Sheffield trains you to apply the probabilistic, statistical and mathematical techniques that are used in the finance industry.

Key Features

It is based on our Statistics MSc course, but also includes key financial topics such as the Capital Asset Pricing Model, the Black-Scholes option pricing formula and stochastic processes.

You’ll also develop a detailed working knowledge of more general statistical techniques and concepts, including linear and generalised linear modelling, Bayesian statistics, time series and machine learning.

You’ll learn how to analyse and draw meaningful conclusions from data, and develop your programming skills using the statistical computing software R.

Accreditation

Accredited by the Royal Statistical Society

Programme Structure

Courses include:

Data Analysis

Statistical Laboratory

Linear Models

Inference

Financial Mathematical, Dependent Data

Stochastic Processes and Finance

Key information

Duration

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

Start dates & application deadlines

Starting 2025-09-30 00:00:00
- Apply before 2025-09-06 00:00:00 , National
- Apply before 2025-09-02 00:00:00 , International

Language

English

IELTS

6.5

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PTE Academic

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TOEFL^® IBT

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Credits

180 alternative credits

Delivered

Blended

Disciplines

Financial Mathematics Statistics Actuarial Science View 40 other Masters in Actuarial Science in United Kingdom

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Academic requirements

GPA

Upper Second Class

English requirements

IELTS

6.5

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PTE Academic

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TOEFL^® IBT

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Other requirements

General requirements

We ask for a 2:1 honours degree, or equivalent, with substantial mathematical and statistical components. In particular, you should have studied the following topics and performed well in assessments on them (for example, a score of at least 60 per cent).

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

Student insurance

Make sure to cover your health, travel, and stay while studying abroad. Even global coverages can miss important items, so make sure your student insurance ticks all the following:

Additional medical costs (i.e. dental)
Repatriation, if something happens to you or your family
Liability
Home contents and baggage
Accidents
Legal aid

We partnered with Aon to provide you with the best affordable student insurance, for a carefree experience away from home.

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Starting from €0.53/day, free cancellation any time.

Remember, countries and universities may have specific insurance requirements. To learn more about how student insurance work at University of Sheffield and/or in United Kingdom, please visit Student Insurance Portal.

Tuition Fee

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International

26350 GBP/year

Tuition Fee

Based on the tuition of 26350 GBP per year during 12 months.
National

12070 GBP/year

Tuition Fee

Based on the tuition of 12070 GBP per year during 12 months.

Living costs for Sheffield

555 - 977 GBP /month

Living costs

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

Funding

Win a €10000 Scholarship! Deadline: 30 June 2020

Embark on your journey with the Studyportals Scholarship! We're giving away a total of 20,000 euros to help you achieve your dream of studying abroad.

Win a €10000 Scholarship! Deadline: 30 June 2020

Embark on your journey with the Studyportals Scholarship! We're giving away a total of 20,000 euros to help you achieve your dream of studying abroad.

In order for us to give you accurate scholarship information, we ask that you please confirm a few details and create an account with us.

Scholarships Information

Below you will find Master's scholarship opportunities for Statistics with Financial Mathematics.

Available Scholarships

You are eligible to apply for these scholarships but a selection process will still be applied by the provider.

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