Financial Mathematics at King's College London studies problems of financial decision by combining various techniques from pure and applied mathematics. This course covers a diverse range of topics, from classical options pricing theory to post-crisis financial mathematics on optimal hedging, investment and risk management.
- Top 10 in the UK for Mathematics (QS World Rankings by subject 2020).
- In-depth coverage of the skills needed for working in the financial, actuarial or related industry: probability theory, optimisation, statistics and computer implementation.
- Unrivalled facilities in central London with City of London’s financial centre close by, and with access to live market data in our Bloomberg Data Laboratory.
- Flexible study course offering the opportunity to study part-time.
- King’s is a member of the London Graduate School in Mathematical Finance which provides advanced courses for students who wish to push beyond the MSc core syllabus.
- Lecturers on the course have extensive experience in consulting and working for financial companies and institutions such as Bank of Finland, Commerzbank, Deutsche Bank, Goldman Sachs, ION Trading, Standard Chartered Bank and Winton Capital Management.
Our graduates are highly sought after by investment banks, corporate risk management units, insurance companies, fund management institutions, financial regulatory bodies, brokerage firms, and trading companies. Recent employers of our graduates include Capital Investment, Credit Suisse, European Bank for Reconstruction & Development, Fitch Ratings, HSBC and Morgan & Stanley. Some graduates have chosen to pursue research degrees in financial mathematics.
- Probability Theory
- Risk Neutral Valuation
- MSc Financial Mathematics Project
- 12 months
- 24 months
Start dates & application deadlines
- Apply before
- Students currently residing in mainland China: January 7
DisciplinesFinancial Mathematics Actuarial Science View 108 other Masters in Actuarial Science in United Kingdom
- Bachelor’s degree with 2:1 honours degree in mathematics or mathematics based subject.
- Applicants would need to demonstrate previous study of Further Mathematics and Pure Mathematics.
- In order to meet the academic entry requirements for this programme you should have a minimum 2:1 undergraduate degree with a final mark of at least 60% or above in the UK marking scheme. If you are still studying you should be achieving an average of at least 60% or above in the UK marking scheme.
- A personal statement of up to 4,000 characters (maximum 2 pages) is required.
- A copy (or copies) of your official academic transcript(s), showing the subjects studied and marks obtained.
- One academic reference is required. A professional reference will be accepted if you have completed your qualifications over five years ago.
- Applicants may wish to include a CV (Resume) or evidence of professional registration as part of their application.
International32940 GBP/yearTuition FeeBased on the tuition of 32940 GBP per year during 12 months.
National11040 GBP/yearTuition FeeBased on the tuition of 11040 GBP per year during 12 months.
- Home/UK fees: £5,520 per year
- Overseas fees: £16,470 per year
Living costs for London
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.
Apply and win up to €10000 to cover your tuition fees.