Studyportals

Financial Mathematics

Middlesex University

Master
12 months
Duration
14000 GBP/year
9200 GBP/year
Unknown
Tuition fee
Anytime
Unknown
Apply date
Unknown
Start date

About

A combination of mathematics, statistics and computing, financial mathematics is a specialism vital to the day-to-day functioning of the world's economic institutions. The Financial Mathematics programme is offered at Middlesex University. 

Overview

Why study MSc Financial Mathematics at Middlesex University?

Highly technical and theoretical aspects of mathematics take on a practical importance which can affect millions of lives through this fascinating discipline, which involves predicting the behaviour of markets and suggesting strategies for investment.

We believe strongly that the work you do must be relevant to the world of work – that's why our course has a strong practical slant. It also has the unusual and significant advantage of including from-scratch training in computer programming, allowing you to develop first-class computing skills alongside your mathematical expertise. You'll need a good degree in maths, or a related subject like physics or engineering, but no prior knowledge of finance.

Course highlights

  • The course combines a comprehensive grounding in the theory of financial mathematics with thorough practical training
  • The subscriptions to Bloomberg and Datastream allow you to work with real datasets
  • We'll teach you to code for financial mathematics in widely-used programming languages, without the need for prior experience
  • Guest lectures from industry specialists allow you to gain insights from practising professionals into real-life situations
  • The course is designed either for graduates considering a financial career, or for those already working in the industry looking for a greater understanding of finance and insurance risk
  • As a student of this course you'll receive a free electronic textbook for every module.

Careers

A solid command of the principles and techniques of financial mathematics is essential for anyone working in trading, pricing, hedging, asset management, risk control and a variety of other areas of finance. 

There is currently a major drive to improve the mathematical abilities of staff working in financial institutions, and banks and companies which deal with risk are looking to hire employees with a solid mathematical background. 

This course will equip you for a wide range of careers in financial product development, risk analysis and management, pricing, investment decision making and portfolio development, with banks and financial companies or the government.

Programme Structure

Courses include: 

  • Risk Measurement 
  • Pricing and stochastic calculus 
  • Portfolios and risk
  • Financial data and computing 
  • Probability and stochastic processes 
  • Project (60 credits) - Compulsory
  • International risk management 
  • Time series and forecasting 
  • Games and decisions 

Key information

Duration

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

Start dates & application deadlines

More details

We recommend applying as early as possible for your chosen postgraduate course to ensure you are granted a place .

Language

English

Credits

180 alternative credits

Delivered

On Campus

Academic requirements

GPA admission requirements GPA Your GPA, or Grade Point Average, is a number that indicates how well or how high you scored in your courses on average. Usually a GPA scales between 1.0 and 4.0, however different countries and universities can have different grading systems.
Lower Second Class

English requirements

TOEFL admission requirements TOEFL® IBT The TOEFL iBT® is given online through the internet at designated testing site. The test measures your English-language abilities in an academic setting. The score refers to the total score of 4 subjects (writing, listening, speaking, and reading), each subject has a range of 0 - 30.
87
IELTS admission requirements IELTS The International English Language Test System (IELTS) tests your English-language proficiency on a scale of 1 – 9. The score refers to the combined average score of 4 subjects (writing, listening, speaking, and reading).
6.5

Other requirements

General requirements

  • We welcome applications from graduates with a 2:2 honours degree, or equivalent qualification, in an appropriate subject
  • We welcome applications from graduates with a 2:2 honours degree, or equivalent qualification, in an appropriate subject
  • We also consider candidates with other relevant qualifications
  • Those without formal qualifications need to demonstrate three years' relevant work experience and the ability to study at postgraduate level.

Tuition Fee

  • International

    14000 GBP/year
    Tuition Fee
    Based on the original amount of 14000 GBP per year and a duration of 12 months.
  • EU/EEA

    9200 GBP/year
    Tuition Fee
    Based on the original amount of 9200 GBP per year and a duration of 12 months.

UK/EU 

  • Part-time per taught credit: £61
International
  • Part-time per taught credit: £93

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.

Due for update

Updated over a year ago

Check the official programme website for potential updates.

Our partners

Financial Mathematics
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Middlesex University

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