
Overview
This Financial Modelling and Optimization programme from The University of Edinburgh will give you sound knowledge in financial derivative pricing, portfolio optimization and financial risk management.
We will also provide you with the skills to solve some of today’s financial problems, which have themselves been caused by modern financial instruments. This expertise includes modern probability theory, applied statistics, stochastic analysis and optimization.
Links with Industry
The School of Mathematics has connections with a wide number of industrial partners, organisations, charities and government departments. As an MSc student in the School you will have opportunities to engage with these external organisations through regular employability events, careers workshops, and our annual analytics challenge (whose recent partners have included Edinburgh Airport and the Data and Marketing Association). There is also the opportunity to undertake a dissertation project with an external partner.
Recent partners for industry-based dissertations in the Financial Modelling and Optimization MSc include:
- Moody’s Analytics
- Lloyds Banking Group
- Bank of England
- Hymans Robertson
Career opportunities
Graduates have gone on to work in major financial institutions or to continue their studies by joining PhD programmes.
Get more details
Visit official programme websiteProgramme Structure
Compulsory courses:
- Discrete-Time Finance
- Stochastic Analysis in Finance
- Fundamentals of Optimization
- Research-Linked Topics
- Finance, Risk and Uncertainty
- Risk-Neutral Asset Pricing
- Numerical Probability and Monte Carlo
- Optimization Methods in Finance
Check out the full curriculum
Visit official programme websiteKey information
Duration
- Full-time
- 12 months
- Part-time
- 24 months
Start dates & application deadlines
- Starting
- Apply before
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Language
Credits
Delivered
Disciplines
Mathematics Finance Actuarial Science View 116 other Masters in Actuarial Science in United KingdomExplore more key information
Visit official programme websiteAcademic requirements
English requirements
Other requirements
General requirements
- A UK 2:1 degree, or its international equivalent, in mathematics or a mathematical subject such as statistics, physics or engineering.
Make sure you meet all requirements
Visit official programme websiteTuition Fee
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International
33500 GBP/yearTuition FeeBased on the tuition of 33500 GBP for the full programme during 12 months. -
National
28700 GBP/yearTuition FeeBased on the tuition of 28700 GBP for the full programme during 12 months.
- Home: £14,350
- International/EU: £16,750
Living costs for Edinburgh
The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.
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.