Studyportals

Financial Mathematics

Brunel University London

M.Sc.
12 months
Duration
19280 GBP/year
10440 GBP/year
Unknown
Tuition fee
Unknown
Apply date
Unknown
Start date

About

On this Financial Mathematics course at Brunel University London, you’ll put theory into practice by developing your numerical and computational skills to implement financial models. These are the skills you’ll need to work for a financial institution.

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Overview

Financial mathematics builds on the application of advanced concepts in modern probability theory to enable market professionals to tackle and systematically resolve a huge range of issues in the areas of pricing, hedging, risk management, and market regulation.

The  Financial Mathematics course at Brunel University Londonhas an emphasis on:

  • the modelling of the dynamics of financial assets, both in equity markets and in fixed-income markets
  • the pricing and hedging of options and other derivatives
  • the quantification and management of financial risk.

The course will give you a balanced mixture of advanced mathematics (including modern probability theory and stochastic calculus), modern finance theory (including models for derivatives, interest rates, foreign exchange, equities, commodities, and credit), and computational technique (GPU-based high-performance computing).

Careers and your future

You’ll be qualified to pursue a job in a number of different areas of financial modelling and risk management in the financial services industry, with employment prospects in banks, asset management firms, hedge funds, pension funds, insurance and re-insurance companies, exchanges, corporate and sovereign treasuries, financial consultants, financial software developers, financial regulators, financial publishing houses, and companies specialising in the analysis and distribution of financial information and data. There is also a demand in financial institutions for well qualified mathematically literate graduates with higher degrees for positions in the trading, structuring and marketing of financial products.

Programme Structure

Courses included:

  • Computer Intensive Statistical Methods
  • Financial Markets
  • Interest Rate Theory
  • Option Pricing Theory
  • Probability and Stochastics
  • Research Methods and Case Studies
  • Dissertation

Key information

Duration

  • Full-time
    • 12 months

Start dates & application deadlines

Language

English
IELTS or TOEFL needed

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 (required)
GRE admission requirements GRE® The GRE® General Test is a widely administered admissions test that measures the skills needed in today's graduate and business school programs worldwide. It contains three sections - Verbal Reasoning, Quantitative Reasoning, and Analytical Writing. Three scores are reported: a Verbal Reasoning score on a 130 - 170 score scale in one-point increments, a Quantitative Reasoning score on a 130 - 170 score scale in one-point increments, and an Analytical Writing score on a 0 - 6 score scale in half-point increments.
GMAT admission requirements GMAT The Graduate Management Admission Test (GMAT) is a test intended to assess certain analytical, writing, quantitative, verbal, and reading skills in written English for use in admission to a graduate management program, such as an MBA. GMAT contains 4 sections - Analytical Writing Assessment, Integrated Reasoning, Quantitative and Verbal. The score has a range from 200 - 800.

English requirements

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 (required)
TOEFL admission requirements TOEFL® IBT The TOEFL iBT® is given online through the internet at desiganated 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.
79 (required)
PTE Academic admission requirements PTE Academic PTE Academic (Pearson Test of English Academic) is a language test that enables students to demonstrate their writing, listening, speaking, and reading skills when applying to study in English. The score refers to a total score which ranges between 10 and 90.
51 (required)

Other requirements

General requirements

  • A 2:2 (or above) UK Honours degree, or equivalent internationally recognised qualification, in Mathematics.
  • Applications from candidates with degrees in related subjects with a substantial mathematical component (such as Physics, Engineering, Chemistry, or Economics) may be considered on an individual basis.
  • Other qualifications with relevant work experience may also be considered.

Tuition Fee

  • International

    19280 GBP/year
    Tuition Fee
    Based on the original amount of 19280 GBP per year and a duration of 12 months.
  • EU/EEA

    10440 GBP/year
    Tuition Fee
    Based on the original amount of 10440 GBP per year and a duration of 12 months.

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.

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Financial Mathematics
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Brunel University London

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