Currently graduates in this field are expected to have a working knowledge of advanced computational finance (including construction of algorithms and programming skills) as well as a sound knowledge of the theory of Probability and Stochastic Analysis. These are the core theories needed in the modern valuation of complex financial instruments.
This MSc in Computational Mathematical Finance from The University of Edinburgh delivers:
- a flexible programme of study relevant to the needs of employers such as: top investment banks, hedge funds and asset management firms
- a solid knowledge in financial derivative pricing, risk management and portfolio management
- the transferable computational skills required by the modern quantitative finance world
Graduates can expect to go on to work in major financial institutions or to continue their studies by joining PhD programmes.
Programme StructureCourses Included:
- Stochastic Analysis in Finance
- Discrete-Time Finance
- Python Programming
- Numerical Probability and Monte Carlo
- Risk-Neutral Asset Pricing
- Stochastic Control and Dynamic Asset allocation
- Research Skills for Financial Mathematics
- 12 months
- 24 months
Start dates & application deadlines
- Apply before
DisciplinesMathematics Informatics & Information Technology Business Information Systems View 263 other Masters in Mathematics in United Kingdom
- A UK 2:1 degree, or its international equivalent, in mathematics or a mathematical subject such as statistics, physics or engineering. You must also have relevant programming experience (at least one semester undergraduate programming course, in any language e.g. C, C++, Java, Python, passed at 2:1 level).
International33500 GBP/yearTuition FeeBased on the tuition of 33500 GBP for the full programme during 12 months.
National28700 GBP/yearTuition FeeBased on the tuition of 28700 GBP for the full programme during 12 months.
- Home: £14,350
- International: £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.
- School of Mathematics 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.
Apply and win up to €10000 to cover your tuition fees.