12 months
33500 GBP/year
28700 GBP/year
Tuition fee
Apply date
Start date


The MSc in Computational Mathematical Finance from The University of Edinburgh is a dynamic new programme with the aim to deliver high quality training in the theory of Mathematical Finance with strong emphasis on computational methods.


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

Career opportunities

Graduates can expect to go on to work in major financial institutions or to continue their studies by joining PhD programmes.

Programme Structure

Courses 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

Key information


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

Start dates & application deadlines

More details



180 alternative credits


On Campus

Academic requirements

GPA admission requirements GPA
Upper Second Class

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. 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).

Tuition Fee

To alway see correct tuition fees
  • International

    33500 GBP/year
    Tuition Fee
    Based on the tuition of 33500 GBP for the full programme during 12 months.
  • National

    28700 GBP/year
    Tuition Fee
    Based on the tuition of 28700 GBP for the full programme during 12 months.

 Part-time fees:

  • Home: £14,350
  • International: £16,750

Living costs for Edinburgh

725 - 1167 GBP /month
Living costs

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.

Our partners

Computational Mathematical Finance
The University of Edinburgh


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