Financial Mathematics MSc

Postgraduate

In London

£ 24,860 VAT inc.

Description

  • Type

    Postgraduate

  • Location

    London

  • Duration

    1 Year

The financial services industry place great emphasis on raising the level of mathematics used in banks in applications to pricing, hedging and risk management. This MSc provides students with the skills necessary in mathematics, statistics and computation for a career in this fast-developing field.

Facilities

Location

Start date

London
See map
Gower Street, WC1E 6BT

Start date

On request

About this course

Many students have progressed to careers in financial services in the City of London or in their home country; a number of graduates have proceeded to a PhD.

A minimum of an upper second-class Bachelor's degree in a relevant discipline from a UK university or an overseas qualification of an equivalent standard.

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Reviews

This centre's achievements

2018

All courses are up to date

The average rating is higher than 3.7

More than 50 reviews in the last 12 months

This centre has featured on Emagister for 13 years

Subjects

  • Risk
  • Risk Management
  • Statistics
  • Mathematics
  • Financial Mathematics
  • Financial Training
  • IT risk
  • Finance
  • GCSE Mathematics
  • Financial

Course programme

Students will develop a detailed understanding of the application of mathematics, statistics and computation to problems in finance, and will gain the necessary practical tools for the pricing, hedging and risk management of a diverse range of financial products in several asset classes.

Students undertake modules to the value of 180 credits.

The programme consists of four core modules (60 credits), four optional modules (60 credits) and the research dissertation (60 credits).

A Postgraduate Diploma will be offered to the students that have completed 8 taught modules (120 UCL credits).

A Postgraduate Certificate will be offered to the students that have completed 4 taught modules (60 UCL credits).

Core modules
  • Statistical Methods and Data Analytics
  • Finance and Numerics
  • Market Risk and Portfolio Theory
  • Asset Pricing in Continuous Time
  • MSc Project
Optional modules

Four modules must be chosen from the following list.

  • Interest Rates and Credit Modelling
  • Topics in Financial and Insurance Mathematics
  • Stochastic Processes
  • Mathematics and Statistics of Algorithmic Trading
  • Applied Computational Finance
  • Quantitative Modelling of Operational Risk and Insurance Analytics
  • Forecasting
Dissertation/report

All MSc students undertake an independent research project, which culminates in a research report of approximately 10,000 words.

Teaching and learning

The programme is delivered through a combination of lectures, practical classes, tutorials and problem-solving exercises. Assessment is through written papers, coursework, examinations and the research report and presentation.


Additional information

Fee - £28,370 (FT) £14,180 (PT)

Financial Mathematics MSc

£ 24,860 VAT inc.