Awards: MSc, PgDip
Study modes: Full-time, Part-time
Programme website: Computational Mathematical Finance
The MSc in Computational Mathematical Finance (CMF) 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 programme delivers:
You must obtain a total of 180 credits to be awarded the MSc. Over semesters 1 and 2, you will take compulsory courses worth a total of 85 credits and optional courses worth a further 35 credits. Successful performance in these courses (assessed through coursework or examinations or both) allows you to start work on a three-month dissertation project, worth 60 credits, for the award of the MSc degree.
There are two streams: the Financial stream and the Computational stream.
Compulsory courses (both streams):
Optional courses - Computational stream:
Optional courses - Financial stream:
At the end of this programme you will have:
Graduates can expect to go on to work in major financial institutions or to continue their studies by joining PhD programmes.
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.
Check whether your international qualifications meet our general entry requirements:
All applicants must have one of the following qualifications as evidence of their English language ability:
an undergraduate or masters degree, that was taught and assessed in English in a majority English speaking country as defined by UK Visas and Immigration
Degrees taught and assessed in English must be no more than two and a half years old at the beginning of your degree programme. Language tests must be no more than two years old at the beginning of your degree programme.
Find out more about our language requirements:
For detailed information on fee status, policies and payment see:
See Scholarships and Student Funding Services for other funding opportunities:
Select your programme and preferred start date to begin your application.
We encourage you to apply at least one month prior to entry so that we have enough time to process your application. If you are also applying for funding or will require a visa then we strongly recommend you apply as early as possible. We may consider late applications if we have places available, but you should contact the relevant Admissions Office for advice first.