| UCAS code | 1234 |
|---|---|
| Duration | 1 year full time |
| Entry year | September 2024 |
| Campus | Streatham Campus |
| Discipline | Mathematics |
| Contact |
| Typical offer | A good degree (normally a 2:2). |
|---|---|
| UCAS code | |
|---|---|
| Duration | 2 years full time |
| Entry year | September 2024 |
| Campus | Streatham Campus |
| Discipline | Mathematics |
| Contact |
| Typical offer | A good degree (normally a 2:2). |
|---|---|
Overview
- Our conversion programme offers a solid foundation in financial and mathematical theory for those with or without a prior specialist mathematics or finance education.
- Gain financial expertise from the University of Exeter Business School alongside mathematical skills from our internationally respected Mathematics department.
- Develop essential, complementary skills in areas such as probability and stochastic analysis, option pricing, risk analysis and extremes, computational methods using MATLAB/C++, financial management and investment analysis.
- Undertake a project in your chosen field, where you’ll develop your research, computational, and modelling skills with support from staff who have extensive experience working in multiple financial services and insurance industries.
- Boost your employability with an optional placement year to complement your year of study and gain practical experience in this field.
100% of our research in Mathematics has internationally excellent impact
Based on research rated 4* and 3* in the Research Excellence Framework 2021.
16th for Mathematics in the Complete University Guide 2024
Top 20 in the UK for Mathematics
16th in The Times and The Sunday Times Good University Guide 2024
Optional Professional Placement
Entry requirements
A good degree (normally a 2:2).
Successful applicants will usually have at least an A-level or equivalent in Mathematics and/or have received quantitative skills training as part of their undergraduate programme or professional experience.
Entry requirements for international students
English language requirements
International students need to show they have the required level of English language to study this course. The required test scores for this course fall under Profile B2. Please visit our English language requirements page to view the required test scores and equivalencies from your country.
Course content
The MSc Mathematical Finance offers a solid foundation to the tools, theory and practice required for a career in finance or related professions. The heart of the programme is our case studies module, structured around current and practical issues within the mathematical finance industry. This is complemented by modules teaching the essential concepts and techniques in mathematics and finance.
A capstone project gives you the opportunity to extend your expertise into a specialist area of your choice. This programme is offered as a conversion course and does not require a prior specialist mathematics or finance education. We offer a ”with Professional Placement” variant if you would like to complement your year of study with a placement year to round out your experience in this field.
The modules we outline here provide examples of what you can expect to learn on this degree course based on recent academic teaching. The precise modules available to you in future years may vary depending on staff availability and research interests, new topics of study, timetabling and student demand.
Compulsory modules
| Code | Module | Credits |
|---|---|---|
| MTHM059 | Case Studies in Mathematical Finance | 30 |
| MTHM002 | Methods for Stochastics and Finance | 15 |
| MTHM003 | Analysis and Computation for Finance | 15 |
| BEAM047 | Fundamentals of Financial Management | 15 |
| MTHM006 | Mathematical Theory of Option Pricing | 15 |
| MTHM060 | Actuarial and Mathematical Finance Project | 60 |
Optional modules
| Code | Module | Credits |
|---|---|---|
| Select 30 credits from the following modules | ||
| BEAM032 | Investment Analysis 1 | 15 |
| BEAM031 | Financial Instruments | 15 |
| BEAM029 | Topics in Financial Economics | 15 |
| BEAM033 | Banking and Financial Services | 15 |
| BEAM035 | Derivatives Pricing | 15 |
| BEAM036 | Domestic and International Portfolio Management | 15 |
| BEAM038 | Investment Analysis II | 15 |
| BEAM046 | Financial Modelling | 15 |
| BEAM050 | Advanced Corporate Finance | 15 |
| BEAM078 | Applied Empirical Accounting and Finance | 15 |
| BEEM012 | Applied Econometrics 2 | 15 |
| BEEM011 | Applied Econometrics 1 | 15 |
| MTHM048 | Ergodic Theory | 15 |
Course variants
- Combine your masters in Mathematical Finance with work experience in the UK, putting your learning into practice while studying
- Studied over two years, you’ll have the opportunity to gain valuable professional experience by completing a 9-12 month work placement in a role relevant to your degree
- Become a sought-after professional with strong industry experience
Fees
2024/25 entry
UK fees per year:
£13,700 full-time
With Professional placement (second year) £2,740
International fees per year:
£29,100 full-time
With Professional placement (second year) £5,820
Fee information
Fees can normally be paid by two termly instalments and may be paid online. You will also be required to pay a tuition fee deposit to secure your offer of a place, unless you qualify for exemption. For further information about paying fees see our Student Fees pages.
UK government postgraduate loan scheme
Postgraduate loans are now available for Masters degrees. Find out more about eligibility and how to apply.
Scholarships
We invest heavily in scholarships for talented prospective Masters students. This includes over £5 million in scholarships for international students, such as our Global Excellence Scholarships*.
For more information on scholarships, please visit our scholarships and bursaries page.
*Selected programmes only. Please see the Terms and Conditions for each scheme for further details.
Teaching and research
Teaching is by lectures, example classes, computer classes, tutorials, set work, project work, reading and self-study. The exact form and number of the lectures and tutorials varies from module to module and is chosen according to the material to be covered.
You will use the computer programming language Matlab and online financial databases such as Bloomberg and Datastream.
You will be allocated a Personal Tutor who is available for advice and support throughout your studies, along with support and mentoring from graduates who are now placed in industry. There is also a Postgraduate Tutor available to help with further guidance and advice.
A research and practice-led culture
We believe every student benefits from being taught by experts active in research and practice. You will discuss the very latest ideas, research discoveries and new technologies in seminars and in the field and you will become actively involved in a research project yourself. All our academic staff are active in internationally-recognised scientific research across a wide range of topics. You will also be taught by leading industry practitioners.
Careers
The University of Exeter has an established reputation of training tomorrow's great minds to a high standard, so when it comes to life after graduation you can be confident that you are starting your next professional adventure in a prime, leading position. All programmes are designed so you not only get a second to none education in your area of choice, but you also are equipped with the correct vocational skills to achieve success in the working world or in further study.
Dedicated careers support
You will receive support from our dedicated Career Zone team, who provide excellent career guidance at all stages of career planning. The Career Zone provides one-on-one support and is home to a wealth of business and industry contacts. Additionally, they host useful training events, workshops and lectures which are designed to further support you in developing your enterprise acumen. Please visit the Career Zone for additional information on their services.
