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Postgraduate taught

MSc Financial Mathematics

UCAS code 1234
Duration 1 year full time
Entry year 2021
Contact

Web: Enquire online
Phone: 
+44(0)1392 724061

Entry requirements

A 2:1 degree or equivalent

View full entry requirements

Campus Streatham Campus
Discipline Mathematics

Overview

  • Designed for those with a strong mathematical background looking to pursue a career in finance
  • Gain financial expertise from the University of Exeter Business School alongside mathematical skills from our internationally respected Mathematics department
  • Be prepared for careers in areas that require expert skills in mathematical and financial modelling, computational analysis and business management
  • 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.

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A snapshot of Mathematics at the University of Exeter.

8th in the Russell Group for Mathematics

The Guardian University League Table 2020

Wide range of exciting and high-impact research projects

Research expertise in climate modelling and statistics; control and dynamics; systems biology; astrophysical fluid flows and number theory

Entry requirements

Normally a 2:1 Honours degree or equivalent in a mathematics, science or engineering subject, with significant mathematics content.

Requirements for international students

If you are an international student, please visit our international equivalency pages to enable you to see if your existing academic qualifications meet our entry requirements.

Entry requirements for international students

English language requirements

  • IELTS
  • TOEFL
  • Pearson

Please visit our entry requirements section for equivalencies from your country and further information on English language requirements.

Course content

The taught element of the programme takes place between October and May and is arranged into two 12-week teaching semesters.

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.

This module will provide you with extensive practical work that is of direct relevance to your development as an experienced professional. You will get the chance to apply the knowledge and skills you have acquired from taught modules to authentic problem solving in the work place. Collaborating with your work placement employer, you will identify a project that will constitute your MSc dissertation. Ideally, the dissertation should be based on the work that you will undertake during the placement, but this is not compulsory.

MSc Dissertation

This dissertation will give you the chance to demonstrate your knowledge, to exercise your initiative and personal responsibility, and to use the research techniques and skills you have developed throughout your degree.

You will be required to solve a research or industrially-related practical problem based on the topics learned within, but not exclusive to, the MSc programme you are registered for. The project work will lead to a major piece of work (dissertation) of approximately 15,000 words (max. 80 pages, including references and appendices) that involves project planning, analytical, experimental or empirical results and their interpretation, showing how the goals of the project have been met. You will receive a list of potential projects and will be required to express your two preferences. Alternatively, you can discuss your own dissertation ideas with the module leader / potential supervisor (academic staff) with a view to explore if they offer required technical rigour and research challenge. You will be encouraged to discuss your preferences with relevant academic staff before we allocate projects. As part of the research project, you are expected to undertake a considerable amount of self-study. There is no formal taught component in the module, apart from suggested regular meetings with the supervisor.

Prerequisite modules: All compulsory modules listed for (or equivalent) the MSc programme you are registered for.

Course variants

  • Combine your masters in Financial Mathematics 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

2021/22 entry

UK fees per year: 

£15,300 full-time

With Professional placement (second year) £3,060 full-time

International fees per year: 

£25,000 full-time

With Professional placement (second year) £5,000 full-time

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 of up to £10,609 are now available for Masters degrees. Find out more about eligibility and how to apply.

Scholarships

The University of Exeter is offering scholarships to the value of over £4 million for students starting with us in September 2021. Details of scholarships, including our Global Excellence scholarships for international fee paying students, can be found on our dedicated funding page.

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.