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Masters Degrees

MSc Mathematical Finance

UCAS code 1234
Duration 1 year full time
Entry year September 2026
Campus Streatham Campus
Discipline Mathematics
Contact
Typical offer

View full entry requirements

A good degree (normally a 2:2).  

Contextual offers

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 at least one of MATLAB, C++ or Python, 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.​  

Apply online

Fast Track (current Exeter students)

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Contact

Programme Director: Mark Holland

Web: Enquire online

Phone: +44 (0)1392 72 72 72

A snapshot of Mathematics at the University of Exeter.

Research icon: a mortarboard and a cog

100% of our research in Mathematics has internationally excellent impact

Based on research rated 4* and 3* in the Research Excellence Framework 2021.

Graduation cap and diploma icon: symbolizing academic achievement and success.

84% of graduates in or due to start employment or further study fifteen months after graduation

Based on full-time, first degree, UK domiciled graduates, HESA Graduate Outcomes survey 2021/22

Top 20 icon

Top 20 in the UK for Mathematics

20th in The Times and The Sunday Times Good University Guide 2026

Briefcase icon

Optional Professional Placement

Research icon: a mortarboard and a cog

100% of our research in Mathematics has internationally excellent impact

Based on research rated 4* and 3* in the Research Excellence Framework 2021.

Graduation cap and diploma icon: symbolizing academic achievement and success.

84% of graduates in or due to start employment or further study fifteen months after graduation

Based on full-time, first degree, UK domiciled graduates, HESA Graduate Outcomes survey 2021/22

Top 20 icon

Top 20 in the UK for Mathematics

20th in The Times and The Sunday Times Good University Guide 2026

Briefcase icon

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.

Please also see our guidance on essential documentation required for an initial decision on taught programme applications.

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 B1.

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.

Course variants

Mathematical Finance with Professional Placement MSc

  • 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

2026/27entry

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

Scholarships

The University of Exeter offers a wide range of scholarships to support your education, with £7 million available for international students applying to study with us in the 2026/27 academic year, including our prestigious Exeter Excellence Scholarships *. We also provide awards for sport, music and other achievements, as well as regional and partner scholarships with organisations such as Chevening, The Beacon Trust and the British Council. For more information on scholarships and other financial support, please visit our scholarships and bursaries page.

University of Exeter Alumni Scholarship

We are pleased to offer University of Exeter alumni beginning a standalone postgraduate programme in 2026/27 with us a scholarship towards the cost of your tuition fees. Full details can be found here.

*Terms and conditions, including deadlines, apply. See our website for 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 at least one of Matlab, C++ or Python computer programming languages 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

student wearing mortar board on graduation

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.