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Postgraduate Diploma Mathematics and Finance

Postgraduate Diploma Mathematics and Finance

Different course options

Study mode

Full time

Duration

9 months

Start date

SEP-25

Key information
DATA SOURCE : IDP Connect

Qualification type

Postgraduate Diploma

Subject areas

Mathematics (General) Finance / Accounting (General)

Course type

Taught

Course Summary

Postgraduate Diploma in Mathematics and Finance produces graduates with a sound mathematics and finance background, and with the necessary skills like computing, use of algorithms and analysing data, to be applied to problems arising in finance.

Postgraduate Diplomas last for six to nine months (full-time) and include the modules and assessed work of a Masters, without a dissertation. This allows you to proceed to a master’s in mathematics if your undergraduate degree was in a different subject.

In recent years, finance has been one of the areas where high-calibre mathematicians have been in great demand. With the advent of powerful and yet economically accessible computing, online trading has become a common activity, but many have realised that a certain amount of mathematics is necessary to be successful in such fields.

You explore topics including:

  • Models and mathematics in portfolio management
  • Risk management in modern banking
  • Financial modelling
  • Actuarial modelling
  • Applied statistics

Our interdisciplinary research recognises that mathematics, including what can be very abstract mathematics, is an essential part of research in many other disciplines.

Our Department of Mathematical Sciences has an international reputation in many areas including semi-group theory, optimisation, probability, applied statistics, bioinformatics and mathematical biology.

Your future

There is undoubtedly a shortage of mathematicians in general, and an even greater one of those with knowledge of finance.

Our course produces graduates with a sound background in mathematics and finance. Key employability skills include computing, use of algorithms, data analysis, mathematical modelling and understanding financial statements.

Our graduates are highly sought after by a range of employers and find employment in financial services, scientific computation, decision making support and government, risk assessment, statistics, education, and other sectors.

Modules

In this module you will learn what underpins the algorithms used where variables are integer and apply these algorithms to solve integer and mixed integer problems with cutting-plane algorithms.

Tuition fees

UK fees
Course fees for UK students

For this course (per year)

£8,000

International fees
Course fees for EU and international students

For this course (per year)

£17,360

Entry requirements

A 2:2 degree in one of the following subjects: Applied Mathematics, Biostatistics, Computer Science, Economic Statistics, Economics, Mathematics, Operational Research, Pure Mathematics, Statistics or any other 2.2 degree in any subject which includes three modules from the below lists: One module, from: Advanced Maths (I/II/III), Calculus (AKA Mathematical Analysis), Engineering Maths (I/II/III), Maths (I/II/III) and One module, from: Advanced Maths (I/II/III), Engineering Maths (I/II/III), Maths (I/II/III), Statistics or Probability and one additional relevant module, from: Advanced Maths (I/II/III), Algebra, Analysis, Complex Numbers, Differential Equations, Engineering Maths (I/II/III).

University information

The University of Essex prides itself on being at the forefront of change. It is an institution with a culture of boldness where creativity and curiosity in learning are both encouraged and expected. It’s a UK university, placing 36th and 32nd according to the Whatuni Student Choice Awards 2023 and the 2024 Complete University Guide rankings, respectively. At the University of Essex, students are taught by world-leading academics in a...more

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