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Financial Mathematics MSc/PGDip

Different course options

Full time | Middlesex University | 1 year | OCT-20

Study mode

Full time

Duration

1 year

Start date

OCT-20

Key information
DATA SOURCE : IDP Connect

Qualification type

MSc - Master of Science

Subject areas

Mathematics For Specific Applications Financial Modelling

Course type

Taught

Course Summary

The course is designed either for graduates considering a financial career, or for those already working in the industry looking for a greater understanding of finance and insurance risk. This course combines a comprehensive grounding in the theory of financial mathematics with thorough practical training. A combination of mathematics, statistics and computing, financial mathematics is a specialism vital to the day-to-day functioning of the world's economic institutions. Highly technical and theoretical aspects of mathematics take on a practical importance which can affect millions of lives through this fascinating discipline, which involves predicting the behaviour of markets and suggesting strategies for investment. We believe strongly that the work you do must be relevant to the world of work – that's why our course has a strong practical slant. It also has the unusual and significant advantage of including from-scratch training in computer programming, allowing you to develop first-class computing skills alongside your mathematical expertise. You'll need a good degree in maths, or a related subject like physics or engineering, but no prior knowledge of finance.

A solid command of the principles and techniques of financial mathematics is essential for anyone working in trading, pricing, hedging, asset management, risk control and a variety of other areas of finance. There is currently a major drive to improve the mathematical abilities of staff working in financial institutions, and banks and companies which deal with risk are looking to hire employees with a solid mathematical background. This course will equip you for a wide range of careers in financial product development, risk analysis and management, pricing, investment decision making and portfolio development, with banks and financial companies or the government. As well as in-depth knowledge of your subject, our course will provide you with many transferable skills. It will improve your research, data collection and interpretation, communication, presentation and teamwork skills, as well as your confidence and your ability to work under your own initiative and manage your own time. Students can also exit with PGDip awards.

Modules

The module deals with information and communication technology to carry out financial market analysis in detail, and gives students the skills and ideas to implement computational approaches to financial problems.

Tuition fees

UK fees
Course fees for UK / EU students

For this course (per year)

£9,200

Average for all Postgrad courses (per year)

£5,202

International fees
Course fees for non-UK / EU students

For this course (per year)

£14,000

Average for all Postgrad courses (per year)

£12,227

Entry requirements

Students need to have a 2:2 honours degree, or equivalent qualification, in an appropriate subject. We also consider candidates with other relevant qualifications. Those without formal qualifications need to demonstrate three years' relevant work experience and the ability to study at postgraduate level. We also normally require Grade C GCSE or an equivalent qualification.

University information

Middlesex is a campus university based in leafy North London only 25 minutes from the buzz of central London. It has been excelling in teaching for over 130 years and boasts international campuses in Dubai and Mauritius. Their industry led, contemporary courses and practice-based teaching will help you to excel in the job market and become a leader in your field. Middlesex’s teaching is informed by the needs of industry, so you’ll develop the...more

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