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Financial Mathematics MSc

Key information

Qualification type

MSc - Master of Science

Subject areas

Mathematics For Specific Applications Financial Modelling

Course type


Course Summary

This programme develops rigorous understanding of mathematical and economic modelling and practical application, relevant to the finance industry. You have access to our Bloomberg Finance Lab, a leading industry facility which offers you real time data and news; Mathematica software, used by financial and banking industries, and the opportunity to study with Bentley University, Boston. You study with international academics and researchers from both Universities and international academics from our Business School. You further benefit from knowledge delivered from the Institute of Pure and Applied Mathematics. You are welcome to attend events and seminars across the university whist you study either full time or part time on campus.

Courses include: Discreet Time Models, Economic Theory for Finance, Econometric Theory and Data Analysis for Finance, Mathematics for Finance, Continuous Time Models, Time Series, Economics of Financial Markets, Real Options and Decision Making, Portfolio Analysis, Empirical Methods in Financial Research and your dissertation. Upon graduating you have options to study further towards a PhD in the UK or USA or work in financial services, banks, insurance companies, wealth management and brokerage firms, science or marketing analysis.

  • You are taught be well connected international researchers and teaching experts and you use leading facilities including a Bloomberg Finance Lab.
  • You study at Aberdeen in a partnership between University of Aberdeen and Bentley University, Boston
  • You learn within the Department for Natural and Computing Sciences, home to the £11.8m dot. Rural Digital Economy Research Hub. Research comes from the Institute of Pure and Applied Mathematics
  • The Business School offers you a top 3, UK ranked research portfolio for Business and Management Impact (REF and Times Higher Education 2014).
  • Bentley University offers you the ranking of 3rd most innovative School (Regional Universities- North USA).

You are taught in the School of Natural and Computing Sciences, in the Institute of Pure and Applied Mathematics. Research is multidisciplinary across Algebra, Algebraic Geometry, Mathematical Physics, Applied Topology, Geometry and Topology and Tropical Geometry.

The University of Aberdeen and Kings College is the 5th oldest university in the UK. It was founded by Bishop William Elphinstone in 1495. It is “Open to all and dedicated to the pursuit of truth in the service of others.” It provides progressive, innovative research. Many of its subjects continue to progress societal, economic and new innovations to this day. Initially aligned to the university models of Paris and Bologna, this progressive vision continues to attract international research staff and international academics. The stunning contemporary blue glass Sir Duncan Rice library offers you panoramic views over the city, beach and beyond and excellent study facilities.

Old Aberdeen is a heritage tourism attraction in the cosmopolitan city of Aberdeen. Aberdeen is one of the leading world energy hubs with over 900 related companies located in the city and over 20 FTSE companies many of whom are internationally recognised brands. The city is compact and architecturally very interesting due to its European trading past and silver granite opulence. It offers four shopping centres, restaurants for all tastes and budgets, museums, galleries, a beach, walks and plenty to do.

Different course options

Full time | University of Aberdeen | 12 months | SEP-20

Study mode

Full time


12 months

Start date



There is an interest in raising the level of understanding of mathematics in the financial sector. This course is a part of the new MSc programme in Financial Mathematics and provides students with the theoretical and practical skills related to discrete time models of financial markets.
Empirical Methods in Financial Research - Optional
Economics of Financial Markets - Optional
Real Options & Decision Making - Optional
Portfolio Analysis - Optional

Tuition fees

UK fees
Course fees for UK / EU students

Please contact university and ask about this fee

Average for all Postgrad courses (per year)


International fees
Course fees for non-UK / EU students

Please contact university and ask about this fee

Average for all Postgrad courses (per year)


Entry requirements

Find out more about entry requirements on programme page View English Language Requirements on the programme page