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Different course options

Full time | Edgbaston Campus | 1 year | SEP

Study mode

Full time


1 year

Start date


Key information

Qualification type

MSc - Master of Science

Subject areas

Finance / Accounting (General) Financial Modelling

Course type


Course Summary

This programme, taught jointly by the School of Mathematics and the Department of Economics, provides the skills that will enable technically able graduates (including in mathematics, science and engineering) to apply their quantitative training to financial analysis. A collaboration with Advanced Risk and Portfolio Management (ARPM) allows MSc students to attend ARPM’s prestigious summer ARPM Bootcamp at a discount. Attending this class also gives an access to the ARPM Lab, an online platform that contains an extensive body of knowledge for quantitative risk management and quantitative portfolio management. Successful completion of it exempts students from our Risk Analytics module. In most cases, we expect that graduates from the Masters will take positions in quantitative analysis (or similar) in major financial institutions, such as in the City. The programme also prepares you to pursue further studies in academia. Graduates from this MSc programme will be well prepared to compete for quantitatively demanding positions in financial institutions. The degree should also prepare them for postgraduate research, either for purely academic ends or to further qualify them for work in financial institution.


Financial derivatives will be examined using a continuous-time approach, examining the relevant partial differential equations and boundary conditions in a number of different problems. The solution method will also be examined, using a mix of analytical and computational methods.
Dissertation (40 Credits) - Core

Tuition fees

UK fees
Course fees for UK / EU students

For this course (per year)


Average for all Postgrad courses (per year)


International fees
Course fees for non-UK / EU students

For this course (per year)


Average for all Postgrad courses (per year)


Entry requirements

Students should have a good Honours first degree (or overseas equivalent) in Mathematics or a related numerate subject such as Physics or Engineering, or an appropriate Joint Honours degree in industrial mathematics.

University information

Part of the Russell Group of UK universities, the University of Birmingham has been developing great minds, encouraging challenging debates and pushing the boundaries of innovation and excellence for over 100 years. Over 14,000 students from over 150 countries choose to study at Birmingham, meaning you will be part of a diverse and vibrant community. 40% of this student population are postgraduates. Birmingham understands that you want to...more