Introduction
Key Information
Duration: 1 year full time
Start date: September 2021
Apply by: 1 August 2021 (international), 1 September 2021 (UK)
Understand the main aspects of quantitative finance – including general finance theory, finance models and programming for graduates with a science, engineering and mathematics background.
Our course builds on Sussex’s strong foundation of interdisciplinary research. You’ll be taught by experts from both the Department of Mathematics and the University of Sussex Business School. The course also draws on expertise from industry professionals, so you’ll gain the knowledge and skills to succeed in the fast-paced world of finance. Topics covered include:
interest-rate theory
arbitrage theory
GARCH models
corporate finance
option pricing models and numerical analysis
programming in C and Java
the use of mathematical computing software.
We’ll make all reasonable efforts to provide you with the courses, services and facilities described in this prospectus. However, we may need to make changes due to significant disruption, for example in response to COVID-19.
Entry Requirements
UK requirements
Degree requirements: You should normally have a lower second-class (2.2) undergraduate honours degree or above.
Subject-specific requirements: Your qualification should have a high mathematics content, demonstrating knowledge in calculus, probability and statistics, differential equations and some numerical analysis/ scientific computation/programming/modelling. You are suited to this course if your qualification is in mathematics, finance, economics, business, science, engineering or computing. You may also be considered for the course if you have other professional qualifications or experience of equivalent standing.
International requirements
English language requirements: IELTS (Academic): Standard level (6.0 overall, including at least 5.5 in each component).
Modules
We’re planning to run these modules in the academic year 2021/22. However, there may be changes to these modules in response to COVID-19, or due to staff availability, student demand or updates to our curriculum. It may not be possible to take some module combinations due to timetabling constraints. We’ll make sure to let our applicants know of material changes to modules at the earliest opportunity.
Core modules
Core modules are taken by all students on the course. They give you a solid grounding in your chosen subject and prepare you to explore the topics that interest you most.
All year
Dissertation (Financial Mathematics)
Autumn teaching
Corporate Finance
Financial computing with MATLAB
Financial Mathematics (L.7)
Spring teaching
Financial and Time Series Econometrics
Financial Portfolio Analysis
Mathematical Models in Finance and Industry
Options
Alongside your core modules, you can choose options to broaden your horizons and tailor your course to your interests. This list gives you a flavour of our options, which are kept under review and may change, for example in response to student feedback or the latest research.
While it’s our aim for students to take their preferred combinations of options, this can’t be guaranteed and will be subject to timetabling. Options may be grouped and if so, students will be able to choose a set number of options from the selection available in any particular group.
Autumn teaching
Advanced Numerical Analysis (L.7)
Cryptography (L.7)
Functional Analysis (L.7)
Introduction to Mathematical Biology
Linear Statistical Models
Measure and Integration (L.7)
Partial Differential Equations
Probability Models
Programming in C++
Topology and Advanced Analysis (L.7)
Spring teaching
Advanced Partial Differential Equations (L.7)
Continuum Mechanics
Dynamical Systems
Financial Invest & Corp Risk Analysis
Finite Element Analysis
Monte Carlo Simulations
Numerical Solution of Partial Differential Equations (L.7)
Optimal Control of Partial Differential Equations (L.7)
Perturbation theory and calculus of variations
Random processes (L.7)
Statistical Inference (L.7)
Fees
Home students: £12,450 per year for full-time students
Channel Islands and Isle of Man students: £12,450 per year for full-time students
International students: £23,000 per year for full-time students
If you’re a self-funded international student, you’re required to pay a tuition fee deposit.
Careers
Our graduates are well prepared for versatile jobs such as:
financial software developer
actuary
investment banker
quantitative analyst.
"The mix of theoretical and practical study, from monetary theory and econometrics to MATLAB and C++ programming, helped me to succeed in finding a job in the financial market.” Ryan Horne, Trading Analyst Services Department, Orc Software
