MSc in
MSc Mathematical Finance
The University of Manchester
Key Information
Campus location
Manchester, United Kingdom
Languages
English
Study format
On-Campus
Duration
12 months
Pace
Full time
Tuition fees
GBP 14,000 / per year *
Application deadline
Request info
Earliest start date
Sep 2023
* UK students. International, including EU, students per annum: £25,500
Scholarships
Introduction
Course description
The Department of Mathematics and Alliance Manchester Business School at the University of Manchester have combined their academic strength and practical expertise to deliver the MSc in Mathematical Finance (UK 1 year), ensuring that students can experience both the mathematical and economic perspective of the subject.
The course provides students with advanced knowledge and understanding of the main theoretical and applied concepts in Mathematical Finance delivered from a genuinely international and multi-cultural perspective with current issues approach to teaching. The focus is on mathematical theory and modelling, drawing from the disciplines of probability theory, scientific computing and partial differential equations to derive relations between asset prices and interest rates, and to develop models for pricing, risk management and financial product development.
The finance industry demands recruits with strong quantitative skills and the course is intended to prepare students for careers in this area. The course provides training for those who seek a career in the finance industry specialising in derivative securities, investment, risk management and hedge funds. It also provides research skills for those who subsequently wish to pursue research and/or an academic career (e.g. university lecturer) or continue the study at the doctoral level, particularly those wishing to pursue further/advanced studies in Mathematical Finance.