MSc Mathematical Finance: The University of Manchester

Course description

A challenging combination of rigorous academic study and practical career-oriented skills, this course is ideal for students wanting both knowledge of the main theoretical and applied concepts of finance and the mathematical methods needed to value innovative financial instruments.

The MSc Mathematical Finance is designed to produce well-rounded graduates equally suited to life in the financial world or in academia. It is particularly relevant to people working in, or planning to specialise in, derivative securities, investment, risk management or hedge funds, while also providing the necessary skills for subsequent doctoral work.

School of Mathematics and Manchester Business School work together to give you advanced knowledge and understanding of finance at a mathematical level.  Using current issues as a stimulus to teaching and learning, the course is delivered through lectures, case studies, seminars and group project-based work.

You gain an international perspective from working alongside staff and students from many different countries, and also have the opportunity to network through the School's alumni group.

Career opportunities

The finance industry demands recruits with strong quantitative skills and this course is intended to prepare you for careers in the area. The course provides training for those who seek a career specialising in derivative securities, investment, risk management and hedge funds. It also provides research skills for those who wish to subsequently pursue an academic career at doctoral level, particularly those wishing to pursue further and advanced studies in mathematical finance.

Admissions and entry requirements

Normally look for an Upper Second Class Honours degree, or the overseas equivalent, in Mathematics, Physics, Engineering or a subject with substantial mathematical content, is normally expected. Exceptional candidates with degrees in other disciplines will also be considered.

Students whose first language is not English require a minimum IELTS score of 7.0, TOEFL 623 paper-based or 263 computer-based, or CPE Grade C.