Manchester,
United Kingdom
Type
Public
Degrees offered
Bachelor's Degree
MSc Mathematical Finance in Manchester United Kingdom | The University of Manchester
The University of Manchester
|
Manchester United Kingdom
Visit institution website
for more information
Qualification
Masters Degree (Taught)
Languages
English
Delivery Mode
On-Campus
Tuition (2025)
GBP
33,000
(c. USD44,193.93)
Attendance
Full-time
Full-time Duration
12 months
Program overview The Mathematics Department and Alliance Manchester Business School at the University of Manchester have joined forces to offer the MSc in Mathematical Finance (1-year UK program), blending academic rigor with practical knowledge to give students comprehensive exposure to both mathematical and economic aspects of the field. This program equips students with in-depth expertise in core theoretical and applied concepts in Mathematical Finance, presented through an international, multicultural lens with contemporary case studies. Emphasis is placed on mathematical theory and modeling, utilizing probability theory, computational methods, and differential equations to establish connections between asset values and interest rates, while creating frameworks for valuation, risk assessment, and financial innovation. With the finance sector increasingly requiring professionals with robust quantitative abilities, this program specifically prepares graduates for quantitative finance careers. It offers specialized training for roles focusing on derivatives, investments, risk analysis, and hedge funds, while also developing research capabilities for those pursuing academic paths (such as lecturing positions) or doctoral studies, particularly for students aiming to advance their knowledge in Mathematical Finance.
Destination of Study
Subjects of Study
Language Requirements
English
IELTS 6.5
Qualification Requirements
Formal entry requirements are listed here but since applicants come from many different backgrounds, it will be useful to consider yourself whether you feel as if you have the right background for the course. Some general expectations are listed below, with references to existing courses on that material in Manchester. It should hopefully give you a feel for the course and what is expected of the incoming student. We would only consider a few of these courses as absolutely essential, but some additional background is desirable and will certainly assist you greatly for course preparation. If in doubt then please contact us. A good background in Probability Theory is essential; for example two courses in Probability, Probability 1 and Probability 2. Knowledge of Statistics is highly desirable, for example Introduction to Statistics. More advanced courses in Probability are highly desirable, for example Foundations of Modern Probability. Knowledge of measure-theoretical Probability and/or measure theory is desirable as well. All applicants will need to demonstrate competency in English language. Applicants who do not already possess an acceptable English Language qualification will need to take a recognised test and attain the required English Language score: IELTS: at least 6.5 overall with 6.5 in writing and no other sub-test less than 6.0. TOFEL iBT: at least 90 overall with 22 or above in writing and no other sub-test less than 20. We do not accept 'MyBestScore'. Pearson PTE: 70 overall with 70 in writing and no sub-test below 65.
Tuition
GBP
33,000