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The MSc Mathematical Finance targets students who want to pursue further and advanced studies in mathematical finance, especially the mathematical methods required to value innovative financial instruments, and it is of particular relevance to those working in, or planning to specialise in derivative securities, investment, risk management and hedge funds. The course combines the academic strength and practical expertise of both Manchester Business School and The University of Manchester’s School of Mathematics.

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Length

12 months full-time

Start dates

September

Application Deadline

Applications are considered from October. Admission is on a rolling basis (prospective students are advised to apply as early as possible).

Teaching Language

English

Exams Required

For non-English speakers:
IELTS 7 (each element 6 or above)
TOEFL 623 paper-based, 100 internet-based
CPE grade C

Other Requirements

Upper 2:1 honours (65% or above) or overseas equivalent in a related discipline, with excellent results in maths and quantitative subjects.

Application form

Apply online at: www.manchester.ac.uk/postgraduate/howtoapply/

Course content

Course structure

Semester 1
- Derivative Securities
- Foundations of Finance Theory
- Martingales with Applications to Finance
- Stochastic Calculus

Semester 2
- Brownian Motion
- Computational Finance*
- Financial Econometrics
- Stochastic Modelling in Finance

* There is a pre-course training session for
students who have not previously studied
C++ programming

Dissertation

Intake per year

n/a

Application/vacancy ratio

n/a

Number of nationalities

n/a

Average age

Percent male

Percent female

Tuition fees

£17,150

Scholarships

n/a

Financing contacts

n/a

Department

Manchester Business School

Telephone

+ 44 (0) 161 306 1339

Email

pg@mbs.ac.uk

Homepage

www.mbs.ac.uk/specialist/courses.asp