Mathematical Finance MSc

    Mathematical Finance MSc

    Duration1 year(s)
    Tuition Fee
    GBP 40,422 / Year
    Next IntakeSeptember 1, 2026

    Mathematical Finance MSc

    About

    Course overview

    Open the door to a world of career opportunities with our Mathematical Finance Masters. Focusing on theory, this multidisciplinary programme will help you on your way to a PhD.

    Gain a strong foundation in mathematical models and their applications, alongside sought-after advanced computational and programming techniques. You'll be ready to succeed in a globally growing financial field.

    "The best thing about my course is being able to take modules from different Schools to expand my knowledge. This year I have been able to take modules from both the Business School and the School of Computer Science alongside my Maths modules and I think this has enhanced my understanding of financial mathematics and how it can be applied in the world."

    Shaunagh McSweeney
    MSc Mathematical Finance student

    Talk to our students

    Hear more about studying at Birmingham. Chat to one of our friendly postgraduate students to get their thoughts on our courses, stunning campus and life in a vibrant and cultural city.

    Chat now

    Course structure

    Join our 1 year full-time MSc programme comprising of taught modules during terms 1 and 2 followed by a Summer Dissertation. You'll be assessed using a combination of coursework and end of year examinations for taught modules.

    You will take 60 credits of compulsory/optional modules across various areas of Mathematical Finance. All examinations will take place during the May/June main examination period.

    You'll attend 2 weekly lectures and 1 fortnightly guided study session for each 10 credit module equivalent. There are also regular MSc group tutorial meetings.

    Ask us a question or join our mailing list

    Ask our subject team a question or sign up to our mailing list to stay up to date with our latest events, scholarships and subject news.

    The Mathematical Finance MSc, taught by School of Mathematics and Department of Economics, provides the skills that will enable graduates to apply their quantitative training to financial analysis.

    Requirements

    Entry Requirements

    Holders of a Bachelors degree of four years duration from a recognised university in the Saudi Arabia will be considered for postgraduate study. Holders of Bachelors degree will normally be expected to have achieved a GPA of 3.0/4, 3.75/5 or 75% for 2:1 equivalency or 2.8/4, 3.5/5 or 70% for 2:2 equivalency.

    Applicants for postgraduate research programmes should hold a Bachelors degree and a Masters degree, with a GPA of 3.0/4.0 or 75% from a recognised institution to be considered. Applicants with lower grades than this may be considered on an individual basis.

    English Program Requirements

    If you are an international student, you will need to demonstrate you have a suitable level of English proficiency, usually through the form of an IELTS or equivalent qualification.

    For this course we require IELTS 6.0 with no less than 5.5 in any band, which is equivalent to:

    • TOEFL: 80 overall with no less than 19 in Reading, 19 Listening, 21 Speaking and 19 in Writing
    • Pearson Test of English (PTE): Academic 64 with no less than 59 in all four skills
    • Cambridge English: C1 Advanced - minimum overall score of 169, with no less than 162 in any component
    • LanguageCert ESOL SELT (UKVI): B2 'Communicator' with no less than 25 in each skill

    Career

    Career opportunities

    Our course equips you with state-of-the-art mathematical methods, computational skills, and programming expertise, making you ideal for quantitative positions in financial institutions. Our programme is a great stepping stone for postgraduate research.

    Fee Information

    Tuition Fee
    40,422 / year

    Mathematical Finance MSc

    University of Birmingham

    University of Birmingham

    United Kingdom

    United Kingdom, Birmingham