MSc in Financial Mathematics, Loughborough University

Loughborough,

12 Months

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About this course

The Financial Mathematics MSc at Loughborough is designed to equip you with advanced mathematical skills, computational techniques, and financial knowledge. It covers core areas like stochastic analysis, measure theory, and mathematical applications in finance, preparing you for roles in investment banking, hedge funds, and insurance companies. The programme includes a 14-week individual project that allows you to connect with cutting-edge research and industry practices, supervised by departmental experts. Being based in a modern, well-resourced department, you will have access to dedicated labs, state-of-the-art facilities, and support centres to aid your learning process. The course is ideal whether you're aiming for a research career in areas like stochastic analysis or seeking to enter the quantitative finance sector.

Why this course is highly recommended

This MSc is highly suitable for students who want to develop strong quantitative skills aligned with industry demands. The course's rigorous focus on mathematics and finance, combined with its research-backed modules, makes graduates highly attractive to employers such as banks, hedge funds, and insurance firms. With a comprehensive project and access to specialist resources, you'll gain the skills necessary for entry into a variety of analytical roles or further research, especially in stochastic analysis or financial mathematics.

Specialisation

The programme focuses on mathematical applications in finance, with core modules in stochastic analysis, measure theory, and financial models. Optional modules expand your expertise into areas like macroeconomic analysis, econometrics, functional analysis, asset management, and financial economics, allowing you to tailor your learning to your interests and career goals. The coursework strongly emphasizes the practical application of mathematical theories in finance, ensuring you're industry-ready.

Course fees

Application fees

1st year tuition fees

31.62L

Living cost

Degree requirements

Applicants need a 2:1 honours degree or equivalent in Mathematics, Engineering, or Science with high mathematical content, where at least 50% of modules are mathematically related. The entry criteria vary by country, with specific grade or percentage thresholds detailed for each region.

English language test

TOEFL

PTE

DUOLINGO

120

IELTS

6.5

Career prospects

Graduates of this MSc typically find employment in the finance sector, including investment banking, hedge funds, insurance companies, and large corporate finance departments. The programme also serves as a strong foundation for future research in stochastic analysis, probability, and mathematical finance, with former students pursuing careers or further study in research roles or PhDs.

FAQs

What is the duration of the course?

The full-time MSc program lasts for one year, starting in October 2025.

Are there scholarships available?

Yes, scholarships and bursaries such as the Loughborough Alumni Bursary and Excellence Scholarship are offered, which can provide up to 20% off tuition fees.