MSc in Mathematical Finance with Professional Placement, University of Exeter

Exeter,

24 Months

Check Eligibility

About this course

The MSc Mathematical Finance at the University of Exeter offers a comprehensive foundation in financial and mathematical theory, designed for those with or without prior specialist education in these areas. The programme combines financial expertise from the University of Exeter Business School with advanced mathematical skills from the Mathematics department. Students learn essential topics such as probability, stochastic analysis, option pricing, risk analysis, computational methods, financial management, and investment analysis. The course emphasizes practical applications through case studies based on current issues in the financial industry. A significant feature is the opportunity to undertake a project in a chosen field, enhancing research, computational, and modelling skills. There is also an optional placement year to gain real-world experience, making students more employable in the financial sector.

Why this course is highly recommended

This course is ideal for students seeking a solid grounding in financial mathematics, even without prior experience in the field. Its blend of theoretical knowledge and practical skills, along with opportunities for industry placement, enhances employability in finance, risk analysis, and related sectors. The course is also supported by experienced staff involved in cutting-edge research and practice, ensuring a high-quality, relevant learning experience.

Specialisation

The programme specializes in mathematical finance, blending core financial concepts with rigorous mathematical techniques. It provides tailored modules focusing on areas like option pricing, risk management, and financial economics, supported by practical case studies and projects specific to the industry. The optional placement allows further specialization through real-world experience in the financial services and insurance industries.

Course fees

Application fees

1st year tuition fees

30.72L

Living cost

Degree requirements

Applicants should hold a good undergraduate degree, normally a 2:2 classification. International students need to demonstrate they meet the English language requirements, specifically the Profile B2 standard, with scores specified on the university’s English language requirements page.

English language test

DUOLINGO

120

IELTS

6.5

TOEFL

PTE

Career prospects

Graduates from this programme are well-prepared for careers in finance, risk management, investment analysis, and financial consulting. The programme’s focus on practical skills and industry projects makes students competitive for roles in financial institutions, insurance companies, and consulting firms. The strong industry links and optional placement year further bolster employment prospects.

FAQs

Can students without a background in mathematics or finance apply?

Yes, the programme is designed as a conversion course, offering a solid foundation for those without prior specialist knowledge.

Is there an option for industry placement?

Yes, students can opt for a placement year which provides practical industry experience.