M.Sc Mathematics and Finance at Imperial College London, London Fees, Entry Requirement & Application Deadline

Master of Science [M.Sc] [Mathematics and Finance] From Imperial College London

London, EnglandLocation
UniversitySchool type
Estd1907established year
16425enrollment
Public
Partner [1 Courses]
7.9/10

Master of Science [M.Sc] (Mathematics and Finance)

1 year
Full Time
On Campus

Field of Study

£38,600/Yr

£38,600 /Yr
  • Master of Science in Mathematics and Finance at Imperial College London is a 1-year program.
  • It is an on-campus, 90 credits program offered on a full-time basis.
  • This program is also offered on a part-time basis for a duration of 2 years.
  • Mathematical finance is a subject that is both mathematically challenging and deployed every day by sophisticated practitioners in the financial markets.
  • Scientific computing (object-orientated programming in C++) is an integral part of the program.
  • The core modules of the program are:
    • Computing in C++
    • Interest Rate Models with Credit Risk, Collateral, Funding Liquidity Risk and Multiple Curves
    • Fundamentals of Option Pricing
    • Quantitative Risk Management
    • Simulation Methods for Finance
    • Statistical Methods in Finance
    • Stochastic Processes
  • Students study 4 core modules in the autumn term and 3 core modules in the spring term.
  • The 5 optional modules are taken alongside this in either, or both, of the autumn and spring terms.
  • Students have to submit coursework throughout the two terms and sit their exam in January and April/May.
  • The supervised research project takes place over the summer when modules have been completed.
  • Students work with an academic supervisor and sponsor to scope out the project at the start and submit the project in September.
  • Part-time students take the core modules in the autumn and spring terms of year one and two. 

Tuition Fees

Year1st Year Fees
Tuition Fees£38600 (GBP 38600)

Other Expenses

HeadAvg Cost Per Year
Housing£12524 (GBP 12524)
Food£4193 (GBP 4193)
Total Cost£16717 (GBP 16717)

Previous Year Tuition Fees

Year1st Year Fees
2022£35700 (GBP 35700)
2021£47950 (GBP 47950)

Eligibility & Entry Requirement

Academic Eligibility:

  • Students must have a 2.1 degree in mathematics, applied mathematics, or physics from a recognized university.
  • Students must be qualified in IELTS or TOEFL and PTE to get admission in this program.

Indian Student Eligibility:

Indian students are eligible to apply if they complete one of the following eligibility criteria:

  • Students should have completed a 3-4 year bachelor's degree from a mainstream university (state/federal or deemed institution) passed with the required grades.
  • Students for research should hold a 3 to 4-year bachelor's degree and master's degree, both passed with required grades.
  • Applicants from elite institutions will be required to obtain a minimum overall average of 7 / 10 or 60%. These are the college minimum scores and particular departments may seek grades at a higher level.
  • Applicants from other approved institutions will be required to obtain a minimum overall average ranging from 7.5-8 / 10 or 65-70%.

Scores Required

92 / 120

Avg. Score in

TOEFL

6.5 / 9

Avg. Score in

IELTS

62 / 90

Avg. Score in

PTE

314 / 340

Avg. Score in

GRE updated


Required Document List

The Documents required are:

  • Resume/CV - This provides a summary of a student's experience and skills.
  • Higher Secondary School Certificate - The certificate provided by the education board after completion of the Higher secondary education.
  • Statement of marks - The marks statement provided by the education board.
  • Financial Documentation - The Proof that shows the financial background of the student.
  • Letter of Recommendation - This shows who recommended the student to pursue the degree.
  • Statement of Purpose - This is an essay or any written statement written by the student while applying.
  • English Language Requirement - This shows the test score of English Proficiency Exams such as IELTS, TOFEL, PTE, etc.

Career and Placement after Course

The possible career opportunities for students are:

  • Accountancy & Professional Service
  • The Actuarial Profession
  • Banking - Investment Banking
  • Banking - Retail Banking, etc.

Scholarship Grants & Financial Aids

NameScholarship Per StudentLevel of StudyType
Imperial College Scholarship 50% Tuition Fee WaiverScholarship per studentVariable AmountLevel Of StudyMasterTypeCollege-Specific
Brilliant Minds MBA ScholarshipScholarship per student£ 57,990/Yr$57,990Level Of StudyMasterTypeCollege-Specific
1st Formations Business ScholarshipScholarship per student£ 800/Yr$800Level Of StudyBachelorTypeMerit-Based
Commonwealth Master’s ScholarshipScholarship per studentVariable AmountLevel Of StudyMasterTypeMerit-Based
(ISC)² Women’s Cybersecurity ScholarshipsScholarship per studentVariable AmountLevel Of StudyBachelorTypeMerit-Based
Collegedunia $150 Scholarship ProgramScholarship per student£ 150/Yr$150Level Of StudyBachelorTypeMerit-Based


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