M.Sc Mathematical Finance at The University Of Manchester, Manchester Fees, Entry Requirement & Application Deadline

Master of Science [M.Sc] [Mathematical Finance] From The University of Manchester

Manchester, EnglandLocation
UniversitySchool type
Estd1824established year
40490enrollment
Public
7.1/10

Master of Science [M.Sc] (Mathematical Finance)

1 year
Full Time
On Campus

Field of Study

£25,500/Yr

£25,500 /Yr
  • The Department of Mathematics and Alliance Manchester Business School at the University of Manchester have combined their academic strength and practical expertise to deliver the MSc in Mathematical Finance (UK 1 year), ensuring that students can experience both the mathematical and economic perspective of the subject.
  • The course provides students with advanced knowledge and understanding of the main theoretical and applied concepts in Mathematical Finance delivered from a genuinely international and multi-cultural perspective with a current issues approach to teaching.

Important Dates

Applications are accepted on for come first serve basis until course if full.


Tuition Fees

Year1st Year Fees
Tuition Fees£25500 (GBP 25500)

Other Expenses

HeadAvg Cost Per Year
Housing£6960 (GBP 6960)
Food£1967 (GBP 1967)
Total Cost£8927 (GBP 8927)

Previous Year Tuition Fees

Year1st Year Fees
2022£25500 (GBP 25500)
2021£33601 (GBP 33601)

Eligibility & Entry Requirement

Academic Eligibility:

  • A good background in Probability Theory is essential; for example two courses in Probability, Probability 1 and Probability 2.
  • Knowledge of Statistics is highly desirable, for example Introduction to Statistics. More advanced courses in Probability are highly desirable, for example Foundations of Modern Probability.
  • Knowledge of measure-theoretical Probability and/or measure theory is desirable as well. An introduction to Markov processes is desirable but not essential, for example Random models or Markov processes, but not essential.
  • Knowledge of real analysis is essential and of complex analysis is desirable, for example Real and Complex Analysis.
  • Knowledge of basic calculus, for example Calculus and Vectors A, and ordinary differential equations is essential, Calculus and Applications A.
  • Knowledge of partial differential equations is highly desirable, for example Partial Differential Equations and Vector Calculus A.
  • Knowledge of solving partial differential equations numerically is desirable but not essential.
  • Although there is no formal requirement for previous programming experience, a familiarity with writing computer programs (for example, in Python, MATLAB, C/C++ or Java) is desirable.

Indian Student Eligibility:

Applicants must have:

  • A good background in Probability Theory is essential; for example two courses in Probability, Probability 1 and Probability 2.
  • Knowledge of Statistics is highly desirable, for example Introduction to Statistics. More advanced courses in Probability are highly desirable, for example Foundations of Modern Probability.
  • Knowledge of measure-theoretical Probability and/or measure theory is desirable as well. An introduction to Markov processes is desirable but not essential, for example Random models or Markov processes, but not essential.
  • Knowledge of real analysis is essential and of complex analysis is desirable, for example Real and Complex Analysis.
  • Knowledge of basic calculus, for example Calculus and Vectors A, and ordinary differential equations is essential, Calculus and Applications A.
  • Knowledge of partial differential equations is highly desirable, for example Partial Differential Equations and Vector Calculus A.
  • Knowledge of solving partial differential equations numerically is desirable but not essential.
  • Although there is no formal requirement for previous programming experience, a familiarity with writing computer programs (for example, in Python, MATLAB, C/C++ or Java) is desirable.

Along with the minimum eligibility requirements, international students hailing from non-English speaking countries need to prove English proficiency through IELTS/TOEFL/any equivalent test.


Scores Required

6.5 / 9

Avg. Score in

IELTS

100 / 120

Avg. Score in

TOEFL

298 / 340

Avg. Score in

GRE updated

60 / 90

Avg. Score in

PTE

3 / 4

Minimum gpa

GPA

Scholarship Grants & Financial Aids

NameScholarship Per StudentLevel of StudyType
GREAT ScholarshipScholarship per student£ 12,499/Yr$12,499Level Of StudyMasterTypeCollege-Specific
Forktip Women’s- Innovation ScholarshipScholarship per studentVariable AmountLevel Of StudyBachelorTypeCollege-Specific
Paul Foundation scholarshipsScholarship per student£ 20,174/Yr$20,174Level Of StudyDiplomaTypeMerit-Based
Goa Education Trust ScholarshipsScholarship per studentVariable AmountLevel Of StudyMasterTypeMerit-Based
Debesh Kamal ScholarshipScholarship per student£ 1,385/Yr$1,385Level Of StudyBachelorTypeMerit-Based
India Postgraduate Taught Master’s ScholarshipScholarship per student£ 3,555/Yr$3,555Level Of StudyMasterTypeCollege-Specific


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