Master of Science [M.Sc] (Mathematical Finance)
STEM Course
1 year
Full Time
On Campus
£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.
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Important Dates
Applications are accepted on for come first serve basis until course if full.
Tuition Fees
Year | 1st Year Fees |
---|---|
Tuition Fees | £25500 (GBP 25500) |
Other Expenses
Head | Avg Cost Per Year |
---|---|
Housing | £6960 (GBP 6960) |
Food | £1967 (GBP 1967) |
Total Cost | £8927 (GBP 8927) |
Previous Year Tuition Fees
Year | 1st 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
3 / 4
Minimum gpa
GPA
Course Guides
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Scholarship Grants & Financial Aids
Name | Scholarship Per Student | Level of Study | Type | |
---|---|---|---|---|
GREAT Scholarship | Scholarship per student£ 12,499/Yr$12,499 | Level Of StudyMaster | TypeCollege-Specific | |
Forktip Women’s- Innovation Scholarship | Scholarship per studentVariable Amount | Level Of StudyBachelor | TypeCollege-Specific | |
Paul Foundation scholarships | Scholarship per student£ 20,174/Yr$20,174 | Level Of StudyDiploma | TypeMerit-Based | |
Goa Education Trust Scholarships | Scholarship per studentVariable Amount | Level Of StudyMaster | TypeMerit-Based | |
Debesh Kamal Scholarship | Scholarship per student£ 1,385/Yr$1,385 | Level Of StudyBachelor | TypeMerit-Based | |
India Postgraduate Taught Master’s Scholarship | Scholarship per student£ 3,555/Yr$3,555 | Level Of StudyMaster | TypeCollege-Specific |
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