MSc Mathematical Finance

What we’re looking for

Our MSc Mathematical Finance is a highly specialised and technical programme. To succeed on this course, you will need strong ability in Mathematics and Finance, and some experience in Statistics or Econometrics, typically evidenced by a 2.1 or first in BSc Financial Mathematics (or similar), BSc Mathematics, BSc Statistics or BSc Physics. A clear emphasis in your choice of undergraduate electives on the aforementioned areas will strengthen your application.  

When assessing your academic record, we take into account your grade average, and the position of the institution where you studied your qualification.

You must have, or be expecting to obtain, at least a high 2.1 degree at Undergraduate level from a UK university, or overseas equivalent from a top-performing University.

While you will, throughout the course, develop all necessary advanced skills, confident foundations in mathematics (in particular sound knowledge of Probability Theory, Linear Algebra and Differential Calculus) are necessary to build on.

Given the fast pace of the course, it is strongly recommended that you undertake preliminary reading before the start of the course if you have little or no background in areas such as Measure-Theoretic Probability, Statistics, and Financial Economics. Before you join the course, we will make reading recommendations and other materials available via our dedicated pre-arrival pages.

Entry requirements

  • 2.1 or first in BSc Financial Mathematics (or similar), BSc Mathematics or BSc Statistics
  • We do not require a GMAT or GRE score but a well-balanced score (700+) may strengthen your application. On the GMAT Focus Edition this equates to a score of 645 or in the 86th percentile.

English language requirements

If English is not your first language, you must meet a minimum overall standard in a recognised test of English, examples are shown below. You must show a good balance across all sections of the test and it must have been taken within two years of starting the course. We will require your certificates as evidence. 

IELTS (Academic) 
7.0

All four languages elements have to be scored 6.0+, with maximum of two language components at lowest level 6.0 or 6.5. Applicant must be a resident of a country in which the test is offered, more information available here. 

CPE 
190 overall

2 x 170, 2 x 190

CAE
190 overall

2 x 170, 2 x 190

TOEFL 
100

Minimum language components L21, R22, W21, S23

 

Trinity ISE III 
Merit, Merit, Pass, Pass in four components 

 

Trinity ISE IV 
Pass, Pass, Pass, Pass in four components 

 

Educated in the English language?

If you are a non-native speaker of English but have been educated entirely in English for your degree, and completed this within the last two years, this may satisfy the University of your language skills. 

More details on English Language Requirements 

Further course requirements

We advise that you will need a personal computing device for your MSc year.

The latest specification guidance is available on the University's website.