MSc Mathematical Trading and Finance

at Bayes Business School

What will you learn

• You will have learned a good understanding of the technical aspects used in financial
• markets, starting from the financial theory, looking at different financial instruments and showing various applications of the theoretical concepts.
• You will gain a good understanding of stochastic modelling, mathematical finance and econometrics as well as programming.
• You will also obtain a very good understanding of different financial assets, in particular derivatives, and how they can be used in different context, such as risk management, asset management or structuring.
• The MSc Mathematical Trading and Finance programme will also help you to understand the financial theory used in financial markets with an emphasis on practical applications.
• You will have three different possibilities to complete your degree in the third term, including writing a dissertation or an applied project , or you can also opt to get all the credits through taught electives.

• A UK upper second class degree or above, or the equivalent from an overseas institution.
• Your academic background should be in a highly quantitative subject such as mathematics, physics, engineering, economics or computer science and having covered areas such as statistics, linear algebra and calculus.
• Work experience is not a requirement for this course.

English Language Requirements

• A UK upper second class degree or above, or the equivalent from an overseas institution, in a highly quantitative programme such as mathematics or statistics is required to enter this course
• Work experience is not a requirement of this course.
• If you have been studying in the UK for the last three years it is unlikely that you will have to take the IELTS test
• If you have studied a 2+2 degree with just two years in the UK you will be required to provide IELTS results and possibly to resit the tests to meet our requirements.

IELTS

The required IELTS level is an average of 7.0 with a minimum of 6.5 in the writing section and no less than 6.0 in any other section.

UK/EU/International
£29,500
Tuition fees are subject to annual change

Fees in each subsequent year of study (where applicable) will be subject to an annual increase of 2%. We will confirm any change to the annual tuition fee to you in writing prior to you commencing each subsequent year of study (where applicable).

Deposit: £2,000 (usually paid within 1 month of receiving offer and non-refundable unless conditions of offer are not met)

The job opportunities for students from the three quants master's programmes are very similar. They usually find employment with large investment banks, but also some smaller boutique finance firms, hedge funds or other specialist companies.

Working as quantitative analysts, in risk management, on fixed income security desks or in the asset management industry including hedge funds are typical jobs for students from the MSc Mathematical Trading and Finance degree.