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Universities United Kingdom King's College London Courses Financial Mathematics MSc

Financial Mathematics MSc

King's College London

London, United Kingdom

Tuition Fee £ 31,350
Country Rank#7
Duration12 Months
Score IELTS: 6.5

Program Overview

Financial Mathematics studies problems of financial decision by combining various techniques from pure and applied mathematics. This course covers a diverse range of topics, from classical options pricing theory to post-crisis financial mathematics on optimal hedging, investment and risk management.

Like any branch of applied mathematics, financial mathematics analyses a given problem by first building a mathematical model for it and then examining the model. Both steps require detailed knowledge in different areas of mathematics, including probability, statistics, optimisation, computer science and many more traditional fields of mathematics.

Our Financial Mathematics MSc is a unique course that encompasses the essential skills required for successful risk management, trading and research in quantitative finance: probability, statistics, optimisation, computing and financial markets.

You will explore probability theories, risk neutral valuation, stochastic analysis, numerical methods, as well as interest rate and credit risk modules. We are members of the University of London and by arrangement, you can enrol in optional modules at other institutions within the University of London. We also offer you the opportunity to study an additional zero-credit supportive module called mathematical analysis for financial mathematics.

You must take modules totalling 180 credits to complete the course, and you will complete the course in one year, from September to September.

Course Content
Structure

Required modules
- Probability Theory (15 credits)
- Risk Neutral Valuation (15 credits)
- MSc Financial Mathematics Project (60 credits)
Entry Requirement
Standard requirements
A minimum High 2:1 undergraduate degree with a final mark of at least 65% or above.

If you have a lower degree classification, or a degree in an unrelated subject, your application may be considered if you can demonstrate significant relevant work experience, or offer a related graduate qualification (such as a Masters or PGDip).

Other requirements
Bachelor’s degree with a minimum High 2:1 honours degree with a final mark of at least 65% or above in mathematics or mathematics based subject.

Applicants would need to demonstrate previous study of Further Mathematics and Pure Mathematics.

In order to meet the academic entry requirements for this programme you should have a minimum High 2:1 undergraduate degree with a final mark of at least 65% or above in the UK marking scheme. If you are still studying you should be achieving an average of at least 65% or above in the UK marking scheme.
Fees & Scholarships
UK:
Full time: £11,040 per year (2022/23)

International:
Full time: £32,940 per year (2022/23)
Career Prospect
Our graduates are highly sought after by investment banks, corporate risk management units, insurance companies, fund management institutions, financial regulatory bodies, brokerage firms, and trading companies. Recent employers of our graduates include Capital Investment, Credit Suisse, European Bank for Reconstruction & Development, Fitch Ratings, HSBC and Morgan & Stanley. Some graduates have chosen to pursue postgraduate research degrees (PhDs) in Financial Mathematics at world-renowned universities.

Cost Of Studying At King's College London

Interest rates as low as 8.9% ^*

250K+

Students Assisted

800Cr+

Loan Amount Disbursed

5000+

Loans Sanctioned

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