Program Overview
The Financial Mathematics at The University of Exeter is a MSc programme in Mathematics & Statistics over 12 months, delivered On-campus. This programme equips graduates with advanced knowledge and practical skills for professional and academic careers in the field.
Students gain a rigorous grounding in both the theoretical foundations and applied dimensions of mathematics & statistics. The programme combines coursework, research components, and practical projects that develop critical thinking, problem-solving, and specialist expertise relevant to industry and research needs.
Graduates of the Financial Mathematics programme are well-prepared for careers in academia, industry, government, and the private sector across United Kingdom and internationally. The programme provides an internationally recognised qualification within the Bologna higher education framework.
Key Program Features
- Duration: 12 months
- Language of instruction: English
- Study mode: On-campus
- English requirement: IELTS 6.5
- Tuition: GBP 19,950 (Tuition (Year)) — International students; GBP 12,700 (Tuition (Year)) — EU/EEA students
- Location: Exeter, United Kingdom
Career Opportunities
Graduates of the Financial Mathematics programme are prepared for diverse careers in mathematics & statistics:
- Actuary
- Quantitative Analyst
- Data Analyst
- Risk Manager
- Financial Modeller
- Statistical Researcher
Program Curriculum
Course Structure
- Methods for Stochastics and Finance
- Analysis and Computation for Finance
- Mathematical Theory of Option Pricing
- Fundamentals of Financial Management
- Research Methodology
- Advanced Mathematics Project
Admission Requirements
Academic Requirements
You need the following GPA score:
Applicants for graduate programs must have the equivalent of a bachelor’s degree with a minimum GPA equivalent to Upper Second Class on the UK Honour scale. Admitted applicants typically have an undergraduate GPA of or better on the UK Honour scale. No exam grade should be lower than 4.5 (European grade scale) or D (American grade scale).
Your GPA (Grade Point Average) is calculated using the grades that you received in each course, and is determined by the points assigned to each grade (e.g. for the US grading scale from A-F).
Normally a 2:1 Honours degree or equivalent in a mathematics, science or engineering subject, with significant mathematics content.
English language requirements
- IELTS (Academic)
Overall score 6.5. No less than 6.0 in any section.
- TOEFL IBT*
Overall score 90 with minimum scores of 21 for writing, 21 for listening, 22 for reading and 23 for speaking.
- Pearson Test of English (Academic)
58 with no less than 55 in all communicative skills.
English Proficiency: IELTS 6.5 or equivalent.
Tuition & Financial Information
Tuition Fee
GBP 19,950 (Tuition (Year)) — International students; GBP 12,700 (Tuition (Year)) — EU/EEA students
Tuition fees: GBP 19,950 (Tuition (Year)) — International students; GBP 12,700 (Tuition (Year)) — EU/EEA students
IELTS requirement: 6.5
Financial Aid & Scholarships
Contact The University of Exeter directly for scholarship, grant, and financial aid information for this programme. Many European universities offer merit-based and need-based funding for international and domestic students.
About The University of Exeter
The University of Exeter
Botswana, Botswana
TheUniversity of Exeteris aresearch universityin theWest CountryofEngland, with its main campus inExeter,Devon. Its predecessor institutions,St Luke's College,Exeter School of Science,Exeter...
University Profile- Application Deadline May, 2027
- Start Date Sep, 2026
- Language English
- Duration 12 months
