Program Overview
The Financial Mathematics at University of Warwick 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 7
- Location: Coventry, 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
There are four pillars representing the areas of expertise required for our students' future employment and three stages of development.
Three Stages of Development
- “foundations” (prerequisite skills in the core areas)
- “specialisation” (bundles of electives to match interest and career destination)
- "application" of acquired skills and knowledge (dissertation)
The three stages broadly follow the three academic terms:
- Term 1 (Autumn): lays down the foundational skills in the “4 Pillars”
- Term 2 (Spring): provides specialisation and “pathway”-specific skills
- Term 3 (Summer): assurance of learning by applying skills to your dissertation
- A “Backbone” (spanning all terms) develops Programming / Data skills
Four Pillars
The four “Pillars” correspond to the core modules in Term 1 and Term 2 (see Course Structure for details):
- Financial Statistics
- Financial Mathematics
- Asset Pricing and Risk
- Simulation and Machine Learning for Finance
Scholarship Programme
Many students in the MSc in Financial Mathematics have in the last few years received scholarships worth between 25% to 50% of the fee. See the Fees and Funding section for more details.
Admission Requirements
Academic Requirements
You need the following GMAT score:
The GMAT is specifically designed for admission to business or management schools, and is meant to test how prepared you are for a business degree programme
Academic qualifications
You must have, or be expecting to obtain, an excellent undergraduate degree from a UK university, or the equivalent from an overseas university. You must have a strong mathematical and statistics background so a degree in mathematics, physics, or statistics will be most suitable. Engineering may be acceptable if you have completed a statistics module in your second year or above.
GMAT & GRE
We do not require a GMAT or GRE score but a well-balanced score (700+) may strengthen your application.
English not your first language
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.
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.
Pre-sessional English
We do not offer a pre-sessional English class as an alternative to achieving these scores. Any pre-sessional course should be viewed as a way of settling into living and studying in the UK and not as a way of boosting your score.
English Proficiency: IELTS 7 or equivalent.
Tuition & Financial Information
Detailed tuition information is not available. Please contact the university for the most current tuition and fee information.
Application Deadline
Please contact the university for application deadline information.
About University of Warwick
University of Warwick
Coventry, United Kingdom
University of Warwick is a distinguished institution of higher education committed to academic excellence, innovative research, and preparing students for leadership in their chosen fields. The...
University Profile- Language English
- Duration 12 months