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The University of Edinburgh logo

Financial Mathematics

The University of Edinburgh Rank #720
Tuition GBP 22,950 (Tuition (Year)) — International students; GBP 19,700 (Tuition (Year)) — EU/EEA students
Degree MSc
Duration 12 months
Deadline 2001-06-18
Delivery On-campus
Location Edinburgh, United Kingdom
Language English

Program Overview

The Financial Mathematics at The University of Edinburgh 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

  1. Duration: 12 months
  2. Language of instruction: English
  3. Study mode: On-campus
  4. English requirement: IELTS 6.5
  5. Tuition: GBP 22,950 (Tuition (Year)) — International students; GBP 19,700 (Tuition (Year)) — EU/EEA students
  6. Location: Edinburgh, United Kingdom

Career Opportunities

Graduates of the Financial Mathematics programme are prepared for diverse careers in mathematics & statistics:

  1. Actuary
  2. Quantitative Analyst
  3. Data Analyst
  4. Risk Manager
  5. Financial Modeller
  6. Statistical Researcher

Program Curriculum

Course Structure

  1. Derivatives Markets
  2. Derivative Pricing and Financial Modelling
  3. Financial Markets
  4. Discrete-Time Finance
  5. Stochastic Analysis in finance
  6. Credit Risk Modelling
  7. Special Topics, including industry lead projects
  8. Statistical Methods
  9. Financial Econometrics
  10. Time Series Analysis
  11. Modern Portfolio Theory
  12. Optimisation Methods in Finance
  13. Numerical Methods for PDEs
  14. Simulation in Finance
  15. Deterministic Optimisation Methods in Finance

Admission Requirements

Academic Requirements

Entry requires a UK 2.1 degree or equivalent in Mathematics, Statistics, or a related subject with a substantial mathematics content from a British or overseas university.

We are looking to train those who not only have a strong background in mathematics, but who also possess the ability to communicate effectively, and have the desire to succeed in a dynamic and competitive industry.

The programme is not suitable for finance professionals without graduate-level mathematical training.

English Proficiency: IELTS 6.5 or equivalent.

Tuition & Financial Information

Tuition Fee

GBP 22,950 (Tuition (Year)) — International students; GBP 19,700 (Tuition (Year)) — EU/EEA students

Tuition fees: GBP 22,950 (Tuition (Year)) — International students; GBP 19,700 (Tuition (Year)) — EU/EEA students

IELTS requirement: 6.5

Financial Aid & Scholarships

Contact The University of Edinburgh 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 Edinburgh

The University of Edinburgh logo

The University of Edinburgh

Edinburgh, United Kingdom

University of Edinburgh (Universitas Academica Edinburgensis) is a historic and globally respected public research university in Edinburgh, Scotland, UK, founded in 1583, making it one of the...

University Profile
  • Application Deadline 2001-06-18
  • Start Date 2018-09-01
  • Language English
  • Duration 12 months