Master of Science in Financial Mathematics
City, University of London
UK,England
0 Shortlist
12 Months
Duration
CAD 31,500/year
Tuition Fee
CAD 0 FREE
Application Fee
Sep 2025
Apply Date
UK, England
Type: University
Location Type: Urban
Founded: 1966
Total Students: 19,975 +
Campus Detail
Main Campus Address
Northampton Square, London EC1V 0HB, United Kingdom
Master of Science in Financial Mathematics
Program Overview
Learn skills used for quantitative modelling positions, from structuring to pricing complex derivatives and fixed income securities on our Financial Mathematics master's course.
To successfully complete the Financial Mathematics postgraduate course, you must have a very good understanding of mathematics. You may well have studied maths, physics or engineering degrees as an undergraduate.
Or you might have a bachelor’s degree in economics or science and in particular computer science, which, coupled with your interest in stochastics, could also qualify you for this programme.
You should have a general interest in learning the more technical and mathematical techniques used in financial markets; but you don’t need to have a background in finance.
The master's in Financial Mathematics focuses on stochastics and simulation techniques, but also covers some econometrics. You’ll study core modules covering asset pricing, risk management and an introduction to key financial securities such as equities, fixed income and derivatives.
You’ll cover a wide range of elementary and advanced topics in stochastics, including Levy processes and different simulation techniques.
You’ll be taught Python during terms 1 and 2 and you have the opportunity to learn other programming languages as part of our electives offering, such as Matlab or VBA.
There are three ways to complete the third term. Either you’ll choose five electives from around 40 optional modules in your final term. Or you can choose to complete a traditional dissertation, known as a ‘business research project’, which counts for four electives, or a shorter ‘applied research project’, which is the equivalent of two elective modules.
Application Fee
Application Fee: CAD 0 FREE Tuition Fee
CAD 31,500 per year
*Note: The fee is approximate and is subject to change
Living Cost in City, University of London
CAD 12,006 per year
*Note: The fee is approximate and is subject to change
The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.
Funding
Check program website for more information about funding options.
