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MSc Financial Mathematics (Full-Time, 2018 Entry)

Join us to gain both a deep theoretical and conceptual knowledge of finance together with the requisite high level probability, statistics and mathematics to enable you to undertake advanced quantitative modelling. Lab work will give you hands-on experience of using software packages for simulations and time series analysis as well as learning C++ programming to enable you to price sophisticated derivative structures.

Six compulsory modules cover key material in finance, statistics and maths. Every year we offer many optional modules, available through various study routes: delivered here at WBS

Compulsory Modules:

  • Asset Pricing
  • Financial Derivatives
  • C++ for Quantitative Finance
  • Numerical Methods
  • Continuous Time Finance for Interest Rate Models
  • Probability & Stochastic Processes

Example optional Modules:

  • Behavioural Finance
  • Brownian Motion
  • Financial Risk Management
  • Financial Time Series
  • Fixed Income & Credit Risk
  • Bayesian Forecasting
  • Partial Differential Equations in Finance

As a research led institution, optional module lists are subject to change each year to keep the student learning experience current. For more information about modules available on this course please visit the department website.

* The modules mentioned above may be subject to change. Please read our terms and conditions for more detailed information.

Teaching:
You will study six compulsory modules to give you a broad overview of key business areas, choosing two elective modules to suit your own aspirations.

Assessment:
Assessment is a mix of exams and coursework with your 10,000 word dissertation bringing all your learning together at the end.

Graduate Destinations:

The MSc in Financial Mathematics will prepare you for a career using sophisticated statistical and mathematical modelling tools within financial engineering, front and back office "quant" roles in investment banking, risk management, hedge funds, and insurance and actuarial positions.

Positions have included:

ABN AMRO Bank, Quantitative Analyst; Commerzbank, Interest Rate Derivative Structurer; Duff & Phelps, Analyst (Financial Engineering); HSBC, Derivative Market Risk Analyst; Library House, Analyst; Lloyds Banking Group, Director, Cash & Inflation Quantitative Research; Merrill Lynch, Quantitative Strategist; UBS, Equity Trader.

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Essential information

Duration

Full-time: 1 year

Entry requirements

First Class Honours degree or 2:i undergraduate degree (or equivalent) in a related subject

English Language requirements

Band B

Department of study

Warwick Business School

Location of study

University of Warwick

Course fees

Full-time:
Home/EU: £34,000 per year
Overseas: £34,000 per year

Find out more about fees and funding via both the WBS and University website.

 

Department website

Order a PG magazine

Application information

 

This information is applicable for 2018 entry.