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Mathematical Finance

Mathematical Sciences

Taught

MSc

  • Overview
  • Application Timeline
  • Tuition
  • Requirements
  • Modules
  • About
  • Subject Area Information
  • Career
  • Similar courses

Overview

The MSc in Mathematical Finance is a one-year postgraduate program at the University of York, led by expert faculty recognized for their academic contributions. Students develop relevant skills in a small, diverse class environment, with options for both on-campus and online learning. The program covers key topics such as stochastic processes and credit risk.

Application Timeline

  1. September 1, 2025
    Start date
  2. March 19, 2026
    Today

Tuition

Year 1
Student categories Study
Full-time Part-time
England£16,810N/A
Northern Ireland£16,810N/A
Scotland£16,810N/A
Wales£16,810N/A
Channel Islands£16,810N/A
Republic of Ireland£16,810N/A
EU£33,700N/A
International£33,700N/A

Requirements

Entry Requirements:
Language Requirements

Language requirements information is currently unavailable.

Modules

Modules is currently unavailable

Please check back later for updates.

About

Programme Details

This one-year taught postgraduate programme has been established for over a decade and is led by a team of dedicated academic staff who are experts in their fields.

Academic Excellence

The faculty members are recognized for publishing definitive textbooks with prestigious publishers such as Cambridge University Press and Springer. Their expertise covers a range of topics including:

  • Stochastic processes
  • Mathematical finance
  • Credit risk

Class Environment

Typically, the class consists of 15-20 students from various countries, with many classes held in the new lakeside Master's Study Centre.

Location

The programme is offered...

Subject Area Information

Financial mathematics is a specialized field that combines mathematical theories and methods with financial practice to solve problems in finance. This discipline is essential for understanding and modeling financial markets, managing financial risks, and making informed investment decisions.

Typical Course Structure
  • 1. Introduction to Financial Mathematics

  • 2. Probability and Statistics for Finance

  • 3. Derivatives and Risk Management

  • 4. Fixed Income Securities

  • 5. Portfolio Theory and Asset Pricing

  • 6. Numerical Methods in Finance

  • 7. Financial Econometrics

  • 8. Advanced Topics in Financial Mathematics

Typical Skills Acquired
  • Understanding fundamental financial concepts
  • Calculating present and future values
  • Analyzing financial data
  • Modeling uncertainty
  • Valuing derivative securities
  • Designing hedging strategies
  • Valuing fixed income securities
  • Constructing optimal portfolios
  • Implementing numerical algorithms
  • Analyzing financial time series data
  • Understanding complex financial instruments
  • Proficiency in programming languages such as Python, R, or MATLAB

Career

Graduates of financial mathematics programs can pursue a variety of careers in the finance industry, leveraging their strong foundation in mathematics, finance, and computational techniques.

Potential Professions
  • Quantitative Analyst (Quant)

    Developing and implementing complex financial models to support trading and risk management.

  • Risk Manager

    Identifying and mitigating financial risks for banks, investment firms, and corporations.

  • Financial Engineer

    Designing new financial products and strategies using advanced mathematical techniques.

  • Investment Analyst

    Analyzing financial data to make investment recommendations.

  • Actuary

    Assessing financial risks in the insurance and pension industries.

  • Data Scientist

    Applying statistical and computational methods to analyze financial data and inform business decisions.

Similar courses

Contact

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Heslington, York, YO10 5DD
Get expert guidance

Enhance your academic journey with the help from our experts.

Contact

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Heslington, York, YO10 5DD
Get expert guidance

Enhance your academic journey with the help from our experts.

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