University of Exeter United Kingdom

MSc Mathematical Finance

Integrated Masters with deeper specialization and research focus
Taught in English
Duration 1 Years
Mode On Campus
Level Postgraduate
Degree Masters Degree
Closing soon September 2026

Course Overview

The MSc Mathematical Finance at the University of Exeter is engineered for ambitious individuals seeking to master the quantitative techniques essential for navigating complex financial markets. You will delve into critical areas such as stochastic analysis, option pricing, and financial modelling, developing a sophisticated understanding of the mathematical underpinnings of modern finance. This postgraduate degree is ideal for those who possess a strong analytical aptitude and wish to apply advanced mathematical principles to solve real-world financial problems, preparing you for a dynamic career in the financial sector.

This full-time, on-campus Masters programme is delivered over one year, integrating compulsory modules in case studies, methods for stochastics, analysis, and financial management with a significant project. You will have the opportunity to select 30 credits from a range of optional modules, allowing you to tailor your studies to specific interests like investment analysis, derivatives pricing, or financial econometrics. You will graduate with advanced analytical and computational skills, positioning you for roles in quantitative analysis, risk management, and financial engineering within investment banks, hedge funds, and insurance companies.

Course Curriculum & Details

Detailed information for serious evaluators

Program Overview

This MSc program in Mathematical Finance equips students with advanced quantitative skills for the financial industry. The curriculum covers essential topics such as methods for stochastics and finance, analysis and computation for finance, and the mathematical theory of option pricing. Students will also engage with case studies and undertake a significant project, while having the flexibility to specialize through a range of optional modules in areas like investment analysis, financial instruments, and econometrics.

1 Compulsory modules

Case Studies in Mathematical Finance
Methods for Stochastics and Finance
Analysis and Computation for Finance
Fundamentals of Financial Management
Mathematical Theory of Option Pricing
Actuarial and Mathematical Finance Project

2 Optional modules

Investment Analysis 1
Financial Instruments
Topics in Financial Economics
Banking and Financial Services
Derivatives Pricing
Domestic and International Portfolio Management
Investment Analysis II
Financial Modelling
Advanced Corporate Finance
Applied Empirical Accounting and Finance
Applied Econometrics 2
Applied Econometrics 1
Ergodic Theory

Cost & Affordability

A clear picture of what this course will cost you

Program Costs

34% off
First Year Fee Tuition fee
USD 25,959.00 USD 39,334.00
Total Program Cost Estimated total tuition
USD 25,959.00 USD 39,334.00

Currency note: Program costs shown in USD based on the available tuition breakdown.

Living Costs

Food & Groceries USD 2,417.00 - USD 4,028.00
Transport USD 645.00 - USD 1,289.00
Utilities & Bills USD 1,128.00 - USD 1,934.00
Estimated Total USD 4,190.00 - USD 7,251.00

Living cost estimates are based on Streatham Campus.

Outcomes & Employability

What happens after you graduate

92%
Graduate Employment Rate Within 6 to 12 months of graduation

Common Graduate Roles

Advertising TechnologyAgricultural Research & DevelopmentCrop Production & FarmingEconomic Research & PolicyFood Processing & ManufacturingGovernment & Regulatory AgenciesInsurance & Risk ManagementLivestock & Animal HusbandryPrivate Equity & Venture CapitalVocational & Technical Training

Top Employers Hiring for this course

Deloitte UK

EY

Ernst & Young

HSBC

J.P Morgan Chase Co.

KPMG International Limited (Klynveld Peat Marwick Goerdeler)

Lloyds Banking Group

Manchester City Council

Why Study MSc Mathematical Finance at University of Exeter

What makes this program stand out

September 2026 Closing soon

Next intake is in September 2026

Life at University of Exeter in United Kingdom

What daily life looks like for international students

Language

English

Primary language everywhere

Climate

Mild & Rainy

10-20°C average, pack layers

Safety (Numbeo Safety Index)

Very Safe

Exeter is one of UK's safest cities

Frequently Asked Questions

Common questions about MSc Mathematical Finance at University of Exeter

Can I work while studying?

International students in degree courses can work up to 20 hours per week during term time and full-time during breaks. No separate work permit is needed, but part-time students cannot work.

What English language score do I need for this course?

To meet the English language requirements, you can provide scores from tests like IELTS (overall score of 6.5), TOEFL (overall score of 90), or PTE (overall score of 67). Ensure you meet the specific section scores as outlined.

What jobs can I get after studying this course?

Possible job titles include Financial Analyst, Quantitative Analyst, Risk Manager, Investment Analyst, and Financial Consultant.

What will I actually study in this course?

This conversion program provides a solid foundation in financial and mathematical theory and covers essential skills in probability analysis and risk assessment. You'll also undertake a project to enhance your research and computational abilities.

When can I start — what are the intake months?

The MSc Mathematical Finance program has an intake in September. Make sure to prepare your application ahead of time to secure your spot.
ℹ️️
ℹ️️
ℹ️️
 
Account
  • New student?

Search for universities & courses

ℹ️️
ℹ️️
ℹ️️
ℹ️️