MSc in Mathematical Finance

Apply now

This is an exciting and intensive one-year taught postgraduate programme. Our team of dedicated lecturers and support staff help to keep the course one of our most popular. In a typical year the class consists of around 15-20 students, from a number of different countries.

The Department of Mathematics, the University of York, and the historic City of York provide a uniquely attractive environment in which to live and study.

On this MSc programme you will develop skills and competence in Mathematical Finance which are of direct relevance in the field of work. For details of the modules currently offered please see Programme Structure. If you are unable to commit yourself to full-time campus-based study and would prefer to study by online distance learning then please visit the MSc in Mathematical Finance by Online Distance Learning.

Careers

The MSc in Mathematical Finance opens up fantastic employment opportunities to successful graduates in:

  • investment banks
  • hedge funds
  • insurance companies
  • stock brokerage
  • unit trusts
  • pension funds
  • corporate finance departments
  • other financial institutions worldwide.

Graduates can embark on careers in trading and pricing derivative financial securities (options, futures, forwards, and the like), fund management, risk management, research and development, or pursue further study to PhD level. For more information about career opportunities, please visit the career opportunities section.

You will also receive Transferable and Generic Skills training, along with the option of choosing various modules to add to the variety of the programme.

Entry Requirements

Either

  • an undergraduate degree equivalent to a class 2:1 or higher UK degree in a mathematics-based subject (in a widely understood sense, including certain degrees in science)
  • or an undergraduate degree equivalent to a class 2:2 or higher UK degree in a mathematics-based subject (in a widely understood sense, including certain degrees in science) and completing the online pre-sessional course  Mathematical Foundations of Quantitative Finance with a final grade of at least 60%.

If your undergraduate degree is in business, finance or economics with sufficiently strong mathematics background (equivalent to at least two years of university level mathematics courses), then we encourage you to apply also. We welcome students with recent degrees as well as those with work experience in related disciplines and professions.

International students will also need to demonstrate a good command of English by meeting the criteria under Language Requirements.

Conversion Year

If you have a strong first degree in a non-mathematical discipline and your mathematical background is not quite sufficient for direct entry to the MSc programme, then you are eligible to apply for the Conversion Year. This is a nine-month (October to June) foundation programme consisting of a selection of modules from the undergraduate Mathematics programme. Upon successful completion of the conversion year at 2:1 level, students are guaranteed a place on the MSc in Mathematical Finance in the following academic year.

Contact details

Graduate Administrator

Tel: +44 1904 323097

University of York term dates

Tuition fees