MSc in Financial Engineering

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The MSc in Financial Engineering is delivered jointly by the Department of Mathematics and the Department of Economics and Related Studies.

This course is intended for candidates who want to combine rigorous study of relevant topics in applied and computational mathematics with econometrics and quantitative finance.

Candidates are expected to have an undergraduate degree with strong scientific (such as, for example, mathematics, statistics, engineering, physics, electronics) or finance/economics backgrounds.

Students graduating with an MSc degree in Financial Engineering will typically find quantitative finance jobs in the City and other financial institutions. Other possibilities include fund management, insurance, the actuarial profession, taxation, and continued study to PhD level.

Our programme is featured on Risk.Net

For details of the modules offered, see Programme Structure.

Why study Financial Engineering at York?

  • Experienced and enthusiastic lecturers from two departments, Mathematics and Economics, share their combined expertise with students.
  • Coursework assignments throughout the course help students to develop transferable skills for the workplace.
  • Rigorous and highly supportive dissertation supervision system.
  • The course equips students with the skills and knowledge required for quantitative analysis in the financial industry.
  • Every student is given an individual dissertation topic based on a recent development in mathematical finance.
  • Independent external examiners regularly comment on the high standards of student work on the MSc programmes in both departments.
  • Excellent research environment.

Entry requirements


  • an undergraduate degree equivalent to a class 2:1 or higher UK degree in a discipline with sufficient background in mathematical sciences, economics and finance,
  • or an undergraduate degree equivalent to a class 2:2 or higher UK degree in a discipline with sufficient background in mathematical sciences, economics and finance and completing the online pre-sessional course Mathematical Foundations of Quantitative Finance with a final grade of at least 60%.

We are looking for a minimum of two years (four semesters or six trimesters) of university level courses in mathematics, and a similar amount and level of courses in economics and finance, with good marks.

Competence in computing is desirable.

Professional experience in quantitative finance will be an advantage, but not a prerequisite, and can compensate to some extent for limited formal training.

Each applicant will be assessed individually to ensure that his/her academic and/or professional background is appropriate. Documented professional track record in quantitative finance will be considered alongside academic record.

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

Contact details

Graduate Administrator

Tel: +44 1904 323097

University of York term dates

Tuition fees