Financial Mathematics MSc
Brunel University
Key Course Facts
Course Description
Financial mathematics builds on the application of advanced concepts in modern probability theory to enable market professionals to tackle and systematically resolve a huge range of issues in the areas of pricing, hedging, risk management, and market regulation.
On this course you’ll put theory into practice by developing your numerical and computational skills to implement financial models. These are the skills you’ll need to work for a financial institution.
The course has an emphasis on:
- the modelling of the dynamics of financial assets, both in equity markets and in fixed-income markets
- the pricing and hedging of options and other derivatives
- the quantification and management of financial risk.
The course will give you a balanced mixture of advanced mathematics (including modern probability theory and stochastic calculus), modern finance theory (including models for derivatives, interest rates, foreign exchange, equities, commodities, and credit), and computational technique (GPU-based high-performance computing).
Entry Requirements / Admissions
Requirements for international students / English requirements
IELTS academic test score (similar tests may be accepted as well)
-
- 6.5
- All other courses
-
- 6.5
- Graduate Degrees Arts, Social Sciences, Education and Social Work
-
- 7.0
- Graduate Degrees Law
-
- 6.0
- Graduate Degrees Science, Technology and IT
-
- 6.5
- Undergraduate Degrees Arts, Social Sciences, Education and Social Work
-
- 6.5
- Undergraduate Degrees Law
-
- 6.0
- Undergraduate Degrees Science, Technology and IT
A 2:2 (or above) UK Honours degree, or equivalent internationally recognised qualification, in Mathematics.
Costs
Average student cost of living in the UK
| Rent | £518 |
| Water, gas electricity, internet (at home) | £50 |
| Supermarket shopping | £81 |
| Clothing | £35 |
| Eating out | £33 |
| Alcohol | £27 |
| Takeaways / food deliveries | £30 |
| Going out / entertainment (excl.alcohol, food) | £24 |
| Holidays and weekend trips | £78 |
| Transport within city | £17 |
| Self-care / sports | £20 |
| Stationary / books | £13 |
| Mobile phone / internet | £13 |
| Cable TV / streaming | £7 |
| Insurance | £51 |
| Other | £95 |
| Average student cost of living | £1092 |
London costs approx 34% more than average, mainly due to rent being 67% higher than average of other cities. For students staying in student halls, costs of water, gas, electricity, wifi are generally included in the rental. Students in smaller cities where accommodation is in walking/biking distance transport costs tend to be significantly smaller.
University Rankings
Positions of Brunel University in top UK and global rankings.
See all 32 university rankings of Brunel University
About Brunel University
Established in 1957, Brunel University is located in the large town of Uxbridge, in suburban London. Thanks to its location, Brunel University has numerous public transport connections to London, which students make use of for expanding their options when it comes to work experience placements. The admission rate is lower than in many universities, so applicants should prepare their personal statements and interviews well when applying to enrol here.
List of 270 Bachelor and Master Courses from Brunel University - Course Catalogue
Student composition of Brunel University
-
Total number of students enrolled at Brunel University by level Academic year 2021/22 - Full-time equivalent student enrollments published by Higher Education Statistics Agency (HESA) on February 2022
- undergraduates:
- 11215
- postgraduates:
- 4730
- Total:
- 15945
-
Number of students enrolled in courses of subject “Financial Mathematics”: Academic year - Full-time equivalent student enrollments published by Higher Education Statistics Agency (HESA) on February 2022
Where is this programme taught
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