University of Sussex
Financial Mathematics MSc
University of Sussex

Key Course Facts

Course Description

Understand the main aspects of quantitative finance – including general finance theory, finance models and programming for graduates with a science, engineering and mathematics background.

Our course builds on Sussex’s strong foundation of interdisciplinary research. You’ll be taught by experts from both the Department of Mathematics and the University of Sussex Business School. The course also draws on expertise from industry professionals, so you’ll gain the knowledge and skills to succeed in the fast-paced world of finance. Topics covered include:

  • interest-rate theory
  • arbitrage theory
  • GARCH models
  • corporate finance
  • option pricing models and numerical analysis
  • programming in C and Java
  • the use of mathematical computing software.

We understand that deciding where and what to study is a very important decision. We’ll make all reasonable efforts to provide you with the courses, services and facilities described in this prospectus. However, if we need to make material changes, for example due to government or regulatory requirements, or unanticipated staff changes, we’ll let you know as soon as possible.

Entry Requirements / Admissions

Requirements for international students / English requirements

IELTS academic test score (similar tests may be accepted as well)

    • 6.5
    • Graduate Degrees
    • (minimum 6.5 in Writing, 6.0 in all other modules)
    • 6.0
    • Undergraduate Degrees
    • (no subscore less than 6.0)

If you’re a self-funded international student, you’re required to pay a tuition fee deposit.

Our goal is to ensure that every student who wants to study with us is able to regardless of financial barriers, so that we continue to attract talented and unique people. Details of our scholarships are not yet set for entry in the academic year 2024/25.
Get advice on which foundation courses are best for you to still study Financial Mathematics, MSc, if you do not meet the minimum requirements in terms of UCAS score, A levels, or English language requirements.

You should normally have a lower second-class (2.2) undergraduate honours degree or above.

Your qualification should have a high mathematics content, demonstrating knowledge in calculus, probability and statistics, differential equations and some numerical analysis/ scientific computation / programming / modelling. You are suited to this course if your qualification is in mathematics, finance, economics, business, science, engineering or computing. You may also be considered for the course if you have other professional qualifications or experience of equivalent standing.

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 University of Sussex in top UK and global rankings.

See all 29 university rankings of University of Sussex

About University of Sussex

The University of Sussex is a publicly funded research university based in Falmer, Brighton. The university is surrounded by South Downs National Park, which makes it the only English university to be situated in a National Park. Sussex also formed part of the 1994 Group, a coalition of research-intensive universities in the UK which was dissolved in 2013.

List of 326 Bachelor and Master Courses from University of Sussex - Course Catalogue

Student composition of University of Sussex

undergraduates:
14375
postgraduates:
4225
Total:
18600
  • A student's view of life at Sussex
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  • University of Sussex, Finance student perspectives

Where is this programme taught

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