MSc Financial Mathematics with Professional Placement

Streatham Campus

 

INTAKE: September

Program Overview

The MSc Financial Mathematics with Professional Placement program at the University of Exeter is specifically designed to prepare students for careers in quantitative finance and risk management. The program combines mathematical theory, statistical modeling, and computational techniques to analyze and solve complex financial problems.

  1. Quantitative Finance and Risk Management: The program covers various aspects of quantitative finance, including financial derivatives pricing, risk management, portfolio optimization, and asset allocation. Students learn to apply mathematical models and statistical techniques to analyze financial data and make informed investment and risk management decisions.

  2. Mathematical and Statistical Methods: The program provides students with a solid foundation in mathematical and statistical methods used in financial modeling and analysis. They learn advanced mathematical techniques, including stochastic calculus and optimization, as well as statistical modeling approaches such as time series analysis and econometrics.

  3. Computational Finance: Students gain hands-on experience in using computational tools and programming languages commonly used in finance, such as Python and MATLAB. They learn to implement numerical algorithms, simulate financial models, and develop computational solutions for pricing and risk analysis.

  4. Industry-Relevant Skills: The program focuses on developing practical skills that are highly valued in the finance industry. Students learn to analyze financial markets, evaluate investment strategies, and assess financial risks. They also develop skills in data analysis, financial modeling, and using financial software and platforms.

  5. Professional Placement: The program offers students the opportunity to undertake a professional placement, providing them with valuable industry experience. The placement allows students to apply their knowledge and skills in a real-world financial environment, gain insights into industry practices, and build professional networks.

Pollster Education

Location

Streatham Campus

Pollster Education

Score

IELTS 6.5

Pollster Education

Tuition Fee

£ 26000

Postgraduate Entry Requirements:

Academic Qualifications: International students applying for postgraduate programs at the University of Exeter are typically required to have completed a bachelor's degree or equivalent with a minimum overall score of 55% or above. The specific requirements may vary depending on the chosen program and country-specific grading systems.

English Language Proficiency: 

IELTS: The minimum requirement is typically an overall score of 6.5, with no less than 6.0 in each component.

TOEFL: The minimum requirement is typically a score of 90 on the internet-based test (iBT), with no less than 20 in each component.

PTE: The minimum requirement is typically a score of 62, with no less than 62 in each component.

Students must provide:

  • academic marksheets & transcripts
  • letters of recommendation
  • a personal statement - SOP
  • passport
  • other supporting documents as required by the university.

Work experience: Some postgraduate courses may require relevant work experience in the field.

It is important to note that meeting the minimum entry requirements does not guarantee admission, as the university considers factors such as availability of places and competition for the program. Additionally, some courses may have higher entry requirements or additional selection criteria, such as interviews or portfolio submissions.

The University of Exeter offers a range of scholarships and financial support options to international students. These scholarships aim to recognize academic excellence, support talented individuals, and promote diversity and inclusivity.

  1. Global Excellence Scholarships: The Global Excellence Scholarships are prestigious scholarships offered to outstanding international students. These scholarships are awarded based on academic merit and provide a substantial reduction in tuition fees. The value of the scholarships varies, but they can cover up to the full tuition fees for the duration of the program.
  2. International Sanctuary Scholarship: The International Sanctuary Scholarship is designed to support individuals who have sought asylum in the UK. It provides financial assistance to cover tuition fees and living expenses for the duration of the undergraduate program. This scholarship aims to promote access to higher education for talented individuals who have faced significant challenges.
  3. GREAT Scholarships: The University of Exeter participates in the GREAT Scholarships program, which is a joint initiative between the British Council and UK universities. These scholarships are available for students from specific countries and provide financial support for postgraduate studies. The scholarship value varies by country and covers a portion of the tuition fees.
  4. Chevening Scholarships: The University of Exeter is a partner institution for the prestigious Chevening Scholarships. These scholarships are funded by the UK government and provide fully-funded opportunities for outstanding individuals to pursue postgraduate studies in the UK. The scholarships cover tuition fees, living expenses, and other costs.
  5. Sports Scholarships: The University of Exeter offers sports scholarships to talented athletes, both at the undergraduate and postgraduate level. These scholarships recognize excellence in sports performance and provide support in the form of financial assistance, access to sports facilities, coaching, and sports science support.
  6. Subject-Specific Scholarships: Various departments and faculties at the University of Exeter offer subject-specific scholarships for international students. These scholarships are awarded based on academic achievement and may be available for undergraduate, postgraduate, or research programs. The eligibility criteria and scholarship values vary by discipline.

It is important to note that the availability and criteria for scholarships may vary from year to year.

Graduates of the MSc Financial Mathematics with Professional Placement program have excellent career prospects in various sectors of the finance industry. 

  1. Quantitative Analyst: Graduates can pursue careers as quantitative analysts, working for investment banks, hedge funds, or financial institutions. They develop mathematical models, analyze financial data, and contribute to the development of trading strategies, risk models, and investment portfolios.

  2. Risk Manager: Graduates can work as risk managers, assessing and managing financial risks for banks, insurance companies, or consulting firms. They analyze market risks, credit risks, and operational risks, and develop risk management strategies to ensure the stability and profitability of financial institutions.

  3. Financial Data Analyst: Graduates can specialize in financial data analysis, working for financial data providers, research firms, or investment companies. They analyze large datasets, identify trends, and generate insights to support investment decisions, risk assessments, and financial reporting.

  4. Portfolio Manager: Graduates can pursue careers as portfolio managers, responsible for managing investment portfolios on behalf of clients or financial institutions. They analyze market trends, develop investment strategies, and make informed investment decisions to maximize returns and minimize risks.

  5. Financial Software Developer: Graduates with strong programming and computational skills can work as financial software developers, designing and implementing software solutions for financial modeling, risk analysis, and trading platforms. They develop algorithms, optimize code, and ensure the accuracy and efficiency of financial software applications.


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