MSc Business Analytics
The MSc Business Analytics program at the University of Exeter...
MSc Financial Mathematics with Professional Placement
Streatham Campus
INTAKE: September
Program Overview
The MSc Mathematical Finance is a one-year full-time program that integrates financial expertise from the University of Exeter Business School with mathematical skills from the internationally respected Mathematics department. Students develop essential skills in probability and stochastic analysis, option pricing, risk analysis, computational methods using MATLAB/C++, financial management, and investment analysis. An optional professional placement year is available, offering practical experience in the financial sector.
Curriculum: The curriculum combines theoretical knowledge with practical application, covering areas such as probability and stochastic analysis, option pricing, risk analysis, and computational methods using MATLAB and C++. Students also engage in financial management and investment analysis, ensuring a comprehensive understanding of the financial landscape. A project in the chosen field allows students to apply their learning to real-world scenarios, supported by faculty with extensive industry experience.
Research Focus: The University of Exeter's Mathematics department emphasizes research excellence, with 100% of its research rated as internationally excellent in the Research Excellence Framework 2021. This focus ensures that students are exposed to cutting-edge developments in mathematical finance, enhancing their academic and professional pursuits.
Industry Engagement: The program boasts strong industry links, providing opportunities for placements and projects that bridge the gap between academic learning and industry practice. These engagements enhance employability and offer insights into real-world financial challenges.
Global Perspective: With a diverse student body and faculty, the University of Exeter offers a global perspective, enriching the learning experience. Students have opportunities for international exposure through exchange programs and industry placements, preparing them for global financial markets.
Location
Streatham Campus
Score
IELTS 6.5
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
