MSc Financial Mathematics

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 program have excellent career prospects in various sectors.

1. Quantitative Analyst: Graduates can work as quantitative analysts, applying mathematical and statistical models to analyze financial markets, develop trading strategies, and manage investment portfolios. They find employment in investment banks, hedge funds, asset management firms, and financial technology companies.

2. Risk Analyst/Manager: Graduates can pursue careers in risk analysis and management, assessing and managing financial risks for banks, insurance companies, or investment firms. They use mathematical models to measure and mitigate risks, develop risk management strategies, and ensure regulatory compliance.

3. Financial Data Analyst: Graduates can work as financial data analysts, analyzing large datasets to identify trends, patterns, and correlations in financial markets. They contribute to investment decision-making, portfolio optimization, and risk assessment by providing data-driven insights and recommendations.

4. Financial Consultant: Graduates can become financial consultants, providing advice and guidance to individuals or organizations on investment strategies, risk management, and financial planning. They help clients navigate complex financial environments, optimize their financial resources, and achieve their financial goals.

5. Financial Software Developer: Graduates with strong programming skills can pursue careers as financial software developers, designing and implementing software solutions for financial modeling, risk analysis, and trading platforms. They work closely with quantitative analysts and financial professionals to develop innovative tools and systems.

6. Research Analyst: Graduates can work as research analysts, conducting in-depth research on financial markets, economic trends, and investment opportunities. They contribute to market analysis reports, investment recommendations, and financial forecasts for financial institutions, research firms, and regulatory bodies.