MSc Mathematics and Finance

Postgraduate Entry Requirements:

• Applicants should have successfully completed a bachelor's degree or its equivalent from a recognized institution with a minimum overall score of  50 to 55% or equivalent.
• English language proficiency is required, and applicants must provide evidence of their English language skills through an approved language test.
  • IELTS: A minimum overall score of 6.5 with no individual component below 6.0.
  • TOEFL: A minimum overall score of 90.
  • PTE Academic: A minimum overall score of 62 with no individual score below 51.
• Some postgraduate programs may have specific subject prerequisites or additional requirements.

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 entry requirements may vary across different programs and courses. Additionally, meeting the minimum entry requirements does not guarantee admission, as the university considers factors such as the number of available places and competition for certain courses.

The University of Essex offers a range of scholarships and financial support options to assist students in their academic journey. These scholarships are designed to recognize and reward academic excellence, promote diversity and inclusion, and provide assistance to those facing financial challenges.  

1. Academic Excellence Scholarships: The university offers scholarships to outstanding students who demonstrate exceptional academic achievements. These scholarships are typically merit-based and provide financial support towards tuition fees or living expenses.
2. International Scholarships: The University of Essex provides scholarships specifically designed for international students. These scholarships aim to attract and support talented students from around the world. Eligibility criteria and award amounts may vary, and they may cover a portion of tuition fees or provide assistance with living expenses.
3. Subject-specific Scholarships: Some departments and schools within the university offer scholarships tailored to specific academic disciplines. These scholarships are often awarded to students with exceptional academic records or those who demonstrate a strong commitment to their field of study.
4. Access and Participation Scholarships: The university is committed to promoting diversity and inclusion. It offers scholarships and financial support to students from underrepresented backgrounds, including those from low-income families or individuals who are the first in their family to attend university.
5. Government-funded Scholarships: In addition to internal scholarships, the University of Essex provides information and guidance on scholarships and funding opportunities offered by external organizations and government agencies. These scholarships may be available to students based on factors such as nationality, field of study, or research interests.
6. Sports Scholarships: The university recognizes the importance of sports and offers scholarships to talented athletes who demonstrate exceptional sporting abilities. These scholarships provide financial support along with access to sports facilities, training programs, and dedicated support services.

It is important to note that scholarship availability, eligibility criteria, and application processes may change over time. 

Graduates of the MSc Mathematics and Finance program have diverse career prospects in the finance sector. 

1. Quantitative Analyst: Graduates can work as quantitative analysts in investment banks, hedge funds, and financial institutions. They develop mathematical models and algorithms to analyze market trends, price financial instruments, and manage investment portfolios.

2. Risk Analyst/Manager: Graduates can pursue careers in risk management, assessing and mitigating financial risks in banks, insurance companies, and consulting firms. They analyze market risks, credit risks, and operational risks, and develop risk management strategies.

3. Financial Data Analyst: Graduates can work as financial data analysts, using statistical techniques and mathematical models to analyze large financial datasets. They extract insights, identify patterns, and support decision-making processes in finance.

4. Financial Consultant: Graduates can provide consultancy services to financial institutions, offering expertise in mathematical modeling, risk assessment, and investment strategies. They help clients optimize their financial operations and make informed financial decisions.

5. Quantitative Developer: Graduates can work as quantitative developers, building software applications and systems for financial modeling, trading, and risk management. They collaborate with quantitative analysts and traders to develop and implement financial models and algorithms.

6. Research and Academia: Graduates can pursue research opportunities or academic careers in universities and research institutions. They can contribute to the development of financial theories, models, and mathematical methods through advanced research and teaching.