MSc Financial Mathematics

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 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 87, with at least 21 in Listening, 23 in Reading, 22 in Speaking, and 21 in Writing.
  • PTE Academic: A minimum overall score of 59 with no individual score below 59.
• 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 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.

Middlesex University offers a range of scholarships and financial support options to help students pursue their academic goals. 

1. Vice Chancellor's Excellence Scholarship: The Vice Chancellor's Excellence Scholarship is a prestigious scholarship awarded to high-achieving students who demonstrate outstanding academic excellence. It provides a partial fee waiver for undergraduate and postgraduate programs at Middlesex University. 
2. Regional and Country-specific Scholarships: Middlesex University offers scholarships specifically designed for students from certain regions or countries. These scholarships aim to promote diversity and support international students. 
3. Merit Scholarships: Merit scholarships are awarded to students who have achieved exceptional academic performance. These scholarships are available for both undergraduate and postgraduate programs and provide financial assistance in the form of tuition fee reductions.
4. Alumni Loyalty Bursary: The Alumni Loyalty Bursary is available to Middlesex University graduates who wish to pursue further studies at the university. This bursary offers a fee reduction for eligible postgraduate programs, supporting alumni in their educational and professional development.
5. External Scholarships and Funding: Middlesex University provides information and guidance on external scholarships and funding opportunities. These scholarships are offered by various organizations, foundations, and governments to support students' educational journeys. The university assists students in identifying and applying for external scholarships relevant to their program of study.

Graduates of the MSc Financial Mathematics program from Middlesex University are well-prepared for a range of impactful and high-demand career paths.

1. Quantitative Analyst (Quant): Employed by financial institutions, quants develop mathematical models to analyze market trends, assess risks, and inform trading strategies.

2. Risk Manager: Assessing and mitigating financial risks, graduates work with banks, investment firms, and corporations to ensure sound risk management practices.

3. Financial Data Analyst: Analyzing financial data and trends, graduates provide insights that guide investment decisions and shape financial strategies.

4. Portfolio Manager: Managing investment portfolios for individuals or institutions, graduates use quantitative analysis to optimize returns while managing risks.

5. Derivatives Specialist: Working with financial derivatives, graduates design, price, and evaluate complex financial instruments.

6. Researcher/Educator: Pursuing roles in academia or research institutions, graduates contribute to the advancement of financial mathematics knowledge.