Heriot-Watt University

Heriot-Watt University

Financial Mathematics

The course provides training in the mathematical ideas and tools vital to the finance industry; by developing essential new mathematical concepts, especially in stochastic calculus, and placing the mathematics in the contexts of financial markets, modelling, derivative pricing, portfolio theory and risk management.

Entry requirements

Entry requires a UK 2.1 degree or equivalent in Mathematics, Statistics, or a related subject with a substantial mathematics content from a British or overseas university. The minimum requirement for English language is IELTS 6.5 or equivalent.

Course modules

Core modules: derivatives markets; derivative pricing and financial modelling; financial markets; discrete-time finance; stochastic analysis in finance; credit risk modelling; special topics, including industry lead projects. Optional modules: statistical methods; financial econometrics; time series analysis; modern portfolio theory; optimisation methods in finance; numerical methods for partial differential equations; simulation in finance; deterministic optimisation methods in finance.

Assessment methods

Dissertation.

Sponsorship information

Various scholarships are available on a competitive basis.

Qualifications

Qualification Study mode Start month Fee Course duration
MSc Full-time September 2016 GBP 19,700 per Year 1 (EU) 1 years
MSc Full-time September 2016 GBP 19,700 per Year 1 (England) 1 years
MSc Full-time September 2016 GBP 22,950 per Year 1 (International) 1 years
MSc Full-time September 2016 GBP 19,700 per Year 1 (Northern Ireland) 1 years
MSc Full-time September 2016 GBP 19,700 per Year 1 (Scotland) 1 years
MSc Full-time September 2016 GBP 19,700 per Year 1 (Wales) 1 years

Campus details

Campus name Town Postcode Region Main campus Campus Partner
Edinburgh Campus Edinburgh EH14 4AS Scotland

Get in touch

Remember to mention TARGETpostgrad when contacting universities.

Key information

Contact: 
Postgraduate Office
Telephone number: 
0131 451 3284