University of Birmingham

University of Birmingham

Mathematical Finance

This programme, taught jointly by the School of Mathematics and the Department of Economics, provides the skills that will enable technically able graduates (including in mathematics, science and engineering) to apply their quantitative training to financial analysis; in most cases, graduates take positions in quantitative analysis (or similar) in major financial institutions, such as in the City; the programme also prepares them for postgraduate research; either to continue in academia or to further qualify for work in financial institutions.

Entry requirements

A good Honours 1st degree (or overseas equivalent) in mathematics or a related numerate subject such as physics or engineering, or an appropriate joint honours degree in industrial mathematics. English language requirements may apply for international students.

Course modules

Econometrics with financial applications; mathematical finance; computational methods and frontiers; risk, uncertainty and information; economics of financial markets; dissertation; plus options from: further mathematical finance; linear programming; combinatorial optimisation; game theory; computer simulation; non-linear programming I; non-linear programming II; heuristic optimisation; multi-criteria decision-making; topics in management mathematics; research frontiers in management; mathematics; macroeconomics; topics in money and banking; international banking and finance; any relevant module taught elsewhere in the university subject to the programme director's approval.

Sponsorship information

Fisher scholarships are available due to a generous private gift from Andrew Fisher (CEO, Towry Law).


Qualification Study mode Fee Course duration
MSc Full-time £ 16,920 per Academic year (home fees) 1 years
MSc Full-time £ 16,920 per Academic year (overseas fees) 1 years
MSc Part-time £ 8,460 per Academic year (home fees) 2 years
MSc Part-time £ 8,460 per Academic year (overseas fees) 2 years

Campus details

Campus name Town Postcode Region Main campus Campus Partner
Edgbaston Campus Birmingham B15 2TU West Midlands

Key information

Postgraduate Enquiry Service
Telephone number: 
0121 414 5005