MSc in Financial Mathematics
Programme Code: TMFIMA
Department: Mathematics
For students starting this programme of study in 2019/20
Guidelines for interpreting programme regulations
Academic year programme (10 months). Students must take five compulsory half-unit courses and optional courses to the value of one-and-a-half units as shown.
There is also a two-week compulsory introductory course MA400 September Introductory Course relating to MA415 and MA417. Students must also take the non-assessed non-credit course MA432 Programming in C++.
Please note that places are limited on some optional courses. Admission onto any particular course is not guaranteed and may be subject to timetabling constraints and/or students meeting specific prerequisite requirements.
Paper |
Course number, title (unit value) | |
Introductory course |
MA400 September Introductory Course (Financial Mathematics and Quantitative Methods for Risk Management) (0.0) | |
Programming course |
MA432 Programming in C++ (0.0) (withdrawn 2020/21) | |
Paper 1 |
MA415 The Mathematics of the Black and Scholes Theory (0.5) # | |
Paper 2 |
MA416 The Foundations of Interest Rate and Credit Risk Theory (0.5) # | |
Paper 3 |
||
Paper 4 |
||
Paper 5 |
||
Paper 6 |
One of the following: | |
|
||
|
||
|
||
|
MA418 Preferences, Optimal Portfolio Choice, and Equilibrium (0.5) # (not available 2021/22) | |
|
MA420 Quantifying Risk and Modelling Alternative Markets (0.5) # | |
|
ST440 Recent Developments in Finance and Insurance (0.5) # (not available 2021/22) | |
|
ST441 Introduction to Markov Processes and their Applications (0.5) # (withdrawn 2019/20) | |
Papers 7 & 8 |
Courses to the value of 1.0 unit(s) from the following: | |
|
||
|
FM404 Forecasting Financial time Series (0.5) # (not available 2021/22) | |
|
||
|
||
|
||
|
FM442 Quantitative Methods for Finance and Risk Analysis (0.5) # | |
|
FM445 Portfolio Management (0.5) | |
|
||
|
||
|
ST426 Applied Stochastic Processes (0.5) (not available 2021/22) | |
|
||
|
||
|
Further half unit(s) from the MA4** level courses or any other appropriate MSc course, subject to the approval of the Programme Director and Teacher Responsible for the course. | |
Additional course |
Students can also take the following non-assessed course taken in addition to the required five compulsory half-unit courses and optional courses to the value of one-and-a-half units detailed above: | |
|
MA422 Research Topics in Financial Mathematics (0.0) | |
Paper 6 options list
MA418 Preferences, Optimal Portfolio Choice, and Equilibrium (0.5) # (not available 2021/22) | |
MA420 Quantifying Risk and Modelling Alternative Markets (0.5) # | |
ST440 Recent Developments in Finance and Insurance (0.5) # (not available 2021/22) | |
ST441 Introduction to Markov Processes and their Applications (0.5) # (withdrawn 2019/20) | |
# means there may be prerequisites for this course. Please view the course guide for more information.
The facilitates comparability and compatibility between higher education systems across the European Higher Education Area. Some of the School's taught master's programmes are nine or ten months in duration. If you wish to proceed from these programmes to higher study in EHEA countries other than the UK, you should be aware that their recognition for such purposes is not guaranteed, due to the way in which ECTS credits are calculated.
Note for prospective students:
For changes to graduate course and programme information for the next academic session, please see the . Changes to course and programme information for future academic sessions can be found on the .
