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University of Leicester

Leicester , England ,United Kingdom

Financial Mathematics and Computation MSc

Quantitative finance is widely recognised as a rapidly expanding market for mathematical and scientific skills. Financial Mathematics is an application of mathematical methods to financial markets and risk management, using advanced computer technology to predict the behaviour of the markets and suggest strategies for investment. The focus of this MSc is on computational techniques for finance, on mathematical modelling and on mathematical and economic theories of finance.

On this course you will learn how to formulate problems from finance in mathematical terms, select and develop an appropriate numerical method, use programming skills to implement the method and compute results, and finally to present and interpret these results for a potential client.

Intakes

  • Sep

Application Processing Time in Days: 28

Application Process

20
Days

Minimum English Language Requirements

English Level Description IELTS (1.0 -9.0) TOEFL IBT (0-120) TOEFL CBT (0-300) PTE (10-90)
Expert 9 120 297-300 86-90
Very Good 8.5 115-119 280-293 83-86
Very Good 8 110-114 270-280 79-83
Good 7.5 102-109 253-267 73-79
Good 7 94-101 240-253 65-73
Competent 6.5 79-93 213-233 58-65
Competent 6 60-78 170-210 50-58
Modest 5.5 46-59 133-210 43-50
Modest 5 35-45 107-133 36-43
Limited 4 32-34 97-103 30-36
Extremely Limited < 4 < 31 < 93 < 30

Admission Requirement / Eligibility Criteria

If you have completed the standard XII awarded by the CISCE/CBSE, or another recognised state exam board, with at least 75% overall, you may be considered for admission to a first year Bachelors degree. For many courses at the University of Leicester, you will need 80% overall or higher, along with higher individual marks of 85% in relevant subjects. If you are studying A-levels or the International Baccalaureate (IB) then you can begin from the first year of a Bachelors degree. Please see inidvidual course pages for entry requirements. If you have already completed the first year of an undergraduate degree at an Indian university, you may be considered for entry to the first or second year of a Bachelors degree if you have studied relevant subjects and/or modules. We also have progression arrangements with some partner institutions in India, which allow advance entry to certain University of Leicester courses. Please contact the International Office for further information. If you do not meet the entry requirements for one of our courses, you can apply for an International Foundation Year run by the Global Study Centre. The GSC provides academic support to help you progress to your chosen undergraduate degree at the University of Leicester.