Course summary
One of our most popular courses, MSc Mathematics and Finance allows those with a background in mathematics to study finance. Since finance routinely involves modelling and evaluating risk, asset pricing and price forecasting, mathematics has become an indispensable tool for this study. You explore topics including:
- Models and mathematics in portfolio management
- Risk management in modern banking
- Financial modelling
- Actuarial modelling
- Applied statistics
- Our data scientists carefully consider how not to lie, and how not to get lied to with data. Interpreting data correctly is especially important because much of our data science research is applied directly or indirectly to social policies, including health, care and education.
- We do practical research with financial data (for example, assessing the risk of collapse of the UK’s banking system) as well as theoretical research in financial instruments such as insurance policies or asset portfolios.
- We also research how physical processes develop in time and space. Applications of this range from modelling epilepsy to modelling electronic cables.
- Our optimisation experts work out how to do the same job with less resource, or how to do more with the same resource.
- Our pure maths group are currently working on two new funded projects entitled ‘Machine learning for recognising tangled 3D objects’ and ‘Searching for gems in the landscape of cyclically presented groups’.
- We also do research into mathematical education and use exciting technologies such as electroencephalography or eye tracking to measure exactly what a learner is feeling. Our research aims to encourage the implementation of ‘the four Cs’ of modern education, which are critical thinking, communication, collaboration, and creativity.
Modules
You can tailor your learning experience with a choice of optional modules. More information about these can be found on the University of Essex website
Entry requirements
Entry requirements for this course can be found on the course finder on the University of Essex website – www.essex.ac.uk
Fees and funding
Tuition fees
| England | £10000 | Year 1 |
| Northern Ireland | £10000 | Year 1 |
| Scotland | £10000 | Year 1 |
| Wales | £10000 | Year 1 |
| Channel Islands | £10000 | Year 1 |
| Republic of Ireland | £10000 | Year 1 |
| EU | £21700 | Year 1 |
| International | £21700 | Year 1 |
Tuition fee status depends on a number of criteria and varies according to where in the UK you will study. For further guidance on the criteria for home or overseas tuition fees, please refer to the UKCISA website .
Additional fee information
Fees displayed are for 2024-25 entry. Fees for part-time courses are calculated pro-rata to the relevant full-time fee.
Tuition fees may be subject to annual increases in each year of study in line with inflation.
Sponsorship information
Research councils and some University of Essex studentships available.
Provider information
University of Essex
Wivenhoe Park
Colchester
CO4 3SQ