Mathematical Finance (Distance Learning) at University of York - UCAS

University of York

Degree level: Postgraduate

Mathematical Finance (Distance Learning) (Taught)

There are other course options available which may have a different vacancy status or entry requirements – view the full list of options

Course summary

This distance learning programme builds on the strength and success of the campus-based taught MSc Mathematical Finance at the University of York. The online MSc was launched in September 2009 to run alongside the campus-based programme. Applications are invited for the intake of students in September or February. Candidates should submit their application at least two weeks before an intake is due to start. A online Pre-sessional Programme is available for candidates who need to strengthen or consolidate their mathematics background before embarking on the MSc. Such candidates need to apply at least three months before an MSc intake is due to start. Online students will be developing skills and competence in Mathematical and Quantitative Finance which are of direct relevance in the field of work, and can open up fantastic employment and progression opportunities. Please see the Careers section. The online programme has built-in flexibility to meet the needs of distance learners from diverse backgrounds: City and other professionals, who wish to pursue a postgraduate degree programme without disrupting their career commitments; Individuals, companies and professional organisations seeking suitable Continuing Professional Development (CPD) courses; Recent university graduates who need to support themselves or their families while continuing their studies to postgraduate level; Students who find it difficult to attend a campus-based programme because of a variety of reasons such as family care commitments or disability; Overseas students who seek a degree in Mathematical Finance from a leading British university but prefer to pursue their studies from their home country.


The online MSc programme consists of three stages: Certificate, Diploma and Dissertation, preceded by a brief Induction Module.

Assessment method

Assessment is by means of written coursework submitted electronically and a recorded online Viva Voce (an oral examination) held at the end of each of the three stages (Certificate, Diploma, Dissertation) of the programme.

Entry requirements

We require either: an undergraduate (BSc) degree equivalent to a class 2:1 or higher UK degree in a mathematically based discipline or an undergraduate (BSc) degree equivalent to a class 2:2 or higher UK degree in a mathematically based discipline and completing the online pre-sessional course "Mathematics for Quantitative Finance" with a final grade of at least 60%. Mathematically based disciplines include Mathematics, Physics, Statistics, Chemistry, Computer Science, Electronics or Enginneering, but candidates with a sufficiently strong mathematical background from other areas such as Biology, Economics or Finance will also be considered. We welcome applications from candidates with postgraduate degrees (for example, MSc, MBA, PhD) either in a mathematical subject or in a finance related subject combined with sufficient mathematical background. Each applicant will be assessed individually to ensure that his/her mathematical background is appropriate. We are looking for a minimum of two years (four semesters or six trimesters) of university level courses in mathematics, including calculus, linear algebra, probability and statistics, with good marks. We offer a distance learning Pre-Sessional Programme for candidates who need to strengthen or consoliate their mathematics before starting the MSc. Professional experience is also taken into account when assessing applications. In particular, professional experience in quantitative finance is considered a strong advantage, which can compensate to some extent for the lack of formal mathematical training. Overseas students would also need to achieve: IELTS: 6.5, with no less than 5.5 in each component PTE: 61, with no less than 51 in each component CAE and CPE (from January 2015): 176, with no less than 162 in each component CAE (before January 2015): 65, with 'Good' in Writing CPE (before January 2015): C TOEFL: 87, with a minimum of 17 in Listening, 18 in Reading, 20 in Speaking and 17 in Writing Trinity ISE: level 3 with Merit in all components

Fees and funding

Tuition fees

Republic of Ireland £7495 Year 1
EU £7495 Year 1
England £7495 Year 1
Northern Ireland £7495 Year 1
Scotland £7495 Year 1
Wales £7495 Year 1
Channel Islands £7495 Year 1
International £7495 Year 1

Additional fee information

For additional information please see our web pages at:

Sponsorship information

A range of scholarships and studentships are available at postgraduate level. Some scholarships are funded by the University (such as the York Master's Opportunity Scholarship) and some are funded by Research Councils, alumni, businesses and charities. Please check with the provider for details.

Mathematical Finance (Distance Learning) at University of York - UCAS