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Financial Mathematics at University of Liverpool - UCAS

Course summary

This MSc Financial Mathematics programme will equip you with the mathematical and computational skills required in the finance and insurance industries.

  • Probability theory, stochastic analysis and mathematical modelling
  • Computational methods
  • Financial derivatives
  • Risk management
  • Econometrics
This program is ideal for professionals with mathematical background who would like to start, or further develop a career in the finance and insurance industries. It is also an excellent training ground for students wishing to embark upon a research degree (PhD) in financial or actuarial mathematics. The 12-month programme consists of seven taught compulsory modules plus one taught elective module, followed by a research project carried out over the summer period upon completion of Semester Two. The later project offers the opportunity to undertake an in-depth study of a topic of your choice and supervised by an expert in the field. The program is taught by members of the Institute for Financial and Actuarial Mathematics which is part of the Department of Mathematical Sciences jointly with members of the Management School. Employability We listen to employers’ needs. Alongside key problem-solving skills, employers require strong communication skills. These are integral to this programme. Teaching quality We are proud of our record on teaching quality, with five members of the Department having received the prestigious Sir Alastair Pilkington Award for Teaching. We care about each student and you will find the staff friendly and approachable. Accessibility We take students from a wide variety of educational backgrounds and we work hard to give everyone the opportunity to improve. Supportive atmosphere We provide high quality supervision, teaching and IT support. You will benefit from the friendly and supportive atmosphere in the Department, as evidenced by student feedback available on our university website. A common room and kitchen for the exclusive use of the Department’s students, and a lively maths society help to foster a friendly and supportive environment.


How to apply

International applicants

International qualifications Applications from international students are welcome. International qualifications will be evaluated in line with the National Recognition Information Centre (NARIC) guidelines. English language qualifications All applicants must have reached a minimum required standard of English language and are required to provide evidence of this. Qualifications accepted by the University can be found on our International webpages. Please see www.liv.ac.uk/international for English Language requirements specific to your country. If you meet the academic requirements of the course but do not have the required level of English Language, it is possible for you to come and study at the University on one of our Pre-sessional EAP programmes. Please see the English Language Centre website for further information about these programmes; www.liv.ac.uk/english-language-centre/pre-sessional-eap. If you require additional English Language training during your study, the University is able to provide tuition and arrange IELTS tests through its English Language Centre, details of which are available at www.liverpool.ac.uk/english-language-centre.

Entry requirements

This is a challenging programme so you’ll need a good first degree (2:1 Hons or equivalent) in Mathematics, Mathematical Sciences, Financial Mathematics, Computer Science, Engineering or a subject with substantial mathematical content.


Fees and funding

Tuition fees

No fee information has been provided for this course

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

Please visit the University of Liverpool course page for up to date fee information.
Financial Mathematics at University of Liverpool - UCAS