MSc Financial Mathematics
Combining financial modules taught by the Business School with mathematics modules taught by staff from the School of Mathematics, you benefit from a unique programme delivered by lecturers who are leading the research field.
There is the option to take a professional, non dissertation route in which you would cover Optimisation Methods for Finance, Current Issues in Finance and an additional finance module.
The programme has been designed so that successful candidates are ‘market-ready’ upon graduation, equipped with the skills and knowledge that are highly sought after in the financial sector particularly banks, investment and consultancy companies.
This Masters programme is also an excellent qualification if you are seeking to pursue further postgraduate study.
Why I chose to study at Leeds University Business School
Professionally recognised
Our Financial Mathematics Masters programme is EPSRC recognised.
You will have access to advanced, specialised research units including the International Institute of Banking and Finance Services (IIBFS), the Credit Management Research Centre (CMRC) and the Centre for Advanced Study in Finance (CASIF). These research units have strong links with leading universities in the US, Europe and Asia.
CASIF is unique to the University of Leeds and brings together the expertise of many different departments, which ensures that you receive the best academic, technical and research support available.
| Length of Course | 12 Months |
| Mode of Delivery | Full-Time |
| Start Date | September |
| Related Courses | MSc Accounting and Finance, MSc Banking and International Finance, and MSc Economics and Finance |
| Compulsory Modules | Dissertation Route | Non Dissertation Route |
|---|---|---|
| Computations in Finance | Research Methods in Financial Mathematics | Current Issues in Finance |
| Continuous Time Finance | Dissertation | Optimisation Methods in Finance |
| Corporate Finance | Plus 2 of the below: | Plus 2 of the below: |
| Discrete Time Finance | Financial Derivatives | Financial Derivatives |
| Applied Statistics and Probability | Risk & Insurance | Risk & Insurance |
| Mathematical Review | Security Investment Analysis | Security Investment Analysis |
| Risk Management | Portfolio Risk Management | Portfolio Risk Management |
| Models in Actuarial Science | Models in Actuarial Science | |
| Also one option from the below: | ||
| Consumer & Corporate Credit | ||
| Securities Markets Microstructure |
For further details please see the Taught Masters Programmes brochure.
Qualificaton Requirements
- You should have a good first degree (2:1 or higher) in a relevant subject e.g. accounting, finance, economics, mathematics, physics or computing.
- If you are not from the UK please visit equivalent qualifications to find out about entry requirements from non-UK countries.
English Language Requirements
If English is not your first language you need to attain one of the following:
TOEFL iBT: At least 92 overall with a minimum of 21 in Listening, 21 in Reading, 23 in Speaking and 22 in Writing.
- IELTS test you need to achieve a score of 6 or more in each section and an overall score of 6.5.
Fees
| 2013 | MSc Financial Mathematics |
| UK/EU: | £9,000 |
| International: | £18,000 |
Scholarships
There are numerous scholarships which Financial Mathematics students are eligible for.

- Ida Andreasen
Ida Andreasen
The lectures were of a very high quality and the helpfulness of the lecturers stood out. There seemed to be much more focus on the individual student than what I was used to from Copenhagen.”
Ida Andreasen, Royal Bank of Scotland. Read more

