Financial Mathematics studies problems of financial decision by combining various techniques from pure and applied mathematics. This course covers a diverse range of topics, from classical options pricing theory to post-crisis financial mathematics on optimal hedging, investment and risk management.
Like any branch of applied mathematics, financial mathematics analyses a given problem by first building a mathematical model for it and then examining the model. Both steps require detailed knowledge in different areas of mathematics, including probability, statistics, optimisation, computer science and many more traditional fields of mathematics.
Our Financial Mathematics MSc is a unique course that encompasses the essential skills required for successful risk management, trading and research in quantitative finance: probability, statistics, optimisation, computing and financial markets.
You will explore probability theories, risk neutral valuation, stochastic analysis as well as interest rate and credit risk modules. We also offer you the opportunity to study an additional zero-credit supportive module called mathematical analysis for financial mathematics.
Who should take this course
The Financial Mathematics MSc enables graduates and professionals with a strong mathematical background to research, develop and apply quantitative and computational techniques to investment and risk management. Based in the Department of Mathematics, this course has a superb reputation for research-led teaching and strong links to industry.
Bachelor's degree with 2:1 honours degree in mathematics or mathematics based subject.
The Financial Mathematics MSc offers you the choice to study either full or part-time and is made up of optional and required modules. You must take modules totalling 180 credits to complete the course. If you are studying full-time, you will complete the course in one year, from September to September. If you are studying part-time, it will take two years to complete, you will study the required modules with some optional modules in the first year, and a further selection of required and optional modules including the 60-credit financial mathematics report module in your second year.
- Full time overseas fees:
About Course Provider
King's College London is one of the top 10 UK universities in the world (QS World University Rankings, 2018/19) and among the oldest in England.
King's vision is to make the world a better place, building on our history of pioneering research that has advanced and shaped modern life, such as: the discovery of the structure of DNA; research to better understand autism and develop life-changing therapies; informing air pollution awareness and policy; research that led to the development of radio, radar, television and mobile phones; and making maths available to the underprivileged. These are all ways that we are having a transformational impact on society.
Our intellectually rigorous teaching environment is coupled with a commitment to providing a rich and supportive student experience. We have more than 31,000 students (of whom nearly 12,800 are postgraduates, with 1,000 students enrolled in online masters courses) from 150 countries worldwide, meaning that students are part of a truly international community. Our 8,500 members of staff collaborate with students to help them get the most out of their degree. Many of our academics are also researchers working within and influencing their industries, meaning that students learn the latest thinking and understand its practical and contemporary relevance.
King's College London and Guy's and St Thomas', King's College Hospital and South London and Maudsley NHS Foundation Trusts are part of King's Health Partners. King's Health Partners Academic Health Sciences Centre (AHSC) is a pioneering global collaboration between one of the world's leading research-led universities and three of London's most successful NHS Foundation Trusts, including leading teaching hospitals and comprehensive mental health services.
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