The MSc Financial Mathematics draws on tools from applied mathematics, computer science, statistics and economic theory to prepare you for roles in which you will combine in-depth knowledge of financial products and risk with sophisticated technical and programming skills.
You will acquire solid knowledge of probability theory and stochastic processes, numerical analysis and programming languages, asset pricing theory and risk analysis, with special emphasis on valuation and risk management.
Typical career paths of graduates from our MSc Financial Mathematics include research positions (in both financial and academic institutions), or roles involving the development, management and improvement of derivatives models using advanced programming languages, and model validation such as Equity/Equity Derivatives Quant, Quantitative Financial Engineer, or Quantitative Risk Analyst.
This programme is rigorous with respect to the mathematics but also places great emphasis on linking theory with real world developments. You will often be exposed to the teaching of real world practitioners from the City of London.
Cass's proximity to the City of London, and our close links to many of its institutions, will help you to access outstanding networking and career opportunities.
Visit the website: http://www.cass.city.ac.uk/courses/masters/courses/financial-mathematics
There are two Induction Weeks The Financial Mathematics course starts with two compulsory induction weeks, focused on:
• an introduction to careers in finance and the opportunity to speak to representatives from over 75 companies during a number of different industry specific fairs.
• a reminder course of advanced financial mathematics, statistics and basic computing which forms a prerequisite of the core modules in term 1.
Attendance is mandatory.
To satisfy the requirements of the degree course students must complete:
• eight core courses (15 credits each)
• two additional core modules plus three electives (10 credits each)
• three electives (10 credits each) and an Applied Research Project (20 credits)
• one elective (10 credits) and a Business Research Project (40 credits)
Assessment of modules on the MSc in Financial Mathematics, in most cases, is by means of coursework and unseen examination. Coursework may consist of standard essays, individual and group presentations, group reports, classwork, unseen tests and problem sets. Please note that any group work may include an element of peer assessment.
Many graduates from the MSc in Financial Mathematics progress to one of two fields:
• derivatives valuation and portfolio management within investment houses
• research departments within banks and consultancy firms
Some examples of where graduates from the MSc in Financial Mathematics class of 2014 are working are:
• Bank of China - Management Trainee
• Santander - Credit Fraud Analyst
• Renaissance Re - Analyst
• Deutsche Bank - Bookrunner
How to apply
Apply here: http://www.city.ac.uk/study/postgraduate/applying-to-city
For information on funding, please follow this link: http://www.city.ac.uk/study/postgraduate/funding-and-financial-support