Scottish and EU Students: £20,090 English, Northern Irish and Welsh Students: £20,090 Overseas students: £23,410
17 November 2017
This masters programme covers the advanced mathematics that has revolutionised finance since the works of Black, Scholes and Merton in the early seventies. This programme is aimed at those students who are passionate about mathematics and driven to make a career amongst the many and varied financial institutions throughout the world.
The programme, which is part of the Maxwell Institute for Mathematical Sciences, the joint research institute of mathematical sciences at the University of Edinburgh and Heriot-Watt University, provides an intensive training in the mathematical ideas and tools vital to the finance industry. By developing essential new mathematical concepts, especially in stochastic calculus, and placing the mathematics in the contexts of financial markets, derivative pricing and credit risk, the programme equips students for a range of exciting and potentially lucrative career opportunities.
The programme is delivered jointly between Heriot-Watt University and the University of Edinburgh. This means you will be enrolled as a student at both univerities and benefit from access to all the services and facilities each university has to offer.
Teaching is delivered by renowned academics from both Heriot-Watt and the University of Edinburgh - some classes will therefore take place at Heriot-Watt's campus and others at the University of Edinburgh campus. Successful students will graduate with a degree awarded jointly by Heriot-Watt and the University of Edinburgh and both names will appear on the graduation certificate.
Derivatives Markets Derivative Pricing and Financial Modelling Financial Markets Discrete-Time Finance Stochastic Analysis in finance Credit Risk Modelling Special Topics, including industry lead projects
Statistical Methods Financial Econometrics Time Series Analysis Modern Portfolio Theory Optimisation Methods in Finance Numerical Methods for PDEs Simulation in Finance Deterministic Optimisation Methods in Finance