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  Quantitative Finance and Mathematics - MSc/PGDip


Heriot-Watt University    School of Mathematical and Computer Sciences

Full time & Part time September MSc, PGDip 9-12 months full time, 2 years part time
Economics (10) Mathematics (25)

FindAMasters summary

The MSc/PGDip in Quantitative Finance and Mathematics is an innovative programme that combines modern mathematical techniques with financial modelling. It goes beyond standard mathematics degrees by focusing on probability and stochastics. This one-year full-time course (or two-year part-time) offers practical skills in structured finance, preparing you for a successful career in the UK and internationally. With a wide range of optional courses, you can tailor your learning experience to suit your interests. The programme is designed for graduates with a strong mathematical background and a desire to excel in the dynamic and competitive finance industry.

About the course

This masters in Quantitative Finance and Mathematics course introduces innovative modern mathematical techniques and financial modelling. It focuses on probability and stochastics, which are often not included in standard mathematics degrees. It’s been designed to include the practical and pragmatic aspects of mathematical finance – offering you relevant and modern skills relating to structured finance in demand in the UK and internationally. The aim is to understand, both quantitatively and qualitatively, the risks and uncertainty involved. And, the wide range of optional courses offers you the chance to tailor your learning experience to suit your interests.

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Entry Requirements

Entry is aimed at graduates with strong mathematical knowledge and skills. A good honours degree in mathematics, statistics or a related subject with a substantial mathematical content is required. Motivation and a willingness to work hard are also important pre-requisites. We are looking to train those who not only have a strong background in mathematics, but who also possess the ability to communicate effectively, and have the desire to succeed in a dynamic and competitive industry. The programme is not suitable for finance professionals without graduate-level mathematical training.


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Scholarships

- This scholarship is available only for new full time students beginning in September 2019 and cannot be deferred.
- To receive the scholarship, you must be self-funding i.e not fully sponsored by your employer, a company or in receipt of a full scholarship from another source.
- The scholarship cannot be received in combination with any other Heriot-Watt fee-abatement award such as a partnership fee discount or alumni award.
- The scholarship cannot be used in lieu of any reduction to the deposit you are required to pay as part of the admissions process (applicable to international fee status students only).
- Payment of the scholarship will be paid as a fee abatement i.e. your fees will be automatically reduced by the amount awarded. Students will not be able to receive a cash alternative.
- This scholarship is applicable for ‘new’ students only, i.e. those who have not studied with us at any of our campuses before. Students who have studied with us previously will instead be eligible for our alumni award.

Value of Scholarship(s)

£1,500 - £3,000

Eligibility

You must be a self-funding student and have achieved, or be on track to achieve, the minimum academic entry criteria for the programme you wish to study from a fully recognised, high ranking institution. You must be studying full-time on our UK campuses and must begin your studies in September 2019.

Application Procedure

Eligible students will be identified as part of the academic admissions process and therefore you do not need to complete a separate application form. Successful candidates will have the award detailed on their offer letters and, where appropriate, their CAS letters for visa purposes. To secure your scholarship you simply accept your offer of a place to study with us.


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