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We've been helping students find the right postgraduate course for over a decade.
Masters degrees in Probability involve advanced study of the calculation of chance through mathematical methods. In other words, they aim to help you measure the likelihood of the occurrence of certain events.
Related postgraduate disciplines include Financial Mathematics, Operational Research and Actuarial Science. Entry requirements normally include a relevant undergraduate Mathematics degree.
Probability is a key practice in many fields, and is particularly helpful in negotiating the operations of activities within different sectors and professional practices, either to try and stop events from happening or increase the chances of them occurring.
This includes areas such as Environmental Science, particularly in relation to weather predictions, climate change and biodiversity. By surveying and collecting data about our current landscapes, professionals can estimate how likely it is that certain events will occur, and often the rate at which will they will happen. The extinction of a species is a common example of this.
Other fields include Actuarial Science, whereby financial investors can try to predict shortfalls in stocks or profits, and help to boost economic activity in areas such as insurance, banking and loans.
You may also be employed in industries such as healthcare, defence, aerospace, automotives, artificial intelligence and retail.
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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. Read more
You can study this Mathematical Sciences MSc programme full-time or part-time. It offers students the opportunity to specialise in a broad range of areas across pure and applied mathematics, statistics and probability, and theoretical physics. Read more
This cutting edge MSc programme will equip you with the mathematical, financial and computational skills needed to quantify and manage risk effectively in today’s finance, investment and insurance industries. Read more
The Department of Mathematics and Alliance Manchester Business School at the University of Manchester have combined their academic strength and practical expertise to deliver the MSc in Mathematical Finance (UK 1 year), ensuring that students can experience both the mathematical and economic perspective of the subject. Read more
The techniques we use to model and manipulate data guide the political, financial and social decisions that shape our modern society and are the basis of growth of the economy and success of businesses. Read more
This mathematically rigorous course is unique in providing training from three top departments at Warwick. It enables you to develop and apply the quantitative skills in machine learning, computational statistics and mathematical finance used in the financial markets and the finance industry. Read more
Excited by the role of mathematics in securing the modern electronics and communications that we all rely on? This intensive MSc programme explores the mathematics behind secure information and communications systems, in a department that is world renowned for research in the field. Read more
The Master in Actuarial Science at ISEG (University of Lisbon) offers a solid academic foundation in actuarial science, statistics and finance, providing you the skills to become a successful actuary. Read more
This programme will show you how to use mathematical techniques to tackle real-life problems ranging from scheduling flights and routing mobile phone calls to managing investments and minimising risks. Read more
Sussex has a prestigious international reputation and is ranked amongst the top 20 universities in the UK, with both departments ranked amongst the top 15 (Guardian University Guide 2018).
Warwick Business School is a world-class business school at the heart of the University of Warwick, a world-class university.
The Faculty of Science and Engineering (FSE) offers a large number of Master's programmes(overseen by our Graduate School of Science and Engineering).