King's College London
MSc in Financial Mathematics
Are you ready to apply? If so, go here. Please note the mathematical background requirements noted below.
If you are thinking of studying for an MSc in Financial Mathematics in the major financial centre of London, then consider the King's MSc. In the 2008 Research Assessment Exercise, the KCL Applied Mathematics unit (containing Financial Maths) had 65% of its research judged "internationally excellent" or "world leading", the highest such figure recorded by any London college in applied mathematics, and close to the UK national maximum in applied mathematics of 75%.The MSc in Financial Mathematics at King's College London is designed with the following three functions in mind.
(a) Full-time students are expected to acquire knowledge and understanding of the subject that will equip them to enter competitively the pool of potential employees of investment banks and other financial institutions.
(b) Part-time students are expected to enhance their skills in the subject to a degree that can bring a high level of fresh knowledge and expertise to their firms, and can lead to a significant upgrading of their career prospects.
(c) Students who aspire to a research degree in mathematical finance are expected to acquire a sound grasp of the background knowledge and mathematical technique required for this.
The degree course begins in September and entails either one year of full-time study, or it may be taken part-time over two years. The programme, which is designed to be compatible with the needs of those already employed in the financial sector, is based on a series of eight lecture courses, followed by examinations. The lecture courses cover a wide range of material in financial mathematics and important related areas of mathematics.
Additionally, each candidate deepens their understanding of the subject by completing a research project in some area within the broader spectrum of Financial Mathematics. The project involves a thorough investigation and analysis of a chosen topic at a postgraduate level. It has to be original in the sense that it should present a new account of the material reflecting the candidate's understanding of the subject. However, it does not necessarily have to contain new mathematical results as such.
Although it is not a requirement as such, students are also strongly encouraged to attend the Financial Mathematics seminar series. These will provide them the chance to acquaint themselves with some of the current research developments in the area.
To register for the MSc Degree in Financial Mathematics, applicants should have at least an upper Second Class Honours degree, or its equivalent, in Mathematics, Physics, Economics or another suitable mathematical discipline. A strong mathematical background is essential for entry into the programme. Applications from overseas students are welcome. Wherever possible applications should included information as to the detailed mathematical content of courses taken. It is not sufficient, e.g. to provide a transcript with items such as "Mathematics IV XX%" - we need to know what you did in "Mathematics IV".
For descriptions of the syllabi of the lecture courses, see:
More information can be found in the following links:
[Financial Mathematics] [KCl Mathematics] [King's College]