Financial Mathematics MSc/PGDip/PGCert

Overview

This MSc Financial Mathematics programme will equip you with the mathematical and computational skills required in the finance and insurance industries.

- Probability theory, stochastic analysis and mathematical modelling

- Computational methods

- Financial derivatives

- Risk management

- Econometrics

This program is ideal for professionals with mathematical background who would like to start, or further develop a career in the finance and insurance industries. It is also an excellent training ground for students wishing to embark upon a research degree (PhD) in financial or actuarial mathematics.

The 12-month programme consists of seven taught compulsory modules plus one taught elective module, followed by a research project carried out over the summer period upon completion of Semester Two. The later project offers the opportunity to undertake an in-depth study of a topic of your choice and supervised by an expert in the field. The program is taught by members of the Institute for Financial and Actuarial Mathematics which is part of the Department of Mathematical Sciences jointly with members of the Management School.

Career prospects

Graduates of the MSc and PhD programmes move on to many different careers. Recent graduates have moved into fast track teacher programmes, jobs in finance (actuarial, banking, insurance), software development, drugs testing and defence work, as well as University postdoctoral or lecturing posts. The MSc programme is of course a natural route into doctoral study in Mathematics and related fields, both at Liverpool and elsewhere. Some of our PhD students move on to postdoctoral positions and to academic teaching jobs and jobs in research institutes, both in the UK and elsewhere.

Students can also exit with Pgdip/PgCert awards.