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MMath Financial Mathematics

Brunel University London, United Kingdom
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Course Overview

The MMath Financial Mathematics course at Brunel University London provides students with a deep understanding of mathematical concepts and their applications in the financial industry. The course covers topics such as financial markets, asset pricing, risk management, and financial modeling, giving students the skills and knowledge required to succeed in this field. Students will also have the opportunity to gain practical experience through internships and projects with leading financial institutions.

Additional Information

The MMath Financial Mathematics course is designed for students who want to pursue a career in the financial industry, including investment banks, hedge funds, and insurance companies. The course is also suitable for students who want to pursue further study in this field, such as a PhD in Financial Mathematics.

Join Brunel University London for an Unparalleled Education in Financial Mathematics

Brunel University London is a leading institution for financial mathematics education, with a strong reputation for producing highly skilled graduates who are in demand by top financial institutions. The university's location in London provides students with access to a vibrant and diverse financial industry, offering a unique opportunity for practical learning and networking opportunities.

Why You Should Study This Course

Mathematics is a fundamental subject that is critical to our understanding of the world. Through the study of mathematics, you’ll advance your problem-solving skills, develop your reasoning and increase your analytical thinking. This is why mathematics forms a basis for so many careers. Yes – it is a discipline in its own right, but it is also the thinking behind countless commercial, industrial and technological activities. Mathematical models underpin engineering, the applied sciences, computing and many aspects of management today.

With the Financial Mathematics MMath you’ll study for a further year and bring your BSc degree to master’s standard. This means you’ll be able to get that competitive edge when you apply for jobs without having to go through the application process again after Level 3.

Two-thirds of your course is shared with the MMath in Mathematics. This covers several application areas – finance, statistics, operational research (i.e. how maths can be applied to commercial and industrial problems) and numerical analysis. The remaining third covers the key principles of finance.

General Eligibility

  • GCE A-level ABB, including grade A in Mathematics or Further Mathematics.

  • BTEC Level 3 Extended Diploma DDM in any subject plus A-level Mathematics or Further Mathematics at grade A.

  • BTEC Level 3 Diploma DM in any subject with an A-level Mathematics or Further Mathematics at grade A.

  • BTEC Level 3 Subsidiary Diploma M in any subject with A-levels grades AB including Mathematics or Further Mathematics.

  • International Baccalaureate Diploma 31 points, including 6 in Higher Level Mathematics.

  • Access to Higher Education Diploma Access courses is not accepted for MMaths entry. Access students are encouraged to apply for the BSc degree in this subject and if they achieve sufficient grades in year one of the course they can discuss transferring to the MMath.

  • T levels: Not accepted.

Part Time Work Details

20 hours of work permit weekly for international students.

What You'll Study

1 Year 1

Compulsory

  • Calculus

  • Fundamentals Core: Element 1

  • Linear Algebra

  • Elements of Applied Mathematics

  • Probability and Statistics I

  • Programming and Mathematical Projects

2 Year 2

Compulsory

  • Multivariable Calculus

  • Mathematics of Deep Learning

  • Elements of Investment Mathematics

  • Probability and Statistics II

  • Discrete Mathematics and Operational Research

  • Professional Development and Project Work

3 Year 3

Compulsory

  • Mathematical Finance

  • Risk and Optimisation for Financial Planning

  • Financial Mathematics Final Year Project

Optional

  • Ordinary and Partial Differential Equations

  • Numerical Methods for Differential Equations

  • Statistics III

  • Stochastic Models

4 Year 4

Compulsory

  • Probability and Stochastics

  • Option Pricing Theory

  • Research Methods and Case Studies

  • Advanced Project

Optional

  • Financial Computing I

  • Advanced Mathematical Methods

  • Interest Rate Theory

  • Fundamentals of Machine Learning

  • Cryptocurrencies and Blockchain Technology

  • Network Models

  • Time Series Modelling

Language Requirement

  • IELTS5.5
  • TOEFL59
  • PTE50
  • Duolingo69
  • IELTS: 6 (min 5.5 in all areas)

  • Pearson: 59 (59 in all subscores)

  • BrunELT: 58% (min 55% in all areas)

  • TOEFL: 77 (min R18, L17, S20, W17) 

Additional Information

This course is available: 4 years full-time with placement

Ready to get started?

For any enquiries or further details, please don't hesitate to contact us. Let's take the next step in your academic journey together.

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