MSc Statistics with Financial Mathematics

About the course

Graduates with skills in these areas are in demand. The course is about applying probabilistic, statistical and mathematical techniques in the finance industry. It’s based on the MSc in Statistics with additional training in the concepts, models and tools of modern mathematical finance. Accredited by the Royal Statistical Society.

Entry requirements

Minimum 2:1 honours degree in mathematics, which must include a significant proportion of modern theorem and proof-based mathematics. A strong performance in a module based on rigorous mathematical analysis is essential. Your degree must also include a substantial component in statistics and probability theory.

Modules

• Data Analysis
• Statistical Laboratory
• Linear Models
• Inference
• Introductory Mathematical Finance and Time Series
• Stochastic Processes and Finance

Teaching

• Lectures
• Tutorials
• Computing sessions
• Group work
• Student presentations
• Role-play

The distance learning option uses:

• The web
• Email and phone support
• Residential weeks

Assessment

• Formal exams
• Project work
• Dissertation

Your career

Our graduates have gone on to careers in finance, manufacturing companies, pharmaceutical companies, government agencies and research institutes with major organisations like First Direct, GlaxoSmithKline, Marks and Spencer, the Government Statistical Service and Medical Research Council units.

Our courses will also prepare you for PhD-level research.

About us

Our teaching staff are engaged nationally and internationally, as officers or committee members of societies and organisations, and as speakers at conferences. They bring new and emerging ideas into the classroom so you can see how research is improving on existing approaches.

Our Statistical Services Unit provides services to industry, commerce and the public sector, including consultancy, training courses and computer software development. If you're taking a statistics course, you'll have the opportunity to observe the work of the unit, giving you valuable insight into the job of a statistical consultant. You may also have the chance to work on a project with an external organisation.

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Learning environment

As a full-time student, you'll have access to study space in an open plan office with other postgraduates.

Different ways to study

You can study full time over a year by attending lectures in Sheffield or part time over two to three years via online distance learning. Full time students and distance learning students work together on some group projects.

Apply now

You can apply for postgraduate study using our Postgraduate Online Application Form. It is a quick and easy process.

Postgraduate Online Application Form