2020 start
MSc

Statistics with Financial Mathematics

School of Mathematics and Statistics, Faculty of Science

This course is based on MSc Statistics with additional training in the concepts, models and tools of modern mathematical finance.
Group of postgraduate students from the Department of Maths and Statistics sitting around table on red chairs

Course description

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

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Accredited by the Royal Statistical Society

Modules

Core modules

  • Professional Skills for Statisticians
  • Statistical Laboratory
  • Linear Models
  • Inference
  • Financial Mathematics
  • Machine Learning and Time Series
  • Stochastic Processes and Finance

Teaching

There are lectures, tutorials and computing sessions. You’ll do group work, presentations and role play. Most statistics lectures are recorded so you can watch them again later.

The distance learning option is taught online with support via email and an online forum. Distance learners also come to the University for residential weeks. 

Assessment

You’re assessed by exams, project work and a dissertation.

Duration

  • 1 year full-time
  • 2-3 years part-time by distance learning
Group of postgraduate students from the Department of Maths and Statistics sitting around table on red chairs

I’m in a position now where I feel I can do whatever I want with the coming years. For someone formerly in the rat-race, it’s a truly liberating feeling.

Kristian Brock
MSc Statistics with Financial Mathematics

Entry requirements

We usually ask for a 2:1 honours degree in mathematics, or equivalent, 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. 

Not quite ready for a masters course yet?

We also offer a Graduate Certificate in Statistics. This nine-month, part-time course is designed for students who need extra training to qualify for one of our masters degrees. It’s taught by distance learning, so you only need to be in Sheffield for your exams in June.

English language requirements

Overall IELTS score of 6.5 with a minimum of 6.0 in each component, or equivalent.

Entry requirements for international students

Fees and funding

The University of Sheffield has scholarships available to support masters students. Students on our MSc Statistics with Financial Mathematics course often have the costs of their degree covered by their employer.

Financial information for postgraduate taught courses

Apply

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

Apply now

Contact

postgradmaths-enquiry@shef.ac.uk
+44 114 222 3789

The course information set out here may change before you begin, particularly if you are applying significantly in advance of the start date.