MSc Financial Mathematics

Programme Director: Dr Marcus C Christiansenimage001

Programme Codes: F717

For further information about course choices consult:

 


Preparatory Reading

Suggested reading list:

  • An introductory book on Mathematical Finance: Financial Calculus: An Introduction to derivative pricing by Martin Baxter & Andrew Rennie
  • An intermediate-level book on Mathematical Finance: Introduction to Stochastic Calculus Applied to Finance (second edition) by Damien Lamberton & Bernard Lapeyre
  • A classical book on Stochastic Processes in Discrete-Time: Probability with Martingales by David Williams

Semester 1 Timetable

Semester 2 Timetable_HWU Courses

Semester 2 Timetable_UoE Courses

Compulsory Courses

HW Code UoE Code Title Semester Credits
F71SF MATH11154 Stochastic Analysis in Finance 1 20
F71DT MATH11153 Discrete-Time Finance 1 10
F71DM MATH11056 Derivative Markets 1 7.5
C31FM MATH11065 Financial Markets 1 15
F71TA MATH11058 Special Topics 1 1 7.5
F71CM MATH11130 Credit Risk Modelling 2 15
F71DP MATH11057 Derivative Pricing and Financial Modelling 2 15
F71TB MATH11059 Special Topics 2 2 7.5
F71FD MATH11013 MSc Dissertation 2/3 60

 

Optional Courses

HW Code UoE Title Semester Credits
F71ST MATH11129 Statistical Inference* 1 7.5
F71SM MATH11070 Statistical Methods* 1 15
F71SC MATH11150 Stochastic Control and Dynamic Asset Allocation 2 10
F71OM MATH11158 Optimisation Methods in Finance 2 10
F70SB MATH10015 Simulation 2 10
F71NT MATH11068 Numerical Techniques for PDEs 2 7.5
F71TS MATH11062 Time Series Analysis 2 7.5
F71PT MATH11149 Portfolio Theory 2 15
C21FE MATH11064 Financial Econometrics 2 7.5

Students should choose courses that are worth a total of between 22.5 and 30 credits.

* Note: Only one of Statistical Methods and Statistical Inference can be selected.