This is an exciting and intensive one-year taught postgraduate programme. Our team of dedicated lecturers and support staff help to keep the course one of our most popular. In 2007/08 the class consisted of 43 students from 14 different countries.

The department, the University as a whole and the historic City of York provide a uniquely attractive environment in which to live and study.

On this MSc programme you will develop skills and competence in Mathematical Finance which are of direct relevance in the field of work. For details of the courses offered please see Programme structure: Full Time or Programme structure: Part Time or MSc in Mathematical Finance by Online Distance Learning.

The MSc in Mathematical Finance opens up fantastic employment opportunities to successful graduates at/in:

• investment banks
• hedge funds
• insurance companies
• stock brokerage
• unit trusts
• pension funds
• corporate finance departments
• other financial institutions worldwide

Graduates can embark on careers in trading and pricing derivative financial securities (options, futures, forwards, and the like), fund management, risk management, research and development, or pursue further study to PhD level. For more information about career opportunities, please visit the Career opportunities section.

The course began at York in October 2005, having formerly been offered by the University of Hull. The course is delivered by an experienced team and it has recently seen the addition of two new modules: Modelling of Bonds, Term Structure, and Interest Rate Derivatives and C++ Programming with Applications in Finance. You will also receive Transferable and Generic Skills training, along with the option of choosing various modules to add to the variety of the programme.

Applications and Enquiries

Please go to the Enquiries & How to apply section. Enquiries and requests for printed information should be directed to:

• Graduate Secretary, Department of Mathematics, University of York, York YO10 5DD, United Kingdom, tel: +44-(0)1904-433097, fax: +44-(0)1904-433071, email: maths-graduate-admissions@york.ac.uk

or

• Dr. Alet Roux, Admissions Tutor for Mathematical Finance Programmes, email: ar521@york.ac.uk

Candidates are expected to have a good honours undergraduate degree in a mathematics-based subject (in a widely understood sense, including certain degrees in science). If your undergraduate degree is in business, finance or economics with sufficiently strong mathematics background (equivalent to at least two years of university level mathematics courses), then we encourage you to apply also. We welcome students with recent degrees as well as those with work experience in related disciplines and professions.

Conversion Year

If you have a strong first degree in a non-mathematical discipline and your mathematical background is not quite sufficient for direct entry to the MSc programme, then you are eligible to apply for the Conversion Year. This is a nine-month (October till June) foundation programme consisting of a selection of modules from the undergraduate Mathematical Finance programme. Upon successful completion of the Conversion Year, students are guaranteed a place on the MSc in Mathematical Finance in the following academic year.