StudyLink logoHome
Students on a university campus

Statistics with Financial Mathematics, MSc, University of Sheffield

the United Kingdom

University of Sheffield

Study options for this course

The award How you will study Study duration Course start Domestic course fees International course fees
MScFull-time1 yearSeptember--
MScPart-time, Distance2 - 3 yearsSeptember--

About Statistics with Financial Mathematics, MSc - at University of Sheffield

Develop your understanding of a variety of statistical techniques and explore mathematical concepts, models and tools used in the finance industry.

Our MSc Statistics with Financial Mathematics course trains you to apply the probabilistic, statistical and mathematical techniques that are used in the finance industry.

Through our MSc Statistics with Financial Mathematics course you’ll develop the knowledge and experience needed to work in financial services such as banking, insurance and investments. You'll also develop the problem solving and data analysis skills employers value in roles spanning consultancy, data science, public administration and research.

You’ll explore key financial topics such as the Capital Asset Pricing Model, the Black-Scholes option pricing formula, and stochastic processes. In addition to this, you’ll learn important statistical techniques and concepts, including linear and generalised linear modelling and Bayesian statistics. You’ll also master the ability to analyse and draw meaningful conclusions from data, and grow your programming skills using the statistical computing software R.

You’ll spend around a third of your time working on your dissertation, under the supervision of an active researcher who is an expert in their field. This may focus on investigating a data set, or a more theoretical or methodological topic. You’ll blend theoretical knowledge with practical skills, developing project planning, data acquisition, problem specification and analysis skills. You’ll also learn how to present statistical information, and gain experience communicating your findings verbally and in writing.

Examples of recent dissertation topics include:

  • Financial modelling with Lévy processes
  • Monte Carlo Simulation, Variance Reduction and Applications to Option Pricing

Dissertation topics are often provided by external clients, such as pharmaceutical companies or sports modelling organisations. Distance learning students also often come with projects designed by their employer.

Accreditation

Accredited by the Royal Statistical Society

Notes about fees for this course

Please see our website for the most up-to-date fees information.

Entry requirements

Please visit our website to see the entry requirements for this course, including English Language requirements. and Pathway Programmes.

Courses you may be interested in at other institutions

Below are some suggested courses at other providers that you may also be interested in:

Quantum Science & Technology MSc

Abbe School of Photonics

Find out more

Computer Science BS

Webster Geneva Campus

Find out more

Global Digital Marketing MSc

University of Essex Online

Find out more

Statistics - Data Science MSc

The University of Haifa

Find out more

Economics of Sustainability Master

Erasmus School of Economics, Erasmus University Rotterdam

Find out more

Cultural Heritage: Sciences, Technologies and Diagnostics BSc

Dipartimento di Scienze della Terra, University of Milan

Find out more

Postgraduate pathways and pre-masters at other institutions

If you do not meet the entry requirements for this course then consider one of these postgraduate preparation courses from another institution:

Visual Arts

KdG University of Applied Sciences and Arts

Find out more

Graduate Certificate (Birmingham)

Ulster University London and Birmingham

Find out more

Interior Design

University of the Arts London (UAL)

Find out more

Graduate Dilpoma: Art & Design - January Start

University for the Creative Arts (UCA)

Find out more
See all Postgraduate pathway courses

Other courses at University of Sheffield

There are 265 other courses listed from University of Sheffield. A selection of these are displayed below:

Advanced Clinical Practice (GP) MMedSci

University of Sheffield

Find out more

Advanced Clinical Practice (Neonatal) MMedSci

University of Sheffield

Find out more

Advanced Computer Science MSc

University of Sheffield

Find out more
View all 265 courses at University of Sheffield

Stay Ahead with the Latest Study Abroad Updates!

Join the StudyLink email list and never miss a chance to turn your study abroad dreams into reality!

  • Discover exciting opportunities from top universities worldwide
  • Get expert insights and higher education news to guide your choices
  • Receive exclusive tips, advice, and resources to make your journey smoother
Sign up now and take the first step toward your global education adventure!
Students with books and test tubes

Related Information

See other universities in Sheffield

Find out more about studying in the United Kingdom