About Financial Mathematics And Computation Msc 1yr in University of Leicester
Quantitative finance is widely recognised as a rapidly expanding market for mathematical and scientific skills. Financial Mathematics is an application of mathematical methods to financial markets and risk management, using advanced computer technology to predict the behaviour of the markets and suggest strategies for investment. The focus of this MSc is on computational techniques for finance, on mathematical modelling and on mathematical and economic theories of finance.
On this course you will learn how to formulate problems from finance in mathematical terms, select and develop an appropriate numerical method, use programming skills to implement the method and compute results, and finally to present and interpret these results for a potential client.
What's the difference?
If you complete the modules but not the project, you will qualify for a Postgraduate Diploma (PGDip). If you complete only some of the modules, you may qualify for a Postgraduate Certificate (PGCert).
Academic qualification equivalents
English language requirements (one of the below):
- IELTS : 7.0 overall including 6.5 in Writing and 5.5 in Reading, Listening and Speaking.
- TOEFL IBT: 100 overall including 24 in Writing, 18 in Reading, 17 in Listening and 20 in Speaking.
- PTE: 68 overall including 62 in Writing, and 51 in Reading, Listening and Speaking.
University of Leicester Highlights
University Type |
Public |
Establishment Year |
1921 |
Location |
Leicester, England |
Campus Setting |
Urban |
No. of campuses |
1 |
On campus accommodation |
Available |
Accreditation Agency |
Athena SWAN Award/ Stonewall Diversity Champion/ Coeliac UK |
Mode of Program |
Full-time/ part-time/ online |
University of Leicester Cost of Attendance
The estimated fee payable by international students for the 2020/2021 academic session is presented on the table below:
Fees |
Undergraduate (GBP) |
Postgraduate (GBP) |
Tuition Fee |
14000 |
19,400 – 21,515 |
Rent |
4,830 |
4,830 |
Food |
1,750 |
1,750 |
Utilities (gas, electric, water) |
525 |
525 |
Course costs(books & copying) |
420 |
420 |
Travel |
1,200 |
1,200 |
Personal |
1,400 |
1,400 |
Total |
28,125 – 32,125 |
29,525 – 30,925 |
Note: The above-listed fees are just estimated as the actual amount may be lower or higher than what is listed above.
University of Leicester Application Process
University of Leicester welcomes applications from both EU and non-EU students. There might be additional requirements for international student admissions. Also, specific courses have their own requirements. The standard admission process has been described below.
How to Apply?
The steps to be followed while applying for admission to the University of Leicester are as follows:
Application Fees: 25 GBP for applying through UCAS; Postgraduate application is free for almost all courses. Some postgraduate courses require an application fee.
Application Deadline: UG applicants: UCAS application deadline – June 30; Medicine and Dentistry programs – October 15; PG applicants – Varies according to program
Entry Requirements: The entry requirements for undergraduate and postgraduate applicants must be fulfilled before applying:
- Undergraduate:
- Completed the standard XII by the ICSE/CBSE, or another recognized state exam board, with at least 75% overall or higher depending on the course.
- Undergraduate applicants with incomplete entry requirements can apply for an International Foundation Program which provides academic support to help applicants progress to his/her chosen undergraduate degree at the University.
- Postgraduate: A Bachelor's degree with a First class classification and an average of at least 60/75% (depending on the chosen course).
Supporting Documents: The following documents must be submitted at the time of admission:
- Official high school or college/ university transcripts/certificates
- Degree certificates
- References
- Personal Letter
- Program-specific requirements
- English Language Test
- Resume
- Passport details
English Language Requirements: Applicants whose first language is not English must provide evidence of proficiency in the English language but providing English language test results. The minimum test scores required are:
Test |
Minimum Requirements |
IELTS |
5.5 |
TOEFL-IBT |
17 (listening); 18 (reading); 20 (speaking); 17 (writing) |
PTE |
51 |
CAE |
162 |
CPE |
162 |
Cambridge ESOL |
Pass |