Financial Mathematics

Program Description:
The MSc in Financial Mathematics at Newcastle University Medicine Malaysia is a comprehensive and challenging postgraduate programme designed to equip students with advanced knowledge and practical skills in the application of mathematical techniques to finance and risk management. This programme offers a rigorous curriculum that combines core principles of finance, mathematics, and computing, preparing graduates for careers in financial services, risk analysis, quantitative research, and related fields. Throughout the course, students will engage with topics such as stochastic processes, financial modelling, derivatives pricing, financial risk management, and computational methods. The programme emphasizes the development of analytical and quantitative skills necessary to solve complex financial problems, as well as an understanding of the financial markets and institutions. Delivered by experienced academics and industry experts, the MSc in Financial Mathematics at Newcastle University Medicine Malaysia offers a stimulating learning environment with a blend of theoretical coursework, practical workshops, and independent research. Students have access to state-of-the-art facilities and resources, ensuring they stay at the forefront of emerging trends and technologies in finance. The programme also provides opportunities for internships and collaborative projects, fostering real-world experience and professional networking. Graduates will be well-positioned to pursue careers in investment banking, asset management, financial consulting, and risk analysis, or to continue their academic journey in PhD programmes. With its strong emphasis on both mathematical rigor and practical application, the MSc in Financial Mathematics prepares students to excel in competitive global financial markets and to contribute innovative solutions to the industry.

Detailed Course Facts

Application deadline January 15 Tuition fee

• GBP 9000 Year (EEA)
• GBP 12075 Year (Non-EEA)

Start date September 2015 Credits (ECTS) 180 ECTS
Duration full-time 36 months Languages Take an IELTS test

• English

Delivery mode On Campus Educational variant Full-time Intensity Flexible

Course Content

Our degrees are divided into Stages. Each Stage lasts for an academic year and you need to complete modules totalling 120 credits by the end of each Stage.

Please be aware that programme modules do change and therefore may differ for your year of entry.

Stage 1

Compulsory modules

• ACC1010 Introduction to Financial Accounting
• ACC1011 Introduction to Management Accounting and Finance
• MAS1041 Mathematical Methods A
• MAS1042 Mathematical Methods B
• MAS1141 Analytic Geometry and the Foundations of Differential Equations
• MAS1142 Modelling with Differential Equations
• MAS1241 Number Systems
• MAS1242 The Foundations of Analysis
• MAS1341 Introduction to Probability
• MAS1342 Introduction to Statistics

Stage 2

Compulsory modules

• ACC2000 Interpreting Company Accounts
• ACC2007 Corporate Finance
• MAS2103 Complex Variable
• MAS2104 Introduction to Vector Calculus
• MAS2105 Methods for Solving Differential Equations
• MAS2223 Linear Algebra
• MAS2224 The Foundations of Calculus
• MAS2243 Application of Mathematical Methods to Finance
• MAS2304 Foundations of Probability
• MAS2316 Introduction to Regression and Modelling

Stage 3

Compulsory modules

• ACC3000 Case Studies in Finance, Accounting and Business
• ACC3006 International Financial Management
• MAS3111 Partial Differential Equations with Applications
• MAS3215 Stochastic Calculus and Applications
• MAS3323 Time Series and Forecasting
• MAS3324 Stochastic Financial Modelling

Optional modules

You take 40 credits of the following optional modules:

• MAS3106 Chaos: Theoretical and Numerical Methods
• MAS3119 Differential Equations, Transform Methods and Fields
• MAS3121 Variational Methods
• MAS3207 Linear Analysis
• MAS3214 Number Theory and Cryptography
• MAS3216 Enumeration and Combinatorics
• MAS3302 Introduction to Statistical Inference
• MAS3317 Introduction to Bayesian Statistics
• MAS3323 Time Series and Forecasting

Other optional modules may also be available.

English Language Requirements

IELTS band : 6.5 TOEFL iBT® test : 90

To study at this university, you have to speak English. We advice you to

take an IELTS test. More About IELTS

Requirements

All candidates are considered on an individual basis.

If your qualifications are not listed here, please see our additional entry requirements pages to find out which other qualifications are considered.

If you dont have the right mathematics and/or science qualifications for direct entry, please see our Foundation Year information below.

- A Levels

AAB including grade A in Mathematics and excluding General Studies.

- Scottish Qualifications

AB at Advanced Higher Grade including grade A in Advanced Higher Mathematics.

- International Baccalaureate

A minimum of 35-37 points with Mathematics grade 6 or above at Higher Level.

- Irish Leaving Certificate

A1A1A1B1B at Higher Level, to include grade A in Mathematics.

- Access Qualifications

At least 30 level 3 credits at Distinction including Mathematical Studies. In addition, at least 15 level 3 credits at a minimum of Merit. A Newcastle University Mathematics and Statistics pre-entry course may also be required.

- BTEC Level 5 HND

Applicants will be considered on an individual basis.

- BTEC Level 3 Extended Diploma (formerly BTEC National Diploma)

Applicants will be considered on an individual basis.

- Cambridge Pre-U

D3,D3,M2 in Principal Subjects including grade D3 in Mathematics.

- PARTNERS - A Levels

BBB including Mathematics.

The PARTNERS Programme is Newcastle Universitys supported entry route for students from identified schools and colleges. Find out more about the PARTNERS Programme.

- PARTNERS - BTEC Level 3 Extended Diploma (formerly BTEC National Diploma)

Applicants will be considered on an individual basis.

The PARTNERS Programme is Newcastle Universitys supported entry route for students from identified schools and colleges. Find out more about the PARTNERS Programme.

- Foundation Year

If you have shown that you have the ability but do not possess the necessary qualifications for direct entry into Stage 1, you may consider taking a foundation year:

• Mathematical Sciences with Foundation Year BSc Honours (G101)

This will provide you with the knowledge you need to progress to one of our three-year Mathematics and Statistics degrees.

- English Language Requirements

For this degree you will need a minimum score of IELTS 6.5 or equivalent.

Visit our International Students webpages to find out more about our English language admission requirements and English language support courses offered by INTO Newcastle University.

- International Foundation Programmes

If you are an international student and you do not meet the academic and English language requirements specified above, you should consider a preparation course at INTO Newcastle University, which will help to prepare you for study on this degree course. INTO Newcastle University is based on the University campus and offers a range of courses including the International Foundation in Physical Sciences and Engineering

Work Experience

No work experience is required.

Related Scholarships*

• Academic Excellence Scholarship

  "The Academic Excellence Scholarship can provide up to a 50 % reduction in tuition per semester. These scholarships will be renewed if the student maintains superior academic performance during each semester of their 3-year Bachelor programme. The scholarship will be directly applied to the student’s tuition fees."

• Access Bursary

  Bursary for UK students all subjects where the variable tuition fee rate is payable.

• Alumni Bursary

  Alumni Bursary for UK Undergraduate students

* The scholarships shown on this page are suggestions first and foremost. They could be offered by other organisations than Newcastle University.

The BSc Financial Mathematics program at Newcastle University Medicine Malaysia (NUMed) is a comprehensive undergraduate degree designed to equip students with a strong foundation in both mathematical theory and financial practice. The curriculum integrates core concepts of mathematics, including calculus, algebra, and probability, with specialized modules in finance, such as financial analysis, risk management, and quantitative methods. This program aims to develop students' analytical skills and their ability to apply mathematical techniques to complex financial problems, preparing graduates for careers in banking, investment, insurance, and financial consultancy sectors.

The program is structured to provide a blend of theoretical knowledge and practical skills. Students engage in lectures, tutorials, and laboratory sessions, gaining hands-on experience with financial modelling software and data analysis tools. Throughout the course, emphasis is placed on real-world applications, including case studies, projects, and internships, which enhance employability and industry readiness. The faculty at NUMed is composed of experienced academics and industry experts, ensuring that students receive a high-quality education aligned with current financial practices and standards.

Furthermore, the degree offers opportunities for students to participate in exchange programs and internships, allowing them to gain international exposure and work experience in financial institutions. Assessment methods include examinations, coursework, presentations, and group projects, fostering a comprehensive learning environment. Graduates of this program are well-prepared to pursue further studies in finance-related postgraduate programs or to enter the workforce directly with a competitive skill set.

The program is accredited and recognized by relevant professional bodies, which can enhance employment prospects. With its focus on both theoretical understanding and practical application, the Newcastle University Medicine Malaysia Bachelor of Science in Financial Mathematics aims to produce graduates who are capable, innovative, and ready to meet the challenges of the global financial industry. The university’s state-of-the-art facilities and supportive learning environment further contribute to an enriching educational experience.