The programme provides graduates with strong mathematical skills, the necessary computational techniques and finance background relevant to subsequent employment in a sector of finance such as investment banks, hedge funds, insurance companies and the finance departments of large corporations where mathematics plays a key role.
The depth of the mathematics taught should enable graduates to pursue research careers in stochastic analysis, financial mathematics or other relevant areas.
The period October to June is devoted to lectures, tutorials and practical sessions comprising the core and optional modules. This is followed by a period of about 14 weeks devoted to an individual project.
Semester 1 * Theory of Integration and Martingales
* Stochastic Models in Finance
Optional Modules (choose 2) * Programming and Numerical Methods
* Regular and Chaotic Dynamics
* Financial Economics
Semester 2 * Stochastic Calculus and Theory of Stochastic Pricing
* Research Project
Optional Modules (choose 3) * Functional Analysis
* Elements of PDEs
* Static and Dynamic Optimisation
* Either Asset Management and Derivatives or Corporate Finance
Combination of written examinations, reports, individual and group projects, and verbal presentations.
Universities in the United Kingdom use a centralized system of undergraduate application: University and College Admissions Service (UCAS). It is used by both domestic and international students. Students have to register on the UCAS website before applying to the university. They will find all the necessary information about the application process on this website. Some graduate courses also require registration on this website, but in most cases students have to apply directly to the university. Some universities also accept undergraduate application through Common App (the information about it could be found on universities' websites).
Both undergraduate and graduate students may receive three types of responses from the university. The first one, “unconditional offer” means that you already reached all requirements and may be admitted to the university. The second one, “conditional offer” makes your admission possible if you fulfill some criteria – for example, have good grades on final exams. The third one, “unsuccessful application” means that you, unfortunately, could not be admitted to the university of you choice.
All universities require personal statement, which should include the reasons to study in the UK and the information about personal and professional goals of the student and a transcript, which includes grades received in high school or in the previous university.
Upper second class honours degree in a subject with a high mathematical content.Acceptable English language qualification * GCSE English Language - Grade C or above * IELTS band 6.5 with not less than 6.0 in Listening, Reading, Writing and Speaking * TOEFL (ibt) 92 overall Listening 21, Reading 21, Writing 22 and Speaking 22 English Language Requirements IELTS band: 6.5 CAE score: (read more) Cambridge English: Advanced (CAE) is part of the Cambridge English suite and is targeted at a high level (IETLS 6.5-8.0). It is an international English language exam set at the right level for academic and professional success. Developed by Cambridge English Language Assessment - part of the University of Cambridge - it helps you stand out from the crowd as a high achiever. 75 (Grade B) TOEFL iBT® test: 92 IMPORTANT NOTE: Since April 2014 the ETS tests (including TOEFL and TOEIC) are no longer accepted for Tier 4 visa applications to the United Kingdom. The university might still accept these tests to admit you to the university, but if you require a Tier 4 visa to enter the UK and begin your degree programme, these tests will not be sufficient to obtain your Visa. The IELTS test is most widely accepted by universities and is also accepted for Tier 4 visas to the UK- learn more.
We offer more than 100 studentships for taught and research programmes and many departments award their own scholarships and bursaries. Ask for details of these and possible sponsorship opportunities from the department concerned when you apply.
Funding available for all students
Departmental Bursaries and Scholarships
Many departments offer bursaries to eligible categories of students, and scholarships on a competitive basis, some of which cover all tuition fees. Up-to-date information is available from our website at or speak to the department concerned.
Loughborough Sports Scholarships
We aim to provide our sports scholars with first class coaching, sports science and sports medicine support, access to extensive indoor and outdoor training and competition facilities, a life skills programme, a high level of support and an annual cash award.
Our elite sports scholarships offer exceptional students targeting the 2012 Olympics or the 2014 Commonwealth Games all of the above along with a contribution of up to £3,000 towards tuition fees, facility membership (where applicable) and free parking on campus.
To be eligible to apply for either sports scholarship you need to have gained a place on a postgraduate course and be competing in your chosen sport at least at junior international level.
For more information email firstname.lastname@example.org or telephone +44 (0)1509 226108
Music Tuition and Scholarships
The Music Centre offers subsidised music tuition in a range of instruments or for voice selected via open auditions. Those selected receive thirty minutes tuition per week for twenty weeks. The cost of this would be £250, but via the scheme, students only pay a £50 registration fee.
You must register your interest for the tuition at the start of each academic year. The University also offers up to three competitive music scholarships each year selected by an independent panel of distinguished musicians.
These are awards of £500 and the scholars are expected to give a recital in the Spring. For further information contact email@example.com or telephone +44 (0)1509 222960
University and departmental prizes and bursaries are awarded in many departments to postgraduate students who perform exceptionally well in their work or who contribute to the development of cooperation between the University and the local community.
Prizes awarded to postgraduate students currently include the prestigious Loughborough University Graduate School Prizes each worth £400, and two John Guest Memorial Travelling Scholarships, each valued at £500, awarded to research students to give them the opportunity to extend their knowledge of their subject, either within this country or overseas.
Access to Learning Fund (ALF)
The ALF is available to UK postgraduate (taught and research) students studying at least 50% of a full-time course who experience unanticipated and serious financial difficulties. To qualify, students must meet the same residence conditions as for student loans.
Postgraduate Taught Care Leavers Bursary
Care leavers from the UK who have recently graduated and want to progress onto full-time postgraduate study may be eligible for a bursary worth up to £2,660 which is intended for assistance with the cost of their study.
For more information contact firstname.lastname@example.org or telephone +44 (0)1509 222496.