Financial Mathematics Masters/MSc

Dubai Campus

Start date
September
Duration
1 year full-time
Campus
Dubai
Course Type
Postgraduate, Taught
Fees

Annual tuition fee for 2023:
MSc - AED 112,666 for 1 year full-time.
Your tuition fee can be paid in 3 instalments per year.

Scholarships available for all students up to 40%


What is Financial Mathematics?

Looking to boost your career prospects in finance or related industries? Our MSc Financial Mathematics will give you the skills required to apply quantitative training to financial analysis.

Open up a world of opportunity with careers in financial organisations, fintech, hedge funds, banks, insurance companies and many more. If you have a strong undergraduate background in mathematics, economics, finance (or other programmes such as engineering, computer science and physics with a strong mathematical component) this programme will help you develop a specialisation in financial mathematics. You will learn technical skills that will help you pursue a future in quantitative financial analysis.

Financial mathematics is a highly specialised and rapidly growing area requiring a strong mathematical background alongside appropriate training in finance and computer programming. This MSc degree is both technical and practical. Students will acquire in-depth mathematical knowledge and skills applied to the area of finance, advanced skills and knowledge in computational and programming techniques as well as experience of extended project work.

Why study Mathematical Finance MSc in Dubai?

  • Develop your ability to apply mathematical and scientific knowledge to financial analysis, identifying, critically analysing and evaluating scenarios within the sector
  • Learn to use software packages to analyse financial data and to implement numerical models
  • Train specifically in independent study and research, which is an essential skill for a quantitative analyst
  • Learn at an internationally-recognised university ranked in the top 100 in the 2021 QS World University Rankings

Programme Learning Outcomes

By the end of their programme, you will have gained a knowledge and understanding of:

  1. The theory and application of financial modelling and data analysis.
  2. The theory of Stochastic or random processes and their modern application within finance.
  3. Portfolio management and hedging.
  4. The theory of risk analysis and risk management and their applications within finance.
  5. Modern and emerging computational techniques as applied to the financial services sector.

By the end of their programme, you will have developed the following skills:

  1. The ability to use mathematical tools to explore and understand real-world applications in finance.
  2. The ability to model financial processes and to analyse and interpret associated data.
  3. Proficiency in utilising computational and programming techniques and tools employed in a variety of modern financial applications and scenarios.
  4. The ability to undertake a critical analysis of a problem based upon the fundamental principles of finance and determine appropriate solution pathways.

We live in a global world where random events can have a significant impact on the global economy. Our MSc in Mathematical Finance develops mathematical and computational skills so that our students are fully prepared to assess and reduce risks when exploring investment opportunities in the face of uncertainty.

Dr David Leppinen, Senior Lecturer in Mathematics

Modules

Core modules

Please note: The modules listed on the website for this programme are regularly reviewed to ensure they are up-to-date and informed by the latest research and teaching methods

Fees

Annual tuition fee for 2023 entry:

Masters/MSc 

  • MSc - AED 112,666 for 1 year full-time.

Your tuition fee can be paid in 3 instalments per year.

Scholarships

We have a number of scholarships available.

How To Apply

To find out more information about our application process please visit our 'How to apply page' before starting your application.

We will consider applications from applicants who already have a first degree in computer science on a case-by-case basis.

Our Standard Requirements

2:1 Honours degree in Mathematics or a programme with advanced mathematical components.

Students from JBJI who obtain a minimum 2:1 and the IELTS English (mandatory to obtain the Degree) will have automatic acceptance onto this programme.

International students

We accept a range of qualifications from different countries – learn more about international entry requirements. Standard English language requirements apply.

International Requirements


You will take 60 taught credits of masters-level courses in each of Semester 1 and Semester 2. Core modules will develop your understanding of scientific and engineering programming, and advanced mathematical models in Mathematical Finance. You will take 60 credits of optional modules across economic, mathematical and financial topics to allow you to shape your degree to meet your career aims.

You will also undertake a 60-credit summer dissertation, working with research leaders in mathematics. This will provide directly relevant training for a career in academic, and quantitative analysis in the financial industry. You will train specifically in independent study and research, an essential skill for quantitative analysts.

Postgraduate study at the University of Birmingham is a chance to learn from world leaders in their fields. This guarantees you a first-class learning experience, leading to a qualification that is respected the world over and making you an attractive prospect in a very competitive job market.

Graduates from MSc Mathematical Finance are well prepared to compete for quantitatively demanding positions in financial institutions, with state-of-art mathematical methods, computational skills and programming expertise. The School’s graduates work in a wide variety of fields in governmental and multi-national organisations.

The degree also provides an ideal basis for postgraduate research, either for purely academic ends or to further qualify graduates for work in financial institutions.