MSc Financial Mathematics
Academic year programme (10 months). Students must take five compulsory halfunit courses and optional courses to the value of oneandahalf units as shown.
There is also a twoweek compulsory presessional course MA400 September Introductory Course relating to MA415 and MA417.
Paper 
Course number and title  

1 
Mathematics of the Black and Scholes Theory (H)  
2 
The Foundations of Interest Rate and Credit Risk Theory (H)  
3 
Stochastic Processes (H)  
4 
Fixed Income Markets (H)  
5 
Computational Methods in Finance (H)  
6 
One of the following:  
 
Game Theory I (H)  
Probability and Measure (H)  
Stochastic Analysis (H)  
Preferences, Optimal Portfolio Choice, and Equilibrium (H)  
Quantifying Risk Modelling and Alternative Markets (H)  
Stochastics for Derivatives Modelling (H)  
Recent Developments in Finance and Insurance (H)  
Introduction to Markov Processes and Their Applications (H)  
7 & 8 
The equivalent of one unit from the following:  

Financial Risk Analysis (H)  
Forecasting Financial Time Series (H)  
Derivatives (H)  
Quantitative Methods for Finance and Risk Analysis (H)  
Portfolio Management (H)  
International Finance (H)  
Principles of Finance  
Time Series (H)  
Applied Stochastic Processes (H)  
Insurance Mathematics (H)  
Probabilistic Methods in Risk Management and Insurance (H)  

Further half unit(s) from those courses listed under paper 6 above. Students can also take MA422 Research Topics in Financial Mathematics, a nonassessed course taken in addition to the required five compulsory halfunit courses and optional courses to the value of oneandahalf units detailed above. 