College of engineering, MatheMatiCs and PhysiCal sCienCes

MSc Financial Mathematics

www.exeter.ac.uk/mathematics

A specialist Masters programme taught in collaboration with the University of Exeter Business School which is ranked 1st in the UK for Accounting and Finance in The Times Good University Guide 2011.

Study quantitative financial methods for international banking or business; gain postgraduate training at a top UK University.

Core modulesAnalysis and Computation in FinanceTeaches methods of numerical approximation and financial modelling, and develops practical skills in Matlab software.

Fundamentals of Financial ManagementCovers finance theory and financial management, including techniques for capital budgeting, portfolio diversification, and asset pricing models.

Investment Analysis I and IIEvaluates the tools for security valuation, financial ratios and security analysis, to ensure you can synthesise empirical research literature.

Mathematical Theory of Option PricingOutlines the underlying theoretical assumptions of option pricing models, and the methods used to obtain analytical or numerical solutions to problems.

Methods for Stochastics and FinanceApplies mathematics to the theory of financial modelling and financial derivatives, developing mathematical ability and reasoning skills.

Research MethodologyExplicitly addresses research planning and critical assessment in the context of your own research project.

Finance ModellingPrepares you for quantitative business research, introducing financial databases and research methods commonly used.

Research ProjectIndependent research in Financial Mathematics or in Finance, involving project planning and the interpretation of analytical results.

Option modules*Advanced EconometricsIntroduces econometric concepts and techniques, including probabilistic foundations and the advanced theory of estimation and inference.

Advanced Finance TheoryConsiders the theory of finance and its applications and is essential for research in this area.

Advanced Topics in StatisticsRecent developments in statistics are considered and topics of particular interest selected for personal investigation.

Corporate FinanceExamines analytical developments in core areas, including debt financing, raising capital, and mergers and acquisitions.

Derivatives PricingProvides the theory and methods to evaluate derivative financial instruments in the equity and interest rate market.

Dynamical Systems and ChaosConsiders asymptotic behaviour of nonlinear dynamics and develops skills in qualitative and quantitative methods for dynamical systems, including maps and chaos.

Pattern RecognitionExplores the theory and application of pattern recognition, classification, categorisation, and concept acquisition.

Principles of FinanceOutlines the tools of financial theory required for a successful career in finance, focusing on the theory of investment management.

Quantitative Research Techniques IIntroduces the theory and application of econometric and methodological research tools, explaining how to set up and estimate econometric models.

For further information contact:mathsmsc@exeter.ac.uk

MSc Financial Mathematics

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College of engineering, MatheMatiCs and PhysiCal sCienCes

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*You select three or four option modules depending on your choice of research project.