Your input will help us improve your experience.You can close this popup to continue using the website or choose an option below to register in or login.
Develop your understanding of a variety of statistical techniques and explore mathematical concepts, models and tools used in the finance industry.
Our MSc Statistics with Financial Mathematics course trains you to apply the probabilistic, statistical and mathematical techniques that are used in the finance industry.
Through our MSc Statistics with Financial Mathematics course you’ll develop the knowledge and experience needed to work in financial services such as banking, insurance and investments. You'll also develop the problem solving and data analysis skills employers value in roles spanning consultancy, data science, public administration and research.
You’ll explore key financial topics such as the Capital Asset Pricing Model, the Black-Scholes option pricing formula, and stochastic processes. In addition to this, you’ll learn important statistical techniques and concepts, including linear and generalised linear modelling and Bayesian statistics. You’ll also master the ability to analyse and draw meaningful conclusions from data, and grow your programming skills using the statistical computing software R.
You’ll spend around a third of your time working on your dissertation, under the supervision of an active researcher who is an expert in their field. This may focus on investigating a data set, or a more theoretical or methodological topic. You’ll blend theoretical knowledge with practical skills, developing project planning, data acquisition, problem specification and analysis skills. You’ll also learn how to present statistical information, and gain experience communicating your findings verbally and in writing.
Examples of recent dissertation topics include:
Financial modelling with Lévy processes
Monte Carlo Simulation, Variance Reduction and Applications to Option Pricing
Dissertation topics are often provided by external clients, such as pharmaceutical companies or sports modelling organisations. Distance learning students also often come with projects designed by their employer.
Accreditation
Accredited by the Royal Statistical Society
Programme overview
Main Subject
Statistics and Operational Research
Degree
MSc
Study Level
Masters
Study Mode
On Campus
Develop your understanding of a variety of statistical techniques and explore mathematical concepts, models and tools used in the finance industry.
Our MSc Statistics with Financial Mathematics course trains you to apply the probabilistic, statistical and mathematical techniques that are used in the finance industry.
Through our MSc Statistics with Financial Mathematics course you’ll develop the knowledge and experience needed to work in financial services such as banking, insurance and investments. You'll also develop the problem solving and data analysis skills employers value in roles spanning consultancy, data science, public administration and research.
You’ll explore key financial topics such as the Capital Asset Pricing Model, the Black-Scholes option pricing formula, and stochastic processes. In addition to this, you’ll learn important statistical techniques and concepts, including linear and generalised linear modelling and Bayesian statistics. You’ll also master the ability to analyse and draw meaningful conclusions from data, and grow your programming skills using the statistical computing software R.
You’ll spend around a third of your time working on your dissertation, under the supervision of an active researcher who is an expert in their field. This may focus on investigating a data set, or a more theoretical or methodological topic. You’ll blend theoretical knowledge with practical skills, developing project planning, data acquisition, problem specification and analysis skills. You’ll also learn how to present statistical information, and gain experience communicating your findings verbally and in writing.
Examples of recent dissertation topics include:
Financial modelling with Lévy processes
Monte Carlo Simulation, Variance Reduction and Applications to Option Pricing
Dissertation topics are often provided by external clients, such as pharmaceutical companies or sports modelling organisations. Distance learning students also often come with projects designed by their employer.
Accreditation
Accredited by the Royal Statistical Society
Admission Requirements
Minimum 2:1 undergraduate honours degree in a relevant subject with relevant modules. We look for applications that demonstrate background within probability, statistics, analysis or actuarial Science. Typically we require at least two modules from within these areas. An introductory course in mathematical analysis (eg real, complex, or stochastic), or other mathematical background equivalent to this level is also required. Applications with employment history in statistical or financial fields are also welcomed, including for distance learning courses. In such cases we consider the balance of the employment history and academic qualifications. English language requirements: IELTS 6.5 (with 6 in each component) or University equivalent.
1 Year
Sep
Scholarships
Selecting the right scholarship can be a daunting process. With countless options available, students often find themselves overwhelmed and confused. The decision can be especially stressful for those facing financial constraints or pursuing specific academic or career goals.
To help students navigate this challenging process, we recommend the following articles:
Statistics with Financial Mathematics MSc
Western Bank, Sheffield,, United Kingdom
# 101-150QS Subject Rankings
12 monthsProgramme duration
Statistics and Operational ResearchMain Subject Area
Programme overview
Main Subject
Statistics and Operational Research
Degree
MSc
Study Level
Masters
Study Mode
On Campus
Develop your understanding of a variety of statistical techniques and explore mathematical concepts, models and tools used in the finance industry.
Our MSc Statistics with Financial Mathematics course trains you to apply the probabilistic, statistical and mathematical techniques that are used in the finance industry.
Through our MSc Statistics with Financial Mathematics course you’ll develop the knowledge and experience needed to work in financial services such as banking, insurance and investments. You'll also develop the problem solving and data analysis skills employers value in roles spanning consultancy, data science, public administration and research.
You’ll explore key financial topics such as the Capital Asset Pricing Model, the Black-Scholes option pricing formula, and stochastic processes. In addition to this, you’ll learn important statistical techniques and concepts, including linear and generalised linear modelling and Bayesian statistics. You’ll also master the ability to analyse and draw meaningful conclusions from data, and grow your programming skills using the statistical computing software R.
You’ll spend around a third of your time working on your dissertation, under the supervision of an active researcher who is an expert in their field. This may focus on investigating a data set, or a more theoretical or methodological topic. You’ll blend theoretical knowledge with practical skills, developing project planning, data acquisition, problem specification and analysis skills. You’ll also learn how to present statistical information, and gain experience communicating your findings verbally and in writing.
Examples of recent dissertation topics include:
Dissertation topics are often provided by external clients, such as pharmaceutical companies or sports modelling organisations. Distance learning students also often come with projects designed by their employer.
Accreditation
Accredited by the Royal Statistical Society
Programme overview
Main Subject
Statistics and Operational Research
Degree
MSc
Study Level
Masters
Study Mode
On Campus
Develop your understanding of a variety of statistical techniques and explore mathematical concepts, models and tools used in the finance industry.
Our MSc Statistics with Financial Mathematics course trains you to apply the probabilistic, statistical and mathematical techniques that are used in the finance industry.
Through our MSc Statistics with Financial Mathematics course you’ll develop the knowledge and experience needed to work in financial services such as banking, insurance and investments. You'll also develop the problem solving and data analysis skills employers value in roles spanning consultancy, data science, public administration and research.
You’ll explore key financial topics such as the Capital Asset Pricing Model, the Black-Scholes option pricing formula, and stochastic processes. In addition to this, you’ll learn important statistical techniques and concepts, including linear and generalised linear modelling and Bayesian statistics. You’ll also master the ability to analyse and draw meaningful conclusions from data, and grow your programming skills using the statistical computing software R.
You’ll spend around a third of your time working on your dissertation, under the supervision of an active researcher who is an expert in their field. This may focus on investigating a data set, or a more theoretical or methodological topic. You’ll blend theoretical knowledge with practical skills, developing project planning, data acquisition, problem specification and analysis skills. You’ll also learn how to present statistical information, and gain experience communicating your findings verbally and in writing.
Examples of recent dissertation topics include:
Dissertation topics are often provided by external clients, such as pharmaceutical companies or sports modelling organisations. Distance learning students also often come with projects designed by their employer.
Accreditation
Accredited by the Royal Statistical Society
Admission Requirements
We look for applications that demonstrate background within probability, statistics, analysis or actuarial Science. Typically we require at least two modules from within these areas.
An introductory course in mathematical analysis (eg real, complex, or stochastic), or other mathematical background equivalent to this level is also required.
Applications with employment history in statistical or financial fields are also welcomed, including for distance learning courses. In such cases we consider the balance of the employment history and academic qualifications.
English language requirements: IELTS 6.5 (with 6 in each component) or University equivalent.
Scholarships
Selecting the right scholarship can be a daunting process. With countless options available, students often find themselves overwhelmed and confused. The decision can be especially stressful for those facing financial constraints or pursuing specific academic or career goals.
To help students navigate this challenging process, we recommend the following articles:
How to get a full scholarship
Looking for a fully-funded scholarship to see you into university? Find out how to boost your chances of getting one.
Scholarships to study abroad
Find scholarships to study abroad with our lists of international scholarships – categorized by country, by subject, and by type of student.
Scholarship Applications: Frequently Asked Questions
Get answers to all your questions about scholarship applications, including tips on how to find scholarships and chances of success.
More programmes from the university
Arts and Humanities (6)
Architecture BA
Architecture BA
English Language and Linguistics BA
English Language and Linguistics BA
English Language and Literature BA
English Language and Literature BA
English Literature BA
English Literature BA
History BA
History BA
Landscape Architecture BA
Landscape Architecture BA
Landscape Architecture MLA
Landscape Architecture MLA
Modern Languages and Cultures BA
Modern Languages and Cultures BA
Philosophy BA
Philosophy BA
Philosophy, Religion and Ethics BA
Philosophy, Religion and Ethics BA
Urban Studies and Planning MPlan(UG)
Urban Studies and Planning MPlan(UG)
Business and Management (6)
Accounting and Financial Management BA
Accounting and Financial Management BA
Accounting and Financial Management and Economics BA
Accounting and Financial Management and Economics BA
Business Management BA
Business Management BA
Economics BA
Economics BA
Economics BSc
Economics BSc
Economics with Finance BSc
Economics with Finance BSc
Engineering and Technology (6)
Aerospace Engineering BEng
Aerospace Engineering BEng
Aerospace Engineering MEng
Aerospace Engineering MEng
Architectural Engineering MEng
Architectural Engineering MEng
Chemical Engineering BEng
Chemical Engineering BEng
Chemical Engineering MEng
Chemical Engineering MEng
Civil Engineering BEng
Civil Engineering BEng
Civil Engineering MEng
Civil Engineering MEng
Civil and Structural Engineering MEng
Civil and Structural Engineering MEng
Computer Science (Artificial Intelligence) MComp
Computer Science (Artificial Intelligence) MComp
Computer Science BSc
Computer Science BSc
Computer Science MComp
Computer Science MComp
Computer Systems Engineering BEng
Computer Systems Engineering BEng
Computer Systems Engineering MEng
Computer Systems Engineering MEng
Data Science BSc
Data Science BSc
Electrical and Electronic Engineering BEng
Electrical and Electronic Engineering BEng
Electrical and Electronic Engineering MEng
Electrical and Electronic Engineering MEng
General Engineering BEng (Hons)
General Engineering BEng (Hons)
Mechanical Engineering BEng
Mechanical Engineering BEng
Mechanical Engineering MEng
Mechanical Engineering MEng
Mechatronic and Robotic Engineering BEng
Mechatronic and Robotic Engineering BEng
Life Sciences and Medicine (6)
Biochemistry BSc
Biochemistry BSc
Biological Sciences BSc
Biological Sciences BSc
Biological Sciences MBiolSci
Biological Sciences MBiolSci
Biomedical Science BSc
Biomedical Science BSc
Biomedical Science MBiomedSci
Biomedical Science MBiomedSci
Dental Surgery BDS
Dental Surgery BDS
Graduate Entry Medicine MBChB
Graduate Entry Medicine MBChB
Medicine MBChB
Medicine MBChB
Nursing (Adult) BMedSci
Nursing (Adult) BMedSci
Psychology BSc
Psychology BSc
Speech and Language Therapy BMedSci
Speech and Language Therapy BMedSci
Zoology BSc
Zoology BSc
Zoology MBiolSci
Zoology MBiolSci
Natural Sciences (6)
Chemistry BSc
Chemistry BSc
Chemistry MChem
Chemistry MChem
Chemistry with Biological and Medicinal Chemistry BSc
Chemistry with Biological and Medicinal Chemistry BSc
Chemistry with Biological and Medicinal Chemistry MChem
Chemistry with Biological and Medicinal Chemistry MChem
Environmental Science BSc
Environmental Science BSc
Geography BA
Geography BA
Geography BSc
Geography BSc
Global Sustainable Development BA
Global Sustainable Development BA
Materials Science and Engineering BEng
Materials Science and Engineering BEng
Materials Science and Engineering MEng
Materials Science and Engineering MEng
Mathematics BSc
Mathematics BSc
Mathematics MMath
Mathematics MMath
Mathematics and Statistics BSc
Mathematics and Statistics BSc
Mathematics and Statistics MMath
Mathematics and Statistics MMath
Physics BSc
Physics BSc
Physics MPhys
Physics MPhys
Physics and Astrophysics BSc
Physics and Astrophysics BSc
Physics and Astrophysics MPhys
Physics and Astrophysics MPhys
Theoretical Physics BSc
Theoretical Physics BSc
Theoretical Physics MPhys
Theoretical Physics MPhys
Social Sciences and Management (6)
Criminology BA
Criminology BA
Digital Media and Society BA
Digital Media and Society BA
East Asian Studies BA
East Asian Studies BA
Journalism Studies BA
Journalism Studies BA
Law (European and International) LLB
Law (European and International) LLB
Law LLB
Law LLB
Law and Criminology LLB
Law and Criminology LLB
Politics, Philosophy and Economics BA
Politics, Philosophy and Economics BA
Sociology BA
Sociology BA
Arts and Humanities (6)
Applied Linguistics MA
Applied Linguistics MA
Archaeology and Heritage MA
Archaeology and Heritage MA
Architectural Design MA
Architectural Design MA
Architecture MArch
Architecture MArch
Architecture: Collaborative Practice MArch
Architecture: Collaborative Practice MArch
English Literature MA
English Literature MA
History MA
History MA
Landscape Architecture MA
Landscape Architecture MA
Landscape Design, Planning and Management MA
Landscape Design, Planning and Management MA
Music Performance Studies MA
Music Performance Studies MA
Music, Management and Innovation MA
Music, Management and Innovation MA
Musicology MA
Musicology MA
Philosophy MA
Philosophy MA
Translation and Intercultural Studies MA
Translation and Intercultural Studies MA
Urban and Regional Planning MSc
Urban and Regional Planning MSc
Business and Management (6)
Business Analytics MSc
Business Analytics MSc
Business Finance and Economics MSc
Business Finance and Economics MSc
Business and Organisational Psychology MSc
Business and Organisational Psychology MSc
Creative and Cultural Industries Management MSc
Creative and Cultural Industries Management MSc
Digital Marketing MSc
Digital Marketing MSc
East Asian Business MSc
East Asian Business MSc
Economics MSc
Economics MSc
Finance MSc
Finance MSc
Finance and Accounting MSc
Finance and Accounting MSc
Financial Technology and Innovation MSc
Financial Technology and Innovation MSc
International Management MSc
International Management MSc
International Marketing and Management MSc
International Marketing and Management MSc
MBA (Master of Business Administration)
MBA (Master of Business Administration)
Management MSc
Management MSc
Management and International Business MSc
Management and International Business MSc
Money, Banking and Finance MSc
Money, Banking and Finance MSc
Strategic Marketing and Branding MSc
Strategic Marketing and Branding MSc
Engineering and Technology (6)
Advanced Computer Science MSc
Advanced Computer Science MSc
Advanced Control and Systems Engineering MSc (Eng)
Advanced Control and Systems Engineering MSc (Eng)
Advanced Mechanical Engineering MSc
Advanced Mechanical Engineering MSc
Aerospace Engineering MSc
Aerospace Engineering MSc
Artificial Intelligence MSc
Artificial Intelligence MSc
Artificial Intelligence for Engineering MSc
Artificial Intelligence for Engineering MSc
Artificial Intelligence for Science MSc
Artificial Intelligence for Science MSc
Biological and Bioprocess Engineering MSc
Biological and Bioprocess Engineering MSc
Biomedical Engineering MSc
Biomedical Engineering MSc
Civil Engineering and Project Management MSc
Civil Engineering and Project Management MSc
Civil and Structural Engineering MSc
Civil and Structural Engineering MSc
Computer Science MSc
Computer Science MSc
Computer Science With Speech and Natural Language Processing MSc
Computer Science With Speech and Natural Language Processing MSc
Cybersecurity and Artificial Intelligence MSc
Cybersecurity and Artificial Intelligence MSc
Data Science MSc
Data Science MSc
Electronic and Electrical Engineering MSc (Eng)
Electronic and Electrical Engineering MSc (Eng)
Energy Engineering with Industrial Management MSc
Energy Engineering with Industrial Management MSc
Mechanical Engineering with Industrial Management MSc
Mechanical Engineering with Industrial Management MSc
Pharmaceutical Engineering MSc
Pharmaceutical Engineering MSc
Process Safety and Loss Prevention MSc(Eng)
Process Safety and Loss Prevention MSc(Eng)
Robotics MSc
Robotics MSc
Wireless Communication Systems MSc
Wireless Communication Systems MSc
Life Sciences and Medicine (6)
Advanced Cell and Gene Therapies MSc
Advanced Cell and Gene Therapies MSc
Advanced Clinical Practice (GP) MMedSci
Advanced Clinical Practice (GP) MMedSci
Advanced Clinical Practice (Neonatal) MMedSci
Advanced Clinical Practice (Neonatal) MMedSci
Advanced Clinical Practice (Paediatrics) MMedSci
Advanced Clinical Practice (Paediatrics) MMedSci
Biomedical Science MSc
Biomedical Science MSc
Cancer Biology and Therapeutics MSc
Cancer Biology and Therapeutics MSc
Clinical Neurology MSc
Clinical Neurology MSc
Clinical Research MSc
Clinical Research MSc
Cognitive Neuroscience and Human Neuroimaging MSc
Cognitive Neuroscience and Human Neuroimaging MSc
Cognitive Science and Philosophy of AI
Cognitive Science and Philosophy of AI
Cognitive and Computational Neuroscience MSc
Cognitive and Computational Neuroscience MSc
Doctor of Educational and Child Psychology
Doctor of Educational and Child Psychology
Drug Discovery Science MSc
Drug Discovery Science MSc
Health Economics and Decision Modelling MSc
Health Economics and Decision Modelling MSc
Health and Clinical Research Delivery MSc
Health and Clinical Research Delivery MSc
Human and Molecular Genetics MSc
Human and Molecular Genetics MSc
Molecular Biology and Biotechnology MSc
Molecular Biology and Biotechnology MSc
Ophthalmology Advanced Clinical Practice (Paediatrics) MMedSci
Ophthalmology Advanced Clinical Practice (Paediatrics) MMedSci
Psychological Research Methods MSc
Psychological Research Methods MSc
Psychology and Education (Conversion) MSc
Psychology and Education (Conversion) MSc
Psychology and Education MA
Psychology and Education MA
Psychology of Music MA
Psychology of Music MA
Reproductive and Developmental Medicine MSc
Reproductive and Developmental Medicine MSc
Speech and Language Therapy MMedSci
Speech and Language Therapy MMedSci
Translational Neuroscience MSc
Translational Neuroscience MSc
Vision and Strabismus MMedSci
Vision and Strabismus MMedSci
Natural Sciences (6)
Advanced Metallurgy MMet
Advanced Metallurgy MMet
Astrophysics MSc
Astrophysics MSc
Biodiversity and Conservation MSc
Biodiversity and Conservation MSc
Chemistry MSc
Chemistry MSc
Environmental Change and International Development MSc
Environmental Change and International Development MSc
Geographical Information Systems (GIS) MSc
Geographical Information Systems (GIS) MSc
Materials Science and Engineering MSc
Materials Science and Engineering MSc
Mathematical and Theoretical Physics MSc
Mathematical and Theoretical Physics MSc
Mathematics MSc
Mathematics MSc
Physics MSc
Physics MSc
Statistics Graduate Certificate
Statistics Graduate Certificate
Sustainability and Energy Engineering MSc
Sustainability and Energy Engineering MSc
Social Sciences and Management (6)
Applied Professional Studies in Education MA
Applied Professional Studies in Education MA
Cultural Heritage Management MA
Cultural Heritage Management MA
Digital Culture and Communication MA
Digital Culture and Communication MA
Digital Media and Society MA
Digital Media and Society MA
EdD - The Sheffield EdD
EdD - The Sheffield EdD
Education MA
Education MA
Europubhealth: European Masters Programme in Public Health
Europubhealth: European Masters Programme in Public Health
Global Journalism MA
Global Journalism MA
Human Resource Management MSc
Human Resource Management MSc
Information Management MSc
Information Management MSc
Information Systems MSc
Information Systems MSc
Information Systems Management MSc
Information Systems Management MSc
International Criminology MA
International Criminology MA
International Postgraduate Certificate in Education (iPGCE)
International Postgraduate Certificate in Education (iPGCE)
International Public and Political Communication MA
International Public and Political Communication MA
International Relations MA
International Relations MA
Journalism MA
Journalism MA
LLM - The Sheffield LLM
LLM - The Sheffield LLM
LLM Corporate and Commercial Law
LLM Corporate and Commercial Law
LLM International Law and Global Justice
LLM International Law and Global Justice
Law (Graduate Programme)
Law (Graduate Programme)
Law (Graduate Programme) LLB
Law (Graduate Programme) LLB
Law MA
Law MA
Librarianship MA
Librarianship MA
Library and Information Services Management (Distance Learning) MA
Library and Information Services Management (Distance Learning) MA
Logistics and Supply Chain Management MSc
Logistics and Supply Chain Management MSc
Politics and Media in East Asia MA
Politics and Media in East Asia MA
Politics, Governance and Public Policy MA
Politics, Governance and Public Policy MA
Public Health (Health Services Research) MPH
Public Health (Health Services Research) MPH
Public Health (Management and Leadership) MPH
Public Health (Management and Leadership) MPH
Public Health (Online) MPH
Public Health (Online) MPH
Public Health MPH
Public Health MPH
Real Estate MSc
Real Estate MSc
Science Communication MSc
Science Communication MSc
Social Research MA
Social Research MA
Statistics MSc
Statistics MSc
Statistics with Financial Mathematics MSc
Statistics with Financial Mathematics MSc
Urban Design and Planning MSc
Urban Design and Planning MSc
Full-Time MBA (1)
The Sheffield MBA
The Sheffield MBA