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Universities / Imperial College London

MSc Mathematics and Finance (MMF)

A one-year mathematics-led quant finance degree covering option pricing, stochastic processes, risk and interest-rate models, with C++ and Python computing. A broad menu of machine-learning and trading electives and a summer project, usually placed with a finance firm, round it out.

What you’ll study

Core

  • Fundamentals of Option Pricing
  • Statistical Methods for Finance
  • Stochastic Processes
  • Quantitative Risk Management
  • Interest Rate Models
  • Computing for Finance (C++ and Python)
  • Simulation Methods for Finance

Electives

  • Optimisation in Machine Learning
  • Deep Learning
  • Portfolio Management
  • Quantum Machine Learning in Finance
  • Reinforcement Learning
  • Quantitative Trading and Price Impact
  • Numerical Methods in Finance
  • Market Microstructure
  • Stochastic Control in Finance
  • Generative Modelling in Finance
  • Quantitative Trading of Fixed Income Derivatives
  • Volatility Modelling

Source: imperial.ac.uk ↗

Before you apply

Background
2:1 (UK) in Mathematics, Applied Mathematics, Statistics or Physics, or international equivalent
Tests
No admissions test listed
English
Higher university English requirement
Other
Applicants may be invited to interview; application fee GBP 90

Source: imperial.ac.uk ↗

After graduation

Typical first roles
Quantitative Analyst, Quantitative Researcher, Commodities Trader, Data Scientist, Credit Risk Analyst
Employers
JP Morgan, Accenture, BCG, Amazon, PwC, Squarepoint Capital, Marshall Wace

Source: imperial.ac.uk ↗

QuantNet’s 2026 ranking reports a GBP 85,000 base (QuantNet snapshot, as reported in search result) starting salary. See the ranking ↗

Want to see what employers ask for? Browse open quant roles.

What students and graduates say

Threads from QuantNet and other forums where applicants, students and graduates discuss this programme. They’re personal views and may be out of date.

QuantNet rank 1 in 2024 per Imperial, #2 in 2026 per search snippet. Employment rate and class size not fetched from official page. Salary figure unverified on the ranking page itself (403).

Checked 6 November 2026 against the sources linked on this page. Fees, units and requirements change each year, so confirm them on the programme’s website before applying.

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