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Universities / University of Strathclyde

MSc Financial Mathematics & Data Science (MSc FMDS)

Builds financial theory, statistics and data science skills including machine learning, numerical methods and stochastic processes, using R and Python. Large optional menu covers deep learning, AI for finance, derivatives and portfolio theory.

What you’ll study

Core

  • Foundations of Probability & Statistics
  • Big Data Fundamentals
  • Principles of Finance
  • Data Analytics for Accounting & Finance
  • Financial Stochastic Processes
  • Financial Econometrics
  • Research project

Electives

  • Quantitative Risk Analysis
  • Data Dashboards with RShiny
  • Deep Learning
  • Portfolio Theory & Management
  • Derivatives
  • Textual Analytics for Accounting & Finance
  • AI for Finance
  • Evolutionary Computation for Finance 1
  • Evolutionary Computation for Finance 2
  • Statistical Machine Learning

Source: strath.ac.uk ↗

Before you apply

Background
2:2 honours (or equivalent) in Mathematics, Statistics or closely related discipline; relevant experience or professional qualifications also considered
Maths
Substantial mathematical or statistical content in prior degree
English
IELTS 6.0 overall, no component below 5.5

Source: strath.ac.uk ↗

After graduation

Typical first roles
Hedge Fund Manager, Financial Analyst, Data Scientist, Financial Systems Developer

Source: strath.ac.uk ↗

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

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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