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Universities / Swansea University

MSc Mathematics and Computing for Finance (MSc MCF)

Trains mathematicians for finance and insurance using probability, stochastic processes and stochastic analysis for derivative pricing and risk quantification. Includes machine learning and actuarial-flavoured modules, with a 60-credit project.

What you’ll study

Core

  • Financial Mathematics in Discrete Time
  • Markov Processes and Applications
  • Machine Learning
  • Risk and Survival Models
  • Mathematics and Computing for Finance Project

Electives

  • Topology
  • Cashflows and Interest Rates
  • Dynamical Systems
  • Assurance and Annuity
  • Financial Mathematics in Continuous Time

Source: swansea.ac.uk ↗

Before you apply

Background
2:2 honours degree in Mathematics, Computer Science, Engineering or Physics; other subjects assessed on mathematical content
English
IELTS 6.0 overall, minimum 5.5 per component

Source: swansea.ac.uk ↗

After graduation

Employment
94% of graduates in employment, study and/or other activities (HESA 2026, based on 2023/24 Graduate Outcomes data); as published on the programme page
Typical first roles
Statistical analysis, Research and development, Actuarial profession
Employers
AXA, BA, Deutsche Bank, Shell Research, Health Authorities, Local Government

Source: swansea.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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