1. Studying financial mathematics in the UK
(1) Recommended by British financial mathematics institutions.
1, University of Edinburgh
The Master of Financial Mathematics of Edinburgh University is a cooperative project with Heriot Watt University. It provides you with professional knowledge of financial mathematics, including stochastic calculus, and a series of practical techniques for analyzing financial markets. You will also learn quantitative skills in developing and managing risks, which are in high demand by employers after the recent financial crisis.
Entry requirements: at least 2: 1 or above for British undergraduate, 85% or above for domestic undergraduate, mathematics, or other mathematics background such as statistics, physics, engineering.
IELTS requirements: the total score is 6.5, and each item is not less than 6.0.
2. University of Leeds
Leeds University is one of the top universities in Britain, with a glorious history of 100 years. High-quality teaching level and rich and advanced teaching resources make the financial mathematics major of this British university always rank among the top fields in Britain.
Admission requirements: at least a British bachelor's degree of 2: 1, a domestic bachelor's degree of more than 85%, accounting, finance, economics, mathematics, physics, computer-related background.
IELTS requirements: the total score is 6.5, and the single item is not less than 6.
3. University of Sussex
The school's finance major once ranked second, and natural finance mathematics was more sought after. This major is located in the School of Mathematics and requires a certain background in mathematics or engineering. Some students have studied this major before, expressing their satisfaction! There is no graduation thesis for this major, and you can graduate as long as you pass all the courses.
Entry requirements: Bachelor's degree in the UK is at least 2: 1, bachelor's degree in China is above 85%, and related background in mathematics, finance, economics, business, science, engineering and computer.
IELTS requirements: the total score is 6.5, the writing is not less than 6.5, and the other items are not less than 6.0.
4. London School of Economics and Political Science
LSE's financial mathematics major will be more technical and targeted. The Master of Financial Mathematics Program of London School of Economics and Political Science is based on the School of Mathematics, and is jointly run with the School of Finance and the School of Statistics to provide students with high-level theoretical guidance on financial mathematics and corresponding calculation method training.
The project has the following advantages: paying attention to cultivating students' understanding of quantitative methods and the necessary skills to engage in financial institutions such as investment banks; Research-oriented teaching aims to improve students' critical appreciation of the main problems and emerging theories in the field of financial mathematics; Provide students with opportunities to improve their personal skills, including logical reasoning, quantitative analysis and technical results display.
Entry requirements: at least a British bachelor's degree of 2: 1 or above, a domestic bachelor's degree of 85% or above, and a math or math-related background.
IELTS requirements: The total score is 7.0, and each item is not less than 5.5.
5. King's College London.
King's College London is one of the subordinate colleges of London University. Like IC and LSE, it is also one of the more difficult schools to apply for! The requirements for students will be higher than other schools at the same level! This major is located under the School of Mathematics, and it also repeatedly emphasizes the demanding mathematics background, because there are still many mathematics-related courses in the curriculum.
Entry requirements: at least a British bachelor's degree of 2: 1 or above, a domestic bachelor's degree of 85% or above, and a math or math-related background.
IELTS requirements: the total score is 7.0, and each item is not less than 6.0.
(B) the employment prospects of financial mathematics in the UK
1, investment bank
The most traditional form of banking is undergoing subtle changes. At present, the head offices of major banks are establishing internal risk management models, and talents in this field are urgently needed. However, due to the rigid employment system of banks, truly qualified people may not be able to do this.
Another important department within the bank, the Treasury Department, also needs financial mathematics talents. On the one hand, they operate in the inter-bank bond market, which is the main force of fixed-income securities in the future, and also the main force of financial mathematics product design such as corporate bond market and mortgage-backed bonds with great development space in the future.
2. Fund companies
Fund companies now need a group of talents who can do fund performance evaluation, risk control and asset allocation.
3. Securities companies: Securities companies are now in the most difficult period and are also seeking opportunities for survival through the design of collective wealth management products.
Second, go to the United States to study financial mathematics