Financial mathematics is a comprehensive interdisciplinary subject that integrates finance, information science, and engineering. Therefore, applicants for financial mathematics usually have a certain academic background, such as mathematics, computer science, physics, statistics, and engineering.Recommended universities for studying financial mathematics in the UKRecommended universities in the UK, ,Grading Management of British Institutions for Studying Abroad, ,How are the UK universities ranked?, ,Application requirements and procedures for studying in the UKThe problem.
Recommended universities for studying financial mathematics in the UK
1. University of Edinburgh
The University of Edinburgh's MSc in Financial Mathematics is a joint programme with Heriot-Watt University. It provides you with specialist knowledge in financial mathematics, including stochastic calculus, and a range of practical techniques for analysing financial markets. You will also learn about developing and managing quantitative skills for risk, which are in high demand among employers following the recent financial crisis.
Admission requirements: At least a UK undergraduate degree of 2:1 or above, a domestic undergraduate degree of 85% or above, mathematics or other mathematical background such as statistics, physics, and engineering.
IELTS requirements: total score 6.5, with no less than 6.0 in each section.
2. University of Leeds
The University of Leeds is one of the top universities in the UK with a glorious century-long history. The high-quality teaching level and rich and advanced teaching resources have made the financial mathematics major of this British university always ranked among the top fields in the UK.
Admission requirements: at least a UK undergraduate degree of 2:1, a domestic undergraduate degree of 85% or above, accounting, finance, economics, mathematics, physics, or computer-related background.
IELTS requirements: total score 6.5, no less than 6 points in each item.
3. University of Sussex
The school's finance major was once ranked second, so financial mathematics is naturally in high demand. This major is located in the School of Mathematics and requires a certain background in mathematics or engineering. Some students who studied this major before said they were quite satisfied! There is no graduation thesis for this major, and you can graduate as long as you complete all courses satisfactorily.
Admission requirements: at least a UK undergraduate degree of 2:1, a domestic undergraduate degree of 85% or above, with a background in mathematics, finance, economics, business, science, engineering, or computer science.
IELTS requirements: total score 6.5, writing no less than 6.5, other individual scores no less than 6.0.
4. London School of Economics and Political Science
LSE's Financial Mathematics major is more technical and targeted. The Master of Science in Financial Mathematics program at the 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 guidance in financial mathematics theory and corresponding computational method training.
The program has the following advantages: It focuses on cultivating students' understanding of quantitative methods and the necessary skills for investment banks and other financial institutions; research-based teaching aims to enhance students' critical appreciation of major issues and emerging theories in the field of financial mathematics; and provides students with opportunities to improve their personal skills, including logical reasoning, quantitative analysis and presentation of technical results.
Admission requirements: At least a UK undergraduate degree of 2:1 or above, a domestic undergraduate degree of 85% or above, and a background in mathematics or mathematics-related.
IELTS requirements: total score 7.0, with no less than 5.5 points in each section.
5. King’s College London
King's College London is one of the colleges under the University of London. Like IC and LSE, it is also one of the more difficult schools to apply for! The requirements for students are higher than other schools of the same level! This major is located in the School of Mathematics, and it repeatedly emphasizes the requirement of a strong mathematical background, because there are relatively many mathematics-related courses in the curriculum.
Admission requirements: At least a UK undergraduate degree of 2:1 or above, a domestic undergraduate degree of 85% or above, and a background in mathematics or mathematics-related.
IELTS requirements: total score 7.0, with no less than 6.0 in each section.
Further reading: List of entry procedures for studying in the UK
1. Entry Procedure
1. Fill in the form
You can complete the entry card on the plane. Not everyone needs to fill out the card, so you can seek help from the flight attendants, who can guide you throughout the process. Of course, if you have prepared it in advance at home, you can just copy it.
2. Check the file
After getting off the plane, you need to go to the relevant window to undergo material inspection. You need to hand over the entry card, passport, visa and other documents to the staff for verification. The focus of the inspection is whether they are complete and authentic, so you don't need to worry too much.
3. Stamp
After passing the inspection, the staff will stamp your passport directly to confirm that the time you can legally stay in the UK will be stated on it, which is what we call Leave to enter. This can be processed together with the visa before it expires.
4. Collect your luggage
After completing all the inspections, you can go to the conveyor belt to pick up your luggage. Find the conveyor belt corresponding to your flight and pick it up directly. Remember to check it. If there is any damage, you can claim compensation from the flight.
II. Entry Materials
The first thing is everyone's identity documents, that is, the basic documents required to enter the country, passport and visa, as well as air tickets. You need to carry this part with you, because you need to show it when boarding the plane from the country to ensure your legal identity.
You also need proof of identity as an international student, because there are many purposes for going abroad, and only a legal purpose can guarantee a smooth exit, so you also need to show the admission notice issued by the school, either the original or a copy will do, the original will be more recognized.
The last thing is everyone’s medical examination certificate. You need to show the medical examination report you prepared when applying for a visa, as well as the vaccination documents, so that you can meet the health requirements for entry and ensure your physical qualifications.
After the inspection, the staff will generally ask everyone to go to the Aliens Office, 10 Lamb's Conduit Street, London WC1 to register within the specified time. Everyone must prepare according to the requirements.
Extended reading: Introduction to the advantages of applying to study in the UK
1. Educational Advantages
Education in the UK has a history of hundreds of years. The quality of education in the UK is of high standard and strict standards. There are many universities in the UK that are ranked among the top universities in the world. About one-fifth of the top 100 universities in the world are in the UK. Students have a lot of choices when studying in the UK. The academic qualifications obtained in British universities are of high value and are recognized internationally. The teaching methods in the UK are very different from those in China. British schools mainly cultivate students' independent learning and hands-on ability. In the UK, you can choose from a variety of majors, some of which are very specialized, and there are also many relatively advantageous majors such as art and business.
2. Language Advantage
English is the official language in the UK. If you want to learn English, you can get a pure English environment. You can get a lot of opportunities to learn English and put it into practice in the UK. Universities in the UK use English for teaching. You don't need to spend time learning another language. As long as your English is good enough, you can choose your favorite major in a British university. There is no language requirement other than English.
3. Short duration of study
In the UK, if you are studying an undergraduate course, it only takes 3 years of study. If you are studying a master's course, most courses only take 1 year of study. In this way, you can save part of the tuition fees, and you can also enter the workforce earlier.
IV. Culture
Britain has a very long history. After class, students can go to British cities to experience a cultural atmosphere that is completely different from that of China. There is also a lot of music, movies, theaters and literature that you can enjoy in Britain.
5. High employment rate
Universities in the UK are very concerned about the employment of students after graduation. Their courses are designed based on the employment of students, and there is no course that is useless for students' employment. Students' study experience in the UK can give them more job opportunities after returning home, and they also need people with high English proficiency.
Further reading: Things not to do as a freshman studying in the UK
1. Never cheat
If you are caught cheating in an exam in China, you may just fail the exam or be criticized, which will not affect your future study career. However, if you are caught cheating in an exam while studying in the UK, this stain will accompany your entire study abroad career, and it will be a big problem whether you can graduate successfully in the end! So here I advise all students not to test the "law"!
2. Don’t smoke indoors
Smoke alarms can be seen everywhere in the UK, and they are quite sensitive, especially in student dormitories. Even if you are in your own dormitory, you cannot smoke at will. If you cause the smoke alarm to sound because of smoking, then congratulations, along with the fire brigade, there will be a fine of hundreds of pounds.
Also, please note that you should not stir-fry in the kitchen. If you really want to show off your cooking skills, please be sure to close the door and open the window, otherwise your smoke alarm will also result in a fine for you!
3. Don’t challenge deadlines
Deadline is the last date for submitting assignments. If you submit your assignments later than the diadline, you will be deducted a certain percentage of your score. If you fail the course because of this, you will be in tears!
4. Don’t mess with small animals
Don't mess with seagulls! Pigeons! Geese!!!
British law stipulates that all animals in the UK are the Queen’s private property and are protected. If you harm these small animals, you will reportedly be deported!
5. Don’t eat daffodils
Every spring, supermarkets sell bundles of daffodils, and there are also many daffodil buds in the wild grass, which are very similar to garlic sprouts in China.
But, be careful!!!
Garlic shoots are edible, but daffodils are not only inedible, but also poisonous! Its value is limited to viewing. Don't try it just because it looks like garlic shoots. Many people are poisoned by it every year.
6. Skipping classes
For domestic universities, even if you skip classes, you will have to fail the course at most and retake it. But in the UK, if you miss classes for ten days or more without reason, the school will report it to the Home Office. Once verified, you may be deported...
7. Ticket evasion
In the UK, you can’t just pay the fee to evade a fare!
Once it is verified that you have really evaded the fare, you will be fined at the very least, and in serious cases, you will be taken to court. At that time, the problem cannot be solved by the price of a ticket!
Recommended universities for studying financial mathematics in the UK
Summary of recommended universities for studying financial mathematics in the UK
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