MSc Mathematics and Computing for Finance at Swansea University

Programme overview

A master's for specially trained mathematicians in finance and insurance, covering probability theory, stochastic processes and stochastic analysis applied to derivative pricing and risk quantification.

Department: School of Mathematics and Computer Science | Duration: 1 year full-time; 2 or 3 years part-time | Intake: September 2026; September 2027 | Location: Swansea, Wales, United Kingdom

What you will study

Compulsory modules are Financial Mathematics in Discrete Time, Markov Processes and Applications, Machine Learning, and Risk and Survival Models. Students choose 40 credits from Topology, Cashflows and Interest Rates, Dynamical Systems, Assurance and Annuity and Financial Mathematics in Continuous Time, then complete a 60-credit Mathematics and Computing for Finance Project.

Career pathways

The actuarial profession, finance, technology and business; graduates have been employed by AXA, BA, Deutsche Bank, Shell Research, health authorities and local government.

Official programme page

Application information

Entry requirements

A 2:2 honours degree or equivalent in Mathematics, Computer Science, Engineering or Physics; applicants whose first degree is not in mathematics are considered individually by the mathematical content of their degree. English language: IELTS 6.0 overall with at least 5.5 in each component or equivalent.

Domestic applicants: GBP 12,500 for the whole programme (2026/27). Full-time, September 2026 entry Source

International applicants: GBP 27,300 for the whole programme (2026/27). Full-time, September 2026 entry Source

Intake: September 2026; September 2027

Duration: 1 year full-time; 2 or 3 years part-time

Explore more study programmes

STEM