Master of Science [M.Sc] (Mathematics and Computing for Finance)
Field of Study:
₹24.7 L/Yr
- Swansea University offers an M.Sc in Mathematics and Computing for Finance duration of 1 year.
- This course is offered on a full-time basis.
- This program is provided on-campus and off-campus.
- The MSc in Mathematics and Computing for Finance is designed to meet the demand for specially trained mathematicians in the world’s finance and insurance markets.
- Students will study different elements of mathematics and computing, and develop their research, project management, and written communication skills.
- Upon graduation students will be knowledgeable and specialized mathematicians with proven skills to independently deliver a substantial project, and the potential to make a serious difference in any organization.
- Students will first study a wide range of modules covering topics including stochastic processes, algebraic coding theory, black Scholes theory, and financial mathematics.
- Over the course of studies, students are assessed by a combination of written examinations, coursework, and the dissertation.
Tuition Fees
| Year | 1st Year Fees |
|---|---|
| Tuition Fees | ₹2470866 (GBP 23550) |
Other Expenses
| Head | Avg Cost Per Year |
|---|---|
| Living Expenses | ₹873459 (GBP 8325) |
| Book and Supplies | ₹38925 (GBP 371) |
| Total Cost | ₹912384 (GBP 8696) |
Eligibility & Entry Requirement
Academic Eligibility:
- Students should have completed a bachelor’s degree with:
- 60%; or CGPA 6.7 (10 point system); or CGPA 5 (7 point system); or CGPA 3 (4 point system)
- 55% or CGPA 6.1 (10 point system); or CGPA 4.5 (7 point system); or CGPA 2.67 (4 point system)
- Students should have a minimum of 2:2 Honours degree or equivalent in Mathematics, Computer Science, Engineering, or Physics.
- Students whose first degree is not in mathematics will be considered on an individual basis taking into account the mathematical content of their first degree.
Indian Student Eligibility:
- Completed a 4-year UG degree with first class in a relevant field from a recognized institution.
- Students with 70% marks in English in 12th from Senior School Certificate Examination (SSCE) from (CBSE) or Indian Certificate of Secondary Education (ICSE) from (CISCE); or Indian School Certificate (ISC) from (CISCE) can fulfill ELP requirement.
- Students must show that they have also studied for their Bachelor's degree in English.
Along with the minimum eligibility requirements, international students hailing from non-English speaking countries need to prove English proficiency through IELTS/TOEFL/any equivalent test to get admission to this program.
Scores Required
Required Document List
Following are the required Documents:
- Resume/CV - This provides a summary of a student's experience and skills.
- Higher Secondary School Certificate - The certificate provided by the education board after completion of the Higher secondary education.
- Statement of marks - The marks statement provided by the education board.
- Letter of Recommendation - This shows who recommended the student to pursue the degree.
- Statement of Purpose - This is an essay or any written statement written by the student while applying.
- English Language Requirement - This shows the test score of English Proficiency Exams such as IELTS, TOEFL, or PTE, etc.
- A letter confirming the Medium of Instruction is required from University unless it clearly states on the marks sheets/transcripts that all teaching has been conducted in English.
Course Guides
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VISA & Work Study
VISA
- Applicants from non-European countries who seek an international degree at Swansea University require a student visa. Once the student is accepted by the university, he /she should apply for a ‘short-term study visa (for a duration of fewer than 6 months)’ or ‘Tier-4 (General) student visa’.
- The application needs to be made through the UK Embassy or UK High Commission at their place of permanent residence. One must apply for a visa 3 months prior to the commencement of the course.
An applicant needs to pay the visa application fee before applying for a student visa and submit the following documents:
- Acceptance Letter
- CAS Number (Issued by the university)
- Proof of Financial support
- Passport
- Evidence of English Language Proficiency, if required.
- Once done with all the formalities, schedule and attend the visa interview.
Career and Placement after Course
An MSc in Mathematics & Computing for Finance significantly improves student's career prospects. Popular career destinations include the actuarial profession, finance, technology, and business, where mathematicians are in demand for statistical analysis, research, and development positions.
Recent Swansea graduates have been employed by AXA, BA, Deutsche Bank, Shell Research, Health Authorities, and Local Government.
Scholarship Grants & Financial Aids
| Name | Scholarship Per Student | Level of Study | Type | |
|---|---|---|---|---|
| Swansea International Excellence Scholarship | Scholarship per studentVariable Amount | Level Of StudyBachelor | TypeCollege-Specific | |
| Chevening Scholarship | Scholarship per studentVariable Amount | Level Of StudyMaster | TypeMerit-Based | |
| Commonwealth Shared Scholarships | Scholarship per studentVariable Amount | Level Of StudyMaster | TypeMerit-Based | |
| JN Tata Endowment Scholarship | Scholarship per studentVariable Amount | Level Of StudyDoctorate | TypeMerit-Based | |
| Deutschland Stipendium Program | Scholarship per student₹ 4.6 L/Yr$4,363 | Level Of StudyBachelor | TypeCollege-Specific | |
| Commonwealth Scholarship | Scholarship per studentVariable Amount | Level Of StudyDoctorate | TypeMerit-Based |
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