MSc Quantitative Finance and Mathematics
at Heriot Watt University, Edinburgh

4.2 /5

(6 Reviews)

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#282 in World

#41 in UK

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Edinburgh Business School

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MSc Quantitative Finance and Mathematics
at
Heriot Watt University
Overview

Offered at the PG level of study by the Heriot Watt University, MSc Quantitative Finance and Mathematics is one of the top choices among international students around the globe. Students can do this course over a period of 12 months. Plus, candidates must meet the minimum score requirements for aptitude test and English proficiency exams such as IELTS, TOEFL and PTE for admissions to the university for MSc Quantitative Finance and Mathematics. Also, they must submit all the required documents. When it comes to the expenses of studying this program, the cost is divided into two parts, annual tuition cost and the cost of living. The annual Heriot Watt University tuition fee for MSc Quantitative Finance and Mathematics is around Pound 21,280 (INR 2,751,504). Also, the cost of living sums up to be around Pound 5,900 (INR 762,870). Note that this amount does not include:

Housing
Transportation
Food
Books and supplies
Other miscellaneous expenses

Duration	12 months
Tuition & Fees	₹27.28 Lakh Get Fees details
International Students Admission Website	Go to Website
Official Career Service Website	Go to Website
Course Level	PG Degree

MSc Quantitative Finance and Mathematics

Table of contents

Overview
Fees
Entry Requirements
Application Process
Rankings
Placements
Highlights
Scholarships

MSc Quantitative Finance and Mathematics
at
Heriot Watt University
Fees

Students are required to pay the first-year tuition fee as per the Heriot Watt University MSc Quantitative Finance and Mathematics fee structure. In addition to tuition costs students should budget for

housing
food
other utilities

These contribute to the total cost of living estimated at Pound 5,900 (INR 762,870). The overall cost may vary depending on additional charges imposed by Heriot Watt University. Students have to pay a total first-year tuition fee of Pound 21,280 (INR 2,751,504) for Heriot Watt University. Refer to the table below for a detailed fee breakdown of the Heriot Watt University MSc Quantitative Finance and Mathematics.

1st year tuition fees

Fees components	Amount (for 1 year)
Tuition & fees	INR 27,27,610

Other expenses in 1st Year

Fees components	Amount (for 1 year)
Hostel & Meals	INR 7,56,245
Total approximate fees	INR 7,56,245

Calculated at the exchange rate of 1 Pound = INR 128.17719 | Tuition & expenses were last updated on 30ᵗʰ June 2026

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MSc Quantitative Finance and Mathematics
at
Heriot Watt University
Entry Requirements

Requirements for 12th grade Lock Icon

No specific cutoff mentioned

Graduation Lock Icon

50%
A good honours degree in mathematics, statistics or a related subject with a substantial mathematical content is required

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GPA

Percentage

CGPA

GPA score

TOEFL

No specific cutoff mentioned

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GPA

Percentage

CGPA

GPA score

PTE

Marks - 61/90
NA

IELTS

Marks - 6.5/9
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MSc Quantitative Finance and Mathematics
at
Heriot Watt University
Application Process

Step one

Prepare documents for application

CV is required (For MA Interior Architecture and Design and MA Fashion and Textiles Design)

Step two

Additional documents required

Relevant transcripts from a current or previous programme of study
Proof of English language ability
References (if applicable)
Copy of the photo page of the passport
A portfolio of work which demonstrates skills and creativity (For MA Fashion and Textiles Design)
A portfolio of past design work (For MA Interior Architecture and Design)
ELP documentary evidence required for MSc in Construction Project Management
Students must submit a 2 or 3 page research proposal for MSc Advanced Computer Science

Step three

Start your online application

https://www.hw.ac.uk/study/apply/uk/postgraduate.htm

MSc Quantitative Finance and Mathematics
at
Heriot Watt University
Rankings

University Ranking

Rank	Rank Publisher
#29	University The Guardian, 2027
#31	UK University The Complete University Guide, 2027
#128	Europe QS, 2026

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MSc Quantitative Finance and Mathematics
at
Heriot Watt University
Placements

Particulars	Statistics (2021)
Internship Available	Yes

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Heriot Watt University
Students Ratings & Reviews

4.2/5

4 Verified Reviews Info Icon

Student Views (Based on Reviews)

67% students never faced discrimination in this university

Vibe of Campus

Friendly

Academically oriented

Multi-dimensional

Easy going

Internships3.5

Part time work4

Post study jobs3.8

Quality of faculty4.5

Student Life5

Value for money3.8

Public transportation4.5

Safety5

Indian Food4.5

Permanent Immigration3.8

Jagatheesh P Verified Icon

MSc in Data Science - Batch of 2024

3.8

Great faculty and highly engaging student life.

Tips: Students should be prepared to work hard since they'll be on their own a lot. The cultural shift was noticeable but manageable. The university has good faculty, but it's really up to you how you use it. Don't slack. Do lots of personal projects, go to career fairs, and network like crazy. Above all, though, if you're in IT, build a portfolio website. The country is safe and offers a warm welcome, and there are no other issues based on gender, sex or colour.

Total Monthly ExpensePound 950

Prepping time for classes15 hours/Week

Expected Annual SalaryPound

Reviewed on 10 Apr 2025Read more

Vaishnav Vijayakumar Sasikala Verified Icon

MSc Commercial Management and Quantity Surveying - Batch of 2023

4.5

Heriot-Watt university where safety, peace and future lies ahead

Tips: First of all life and the thought process change after coming to a different country. Britain is a place where most people are open-minded hence coming from a religious background makes us think as normal human beings. I got a scholarship of 1500 pounds from my university for an interview that they conducted before providing CAS. University life was so good that never made me regret it during my entire course. United Kingdom is a place where nature is touched with development so the feel while living in Edinburgh is perfect. The course and the study structure are so good that enable us to get a deep understanding of the course as well as prepares us for the current engineering situation.

Likes (Student Life): I study at Heriot-Watt University at Edinburgh, the university is situated towards the countryside which has a nice view. This provides the peaceful experience that I and other students have at the university. Each day we would go to the university for our daily classes and is most enjoyable when we are friends with the professor. Our university conducts different events. The most fun is the beer festival which of course is one good experience. Participation in the events depends on our classes and the timing of the events. There are different student clubs that are active all throughout the year.

Dislikes (Post study jobs): There are wide variety of jobs here in UK which can obviously be found in the largest job-serving platform called "indeed". No matter what the job is the candidate must go through the interview process. The hiring people look into the candidate's capability of doing the work and the ability to adapt to their environment. The minimum wage in UK is 10.42 pounds so usually the starting salary range is around 21000 pounds. As we all know each job has its own value and the pay of the job lies in parallel to the nature of the work done. One thing I like to point out is about visa sponsorship, many companies offer work visa sponsorship and the number of companies that offer Tier-2 work visas is growing day by day. All the details of it can be found on the official website of UK Visa and Immigration. The chance of getting an offer for visa sponsorship depends on the candidate's performance in the company.

Total Monthly ExpensePound 947

Prepping time for classes20 hours/Week

Expected Annual SalaryPound

Reviewed on 10 May 2023Read more

Rushikesh birhade Verified Icon

MSc in Construction Project Management - Batch of 2023

4.2

One of the best experience

Tips: There are scholarships provided at the start of the admission. You need to ask about those. The university is very particular about the assignments. Lots of skills are polished. Personality is developed overall. The country and university are really safe for students.

Likes (Student Life): There are lots of activities present in the student union. The library has an immense collection of books. The student union weekly has some other activities for students to keep them engaged. Games night, movies are also planned to make you feel less homesick.

Dislikes (Internships): The university helps in the preparation of CV and cover letter for applications. It helps you in interview preparation. They do not give interview opportunities. There are no on-campus placement options. The student has to take their own efforts to grab any internship.

Total Monthly ExpensePound 745

Prepping time for classes30 hours/Week

Expected Annual SalaryPound 27367

Reviewed on 9 May 2023Read more

Gurwinder Singh Verified Icon

BBA (Hons) in Bachelor of Business Administration - Batch of 2015

4.4

Helpful teachers at Heriot Watt University.

Tips: Students can expect a great time studying here. The campus is amazing, classrooms are upbeat and equipped with modern technology. Faculty is up to the mark. Just hunt out for cheaper accommodation if you can near the campus to save on traveling cost.

Likes (Quality of faculty): The teachers are great here. Very helpful when it comes to taking special classes and attending student queries. They have a great sync-up with students and encourage doubts even after classes. Every professor is highly acclaimed and qualified to deliver great learning.

Dislikes (Value for money): The university is quite expensive when it comes to transportation and living. I am living with my relatives but still due to lack of time for pursuing part time opportunities, the cost goes way higher for students with a tight monthly budget. Fee is high as well.

Total Monthly ExpensePound 319

Prepping time for classes30 hours/Week

Expected Annual SalaryPound

Reviewed on 17 Aug 2022Read more

(1)

1 person found this helpful

KRANTHI KUMAR SHOLINGAPURAM

BSc (Hons) Data Sciences - Batch of 2023

4.3

Best campus experience. Good opportunities at HERIOT WATT UNIVERSITY.

Tips: With the number of international students here, it's a very easy transition just the weather is a little cold so be prepared for that. Other than that, feel right at home! Scholarships are available if you apply for them early on in the process. Overall, quite happy with my choice of course and the HERIOT WATT University is a beautiful place to live, would definitely consider studying here. Likes;- The university has a job board through which students can apply for part-time jobs and internships. However, they should also check LinkedIn regularly for any new openings. Often, professors and university staff post vacancies on LinkedIn as well as emails, so keep a tab on your emails as well. Dislikes;-Hostel may improve the taste of food.

Total Monthly ExpensePound 0

Prepping time for classes20 hours/Week

Expected Annual SalaryPound

Reviewed on 27 Nov 2023Read more

(1)

1 person found this helpful

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MSc Quantitative Finance and Mathematics
at
Heriot Watt University
Highlights

This masters in Quantitative Finance and Mathematics course introduces innovative modern mathematical techniques and financial modelling.
It focuses on probability and statistics, which are often not included in standard mathematics degrees.
It's been designed to include the practical and pragmatic aspects of mathematical finance offering the relevant and modern skills relating to structured finance in demand in the UK and internationally.
The aim is to understand, both quantitatively and qualitatively, the risks and uncertainty involved. And, the wide range of optional courses offers the chance to tailor learning experience to suit the interests.
This full-time Quantitative Finance masters course starts in mid September and lasts one year