MSc Financial Mathematics
4.1 /5
- Public University
School of Mathematics
Talk to ExpertMSc Financial Mathematics at University of Edinburgh Overview
MSc Financial Mathematics
at University of Edinburgh
The University of Edinburgh is a prominent institution among PG students looking to pursue a MSc Financial Mathematics from abroad. The typical duration of the program is 12 months. It is among UK’s top-ranked courses and is rated very highly by several prominent ranking platforms including Shiksha. Interested candidates must submit their admission applications as early as possible due to limited availability of seats.
The first year The University of Edinburgh tuition fees for its MSc Financial Mathematics is around GBP 26,000. Students are also advised to plan for some other costs they may incur over the duration of studies, including accommodation, groceries, insurance, utilities among others. The average estimated cost of living is around GBP 6,052.
Duration | 12 months |
Tuition & Fees | ₹31.18 Lakh Get Fees details |
International Students Admission Website | Go to Website  |
Official Career Service Website | Go to Website |
Course Level | PG Degree |
MSc Financial Mathematics
Table of content
- Overview
- Fees
- Entry Requirements
- Rankings
- Placements
- Highlights
- Scholarships
MSc Financial Mathematics at University of Edinburgh Fees
MSc Financial Mathematics
at University of Edinburgh
For attending The University of Edinburgh for MSc Financial Mathematics, students have to pay the tuition fee as well as the living expenses. The University of Edinburgh MSc Financial Mathematics fee structure varies for domestic and international students.
Foreign students will have to pay GBP 26,000 for the first-year of study. Other than the annual tuition fee, they will also have to cover the living expenses (includes housing, food, transportation, books and supplies, and other miscellaneous expenses), which is around GBP 6,052 for overseas students. Based on the student’s lifestyle and purchasing power, the cost of living varies.
Refer to the table below for the breakdown of expenses for The University of Edinburgh MSc Financial Mathematics cost of attendance:
1st year tuition fees | Fees components | Amount (for 1 year) |
|---|---|
| Tuition & fees | INR 31,17,660 |
Other expenses in 1st Year | Fees components | Amount (for 1 year) |
|---|---|
| Hostel & Meals | INR 7,25,695 |
| Transportation | INR 93,530 |
Calculated at the exchange rate of 1 Pound = INR 119.91 | Tuition & expenses were last updated on 19ᵗʰ April 2025Download exam sample paper
IELTS
IELTS
PTE
MSc Financial Mathematics at University of Edinburgh Entry Requirements
MSc Financial Mathematics
at University of Edinburgh
Requirements for 12th grade
- No specific cutoff mentioned
Graduation
- 60%
- Read less
- Entry requires a UK 2.1 degree or equivalent in Mathematics, Financial Mathematics, Actuarial Science or Statistics. Applicants are required to have completed courses on probability, statistics, analysis/calculus and ordinary differential equations.
- Knowledge of partial differential equations, time series and multivariate statistics is desirable.
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GPA
Percentage
CGPA
Out of 4
PTE
- No specific cutoff mentioned
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Convert your GPA to Percentage
Calculate your score and check your eligibility at over 2000+ universities.
GPA
Percentage
CGPA
Out of 4
IELTS
- Marks - 6.5/9
- Minimum 6.0 in each component
- Get a Full FREE IELTS Prep Course with Shiksha Study Abroad – Limited Seats for Weekend & Weekday Batches! Register now for IELTS
Other eligibility criteria
- Academic Transcripts
- Proof of ELP score
Conditional Offer
- Yes
- Read lessThe offer the University makes to students will be conditional or unconditional. If the offer is conditional, the University will set out the conditions that students will need to fulfill in order to be admitted onto their chosen programme. The offer may be conditional upon student passing an English language test
Sign-up to view details
MSc Financial Mathematics at University of Edinburgh Rankings
MSc Financial Mathematics
at University of Edinburgh
University Ranking
| Rank | Rank Publisher |
|---|---|
| #13 | |
| #18 | |
| #6 |
MSc Financial Mathematics at University of Edinburgh Placements
MSc Financial Mathematics
at University of Edinburgh
| Particulars | Statistics (2021) |
|---|---|
| Internship Available | Yes, Adding depth to learning, the work placement programme puts you at the heart of organisations such as Aberdeen Asset Management, Moody’s Analytics and Lloyds Banking Group. |
The University of EdinburghStudents Ratings & Reviews
4.1/5
29 Verified ReviewsStudent Views (Based on Reviews)
- 31% students never faced discrimination in this university
Vibe of Campus
Academically oriented
Multi-dimensional
Friendly
Liberal
Internships3.2
Part time work3.7
Post study jobs3.9
Quality of faculty4.6
Student Life4.6
Value for money3.8
Public transportation4.8
Safety4.7
Indian Food4.2
Permanent Immigration3.4
A
Anonymous
MSc Human Resource Management - Batch of 2025
Offered by The University of Edinburgh
4.3
The university is well recognized; I had a great experience.
Tips: To be honest, back in India, the method of teaching is really different, and it takes some time to adapt. My university provides various scholarships, from a full scholarship to some percentage of the tuition fees.
Likes (Quality of faculty): I feel really fortunate to have had such a supportive and approachable faculty. They were excellent. The best part was to have mentors who have great connections and work experience across the globe.
Dislikes (Internships): No doubt there is a decent amount of guidance provided, in fact, the university organises various networking events and workshops as well. Yes, there are internships available across the UK. Still, a lot depends upon the job market and the field you are in.
Total Monthly ExpensePound 1200
Prepping time for classes30 hours/Week
Expected Annual SalaryPound 35225
P
Pranshi Arora
MA in Accounting and Finance - Batch of 2025
Offered by The University of Edinburgh
4.2
A transitional turn-point of my personality.
Tips: You won't find any transition; just come with an open heart and mind to explore and accept everything. You can make the most of it. There are many scholarships available if you apply on time. I received the Dean's Excellence Award from the University. I received every possible support from the university, from academics to mental well-being. The course is culturally diverse, which gives you an edge to think outside your borders. Scotland is very beautiful, especially Edinburgh. It's a very safe and walkable city, with friendly faces and kindness in people's hearts.
Likes (Indian Food): There's no need to pack your bag with Indian food and spices; there are so many Indian and Asian shops in Edinburgh, and you can find everything here, from mustard oil to cereals! Plus, if you don't feel like cooking, there are also economical eating-out options.
Dislikes (Internships): There is no collaboration between the university and the industry for internships. Students have to find internships on their own, and the job market often prefers undergraduates for summer and winter internships over postgraduates, making it difficult for students to secure them.
Total Monthly ExpensePound 950
Prepping time for classes10 hours/Week
Expected Annual SalaryPound 38925
Vishal Ghuge
MSc Finance, Technology and Policy - Batch of 2025
Offered by The University of Edinburgh
3.7
Working part-time might be challenging alongside academics, research, and job applications.
Tips: The University of Edinburgh is the best choice if you prioritise strong academics and personal growth. Though Edinburgh is a smaller city, it offers everything you need: great cafes, restaurants, events, and festivals. There are also numerous healthy options, gyms, and MMA clubs. The city boasts many scenic spots, but be prepared for unpredictable weather – the sun can come and go in the same hour. There are also many forest reserves in the city where you can run, hike, or film. If you're seeking a tranquil environment to focus on your studies and stay active, Edinburgh is ideal. However, if you prefer a fast-paced, "hustle culture" city, consider Glasgow, Manchester, or London instead.
Likes (Public transportation): Most of Scotland is well-connected by public transport. Coming from someone who used to have their own vehicle, I find it quite good. You can purchase monthly or yearly passes for unlimited travel. Buses and trains are consistently on time and run frequently, even in areas like the Highlands, and offer student discounts for out-of-town travel. Scotrail and Citylink are excellent options for travelling within Scotland. If you're under 21, apply for a ScotRail travel card for free public transport until your 22nd birthday. For solo travellers, check out hostellingscotland.com for affordable and well-equipped hostels.
Dislikes (Part time work): If you're pursuing a demanding master's degree like mine in Fintech, working part-time might be challenging alongside academics, research, and job applications. However, undergraduates should definitely consider it. It's best to apply before arriving in August, as Edinburgh is a smaller city, and jobs fill up quickly. Candidates with prior experience will likely be prioritised, unless you have a referral from a friend or someone local. Before you arrive, apply to major stores like Sainsbury's, Aldi, Tesco, Asda, Lidl, and JD Sports, as most applications are done online. For more local positions, create a profile on Indeed.
Total Monthly ExpensePound 1600
Prepping time for classes35 hours/Week
Expected Annual SalaryPound 50000
S
Sruti Mishra
MSc Management - Batch of 2025
Offered by The University of Edinburgh
4.3
An enriching academic experience with supportive faculty and diverse opportunities.
Tips: Be prepared for a rigorous academic environment. Make sure to understand visa requirements, the cost of living, and available support services. Networking and early engagement with career services can help secure opportunities. Transitioning involved adapting to an independent learning style and a multicultural environment. Initially, I felt a bit isolated, but I gradually adjusted to diverse perspectives and social customs, which enriched my experience. I received a partial tuition scholarship based on academic merit. The allowance was 35,000, which helped offset tuition fees. The university offers excellent academic support, the course is well-structured with a strong focus on real-world skills, and the country is safe, welcoming, and culturally vibrant.
Likes (Quality of faculty): The University of Edinburgh has outstanding faculty known for their expertise, research, and industry engagement. Professors are approachable, support innovation, and incorporate real-world examples in teaching, making the learning experience exceptional.
Dislikes (Post study jobs): While the University of Edinburgh has a strong academic reputation, some graduates face difficulties securing employers willing to sponsor work visas, which can hinder long-term employment prospects in the UK. There are concerns about the university's support in providing exposure to the job market, which affects the ease of securing employment post-graduation.
Total Monthly ExpensePound 200
Prepping time for classes15 hours/Week
Expected Annual SalaryPound 32000
A
Anonymous
MSc Management - Batch of 2025
Offered by The University of Edinburgh
4.6
Bridging cultures and building future.
Tips: The University of Edinburgh encourages students to think independently and become leaders. Take ownership of your studies and make your own decisions about your learning. I was able to make both cultural and academic improvements, and I’m pleased with my studies here.
Likes (Value for money): The University of Edinburgh gives us good returns like working for 2-3 years with a great pay and going back to your home country. The return on investment is good. The reputation you get after studying from this university is commendable, and everyone knows about the university. It has worldwide reach.
Dislikes (Permanent Immigration): I don’t prefer settling here permanently as I think we have abundant facilities back in our home country to grab. And the weather over here in Scotland is not suitable for me. Also, people here are very humble and easy-going, but hometown hits different.
Total Monthly ExpensePound 1000
Prepping time for classes15 hours/Week
Expected Annual SalaryPound 50000
View All 32 Reviews
MSc Financial Mathematics at University of Edinburgh Highlights
MSc Financial Mathematics
at University of Edinburgh
- This MSc programme is run by Heriot-Watt University jointly with The University of Edinburgh. Upon graduation, students will receive a degree certificate bearing crests of both universities.
- It provides students with expertise in financial mathematics, including stochastic calculus, and a range of practical techniques for analysing financial markets.
- Students will also learn quantitative skills for developing and managing risk that are in high demand.
- This programme involves two taught semesters of compulsory and optional courses, followed by a dissertation project.
- The teaching is shared between Heriot-Watt University (HW) and The University of Edinburgh (UoE). The timetable is arranged so that students spend three days a week at the Heriot-Watt Riccarton Campus and two days a week at University of Edinburgh's King's Buildings Campus.
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MSc Financial Mathematics at University of Edinburgh Scholarships
MSc Financial Mathematics
at University of Edinburgh
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About the author
Tasneem Hoda is a Content Creator and Writer working for Shiksha.com. Her role includes developing and maintaining web pages for international universities at the Shiksha Study Abroad Portal, ensuring accuracy, completeness, and alignment with instit...Read Full Bio
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MSc Financial Mathematics at University of Edinburgh Contact Information
MSc Financial Mathematics
at University of Edinburgh