MSc Financial Mathematics
4.1 /5
- Public University
School of Mathematics
Talk to ExpertMSc Financial Mathematics at Edinburgh University Overview
MSc Financial Mathematics
at Edinburgh University
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 | ₹30.52 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 Edinburgh University Fees
MSc Financial Mathematics
at Edinburgh University
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 30,52,400 |
Other expenses in 1st Year | Fees components | Amount (for 1 year) |
|---|---|
| Hostel & Meals | INR 7,10,505 |
| Transportation | INR 91,572 |
Calculated at the exchange rate of 1 Pound = INR 117.4 | Tuition & expenses were last updated on 19ᵗʰ April 2025Download exam sample paper
IELTS
IELTS
MSc Financial Mathematics at Edinburgh University Entry Requirements
MSc Financial Mathematics
at Edinburgh University
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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IELTS
- Marks - 6.5/9
- Minimum 6.0 in each component
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Other eligibility criteria
- Academic Transcripts
- Proof of ELP score
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MSc Financial Mathematics at Edinburgh University Rankings
MSc Financial Mathematics
at Edinburgh University
University Ranking
| Rank | Rank Publisher |
|---|---|
| #18 | |
| #6 | |
| #15 |
MSc Financial Mathematics at Edinburgh University Placements
MSc Financial Mathematics
at Edinburgh University
| 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
26 Verified ReviewsVibe of Campus
- Academically oriented
- Multi-dimensional
- Friendly
- Easy going
Student Views
- 30% students never faced discrimination in this university
Internships3.3
Part time work3.7
Post study jobs3.9
Quality of faculty4.5
Student Life4.6
Value for money3.8
Public transportation4.8
Safety4.7
Indian Food4.2
Permanent Immigration3.4
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.
Reviewed on 2 Jun 2025Read more
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.
Reviewed on 1 Jun 2025Read more
S
Saanvi Sinha
MA (Hons) English Language and Literature - Batch of 2028
Offered by The University of Edinburgh
3.5
Few administrative issues but a lot of opportunities for students.
Tips: Prepare yourself for the weather. It's very windy and chilly in general, but there are multiple good days, which makes you appreciate the sun. There are lots of cultural differences, and many different cultures, so it's nice to keep an open mind and try to meet new people. You will change in many ways unknowingly, but it will teach you to be more resilient. Also, socialising is tough, but it is literally the most important in the first year. It's nice to have friends who will support you. There are very specific scholarships with relatively small amounts of funding. They are course-specific, but each course has awards based on exceptional performance, which can grant you some allowance. I've been able to challenge myself by trying to learn more. Tutorials are very engaging. The university is quite good, too, however, there's a rift between the student council and administration regarding funding and investment. Scotland is very scenic and safe. It's not too tough to make friends. Overall, I am very much satisfied with my experiences.
Likes (Student Life): Extremely diverse range of societies. We can find something for almost any niche, and can make societies too. The students' union council is extremely supportive and also provides a lot of opportunities for students. Societies and people in them are very engaged and positive. For the academic, there are so many peer support groups, including one-on-one writing sessions, reading groups and of course, the professor's office hours. I feel very supported and included.
Dislikes (Permanent Immigration): The UK, in general, has been implementing stricter immigration laws, so I'm not sure, maybe the chance of permanent immigration is 60%. I want to travel more before choosing a place to live, but this is a good place to live. Maybe somewhere warmer might suit me more, but there are a lot of opportunities for artists/creatives.
Reviewed on 15 May 2025Read more
Govind Arun Nampoothiri
MSc Data Science - Batch of 2025
Offered by The University of Edinburgh
4.2
There are lots of Indians, Indian stores and restaurants, so you'll not completely miss home.
Tips: For me, the transition felt very smooth and not difficult at all. If one has previously had to move to a different state for their studies and had to live by themselves in a PG or otherwise, this will feel the same, even though it's to a different country and continent altogether. The cultural shift isn't too extreme either, since it's heavily dependent on the friend group you are with, mostly. There are lots of Indians, Indian stores and restaurants, so you'll not completely miss home. You also get to experience the cultures of all the students from different countries if you befriend them, which is a great learning experience. I'd received the India Merit Scholarship, which is automatically given to eligible students based on their application and undergraduate scores, worth 5000 GBP. This is deducted from the tuition fee and not something that is given to the students directly. I'm honestly very satisfied with the university, course and country. While there are a few gripes that I have with the infrastructure available to the students, this has been a very fun and pleasant experience overall. Scotland and Edinburgh are extremely safe, very walkable, and amazing places to be, and the people are super sweet and friendly.
Likes (Student Life): An average day in college involves 2 to 3 hours of classes, which can be a mix of theory and lab classes. Lab classes are very well arranged in that they help you implement and practically learn what was taught in the theory classes. Depending on which campus the class is on, a decent chunk of time on campus might be spent on travelling between the campuses, though a bus service makes this very easy. In terms of events, there is something or the other happening almost every day and every week, whether it be social events or guest lectures and all sorts. While I don't participate very often, it's very fun when I do. In terms of clubs and societies, there are tons of them ranging from computer Science societies to dance clubs to sports clubs and more. Anything you're interested in, there is probably a club or society for it.
Dislikes (Value for money): I think the tuition fee for the course is significantly higher than the average and compared to other Russel League universities in the UK, and not completely justified. While I agree that the course faculty are amazing and student communities and opportunities are amazing, a lot of the services provided such as the computing infrastructure to the students in the course are not as good as you'd expect for the cost of the course.
Reviewed on 25 May 2025Read more
A
Anonymous
MSc Mind, Language and Embodies Cognition - Batch of 2025
Offered by The University of Edinburgh
3.5
The current job market is especially tough to enter as an international student.
Tips: No particular cultural shifts. People are friendly. The India merit scholarship can be availed based on your undergraduate results. The course and university are good; however, the scope of post-study job opportunities may differ based on your degree. The current job market is especially tough to enter as an international student. Depending on your academic and professional interests, it might help to evaluate the amount of support the university provides in terms of securing a job, scholarships, and other networking opportunities during your period of study. It's also a good idea to actively contact alumni of your course to scope out opportunities and difficulties post-study.
Likes (Public transportation): Public transportation is good, with the bus system far-reaching. The campus itself is only a walking distance from university accommodation and close to the city centre and the railway networks. Students who are under 22 can avail free bus pass using the Young Scouts card.
Dislikes (Part time work): It might get challenging to find appropriate part-time work. International students face months of searching, sometimes with no avail. The university does post part-time jobs, but it can get challenging to secure one due to high competition. Part-time work once secured is quite manageable, but it can get tiring if the allowed 20-hour work week is opted for.
Reviewed on 23 Jun 2025Read more
View All 27 Reviews
MSc Financial Mathematics at Edinburgh University Highlights
MSc Financial Mathematics
at Edinburgh University
- 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 Edinburgh University Scholarships
MSc Financial Mathematics
at Edinburgh University
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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 Edinburgh University Contact Information
MSc Financial Mathematics
at Edinburgh University