MSc Mathematical Finance
4.0 /5
- Public University
Department of Mathematics
Talk to ExpertMSc Mathematical Finance at Manchester University Overview
MSc Mathematical Finance
at Manchester University
MSc Mathematical Finance offered at University of Manchester is a PG course, which is considered the top-ranked course across the university and the country. Students who want to apply, can take up the course within the duration of 1 year. International students applying at for this course need to submit the necessary documents as per the department and the course. International students need to submit qualification proofs along with test scores of exams including IELTS, TOEFL and PTE. The University of Manchester tuition fee for MSc Mathematical Finance for the first-year international student is Pound 36,300 (INR 4,693,590). In addition to the tuition fees students need to look into other various factors that are necessary to manage their stay during the study at the university, which include the other necessary costs like:
- Accommodation costs
- Hostel fees
- Food
- Books
- Supplies
- Utilities, etc.
Duration | 1 year |
Tuition & Fees | ₹45.91 Lakh Get Fees details |
International Students Admission Website | Go to Website  |
Official Career Service Website | Go to Website |
Course Level | PG Degree |
MSc Mathematical Finance
Table of contents
MSc Mathematical Finance at Manchester University Fees
MSc Mathematical Finance
at Manchester University
The University of Manchester MSc Mathematical Finance fees includes first year tuition fee and cost of living for international students. The first-year tuition fee is around Pound 36,300 (INR 4,693,590). In addition to tuition costs, international students must manage their living expenses such as housing, food, and other utilities, which contribute to the total cost of living, estimated at Pound 8,925 (INR 1,154,003). The University of Manchester cost varies depending on the additional cost.
Refer to the table below for a detailed fee breakup of the University of Manchester MSc Mathematical Finance.
1st year tuition fees | Fees components | Amount (for 1 year) |
|---|---|
| Tuition & fees | INR 45,91,099 |
Other expenses in 1st Year | Fees components | Amount (for 1 year) |
|---|---|
| Hostel & Meals | INR 11,28,803 |
| Insurance | INR 98,146 |
Calculated at the exchange rate of 1 Pound = INR 126.47656 | Tuition & expenses were last updated on 16ᵗʰ December 2025Download exam sample paper
IELTS
IELTS
TOEFL
PTE
MSc Mathematical Finance at Manchester University Entry Requirements
MSc Mathematical Finance
at Manchester University
Requirements for 12th grade
- No specific cutoff mentioned
Graduation
- No specific cutoff mentioned
- Read less
- Applicant must have a good honors degree
- Applicant must have
- A good background in Probability Theory is essential; for example two courses in Probability, Probability 1 and Probability 2
- Knowledge of Statistics is highly desirable, for example, Introduction to Statistics
- More advanced courses in Probability are highly desirable, for example, Foundations of Modern Probability
- Knowledge of measure-theoretical Probability and/or measure theory is desirable as well
- An introduction to Markov processes is desirable but not essential, for example, Random models or Markov processes, but not essential
- Knowledge of real analysis is essential and complex analysis is desirable, for example, Real and Complex Analysis
- Knowledge of basic calculus, for example, Calculus and Vectors A, and ordinary differential equations is essential, Calculus and Applications A
- Knowledge of partial differential equations is highly desirable, for example, Partial Differential Equations and Vector Calculus A
- Knowledge of solving partial differential equations numerically is desirable but not essential
- Although there is no formal requirement for previous programming experience, a familiarity with writing computer programs (for example, in Python, MATLAB, C/C++ or Java) is desirable
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Calculate your score and check your eligibility at over 2000+ universities.
GPA
Percentage
CGPA
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TOEFL
- No specific cutoff mentioned
PTE
- Marks - 59/90
- NA
IELTS
- Marks - 6.5/9
- Read less
- with at least 6.5 in writing and 5.5 in each other component
- Get a Full FREE IELTS Prep Course with Shiksha Study Abroad – Limited Seats for Weekend & Weekday Batches! Register now for IELTS
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MSc Mathematical Finance at Manchester University Application Process
MSc Mathematical Finance
at Manchester University
Step one
Prepare documents for application
LOR
- Two academic reference letters, or a professional reference letter if the applicant is graduated more than two years ago
- MSc Mathematical Finance: At least one academic reference letter from current/most recent institution
Step two
Additional documents required
- Online application form
- Evidence of English language ability
- Transcripts:
- First and second-year transcripts (translated if not in English)
- A list of final year units and a GPA certificate which shows the current average expressed as a percentage and verified by the current institution
- Copy of passport
Step three
Start your online application
MSc Mathematical Finance at Manchester University Rankings
MSc Mathematical Finance
at Manchester University
University Ranking
| Rank | Rank Publisher |
|---|---|
| #20 | |
| #24 | |
| #60 |
MSc Mathematical Finance at Manchester University Placements
MSc Mathematical Finance
at Manchester University
| Particulars | Statistics (2024) |
|---|---|
| Internship Available | Yes |
University of ManchesterStudents Ratings & Reviews
4/5
41 Verified ReviewsStudent Views (Based on Reviews)
- 55% students never faced discrimination in this university
Vibe of Campus
Multi-dimensional
Academically oriented
Friendly
Liberal
Internships3.2
Part time work3.7
Post study jobs3.6
Quality of faculty4.4
Student Life4.7
Value for money3.7
Public transportation4.7
Safety4.3
Indian Food4.4
Permanent Immigration3.1
A
Anonymous
MSc in Data Science (Computer Science Data Informatics) - Batch of 2025
4.6
Suitcases, seminars and self-discovery: My MSc story beyond borders and books.
Tips: Studying at the University of Manchester is about way more than just getting a degree—it completely accelerates your personal growth. Moving to the UK comes with a real culture shock, from local civic habits to how heavy the drinking and night culture can be around student hubs.
Academically, it’s a huge breath of fresh air compared to India. The coursework is incredibly practical rather than theory-heavy. For my very first assignment, we actually built a database for a custom Manchester-themed Monopoly game instead of just writing endless essays. On top of that, Manchester is easily the biggest tech hub outside London, so tech meetups, startup events, and networking opportunities are everywhere. I was awarded the £8,000 Bicentenary Global Futures Scholarship, which was credited straight toward my tuition fees. If you're coming here, be ready to step out of your comfort zone.
Total Monthly ExpensePound 825
Prepping time for classes28 hours/Week
Expected Annual SalaryPound 35000
T
Tanvi Pawar
MSc in Accounting and Finance - Batch of 2025
3.7
UoM Experience after a Master's degree
Tips: Students should inquire about the modules and other facilities provided by the university. Alongside this, the safety of the city is also something important to look into. Also check if the university is city-based or campus-based, depending on the kind of lifestyle one wants to have. Campus-based universities are situated in the countryside and can feel a little remote. Studying in a city-based university means everything is nearby, and you don't have to spend hours on public transport to go out for a social outing.
Likes (Public transportation): Getting around Manchester as a student is ridiculously easy and cheap, which is why I gave public transport a top rating. For starters, the 147 bus runs straight down Oxford Road through the main university campus and is totally free if you show your student ID. Plus, the Free Bus routes 1 and 2 make getting around the city centre and going between Piccadilly and Victoria stations completely free for everyone.
For everything else, Andy Burnham’s Bee Network has made bus travel super affordable. Single fares are capped at £2, and no matter how many buses you hop on in a single day, you'll never pay more than £5 total. Between the constant buses running up and down Oxford Road and the Metrolink trams connecting you to places like Salford Quays or Didsbury, you honestly don't need a car at all.
Dislikes (Internships): I gave internships a low rating because my specific modules didn't offer any built-in placement options or course-integrated internships. You are pretty much expected to hunt for opportunities on your own through external job boards or the university’s Handshake portal.
While the University of Manchester Careers Service is useful for fixing up your CV or running mock interviews, they don't hand out placements or match you directly with employers. The UK internship market around Greater Manchester—and across the UK in general—is brutally competitive right now. Unless your degree has a built-in placement year, you have to do all the legwork yourself. Finding time to apply to dozens of places while handling a full course load at Manchester gets overwhelming fast.
Total Monthly ExpensePound 1100
Prepping time for classes20 hours/Week
Expected Annual SalaryPound 28000
A
Anonymous
MSc Management of Projects - Batch of 2025
4.3
If you are able to utilise your time and opportunities well, It is an ideal option for early ROI.
Tips: The university is heavily academic. Come ready, for you have to read a lot of papers and write research papers. Choose your course wisely, as courses sound similar, but course structure can be different. Apply for scholarships early, as the spots tend to fill quickly. Try to live in student accommodation (either from the university or private), as it significantly reduces your stress. These accommodations organize events that allow you to network with students outside of your cohort.
Likes (Public transportation): I gave it a 5 because getting around Manchester is just incredibly cheap and easy. They use the yellow Bee Network buses and Metrolink trams here, and everything has a daily spending cap. You basically won’t cross five quid a day for bus fares, no matter how much you're hopping on and off. The city center and the main campus along Oxford Road are also completely walkable, so if you land a student house nearby in a spot like Fallowfield, you can honestly save a massive chunk of money just by walking to your lectures. Plus, having Manchester Airport sitting right on the direct train line within the city limits makes traveling back home or catching international flights entirely stress-free.
Dislikes (Internships): The university provides career workshops and guidance, but they don't have any dedicated placement cell for internships. They give sessions for CV review, interview preps, etc., but no specific companies come for special drives. You need to make your own connections, ask for opportunities, and network to get those positions.
Total Monthly ExpensePound 1100
Prepping time for classes20 hours/Week
Expected Annual SalaryPound 35000
A
Anonymous
MSc in International Development: Politics, Governance and Development Policy - Batch of 2025
3.8
Research and multidisciplinary focussed university
Tips: It gives immense opportunity for research and scope for development in the field but there are few opportunities for placement. There are scholarships available and it's good to apply for them but the housing is expensive, especially those offered by the university. It's a cultural shift in terms of freedom and autonomy offered to students and highly commendable for the research and courses they offer and the way they teach.
Likes (Quality of faculty): The professors here are incredible—they’re massive names in their fields, but they’re still completely down-to-earth and will genuinely go out of their way to help you out. The teaching is honestly top-tier. They don't just stand there lecturing at you—they give you real, brutal feedback to actually make you better. But honestly, the real trick here is just surviving the sheer volume of work. They dump the reading lists on you way ahead of time. If you don't skim through that stuff before class starts, you are going to be completely lost from minute one. Pre-reading is the only way to stay afloat, because then you can walk into office hours with specific, smart questions instead of just staring blankly at them. If you actually use those office hours right, the faculty will do whatever it takes to help you nail the material.
Dislikes (Post study jobs): Few companies offer post-study work visas, and very few are available in the domain. The university does not provide opportunities to interact with employers in the space. There are very few opportunities available in the UK to settle in this domain. The economy is not growing well, and this may not be the top choice for recruiters in this field specifically.
Total Monthly ExpensePound 1100
Prepping time for classes30 hours/Week
Expected Annual SalaryPound 28000
R
Rohan Dani
BSc in International Business, Finance and Economics - Batch of 2025
3.5
UoM: Prepare For The Greatest Years
Tips: Connect with batchmates before you arrive here; otherwise, making friends might prove to be a little difficult. Find people around your city through the groups that the university makes. Manchester is super easygoing with infinite options apart from just studying. You will spend some of the greatest years of your life there, to a point where you feel like life peaked in uni.
Likes (Part time work): It is very easy to find part-time jobs in Manchester since the city is quite big with a lot of businesses that survive solely on reliable part-time workers. The uni job shop has a lot of very good options for part-time jobs. Aim for student marketer jobs; those are less demanding and a lot more flexible with great pay.
Total Monthly ExpensePound 2550
Prepping time for classes15 hours/Week
Expected Annual SalaryPound 65000
View All 47 Reviews
MSc Mathematical Finance at Manchester University Highlights
MSc Mathematical Finance
at Manchester University
- The Department of Mathematics and Alliance Manchester Business School at the University of Manchester have combined their academic strength and practical expertise to deliver the MSc in Mathematical Finance (UK 1 year), ensuring that students can experience both the mathematical and economic perspective of the subject
- The course provides students with advanced knowledge and understanding of the main theoretical and applied concepts in Mathematical Finance delivered from a genuinely international and multi-cultural perspective with a current issues approach to teaching
- The focus is on mathematical theory and modelling, drawing from the disciplines of probability theory, scientific computing and partial differential equations to derive relations between asset prices and interest rates and to develop models for pricing, risk management and financial product development
MSc Mathematical Finance at Manchester University Scholarships
MSc Mathematical Finance
at Manchester University
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MSc Mathematical Finance at Manchester University Contact Information
MSc Mathematical Finance
at Manchester University
Address
Oxford Road, Manchester M13 9PL, UK
Manchester ( Greater Manchester)
Phone
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