Structured for those in full-time employment in the UK or overseas, the course qualifies high flying professionals in state of the art mathematical and quantitative finance, without the need for a career break.
You don't need to have studied mathematics at undergraduate level, provided you have a quantitative background and can demonstrate the requisite knowledge and aptitude for the relevant areas of mathematics. A good indicator for this is undertaking the admissions test.
Otherwise, there are no specific requirements: we have had students from all round the world (including from Cuba, Ghana, Guatemala, Ivory Coast, Tajikistan, Vietnam); some have had years of experience in the financial industry; others are new to their careers; some come to us already with a PhD/DPhil; while others use this as a springboard onto further postgraduate study. The common interest for all is an interest in mathematical finance.
Please see our pages for current students and alumni to see the type of people we attract on the course, including:
Counterparty Credit Risk Modelling, Lloyds Banking Group
My main aim for attending the course was to deepen my understanding of the various mathematical techniques that I have been applying over the past twenty years as a developer and validator of models for derivative product valuation or measurement of potential future market risks or counterparty credit exposures, as well as to learn new quantitative skills that might help me in my professional work. Not only were these specific goals fully achieved, but I also found that my general interest in mathematics as a whole, well beyond the confines of the theory of mathematical finance and its associated disciplines, was wonderfully rejuvenated, and since finishing the course I have continued carrying out active research building on my dissertation work with a view to publishing my findings in academic journals.
What makes doing this course such a special – indeed unique – experience is the combination of a great programme of lectures taught by leading academics and industry experts and the intellectually stimulating environment in which it takes place with fantastic mathematical offerings provided by the Mathematical Institute and most enjoyable social functions – even sporting opportunities – available at ones college. Surely, in terms of either time or money sent, this course must be one of the best investments I have ever made in my life!