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MSc in Mathematical and Computational Finance

The MSc in Mathematical & Computational Finance provides graduates with the foundations in applied mathematics, machine learning, and computer science necessary for a successful career in modern finance. It is one of the most popular MSc programmes at the University of Oxford. In 2025, it was ranked by QuantNet as the #1 Financial Mathematics/Quantitative Finance programme in the UK.


This highly interdisciplinary curriculum is designed to prepare students for finance roles, focusing on the mathematical and computational skills needed to develop and calibrate models for large-scale financial datasets. Topics covered include mathematical modelling (stochastic differential equations, stochastic control), computer science (C++, Python, and PyTorch), statistics, deep learning, numerical methods (such as Monte Carlo simulations, finite difference methods for PDEs, and optimisation), and financial applications (financial derivatives, fixed income, decentralised finance, and market microstructure).

The programme is taught by the Mathematical & Computational Finance faculty at the Mathematical Institute at Oxford, which is the largest mathematical finance research group globally with fourteen faculty members. The Mathematical Institute is one of the leading mathematics departments in the world (currently ranked fourth in the world according to US News & World Report).

The Mathematical & Computational Finance Group has extensive industry ties with leading financial institutions such as banks, hedge funds, central banks, and exchanges. This expertise shapes the programme, ensuring students are well-prepared for careers in quantitative finance, and many of our alumni have had highly successful careers at major investment banks and hedge funds. 

Students have the opportunity to work directly with a professor/faculty member on their dissertation in the third academic term to develop expertise in an area of finance. Students may select from a wide range of research topics.

Find out more about scholarships available for postgraduate study at the Mathematical Institute.
Here you can explore profiles and career destinations of the course alumni.
We hold a weekly seminar series during Michaelmas Term where we invite speakers from the financial industry to give presentations to our MSc class. Examples of companies include: Nomura, Citadel Securities, NatWest Markets, J.P. Morgan, Qube Research & Technologies, and Deutsche Bank. Many of the companies also hold networking events for our MSc class, which is a good opportunity for students to discuss job and internship opportunities in finance.

MCF Faculty

A list of faculty members in the Mathematical and Computational Finance group is available here

Key Contacts

Course Contact: @email

Administrators: Helena Gardner (on-course), Laura Auger (exams)

Course Director: Prof Justin Sirignano

Head of Academic Administration: Charlotte Turner-Smith

Last updated on 6 Oct 2025, 5:01pm. Please contact us with feedback and comments about this page.