Components of the Course
Please note: the diagram is indicative only. Please see the Course Handbook for the Examination Regulations and Examination Conventions.
The Course is comprised of the following taught and assessed elements.
The core modules are each one week long, running between January and June. Each has an associated practice problem sheet assignment, which are not part of the formal examination of the MSc.
Covering material from the Core Modules, these are summatively assessed as part of the formal examination of the MSc. Students normally sit the exams in the September after they started the course. Attendance in Oxford for exams is compulsory, but they are usually scheduled to take place on the day before the start of module 5 (an Advanced Module) so that students can combine attendance of the exams with attendance of one of the Advanced modules.
Length of program
The University has three terms a year - Michaelmas (October - mid-January), Hilary (January - mid-April) and Trinity (mid-April - September). You can find the exact upcoming term dates on the Central University website.
Students are expected to take 7 terms (28 months) to complete the Mathematical Finance course. This course works a little out of sync with the other MSc courses, starting in the Hilary term of one year, and completing by the end of Hilary term 2 years later. The typical timeline followed by a student can be consulted here.
Owing to the part-time nature of the course, students sometimes require more time to complete the degree, and then have the opportunity to apply for a suspension or extension of time. More information on these can be found in the Course Handbook.
Exceptionally, a candidate for the MSc in Mathematical Finance who is unable to complete the Dissertation, may apply to be awarded the Postgraduate Diploma. See Course Handbook for more detail.