QS Rank:

49

London School of Economics

London
,United Kingdom

Program Rank

78

Program Name
MSc in Financial Mathematics

Deadline
July 31st, 2025
Overview

The MSc in Financial Mathematics at the London School of Economics (LSE) is a premier program designed to equip students with the analytical and quantitative skills essential for navigating the complex landscape of financial markets. This rigorous program encompasses a comprehensive curriculum that integrates advanced mathematical concepts with real-world financial applications. Over the course of this master's degree, students will delve deeply into subjects such as probability theory, stochastic calculus, and statistical analysis, enabling them to model and solve intricate financial problems faced by today’s financial institutions.
Structured for both aspiring mathematicians and finance professionals, the MSc in Financial Mathematics offers a unique blend of theoretical knowledge and practical application. Courses are designed to cover a wide array of topics, including derivative pricing, risk management, and financial econometrics. This multidisciplinary approach ensures that graduates are not only proficient in mathematical techniques but also understand their implications and usage within financial contexts. The program spans across ten months of intensive study, commencing in the fall, and culminates in a robust understanding of financial systems.
Instruction is delivered by distinguished faculty members who are experts in their respective fields, many of whom have extensive experience working in financial sectors or conducting cutting-edge research. The teaching methodology employed emphasizes active learning, where theoretical concepts are reinforced through practical assignments and group projects. Faculty members employ a variety of teaching tools, including case studies, simulations, and workshops, ensuring that learners engage deeply with the material and develop the skills needed for immediate employment upon graduation.
Students in this program have access to substantial research opportunities and resources, including access to specialized financial databases and software tools used in industry settings. This not only enhances their learning experience but also provides them with a competitive edge in the job market. The LSE’s vibrant research environment encourages collaboration with faculty on projects that push the boundaries of knowledge in finance and mathematics.
With the LSE’s excellent industry connections, students are well-positioned to secure internships and job placements in prestigious organizations. The program fosters partnerships with leading financial institutions, providing students with networking opportunities that are instrumental in building their careers. Graduates have been placed in roles such as Mathematical Modeller, Financial Engineer, and Chief Financial Officer, with a median base salary of approximately £110,000 annually. The program boasts an impressive graduation rate of 88%, underlining its effectiveness in preparing students for successful careers in finance.
Moreover, the program has generated numerous success stories among its alumni, many of whom have transitioned into influential positions within the finance industry. Graduates consistently report high levels of satisfaction with their education and career trajectories, attributing their achievements to the solid foundation provided by the MSc in Financial Mathematics. The alumni network is robust and active, offering ongoing support to graduates as they navigate their career paths.
The MSc in Financial Mathematics is distinct from other programs due to its focus on the intersection of mathematics and finance, along with its location in London, a global financial hub. Students benefit from the LSE's rich history, reputation for academic rigor, and a curriculum that evolves in response to the dynamic financial landscape. This program is an ideal choice for individuals aiming to merge their passion for mathematics with a career in finance.
Why Study MSc in Financial Mathematics at LSE
- **Renowned Faculty:** Learn from leading experts and industry practitioners with a wealth of experience.
- **Comprehensive Curriculum:** A well-rounded program that covers key topics in mathematics and finance.
- **Strong Industry Connections:** Gain access to networking opportunities and internships with top financial institutions.
- **High Employability:** Positioned for success with an impressive graduation rate and excellent starting salaries.
- **Global Alumni Network:** Join a community of successful graduates who continue to support each other in their careers.
To be eligible for this program, applicants are expected to have a minimum GPA of 3.3/4 in their undergraduate studies, in addition to having at least 15 years of education, including a bachelor’s degree. Proficiency in English is also required, with standardized test scores from IELTS (minimum score of 7.0), TOEFL (minimum score of 100), or PTE (minimum score of 70).
Application requirements include a completed application form, an application fee of £95, a transcript, a statement of purpose, a resume, and letters of recommendation from both academic and professional sources. The application deadline for the upcoming fall intake is July 31st, 2025.
Embarking on the MSc in Financial Mathematics at the LSE presents a transformative opportunity for students to refine their skills, expand their knowledge, and build a robust professional network. This program not only prepares you academically but also positions you for a promising career in one of the most dynamic sectors in the world.

Total Tuition Fees
$38,000

Duration
10 Months

Median Salary
$1,10,000
Ranking
#244
US World and News Report
#27
The World University Rankings
#49
QS World University Rankings

Intake
Fall ( Sept - Nov )
Class Profile

Class Size
15

Average Age
26

Average Work Experience
2 Years
Diversity
Asia:
5%North America:
10%Europe:
20%Oceania:
2%Africa:
3%United Kingdom:
60%Career Outcomes

Median Earnings After Graduation
$1,10,000 / year

Graduation Rate
88%
Prospective Job Roles
Mathematical Modeller
China Finance Analyst
Financial Engineer
Assistant Director of Financial Aid
Financial Analyst
Mathematical Biologist
Chief Financial Officer
Finance
Financial Planner
Financial Manager
Mathematical Statistician
Financial Controller
Finance Manager
Top recruiters














Eligibility Criteria

At least 3.3 / 4 undergraduate GPA is expected.

At least 15 years of bachelor degree.
English Proficiency Tests
IELTS
7
TOEFL
100
PTE
70
Application Requirements
Here's everything you need to know to ensure a complete and competitive application—covering the key documents and criteria for a successful submission.

Application Fee: 95
Transcript
Passport
Statement of Purpose
Resume
IELTS
Academic LOR
Professional LOR
Application Deadlines
Space Available | |
---|---|
Fall | Jul 31, 2025 |
Fees and Funding

Tuition Fees
$38,000 / year

Overall Cost
$56,000 / year
FAQs
7
We do not interview for places on the degree.
If you have successfully completed a degree taught in English, then you are not required to submit an IELTS or TOEFL score.
Work experience is not a requirement for this degree. However, relevant experience may strengthen your application, provided you also meet the minimum academic requirements.
No, this is not required. However, you should check whether your alternative degree choice, if you have selected one, requires a GRE/GMAT score, in which case your combined application will require a GRE/GMAT score, even though we don't need it.
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