- Computational Methods in Finance I
- Introduction to Pricing and Hedging
- Financial Econometrics
- Fixed Income Securities
- Statistical Methods in Finance
- Arbitrage, Equilibrium and Pricing
The MSc Financial Mathematics programme provides you with advanced analytical training, quantitative knowledge and the practical skill sets required by modern financial institutions. It aims to equip you with a solid education in financial analysis, risk management and financial engineering for a successful career in the finance and banking industries. It is heavily weighted towards advanced mathematics and programming modules designed with practical applications in mathematical and quantitative finance.
Graduates of this programme, as with all XJTLU masters degrees, earn a University of Liverpool degree that is recognised by the Chinese Ministry of Education.
Why should I study Financial Mathematics at XJTLU?
The programme keeps a balance between theoretical and practical knowledge which is crucial for a successful career in the financial industry. Upon successful completion of the programme the students gain important skills in computational and theoretical aspects of finance. They will have extensive experience in working with financial data and with terminals such as the Wind Financial Terminal that provides data on the Chinese market.
Through our industry network and connections we support the students’ career development via internship opportunities and organise various events to improve networking activities with the financial industry. Overall, given the career prospects and skills acquired the programme offers an excellent and unique opportunity for successful candidates.
Knowledge and skills
The MSc Financial Mathematics programme will equip you with:
- intellectual skills and theoretical understanding appropriate for the study of financial mathematics and quantitative analysis at postgraduate level
- practical mathematics and object-oriented programming skills linking finance theories to real-world application
- skills in research, evaluation and analysis and the quantitative techniques to evaluate and interpret complex data and research literature
- skills and abilities to devise, plan and undertake complex research projects in the field of financial mathematics.
- Portfolio Theory and Risk Management
- Computational Methods in Finance II
- Advanced Financial Risk Management.
Additional learning activities
The completion of additional learning activities is required to complete your masters degree. Normally, required ALA hours will be distributed evenly across each semester, amounting to 200 hours per semester. Part-time programmes will normally require 100 to 150 hours per semester.
A postgraduate degree in financial mathematics gives you many employment opportunities in the business world such as in banks, investment firms, insurance companies, consulting services to the financial industry, government regulation agencies and businesses. You could also conduct teaching and research at universities, research institutions or government departments.
RMB 90,000 for the entire 18 month full-time programme.
University tuition fees cover the cost of your study with us.
If you are a graduate of XJTLU, the University of Liverpool or Xi’an Jiaotong University, you will automatically receive a discount of 20 percent of the tuition fee.
Masters students have the option to pay tuition fees in instalments each semester. You can also choose to pay the fees upfront at the time of registration, in this case a discount of five percent of the total fees will be offered.
You will be asked to indicate how you would like to pay the fees when you confirm your acceptance of the unconditional offer.
XJTLU offers a generous scholarship of up to 50 percent of the total tuition fee for all full-time masters programmes based on academic merit. Should you wish to apply for XJTLU master scholarship, please submit a scholarship application letter in your application stating the reasons why you should be considered.
Minimum entry requirements
Upper second class (2:1) honours
- 1st tier universities: 75 percent or above
- 2nd tier universities: 80 percent or above
Note: Chinese applicants are not required to take the MoE postgraduate entrance exam.
3.0 Cumulative GPA (out of 4) or 3.2 Cumulative GPA in the final two years of your undergraduate programme
Equivalent academic qualifications
An undergraduate degree (UK 2:1 or equivalent) in a relevant field, such as mathematics, statistics, physics, engineering, computer science, finance and economics.
English language requirements
If English is not your native language or if you have not studied in English at degree level, you will need to provide evidence of your English proficiency. You should normally possess one of the following qualifications:
- IELTS: 6.5 (minimum of 5.5 in all sections)
- TOEFL iBT: 90 (minimum of 21 in any skill)
In exceptional circumstances, individual cases will be considered on their own merits. You may be required to attend interviews or tests to further demonstrate your English proficiency.
If you miss the English language requirements by 0.5-1.0 of an IELTS band, or a similar number for other English language exams, you can be admitted to the programme after successful completion of our five- or eight-week intensive English presessional course.
You can also apply to take the XJTLU English language test in lieu of an IELTS/TOEFL or equivalent. Based on the score, students may be admitted or may be required to take and successfully complete the five- or eight-week intensive English presessional course.
Additionally, students may be required to complete English language courses on a pass/fail basis as part of the additional learning activity requirement during their studies at XJTLU.
How to apply
Applications should be submitted via our online application system:
- Click/tap the APPLY link
- Create an account or log in to your existing account
- Complete your application
Once your application account is successfully created, enter all the information required in the application form carefully and make sure the information you provide is correct, complete and up to date. Upload the required documents to the corresponding fields.
You may log-in to view your application form at any time and upload any remaining supporting documents.
For further details of how to successfully apply to study at XJTLU, please visit the how to apply page.