Program Overview

Postgraduate Diploma Mathematics and Finance

The Postgraduate Diploma in Mathematics and Finance at the University of Essex is designed to produce graduates with a sound mathematics and finance background, equipped with the necessary skills to apply mathematical techniques to problems arising in finance.

Overview

• Course: Mathematics and Finance
• Start date: October 2026
• Study mode: Full-time
• Duration: 9 months
• Location: Colchester Campus
• Based in: Mathematics, Statistics and Actuarial Science (School of)

This program is ideal for those with a background in mathematics looking to study finance. It covers topics including models and mathematics in portfolio management, risk management in modern banking, financial modelling, actuarial modelling, and applied statistics.

Why Choose This Course

• Maths has become an indispensable tool for finance this course allows those with a background in maths to study finance.
• Students run a renowned Maths Support Centre which offers advice to other departments at Essex and beyond.
• Gain key employability skills including data analysis, use of algorithms, and mathematical modelling.

Our Expert Staff

Our School is committed to providing academic support. Staff are available for discussions, and our academics are strongly committed to research and teaching, publishing in well-regarded journals.

Specialist Facilities

• Unique Maths Support Centre for help with mathematical problems.
• Exclusive computer labs for students in the School of Mathematics, Statistics and Actuarial Science.
• Events and seminars throughout the year.

Your Future

There is a shortage of mathematicians, particularly those with knowledge of finance. Graduates are highly sought after by employers in financial services, scientific computation, decision-making support, government, risk assessment, statistics, education, and other sectors.

Entry Requirements

UK Entry Requirements

• A 2:2 degree or international equivalent in Applied Mathematics, Biostatistics, Computer Science, Economic Statistics, Economics, Mathematics, Operational Research, Pure Mathematics, or Statistics.
• Or any other 2:2 degree with three specific modules from listed categories.

International & EU Entry Requirements

We accept a wide range of qualifications. Contact us for questions about qualifications.

English Language Requirements

• IELTS 6.0 overall with a minimum component score of 5.5 in all components.
• Pre-sessional English pathway available for those not meeting IELTS requirements.

Structure

Course Structure

Our research-led teaching is continually evolving. Modules may change, but currently include:

• Statistical Methods
• Stochastic Processes
• Mathematics of Portfolios
• Survival Analysis
• Financial Derivatives
• Optional modules
• Research Skills and Employability

Teaching

• Typically 2 hours of lectures and 1 class or lab per week.
• Learn to use LATEX for document production.
• Encouraged to attend conferences and seminars.

Assessment

• Written examinations and continual assessments of practical work and coursework.

Fees and Funding

• Home/UK fee: ｣8,820
• International fee: ｣19,100
• Scholarships, bursaries, or discounts may be available.

What's Next

• Open Days: Attend to find out more about studying at Essex.
• Applying: Apply online, and we aim to respond within two weeks.
• Visit Colchester Campus: Set in 200 acres of parkland, easily reached from London and Stansted Airport.