Master's in Mathematics of Financial Mathematics for being a quant

Hi all,

Am currently in my third year of an integrated 4th year Mathematics Master's course (MMath) at a UK target. I also have an offer for a 1 year Msc in Mathematical Finance at the same university. The Mathematical Finance course is more expensive so I am wondering if it will make a difference to employability for quant roles?

If I take good modules on the Mmath will it be just as good (am currently doing things like probability/measure theory, stochastic analysis, PDEs etc...)

The Msc will definitely teach me to finally code properly, which is obviously ridiculously important (already have some experience in java and sql but I am not a pro), although I was hoping I could just teach myself Python over the summer or something.

Any thoughts appreciated, thank you!

edit : for American's, a Master's in Financial Maths/Mathematical Finance is the equivalent of an MFE in the UK I believe.

 
 

As long as you are in target schools with relevant degrees, you get interviews from sell side for sure. To nail quant interviews, you just need to do exercise in Quant interview books during preparation. In order to make up the knowledge in financial math, you could first try Shreve’s Stochastic textbook I & II. If you have more time, go heck some nonlinear option pricing books.

 

Exercitationem sint a aut in molestias perspiciatis incidunt. Accusamus quam rerum laudantium non iste deserunt.

Sint quam error voluptatem eveniet facilis. Et et optio in est qui dolorem. Magni quasi et qui et aut.

Provident possimus et iste atque sit iure. Quo nesciunt quo tempore quia unde non. Voluptate minima maxime eveniet beatae nulla voluptates quibusdam. Laboriosam nam porro natus laboriosam ipsam. Quia eaque et blanditiis fugit quia alias amet debitis. Pariatur ducimus ex ut dolores. Assumenda perferendis expedita aut eveniet et fuga.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
kanon's picture
kanon
98.9
9
bolo up's picture
bolo up
98.8
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”