Master of Science in Mathematical Finance
University of Kiel
Program Overview
What is Mathematical Finance? The finance industry increasingly relies on complex mathematical models and highly sophisticated mathematical tools, e.g., for derivatives trading...
EURFinancials
Financials
INFOIntakes and Duration
Intakes and Duration
Intake Season
Winter (October)
Duration
4 semesters
COCareer Outcomes
Career Outcomes
You can always explore various career paths after completing this program. The listed options are some of the most popular among graduates.
EURSalary Outlook
Salary Outlook
Typical range
€60,000 – €100,000 per year
Fresher, mid-level, and experienced ranges are linked to external sources so they stay auditable for applicants.
LANGLanguage & Exams
Language & Exams
Teaching Language
English
Due to the fact that the programme is taught primarily in English, the following requirements concerning the level of language command have to be met: good reading skills (C1 CEFR) in English, evidenced by the school certificate (minimum of four years of English, at least with grade "satisfactory") or TOEFL test (550 paper-based, or equivalent test result) or Bachelor's degree from a course of study with English as the language of instruction
REQRequirements
Requirements
Academic Admission
Bachelor's degree (180 ECTS credit points) in mathematics with grade 3.0 or better, provided that contents, extent, and scientific level are comparable to BSc in Mathematics from Kiel University, or Bachelor's degree (180 ECTS credit points) in another subject with grade 2.5 or better, if at least 30 credit points are in analysis, linear algebra, probability theory, and statistics, again with grade 2.5 or better (If necessary, admission can be granted conditionally under the condition that students take additional Bachelor's courses in the first two semesters of the programme.) In any case, be aware that the mathematical level in the Master's programme in Mathematical Finance is very high. For an alternative Master's programme with a stronger focus on economics rather than mathematics, consider the Quantitative Finance programme: www.wiso.uni-kiel.de/de/studium/master/quant-fin Precise prerequisites can be found in §16 of the "Fachprüfungsordnung" (presently only in German: www.studservice.uni-kiel.de/sta/fachpruefungsordnung-mathematik-und-finanzmathematik-bachelor-master-1-fach.pdf )
APS Certificate
An APS certificate is required for applicants who have completed their qualifying education in India, China, or Vietnam.
IELTS Score
Not specified
Application Deadline
Application deadlines are subject to changes. Please refer to the above university course link for the most accurate information.
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