Master of Science in Financial Mathematics

at Heriot-Watt University - Edinburgh Campus United Kingdom

Edinburgh has a long and well-established reputation in banking and finance. Heriot- Watt University has particularly close links with the financial community, this programme having been established when the Deputy Managing Director of the Royal Bank of Scotland left his post to become Professor of International Banking at Heriot-Watt.

The programme covers the core theories and concepts in international banking and finance, such as the operations of the forex market, the international money market and the international credit market. An awareness is also developed of ethical and professional issues relevant to the banking and financial industries.

The programme is designed for those seeking careers in the banking or finance divisions of national and international corporations. Previous graduates from the programme have gone on to become bankers, stockbrokers, tax consultants and financial advisors with corporations across the globe.

Edinburgh Business School's MSc Strategic Project Management is designed and taught by experts in strategy, management and organisational performance. It will equip you with the skills to become a successful leader in a global project-based environment.

MSc in Strategic Project Management is designed with industry in mind. Our course aims to offer practitioners in project management with an advanced level set of courses culminated by a final research-based dissertation that combines strategy with project management.

Our unique combination should equip you with the necessary concepts, tools and techniques to enhance your project management skills based on up-to-date theory, best practice standards and methodologies.

The strategic management component of our the degree will help you to develop an additional skill which is essential for senior managers; the ability to to formulate strategy and then implement it through a strategic project management vehicle that comprises portfolios, programmes and projects.

Throughout our degree programme, the industry-relevant courses aim to stimulate your understanding, critical thinking and develop experience of enterprise-wide applications of strategic project management.

If you too are interested in a career in games design, our brand new Master of Design (MDes) programme in Games Design and Development allows you to explore your own creativity, develop game ideas, and launch your own games

Design your own games
The School of Mathematical and Computer Sciences is delighted to introduce a new Master of Design (MDes) programme in Games Design and Development, available for 2019 entry. This innovative programme provides students with a unique opportunity to design and develop their own computer game to the highest industry standards while gaining hands-on experience with the product lifecycle, gathering technical and professional skills, and further practical entrepreneurship knowledge. It is the perfect stepping stone to enable students to smoothly transition to design and programming roles in the games industry.

Our new Games Studio
The introduction of this Masters degree coincides with the launch of the new purpose-built Games Studio inside our new £19m innovation and entrepreneurship GRID building.  As there are only a handful of universities worldwide capable of offering such design-led programmes, this studio will provide students with a unique mixture of practical supervised studio learning experience, technical know-how, and an interdisciplinary entrepreneurship approach to Games production.

The 2020 National Student Survey results placed chemical engineering at Heriot-Watt as 1st in Scotland and 5th in the UK, based on students’ overall satisfaction with our programmes.

The Times and Sunday Times Good University Guide 2021 ranked Heriot-Watt University as 1st in Scotland and 4th in the UK for Chemical Engineering.

Our BEng in Chemical Engineering provides students with both the theory and practical application expected by industry. We have strong links with professional communities, allowing us to enhance the career prospects of our graduates.

Programme structure:

• Our BEng programme gives you a sound understanding of both the chemical and process engineering fundamentals that you need to become a professional engineer. In addition to a grounding in science, maths and engineering, our students acquire practical abilities that are highly sought after by industry.
• The BEng in Chemical Engineering is a four-year degree which can include an additional 5th year of study, resulting in the programme becoming a more advanced MEng degree. You will choose which route to follow at the end of your 4th year, giving you the flexibility to decide which degree best suits your career ambitions.
• Final year BEng students undertake a group-based design project that consolidates the subjects taught across the programme.

Our Masters in Actuarial Science has been accredited by the Institute and Faculty of Actuaries (IFOA).

This MSc has been designed as the perfect starting point to a career as an actuary, preparing you for a leading role managing risk in financial institutions worldwide. Many of our staff are qualified actuaries that have worked for some of the biggest names in the Acturial world; You will be able to benefit from their extensive business knowledge, many years of experience working in industry and their research expertise.

The course offers hands-on experience solving real-life financial problems through interactive lectures, tutorials and practical coursework. What’s more, our close links to industry means you’ll have the chance of a summer placement within Edinburgh's financial sector.

Energy – based on fossil fuels and, increasingly, renewables – is an essential component of our existence. The cost, availability and efficient utilisation of energy are increasingly strong focal points in the strategies of governments world-wide, as they realise that the 'raw material' for most of the energy used today has a finite life.

Large industries and small households alike depend on a reliable provision of energy. Energy includes not only electricity, but also heat and transportation. The course will make you aware of the relationship between demand and supply of energy, a relationship that consists of much more than its technical component. It includes political, economic and social issues and has to be viewed on a global as well as a local scale with respect to energy provision, consumption and the costs it might incur – both in the monetary as well as environmental terms.

We have seen countries go to war over energy supplies and we can see the effect of our energy consumption on the global climate. The concept of sustainable energy moves into focus as the finite nature of our main element in our current energy chain of supply – fossil fuel – becomes more obvious. The Paris Treaty is just one example of international and national policy actions which have subsequent implications for legislation affecting industries and communities.

We try to reflect the broad range of disciplines covering energy in this multi-disciplinary degree, which offers courses relevant to energy resources, power generation, process engineering, environmental legislation and environmental impact assessment, energy in buildings, as well as business courses in collaboration with the Edinburgh Business School.

It is the aim of the Energy MSc/Diploma to provide a balanced, integrated course which will equip the participant with the tools needed to positively influence his/her organisation in to developing new business strategies relevant to 'energy', or in reacting to the growing portfolio of environmental legislation. The course is also supported by industrial suppliers and users of energy, who are committed to an ethical environmental policy.

An optional project and dissertation in an engineering subject, which might be a company-specified topic or one selected by the participant, is also available.

If you want to start your career with a year's work experience in hand, then you should consider this course. It combines the rigorous studies of the BSc (Hons) Actuarial Science with a year-long work placement in level 4. The work placement gives you experience of working in an organisation such as a life insurance company, a pension consultancy, an investment management firm or a bank. The Diploma in Industrial Training is gained through successful completion of this work placement. The work placement helps you to develop specific work-related skills, giving you the opportunity to apply and build upon the theory you learn in your studies. It allows you to take on real responsibilities, enhance your interpersonal skills through teamwork and communication and experience workplace culture.

The Diploma is available to all students, including those from overseas, as it does not require a work visa. If you are planning to come to the UK using a student visa you should check the Tier 4 Student Visa Policy Guidance to confirm you are permitted to undertake a work placement as part of your studies. It is your responsibility to find a suitable work placement; acceptance onto the course does not guarantee you a placement. If you are registered on the course and are unable to find a suitable work placement before the end of level 3 then you can transfer to the standard BSc (Hons) Actuarial Science degree. Organisations that recent students have secured placements with include Prudential, Aegon and Mercer.

Our MSc International Business Management with HRM programme is aimed at graduates who have little or no business or management background in their first degree and who wish to gain a broad based business qualification to enhance their future career prospects, or at those looking to develop business management knowledge and skills to allow them to change or further their careers.

This is a conversion MSc

MSc International Business Management with Human Resource Management is a conversion degree programme led by academics from Edinburgh Business School. It introduces the study of business to graduates and professionals from other disciplines who wish to enhance their careers.

This degree introduces vital business and management knowledge to those with limited existing academic experience in the subject. It provides an opportunity to develop a set of versatile management skills in just one year of study. The modern management skills gained, coupled with specialist learning in the area of Human Resource Management, will complement existing knowledge and prepare graduates for a career change or a management role.

A graduate from the Master of Mathematics (MMath) degree will be able to communicate to specialist and non-specialist audiences and unambiguously demonstrate the ability to work professionally with a considerable degree of autonomy. They will also be well equipped to continue independent study in mathematics (e.g. PhD study), should they wish to do so.

The MSc International Management and Business Communication with Human Resource Management programme concentrates on developing professional communication skills in business and HRM contexts, as well as an understanding of intercultural and international business and HRM issues.

The structure of the programme is designed to provide graduates with access to a range of professions and managerial careers within businesses engaged internationally, but in particular in the area of HRM.

Alongside the practical skills and knowledge acquired, students will also engage in independent research, providing a potential route to research training in cognate disciplines at a higher level.