Since the pioneering days of Black, Scholes and Merton, the subject has developed into a substantial body of knowledge and its numerous applications have become vital to the functioning of the world's financial institutions. As a consequence, a solid command of the principles and techniques of quantitative finance is essential for a responsible approach to trading, asset management and risk control of complicated financial positions. The Financial Mathematics MSc at King's College London covers a full range of topics in mathematical finance and its applications. The programme builds on the Financial Mathematics group's close links with the financial institutions in the City. The programme is compatible with the needs of those already employed in the financial sector.
Candidates choose eight lecture courses in consultation with their course advisor.
Further course options are available to suit specialised interests, such as Neural Networks, Operational Research, Linear Systems and Control Theory, Non-Linear Dynamics, Measure Theory, Operator Theory, Statistical Dynamics and Spectral Theory of Markov Chains. Additionally, each candidate undertakes a project in June, July and August which involves a substantial report. This can be carried out in King's or in a financial or academic institution outside. Applications are currently being accepted for the part-time programme starting September 2000 . There will also be a full-time programme starting in September 2001.