M.Sc. in FINANCIAL MATHEMATICS One year taught postgraduate degree jointly with The University of Edinburgh, Management School and Heriot-Watt University, Department of Actuarial Mathematics and Statistics The rapid expansion in the world trade in financial derivatives and the use of increasingly exotic options ensures that banks and investment houses require personnel with a blend of mathematical skill and understanding of financial markets. This course aims to upgrade a good first degree, develop essential new mathematical topics such as stochastic calculus and embed the mathematics in the financial context. Students will be exposed to financial modelling, derivative pricing, portfolio theory and risk management and be encouraged to establish the versatility to contribute to this developing field. This is an intensive course including 12 core modules, 4 options and a project leading to a dissertation, normally in conjunction with a finance house. Applicants should be highly motivated with a good degree, first or upper second, in mathematics or a discipline with high mathematical content. EPSRC advanced course studentships were available for this courses in 1997-1998 and 1998-1999 and are expected for 1999-2000. For further information and application forms please contact: The Secretary Mathematics Teaching Organization Department of Mathematics and Statistics The University of Edinburgh King's Buildings Edinburgh EH9 3JZ. tel: +44 (0)131 650 6431 fax: +44 (0)131 650 6553 email: [log in to unmask] www: http://www.maths.ed.ac.uk/ **************************************** Dr. Andreas E. Kyprianou Department of Mathematics and Statistics The University of Edinburgh James Clerk Maxwell Building King's Buildings Mayfield Road Edinburgh EH9 3JZ SCOTLAND fax: + 44 (0) 131 650 6553 tel: + 44 (0) 131 650 8570 email: [log in to unmask] **************************************** %%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%