Show as: Mobile

Program description

ENROLMENTS OPEN. To know more visit


ISEG Lisbon is taking all measures with health and safety of our community as a top priority. Since March we're operating 100% online, engaging virtually and using online tools for learning and evaluation. ISEG Lisbon is fully commited to ensure safety of our candidates for next intake, and we're preparing everything to welcome you all in September.

Master in Mathematical Finance

The increasing "high-tech" character of modern business has increased the need for advanced methods, which rely, to a large extent, on mathematical techniques which seemingly are indispensable for competitiveness in industry. Launched in 2007/08 under the Bologna process, the Masters in Mathematical Finance has been offered every year ever since then. It was created as a developing and innovative project in Portugal, which followed the standards of European universities.

A3ES accreditation in 2013 certifies the quality of the MMF's programme, which combines theoretical rigor with sectorial skills, balancing cutting-edge knowledge and research with contact with financial sector practices. The programme aims to develop students' mathematical and computational skills, combined with financial modelling, and provides a thorough education in modern mathematical finance.

During the fourth semester, students can opt for an internship in a financial company, or can choose to write a thesis or a project. As a result, our Masters students are readily employed by prestigious financial companies (banks, consultancy, insurance and investment companies). "Several of our MMF alumni are currently studying for a PhD, either in Portugal, or abroad, and some have already completed their PhD." Internationalisation is also a part of the MMF's history and aims.

The Masters in Mathematical Finance aims to:

  • Form quantitative analysts with a strong knowledge of analytical, statistical, and computational tools, which can be applied to financial modeling
  • Contribute to the education of top level practitioners with leadership ability, who are capable of promoting innovation
  • Promote innovation and scientific research in Applied Mathematics and support the education of university teachers whose activity of research in the areas of Financial Mathematics are relevant for the University, in collaboration with the business world.

Admission requirements

The Masters in Mathematical Finance is designed to further the education in quantitative finance of students who already have a Bachelors degree in Mathematics, Statistics, Physics, Economics, Finance or Management. Strong analytical skills are recommended in order to keep up with the challenging workload. 

Throughout the programme, students benefit from contact with financial institutions, by means of seminars by top level practitioners and through Internships, which usually result in offers of employment. 

Students who wish to pursue Third Cycle studies in this area will be greatly encouraged by the syllabus of our Masters.

Does this course require proof of English proficiency?

The TOEFL® test is accepted by 10,000+ universities and higher education institutes in over 150 countries. Book your test today!

Learn more Advertisement

Tuition fees

Students from the EU: €5750

International students: €6750

Request info

Want to know more about this program, Master in Mathematical Finance? Fill out the following form and include any questions you have. This information will be sent directly to the school, and a representative will respond to your enquiry.


About this institute

ISEG - Lisbon School of Economics and Management

WELCOME TO ISEG - Lisbon School of Economics & Management

10 reasons why ISEG Lisbon #1 ISEG Lisbon has just entered the prestigious Global Financial Times FT Rankings in 2020 with the Master's in Finance, and is accredited by AACSB, a distinction earned by only 5% of business schools in...

Read more about this school

Contact info

ISEG - Lisbon School of Economics and Management

Rua do Quelhas, n.º 6
1200-781 Lisbon

Request information

Want to know more about Master in Mathematical Finance? Fill out the following form and we'll pass your details on to a representative from the school, who will respond to your enquiry.


Be the first to write a review!

Career test - find your perfect career

Take our free career test that will match you with programs and careers based on your interests and personality.

Take the test

You may also like...