Mathematics with Economics MSci

Program Overview

The MSci Mathematics with Economics program at the University of Exeter combines advanced mathematics with a thorough understanding of modern economics. Students will develop strong mathematical and analytical skills, exploring topics such as microeconomics, differential equations, and financial analysis. The program offers opportunities for practical experience, research projects, and study abroad, preparing graduates for careers in various fields, including finance, data science, and economics.

Program Outline

MSci Mathematics with Economics at the University of Exeter

Degree Overview:

• Develop strong mathematical skills and apply them to economic problems.
• Explore the intersection of mathematics and economics through advanced research.
• Enhance employability through practical experience and networking opportunities.

Outline:

Year 1:

• Compulsory Modules:
• MTH1000 Foundations:
Introduces fundamental mathematical concepts.
• MTH1001 Mathematical Structures: Covers essential mathematical structures.
• MTH1002 Mathematical Methods: Explores various mathematical methods.
• MTH1004 Probability, Statistics and Data: Focuses on probability, statistics, and data analysis.
• BEE1037 Economics II: Continues the exploration of microeconomics.

Year 2:

• Compulsory Modules:
• BEE2025 Microeconomics II:
Delves deeper into microeconomic analysis.
• Optional Modules:
• MTH2003 Differential Equations:
Covers differential equations and their applications.
• MTH2004 Vector Calculus and Applications: Explores vector calculus and its applications.
• MTH2008 Real Analysis: Focuses on real analysis.
• MTH2009 Complex Analysis: Covers complex analysis.
• MTH2010 Groups, Rings and Fields: Explores algebraic structures.
• MTH2011 Linear Algebra: Covers linear algebra.
• XXXXXXX Free Choice: Allows students to choose modules from other disciplines.

Placement Year (if taken):

• The placement year takes place in the third year of the five-year program.
• Students gain practical experience in a business or industry related to mathematics.
• The placement is worth 120 credits and involves a reduced tuition fee.

Year 3 (Year 4 if taking placement year):

• Compulsory Modules:
• BEE3 Level 3 Economics options:
Covers advanced economics topics.
• Optional Modules:
• EMP3001 Commercial and Industrial Experience:
Provides practical experience in a commercial setting.
• MTH3035 Mathematics Group Project: Involves group project work in mathematics.
• MTH3001 Theory of Weather and Climate: Explores the mathematical theory of weather and climate.
• MTH3004 Number Theory: Covers number theory.
• MTH3006 Mathematical Biology and Ecology: Explores mathematical applications in biology and ecology.
• MTH3007 Fluid Dynamics: Covers fluid dynamics.
• MTH3008 Partial Differential Equations: Explores partial differential equations.
• MTH3011 Nonlinear Systems and Control: Covers nonlinear systems and control theory.
• MTH3013 Applied Differential Geometry: Explores applied differential geometry.
• MTH3019 Mathematics: History and Culture: Explores the history and culture of mathematics.
• MTH3022 Graphs, Networks and Algorithms: Covers graph theory, networks, and algorithms.
• MTH3024 Stochastic Processes: Explores stochastic processes.
• MTH3026 Cryptography: Covers cryptography.
• MTH3030 Mathematics of Climate Change: Explores the mathematics of climate change.
• MTH3038 Galois Theory: Covers Galois theory.
• MTH3039 Computational Nonlinear Dynamics: Explores computational nonlinear dynamics.
• MTH3040 Topology and Metric Spaces: Covers topology and metric spaces.
• MTH3042 Integral Equations: Explores integral equations.
• MTH3050 Functional Analysis: Covers functional analysis.
• NSC3009 Aerosols, Clouds and Climate: Explores aerosols, clouds, and climate.
• Free Choice - up to 30 credits: Allows students to choose modules from other disciplines.

Final Year:

• Compulsory Modules:
• MTHM003 Analysis and Computation for Finance:
Covers financial analysis and computation.
• MTHM006 Mathematical Theory of Option Pricing: Explores the mathematical theory of option pricing.
• MTHM032 Mathematics, Business and Finance Project: Involves a research-led project in mathematics, business, and finance.
• Optional Modules:
• BEAM035 Derivatives Pricing:
Covers derivatives pricing.
• BEEM113 Advanced Econometrics: Explores advanced econometrics.
• BEEM102 Quantitative Research Techniques: Covers quantitative research techniques.
• BE M Business School M-level module: Allows students to choose a module from the Business School.
• MTHM001 Functional Analysis: Covers functional analysis.
• MTHM004 Fractal Geometry: Explores fractal geometry.
• MTHM009 Advanced Topics in Mathematical & Computational Biology: Covers advanced topics in mathematical and computational biology.
• MTHM010 Representation Theory of Finite Groups: Explores representation theory of finite groups.
• MTHM018 Dynamical Systems and Chaos: Covers dynamical systems and chaos theory.
• MTHM019 Fluid Dynamics of Atmospheres and Oceans: Explores fluid dynamics of atmospheres and oceans.
• MTHM022 Dynamics and Evolution of Biological Systems: Covers dynamics and evolution of biological systems.
• MTHM023 Modelling the Weather and Climate: Explores mathematical modeling of weather and climate.
• MTHM024 Mathematical Analysis of Biological Systems: Covers mathematical analysis of biological systems.
• MTHM028 Algebraic Number Theory: Covers algebraic number theory.
• MTHM029 Algebraic Curves: Explores algebraic curves.
• MTHM030 Waves, Instabilities and Turbulence: Covers waves, instabilities, and turbulence.
• MTHM031 Magnetic Fields and Fluid Flows: Explores magnetic fields and fluid flows.
• MTHM041 Analytic Number Theory: Covers analytic number theory.
• MTHM045 Space Weather and Plasmas: Explores space weather and plasmas.
• MTHM048 Ergodic Theory: Covers ergodic theory.
• MTHM052 Mid-Latitude Weather Systems: Explores mid-latitude weather systems.
• MTHM062 Data-driven Analysis and Modelling of Dynamical Systems: Covers data-driven analysis and modeling of dynamical systems.
• MTHM063 Uncertainty Quantification: Explores uncertainty quantification.
• NSCM005 Mathematical Modelling in Biology and Medicine: Covers mathematical modeling in biology and medicine.
• Free Choice of level M Modules: Allows students to choose modules from other disciplines.

3

Free choice of level 3 module:

Course Variants:

• MSci Mathematics with Economics with a Year in Industry:
• Includes an industrial placement in the third year of the five-year program.
• Provides practical experience in a business or industry related to mathematics.
• Involves a reduced tuition fee during the placement year.

Assessment:

• Assessment is through a combination of examinations and coursework.
• Examinations are the primary assessment method.
• Coursework includes tests, essays, presentations, and project reports.

Teaching:

• Teaching methods include lectures, seminars, examples classes, workshops, and tutorials.
• Students typically have 12 lectures per week.
• Tutorial classes are held every fortnight for most modules.
• Teaching is delivered by internationally-recognized mathematicians, scientists, and practitioners.
• Students have opportunities to participate in research projects.

Careers:

• Graduates are well-prepared for a wide range of careers in mathematics, economics, and other fields.
• Potential career paths include:
• Accountant
• Actuary
• Analyst Programmer
• Business Analyst
• Credit Risk Analyst
• Data Science Developer
• Investment Analyst
• Software Engineer
• Statistician
• Students can take optional modules outside of the program, up to 30 credits per year.
• Students can gain proficiency in a second subject, such as a foreign language, data science, or law, by completing 60 credits in that subject.
• The University of Exeter has a strong employment record and provides support for career development.
• The Careers Service hosts employer events, such as careers fairs and workshops.
• Students can gain professional experience through the optional 'Commercial and Industrial Experience' module.

UK students: £9,250 per year International students: £27,000 per year