Program Overview

BSc (Hons) Mathematics and Finance

The BSc (Hons) Mathematics and Finance program is designed to provide students with a comprehensive understanding of mathematical and financial principles, equipping them with the skills and knowledge required to succeed in the finance industry.

Overview

This three-year program combines the study of mathematics, statistics, and financial economics, providing students with a solid foundation in mathematical techniques and financial principles. The program is designed to develop strong analytical, empirical, and interpretive skills, highly valued by employers in the finance sector.

Course Content

The program consists of core modules in mathematics, statistics, and financial economics, as well as optional modules in areas such as business finance, computer programming, and economics. The course content is divided into three years:

Year 1

• Foundations and Calculus
• Introduction to Probability and Statistics
• Principles of Economics
• Multivariable Calculus and Matrices
• Data, Evidence and Policy
• Introduction to Finance

Year 2

• Probability and Markov Chains
• Corporate Finance
• Statistical Inference and Linear Models
• Econometric Analysis
• Optional modules:
  • Microeconomic Theory or Macroeconomic Analysis and Policy
  • Linear Algebra

Year 3

• Mathematical Finance in Discrete Time
• Commodity Markets and Derivative Securities
• Mathematical Finance in Continuous Time
• The Structure and Regulation of Financial Markets
• Optional modules:
  • Statistical Data Science
  • Cryptography
  • Operations Research
  • Numerical Analysis
  • Survival Analysis and Generalised Linear Models
  • Decision Theory and Bayesian Statistics
  • Advanced Regression and Multivariate Analysis
  • Time Series
  • Contemporary Economic Issues and Analysis
  • Macroeconomics: Topics in Theory for Policy
  • Game Theory
  • Monetary Economics
  • Commodities Markets and Derivative Securities
  • Political Economics
  • Financial and Time-Series Econometrics
  • Bubbles, Panics and Crashes
  • Health Economics
  • International Economics
  • Applied Econometrics
  • Information and Institution Design
  • Experimental and Behavioural Economics
  • Economics of Social Policy
  • The Structure and Regulation of Financial Markets
  • Labour Economics
  • International Economic Growth & Development

Fees and Funding

• Annual tuition fees:
  • UK (home): £9,535
  • International and EU: £27,500
• Fees for subsequent years:
  • UK (home) fees may increase within the government fee cap in subsequent academic years.
  • International fees are subject to increase in subsequent years in line with the prevailing Consumer Price Index (CPI) inflation rate (up to a maximum of 10%).

Teaching and Assessment

• Teaching format: Lectures, seminars, and practical computer classes.
• Assessment: Mainly examinations and regular homework, with feedback provided through written comments, in-class discussion, model answers, or online discussion board responses.

Careers and Skills

• Career opportunities: Banking and financial services, computing and IT, engineering, public administration, logistics, hospitality and sales, telecommunications.
• Transferable skills: Quantitative analysis, critical thinking, complex problem solving, communication skills.

Entry Requirements

• Qualification: A levels, European Baccalaureate, International Baccalaureate, T levels, Scottish Highers/Advanced Highers, International foundation programme, other international qualifications.
• Typical offer: AAA including Mathematics (A levels), 85% overall, including 85% in Mathematics (European Baccalaureate), 36 points, including 6 in Mathematics at Higher Level (International Baccalaureate).
• Alternative offers: Meeting the following additional criteria may qualify you for an alternative offer:
  • Widening participation: ABC including A in Mathematics.
  • Contextual offer: ABB including A in Mathematics.
  • EPQ: If you achieve B or higher in the EPQ, you may be eligible for an alternative offer up to one A level grade (or equivalent) below our typical offer.
• English language: If English isn't your first language, you may need to provide evidence of your English language ability. We accept the following qualifications:
  • IELTS (Academic): 6.5, with no less than 6.0 in each component.
  • IB English: A score of 4 in English A or 5 in English B (Higher Level or Standard Level).
  • Cambridge CEFR: 176, with a minimum of 169 in each component.
  • Oxford ELLT: 7, with a minimum of 6 in each component.
  • Oxford Test of English Advanced: 136, with a minimum of 126 in each component.
  • Duolingo: Integrated subscores: 120 overall, with a minimum of 105 in each component.
  • GCSE/IGCSE/O level English Language (as a first or second language): Grade C / Grade 4.
  • LanguageCert SELT: B2 with a minimum score of 33/50 in each component.
  • LanguageCert Academic: B2 with a minimum score of 33/50 in each component.
  • Kaplan Test of English Language: 478 Main Flight score with 444 in each component.
  • Skills for English: B2: Merit overall, with Pass with Merit in each component.
  • PTE Academic: 61, with a minimum of 55 in each component.
  • TOEFL: 87 overall, with a minimum of 21 in each component.
  • Trinity ISE III: Merit in all components.
  • Other English language qualifications: We also accept other English Language qualifications, including various school-leaving certificates.