Financial Mathematics, BSc Hons

Financial Mathematics, BSc Hons

The analysis of modern financial market data relies heavily on mathematical and statistical techniques. Mathematical techniques and tools devised using financial mathematics have contributed greatly to the development of the financial services industry and continue to play a key role in this sector. This programme starts with a firm foundation to the mathematics and statistics that is in daily use in the financial industry. It then leads to advanced studies in financial mathematics, including asset price modelling, the risk-neutral pricing of financial derivatives, time series analysis, actuarial mathematicss, and financial time series. This prepares graduates with relevant mathematical and statistical backgrounds to enter careers in the financial services industry, actuarial and insurance sectors or further study in financial mathematics.

The final year includes an advanced project on a topic in financial mathematics. In response to increased student interest, we also offer courses such as Mathematics and Society and Mathematics Education and Communication. The latter offers teaching experience through the Undergraduate Ambassadors Scheme (UAS).

The aims of the programme are:

  • To provide students with a good understanding of financial mathematics and the methods and techniques used in the area
  • To provide experience of mathematical modelling in various contexts, focusing on financial modelling and actuarial analysis
  • To enable students to develop an understanding of modern financial modelling and examines the basic techniques used in the analysis of financial data.

UCAS code

GN13 G BSc/FM

Department

Mathematical Sciences

Location

Greenwich Campus

Attendance

3 years full-time
4 years sandwich
6 years part-time

Entry requirements

Applicants should have:

300 UCAS points

FROM subjects studied at A-level or equivalent qualifications, including at least 80 points from mathematics studied to A-level or equivalent

PLUS GCSEs in English and mathematics at grade C or above, or equivalent qualifications such as Key Skills level 2.

* Applications from students taking Access to Higher Education courses are welcome.

Assessment

Students are assessed through examinations, coursework and a project.

Professional recognition

This programme will meet the educational requirements of the Chartered Mathematician designation, awarded by the Institute of Mathematics and its applications, when it is followed by subsequent training and experience in employment to obtain equivalent competences to those specified by the Quality Assurance Agency (QAA) for taught Master's degrees.

Career options

Graduates may pursue a career in the financial services industry or actuarial and insurance sectors. Financial mathematics graduates will find opportunities in banking and investment, insurance, risk analysis, and many related fields, and are also in demand in traditional industries and businesses.

Course content

Full time

Year 1

Students are required to study the following compulsory courses.

Year 2

Students are required to study the following compulsory courses.

Year 3

Students are required to study the following compulsory courses.

Students are required to choose 30 credits from this list of options.

Students are required to choose 15 credits from this list of options.

Students are required to choose 30 credits from this list of options.

Part time

Year 1

Students are required to choose 60 credits from this list of options.

Year 2

Students are required to choose 60 credits from this list of options.

Year 3

Students are required to choose 60 credits from this list of options.

Year 4

Students are required to choose 60 credits from this list of options.

Year 5

Students are required to choose 60 credits from this list of options.

Year 6

Students are required to choose 60 credits from this list of options.

Sandwich

Year 1

Students are required to study the following compulsory courses.

Year 2

Students are required to study the following compulsory courses.

Year 3

Students are required to study the following compulsory courses.

Year 4

Students are required to study the following compulsory courses.

Students are required to choose 30 credits from this list of options.

Students are required to choose 15 credits from this list of options.

Students are required to choose 30 credits from this list of options.

Your time at university should be enjoyable and rewarding, and it is important that it is not spoilt by unnecessary financial worries. We recommend that you spend time planning your finances, both before coming to university and while you are here. We can offer advice on living costs and budgeting, as well as on awards, allowances and loans.Find out more about our fees and the support available to you at our:

Mathematics and Statistics

Award winning teaching and the most satisfied students in the country (The Times and Sunday Times Good University Guide 2014) are just two of the reasons to choose to study Maths with us.

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