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Financial Mathematics

Entry requirements


A level

A,A,A-A*,A,A

A*AA/AAA/A*AB at A level including A level mathematics at grade A*/A (or equivalent). Applicants may be asked for one of: A* in A level mathematics, A in A level further mathematics or A in AS level further mathematics. STEP is not required but may be taken into consideration when offered. A levels in general studies, critical thinking and citizenship studies are not accepted.

Specific maths units needed to be achieved at distinction. Please contact the school directly. GCSE English at grade C or above is also required.This qualification is only accepted when combined with A* at A Level Mathematics

D2 D3 M1 with D2 in Mathematics or D2 D3 M2 with D2 in Mathematics and D3 in Further Mathematics or D3 D3 M1 with D3 in Mathematics and Further Mathematics

International Baccalaureate Diploma Programme

36

including 6 in Mathematics at Higher Level

Pearson BTEC Level 3 National Extended Diploma (first teaching from September 2016)

DDD

This qualification is only accepted when combined with A* at A Level Mathematics

Scottish Advanced Higher

A,A

This qualification is only accepted when combined with Scottish Higher grades AAAAB-AAABB, including A in Mathematics.

Scottish Higher

A,A,A,A,B-A,A,A,B,B


This qualification is only accepted when combined with Scottish Advanced Higher grades AA, including Mathematics.

Welsh Baccalaureate - Advanced Skills Challenge Certificate (first teaching September 2015)

A-B

This qualification is only accepted when combined with appropriate A Level subjects including at least A in Mathematics. Please contact the school for further information.

UCAS Tariff

112-159

We've calculated how many Ucas points you'll need for this course.

About this course


Course option

3.0years

Full-time | 2022

Subject

Financial mathematics

Alongside mathematics and finance, you'll develop transferable skills and expertise in problem-solving and analytical thinking. These are important skills required within business and industry.

This course enables you to study mathematics whilst learning key financial principles including understanding the stock market, developing accountancy skills or learning about insurance and risk. You'll focus on the latest techniques in financial mathematics to understand how these can be applied in the real-world.

This accredited course is run jointly with Nottingham University Business School. Two thirds of your first year will be devoted to mathematics with the remainder focusing on financial topics. Later years of the degree provide more flexibility, with optional modules enabling you to tailor the course to your interests.

- Core modules will build on your understanding of the fundamentals of mathematics and finance

- Freedom to choose from a wide range of exciting optional modules

- Accredited by the Institute of Mathematics and its Applications

- Support from senior students on a range of important first-year topics is provided

- Good preparation for a future career in finance with many of our graduates working for organisations such as Deloitte, EY, KPMG, PwC

There's a chance to spend time overseas through the university's study abroad programme, or apply for a work placement year as part of the course too. These are excellent ways in which to boost your CV when looking for jobs after graduation.

Modules

All students follow a common programme of compulsory study for the first year. You will focus on core modules that provide a solid foundation in the main mathematical topics. You'll be introduced to some of the main topics across financial mathematics covering accountancy and risk.

During the second year, three quarters of the year is devoted to maths with the remainder focused on financial topics. Your time will be split between core and optional modules.

The Vocational Mathematics compulsory module in the third year gives you the chance to work on specific projects tackled through workshops and student-led group activities. The focus will be on the application of maths to a variety of practical, open-ended problems. These are examples that mathematicians may typically face in the workplace. It provides a good opportunity to develop skills and techniques in model development, report writing and teamwork. These are all valuable skills for your future career.

Optional maths and finance modules during the rest of the year enable you to tailor the degree to your specific areas of interest.

Tuition fees

Select where you currently live to see what you'll pay:

Channel Islands
£9,250
per year
England
£9,250
per year
EU
£19,000
per year
International
£19,000
per year
Northern Ireland
£9,250
per year
Scotland
£9,250
per year
Wales
£9,250
per year

The Uni


Course location:

University Park Campus

Department:

School of Mathematical Sciences

Read full university profile

What students say


We've crunched the numbers to see if overall student satisfaction here is high, medium or low compared to students studying this subject(s) at other universities.

78%
med
Financial mathematics

How do students rate their degree experience?

The stats below relate to the general subject area/s at this university, not this specific course. We show this where there isn’t enough data about the course, or where this is the most detailed info available to us.

Mathematics

Teaching and learning

73%
Staff make the subject interesting
84%
Staff are good at explaining things
78%
Ideas and concepts are explored in-depth
64%
Opportunities to apply what I've learned

Assessment and feedback

Feedback on work has been timely
Feedback on work has been helpful
Staff are contactable when needed
Good advice available when making study choices

Resources and organisation

80%
Library resources
72%
IT resources
83%
Course specific equipment and facilities
69%
Course is well organised and has run smoothly

Student voice

Staff value students' opinions
Feel part of a community on my course

Who studies this subject and how do they get on?

75%
UK students
25%
International students
67%
Male students
33%
Female students
76%
2:1 or above
6%
First year drop out rate

Most popular A-Levels studied (and grade achieved)

A
A
B

After graduation


The stats in this section relate to the general subject area/s at this university – not this specific course. We show this where there isn't enough data about the course, or where this is the most detailed info available to us.

Mathematics

What are graduates doing after six months?

This is what graduates told us they were doing (and earning), shortly after completing their course. We've crunched the numbers to show you if these immediate prospects are high, medium or low, compared to those studying this subject/s at other universities.

£25,000
med
Average annual salary
95%
med
Employed or in further education
71%
med
Employed in a role where degree was essential or beneficial

Top job areas of graduates

28%
Business, research and administrative professionals
19%
Business, finance and related associate professionals
8%
Information technology and telecommunications professionals

Want to feel needed? This is one of the most flexible degrees of all and with so much of modern work being based on data, there are options everywhere for maths graduates. With all that training in handling figures, it's hardly surprising that a lot of maths graduates go into well-paid jobs in the IT or finance industries, and last year, a maths graduate in London could expect a very respectable average starting salary of £27k. And we're always short of teachers in maths, so that is an excellent option for anyone wanting to help the next generation. And if you want a research job, you'll want a doctorate — and a really good maths doctorate will get you all sorts of interest from academia and finance — and might secure some of the highest salaries going for new leavers from university.

What about your long term prospects?

Looking further ahead, below is a rough guide for what graduates went on to earn.

Mathematical sciences

The graph shows median earnings of graduates who achieved a degree in this subject area one, three and five years after graduating from here.

£25k

£25k

£32k

£32k

£39k

£39k

Note: this data only looks at employees (and not those who are self-employed or also studying) and covers a broad sample of graduates and the various paths they've taken, which might not always be a direct result of their degree.

Explore these similar courses...

Higher entry requirements
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Lower entry requirements
Liverpool John Moores University
Mathematics with Finance with Foundation Year
Bachelor of Science (with Honours) - BSc (Hons)
4.0 years | Full-time | 2022
Nearby University
Nottingham Trent University
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Bachelor of Science (with Honours) - BSc (Hons)
3.0 years | Full-time | 2022
Same University
University of Nottingham
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Bachelor of Science (with Honours) - BSc (Hons)
3.0 years | Full-time | 2022

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This is what the university has told Ucas about the criteria they expect applicants to satisfy; some may be compulsory, others may be preferable.

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This is the percentage of applicants to this course who received an offer last year, through Ucas.

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This is what the university has told Ucas about the course. Use it to get a quick idea about what makes it unique compared to similar courses, elsewhere.

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Course location and department:

This is what the university has told Ucas about the course. Use it to get a quick idea about what makes it unique compared to similar courses, elsewhere.

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Teaching Excellence Framework (TEF):

We've received this information from the Department for Education, via Ucas. This is how the university as a whole has been rated for its quality of teaching: gold silver or bronze. Note, not all universities have taken part in the TEF.

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This information comes from the National Student Survey, an annual student survey of final-year students. You can use this to see how satisfied students studying this subject area at this university, are (not the individual course).

This is the percentage of final-year students at this university who were "definitely" or "mostly" satisfied with their course. We've analysed this figure against other universities so you can see whether this is high, medium or low.

Have a question about this info? Learn more here

This information is from the Higher Education Statistics Agency (HESA), for undergraduate students only.

You can use this to get an idea of who you might share a lecture with and how they progressed in this subject, here. It's also worth comparing typical A-level subjects and grades students achieved with the current course entry requirements; similarities or differences here could indicate how flexible (or not) a university might be.

Have a question about this info? Learn more here

Post-six month graduation stats:

This is from the Destinations of Leavers from Higher Education Survey, based on responses from graduates who studied the same subject area here.

It offers a snapshot of what grads went on to do six months later, what they were earning on average, and whether they felt their degree helped them obtain a 'graduate role'. We calculate a mean rating to indicate if this is high, medium or low compared to other universities.

Have a question about this info? Learn more here

Graduate field commentary:

The Higher Education Careers Services Unit have provided some further context for all graduates in this subject area, including details that numbers alone might not show

Have a question about this info? Learn more here

The Longitudinal Educational Outcomes dataset combines HRMC earnings data with student records from the Higher Education Statistics Agency.

While there are lots of factors at play when it comes to your future earnings, use this as a rough timeline of what graduates in this subject area were earning on average one, three and five years later. Can you see a steady increase in salary, or did grads need some experience under their belt before seeing a nice bump up in their pay packet?

Have a question about this info? Learn more here