BSc (Hons) Mathematics with Finance

A specialist pathway available to BSc (Hons) Mathematics students
Many of our students go on to work in the City of London and other financial centres, including careers in accountancy, actuarial science (modelling risk), quantitative analysis as well as in commercial and merchant banking.
In the financial world, high-level mathematics equips you to understand and model the markets. As well as gaining a thorough mathematical training, our BSc (Hons) Mathematics with Finance degree introduces you to the structure of the financial world through modules in financial institutions and markets, and investment management. These are taught by staff from 探花视频 Business School . In a rapidly changing job market, mathematically literate students are equipped with skills that will be useful for life. Our graduates frequently enter accountancy, actuarial work and banking, while others work in industry.

This degree pathway is offered as an option on our flexible BSc (Hons) Mathematics course. 

You will initially be enrolled on BSc (Hons) Mathematics, where you will follow a common first year so you acquire a mastery of the fundamental skills that characterise a mathematician. As your knowledge and understanding deepens, you will be able to follow your interests and, if you wish, transfer to one of our specialist pathways - BSc (Hons) Mathematics with Education or BSc (Hons) Mathematics with Finance. 

How to apply

All application details, entry requirements and fee information can be found on the BSc (Hons) Mathematics course page.

Why choose Mathematics with Finance?

Understanding markets

Modern Portfolio Theory postulates the optimal behaviour of individual investors in the presence of multiple assets. Technical trading and Time Series are used for predicting the pricing of financial assets or to quantify your exposure to risk. Master programming in Excel and R 鈥 extremely desirable skills in the financial sector 鈥 and learn to use Bloomberg Professional Service to monitor and analyse financial data in real time.

Communicate

You gain strong communication skills through presentations and small group tutorials.
Recent final-year project topics include modelling asset returns both analytically and numerically, conducting sentiment analysis on stock markets based on Twitter鈥檚 data and selecting optimal financial portfolios.
You will become a creative and analytical problem solver, able to discuss technical results with non-specialists. These are skills that are highly sought after by employers.
Martin Burdett,聽BSc (Hons)聽Mathematics With Finance

Key features
  • The degree includes high level mathematical and statistical techniques, with financial applications ranging from accountancy to financial markets and investment management.
  • You will be taught by staff with expertise in financial mathematics and statistics from both the Centre for Mathematical Sciences and 探花视频 Business School. Financial statistics is lectured by someone who has worked for a hedge fund.
  • Enjoy new facilities 鈥 state of the art lecture theatres, computer laboratories, study and social spaces 鈥 in our 拢50 million teaching and research building that opened in 2023 .
  • Benefit from being part of the close-knit, collaborative and supportive family that is Mathematical Sciences at 探花视频. This includes small group tutorials, study space next to staff offices, our lecturers鈥 open-door policy, student-led learning sessions and the Maths Society.
  • Model and simulate financial products with Bloomberg Professional service and the statistical programming language, R. These skills are valued by financial employers.
  • An optional but strongly recommended placement between the second and final years gives you excellent career prospects. Recent placement providers include Vauxhall Motors (finance division) and reinsurance giant

Year 1
Modern finance relies on mathematics, and mathematicians who work in finance can have great careers. Bond, stock and foreign exchange markets, together with option and derivative pricing, are based on mathematical models. In your first year, you鈥檒l build a solid mathematical foundation that underpins mathematics with finance and the rest of your degree including the essential topics of calculus, matrices, computational mathematics, probability techniques for finance. You won鈥檛 just learn the theory; you鈥檒l master Python programming and to apply it to the security of financial transactions, one of the most in-demand skills in industry today, opening doors to cutting-edge careers in data science, finance, and technology.
Throughout the course, you will benefit from direct support from expert lecturers in small, friendly group sessions designed to give you a truly personalised experience. By the end of your first year, you鈥檒l not only be primed for success on the course but you鈥檒l have the freedom to tailor your journey, with the flexibility to switch to one of our other exciting specialist mathematics degrees if your interest change.

Core modules:
  • Mathematical Reasoning
  • Calculus
  • Linear Algebra
  • Analysis and Group Theory
  • Probability
  • Numerical Methods
  • Stage 1 mathematics placement preparation
See BSc (Hons) Mathematics course page for full module listings

Year 2
In Year 2, you鈥檒l take both mathematical and finance learning to the next level. We鈥檒l support you in exploring financial markets and institutions. You鈥檒l learn how interest and foreign exchange rates are set, and how to price a derivative to hedge risk.
You won鈥檛 just deepen your knowledge; you鈥檒l sharpen your employability skills. In our case studies from industry module, you鈥檒l apply mathematics to genuine business challenges, mastering operational research 鈥 the mathematics of decision making in business.
You will be taught Monte Carlo methods, which are industry-standard techniques used to solve intricate logistical problems and advanced software for Bayesian learning from data, the same tools used in finance, engineering, and supply chain optimisation around the world.
By the end of your second year, you won鈥檛 just have a deep understanding of key mathematical and financial concepts, you鈥檒l have a cutting-edge toolkit of modern problem-solving and that employers are searching for.

Core modules:
  • Advanced Calculus
  • Statistical Inference and Regression
  • Financial Institutions and Markets
  • Differential Equations
  • Operational Research
  • Complex Analysis and Vector Calculus
  • Stage 2 mathematics placement preparation
See BSc (Hons) Mathematics course page for full module listings

Optional placement year
Our placement year is your chance to step into the real world and make an immediate impact. You鈥檒l apply your mathematical and financial expertise within a professional context, in the finance, insurance or pension industries. Placements can also be completed in business, commerce or government. Whether you鈥檙e optimising business strategies, driving innovation, or contributing to life-changing research, you鈥檒l see first-hand how powerful and versatile your skills really are.
Not only will you gain invaluable experience and confidence, but many of our placement students secure graduate roles as a direct result of their year in industry. In addition to the skills and experiences you will gain, placement salaries are typically around 拢20,000.
When you return to 探花视频, you鈥檒l come back energised and inspired, with a clear vision of how mathematics and finance shapes the world and a renewed drive to excel in your final year.

Final year
In your final year, you take a deep dive into specialised financial topics such as portfolio management and the mathematical modelling of securities and currency markets. As these markets are random, there鈥檚 a special branch of mathematics for them called stochastic calculus, and we鈥檒l teach you how to solve the equations from this. A standout feature of the final year is your project work 鈥 whether it鈥檚 a research-driven individual project under the guidance of a finance expert, a dynamic industry placement or a collaborative case study in a small team.
By the time you graduate, you won鈥檛 just have a degree 鈥 you鈥檒l have a portfolio of advanced knowledge, hands-on experience, and real-world problem-solving skills that make you stand out. Your next adventure may be a professional graduate job, or further study. Whatever you want, you will be exceptionally well placed for future success.

Core modules:
  • Financial Statistics
  • Investment Management
  • Partial Differential Equations
  • Project or placement
  • Optimisation, Networks and Graph
Optional modules such an individual project, statistical data modelling or big data analytics, also give you expertise useful in finance.
See BSc (Hons) Mathematics course page for full module listings

Featured modules

Featured Module: Financial Statistics
Financial Statistics

This module mainly considers two important practical applications: the development of financial trading strategies for single assets and the development of portfolio management strategies for multiple assets.
Maths featured module - ordinary differential equations
Differential equations

Did you know that the differential equation which describes the change in price of stock market options is, in disguise, the same equation that describes how heat diffuses through materials?
Maths featured module mathematical reasoning
Mathematical reasoning

Understand how your credit-card details are kept secure when you shop online and the amazing maths behind it.
Featured module: Data modelling centered
Statistical data modelling

Recent coursework in this module has involved fitting models to COVID-19 cases, comparing engine performance under different environmental conditions, and using historic data to assess how life expectancy has increased over time.
Abstract network connection background. getty
Electrodynamics and Relativity

Electrodynamics describes the classical theory of electric and magnetic fields and how they interact with electric charges. It is one of the four fundamental interactions of Nature.
Featured module: Operational research and Monte Carlo Methods
Operational research

In this module you will work on an open-ended case study inspired by real-life problems and developed in cooperation with companies such as Babcock International.

People

  • Lecturer in Applied Mathematics/Theoretical Physics
    Foundation Year Programme Manager
  • Associate Professor of Theoretical Physics
    Final Year Tutor, Otto Hahn Medal winner
  • Lecturer in Mathematics
    Programme Manager, Applied Mathematician
  • Associate Head of School (Resources)
    First Year Tutor, Royal Statistical Society South West Local Group Secretary
  • Associate Professor of Theoretical Physics
    Associate Member CERN theory group
  • Lecturer in Pure Mathematics
    Admissions Tutor for Mathematical Sciences
  • Associate Professor in Mathematics
    Associate Head of School for Mathematical Sciences, Pure Mathematician
  • Head of School and substantive Professor of Mathematics
  • Associate Head of School (UG Education)
    Lead of the 探花视频 GPU Research Centre
  • Associate Professor in Theoretical Physics
    Theoretical Physicist, Member User Forum of the UK Central Laser Facility
  • Emeritus Professor
  • Lecturer in Data Science/Statistics
    First Year Tutor
  • Lecturer in Mathematical Sciences
    Applied Mathematician
  • Lecturer in Theoretical Physics
    Mathematical Sciences Employability Lead, Member HPQCD collaboration
  • Lecturer in Mathematics Education
    Senior Personal Tutor, Mathematics Education Lead
  • Associate Professor in Mathematics and Statistics
    Senior Fellow of the HE Academy
  • Visiting Professor
    High Performance Computing Lead, Associate Member CERN theory group

Mathematical sciences degrees

The School of Engineering, Computing and Mathematics offers a suite of undergraduate mathematical sciences degrees, including Mathematics with other subjects.There is a great deal off flexibility to transfer between these degrees, allowing you to specialise in the area of your choice, as your knowledge and understanding deepens. Discover which mathematics degree is right for you.

Tailor your degree to suit your interests and career goals

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Build your confidence

Spend your first year acquiring a mastery of the fundamental skills that characterise a mathematician. Modules include calculus, linear algebra, numerical methods and probability.
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Develop your interests

As your knowledge and understanding deepen you may choose to take advantage of the flexibility provided by this course.
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Choose your pathway

Elect to continue along the BSc (hons) Mathematics pathway or select one of our specialist pathways - BSc (Hons) Mathematics with Education or BSc (Hons) Mathematics with Finance.