BSc in Financial Mathematics

UCAS Code Degree Title Years Entry
GN13 BSc BSc/Financial Mathematics 3 A in Maths plus AB

There is a separate page with more discussion of entry requirements


Admissions secretary Miss Lesley Hudson Email
Admissions head Prof Caitlin Buck Email
Programme Leader: Financial Mathematics Dr Mathew Joseph Email

The growth of the financial services industry has been one of the striking features of economic life in recent years. Mathematics has played a pivotal role in this development and, as a result, there is a sizeable and growing demand from financial institutions and the City for people with appropriate technical skills and with an understanding of the relevant mathematics. This programme is designed to produce graduates with a suitable mathematical and financial background to enter careers at the technical end of the financial services industry, as financial engineers or quantitative analysts.

The first year

The core modules taken during the first year aim to give students a solid foundation in Mathematics and a taste of Finance. These modules are
MAS100 Mathematics with Maple
MAS101 Probability, Sets and Complex Numbers
MAS103 Differential and Difference Equations
MAS104 Foundations of Probability and Statistics
MAS105 Numbers and Proofs
MAS170 Practical Calculus
MAS171 Matrices and Geometry
MAS173 Probability and Inference
MAS174 Applications of Probability and Statistics
MGT132 Financial Accounting

In addition students choose 10 credits from
ECN101 Business Economics
MAS175 Groups and Symmetries
Any unrestricted module

The second year

The second year aims to extend the mathematical background of students and to present them with further topics in Statistics, Finance and Economics. The core modules consist of
MAS201 Linear Mathematics for Applications
MAS202 Advanced Calculus
MAS204 Numerical Linear Algebra
MAS205 Statistics Core
MAS207 Continuity and Integration
MAS275 Probability Modelling
MGT212 Financial Management
MGT230 Introduction to Corporate Finance and Asset Pricing

Students also choose 20 credits from the following list
ECN101 Business Economics
MAS271 Methods for Differential Equations
MAS272 Applied Differential Equations
MAS273 Statistical Modelling
MAS274 Statistical Reasoning
MAS277 Vector Spaces and Fourier Theory
MAS322 Operations Research
MGT213 Issues in Financial Management

The third year

Having built a solid mathematical foundation and having had a good introduction to Finance, third year students are ready to take the core courses at the heart of the programme. The third year core modules are
MAS331 Metric Spaces
MAS362 Financial Mathematics
MAS460 Stochastic Processes
MAS470 Stochastic Finance

Students are also required expand further their mathematical horizons by taking 40 credits from the following modules:
MAS301 Group Project I
MAS311 Optimization
MAS312 Classical Control
MAS321 Numerical Solution of Partial Differential Equations
MAS330 Topics in Number Theory
MAS332 Complex Analysis
MAS343 History of Mathematics
MAS345 Codes and Cryptography
MAS347 Topics in Mathematical Economics
MAS363 Linear Models
MAS364 Baysian Statistics
MAS371 Applied Probability
MAS372 Time Series
MAS373 Topics in the History of Mathematics
MAS472 Computational Inference

Students are also required to extend their financial knowledge by taking 40 credits from the following modules:
ECN357 Modern Finance
MGT321 Corporate Finance
MGT375 Financial Derivatives