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Financial Mathematics
Bachelor of Financial Mathematics
Bachelor of Financial Mathematics

Bachelor of Financial Mathematics

  • ID:UN440086
  • Level:3-Year Bachelor's Degree
  • Duration:
  • Intake:

Fees (GBP)

Estimated Total/program:
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60
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100
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20
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Admission Requirements

Entry Requirements

English Requirements

  • 6.5 (no less than 6.0 in any element) or
  • PTE 71 (with a minimum of 65 in each element) or
  • TOEFL (iBT) 87 (minimum 20 in Speaking and 19 in all other elements) 

Other Requirements

  • At least A in A level mathematics. Required grades depend on whether A/AS level further mathematics is offered.

Course Information

The financial world relies on mathematics and expertise in analytical thinking and problem solving. Perhaps you want to:

  • understand more about how the stock markets work
  • develop accountancy skills
  • learn about insurance and risk

This accredited course enables you to study mathematics whilst learning key financial principles. The course is run jointly with Nottingham University Business School. Approximately 75% of the teaching is mathematics; the remainder includes finance and business economics modules.

Our research feeds into our teaching. This means we can offer an extensive choice of core and optional modules. The Vocational Financial Mathematics compulsory module in the third year gives you the chance to work on specific projects tackled through workshops and student-led group activities.

You'll benefit from hands-on practice using computer software and statistical methods that are used across financial maths.

The degree provides good preparation for a future career not only in finance but also across several sectors where quantitative skills are required. Many of our graduates work for organisations such as Deloitte, EY, KPMG, PwC.

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Modules

Year 1

Due to the exciting course changes we have planned for 2022 entry, please check this page again later so that you have the most up to date information.

Two thirds of the first year is devoted to mathematics, with the remainder devoted to financial topics.

Core modules

  • Analytical and Computational Foundations
  • Business Finance
  • Calculus
  • Fundamentals of Financial and Management Accounting
  • Insurance in a Risky World
  • Linear Mathematics
  • Probability
  • Statistics

Year 2

You will study a total of 120 credits. 100 credits will be maths modules and the remaining 20 are financial-based modules.

Core modules

  • Differential Equations and Fourier Analysis
  • Introduction to Scientific Computation
  • Mathematical Analysis
  • Probability Models and Methods
  • Professional Skills for Mathematicians
  • Statistical Models and Methods
  • Vector Calculus

Optional
You must choose between 20 credits from the following:

  • Economic Principles
  • Corporate Finance

Year 3

Three-quarters of the year is spent studying more advanced mathematical topics relevant to finance with the remainder being chosen from a range of financial modules.

Core modules

  • Mathematical Finance
  • Vocational Financial Mathematics

Optional mathematics modules
You must take 50 credits from the following:

  • Coding and Cryptography
  • Game Theory
  • Optimisation
  • Scientific Computation and Numerical Analysis
  • Statistical Inference
  • Stochastic Models
  • Time Series Analysis

Optional finance modules
You must take 30 credits from the following:

  • Financial Economics
  • Financial Markets: Theory and Computation
  • International Finance
  • Risk, Information and Insurance
  • Risk Management Decisions
  • Risk Management Processes

Extracurricular Activities

Become a PASS leader in your second or third year. Teaching first-year students reinforces your own mathematical knowledge. It develops communication, organisational and time management skills which can help to enhance your CV when you start applying for jobs
The Nottingham Internship Scheme provides a range of  paid work experience opportunities and internships throughout the year
The Nottingham Advantage Award is our free scheme to boost your employability. There are over 200 extracurricular activities to choose from
Nottingham MathSoc offers students a chance to enjoy various activities with like minded individuals also studying mathematics. Examples of events are balls, river cruises, sport and other social activities.

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Pre Courses

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Pathway Courses

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Career Opportunity

Career Opportunity

Mathematics graduates are in demand by employers thanks to the direct subject knowledge you will gain. This degree enables you to enhance your CV through your additional understanding in finance, business and economics. 

Our graduates have gone to work for companies such as:

  • Deloitte
  • EY
  • HMRC
  • KPMG
  • NFU Mutual
  • PwC

Ability to settle

Overseas Student Health Cover

Insurance-Single: 300 GBP/year

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