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Physics, Astronomy and Mathematics
Bachelor of Financial Mathematics (Hons)
Bachelor of  Financial Mathematics (Hons)

Bachelor of Financial Mathematics (Hons)

  • ID:UH440082
  • Level:3-Year Bachelor's Degree
  • Duration:
  • Intake:
  • Type:Full-time

Fees (GBP)

  • TuitionFee/Year:£13,450.00
  • LivingFee/Year:£11,385.00
  • InsuranceFee/Year:£300.00
  • TuitionFee/Year:£13,450.00
  • LivingFee/Year:£11,385.00
  • InsuranceFee/Year:£300.00
Estimated Total/program:
£75,405.00
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Admission Requirements

Entry requirements

English requirements

  • GCSE: Grade 4/D in English and 4/C Mathematics.
  • IGCSE English at grade C or above.
  • International English Language Testing System (IELTS) score of 6.0 (with no less than 5.5 in any band).
  • Pearson Test of English (PTE) 51 (with no less than 42 in any band).
  • Test of English as a Foreign Language (TOEFL) 72 with band scores of reading 18, writing 17, listening 17, speaking 20.

Course Information

Explore the full range of modern mathematics as you gain fundamental knowledge and advanced mathematical and statistical skills. Mathematics holds the key to advances in virtually all areas of our lives, from finance to computing, logistics to medicine and travel to weather forecasting. If you’re looking for a career that involves shaping technological or scientific progress, mathematics is an ideal degree for you. What’s more, our flexible course allows you to specialise in whichever area of mathematics interests you most. You will find our friendly and personalised approach in the small group tutorial besides your day to day lectures. We have particular teaching expertise in various areas of numerical modelling, financial mathematics, algebra, statistics, optimisation and mathematical physics. You can even choose to take a year out to study abroad or undertake a placement.

Our Mathematics degree is a highly flexible course that allows you to specialise in whichever area of Mathematics interests you the most.

  • All students study a common first year of the Mathematics degree, but in Years 2 and 3 there is a range of different options available for you to specialise in applied mathematics, financial mathematics, or pure mathematics.
  • We take pride in our student-focused approach to teaching Mathematics. Our School is well regarded for its friendly and professional environment, which allows us to equip you with the skills and knowledge required to be a successful mathematician. We will support you throughout your degree so that you can achieve your full potential.
  • Take a look at the latest exciting research we have been undertaking in the Maths department which underpins and informs your studies. 
  • You can always access additional support throughout your course with regular drop-ins at the University’s own Maths Support Service located in the Library and accessing specialised career support from the Career and Employment department.

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Degree programmes are structured into levels, 4, 5 and 6.  These correspond to your first, second and third/final year of study.  Below you can see what modules you’ll be studying in each. 

Level 4

Module, Credits, Compulsory/optional

  • Financial and Actuarial Mathematics, 15 Credits, Compulsory
  • Mathematical Techniques 1, 30 Credits, Compulsory
  • Linear Algebra, 15 Credits, Compulsory
  • Numbers and Sets, 15 Credits, Compulsory
  • Applications of Mathematics, 15 Credits, Compulsory
  • Basic Statistics, 15 Credits, Compulsory
  • Computational Modelling, 15 Credits, Compulsory
  • Small Group Tutorial (Level 4), 0 Credits, Compulsory

Level 5

Module, Credits, Compulsory/optional

  • Mathematical Techniques 2, 15 Credits, Compulsory
  • Programming, 15 Credits, Compulsory
  • Graduate Skills, 0 Credits, Compulsory
  • Numerical Methods, 15 Credits, Compulsory
  • Financial Markets and Portfolio Theory, 30 Credits, Compulsory
  • Statistical Modelling, 15 Credits, Compulsory
  • Small Group Tutorial (Level 5), 0 Credits, Compulsory
  • Career Planning and Development, 0 Credits, Compulsory
  • Professional Teaching Skills, 15 Credits, Optional
  • Number Theory, 15 Credits, Optional
  • Algebra, 15 Credits, Optional
  • Real Analysis, 15 Credits, Optional
  • Differential Equations, 15 Credits, Optional
  • Motion and Tensors, 15 Credits, Optional

Level 6

Module, Credits, Compulsory/optional

  • Investigations in Financial Mathematics, 15 Credits, Compulsory
  • Nonlinear Optimisation, 15 Credits, Compulsory
  • Financial Mathematics & Derivative Pricing, 30 Credits, Compulsory
  • Professional Placement, 0 Credits, Optional
  • Space Dynamics, 15 Credits, Optional
  • Year Abroad, 0 Credits, Optional
  • Complex Analysis, 15 Credits, Optional
  • Partial Differential Equations, 15 Credits, Optional
  • Linear Optimisation, 15 Credits, Optional
  • Further Algebra, 15 Credits, Optional
  • Further Numerical Methods, 15 Credits, Optional
  • Combinatorics, 15 Credits, Optional
  • Nonlinear Systems, 15 Credits, Optional
  • Placement with Study Abroad, 0 Credits, Optional
  • Multivariate Statistics, 15 Credits, Optional
  • Linear Modelling, 15 Credits, Optional
  • Lagrangian Dynamics, 15 Credits, Optional
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Pre Courses

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Pathway Courses

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Career Opportunity

Career Opportunity

The number of people working in jobs requiring numerical ability has been steadily rising in the UK in recent years. In the world of employment, maths graduates are in high demand for their skills in problem-solving, logical thinking and their ability to understand and interpret data. Recent maths graduates from the University of Hertfordshire have gone on to exciting careers in finance, actuaries statistics and data science, IT, business analysis, teaching and many more.

These careers are also well paid. According to data from the government’s Longitudinal Education Outcomes (LEO) Data Analysis, the University of Hertfordshire is ranked 16th (out of 64 universities) for the highest quartile earnings for maths graduates five years after graduating.

Ability to settle

Overseas Student Health Cover

Insurance-Single: 300 GBP/year

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