Financial Mathematics BSc (Hons) – 2017 entry

The Maths lecturers are really helpful and willing to spend extra time to explain any difficult areas. There’s a fantastic community here. It’s not just a place to study for your degree, it’s a place where you develop as a person.

What you'll study

The influence of mathematics can be felt in almost every aspect of modern life, including finance, medical science, digital communications and even weather forecasting.

A Mathematics degree at the University of Surrey will take you on a fascinating journey, preparing you for industry or further study.

Programme overview

As a highly regarded discipline, mathematics both underpins contemporary life and is a fascinating subject in its own right.

The skills you learn by studying and applying mathematics prove invaluable in solving the complex problems faced in business – so it is no surprise that Surrey Mathematics graduates are in great demand in today’s workplace.

Our degree programmes encompass some of the latest advances in mathematics and statistics, finance and even music. We continually develop the scope and flavour of our programmes and aim to make them as flexible as possible.

Their modular structure enables you to choose from a range of options, with plenty of choice available in the later years.

As well as gaining an overview of the key theories and techniques that underlie modern pure and applied mathematics, you will be given ample opportunity to study specialised topics in depth, letting you focus on your specific interests.

Our programmes produce graduates who are highly numerate and computer literate, and who have also developed well-honed analytical and other transferable skills, equipping them for a variety of interesting and rewarding careers.

Along with acquiring these specific technical skills, you will gain a broad knowledge base and develop important general skills such as thinking independently, communicating effectively, meeting deadlines and engaging productively in teamwork.

In addition to opening up a range of stimulating career prospects, our programmes are also an excellent preparation for further study.

Providing the ideal preparation for a career in finance, our BSc Financial Mathematics consists of one-third core mathematics, one-third statistics and one-third economics and finance.

These programmes also include financial topics such as analysis of shares, equities, cash flows and interest rates, along with an introduction to the principles of microeconomics and macroeconomics.

In the final year, half of each programme consists of core modules in statistics and financial economics, alongside a choice of options ranging from Games, Markets and Information to Chaotic Dynamics.

You can choose between the N300 programme (which has a three-year duration) or the N301 programme (which includes a Professional Training placement between the second and third academic years, and therefore has a four-year duration).

Students interested in a career in finance but who wish to complete a degree programme with a larger Economics component should consider Surrey’s economics and Mathematics degree (hosted by the Department of Economics).

Read about the experience of Mathematics student Robyn Smith.

Surrey Merit Scholarship

This programme is eligible for our merit-based scholarship, which provides a £2,000 cash award – and membership of Surrey Sports Park for the first year of study – for eligible undergraduate students. More information can be found on our undergraduate bursaries and scholarships page.

Programme structure

Year 1 (FHEQ Level 4)

In Year 1, we expect a good knowledge of core A-level pure mathematics. We do not require prior knowledge of statistics, applied mathematics or computing, as these are taught from scratch.

You will receive a firm grounding in a broad range of topics, and imaginative use is made of computer algebra systems, statistical packages and other software. During this year, it is possible to transfer between Mathematics and Mathematics with Statistics.

Compulsory Mathematics modules:

Examples of combined degree modules:

  • Introduction to Macroeconomics and Microeconomics
  • Programming Languages
  • Foundations of Physics
  • Oscillations and Waves
  • Solo Musical Performance
  • Music Composition

Year 2 (FHEQ Level 5)

In Year 2, all programmes provide essential foundations for later specialisation in various directions. Some degree programmes allow for choice between modules.

Both theory and applications are covered, and your transferable skills are sharpened through solving problems and analysing data, using both specialist and general software.

Compulsory Mathematics modules:

Optional Mathematics modules:

Examples of combined degree modules:

  • Intermediate Macroeconomic Theory
  • Intermediate Microeconomic Theory
  • 3D Computer Graphics
  • Object-Oriented Programming
  • Introduction to Artificial Intelligence
  • Quantum Physics
  • Electromagnetic Waves
  • Film Music
  • Composition

Professional Training placement (optional)

Professional Training placements are an option for you, whichever programme you choose to take and are sandwiched between Years 2 and 3 (except in programme G100, where the professional placement is fully integrated in Year 3).

Placements provide you with an opportunity to enhance your academic studies, with practical experience augmenting your knowledge and skills.

We have excellent links with an extensive portfolio of companies and organisations, including:

  • BAE Systems
  • Deloitte
  • Intel
  • AXA Actuarial
  • Lloyds TSB
  • GlaxoSmithKline
  • Office for National Statistics
  • NHS
  • Department of Transport
  • HM Revenue and Customs

Year 3 (FHEQ Level 6)

In Year 3 (final year for BSc programmes), the emphasis is on specialising to suit your particular degree programmes and personal interests by combining modules from mathematics, statistics, computing, economics, physics and music as appropriate.

For all BSc programmes, a project is one of the final-year options, as well as a Mathematics Education module with hands-on classroom experience.

Compulsory Mathematics modules:

Optional Mathematics modules:

Examples of combined degree modules:

  • Corporate Finance
  • Games, Markets and Information
  • Computer Security
  • Advanced Challenges in Web Development
  • Managing Information Systems
  • Neural Networks
  • Nuclear Structure and Astrophysics
  • General Relativity and Stars
  • Music Recital
  • Ensemble Performance

Professional recognition

All our degree programmes are recognised by the Institute of Mathematics and its Applications (IMA), giving you an edge over other graduates when you finish your studies.

Satisfactory performance in certain modules of the Financial Mathematics programme may lead to exemption from some of the Institute and Faculty of Actuaries’ professional examinations.

Additional costs

There are associated costs with this programme:

  • Commuting (local travel expenses): £60 - travel costs of up to £60 may be incurred in order to attend the placement school

Grand total: £60

Professional Training placements

Mathematicians are in demand in many areas of business and industry, and this breadth is reflected in the Professional Training placements that students can undertake as part of their course.

You might choose to gain experience in financial services including banking and insurance, computer programming or logistics; you might even be involved in an internet start-up.

On placement, you will be visited periodically by an academic member of staff who will track your progress and help ensure that you have a successful experience.

Transfer between programmes which do or do not include a Professional Training placement is possible during the course of your degree, so a decision made when you apply can be changed later.


Teaching is delivered through a mixture of lectures, tutorials and computer laboratory sessions. Contact hours range from about 16 per week during Year 1 to about 12 per week during the final year.

In Year 1, you will have weekly tutorial meetings with your academic tutor in small groups of five to six students.

We anticipate that each academic year will involve roughly 1,200 hours of study time, with contact hours occupying between a third and a quarter of this. The remaining time is used for private study, the completion of coursework and revision.

Assignments include exercises, case studies and projects, undertaken either as individual work or within small groups. We make imaginative use of state-of-the-art IT, and general and specialist software further enriches and enlivens the learning experience.


In Year 1, performance is assessed through tests in each module and formal examinations at the end of each semester. In all other years, assessment is carried out through a combination of coursework, class tests and end-of semester examinations.

From these assessments, as well as from informal assignments, you will receive regular feedback that will allow you to gauge your progress and make an informed choice of optional modules.

Contact hours

The following represents an indicative estimate of how you can expect your time to be split on this programme, based on the information available at the time of publication (February 2016):

  • 2 per cent personal tutorial/small group teaching
  • 1 per cent medium group teaching
  • 20 per cent large group teaching
  • 77 per cent studying and revising in your own time

Career opportunities

Rather than ask which careers require mathematics, the question should probably be which careers do not.

Not only are mathematics and statistics central to science, technology and finance-related fields, but also the logical insight, analytical skills and intellectual discipline gained from a mathematical education are highly sought after in areas such as law, business and management.

Additionally, there is a strong demand for new mathematics teachers to meet the ongoing shortage in schools.

Many of our graduates start their careers with some of the most sought-after employers. Recent employers include:

  • BAE Systems
  • Lloyds TSB Group
  • Skandia Life
  • Friends Provident
  • Logica CMG
  • UniChem
  • Generics UK
  • Thames Water
  • Civil Service
  • QinetiQ
  • Liverpool Victoria Insurance

As well as being designed to meet the needs of future employers, our degree programmes also give you a solid foundation from which to pursue further study in mathematics or scientific research.

Around a quarter of our recent graduates have gone into postgraduate education, either to obtain a teaching qualification or to read for a higher degree, such as an MSc or PhD.

Graduate prospects

Recent graduates have entered employment in roles such as:

  • Allianz, Pricing Analyst
  • Barclays, Global Operations Analyst
  • KPMG, Tax Consultant
  • Microsoft Ltd, Data/Web Analyst
  • PricewaterhouseCoopers, Graduate Associate
  • The Economist, Marketing Accountant

Global opportunities

You have the option of spending one or two semesters abroad in your second year at one of our partner universities, including:

  • Nanyang Technological University
  • Brock University
  • University of Cincinnati
  • North Carolina State University
  • University of Central Florida
  • University of North Texas
  • Texas Tech
  • University of Sydney

International experiences expose you to a new cultural environment that develops your adaptation and communication skills and also your ability to deal with unfamiliar situations, thus strengthening your academic and professional profile.

In addition, or alternatively, you may wish to consider spending your Professional Training year working in another country. If you work in another part of Europe, you will be eligible for an Erasmus+ grant.

This is an excellent opportunity not only to acquire valuable work experience, but also to improve or learn another language.

Discover where our global opportunities can take you.

2017 Entry requirements

What qualifications do you need?



We do not include General Studies or Critical Thinking in our offers.

Access to HE Diploma

QAA recognised Access to Higher Education Diploma with 45 Level 3 credits at Distinction - QAA recognised Access to Higher Education Diploma with 39 Level 3 Credits at Distinction and 6 Level 3 Credits at Merit

BTEC (QCF Level 3) Extended Diploma


European Baccalaureate

76 per cent-75 per cent

International Baccalaureate

36-35 points

Scottish Highers

Scottish Advanced Highers AAA/Scottish Highers AAAAB-Scottish Advanced Highers AAB/Scottish Highers AAABB

Welsh Baccalaureate

Welsh Baccalaureate Advanced Diploma and A-level AA

Other international qualifications

If you are an international student and you don’t meet the entry requirements to this degree, we offer the International Foundation Year.

Select your country:

Required subjects

GCSE English Language and Mathematics at grade C/4 or above (or international equivalent – see relevant country page).

All programmes require at least an A grade in A-level Mathematics.

Selection process

Offers are normally made in terms of grades.

Suitable candidates will be invited to an Applicant Day. During the visit to the University the candidate can find out more about the programme and meet staff and students.

English language requirements

6.5 IELTS minimum overall

6.0 IELTS minimum in each sub-skill

If you are an international student and you are concerned that your English is not to the required standard, you may benefit from the International Foundation Year, run by the Surrey International Study Centre.

Please note that the University of Surrey offers English language programmes and is also an IELTS Test Centre.

See 2018 entry information

Course Options

Qualification Course Length Professional Training UCAS code KIS code
BSc (Hons) 3 Years N300 View KIS data set
BSc (Hons) 4 Years N301 View KIS data set

Tuition fees

View a complete listing of all ongoing fees for our undergraduate programmes.

The University will assess your fee status. If you are unsure whether you are likely to be considered a home, EU or overseas student for fees purposes, the UKCISA website offers more information.

Additional costs

There are additional costs associated with this programme – view the additional costs section for full details.

Professional Training placement fees

Programmes marked with a tick in the table above include a Professional Training placement.

A reduced fee is charged for Professional Training placements.

Fees will not have to be paid up front for those eligible students who decide to take up the Government's loan for higher education fees. The Professional Training placement is a key factor in the high employability rates achieved by students with Surrey degrees.

Bursaries and scholarships

We're committed to making sure that we offer support for students who might need it.

Find out more

International students

Experienced staff in our International Student Office are available to help from the moment you consider studying at the University. We offer professional advice on immigration, visa issues, entry qualifications, pre-departure information, employment regulations and international student welfare.

How to apply

Find out how and when to apply to study at Surrey.

More info

Professor Ian Roulstone presents an overview of the undergraduate Mathematics offerings at the University of Surrey.


Modules listed are indicative, reflecting the information available at the time of publication. Please note that modules may be subject to teaching availability and/or student demand.

Professional Training Placement

Professional Training placement at London 2012

Maths student Holly Wade and Electronic Engineering student Linda Igboanugo talk about their Professional Training Placement work on London 2012

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