Financial Mathematics BSc (Hons) – 2018 entry

Why choose this course

Providing the ideal preparation for a career in finance, our Financial Mathematics programme consists of one-third core mathematics, one-third statistics and one-third economics and finance. Informed by the Department of Mathematics’ internationally-leading research and our close partnership with industry, the programme produces graduates who are in great demand in today’s workplace.

What you will study

On our unique Financial Mathematics programme you will study topics such as analysis of shares, equities, cash flows and interest rates, along with an introduction to the principles of microeconomics and macroeconomics. In your final year, you will get the chance to tailor your programme to your specific interests.

Along with technical skills, you will also develop important general skills such as thinking independently, communicating effectively, meeting deadlines and teamworking. Many of our students opt to take a Professional Training placement year which gives them invaluable experience in a relevant organisation, and a real head start when they enter the job market.

Course facts

Qualification Course length Professional Training UCAS KIS code
BSc (Hons) 36 months N300 View KIS data set
BSc (Hons) 48 months N301 View KIS data set

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.

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

Professional recognition

BSc (Hons) - Institute of Mathematics and its Applications (IMA)
This programme will meet the educational requirements of the Chartered Mathematician designation, awarded by the Institute of Mathematics and its Applications, when it is followed by subsequent training and experience in employment to obtain equivalent competences to those specified by the Quality Assurance Agency (QAA) for taught masters degrees.

Careers and graduate prospects

We offer careers information, advice and guidance to all students whilst studying with us, which is extended to our alumni for three years after leaving the University.

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.

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

Study and work abroad

We give our students the opportunity to acquire international experience during their degrees by taking advantage of our exchange agreements with overseas universities or by completing a Professional Training placement abroad. In addition to the hugely enjoyable and satisfying experience, time spent abroad adds a distinctive element to your CV. Visit our global exchanges pages to check where you can go.

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.

Terms and conditions

When you accept an offer of a place at the University of Surrey, you are agreeing to comply with our policies and regulations, and our terms and conditions. These terms and conditions are provided in two stages: first when we make an offer and second when students who have accepted their offers register to study at the University. View our offer terms and conditions and our generic registration terms and conditions as a guide as to what to expect.
 
Please note: our offer terms and conditions will be available in the September of the calendar year prior to the year in which you begin your studies. Our registration terms and conditions will vary to take into account specifics of your course.

Disclaimer

This online prospectus has been prepared and published in advance of the academic year to which it applies. The University of Surrey has used its reasonable efforts to ensure that the information is accurate at the time of publishing, but changes (for example to course content or additional costs) may occur given the interval between publishing and commencement of the course. It is therefore very important to check this website for any updates before you apply for a course with us. Read more.

Academic year structure

The academic year is divided into two semesters of 15 weeks each. Each semester consists of a period of teaching, revision/directed learning and assessment.

The University operates a credit framework for all taught programmes based on a 15-credit tariff. All taught modules are 15 credits. Project modules and dissertation modules can be either 15, 30, 45 or 60 credits.

The structure of our programmes follows clear educational aims that are tailored to each programme. These are all outlined in the programme specifications which include further details such as the learning outcomes.

Modules

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

Please note: If there is an optional Professional Training placement as part of your course, you can view the full module listing for this on the relevant programme specification

Timetables

Timetables are normally available one month before the start of the semester. Please note that while we make every effort to ensure that timetables are as student-friendly as possible, scheduled teaching can take place on any day of the week (Monday–Friday). Wednesday afternoons are normally reserved for sports and cultural activities. Part-time classes are normally scheduled on one or two days per week, details of which can be obtained from the course administrators. View our Timetabling Policy (PDF).

Teaching

Teaching is delivered through a mixture of lectures, tutorials and computer laboratory sessions.

In Year 1, you will have weekly seminars for specific modules.

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 independent study, 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.

There may be occasions when the delivery of your teaching is supported by postgraduate research students. The University has a set of procedures that govern the use of postgraduate research students in this way.

Staff

This course is taught by academic staff from the Faculty of Engineering and Physical Sciences.

Programme leader

BEVAN JJ Dr (Maths)

Personal tutor

All taught students are assigned a personal tutor before beginning a programme of study. Personal tutors offer support and advice to students in the areas of:

  • Academic progress
  • Pastoral/welfare issues
  • Personal/professional development and employability.

Assessment

Modules are assessed individually and credits are awarded for the successful completion of each one. Assessment takes place through a combination of examination and/or coursework, practical examinations and reports.

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

Contact hours can vary across our modules. Full details of the contact hours for each module are available from the University of Surrey's module catalogue. See the modules section for more information.

Learning and disability support

We have two services, the Student Personal Learning and Study Hub (SPLASH) and Additional Learning Support (ALS) which can help develop your learning.

Student Personal Learning and Study Hub

SPLASH is a learning space in the Library where our learning development team is based. It comprises dedicated Student Learning Advisers and Information Skills Librarians who can help you develop your academic and research skills, including writing, presenting, revision and critical thinking.

Find out more about the study support available.

Additional Learning Support

ALS is the University’s disability and neurodiversity service which supports students with disabilities, long-term health conditions, specific learning differences (for example: dyslexia and dyspraxia) and other neurodiverse conditions (for example: autism spectrum and attention deficit disorder).

If you have a disability, we encourage you to disclose your condition and register with the service so you can be appropriately supported during your studies.

The ALS team can arrange exam and learning support adjustments, give advice on applications for the Disabled Students' Allowance and screen students for dyslexia and dyspraxia. Regular study skills and mentoring support is also available.

See the Additional Learning Support website for more information.

What qualifications do you need?

A-level

Overall: AAA (AAB including Further Mathematics). Applicants taking the Science Practical Endorsement are required to pass.

Please note: A-level General Studies and A-level Critical Thinking are not accepted.

Required subjects: Grade A in Mathematics.

GCSE or equivalent: English Language and Mathematics at Grade C(4) (or equivalent).

BTEC (QCF Level 3) Extended Diploma

Overall: D*DD BTEC Extended Diploma and A-Level Mathematics at Grade A. 

Required Subjects: BTEC must be in a relevant subject.

GCSE or equivalent: English Language and Mathematics at Grade C(4) (or equivalent).

International Baccalaureate

Overall: 34

Required subjects: HL6 in Mathematics.

GCSE or equivalent: English HL4/SL4 and Mathematics or Mathematics studies HL4/SL4.

European Baccalaureate

Overall: 85%.

Required subjects: Grade 8.5 in Mathematics.

GCSE or equivalent: English Language (1/2) - 6 English Language (3) - 7 Mathematics 6.

Access to HE Diploma

Overall: QAA-recognised Access to Higher Education Diploma with 45 Level 3 Credits at Distinction.

Required subjects: Modules must be in relevant subjects.

GCSE or equivalent: English Language and Mathematics at Grade C(4) (or equivalent).

Scottish Highers

Overall: AAAAB.

Required subjects: Grade A in Mathematics.

GCSE or equivalent: English Language: Scottish National 5 - C Mathematics - Scottish National 5 - C.

Welsh Baccalaureate

Overall: AAA from a combination of the Advanced Skills Challenge Certificate and two A-levels. Applicants taking the Science Practical Endorsement are required to pass.

Required subjects: Grade A in A-level Mathematics GCSE Equivalent Completion of GCSE English and Mathematics equivalents within the Advanced Skills Challenge Certificate.

Science Practical Certificate

Applicants taking the Science Practical Endorsement are required to pass.

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, run by the Surrey International Study Centre.

Select your country

English language requirements

IELTS Academic: 6.5 overall with 6.0 in each element.

View the other English language qualifications that we accept.

If you do not currently meet the level required for your programme, we offer intensive pre-sessional English language courses, designed to take you to the level of English ability and skill required for your studies here. The University of Surrey is also an IELTS test centre.

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.

Recognition of prior learning

The University of Surrey recognises that many students enter their higher education course with valuable knowledge and skills developed through a range of professional, vocational and community contexts. If this applies to you, a process called recognition of prior learning (RPL) may allow you to enter your course at a point appropriate to your previous learning and experience, or to join the start of a course without the formal entry requirements. This means that you may be exempt from certain elements of study in the course for which you have applied and be awarded credit based on your previous qualifications/experience. There are restrictions on RPL for some courses and fees may be payable for certain claims. 

Please see the Code of practice for recognition of prior learning and prior credit: taught programmes (PDF) for further information. Please email Admissions with any queries.

Fees

Qualification Course length Professional Training UK/EU fees Overseas fees Professional Training fees
BSc (Hons) 36 months £9,250 £17,500 Not applicable
BSc (Hons) 48 months £9,250 £17,500 £1,850

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

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 associated costs with this course:

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

Grand total - £60

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.

How to apply

Learn how to apply for an undergraduate course, see details about the UCAS application process and determine the steps you need to take if you receive an offer to study.

Admissions information

Our undergraduate admissions policy provides the basis for admissions practice across the University and gives a framework for how we encourage, consider applications and admit students.

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