Financial Mathematics BSc (Hons) – 2019 entry
Why choose this course
Providing the ideal preparation for a career in finance, our BSc Financial Mathematics course offers a broad range of modules across mathematics, statistics, economics and finance.
Informed by the Department of Mathematics’ internationall -leading research and our close partnerships with industry, you will be taught in a lively and supportive environment where teaching and research are well integrated.
What you will study
On our unique BSc Financial Mathematics course 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.
The course is approximately one-third core statistics, one-third mathematics and one-third economics and finance. In your final year, you will get the opportunity to tailor your course to your specific interests.
Along with technical and analytical skills, you will also develop important general skills such as the ability to think independently, communicate effectively, meet deadlines and work well in teams.
You may opt to take a Professional Training placement year, which will give you invaluable experience in a relevant organisation and a real head start when you enter the job market.
|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
As part of this course you'll have the option to complete a Professional Training placement. These will give you the opportunity to develop your professional, academic and personal potential, equipping you to be adaptable, resilient, globally minded, confident, entrepreneurial and digitally savvy in the workplace. These qualities are widely recognised by employers and a significant proportion of placement students at Surrey are offered graduate-level jobs or go onto postgraduate study.
Find out more about Professional Training placements and discover how these have transformed our students’ lives and career choices.
Financial Mathematics 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, 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 sandwiched between Years 2 and 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:
- Lloyds Banking Group (Credit Risk)
- Iris Concise
- Oracle Corporation UK Ltd
- Morgan Stanley
- Mazars LLP
- Legal & General
Applying for placements
Professional Training placements are usually applied for and secured via an open and free-to-all process, within which students can select and apply for numerous opportunities. Placement providers use their own recruitment and selection procedures and the majority of students will secure their placement in this way. However, support is also provided to students wishing to source their own placement, subject to university requirements being met.
Students are generally not placed by the University, however they are given thorough support and guidance alongside access to a vacancy portal representing thousands of placement opportunities each year. Please be aware there may be travel costs incurred when attending interviews and assessment centres at the placement provider’s premises.
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 asking 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. In your third year you may take a module in ‘Mathematics Education', which will give you direct experience of life in a local school. Students who undertake this module are often recruited by the teaching profession.
Many of our graduates start their careers with some of the most sought-after employers in the UK or further afield.
Recent graduates have entered employment in roles such as:
- Actuarial Trainee, Ageas Insurance Ltd
- Credit Risk Analyst, Lloyds Banking Group
- Financial Analyst, Cummins Inc.
- Actuarial Analyst, Capital Life and Pensions
- Junior Management Accountant, Virgin Media
- Actuarial Analyst, KPMG
As well as being designed to meet the needs of future employers, our degree programmes will 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 study for a higher degree, such as an MSc or PhD.
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:
- Brock University, Canada
- Nanyang Technological University, Singapore
- North Carolina State University, US
- Texas Tech University, US
- University of Central Florida, US
- University of Cincinnati, US
- University of North Texas, US
- University of Sydney, Australia.
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 placement 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 in 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.
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.
Campus locationStag Hill
Stag Hill is the University's main campus and where the majority of our courses are taught.
As part of this course you have the option to complete a Professional Training placement which would require attendance off campus, depending on where you secure your placement.