Financial Mathematics BSc (Hons) – 2018 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.

Why Surrey?

Surrey is one of the UK's leading universities for Mathematics, with our programmes ranked fouth by the Guardian University Guide 2018.

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.

Programme overview

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.

Programme structure

The structure of our programmes follows clear educational aims that are tailored to each programme. These are all outlined in the programme specification documents which include further details such as the learning outcomes. Please be aware that these specifications are applicable to the current academic year.

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.

Year 1 (FHEQ Level 4)

Year 2 (FHEQ Level 5)

Professional Training placement (optional)

Many of our students opt to do a Professional Training placement. These normally begin at the end of the second academic year and finish in time for you to begin the third year of study.

Professional Training placements offer students the opportunity to gain access to the world of work, including meeting employers, developing job search skills and acquiring the employability skills that employers look for. Find out more about Professional Training placements.

Year 3 (FHEQ Level 6)

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.

Institute of Mathematics & its applications logo

Teaching

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

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.

Discover more about our academic staff in the Faculty of Engineering and Physical Science.

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 programme structure section for more information.

Academic support

You are allocated a personal tutor to guide you through the programme and advise on your option choices and future career, helping you to get the most out of your time at Surrey.

Global opportunities

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. To check where you can go, visit our Global Exchanges pages.

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.

Careers and Professional Training

We are very proud of our track record for graduate employability. One of the main reasons for our graduate employability success is our Professional Training placement programme which is one of the largest in the World, with over 2,300 partner organisations in the UK and overseas. To find out more visit our Careers and Professional Training pages.

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

Graduate prospects

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

Additional costs

There are associated costs with this BSc (Hons) programme:

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

Grand total: £60

2018 Entry requirements

What qualifications do you need?

A-level

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

Required Subjects: Grade A in Mathematics GCSE English Language C(4) and Mathematics C(4).

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 Equivalent: Grade A in Mathematics GCSE English Language C(4) and Mathematics C(4).

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 Equivalent: English Language C(4) and Mathematics C(4).

European Baccalaureate

Overall: 85%.

Required Subjects: Grade 8.5 in Mathematics.

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

International Baccalaureate

Overall: 34

Required Subjects: HL6 in Mathematics.

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

Science Practical Certificate

Applicants taking the Science Practical Endorsement are required to pass.

Scottish Highers

Overall: AAAAB.

Required Subjects: Grade A in Mathematics.

GCSE 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.

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:

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

IELTS Academic: 6.5 overall with 6.0 in each element.

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

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

Disclaimer

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.

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