Undergraduate study

Undergraduate

Financial Mathematics

Mathematical Sciences

Award Course length Course code Typical offer Start date
BSc (Hons) DPS/DIntS 4 years full-time sandwich GNC3 AAA 1 October 2018
BSc (Hons) 3 years full-time GN13 AAA 1 October 2018

94%

overall satisfaction

NSS 2016

£26,500

average starting salary

92%

graduates in work or further study

Financial Mathematics course overview

Mathematics plays an important role in the financial services industry and there is a growing demand for graduates with knowledge and understanding of both financial matters and the relevant mathematics.

This course provides a thorough training in both aspects with a range of modules in economics, finance and mathematics, including specialist modules that deal directly with applications of mathematics in finance.

Mathematics accounts for two thirds of the course. No previous knowledge of economics is necessary as the first two years provide a comprehensive introduction to both macroeconomics and microeconomics.

Facilities

Modules


Year 1

Compulsory modules:

  • Mathematical Methods 1 & 2
  • Analysis 1 & 2
  • Linear Algebra
  • Geometry and Groups
  • Computer Applications in Mathematics
  • Introductory Probability and Statistics
  • Principles of Macroeconomics
  • Principles of Microeconomics

Year 2

Compulsory modules:

  • Probability Theory
  • Introduction to Applied Mathematics (Mathematical Methods 3)
  • Mechanics
  • Analysis (Analysis 3)
  • Statistical Modelling
  • Introduction to Stochastic Processes
  • Introduction to Finance
  • Intermediate Macroeconomics
  • Intermediate Microeconomics

Final year

Compulsory modules:

  • Differential Equations (Mathematical Methods for Differential Equations)
  • Stochastic Methods in Finance
  • Corporate Finance and Derivatives
  • Financial Economics and Asset Pricing

Optional modules:

Options cover a wide range of topics in mathematics, operational research, economics and finance.

Please note: optional modules are subject to availability and timetable permitting.


The information above reflects the currently intended course structure and module details. Updates may be made on an annual basis and revised details will be published through Programme Specifications ahead of each academic year.

GNC3 Financial Mathematics - BSc (Hons) DPS/DIntS

A-Level
AAA including Mathematics
IB
37 (6,6,6 HL) including HL Mathematics
BTEC
BTEC Level 3 National Diploma: D*D plus A Level Mathematics at grade A, or BTEC Level 3 National Extended Certificate D* plus AA in 2 A Levels to include Mathematics

GN13 Financial Mathematics - BSc (Hons)

A-Level
AAA including Mathematics
IB
37 (6,6,6 HL) including HL Mathematics
BTEC
BTEC Level 3 National Diploma: D*D plus A Level Mathematics at grade A, or BTEC Level 3 National Extended Certificate D* plus AA in 2 A Levels to include Mathematics

Selection

Applicants are usually selected solely on the basis of their UCAS application, but in exceptional cases, an interview may be required. If applicants are made an offer of a place, they will be invited to visit the department giving them the opportunity to meet staff and students, see facilities and get an insight into what it is like to be a student at Loughborough.

Course fees 2017/18

UK/EU fee: £9,250   |   International fee: £16,000

Placement year fees for 2020/21 are still to be confirmed. As an indication, for 2017/18 the current placement fees are set at 20% of the yearly full-time fee for UK/EU students and £3,000 for international students.

Graduate destinations

Recent graduate destinations include: Kent County Council, Britvic, Deloitte, HSBC, BDO, Goldman Sachs, Buckley Construction, Retail Marketing Group.

Placement year

Students on the 4-year sandwich course will be able to gain a year’s work experience in the UK or overseas, which leads to the award of a Diploma in Professional Studies (DPS) on completion of their course. This is in addition to the BSc Honours degree.

Study abroad

There are opportunities for students on all courses to spend a year abroad between their second and final year studies.

These include studying at a European University through the Erasmus course, studying further afield such as in Australia, Singapore or the USA, or working with community organisations in the majority/‘third world’ through the Youth for Development Course offered by Voluntary Services Overseas (VSO).

Our students

George

Course

Mathematics

Department

Mathematical Sciences

Qualifications

MMath (Hons)

Year of Study

Final

Heena

Course

Mathematics

Department

Mathematical Sciences

Qualifications

MMath (Hons)

Year of Study

Final

Department / School Key Information Sets

BSc (Hons) DPS/DIntS 4 years full-time sandwich

UCAS code: GNC3

BSc (Hons) 3 years full-time

UCAS code: GN13