Financial mathematicians are interested in making good decisions in the face of uncertainty. Through our rigorous programme, you will develop the skills and knowledge to become a major decision maker and influencer in your chosen career and gain valuable real-world experience in industry.
Financial maths is about learning to interpret and manipulate data to draw valuable conclusions and make predictions. This is particularly important in business and finance, but the skills gained from this programme are widely applicable and highly sought after. During the course, you will be able to draw on expertise from three specialist departments: Mathematics and Statistics; Accounting and Finance; and Economics. You will also benefit from completing a year of full-time work experience, providing you with invaluable experience and an insight into the real-world workplace.
During your first year, you will build on your previous knowledge and understanding of mathematical methods and concepts. Modules cover a wide range of topics from calculus, probability and statistics to logic, proofs and theorems. As well as developing your technical knowledge and mathematical skills, you will also enhance your data analysis, problem-solving and quantitative reasoning skills. During this year, you will also receive an introduction to accounting and finance, which will provide you with a comprehensive understanding of the concepts and techniques of the discipline, including financial accounting, managerial finance, and financial statement analysis.
In the second year, you will further develop your knowledge in analysis, probability and statistics. During this year, you will also begin to explore advanced finance and will benefit from modules in economics at managerial level. These will provide you with insight into micro and macroeconomics, and their related issues. You will develop real-world knowledge and experience by applying your analytical skills, interpreting events and evaluating policies. This will be instrumental in developing a career related to banking, finance, international payments and exchange rates, and monetary policy.
To prepare students for their work placement year, our Careers and Placements Team will provide advice and guidance on: the skills required to create effective CVs, cover letters and applications; tips and techniques on how to make an impact at interviews and assessment centres; how to create a relevant digital profile; and how to research employers and career sectors of interest. In addition, there is great emphasis placed upon developing self-awareness and on how to present yourself in a professional manner to employers. This optional provision will be delivered via a blend of traditional and digital methods including face-to-face workshops, online webinars, e-courses and 1:1 appointments.
The third year will take you away from the academic environment and into the workplace. You will spend this year with one of our partner organisations, putting what you have learnt into practice and gaining experience of a real workplace. This is a fantastic opportunity to see how what you have studied applies to the real-world and gives you the chance to get a taster of a potential career. This experience will be highly beneficial once you begin researching your career and applying for jobs.
The University will use all reasonable effort to support you to find a suitable placement for your studies. While a placement role may not be available in a field or organisation that is directly related to your academic studies or career aspirations, all placement roles offer valuable experience of working at a graduate level and gaining a range of professional skills.
Course Details - Modules
Modules are not listed for this Course.
Course Details – Assessment Method
Assessment Methods are not listed for this Course.
Course Details – Professional Bodies
Professional Bodies are not listed for this Course.
How to Apply
26 January This is the deadline for applications to be completed and sent for this course. If the university or college still has places available you can apply after this date, but your application is not guaranteed to be considered.
Application Codes
Course code:
GN1J
Institution code:
L14
Campus Name:
Main Site
Campus code:
Points of Entry
The following entry points are available for this course:
Year 1
Entry Requirements for Advanced Entry (Year 2 and Beyond)
Entry Requirements for Advanced Entry are not listed for this Course.
International applicants
Standard Qualification Requirements
AAA including A level Mathematics or Further Mathematics OR
AAB including A level Mathematics and Further Mathematics
May occasionally be accepted alongside AA in A level Mathematics AND Further Mathematics
with 16 points from the best 3 Higher Level subjects including 6 in Mathematics HL
May occasionally be accepted alongside AA in A level Mathematics AND Further Mathematics
Please note it is not a compulsory entry requirement to take STEP or the Test of Mathematics for University Admission, but for applicants who are taking any of the papers alongside Mathematics and/or Further Mathematics we may be able to make a more favourable offer. For more information please see Lancaster University Mathematics and Statistics webpages.
Please click the following link to find out more about qualification requirements for this course
Minimum Qualification Requirements
Minimum Further Information are not listed for this Course.
English language requirements
Test
Grade
AdditionalDetails
English Language Entry Requirement Information are not listed for this Course.
Unistats information
Student satisfaction :
90%
Employment after 15 months (Most common jobs):
60%
Go onto work and study:
85%
Fees and funding
England
9250.0
Year 1
Northern Ireland
9250.0
Year 1
Scotland
9250.0
Year 1
Wales
9250.0
Year 1
Additional Fee Information
for details of the fees for Channel Islands and international students, please visit our website for details of the specific fees for the degree programme you wish to study.
Provider information
Bailrigg
Address2 are not listed for this Course.
Address3 are not listed for this Course.
Lancaster
LA1 4YW
Career tips, advice and guides straight to your inbox.