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  1. Mathematics and Finance
    1. 2017
    2. 2016
Courses

Mathematics and Finance

BSc (Hons) |
The BSc (Hons) Mathematics and Finance combines mathematics with various aspects of finance and economics and focuses particularly on actuarial science.

Key Information

Start date

September 2017

Duration

3 years or 4 years including a professional placement

Fees

UK/EU

Full-time: £9,250 per year (fees in subsequent years may be subject to increases (limited to the Retail Prices Index) dependent on governmental policy)

Non-EU

Full-time: £14,000 per year (fees may increase in subsequent years in line with the Retail Prices Index)

UCAS code

GN13

Application period

From 6th September 2016

Until 15th January 2017

Who is it for?

This course is aimed at mathematics students with a particular interest in finance, specifically in actuarial science. It will equip you with fundamental mathematical skills and introduces various aspects of financial and economic theory such as financial markets, corporate finance or micro- and macroeconomics.

Objectives

You will acquire a core set of skills in mathematical science alongside the basics in actuarial science. This provides a good starting point for a career in the finance sector, especially in risk assessment, insurance and statistical finance.

  • This course is designed as a hybrid between mathematics and actuarial science. All modules are taught by specialists from the Department of Mathematics and the Cass Business School.
  • You will have the opportunity to take a paid one year placement after your second year. You have the opportunity to undertake a one-year paid placement scheme. Placements are paid up to £25,000 pro rata per year, with some organisations choosing to exceed this.
  • Our graduates are highly sought after in many different roles and many of our graduates secure careers in the financial sector. Some of our recent graduates have gone on to roles at: Deloitte, Ernst and Young, Lloyds TSB, KPMG, Natwest, John Lewis, British Museum, UK Border Agency, Orange and Sainsbury's.

Accreditation

Good performance in certain modules can lead to exemptions from professional examinations of the Institute of Actuaries.

Requirements and how to apply

Entry requirements

  • 'A' Level: AAB (including grade A in Mathematics or Further Mathematics).
  • Tariff: 136 UCAS tariff points (including grade A in Mathematics or Further Mathematics). Read more about the new UCAS tariff from September 2017.
  • BTEC: DD with an 'A' Level grade A in Mathematics.
  • Extended Project Qualification (EPQ): We welcome applications that include the EPQ. Where relevant, this may be included in our offer, resulting in an 'A' Level offer reduced by one grade.
  • IB: 34 points (including Higher Level Mathematics at grade 6).
  • Mixed qualifications: We do accept applications from students who are completing a combination of qualifications. For this course, this would be something like: DD in Applied Business, with a grade A in 'A' Level Mathematics.

The following is also required:

  • GCSE: A minimum of grade 4 (C) in GCSE English.

Other suitable qualifications

If you do not qualify for direct entry, you may wish to take a foundation programme first. These programmes are designed to prepare students for entry to City's undergraduate courses.

INTO City, University of London

Don't meet the entry requirements? INTO City, University of London offers a range of academic and English language programmes to help prepare you for study at City, University of London. You'll learn from experienced teachers in a dedicated international study centre.

These programmes are designed for international students who do not meet the required academic and English language requirements for direct entry. To prepare for this degree course, learn more about the International Foundation in Engineering and Mathematics.

English requirements

If your first language is not English, we will require evidence of English language proficiency. Minimum requirements are:

  • IELTS: 6.0 overall with a minimum of 6.0 in each component.
  • PTE Academic: 58 overall with a minimum of 50 in each component.

English language programmes

Don't meet the English language requirements? INTO City, University of London offers English language programmes to help prepare you for study at university. These intensive and flexible courses are designed to improve your English ability for entry to degree courses. Learn more about INTO's English for University Study programme.

Visa requirements

If you are not from the European Economic Area / Switzerland and you are coming to study in the UK, you may need to apply for a visa or entry clearance to come to the UK to study.

The way that you apply may vary depending on the length of your course. There are different rules for:

  • Students on courses of more than six months
  • Students on courses of less than six months
  • Students on a pre-sessional English language course.

If you require a Tier 4 student visa to study in the UK, you cannot undertake any City courses on a part-time basis.

For more information see our main Visa page.

How to apply

Applications for degree courses must be made through the Universities and Colleges Admissions Service (UCAS). You can apply through your school or college using the Apply system, which enables you to submit your application directly to the UCAS website.

www.ucas.com

You can apply to up to five universities or institutions on the form. The UCAS code for City, University of London is C60.

Please take care to enter the correct course code when applying, particularly for subjects with a Foundation year or with BEng (Hons) and MEng (Hons) or BSc (Hons) and MSci (Hons) options.

UCAS has implemented an 'invisibility of choices' policy so that, on the initial application and while you are receiving decisions, each institution can see only their entry and not those of other institutions you have chosen. This ensures that your application for a course at City is considered solely on your academic and personal qualities.

You should submit your completed application form to UCAS with a £23 application fee. If you want to apply to City, University of London only, you can make a single choice application at a reduced rate of £12.

When to apply

Your application for entry in September 2017 should arrive at UCAS between 1st September 2016 and 15th January 2017. Applications that arrive after 15th January 2017 will be considered only at City's discretion.

When your application is acknowledged by UCAS, you will be sent a personal identification number so that you can access your records via Track on the UCAS website.

Enquiries

For general enquiries about the admissions process at City, please contact our Admissions Office:

Email: ugadmissions@city.ac.uk
Telephone: +44 (0)20 7040 8716.

If your enquiry is about admission to a particular course, please use the contact details provided on the course page.

Contacting UCAS

Website: www.ucas.com
Address: Universities and Colleges Admissions Service (UCAS), Rosehill, New Barn Lane, Cheltenham, Gloucestershire, GL52 3LZ
Telephone: from inside the UK 0871 468 0468; from outside the UK +44 (0)871 468 0468
For callers with hearing difficulties: from inside the UK use the Text Relay service on 18001 0871 468 0468; from outside the UK dial +44 151 494 1260 (text phone) and then ask the operator to dial 0871 468 0468.

91%
of Mathematics students were satisfied with the course making us 3rd in London (NSS 2016).
2nd
in London for teaching (NSS 2016).
18th
City is ranked in the top 20 UK institutions (18th) in the Guardian University Guide 2017.

The Lord Mayor of London Scholarship

Student views

A Day in the Life of a Mathematics & Finance Student

Charlie studies BSc (Hons) Mathematics & Finance at City. This is his story.

Placements

The School has its own dedicated placements team that provides on-hand placement and internship support and guidance for students throughout their studies. You can undertake one of the following placement schemes:

  • One-year placement - these are taken after you have successfully completed your second of studies; students work between nine and fifteen months on placement before returning to City to complete their final year;
  • Summer internships - these can be taken every summer on completion of the academic year

Our dedicated team of placement specialists, the Professional Liaison Unit, has extensive experience in helping students to secure placement employment across a range of industries. The team also has longstanding relationships with an impressive and diverse range of companies spanning both large and small organisations including start-ups in Tech City.

Placements are highly encouraged at City; students that complete a placement year benefit from gaining professional experience working on real-life projects and are also more likely to; achieve higher grades, secure a graduate-level job and earn a higher salary.

Learn a language for free

We offer a free language course for City, University of London students.

Find out how to apply

Teaching and learning

To ease the transition from school to the City environment we provide in the first year of study weekly small-group tutorials, which provide intensive individual assistance for the topics of the core modules.

In the final year, students will carry out their own research project chosen from a wide variety of mathematical topics.

Assessment within modules is based on examination and coursework whereby marks are weighted in a ratio 1:3:6 for the three years of study to produce an overall aggregate.

Modern facilities ensure that all lectures and tutorials are taught in a stimulating learning environment and can be supported through PC-based laboratory sessions.

Assessment weightings by year

  • Year 1: 10%
  • Year 2: 30%
  • Year 3: 60%

Modules

This course provides students with an understanding of important elements of mathematics and of aspects of financial theory such as financial reporting or corporate finance.

Year 1

You will concentrate on developing basic mathematical skills and gaining knowledge in important financial and economic topics. Year one lays the foundation for any specialisation chosen in year two and three.

You will take the following core modules:

  • Algebra
  • Functions, vectors and calculus
  • Introduction to probability statistics
  • Programming and computational mathematics
  • Introduction to microeconomics
  • Introduction to macroeconomics
  • Financial and investment mathematics A

Year 2

You will continue to develop your mathematical skills and financial knowledge by taking advanced core modules. You are given the opportunity to choose one module from a pool of elective modules.

You will take the following core modules:

  • Real and complex analysis
  • Vector calculus
  • Linear algebra
  • Finance and financial reporting A
  • Finance and financial reporting B
  • Financial and investment mathematics B

You will also choose one of the following elective modules:

  • Applied mathematics
  • Sequences and series
  • Numerical mathematics
  • Applications of probability and statistics

Year 3

You will take three core modules and specialise according to your own mathematical and economic interests. You will choose four elective modules from a diverse pool of options, which allows you to gain advanced knowledge in areas such as modern applications of mathematics, modeling and applied mathematics, discrete mathematics and application and statistical processes and applications.

Additionally you will take part in a group project and undertake your own mathematical research, closely supervised by an academic member of the department.

You will take the following core modules:

  • Mathematical models
  • Differential equations for finance
  • Research group project

You will choose two of the following elective mathematical modules:

  • Discrete mathematics
  • Dynamical systems
  • Mathematical processes for finance
  • Mathematical biology
  • Fluid dynamics

You will also choose two of the following elective finance modules:

  • Operational research
  • Stochastic models
  • Probability and statistics II
  • Corporate finance
  • Corporate risk management
  • Introduction to financial derivatives

Career prospects

City graduates are equipped with a variety of mathematical skills and will find a wide range of careers open to them. The ability to think logically and abstractly, to solve problems and to model real-world phenomena are sought after by employers.

Given City's location many recent graduates have been employed by large firms in the financial or industrial sector, while others have gone into education, Civil Service and research.

Some of our recent graduates have gone on to roles at:

  • Deloitte
  • Ernst and Young
  • Lloyds TSB
  • KPMG
  • Natwest
  • John Lewis
  • British Museum
  • UK Border Agency
  • Orange
  • Sainsbury's

Find out how studying at City, University of London helps to improve your job prospects

78.9% of graduates in employment or further study six months after completing the course

Destinations of Leavers from Higher Education survey 2014-15

Mathematics and Finance

UCAS code: GN13

Application Deadline

15th January 2017


Applications for degree courses must be made through the Universities and Colleges Admissions Service (UCAS). You can apply through your school or college using the Apply system, which enables you to submit your application directly to the UCAS website.

www.ucas.com

You can apply to up to five universities or institutions on the form. The UCAS code for City, University of London is C60.

Please take care to enter the correct course code when applying, particularly for subjects with a Foundation year or with BEng (Hons) and MEng (Hons) or BSc (Hons) and MSci (Hons) options.

UCAS has implemented an 'invisibility of choices' policy so that, on the initial application and while you are receiving decisions, each institution can see only their entry and not those of other institutions you have chosen. This ensures that your application for a course at City is considered solely on your academic and personal qualities.

You should submit your completed application form to UCAS with a £23 application fee. If you want to apply to City, University of London only, you can make a single choice application at a reduced rate of £12.

When to apply

Your application for entry in September 2017 should arrive at UCAS between 1st September 2016 and 15th January 2017. Applications that arrive after 15th January 2017 will be considered only at City's discretion.

When your application is acknowledged by UCAS, you will be sent a personal identification number so that you can access your records via Track on the UCAS website.

Enquiries

For general enquiries about the admissions process at City, please contact our Admissions Office:

Email: ugadmissions@city.ac.uk
Telephone: +44 (0)20 7040 8716.

If your enquiry is about admission to a particular course, please use the contact details provided on the course page.

Contacting UCAS

Website: www.ucas.com
Address: Universities and Colleges Admissions Service (UCAS), Rosehill, New Barn Lane, Cheltenham, Gloucestershire, GL52 3LZ
Telephone: from inside the UK 0871 468 0468; from outside the UK +44 (0)871 468 0468
For callers with hearing difficulties: from inside the UK use the Text Relay service on 18001 0871 468 0468; from outside the UK dial +44 151 494 1260 (text phone) and then ask the operator to dial 0871 468 0468.

Contact details

Undergraduate Courses Office

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City, University of London is an independent member institution of the University of London. Established by Royal Charter in 1836, the University of London consists of 18 independent member institutions with outstanding global reputations and several prestigious central academic bodies and activities.