Overview
Mathematical Sciences brochure - download a pdf version
Mathematical Science with Finance and Economics combines mathematics with various aspects of finance and economics and offers a broad range of topics in areas such as financial markets, corporate finance and various kinds of economics.
Why study Mathematics with Finance and Economics at City?
- All modules in our courses are taught by specialists in the corresponding field
- The option to undertake a one year placement scheme with paid salary typically between £15,000 and £22,000 pro rata per year
- Our graduates are highly sought after in many different careers and many of our graduates secure careers in the financial sector. Some of our recent graduates have gone on to untake graduate roles for are Deloitte, Ernst and Young, Lloyds TSB, KPMG, Natwest, John Lewis British Museum, UK Border Agency, Orange and Sainsbury's. In addition a number of our students choose to further study at the graduate level. The courses taken include: PGCE, MSc in Operational Research and PhD (research degree in Mathematics)
- As is the case for our Mathematics degrees, this degree can be taken to either the BSc or MMath level. The MMath Mathematical Science with Finance and Economics is a four year version of the corresponding three year degree. The fourth year contains a compulsory special topic, a second project and further optional modules from the third year course.
The course introduces students to the core concepts of Mathematical Science, together with a range of topics from Finance and from Economics. The mathematical focus is as for Mathematical Science, while the Finance and Economics options are designed to introduce students to a wide range of areas across the different parts of modern business. All of the Finance and Economics modules are delivered by Cass Business School or the Economics Department, and are taken from the degree course in Actuarial Science and in Economics.
What our students say
Humzah Butt - BSc Mathematical Sciences with Finance and Economics
Current position - Associate, Ernst & Young
- What is your role within the company or organisation in which you currently work?
I work as an associate within the audit assurance department at Ernst & Young, specialising in banking and capital markets. The role entails providing firms within financial services a level of 'assurance' or comfort around their financial statement disclosures. Such tasks include control testing client systems and processes, substantiating analytical reviews of movements from prior years and implementing correct financial reporting techniques to ensure regulatory requirements are addressed accordingly.
- How did your degree course prepare you for the role?
My degree provided me with a particular set of skills I could easily implement at my workplace. Analytical and problem solving skills acquired through studying various modules at university enabled me to approach complex tasks at work more confidently and assertively. The various group projects and courseworks set throughout the degree prepared me for the prospect of working in teams, large or small, sharing ideas effectively and tackling tasks together synergistically.
- Would you recommend City and your degree course to others?
City is an incredible place to instigate an experience sought after by many students with a view to embark upon a journey towards achieving their degree. The vast opportunities that exist makes it a great university choice, from clubs and societies, to fellow students and staff. I personally admire the extent of cultural diversity and growth that City has experienced over the last few years, and can see that a prosperous future lies ahead.
If you relish a challenge, seek knowledge from the knowledgeable and aspire to complete a high quality versatile degree, City is the place to do so. I would highly recommend studying an employable, sought after and well renowned subject like Mathematics.
Course Fees:
- Full-time EU: £9,000
- Full-time Non EU: £13,000
UCAS code:
G1L1
Entry Requirements
For entry in 2013
- A/AS-level: 360 UCAS tariff points with an A in mathematics or further mathematics at A-level. Point scores exclude general studies and key skills, and count at half value A/AS-levels in a mother tongue other than English
- IB: 32, with 6 in Higher Level mathematics
- 14-19 Advanced Diploma: Engineering or business administration and finance at grade B/250; A-level mathematics at grade A/120
Pre-requisites
Mathematics GCSE at grade C or above.
Other Suitable Qualifications
Foundation Programmes
If you do not qualify for direct entry, our partner INTO City University London offers academic preparation programmes which focus on the skills you need. Successful completion of the International Foundation in Engineering, Computer Science and Mathematics at INTO City University London means guaranteed progression to this degree.
English Requirements
- IELTS: 6.0
- TOEFL: 87 internet-based total
- GCSE: English language grade C
English Language Programmes
If you need to improve your English language skills before you enter this course, our partner, INTO City University London offers a range of English language courses. These intensive and flexible courses are designed to improve your English ability for entry to this degree. Please click the links below for more information.
Visa Requirements
City University London retains Highly Trusted Status from UKBA, enabling us to sponsor international students to study in the UK.
The way that you apply may vary depending on the length of your course at City, there are different rules for:
- Students on courses of more than 6 months
- Students on courses of less than 6 months
- Students on a pre-sessional English Language course
For more information see our main Visa page.
When and Where
- Duration:
- BSc, full-time: Three years or four years including a professional placement or study abroad. MMath, full-time: Four years or five years including a professional placement or study abroad.
Course Content
The civil service, government agencies and research establishments require mathematicians, as do large corporations, public utilities and financial companies. Upon graduation, you will be equipped with skills for a wide variety of careers in industry, commerce, education and research.
This course provides an introduction to a range of mathematical techniques. A central theme is the development of capacity for solving practical problems.
Course Structure
Year One:
In year one you will concentrate on basic mathematical techniques.
Core modules:
- Algebra
- Functions, vectors and calculus
- Introduction to macroeconomics
- Introduction to microeconomics
- Mathematical communication
- Probability and statistics
- Programming
Year Two:
Core modules:
- Calculus and vector calculus
- Complex variables
- Finance and financial reporting A
- Intermediate micro- or macroeconomics
- Linear algebra
Plus an optional module from various topics in mathematics including:
- Applied mathematics
- Dynamical systems
- Numerical mathematics
- Real analysis
Year three:
Core modules:
- Mathematical methods
- Project
Plus a selection of optional modules in mathematics, statistics and finance, including:
- Corporate finance
- Differential equations
- Discrete mathematics
- Economics of addition Mathematical Science with Finance and Economics BSc,MMath BSc, MMath Mathematical Science with Statistics BSc, MMath Mathematical Science with Computer Science
- Introduction to financial derivatives
- Industrial organisation
- Mathematical processes for finance
- Statistical and probabilistic modelling for insurance
The MMath Mathematical Science is a four year version of the corresponding three year degree. The fourth year contains a compulsory special topic, a second project and further optional modules from the third year course.
Teaching and Assessment
Teaching:
Excellent facilities have been developed for students so that lectures and tutorials are supported through PCbased laboratory sessions as well as web-based learning material. Tutorials give you an opportunity to discuss the content of lectures or coursework with a member of staff. A particular feature of our course is the weekly small group tutorial for first year students, which allows us to provide intensive individual assistance in the early stages of the course.
Assessment:
Assessment is based on coursework, project work and examinations. Marks for the BSc course are weighted in the ratio 1:3:6 to produce an overall aggregate. For the MMath course, the marks are weighted in the ratio 1:3:6:6. A professional placement will not contribute to your final degree classification but will be indicated on your degree certificate.
Fees
- Full-time EU: £9,000
- Full-time Non EU: £13,000
Funding
For up-to-date information about tuition fees, living costs and financial support, visit Undergraduate Fees and Finance or Postgraduate Fees and Finance.
Scholarships
Scholarships are offered to certain UK/EU students on the basis of their academic performance at A-level. These are renewable each year subject to good progress.
Scholarship for 2013 entrants: Up to £3,000 cash each year for at least three years for students on this course. Read more here to see if you might qualify.
Placements
If you choose to undertake a one-year placement, then you will take this between the 2nd and 3rd year of your BSc/MMath. During the 1st and especially 2nd year you will receive extensive careers support targeted at identifying job opportunities for mathematicians and applying for jobs.
Career Prospects
Good performance in certain modules can lead to exemptions from some professional examinations of the Institute of Actuaries. The course equips students with a wide range of mathematical skills, and our students have gone on to a wide range of careers in business, finance, the civil service, teaching and accountancy.
Students also go on to undertake PGCEs and specialist MSc courses as well as choosing to undertake research in Mathematics and to obtain a PhD.
Find out how studying at City University London helps you to improve your job prospects.
Find out more about City University London
Mathematics with Finance and Economics
UCAS code: G1L1
Applications for degree courses must be made through 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.
Universities and Colleges Admissions Service (UCAS)
Rosehill, New Barn Lane,
Cheltenham, Gloucestershire GL52 3LZ
www.ucas.com
UCAS Customer Service Unit telephone numbers:
- For callers in the UK: 0871 468 0 468
- For callers outside the UK: +44 (0)871 468 0 468
- For callers with hearing difficulties
- From the UK use the Text Relay service on 18001 0871 468 0 468
- From outside the UK dial +44 151 494 1260 (text phone) and then ask the operator to dial 0871 468 0 468.
When to apply
Your application for entry in September 2013 should arrive at UCAS between 1 September 2013 and 15 January 2014. Applications that arrive after 15 January 2014 will be considered only at the University'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, please contact the
Admissions Office.
T: +44 (0)20 7040 8716/0223
E: ugadmissions@city.ac.uk
If your enquiry is about admission to a particular course, you should contact the admissions tutor for that course (please see the course description for contact details).
