Mathematics and Finance MMath,BSc

Course overview

City University London’s mathematical science degree courses are designed to provide the knowledge and skills that are in great demand by employers in both the private and public sector, enabling students to pursue a wide range of careers. The civil service, government agencies, and research establishments require mathematicians, as do large corporations, public utilities and financial companies.

 

The mathematical science course provides an introduction to a wide range of mathematical techniques from pure and applied mathematics, and statistics. A central theme is the development of capacity for solving practical problems. On completion you will be equipped with skills for a wide variety of careers in industry, commerce, education and research.

 

Mathematics and finance combines mathematics with various aspects of finance and economics and focuses particularly on modules related to actuarial science.

Course content

Year 1
In year one you will concentrate on basic mathematical and actuarial techniques. Core modules include:
• Mathematics
• Algebra
• Calculus
• Finance and investment mathematics
• Introduction to micro and macro economics
• Introduction to finance
• Probability and statistics

 

Year 2
Four core modules, including:
• Calculus and linear algebra
• Mathematical methods
• Financial economics
• Finance and financial reporting
Plus a selection of optional modules from
various topics in mathematics, statistics and finance, including:
• Applied mathematics
• Dynamical systems
• Decision analysis
• Economic theory
• International trade

 

Year 3
Four core modules:
• Mathematical methods
• Differential equations for finance
• Investment
• Project
A selection of optional modules in mathematics, statistics, and finance, including:
• Mathematical processes for finance
• Numerical mathematics
• Operational research
• Extreme value statistics
• Applied econometrics
• Corporate risk management
• Financial markets
• Statistical and probabilistic modelling
for insurance

Teaching and assessment

Teaching
Excellent facilities have been developed for students, and lectures and tutorials are supported through PC-based laboratory sessions and 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 each of the three years are weighted in the ratio 1:3:6 to produce an overall aggregate. For MMath courses the marks are weighted in the ratio 1:3:6:6. A year abroad or professional placement will not contribute to your final degree classification, but will be indicated on your degree certificate.

Selection policy

Typical offers
A/AS level: 300 UCAS tariff points with a B in maths or further maths at A level. Points scores exclude general studies and key skills, and count at half value A/AS levels in a mother tongue other than English.
IB: 28 points with 5 in maths

 

English language requirements
IELTS: 6.0
TOEFL: 79 internet-based total
GCSE: English language grade C

Professional placement and study abroad

Placement Year (optional)
A year on an industrial placement – a sandwich year – may be available. The placement will give students the opportunity to learn more about industry, take on graduate level responsibilities and in some cases work as part of a multinational work force. Students may receive a salary and many go on to be re-employed by their placement company when they graduate.

Fees & bursaries

Fees

UK students: £3,225

International students: £10,500
 

Undergraduate scholarships

UK and international students who meet the following grades will automatically be considered for an undergraduate scholarship (£500 - £1000):

BBB (300 UCAS points) or above, including mathematics and physics or another relevant subject.

 

City University London Bursary

UK students may also be eligible for the City University London Bursary (£360 - £770).

 

More information on funding your degree.

 

Additional information

A good performance in certain modules (particularly those in the mathematics and finance degree) can lead to exemptions from certain professional examinations of the Institute of Actuaries. All of the degree courses equip 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 (among others).