Course overview Mathematics with Finance and Economics BSc (Hons)
This degree will help you explore and understand modern mathematics, economic theory and financial structures.
Our Mathematics with Finance and Economics graduates are in high demand, especially in the financial sector.
To help you prepare for your future career ambitions, this course places an emphasis on applied mathematics and real-world problem solving.
- Become a graduate in demand – our students are highly sought after in financial sector
- Learn to solve real-world problems and develop the highly valued problem-solving and communication skills
- Master a wide range of mathematical topics and techniques, including computing and computational mathematics, statistics and probability – and how to apply them to real-world problems
- Develop in-demand expertise in financial and economic theory, such as financial markets, corporate finance, and micro- and macroeconomics
- Boost your employability with an optional paid one-year work placement – past students have secured placements at organisations such as Axa, Barclays, Bloomberg, Disney, GE Capital, IBM, J.P. Morgan, Microsoft and Toyota.
Learn from a multidisciplinary team combining expertise from our Department of Mathematics, the Department of Economics and Bayes Business School.
Good performance in certain modules can lead to exemption recommendations from professional examinations of the Institute and Faculty of Actuaries.
This three-year BSc Mathematics with Finance and Economics degree increases in choice and flexibility as you progress through the programme, so you can shape what to study to suit your interests.
Functions, Vectors and Calculus (30 credits)
Students entering the Mathematics Programmes have a range of mathematical backgrounds. This module enables students to create a common knowledge base of the basic elements of mathematics beyond traditional Mathematics A-level material.
Algebra (15 credits)
This module will introduce you to basic abstract algebra, which is concerned with studying abstract structures in mathematics, together with some basic algebraic concepts such as matrices and complex numbers.
Introduction to Microeconomics (15 credits)
This module provides a basic introduction to microeconomic principles, theories and methods of analysis, and a framework for applying these to real-world economic problems.
Introduction to Macroeconomics (15 credits)
This module provides a basic introduction to macroeconomic principles, theories and methods of analysis, and a framework for applying these to real-world economic problems.
Linear Algebra (15 credits)
This module extends the algebraic notions defined during the first year and introduces the important concepts of vector spaces and linear maps. These are used to solve various problems involving matrices.
Introduction to Probability and Statistics (15 credits)
This module will provide you with the fundamental tools in probability and statistics which are part of the basic knowledge required for mathematicians.
Introduction to Modelling (15 credits)
This module presents a selection of real-world problems and shows students how to translate those problems into a precise mathematical model.
Skills, Careers and Employability Analysis for Mathematics students (5 credits)
The module will cover topics which will help you to get a well-defined and realistic view of yourself in relation to career options with a Mathematics degree and your personal skill set and aspirations.
Programming and Data Science for the Professions (15 credits)
Real and Complex Analysis (30 credits)
This module will introduce some of the basic ideas that were used in the process of setting down the rigorous foundations of calculus, and indicate why care is needed, as well as introducing students to basic concepts of complex analysis.
Vector Calculus (15 credits)
This module will introduce a variety of techniques for solving multivariable problems and ordinary differential equations that will be used extensively in many of the later modules in the programme.
Fundamentals of Finance (15 credits)
The aim of this module is to provide you with a basic understanding of the various types of instrument used by companies to raise finance from both the company’s and investors’ perspectives. We will also see the role of regulation in the financial markets.
Professional Development and Employability (5 credits)
Supports your professional development by providing you with resources, familiarises you with the recruitment process and supports you when applying for jobs.
Intermediate Microeconomics 1 (15 credits)
This module is devoted to the theory of the behaviour of individual agents in the economy. In particular, we will study the behaviour of consumers and firms, and how they interact in competitive markets.
Intermediate Microeconomics 2 (15 credits)
This module is an extension of Intermediate Microeconomics, Part 1. Topics will include the analysis of the different market structures, monopoly and monopsony and oligopoly. To understand the latter, a brief introduction to game theory will be offered.
Intermediate Macroeconomics 1 (15 credits)
This module builds upon Introduction to Macroeconomics (EC1009) by covering each of the main theoretical models of macroeconomics in the context of both closed and open economies.
Intermediate Macroeconomics 2 (15 credits)
This module builds upon Intermediate Macroeconomics 1 (EC2015) by applying the main theoretical models of macroeconomics to important applied areas such as the macroeconomics of economic growth and the microfoundations of macroeconomics.
Sequences and Series (15 credits)
This module will introduce the basic theory of sequences and series of numbers and functions.
Applied Mathematics (15 credits)
Provides a comprehensive setting for understanding real-world phenomena through the use of mathematical methods. Emphasis will be placed on the role of differential equations, variational calculus and conservation laws in understanding the real world.
Numerical Mathematics (15 credits)
This module will show you how to construct numerical solutions to a range of mathematical problems. Many software packages use numerical methods to solve problems, and having an advanced knowledge of such methods enables you to assess the effectiveness of such software.
Differential Equations (30 credits)
The aims of this module are to introduce and develop the classical theory of linear ordinary and partial differential equations, and to apply the theory to the heat equation and the Black-Scholes equation.
Group Project (15 credits)
This module aims to help students develop a variety of problem solving skills, such as individual motivation and initiative, the powers of critical analysis, creativity and innovation, which can be used to solve practical problems.
Operational Research (15 credits)
This module incorporates mathematics and scientific method in an approach to solving business problems. It introduces you to powerful optimisation techniques and looks at how they can be used to identify and solve practical problems encountered by managers.
Corporate Finance (15 credits)
In this module, you will learn the key concepts that underpin modern corporate finance and their relevance to business capital structure and corporate governance.
History of Economic Thought (15 credits)
The module will provide an introduction to the History of Economic Thought and will consider Classical economic thought; the neoclassical revolution; and twentieth century economic thought.
International Finance (15 credits)
This module gives you an introduction to the body of literature in international finance. On successful completion of this module, you will be able to display knowledge and understanding of the international linkages between national economies in the goods and financial markets.
Financial Economics (15 credits)
This module offers you a chance to study the main principles of finance, its importance to the economy as a whole and the use of economic methods in developing new theories.
Monetary Economics (15 credits)
This module aims to provide a stylised history of the field, an evaluation of the major debates concerning the macroeconomic role of money and an explanation of how these debates have influenced the design and conduct of contemporary monetary policy.
The Economics of Addiction (15 credits)
Economics of European Integration (15 credits)
This module studies the main characteristics of the Economic integration process in the light of the Microeconomic and Macroeconomic tools of economic theory.
Money and Banking (15 credits)
This module will develop a theoretical understanding of the nature and functions of the banking system, its relationship with central banks and regulators, and the historical development and role of central banks.
Industrial Organisation (15 credits)
This module is designed to meet the demand by firms and economic consultancies at home and abroad for professionals having an integral knowledge of all aspects of structural and strategic firm decision making.
Financial Reporting (15 credits)
The aim of the course is to enable you to construct and interpret the published financial statements of companies and financial institutions.
Discrete Mathematics (15 credits)
This module will introduce a range of ideas in discrete mathematics, with equal emphasis on theory and applications.
Advanced Complex Analysis (15 credits)
Introduces fundamental properties of functions of complex variables, Fourier and Laplace transforms, and several applications of conformal maps.
Game Theory (15 credits)
This module aims to introduce the key mathematical concepts involved in the areas of game theory and evolutionary game theory, familiarize students with basic game-theoretical ideas and their mathematical formulation, and enable students to analyse a variety of games applied to different situations.
Dynamical Systems (15 credits)
This module briefly revisits some of the standard phase portrait methods encountered in the Dynamical Systems course at part 2 and extends these ideas, discussing in some detail centres, via the use of Liapunov functions, limit cycles and global phase portraits. The ideas of bifurcation and chaos are introduced via discrete systems.
Introduction to the Mathematics of Fluids (15 credits)
This module will enable you to apply mathematical analysis to the understanding of one aspect of the real world. It will show how complex real world phenomena can be modelled mathematically, and discuss some of the problems that arise when trying to analyse these models.
Introduction to Mathematical Physics (15 credits)
Introduces students to classical mechanics, electromagnetism, relativity and quantum theory. Emphasis will be placed on how the mathematical background the students have already acquired can be applied in the context of physics.
Mathematical Processes for Finance (15 credits)
This module will introduce the mathematical theory of sequential processes and related areas. It will also consider relevant concepts for numerical approximations to solutions illustrated with examples from finance.
Groups and Symmetry (15 credits)
This module is an introduction to group theory, and the application of group actions to various problems in algebra and combinatorics.
Mathematical Biology (15 credits)
This module introduces simple examples drawn from real life problems which will illustrate how mathematics can help us to understand the patterns of life in Nature.
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Teaching and assessment
The Mathematics with Finance and Economics BSc (Hons) at City is a multi-disciplined degree, where learning takes place in a highly energised, supportive environment with experienced academic staff from the Department of Mathematics, the Department of Economics and Bayes Business School.
Throughout your degree, teaching and learning at City is focused on developing your knowledge and enthusiasm for mathematics, finance and economics.
To ease the transition from secondary education to undergraduate study, we provide small weekly group tutorials in the first year.
These allow students the opportunity to ask questions and receive expert answers, as well as provide intensive individual assistance for core module topics.
In the final year, you will carry out your own research project chosen from a wide variety of mathematical topics.
These provide you with intensive individual assistance for the core module topics. In your final year, you will carry out your own research project, choosing from a wide variety of topics that suit your particular interests and career ambitions.
Through the environment that we create for your learning, like for many of our alumni, we are sure that the confidence and knowledge you will gain at City will open doors to a rewarding and satisfying career.
For around 30 hours per week, private study enables you to spend time on background reading, note revision, tutorial problems, coursework and individual or group work on projects.
Your personal tutor
You will be assigned your own personal tutor. They will provide small group tutorials throughout your first year, and will be available to help you throughout your time at City. Your tutor will also provide support for course topics and other matters, and serve as a link with other resources within City and elsewhere.
All lectures and tutorials are taught in a stimulating learning environment, supported through PC-based laboratory sessions.
Assessment is based on examination and coursework. Marks are weighted in a 1:3:6 ratio for the three years of study to produce an overall aggregate.
Types of assessment
- Set exercises or coursework, which you take home and complete with the aid of your notes.
- Formal unseen written examinations every year.
- Class or online tests.
- Group assessments, such as written reports, also form the basis of assessment for some modules.
In the third year of your degree, a core module consists of a group project. The group is assessed by a group written report and an individual presentation on the project. Also, a small number of modules require students to give presentations.
Feedback on assessment
You will normally be provided with feedback within three weeks of the submission deadline or assessment date. This would normally include a provisional grade or mark. For end-of-module examinations or an equivalent significant task (e.g. an end of module project), feedback will normally be provided within four weeks.
The timescale for feedback on final-year projects or dissertations may be longer.
Percentage of the course assessed by coursework
The balance of assessment by examination, practical examination and assessment by coursework will to some extent depend on the optional modules you choose. The approximate percentage of the course assessment, based on 2019/20 entry is as follows:
Most contact hours will take the form of lectures, interactive sessions, practical workshops and small group classes, supported by a personal tutorial system. The number will decrease as you progress and you become more able to direct your own learning. Approximate study time based on 2019/20 entry is as follows:
Fees and funding
Fees for year 2022/23
The fees indicated are for undergraduate entry in the 2022/23 academic year only. Fees for future years may be subject to an inflationary increase, which is normally 2%.
- Fee waivers are available for this course.
- Means tested support is available for 2022/23 entry.
Some of our degrees may involve additional expenses which are not covered by your tuition fees. Find out more about additional expenses.
This degree prepares you for future employment by providing you with vital, transferable skills highly valued by employers in the financial and business sectors.
Many of our graduates secure jobs in the financial sector, going on to work in roles such as financial consultant, investment banker, and customer service officer for organisations such as:
- Hazlems Fenton
- John Lewis
- Lloyds TSB
Given City’s location and links to business, it is unsurprising that many graduates have been employed by large firms in the financial, industrial or retail sector.
Students that complete a placement year have been found to be more likely to achieve higher grades, secure a graduate-level job and earn a higher salary.
Placements can offer the opportunity to contribute to real-world projects. Our students have previously secured placements and internships at organisations such as:
- GE Capital
- J.P. Morgan
- Warner Music.
The School of Science & Technology has its own dedicated placements team, the Corporate Relations & Employability Unit (CREU).
The CREU provides you with support and guidance in securing a relevant placement, through longstanding relationships with a diverse range of companies. The CREU also collaborates with our Careers Service to support you if you wish to take a summer internship at the end of an academic year.
How to apply
Applications for this course have now closed. Other courses may still be available through Clearing.
Address: Universities and Colleges Admissions Service (UCAS), Rosehill, New Barn Lane, Cheltenham, Gloucestershire, GL52 3LZ
- 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.
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Our students' work
Your studies are supported by a team of committed and enthusiastic teachers and researchers, experts in their chosen field. On occasion we also work with external professionals to enhance your learning and appreciation of the wider subject.