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Financial Mathematics

Study level:
Undergraduate

Course summary

Alongside mathematics and finance, you'll develop transferable skills and expertise in problem-solving and analytical thinking. These are important skills required within business and industry.

This course enables you to study mathematics whilst learning key financial principles including understanding the stock market, learn the principles of business and finance or learning about insurance and risk. You'll focus on the latest techniques in financial mathematics to understand how these can be applied in the real-world.

This accredited course is run jointly with Nottingham University Business School. Two thirds of your first year will be devoted to mathematics with the remainder focusing on financial topics. Later years of the degree provide more flexibility, with optional modules enabling you to tailor the course to your interests.

  • Core modules will build on your understanding of the fundamentals of mathematics and finance

  • Freedom to choose from a wide range of exciting optional modules

  • Accredited by the Institute of Mathematics and its Applications

  • Support from senior students on a range of important first-year topics is provided

  • Good preparation for a future career in finance with many of our graduates working for organisations such as Deloitte, EY, KPMG, PwC

There's a chance to spend time overseas through the university's study abroad programme, or apply for a work placement year as part of the course too. These are excellent ways in which to boost your CV when looking for jobs after graduation.

Modules

All students follow a common programme of compulsory study for the first year. You will focus on core modules that provide a solid foundation in the main mathematical topics. You'll be introduced to some of the main topics across financial mathematics covering accountancy and risk too. Using computer software and statistical methods will provide hands-on practical experience.

During the second year most of the year is devoted to maths, with the remainder focused on financial topics. Your time will be split between core and optional modules.

The compulsory Mathematics Group Project module in the third year gives you the chance to work on specific projects tackled through workshops and student-led group activities. The focus will be on the application of maths to a variety of practical, open-ended problems. These are examples that mathematicians would typically face in the workplace. It provides a good opportunity to develop skills and techniques in model development, report writing and teamwork. These are all valuable skills for your future career.

Optional maths and finance modules during the rest of the year enable you to tailor the degree to your specific areas of interest.

How to apply

Apply by
29 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:
G120
Institution code:
N84
Campus name:
University Park Campus
Campus Code:
-

Points of entry

The following entry points are available for this course:

  • Year 1

Entry requirements

Qualification requirements

UCAS Tariff - Not accepted

A level - A*AA - AAA

A Level Mathematics is essential. A Level Further Mathematics (in additional to A Level Mathematics) is preferred but not required: - A*AA including Mathematics - AAA including Mathematics and Further Mathematics - A*AB including A*A in any order from Mathematics and Further Mathematics - AAA including Mathematics, plus A in AS Level Further Mathematics The following A Levels are not accepted: General Studies, Critical Thinking, Citizenship Studies, Thinking Skills, Global Perspectives and Research. A levels in general studies, critical thinking and citizenship studies are not accepted.

Pearson BTEC Level 3 National Extended Diploma (first teaching from September 2016) - D*DD

This qualification is only accepted alongside A Level Mathematics grade A*.

Access to HE Diploma - D: 42 credits M: 3 credits

This qualification is only accepted alongside A Level Mathematics grade A*.

Scottish Higher - AAAAB

This qualification is only accepted when combined with Scottish Advanced Higher grades AA, including Advanced Higher Mathematics.

Pearson BTEC Level 3 National Diploma (first teaching from September 2016) - DD

This qualification is only accepted alongside A Level Mathematics grade A*.

Pearson BTEC Level 3 National Extended Certificate (first teaching from September 2016) - D

This qualification is accepted alongside A Level grades A*A, including A* Mathematics.

Scottish Advanced Higher - AA

Advanced Higher Mathematics grade A is required. This qualification is only accepted when combined with Scottish Higher grades AAAAB.

International Baccalaureate Diploma Programme - 34 points

including Higher Level grade 6 in Mathematics Analysis and Approaches. Alternatively, Higher Level Certificates 6,6,6 including Higher Level Mathematics Analysis and Approaches.

Welsh Baccalaureate - Advanced Skills Challenge Certificate (last awarded Summer 2024) - A - B

This qualification - or the WJEC Level 3 Advanced Skills Baccalaureate - is only accepted when combined with appropriate A Level subjects and grades.

Cambridge International Pre-U Certificate - Principal

D2 D3 M1 with grade D2 Mathematics D3 D3 M2 with grade D3 Mathematics and D3 Further Mathematics

GCSE/National 4/National 5

English 4/C.

Lower offers will not be made based on STEP/MAT/TMUA tests, although these may be considered in the admissions process.

English language requirements

TestGradeAdditional details
IELTS (Academic)6.5Minimum 6.0 in each element.
TOEFL (iBT)90Minimum 19 in Writing and Listening; 20 in Reading and 22 in Speaking.
PTE Academic71Minimum 65 in each element.

Contextual admissions

Universities and colleges consider more than grades when assessing applications and may make offers based on a range of criteria. Learn more about contextual offers.

We consider applicants solely on the basis of their merits, abilities and potential – we use exam grades to prioritise applicants but look at a range of factors and aim to give everyone an equal opportunity to show their achievements.

We understand that background and personal circumstances can have an impact on academic performance at school or college. Applicants who are eligible under our contextual admissions policies may be considered for a reduced contextual offer.

Learn more on the University of Nottingham website

Historical entry grades data BETA

This section shows the range of grades students (with UK A-Levels or Pearson BTEC Level 3 National Extended Diplomas) who received offers were previously accepted with (learn more). It is designed to support your research but does not guarantee whether you will or won't get a place. Admissions teams consider various factors, including interviews, subject requirements, and entrance tests. Check all course entry requirements for eligibility.

Data from:
This course
Date range:
2023-2024

Offer rate for UK school & college leavers

95% Students aged 17/18 who applied to this course were offered a place.

This course has a required grade that may not be listed in the data. Check the entry requirements for the full qualification requirements.

How do you compare?

See how students with your grades have been accepted onto this course in the past.

Fees and funding

Tuition fees

LocationFeeYear
EU£23000*Year 1
International£23000*Year 1
England£9535*Year 1
Northern Ireland£9535*Year 1
Scotland£9535*Year 1
Wales£9535*Year 1
Channel Islands£9535*Year 1
Republic of Ireland£9535*Year 1

* This is a provisional fee and subject to change.

Tuition fee status depends on a number of criteria and varies according to where in the UK you will study. For further guidance on the criteria for home or overseas tuition fees, please refer to the UKCISA website.

Additional fee information

View undergraduate tuition fees for UK and international students: https://www.nottingham.ac.uk/fees/tuitionfees/202526/undergraduate.aspx

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