Financial Mathematics BSc (Hons)
Aberystwyth University
Key Course Facts
Student Reviews
Below you can see course specific reviews of 25 graduates of Financial Mathematics BSc (Hons) and other courses in Mathematics at Aberystwyth University for each of the survey questions in comparison to the average for all UK degree courses in Mathematics.
Primarily based on data from undergraduate degree students.
All Mathematics courses of Aberystwyth University
Salary
Salary of Graduates in Mathematical Sciences
Important: Salary data below is not course specific, but contains data of all students of Mathematics at the university. Due to data collection methodology, salary data is mainly based on data related to undergraduate students.
15 months after graduation | 3 years after graduation | 5 years after graduation | |
---|---|---|---|
Median salary | £26000 | £22500 | £27500 |
25-75 percentile range | £24000 - £30000 | £18500 - £27500 | £19500 - £35000 |
All Mathematical Sciences courses of Aberystwyth University
Salary of all UK Graduates of Mathematical Sciences
15 months after graduation | 3 years after graduation | 5 years after graduation | |
---|---|---|---|
Median salary | £28132 | £27924 | £34556 |
25-75 percentile range | £24483 - £33995 | £22183 - £36218 | £25816 - £46509 |
All Mathematical Sciences courses in the UK
Course Description
In choosing to study this degree in Financial Mathematics you'll uncover a fascinating and challenging discipline. Mathematics is fundamentally important to modern society, particularly in its contribution to the financial world. This is a discipline which is both intellectually demanding and vocationally useful, giving you skills which apply to many career choices. You will study under experts in a wide range of disciplines. Our lecturers are committed teachers; some come from a professional background, grounding your study in a proper professional context, and many are active researchers, expanding the boundaries of knowledge.
This degree is accredited by the Institute for Mathematics and its Applications (IMA), the UK’s learned and professional society for mathematics, directly contributing to your recognition as a Chartered Mathematician. Mathematics has been taught at Aberystwyth since 1872, so that the department builds on over 140 years of teaching excellence, employing lecturers who are committed teachers and internationally-recognised researchers. This is the best department in Wales for Research and one-eighth of our research is world leading. Here you will uncover a discipline that combines the identification and analysis of shapes and patterns with data collation and calculation.
The Financial Mathematics degree course was established in response to the increasing demand from employers in the financial sector for graduates with an understanding of mathematics. The mathematical core of the degree will teach you key skills in algebra, calculus and statistics, for example. In addition, you will study mathematics in a financial context, for example in stochastic modelling of the stock market, and gain a solid understanding of the principles of economics and of financial accounting and management. This degree is delivered through a combination of lectures, tutorials and practicals and you will be assessed through coursework, examinations, presentations and reports. You will be assigned a personal tutor who will help you with any queries, whether these are academic-related or personal issues. You should feel free to contact them at any time for help and advice.
This course has been designed with future employment in mind. The skills you will develop are all highly transferable and attractive to employers. These include research and data analysis, enhanced mathematical and computational skills, problem-solving, creative thinking, time management and organisational skills. You will have a thorough grounding in information technology and the ability to express ideas and communicate information in a clear and structured manner by the end of your degree. This course will challenge you to develop your teamwork, self-reliance and self-motivation. Real work experience will make you stand out in a competitive job market. You are encouraged to contact the Careers Advisory Service in relation to YES (Year in Employment Scheme) and Go Wales for assistance in securing work placements alongside your degree.
A degree in Financial Mathematics is valuable in employment where you will be required to use specialist numerical skills and analytical thought. Typical sectors include: accountancy and banking, risk analysis and actuarial work, finance management, investment analysis, information technology, research and development.
Jobs & Career Perspectives
15 months after graduation, graduates of this course were asked about what they do and, if they are working, about their current job and their perspectives.
All Mathematics courses of Aberystwyth University
Current jobs
All courses of Aberystwyth University
Required skill level of job after 15 months
All Mathematics courses of Aberystwyth University
Jobs of graduates of this course (15 months after graduation)
Example below based on all graduates of Financial Mathematics BSc (Hons) at Aberystwyth University
35% | Teaching Professionals |
25% | Sales occupations |
10% | Artistic, literary and media occupations |
5% | Managers, directors and senior officials |
5% | Elementary occupations |
5% | Web and Multimedia Design Professionals |
5% | Teaching and Childcare Support Occupation |
Grading & Study Time
Grading Distribution
Students of the course received the following grades
Entry Requirements / Admissions
UCAS Tariff of Accepted Students for Mathematics
All Mathematics courses of Aberystwyth University
English language requirements
test | Grade | Additional Details |
---|---|---|
Cambridge English Advanced | ||
Cambridge English Proficiency | ||
IELTS (Academic) | 6.5 | With minimum 5.5 in each component. |
PTE Academic | 55 | With minimum score of 51 in any component. |
TOEFL (iBT) | 88 | With minimum scores in components as follows: Listening 21; Writing 21; Reading 22; Speaking 23. |
Costs
Tuition Fees Financial Mathematics BSc (Hons)
England UK | £9000 | year 1 |
---|---|---|
Northern Ireland | £9000 | year 1 |
Scotland | £9000 | year 1 |
Wales | £9000 | year 1 |
Channel Islands | £9000 | year 1 |
Ireland | £9000 | year 1 |
EU | £16520 | year 1 |
International | £16520 | year 1 |
Additional fee information
The UK and Welsh Governments have confirmed that EU students commencing their studies in the academic year 2021/22 will no longer be eligible for home fee status. Fees for EU students will therefore be charged in line with international fees from 2021/22 onwards.
Please note Irish nationals will continue to be eligible for home fee status and support by the Welsh Government under the Common Travel Area arrangement
Average student cost of living in the UK
Rent | £518 |
Water, gas electricity, internet (at home) | £50 |
Supermarket shopping | £81 |
Clothing | £35 |
Eating out | £33 |
Alcohol | £27 |
Takeaways / food deliveries | £30 |
Going out / entertainment (excl.alcohol, food) | £24 |
Holidays and weekend trips | £78 |
Transport within city | £17 |
Self-care / sports | £20 |
Stationary / books | £13 |
Mobile phone / internet | £13 |
Cable TV / streaming | £7 |
Insurance | £51 |
Other | £95 |
Average student cost of living | £1092 |
London costs approx 34% more than average, mainly due to rent being 67% higher than average of other cities. For students staying in student halls, costs of water, gas, electricity, wifi are generally included in the rental. Students in smaller cities where accommodation is in walking/biking distance transport costs tend to be significantly smaller.
How to apply
Application deadline:
January 1, 2025
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.
Possible Entry Points:
- year 1 (Default entry point)
University Rankings
Positions of Aberystwyth University in top UK and global rankings.
Rankings of Aberystwyth University in related subject specific rankings.
Mathematics
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- #1
- #11
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- Mathematics
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The Guardian University League Tables by Subject
[Published 09 September, 2023]
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- #1
- #24
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- Mathematics
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CUG The Complete University Guide - By Subject
[Published 08 June, 2023]
See all 24 university rankings of Aberystwyth University
About Aberystwyth University
Aberystwyth University (Aber) was founded in 1872 in Aberystwyth, Wales. This university has earned itself an impressive array of awards in various domains, including in teaching standards and post-graduate employability. Whether you enjoy walking by the beach or visiting the historic town centre, Aberystwyth is a superb option for those students looking for a quiet place to focus on their academic goals.
List of 383 Bachelor and Master Courses from Aberystwyth University - Course Catalogue
Where is this programme taught
Similar courses
Program | University | Student satisfaction | Unemployed | Dropout | Tuition (UK) | Tuition (International) | UCAS Tariff | City | ||
---|---|---|---|---|---|---|---|---|---|---|
Mathematics (Including Foundation Year) BSc (Hons) | University of Essex | - | - | - | £9250 | £20500 | - | Colchester | On campus Full-time | |
Mathematics with Foundation Year BSc (Hons) | University of Southampton | - | - | - | £9250 | £23620 | - | Southampton | On campus Full-time | |
Financial Mathematics BSc (Hons) | Aberystwyth University | - | - | - | £9000 | £16520 | - | Aberystwyth | On campus Full-time | |
Mathematics and Media & Communication (with Foundation Year) BA (Hons) | Liverpool Hope University | - | - | - | £9250 | £12500 | - | Liverpool | On campus Full-time | |
Financial Mathematics and Statistics BSc (Hons) | The London School of Economics and Political Science | 79% | 0% | 0% | £9250 | £25656 | 199 | London | On campus Full-time | |
Mathematics with Placement Year BSc (Hons) | The University of Sheffield | - | - | - | £9250 | £25540 | - | Sheffield | On campus Full-time | |
Financial Mathematics BSc (Hons) | Cardiff University | - | - | - | £9000 | £25450 £28200 | - | Cardiff | On campus Full-time | |
Mathematics BSc (Hons) | University of Reading | - | - | - | £9250 | £27650 | - | Reading | On campus Full-time | |
Mathematics with Computing BSc (Hons) | University of Essex | - | - | - | £9250 | £20500 | - | Colchester | On campus Full-time | |
Dance and Mathematics BA (Hons) | Liverpool Hope University | - | - | - | £9250 | £12500 | - | Liverpool | On campus Full-time |
Ranking publishers
The University League Tables
- Published:
- 08 June, 2023
The Guardian News and Media Limited
- Published:
- 09 September, 2023