Aberystwyth University
Financial Mathematics (with integrated foundation year) BSc (Hons)
Aberystwyth University

Key Course Facts

Student Reviews

Below you can see course specific reviews of 25 graduates of Financial Mathematics (with integrated foundation year) 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.

Overall student satisfaction
97 /100
25 total respondents

Primarily based on data from undergraduate degree students.

The NSS is commissioned by the Office for Students

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


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

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.

The Department of Mathematics and Aberystwyth Business School established courses in Financial Mathematics in response to the increasing demand from employers in the financial sector for graduates with an understanding of mathematics.

This scheme's integrated foundation year is an opportunity for prospective students who may not have the relevant academic background to acquire a solid foundation in mathematical and financial theory to continue on to an honours course in Financial Mathematics.

The mathematical core of the degree will teach you key skills in algebra, calculus and statistics and you will gain a solid understanding of the principles of economics and of financial accounting and management from the Business School. In addition, you will study mathematics in a financial context, for example in stochastic modelling of the stock market.

Why study Financial Mathematics at Aberystwyth University?

  • Explore a discipline that is both intellectually demanding and vocationally useful, giving you skills that are applicable to a wide range of career choices in the financial industry;
  • This scheme is aimed at those who lack the adequate entry qualifications in mathematics and covers the essential mathematics and finance to allow students to continue on to an honours degree;
  • You will study under experts in a wide range of mathematical and financial disciplines. Our lecturers are committed teachers, some coming from a professional background. This ensures your study is grounded in a proper professional context. Many members of staff are also active researchers, able to introduce you to the boundaries of knowledge in their fields;
  • This scheme offers you the possibility to study a number of modules taught entirely or partially through the medium of Welsh.

This programme will meet the educational requirements of the Chartered Mathematician designation, awarded by the Institute of Mathematics and its Applications, when it is followed by subsequent training and experience in employment to obtain equivalent competences to those specified by the Quality Assurance Agency (QAA) for taught masters degrees.

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.

Current jobs

Required skill level of job after 15 months

Jobs of graduates of this course (15 months after graduation)

Example below based on all graduates of Financial Mathematics (with integrated foundation year) BSc (Hons) at Aberystwyth University

35% Business, Research and Administrative Professionals
25% Artistic, literary and media occupations
10% Business and public service associate professionals
5% Sales occupations
5% Administrative occupations
5% Teaching Professionals
5% Elementary occupations

Entry Requirements / Admissions

UCAS Tariff of Accepted Students for Mathematics

Qualification requirements

Available to those who are studying for, or who have completed Level 3 qualifications (eg, A-Levels or BTEC diploma) and to mature-aged candidates without formal qualifications who have suitable background education, experience and motivation. Applicants are selected on their individual merits and offers can vary. We allow you flexibility in meeting our entry requirements, and all qualifications that you have already gained, or are working towards, will be considered when reviewing your application. We have an inclusive policy which recognises a broad range of qualifications. The entry requirements listed above represent typical offers for some of the most popular qualifications taken by applicants. If you cannot find the qualifications that you are studying (or have previously studied) please contact our Undergraduate Admissions Office (Telephone: +44 (0)1970 622021; Email: [email protected]) for advice on your eligibility and details of the typical offer you are likely to receive.

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.

Aberystwyth University offers a valuable package of scholarships and bursaries to support students. Our long-established Entrance Examination competition means you could get up to £2,000 a year towards your living and study costs. You can combine that with any or all of our other awards, to make your financial package more valuable. Our awards include Sport and Music Scholarships, Bursaries for Care Leavers/Young Carers/Estranged Students and a range of department specific awards. Please visit our website for full details.
Get advice on which foundation courses are best for you to still study Financial Mathematics (with integrated foundation year), BSc (Hons), if you do not meet the minimum requirements in terms of UCAS score, A levels, or English language requirements.

Costs

Tuition Fees Financial Mathematics (with integrated foundation year) 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:

  • Foundation

University Rankings

Positions of Aberystwyth University in top UK and global rankings.

Rankings of Aberystwyth University in related subject specific rankings.

Mathematics

    • #1 
    • #11 
    Mathematics
    The Guardian University League Tables by Subject
    [Published 09 September, 2023]
    • #1 
    • #24 
    Mathematics
    CUG The Complete University Guide - By Subject
    [Published 08 June, 2023]

See all 25 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

Main Site (Aberystwyth)
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