Financial Mathematics with a Year Abroad BSc (Hons)
Cardiff University
Key Course Facts
Student Reviews
Below you can see course specific reviews of 60 graduates of Financial Mathematics with a Year Abroad BSc (Hons) and other courses in Mathematics at Cardiff 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 Cardiff University
Salary
Salary of Graduates in Mathematics
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 | £28000 | £27500 | £35500 |
| 25-75 percentile range | £24500 - £31000 | £22500 - £34000 | £27000 - £44500 |
All Mathematics courses of Cardiff University
Salary of all UK Graduates of Mathematics
| 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 Mathematics courses in the UK
Course Description
Begin an exciting journey towards your future career with a degree in BSc Financial Mathematics. You’ll gain the core mathematical skills towards a career in finance, banking and insurance.
By studying this degree, you’ll receive a solid foundation in general mathematical theory and techniques, but also have the opportunity to embark on a year abroad! A year abroad can be a life-changing rewarding experience for both self-discovery and personal development.
Throughout this degree, you will develop an understanding of modern financial markets, institutions, investments and policies, with a focus on issues and topics relevant to the computational and market design side of contemporary finance, including:
- Complex systems
- Trading (in particular high-frequency trading)
- Fund management
- Analytics
The program is also flexible. After your first year, in most cases, you will have the option to switch courses, so you can keep your options open when you apply.
Your year abroad, as part of this degree, will take place during your third year as paid work as a mathematician and/or statistician at an organisation in the United Kingdom or Europe. You can travel to one of our partner institutions across Europe, the United States, Canada and Australia. As a year abroad student, you’ll benefit from a dedicated team member to support you with your year abroad applications.
Another highlight is that you will be taught in Abacws, the new home for the School of Mathematics at Cardiff University. This world-leading facility has been designed in collaboration with students and academic staff to create interdisciplinary, flexible and creative workspaces, with innovative teaching areas being a key feature, including a simulated Trading Room for financial mathematics.
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 Cardiff University
Current jobs
All courses of Cardiff University
Required skill level of job after 15 months
All Mathematics courses of Cardiff University
Jobs of graduates of this course (15 months after graduation)
Example below based on all graduates of Financial Mathematics with a Year Abroad BSc (Hons) at Cardiff University
| 18% | Caring personal services |
| 17% | Skilled trades occupations |
| 17% | Teaching and Childcare Support Occupation |
| 16% | Sales occupations |
| 6% | Business and public service associate professionals |
| 5% | Media Professionals |
| 4% | Welfare Professionals |
| 3% | Business, Research and Administrative Professionals |
| 3% | Customer service occupations |
| 1% | Caring personal services |
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 Cardiff University
Requirements for international students / English requirements
IELTS academic test score (similar tests may be accepted as well)
-
- 6.5
- MBA
Costs
Tuition Fees Financial Mathematics with a Year Abroad 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 | £25450 | year 1 |
| International | £25450 | year 1 |
| EU | £28200 | year 1 |
| International | £28200 | year 1 |
Additional fee information
Students from the UK and Islands:
Fees stated are for the 2024/25 academic year. The University reserves the right to increase tuition fees in the second and subsequent years of a course as permitted by law or Welsh Government policy. Where applicable we will notify you of any change in tuition fee by the end of June in the academic year before the one in which the fee will increase.
Fees for entry in subsequent years are subject to increase and will be confirmed by the end of October in the year preceding your start date of your programme.
Tuition fees cover all reasonable costs required for you to complete to the degree programme stated. Please note that you may choose to participate in study trips, associated placements or purchase equipment while studying on your degree programme which will be at your own cost. Tuition fees do not include living costs such as accommodation, subsistence or travel.
Students from the EU, EEA, and Switzerland:
Students from the rest of the world (international):
Fees for entry in subsequent years are subject to increase and will be confirmed by the end of October in the year preceding your start date of your programme.
Tuition fees cover all reasonable costs required for you to complete the degree programme stated. Please note that you may choose to participate in study trips, associated placements or purchase equipment while studying on your degree programme which will be at your own cost. Tuition fees do not include living costs such as accommodation, subsistence or travel.
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 Cardiff University in top UK and global rankings.
Rankings of Cardiff University in related subject specific rankings.
Mathematics
-
-
- #3
- #32
-
- Mathematics
-
CUG The Complete University Guide - By Subject
[Published 08 June, 2023]
-
-
- #3
- #57
-
- Mathematics
-
The Guardian University League Tables by Subject
[Published 09 September, 2023]
-
-
- #2
- #251
-
- Mathematics
-
QS World University Rankings By Subject
[Published 22 March, 2023]
-
-
- #1
- #351
-
- Mathematics
-
NTU Rankings by Subject
[Published 11 July, 2023]
See all 34 university rankings of Cardiff University
About Cardiff University
Established in 1883, Cardiff University is located in the urban setting of the city of Cardiff, Wales. Some of the university’s most obvious advantages include world-leading research, a knowledgeable and proactive career services office, and the central location. Cardiff is a vibrant, modern city with a young and diverse population known for accepting people from all walks of life.
List of 334 Bachelor and Master Courses from Cardiff University - Course Catalogue
Where is this programme taught
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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 |
|
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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 |
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Dance and Mathematics BA (Hons) | Liverpool Hope University | - | - | - | £9250 | £12500 | - | Liverpool | On campus Full-time |
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Ranking publishers
The University League Tables
- Published:
- 08 June, 2023
British Quacquarelli Symonds, UK
- Published:
- 22 March, 2023
- Criteria used in ranking -QS World University Rankings By Subject:
- Academic Reputation: 50%
Employer Reputation: 30%
Research Citations Per Paper: 10%
H-index: 10%
The Guardian News and Media Limited
- Published:
- 09 September, 2023
NTU ranking
- Published:
- 11 July, 2023
