Mathematics with Finance (Placement Year) BSc (Hons)
Lancaster University
Key Course Facts
Student Reviews
Below you can see course specific reviews of 110 graduates of Mathematics with Finance (Placement Year) BSc (Hons) and other courses in Mathematics at Lancaster 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 Lancaster 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 | £28500 | £26000 | £33000 |
25-75 percentile range | £24500 - £34000 | £21000 - £33000 | £26000 - £41500 |
All Mathematics courses of Lancaster University
Salary of all UK Graduates of Mathematics
15 months after graduation | 3 years after graduation | 5 years after graduation | |
---|---|---|---|
Median salary | £27040 | £27618 | £34432 |
25-75 percentile range | £23614 - £32661 | £21817 - £36181 | £25386 - £46884 |
All Mathematics courses in the UK
Course Description
Financial maths is about learning to interpret and manipulate data to draw valuable conclusions and make predictions. This is particularly important in business and finance, but the skills gained from this programme are widely applicable and highly sought after. During the course, you will be able to draw on expertise from three specialist departments: Mathematics and Statistics; Accounting and Finance; and Economics. You will also benefit from completing a year of full-time work experience, providing you with invaluable experience and an insight into the real-world workplace.
During your first year, you will build on your previous knowledge and understanding of mathematical methods and concepts. Modules cover a wide range of topics from calculus, probability and statistics to logic, proofs and theorems. As well as developing your technical knowledge and mathematical skills, you will also enhance your data analysis, problem-solving and quantitative reasoning skills. During this year, you will also receive an introduction to accounting and finance, which will provide you with a comprehensive understanding of the concepts and techniques of the discipline, including financial accounting, managerial finance, and financial statement analysis.
In the second year, you will further develop your knowledge in analysis, probability and statistics. During this year, you will also begin to explore advanced finance and will benefit from modules in economics at managerial level. These will provide you with insight into micro and macroeconomics, and their related issues. You will develop real-world knowledge and experience by applying your analytical skills, interpreting events and evaluating policies.
To prepare you for your work placement year, our Careers and Placements Team will provide advice and guidance on: the skills required to create effective CVs, cover letters and applications; tips and techniques on how to make an impact at interviews and assessment centres; how to create a relevant digital profile; and how to research employers and career sectors of interest. In addition, there is great emphasis placed upon developing self-awareness and on how to present yourself in a professional manner to employers. This optional provision will be delivered via a blend of traditional and digital methods including face-to-face workshops, online webinars, e-courses and 1:1 appointments.
You will spend your third year with one of our partner organisations, putting what you have learnt into practice and gaining experience of a real workplace. This is a fantastic opportunity to see how what you have studied applies to the real-world and gives you the chance to get a taster of a potential career. This experience will be highly beneficial once you begin researching your career and applying for jobs.
The University will use all reasonable effort to support you to find a suitable placement for your studies. While a placement role may not be available in a field or organisation that is directly related to your academic studies or career aspirations, all placement roles offer valuable experience of working at a graduate level and gaining a range of professional skills. If you are unsuccessful in securing a suitable placement for your third year, you will be able to transfer to the equivalent non-placement degree scheme and continue with your studies at Lancaster, finishing your degree after your third year.
Returning to Lancaster in the fourth year to complete your study, you will delve deeper into the theory of probability and will explore the concept of statistical inference. Alongside this, you will build upon the valuable industry and employability skills gained during your placement through a dedicated careers-focused module. This final year will also be highly customisable, allowing you to select from a range of modules to suit your own interests and career aspirations.
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 Lancaster University
Current jobs
All courses of Lancaster University
Required skill level of job after 15 months
All Mathematics courses of Lancaster University
Jobs of graduates of this course (15 months after graduation)
Example below based on all graduates of Mathematics with Finance (Placement Year) BSc (Hons) at Lancaster University
23% | Managers, directors and senior officials |
19% | Teaching Professionals |
16% | Engineering professionals |
14% | Administrative occupations |
8% | Science, engineering and technology associate professionals |
5% | Administrative occupations |
3% | Business and public service associate professionals |
2% | Elementary occupations |
2% | Skilled trades occupations |
2% | Information Technology Professionals |
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 Lancaster University
Requirements for international students / English requirements
IELTS academic test score (similar tests may be accepted as well)
-
- 7.0
- Graduate Degrees
-
- 6.5
- Undergraduate Degrees
Costs
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 Lancaster University in top UK and global rankings.
Rankings of Lancaster University in related subject specific rankings.
Mathematics
-
-
- #8
- #10
-
- Mathematics
-
The Guardian University League Tables by Subject
[Published 09 September, 2023]
-
-
- #11
- #14
-
- Mathematics
-
CUG The Complete University Guide - By Subject
[Published 08 June, 2023]
-
-
- #16
- #201
-
- Mathematics
-
QS World University Rankings By Subject
[Published 22 March, 2023]
-
-
- #11
- #401
-
- Mathematics
-
NTU Rankings by Subject
[Published 11 July, 2023]
See all 34 university rankings of Lancaster University
About Lancaster University
Lancaster University was established in 1964 and is located in the rural setting of Lancaster. The campus provides a series of amenities, including banks and a post office. Academically, all of this university’s courses and programmes are accredited and approved by MARP, ensuring that the curriculums delivered here are set at a high standard. In terms of facilities, students have access to a variety of study and recreational spaces intended to improve their wellbeing, such as Meditation and Tai Chi classes, and Woodland walks.
List of 452 Bachelor and Master Courses from Lancaster University - Course Catalogue
Student composition of Lancaster University
-
Total number of students enrolled at Lancaster University by level Academic year 2021/22 - Full-time equivalent student enrollments published by Higher Education Statistics Agency (HESA) on February 2022
- undergraduates:
- 12595
- postgraduates:
- 4065
- Total:
- 16660
-
Number of students enrolled in courses of subject “Financial Mathematics”: Academic year - Full-time equivalent student enrollments published by Higher Education Statistics Agency (HESA) on February 2022
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 | |
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 | |
Mathematics BSc (Hons) | Royal Holloway, University of London | - | - | - | £9250 | £23800 | - | Egham | On campus Full-time |
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