Loughborough University of Technology
Financial Mathematics BSc (Hons)
Loughborough University of Technology

Key Course Facts

Student Reviews

Below you can see course specific reviews of 125 graduates of Financial Mathematics BSc (Hons) and other courses in Mathematics at Loughborough University of Technology for each of the survey questions in comparison to the average for all UK degree courses in Mathematics.

Overall student satisfaction
89 /100
125 total respondents

Primarily based on data from undergraduate degree students.

The NSS is commissioned by the Office for Students

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 £29000 £30000 £39000
25-75 percentile range £25000 - £34500 £25000 - £39000 £30500 - £52000


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

Course Description

Mathematics plays a crucial role in the financial services industry. Our Financial Mathematics BSc degree prepares you for a rewarding career in banking and finance with essential knowledge of financial matters and the underpinning mathematics.

If you wish to gain the skills and knowledge for a career in banking, finance, accounting or economics, our Financial Mathematics BSc (Hons) degree provides thorough training in aspects of both financial matters and the relevant mathematics.

There are a range of modules in economics, finance and mathematics, including specialist modules that deal directly with the applications of mathematics in finance.

Through a comprehensive course that includes modules in probability theory, stochastic processes, statistical modelling, corporate finance, and asset pricing, our Financial Mathematics degree will equip you with an understanding of methodologies and techniques that are essential for jobs in banking and finance.

No prior knowledge of economics or finance is necessary as the course provides a comprehensive introduction to macro and microeconomics and the principles of finance.

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 BSc (Hons) at Loughborough University of Technology

30% Artistic, literary and media occupations
20% Elementary occupations
10% Process, plant and machine operatives
10% Web and Multimedia Design Professionals
10% Science, engineering and technology associate professionals
10% Teaching Professionals
10% Business and public service associate professionals

Grading & Study Time

**A variety of assessment methods are used on this course** Depending on the nature of the material, some modules are assessed by a mixture of coursework and examination (for example 25% coursework and 75% examination), whilst other modules are assessed 100% by coursework or 100% by examination. Coursework is based on a variety of tasks including individual essays, projects, contribution in tutorials, group work and presentations.

Entry Requirements / Admissions

UCAS Tariff of Accepted Students for this course

Requirements for international students / English requirements

IELTS academic test score (similar tests may be accepted as well)

    • 6.5
    • All other courses
    • 5.0
    • Foundation / Pathway Courses
    • 7.0
    • MSc Media and Cultural Analysis, BSc Business and Management
    • 6.5
    • Graduate Degrees
    • 6.5
    • Undergraduate Degrees
Get advice on which foundation courses are best for you to still study Financial Mathematics, 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 BSc (Hons)

EU £22000 year 1
England UK £9250 year 1
Northern Ireland £9250 year 1
Scotland £9250 year 1
Wales £9250 year 1
International £22000 year 1

Additional fee information

The fees stated above are for the 2023/24 academic year; fees for 2024/25 have not yet been confirmed by the UK government. We will update this information as soon as it is available. Fees are reviewed annually and are likely to increase to take into account inflationary pressures.

Tuition fees cover the cost of your teaching, assessment and operating University facilities such as the library, IT equipment and other support services. University fees and charges can be paid in advance and there are several methods of payment, including online payments and payment by instalment.

While the cost of your tuition covers lots of things, it doesn’t cover everything. For instance this course doesn’t cover the cost of any stationery, printing, books or re-assessments which you might need.

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 Loughborough University of Technology in top UK and global rankings.

Rankings of Loughborough University of Technology in related subject specific rankings.

Mathematics

    • #12 
    • #15 
    Mathematics
    CUG The Complete University Guide - By Subject
    [Published 08 June, 2023]
    • #14 
    • #19 
    Mathematics
    The Guardian University League Tables by Subject
    [Published 09 September, 2023]
    • #19 
    • #251 
    Mathematics
    QS World University Rankings By Subject
    [Published 22 March, 2023]

See all 28 university rankings of Loughborough University of Technology

About Loughborough University of Technology

Founded in 1909, Loughborough University is located in the city of the same name, situated between Leicester and Nottingham. The university operates from two distinct campuses; the primary one in Loughborough, and the other in London. In the main Loughborough campus students enjoy access to up-to-date facilities such as their advanced SSEHS research laboratory, Pilkington Library, and numerous snack and restaurant options throughout the campus.

List of 234 Bachelor and Master Courses from Loughborough University of Technology - Course Catalogue

Student composition of Loughborough University of Technology

undergraduates:
14460
postgraduates:
3300
Total:
17760
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Where is this programme taught

Main Site
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