Financial Mathematics with a Year Abroad Msci (Hons)

Queen Mary University of London

Key Course Facts

Student Satisfaction	72%
Salary after 15 months	£30000
Unemployment Rate	8% unemployed Proportion of students of this particular course unemployed and not studying 15 months after their course ended. Source: Longitudinal Education Outcomes (LEO) by UK Department for Education Dec 20, 2022
Student Dropout Rate	8% Proportion of students of Financial Mathematics with a Year Abroad Msci (Hons) who are not continuing into their following year of study or have not been awarded a qualification in either of the two comparison years. Source: Unistats by Higher Education Statistics Agency (HESA) Oct 10, 2023
Tuition Fees	£9250 Tuition (UK) Tuition fees per year for Financial Mathematics with a Year Abroad Msci (Hons) at Queen Mary University of London UCAS course summary. Source: UCAS Dec 4, 2023
Duration	5 years - Part-time
Campus	On campus - Main Site
Degree	Master of Science (Honours), Msci (Hons)
Subject	Financial Mathematics

Admission advice for international students

Student Reviews

Below you can see course specific reviews of 210 graduates of Financial Mathematics with a Year Abroad Msci (Hons) and other courses in Mathematics at Queen Mary University of London for each of the survey questions in comparison to the average for all UK degree courses in Mathematics.

Overall student satisfaction

72 /100

210 total respondents

Primarily based on data from undergraduate degree students.

	Financial Mathematics with a Year Abroad Msci (Hons) and other Mathematics courses of Queen Mary University of London	Average review score among all Financial Mathematics courses in the UK
Explanations	76	83
Interesting courses	63	66
Intellectually stimulating	82	82
Challenged to do my best	78	78
Depth of concepts	73	71
Builds on previous learnings	83	83
Joined ideas from different topics	71	76
Balance directed/independent study	71	76
Applicability of course content	66	77
Clear criteria in markings	63	71
Fair assessment	71	81
Tests reflected your learning	70	80
Timely feedback	75	63
Helpful feedback	60	60
Approachability of teachers	79	77
Support from teachers	73	77
Organisation of courses	71	76
Communication of changes	76	77
IT facilities	82	80
Library	88	87
Course specific resources	92	86
Student feedback opportunities	80	82
Student feedback valued	65	72
Student's feedback acted upon	60	61
Work of student union	73	73
Mental wellbeing services	77	77
Overall satisfaction	72	66

Source: National Student Survey NSS 2023. The Overall student satisfaction data point is from 2022 (latest available year). The Office for Students made the unfortunate decision to discontinue collecting overall student satisfaction data points per course.
All Mathematics courses of Queen Mary University of London

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	£30000	£28000	£34500
25-75 percentile range	£27000 - £35000	£24000 - £34000	£27500 - £42500

Source: HESA - Graduate Outcomes Survey Oct 10, 2023
All Mathematics courses of Queen Mary University of London

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

Source: Longitudinal Education Outcomes (LEO) by UK Department for Education Dec 20, 2022
All Mathematics courses in the UK

Course Description

Combine key areas of pure and applied mathematics with more specialist knowledge of financial mathematics, numerical methods and computing.

Our Financial Mathematics MSci is ideal for students planning a career in the more quantitative areas of finance and banking, and for those wanting to undertake academic research.

In your first year you’ll take modules that will give you a foundation in all the core areas of mathematics and statistics, and gain practical data analysis skills. In later years you’ll have the opportunity to study modules across financial and actuarial mathematics, statistical modelling, financial management, programming and more.

In your final year you’ll take advanced modules and develop your research skills by completing an individual project in contemporary mathematical finance. Projects are supervised by one of the School’s academics, many of whom have industry experience in mathematical 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.

What graduates are doing after 15 months

	All Queen Mary University of London graduates of undergraduate studies in Mathematics	All UK graduates of undergraduate studies in Mathematics
Total respondents	125	195
Unemployed	8%	3%
Studying	6%	9%
Working	67%	70%
Both studying and working	12%	15%
No information	6%	4%

Source: HESA - Graduate Outcomes Survey Oct 10, 2023
All Mathematics courses of Queen Mary University of London

Current jobs

Job in line with future plans

Utilise skills from studies

Work is meaningful

	Agree or strongly agree	Disagree
Job in line with future plans	71%	29%
Utilise skills from studies	43%	57%
Work is meaningful	87%	13%

Source: HESA - Graduate Outcomes Survey Oct 10, 2023
All courses of Queen Mary University of London

Required skill level of job after 15 months

% Skilled jobs

	% Skilled jobs
Highly-skilled jobs	77%
Non highly-skilled jobs	16%
Skill level unknown or unclassified	8%

Source: HESA - Graduate Outcomes Survey Oct 10, 2023
All Mathematics courses of Queen Mary University of London

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

Example below based on all graduates of Financial Mathematics with a Year Abroad Msci (Hons) at Queen Mary University of London

17%	Welfare Professionals
17%	Elementary occupations
13%	Teaching Professionals
11%	Business, Research and Administrative Professionals
7%	Media Professionals
4%	Natural and social science professionals
4%	Business and public service associate professionals
4%	Artistic, literary and media occupations
2%	Administrative occupations
2%	Finance Professionals

Source: Unistats by Higher Education Statistics Agency (HESA) Oct 10, 2023

Most of your modules will be assessed by an examination worth at least 90 per cent of the year’s study, with the remainder covered by coursework and tests. All students on MSci programmes also complete a final-year project.

Grading Distribution

Students of the course received the following grades

	Students of the course received the following grades
Not classified	0
Pass	0
Merit	0
Distinction	0
Ordinary degree	0
Other honours degree	7
Lower second class	16
Upper second class	36
First class	41

Source: Unistats by Higher Education Statistics Agency (HESA) 2016

Entry Requirements / Admissions

UCAS Tariff of Accepted Students for Mathematics

Average UCAS Tariff Score 138

Tariff score	% of students accepted for courses in Mathematics
<48	0
48-63	1
64-79	0
80-95	0
96-111	7
112-127	29
128-143	30
144-159	15
160-175	10
176-191	4
192-207	3
208-223	1
224-239	0
>240	0

Source: Unistats by Higher Education Statistics Agency (HESA) Oct 10, 2023
All Mathematics courses of Queen Mary University of London

Get advice on which foundation courses are best for you to still study Financial Mathematics with a Year Abroad, Msci (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 a Year Abroad Msci (Hons)

England UK	£9250	year 1
Northern Ireland	£9250	year 1
Scotland	£9250	year 1
Wales	£9250	year 1

Source: UCAS Dec 4, 2023

Average student cost of living in London

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.

Source: Own research based on surveys and university data

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 Queen Mary University of London in top UK and global rankings.

Rankings of Queen Mary University of London in related subject specific rankings.

Mathematics

- #25
- #37
Mathematics

CUG The Complete University Guide - By Subject
[Published 08 June, 2023]
- #36
- #47
Mathematics

The Guardian University League Tables by Subject
[Published 09 September, 2023]
- #11
- #110
Mathematics

QS World University Rankings By Subject
[Published 22 March, 2023]
- #11
- #201
Mathematics

GRAS Global Ranking of Academic Subjects - ShanghaiRanking
[Published 27 October, 2023]
- #12
- #401
Mathematics

NTU Rankings by Subject
[Published 11 July, 2023]

See all 32 university rankings of Queen Mary University of London

About Queen Mary University of London

Queen Mary University of London (QMUL) was founded in 1989 in the Mile End district of London. This Russell Group University offers state-of-the-art facilities, including their Advanced Molecular Imaging Services, and the Genome Centre for DNA research at Barts and the London School of Medicine, among numerous others for a wide variety of subject matters. QMUL is without a doubt an excellent option for any student wishing to pursue a career path in scientific research, and is recognised worldwide as such.

List of 427 Bachelor and Master Courses from Queen Mary University of London - Course Catalogue

Student composition of Queen Mary University of London

Total number of students enrolled at Queen Mary University of London by level Academic year 2021/22 - Full-time equivalent student enrollments published by Higher Education Statistics Agency (HESA) on February 2022
undergraduates:: 17055
postgraduates:: 8035
Total:: 25090

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

Source: Academic year 2021/22 - Full-time equivalent student enrollments published by Higher Education Statistics Agency (HESA) on February 2022

Similar courses

Program	University	Student satisfaction	Unemployed	Dropout	Tuition (UK)	Tuition (International)	UCAS Tariff	City
Mathematics MMath	University of Dundee	-	-	-	£9250	£19600	-	Dundee	On campus Full-time
Mathematics with International Study MMath	University of Exeter	-	-	-	£9250	£27000	-	Exeter	On campus Full-time
Mathematics with Placement Year MMath	The University of Sheffield	-	-	-	£9250	£25540	-	Sheffield	On campus Full-time
Mathematics with Study Abroad Msci (Hons)	University of Bristol	-	-	-	£9250	£29300	-	Bristol	On campus Full-time
Mathematics with a Year Abroad MMath	University of East Anglia	-	-	-	£9250	£20600	-	Norwich	On campus Full-time
Mathematics (4 years) MMath	Durham University	-	-	-	£9250	£25900	-	Durham	On campus Full-time
Mathematics Msci (Hons)	University of Exeter	-	-	-	£9250	£27000	-	Exeter	On campus Full-time
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Financial Mathematics with a Year Abroad Msci (Hons)

Queen Mary University of London

Key Course Facts

Student Reviews