Aberystwyth University

Degree level: Undergraduate
Awarded by: Aberystwyth University (Prifysgol Aberystwyth)

Financial Mathematics

Make sure you check on the university, college or conservatoire website for any updates about course changes as a result of COVID-19.

Course summary

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. This is a discipline which is both intellectually demanding and vocationally useful, giving you skills which apply to many career choices. You will study under experts in a wide range of disciplines. Our lecturers are committed teachers; some come from a professional background, grounding your study in a proper professional context, and many are active researchers, expanding the boundaries of knowledge. This degree is accredited by the Institute for Mathematics and its Applications (IMA), the UK’s learned and professional society for mathematics, directly contributing to your recognition as a Chartered Mathematician. Mathematics has been taught at Aberystwyth since 1872, so that the department builds on over 140 years of teaching excellence, employing lecturers who are committed teachers and internationally-recognised researchers. This is the best department in Wales for Research and one-eighth of our research is world leading. Here you will uncover a discipline that combines the identification and analysis of shapes and patterns with data collation and calculation. The Financial Mathematics degree course was established in response to the increasing demand from employers in the financial sector for graduates with an understanding of mathematics. The mathematical core of the degree will teach you key skills in algebra, calculus and statistics, for example. In addition, you will study mathematics in a financial context, for example in stochastic modelling of the stock market, and gain a solid understanding of the principles of economics and of financial accounting and management. This degree is delivered through a combination of lectures, tutorials and practicals and you will be assessed through coursework, examinations, presentations and reports. You will be assigned a personal tutor who will help you with any queries, whether these are academic-related or personal issues. You should feel free to contact them at any time for help and advice. This course has been designed with future employment in mind. The skills you will develop are all highly transferable and attractive to employers. These include research and data analysis, enhanced mathematical and computational skills, problem-solving, creative thinking, time management and organisational skills. You will have a thorough grounding in information technology and the ability to express ideas and communicate information in a clear and structured manner by the end of your degree. This course will challenge you to develop your teamwork, self-reliance and self-motivation. Real work experience will make you stand out in a competitive job market. You are encouraged to contact the Careers Advisory Service in relation to YES (Year in Employment Scheme) and Go Wales for assistance in securing work placements alongside your degree. A degree in Financial Mathematics is valuable in employment where you will be required to use specialist numerical skills and analytical thought. Typical sectors include: accountancy and banking, risk analysis and actuarial work, finance management, investment analysis, information technology, research and development.

Course details


How to apply

Application codes

Course code:
G1N3
Institution code:
A40
Campus name:
Main Site (Aberystwyth)
Campus code:
-

Points of entry

The following entry points are available for this course:

  • Year 1

Entry requirements

Qualification requirements

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.

Additional entry requirements

Other

A minimum grade C or grade 4 pass in GCSE (or equivalent) English or Welsh is a requirement for entry to all our degree schemes. Business, Mathematics, Psychology and Science degree schemes also require a minimum grade C or grade 4 pass in GCSE (or equivalent).


English language requirements

TestGradeAdditional details
Cambridge English AdvancedB
Cambridge English ProficiencyC
IELTS (Academic)6.5With minimum 5.5 in each component.
PTE Academic55With minimum score of 51 in any component.
TOEFL (iBT)88With minimum scores in components as follows: Listening 21; Writing 21; Reading 22; Speaking 23.

If you are an international student needing more information about the English Language requirement for your course (e.g. country-specific English Language tests, Partner Institution tests, EU/EEA English Language qualifications where the school curriculum is taught in a native language) please contact the Undergraduate Admissions Office for further advice.


Unistats information

Operated by the Office for Students
97%
Student satisfaction
45%
Employment after 15 months (Most common jobs)
80%
Go onto work and study

The student satisfaction data is from students surveyed during the Covid-19 pandemic. The number of student respondents and response rates can be important in interpreting the data – it is important to note your experience may be different from theirs. This data will be based on the subject area rather than the specific course. Read more about this data on the Discover Uni website.

Fees and funding

Tuition fees

England £9000 Year 1
Northern Ireland £9000 Year 1
Scotland £9000 Year 1
Wales £9000 Year 1
Channel Islands £9000 Year 1
Republic of Ireland £9000 Year 1
EU £14300 Year 1
International £14300 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.

Sponsorship information

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.

Financial Mathematics at Aberystwyth University - UCAS