Aberystwyth University

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

Back

Course options

Course summary

TEF Gold

Aberystwyth University has opted into the TEF and received a Gold award.

Find out more about the TEF.

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 IMA (Institute for Mathematics and its Applications), 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.

You will study within a university that is ranked top 5 in the UK and best in Wales for student satisfaction (NSS, 2017) and where 95% of students were in employment or further study within 6 months after graduating (DLHE, 2017).

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 team work, 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.

How to apply

Application deadlines

If your application is completed by the following date, it’s guaranteed to be considered:

15 January

*If you apply after this deadline, universities or colleges don’t have to consider your application if they’ve filled their spaces, so the sooner you apply, the better!

Application codes

You will need these codes when you add a choice to your application.

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

Qualification Offer Further information
UCAS Tariff 120 points With A/B in Mathematics.
A level ABC - BBB ABC with A in Mathematics or BBB with B in Mathematics.
Pearson BTEC Level 3 National Extended Diploma (first teaching from September 2016) DMM - DDM With A/B in A level Mathematics.
Access to HE Diploma Pass in Access qualification in a relevant subject with Merit in 50% of units at level 3.
International Baccalaureate Diploma Programme 28 - 30 points With 4-5 points in Mathematics at Higher Level.
Welsh Baccalaureate - Advanced Skills Challenge Certificate (first teaching September 2015) Aberystwyth University welcomes the Welsh Baccalaureate as a valuable qualification in its own right and considers completion of the Welsh Baccalaureate Advanced Skills Challenge Certificate to be equivalent to an A level grade.

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 here represent typical offers for some of the most popular qualifications taken by applicants. We still use the UCAS tariff to determine whether you have met the terms of our offer, so whatever qualifications you are taking, provided these are included in the UCAS tariff and provided you meet the overall points total (and any specific subject requirements) you may still receive an offer. This means that if your course requires 3 A levels at BBB, we will accept other grade combinations that are equivalent to the same number of tariff points. For example A levels ABC and AAD equate to 120 UCAS tariff points). Applicants studying a mixture of qualifications (e.g. A Level with BTEC) are also warmly welcomed. If you cannot find the qualification(s) that you are studying (or have previously studied) please contact our Undergraduate Admissions Office (Telephone: +44 (0)1970 622021; Email: ug-admissions@aber.ac.uk) 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. Level 3 KS/FS Communication may be acceptable in lieu of GCSE English or Welsh. For this degree scheme minimum grade C or grade 4 pass in GCSE (or equivalent) Mathematics is also required. GCSE Mathematics-Numeracy is acceptable in lieu of GCSE Mathematics.


English language requirements

Test Grade Additional details
Cambridge English Advanced B
Cambridge English Proficiency C
IELTS (Academic) 6.5 With minimum 5.5 in each component.
PTE Academic 55.0 With minimum score of 51 in any component.
TOEFL (iBT) 88.0 With 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.


Fees and funding

Tuition fees

EU £9,000 Year 1
International £13,450 Year 1
England £9,000 Year 1
Northern Ireland £9,000 Year 1
Scotland £9,000 Year 1
Wales £9,000 Year 1

Additional fee information

Fee information: Based on the latest information available to us, for new Home/EU students enrolled on full-time undergraduate courses starting in 2018, Aberystwyth University currently intends to charge a tuition fee of £9,000 for the academic year 2018/19. Welsh government is still to confirm arrangements for 2019/20 onwards, which means that for students starting in 2018/19 or after, tuition fees may rise for any successive years of study, mapped according to any inflation-linked maximum tuition fee permitted by the Welsh Government. These increases would also apply for the proportional fees charged for Year Abroad and Year in Industry. We will inform all applicants and students of the fee levels for 2019/20 and any inflation-linked increases for successive years of study as soon as confirmation is received from Welsh Government, and will publish updates on the Aberystwyth University website. You should check the updated fee information on our website before applying. Up to date details of the relevant fees will be set out in our offer documentation, and your terms and conditions with us will describe how we may be entitled to increase or otherwise change fees during the period of your study with us. Costs not included in the tuition fee: The academic provision of the University includes certain elements of study away from Aberystwyth. These involve activities such as field trips in science degrees and visits to theatres, galleries and museums in humanities-based courses. The additional costs of such activities are not included in the overall University fee and you should, therefore, note the need to budget for them. Details of courses that have additional costs can be found on the Aberystwyth University website. These costs are given as an indication of likely cost and will vary as will the location and duration of the activity. Fuller details will be available from the department organising the activity.

Sponsorship information

Aberystwyth University offers a valuable package of scholarships and bursaries to support students. Our long-established Entrance Scholarship competition means you could get up to £2,000 a year towards your living and study costs. You can combine an Entrance Scholarship with any or all of our other awards, to make your financial package more valuable. Our awards include the Academic Excellence Studentship, means-tested Aberystwyth Bursary, Sport and Music Scholarships, Bursaries for Care Leavers/Young Carers and a range of department specific awards. Please visit our website for full details. This does not apply to students studying at our Mauritius campus.

Provider information

Visit our website

Aberystwyth University
Penglais
Aberystwyth
Ceredigion
United Kingdom
SY23 3FL


Course contact details

Visit our course page
Department of Mathematics (undergraduate enquiries)

+44 (0)1970 622802

Fax: +44 (0)1970 622826


Undergraduate Admissions Office (undergraduate enquiries)