Undergraduate prospectus

Financial Mathematics, BSc Hons

Our financial mathematics degree provides an ideal platform if you are interested in pursuing a career in the financial sector.

This degree in financial mathematics is based on the type of mathematics and statistics used daily in the financial industry. You will study asset price modelling, risk-neutral pricing, time series analysis and actuarial mathematics. An optional work placement means you can test new skills and knowledge in a working environment.

Popular career destinations for our financial mathematics graduates include the financial, insurance, banking and investment sectors. The course is accredited by the Institute of Mathematics and its Applications, the UK's chartered professional body for mathematicians, so with further experience, you could achieve chartered mathematician status.

In the 2019 Guardian University Guide, our mathematics courses were ranked in the top 10 in the UK.

UCAS points

104 (view full requirements)(full requirements below)

Course/institution codes

GN13 G BSc/FM

Concerned about grades?

We offer an extended degree in this subject that you can access with lower entry requirements.

Campus

Greenwich

Duration

  • 3 years full-time
  • 6 years part-time
  • 4 years sandwich

Start month

September

Home/international fees

2021/2022 fees

2021/2022 fees

What you should know about this course

  • The Financial Mathematics plays a vital role in the development of the modern financial service industry
  • The BSc Hons Financial Mathematics course will provide a strong background in mathematics and statistics, and introduce you to the role of analytics in the business world
  • Throughout the course, students develop knowledge of financial analytics which includes asset price modelling, the risk-neutral pricing of financial derivatives, actuarial mathematics, and financial time series
  • Overall, employers across many financial sectors place a high value on the knowledge and transferable skills acquired by the graduates of this course.
  • Our Mathematical Science degrees are consistently highly ranked for student satisfaction: 1st in London by the Complete University Guide 2019 and 6th in the UK in the 2019 Guardian University league tables for Mathematics.

Financial Mathematics, BSc Hons


Find out more about studying Financial Mathematics at the University of Greenwich.

What you will study

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Course information is currently unavailable for this programme. Please contact course-info@gre.ac.uk for more information.

About the course team

You will be taught by an experienced team, which includes senior academics and practitioners with broad industry insights. Trained postgraduate researchers may also contribute to lab/tutorial teaching with the module leader. 

Our research and consultancy work informs academics, and over 90 per cent of the lecturers teaching our undergraduate modules in Mathematical Sciences holds a teaching qualification.

Come and meet us

Given the current situation with Covid-19, we are offering virtual events so that you can still experience how Greenwich could be the right university for you.

Next Open Days

Got a question?

To find out more about our Open Days and Campus Tours or if you need any assistance, please email opendays@gre.ac.uk.

Entry requirements

If you are

For entry in September 2021, you will require:

  • 104 UCAS points from A-Levels which MUST include a grade C, or higher, in A-Level Maths

AND YOU WILL ALSO REQUIRE:

  • GCSE English (Language or Literature) AND GCSE Maths at grade 4/C or above. We also consider equivalent qualifications in English and Maths at Level 2, in place of GCSEs.

For more information, contact courseinfo@greenwich.ac.uk or 020 8331 9000.

You can also read our admissions policy.

The University of Greenwich accepts a broad range of international qualifications for admission to our courses.

For detailed information on the academic and English language requirements, please find your country in our directory.

Alternatively, please contact us:

Further information about entry

If you have any query on - and for more information about - our entry requirements, please contact courseinfo@greenwich.ac.uk or call 020 8331 9000

You can also read our admissions policy.

Available to overseas students?

Yes

Can I use prior learning?

For entry: applicants with non-traditional qualifications or other professional experience will be considered on a case-by-case basis.

For exemption: If you hold qualifications or courses from another higher education institution, these may exempt you from modules of this degree.

Concerned about grades?

We offer an extended degree in this subject with lower entry requirements. Our extended degrees include a foundation year to prepare you for degree-level study.

How you will learn

This section helps you understand more about how you'll learn based on standard delivery of teaching and learning on campus.

However, as a response to COVID-19 we are currently operating a 'blended model' of teaching and learning (except for distance-learning courses). This means a combination of face-to-face sessions on our campuses with online lectures. There is additional support for any students who are unable to attend campus because they are ill or shielding. We'll continue to offer blended learning to all our students, in line with government guidelines, for as long as we are advised to. If government or local authority rules require it, we may be limited to offering online-only learning but will return to blended learning as soon as we are safely able to do so.

You can find out more about how we are supporting our students.

Teaching

In a typical week learning takes place through a combination of:

  • Timetabled learning
  • Independent study

You can view more information about how each module is taught within our 'What you will study' section.

Seminars enable you to discuss and develop your understanding of topics covered in lectures in smaller groups. You will also be able to meet your personal tutor. Timetabled learning may fall between 9am and 9pm depending on your elective courses and tutorials.

Class sizes

The typical students intake per year of Mathematical Science courses averages 80-100. Lectures are typically attended in large groups and labs/tutorials by smaller groups. This can vary more widely for modules that are shared between degree courses.

Independent learning

Outside of timetabled sessions, you are also expected to dedicate time (around 24 hours per week) to self-study. This may involve further reading and research, preparing coursework and presentations, and preparing for tests and exams. Our facilities are designed to support you in these activities.

You can use Stockwell Street library and online resources to support further reading and research.

Overall workload

If you are studying full-time, you should expect the workload to be similar to a full-time job. For part-time students, this will reduce in proportion with the number of courses you are studying.

Each module you study towards this degree is worth 15 or 30 credits. These represent around 150 or 300 study hours respectively. If you receive 72 contact hours for a 30-credit module, you should expect to commit 228 hours to independent study to complete it successfully.

In addition, during the week you can also:

  • Attend additional support classes in some modules
  • Attend guest lectures from industry experts
  • Take part in employability and enterprise workshops 
  • Join student societies.

Assessment

On this course, on average, students are assessed by:

  • Examinations
  • Coursework

You can view how each module is assessed within our 'What you will study' section.

Each course has formal assessments which count towards your grade. Some courses may also include 'practice' assignments, which help you monitor progress and do not count towards your final grade.

Students are assessed through a combination of course work, exams and practical assessment where relevant. You can view more information about how each module on this course is assessed within our 'What you will study' section.

Each course has formal assessments which count towards your grade. Some courses may also include 'practice' assignments, which help you monitor progress and do not count towards your final grade.

Feedback summary

We aim to give feedback on assignments within 15 working days.

Dates and timetables

The academic year runs from September to June.

Full teaching timetables are not usually available until term has started. For any queries, please call 020 8331 9000.

Official statistics on Discover Uni

Full time

Part time

Fees and funding

Your time at university should be enjoyable, rewarding, and free of unnecessary stress. Planning your finances before you come to university can help to reduce financial concerns. We can offer advice on living costs and budgeting, as well as on awards, allowances and loans.

2021/2022 fees

Full-time (per year) Part-time (per 30 credits)
View fees

Fees information International fees

Fees are assessed based on your country of domicile, with students domiciled in the EU charged international fees. If you are unsure, find out more about how your fee status is assessed.

Accommodation costs

Whether you choose to live in halls of residence or rent privately, we can help you find what you're looking for. University accommodation is available from just over £100 per person per week (bills included), depending on your location and preferences. If you require more space or facilities, these options are available at a slightly higher cost.

Accommodation pages

Funding your study

There is a range of financial support options available to support your studies, including the Aspire@Greenwich award for study resources that many full-time students will receive. EU students may be eligible for a bursary to support their study. View our EU bursary to find out more.

Discover more about grants, student loans, bursaries and scholarships. We also provide advice and support on budgeting, money management and financial hardship.

Financial support

Other costs

Technology: There are no compulsory costs beyond your tuition fees. However, we may recommend that you purchase a backup device (such as a portable hard drive).

Software: We provide licenses for certain software to use on your own computers, depending on your course. This may include Virtual Desktop access, Tableau Desktop, Microsoft Azure Devtools for Teaching (including Visio, Project, SQL Server, etc). You will also have access to Nvivo, SPSS Modeler and SPSS Amos. Any licenses for software outside of our range will come at your own cost.

Careers and placements

Will I have a work placement?

This course can be taken in sandwich mode, which means you can take a year to work in industry between your second and final years of study. Sandwich placements are relevant to your degree subject and are paid roles. It is the very best way of preparing you for successfully finding a job quickly when you graduate.

You will also have the option to select a module for which you will be required to undertake a short-term placement. The module will be assessed on your reflection on this placement and how you can apply your knowledge to the workplace. Many placements are found through our network of industry contacts, and students are supported in securing these.

For those students who are interested in pursuing a career in teaching you also have the option to select a module for which you will be required to undertake a short-term placement in a school or college.

How long is my placement?

Sandwich placements last for between 9-13 months. Work-based learning module placements are normally one day a week for either one or two terms depending on the number of credits available from the module.

What are the financial arrangements?

Sandwich placements are paid roles whereas work-based learning module placements are normally unpaid.

What sort of careers do graduates pursue?

Students from Mathematical Sciences have secured placement years at the Department for Work & Pensions, NHS England, NATS, Home Office, HMRC, Department of Health, GSK, Intel and Lloyds Banking Group.

Career opportunities for this course are varied. Most industries are always on the lookout for graduates with intellectual, mathematical and numerical skills that can be applied to a wide range of practical situations. 

You may choose to work in a variety of fields such as data science, statistical modelling, operational research, research, internet technology, the pharmaceutical industry, accounting, banking, the Civil Service, teaching, logistics, consultancy, actuarial science, risk management and marketing.

Are internships available?

Students are encouraged to take up Summer internships during the Summer holidays, though it is up to the student to find them. Support is available to students from the Employability and Careers Service when applying for placements and internships.

Do you provide employability services?

Employability activities take place all the time at Greenwich and students are encouraged to take part in as many opportunities as possible. The central Employability and Careers Service provides support for students preparing to apply for placements and graduate roles, such as CV clinics, mock interviews and employability skills workshops. In addition, your School has a dedicated Employability Officer who will be organising work-related activities throughout the year which will help you to build you industry knowledge and networks.

Support and advice

Academic skills and study support

We want you to make the most of your time with us. You can access study skills support through your tutor, our subject librarians, and our online academic skills centre.

Where appropriate, we provide support in academic English and mathematics. If you need to use particular IT packages for a specific module, we provide training for this.

Accommodation information

Accommodation pages

Not quite what you were looking for?

We've got plenty of other courses for you to choose from. Browse our undergraduate prospectus or check our related courses below.

Mathematics at the University of Greenwich

Study mathematics at Greenwich for courses ranked first in London for two categories of student satisfaction (Guardian University Guide, 2020). Focus on areas such as finance, statistics and data analytics.

Visit our mathematics subject page.

University Challenge legend


University Challenge legend Bobby Seagull joined speakers including University of Greenwich graduate Takita Bartlett at Greenwich Maths Time. Part of the Festival of Mathematics, the event gave students the chance to walk on custard and view the Engima code breaking machine.

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Apply now

If you are a UK or EU student and want to study full-time then you apply through the Universities and Colleges Admission Service (UCAS).

If you are a UK or EU student and want to study part-time then you apply to the university directly.

If you are a Non-EU student, you can apply directly via our website or through one of our agents. Please note that if you require a Tier 4 student visa, you will not be able to study as a part-time student at undergraduate level.

If you are a Non-EU student, you can apply directly via our website or through one of our agents. Please note that if you require a Tier 4 student visa, you will not be able to study as a part-time student at undergraduate level.