Mathematics courses

About Financial Mathematics Bsc Hons in Lancaster University

Financial mathematicians are interested in making good decisions in the face of uncertainty. Through our rigorous programme, you will develop the skills and knowledge to become a major decision maker and influencer in your chosen career.

Financial maths is about learning to interpret and manipulate data to draw valuable conclusions and make predictions. This is particularly important in business and finance, but the skills gained from this programme are widely applicable and highly sought after. Over the three years, you will be able to draw on expertise from three specialist departments: Mathematics and Statistics; Accounting and Finance; and Economics.

During your first year, you will build on your previous knowledge and understanding of mathematical methods and concepts. Modules cover a wide range of topics from calculus, probability and statistics to logic, proofs and theorems. As well as developing your technical knowledge and mathematical skills, you will also enhance your data analysis, problem-solving and quantitative reasoning skills. During this year, you will also receive an introduction to accounting and finance, which will provide you with a comprehensive understanding of the concepts and techniques of the discipline, including financial accounting, managerial finance, and financial statement analysis.

In the second year, you will further develop your knowledge in analysis, probability and statistics. During this year, you will also begin to explore advanced finance and will benefit from modules in economics at managerial level. These will provide you with insight into micro and macroeconomics, and their related issues. You will develop real-world knowledge and experience by applying your analytical skills, interpreting events and evaluating policies. This will be instrumental in developing a career related to banking, finance, international payments and exchange rates, and monetary policy.

During your third year, you will delve deeper into the theory of probability and will explore the concept of statistical inference. Alongside this, you will gain valuable industry and employability skills through a dedicated careers-focused module. This final year will also be highly customisable, allowing you to select from a range of modules to suit your own interests and career aspirations.

Entry Requirements

• A Level AAA including A level Mathematics or Further Mathematics OR AAB including A level Mathematics and Further Mathematics

English language requirements

• IELTS:6.5 overall, minimum of 5.5 in each element
• ToEFL IBT:87 overall, minimum of 17 in listening, 18 in reading, 17 in speaking and 20 in writing
• PTE:58 overall, minimum of 42 in each of the four skills

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Lancaster University Cost of Attendance

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• The tuition fees for programs under different faculties are different.
• The estimated cost of attendance has been tabulated below:

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