MSc Civil Engineering and Management
The MSc Civil Engineering and Management program at the University of Nottingham aim to...
BSc Financial Mathematics
University Park
INTAKE: September
Program Overview
The BSc in Financial Mathematics at the University of Nottingham is a specialized program designed to equip students with a strong mathematical foundation combined with financial principles. It focuses on applying mathematical techniques to solve complex financial problems and analyze financial markets.
Curriculum: The curriculum of the BSc in Financial Mathematics covers a range of mathematical and financial topics. Students study calculus, algebra, probability theory, statistics, numerical analysis, and optimization methods. They also delve into financial modules including financial modeling, risk management, derivative securities, and portfolio management. The program emphasizes the use of mathematical modeling and quantitative techniques in finance.
Research Focus: The university places a significant emphasis on research in financial mathematics. Students have opportunities to engage in research projects exploring areas such as quantitative finance, stochastic calculus, financial risk analysis, and mathematical modeling of financial markets. Under the guidance of faculty, students conduct in-depth analyses and contribute to ongoing financial research initiatives.
Industry Engagement: The BSc in Financial Mathematics program encourages industry engagement to provide students with practical insights into the applications of financial mathematics. Collaborations with financial institutions, banks, and investment firms offer opportunities for internships, placements, and real-world projects. This engagement helps students understand the practical challenges and applications of financial mathematics in the industry.
Global Perspective: The University of Nottingham integrates a global perspective into the BSc in Financial Mathematics. The program explores global financial markets, international financial regulations, and the impact of globalization on financial systems. Students examine diverse financial models and practices worldwide, preparing them for careers in a globalized financial environment.
Location
University Park
Score
IELTS 6.5
Tuition Fee
£ 20500
Undergraduate Entry Requirements
Academic Qualifications: Students should have completed their secondary education with a minimum of 74% or equivalent in their country's grading system. The specific entry requirements may vary depending on the chosen program of study. Some programs may have additional subject-specific requirements.
English language proficiency:
- IELTS: A minimum overall score of 6.5 with no individual component below 6.
- TOEFL: A minimum overall score of 100, with at least 19 in Listening, 19 in Reading, 20 in Speaking, and 20 in Writing.
- PTE Academic: A minimum overall score of 76 with no individual score below 65.
- Some programs may have specific subject prerequisites or additional requirements.
Students must provide:
- academic marksheets & transcripts
- letters of recommendation
- a personal statement - SOP
- passport
- other supporting documents as required by the university.
It is important to note that meeting the minimum entry requirements does not guarantee admission, as the university considers factors such as availability of places and competition for the program. Additionally, some courses may have higher entry requirements or additional selection criteria, such as interviews or portfolio submissions.
Scholarships for International Students at the University of Nottingham:
International Excellence Scholarship: The University of Nottingham offers the International Excellence Scholarship to high-achieving international students. This scholarship is merit-based and provides a tuition fee reduction of up to £6,000 for undergraduate students.
Developing Solutions Scholarships: The Developing Solutions Scholarships are targeted at students from developing countries. These scholarships cover full tuition fees and provide additional support for living expenses. The aim of these scholarships is to empower students from disadvantaged backgrounds and enable them to make a positive impact in their home countries.
Sports Scholarships: The university recognizes the importance of sports and offers Sports Scholarships to exceptional athletes. These scholarships provide financial support to talented sportsmen and sportswomen, helping them balance their sporting commitments with their academic studies.
Nottingham Global Scholarships: The Nottingham Global Scholarships are awarded to outstanding international students across various academic disciplines. These scholarships provide financial assistance in the form of a tuition fee reduction.
Country-Specific Scholarships: The university also offers scholarships specifically tailored to students from certain countries. These scholarships may be based on academic merit, leadership potential, or specific criteria defined by the sponsoring organizations or governments.
It's important to note that scholarship availability, eligibility criteria, and application deadlines may vary from year to year.
Graduates with a BSc in Financial Mathematics from the University of Nottingham possess a unique blend of mathematical expertise and financial knowledge, opening doors to diverse and lucrative career opportunities in the finance and related sectors.
Quantitative Analyst: Graduates can pursue careers as quantitative analysts, utilizing mathematical models to develop and implement trading strategies, risk management models, and financial derivatives valuation in investment banks, hedge funds, or asset management firms.
Financial Risk Analyst: Opportunities exist as financial risk analysts, assessing and managing financial risks in banking institutions, insurance companies, or consultancy firms, focusing on market risk, credit risk, or operational risk.
Actuary: Graduates may opt for roles as actuaries, utilizing mathematical and statistical techniques to assess financial risks, analyze insurance policies, and estimate future financial outcomes for insurance companies or pension funds.
Investment Banking Analyst: Careers in investment banking involve analyzing financial data, conducting market research, and assisting in mergers, acquisitions, or capital raising for corporations in investment banking or financial advisory firms.
Financial Consultant: Graduates can work as financial consultants, providing advice on investment strategies, financial planning, or risk management to individuals, corporations, or government agencies.
Data Analyst/Quantitative Researcher: Opportunities exist as data analysts or quantitative researchers, analyzing financial data, developing algorithms, and conducting research for financial technology (fintech) companies or research institutions.
Portfolio Manager: Graduates can pursue careers as portfolio managers, managing investment portfolios, making asset allocation decisions, and optimizing investment strategies for asset management firms or pension funds.
Derivatives Trader: Careers in derivatives trading involve buying and selling financial contracts based on mathematical models, working in financial institutions or trading firms.
Financial Software Developer: Graduates with programming skills can work as financial software developers, creating and optimizing software used in financial modeling, algorithmic trading, or risk analysis.
Economist: Opportunities exist as economists, analyzing economic trends, conducting research, and providing forecasts for government agencies, central banks, or research institutions.
