BEng Hons Aerospace Engineering
The BEng Hons Aerospace Engineering program at the University of Surrey is designe...
BSc (Hons) Financial Mathematics
Guildford
INTAKE: September
Program Overview
The University of Surrey, located in Guildford, United Kingdom, offers a prestigious BSc (Hons) Financial Mathematics program designed to provide students with a comprehensive understanding of mathematical principles and their applications in finance and economics. This undergraduate degree combines advanced mathematical techniques with financial theory, preparing students for analytical roles in the financial services industry, risk management, and quantitative finance.
Curriculum: The BSc (Hons) Financial Mathematics curriculum at the University of Surrey covers a broad range of topics, including calculus, linear algebra, probability theory, statistical methods, and financial modeling. Core modules introduce students to mathematical techniques used in finance, such as option pricing, stochastic calculus, and time series analysis. Elective modules allow students to specialize in areas such as financial derivatives, asset pricing, or risk management. Practical coursework, mathematical modeling projects, and industry-focused case studies provide students with hands-on experience and opportunities to apply mathematical concepts to real-world financial problems.
Research Focus: Research plays a significant role in the BSc (Hons) Financial Mathematics program at the University of Surrey, with faculty members actively engaged in research projects spanning mathematical finance, computational methods, and quantitative analysis. Students have the opportunity to participate in research seminars, undertake independent research projects, and explore cutting-edge developments in financial mathematics. Through research-led teaching and experiential learning, students develop critical thinking skills, analytical abilities, and a deeper understanding of mathematical finance, preparing them for careers in research, risk analysis, or further academic study.
Industry Engagement: The University of Surrey fosters strong connections with industry partners, financial institutions, and professional bodies to provide students with valuable insights and practical experience in the field of financial mathematics. Through guest lectures, industry seminars, and internship opportunities, students interact with professionals from banking, investment management, and risk consulting. Industry-relevant skills development, networking opportunities, and career guidance prepare students for successful transitions into the workforce, equipped with the knowledge and skills sought after by employers in quantitative finance and risk management roles.
Global Perspective: As a globally-oriented institution, the University of Surrey emphasizes a global perspective in the BSc (Hons) Financial Mathematics program, recognizing the international nature of financial markets, economic policies, and risk management practices. Students have the opportunity to explore global financial trends, study international financial regulations, and analyze the impact of globalization on financial stability and economic development. Study abroad programs, international collaborations, and cross-cultural exchanges broaden students' horizons, fostering an appreciation for global diversity and the complexities of finance in a interconnected world.
Location
Guildford
Score
IELTS 6
Tuition Fee
£ 19900
Undergraduate Entry Requirements
Academic Qualifications: Applicants should have successfully completed their secondary education with a minimum overall score of 75 to 85% or equivalent in their respective country's grading system.
English language proficiency:
- IELTS: A minimum overall score of 6.0 with no individual component below 5.5.
- TOEFL: A minimum overall score of 88, with at least 11 in Listening, 12 in Reading, 17 in Speaking, and 23 in Writing.
- PTE Academic: A minimum overall score of 58 with no individual score below 42.
- DET Requirement: A DET score of 100 is required.
- 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.
The University of Surrey offers a range of scholarships and financial aid options to support students in their academic journey. These scholarships are designed to recognize excellence, provide access to education, and support students in achieving their educational goals.
Surrey Merit Scholarships: The Surrey Merit Scholarships are awarded to high-achieving undergraduate students who demonstrate outstanding academic performance. These scholarships provide financial support and recognition for students who have achieved excellent grades in their previous studies. The scholarships are available for both UK and international students.
Surrey Business School Scholarships: The Surrey Business School offers a range of scholarships for undergraduate and postgraduate students studying business-related disciplines. These scholarships aim to attract and reward talented students who demonstrate academic excellence, leadership potential, and commitment to their field of study.
Surrey Sports Scholarships: The Surrey Sports Scholarships are available to students who excel in sports and are both their academic and athletic pursuits. These scholarships provide financial support, access to training facilities, coaching, and other benefits to help athletes balance their studies and sports commitments.
Undergraduate Bursaries: The University of Surrey also offers a range of undergraduate bursaries based on financial need. These bursaries aim to ensure that students from diverse backgrounds have equal access to higher education and can fully participate in university life.
Graduates of the BSc (Hons) Financial Mathematics program from the University of Surrey possess a strong quantitative background and specialized knowledge in mathematical finance, opening doors to a wide range of career opportunities in the financial services industry, risk management, and related fields.
Quantitative Analyst (Quant): Many graduates pursue careers as quantitative analysts, working for investment banks, hedge funds, or financial institutions. They develop mathematical models, conduct quantitative research, and implement trading strategies to analyze and price financial products, such as derivatives, equities, or fixed-income securities.
Risk Analyst/Manager: Some graduates enter the field of risk management, working for banks, insurance companies, or regulatory agencies. They assess financial risks, develop risk models, and implement risk management strategies to mitigate credit, market, and operational risks, ensuring the stability and solvency of financial institutions.
Financial Engineer: Graduates may work as financial engineers, designing and implementing mathematical models and computational algorithms to develop innovative financial products and solutions. They collaborate with product development teams to create structured products, algorithmic trading strategies, or risk management tools tailored to the needs of clients and investors.
Data Scientist/Analyst: With their expertise in quantitative analysis and statistical modeling, graduates may pursue careers as data scientists or analysts, working for fintech companies, data analytics firms, or financial technology startups. They analyze large datasets, develop predictive models, and extract actionable insights to support decision-making processes in finance and investment.
Actuarial Analyst: Some graduates choose to work in actuarial roles, analyzing financial data and statistical trends to assess and manage risks related to insurance and pension plans. They calculate insurance premiums, evaluate financial liabilities, and conduct actuarial modeling to ensure the financial stability and regulatory compliance of insurance companies.
Investment Analyst/Portfolio Manager: Graduates may work as investment analysts or portfolio managers, conducting financial analysis, evaluating investment opportunities, and managing investment portfolios for asset management firms or wealth management companies. They research financial markets, analyze investment risks and returns, and make investment decisions to optimize portfolio performance.
Financial Consultant/Advisor: Some graduates enter the field of financial consulting, providing strategic advice and financial planning services to individuals, corporations, or government agencies. They assess clients' financial needs, develop customized financial plans, and offer recommendations on investment strategies, retirement planning, and wealth management.
Derivatives Trader: With their understanding of financial derivatives and quantitative techniques, graduates may pursue careers as derivatives traders, executing trades, hedging risks, and managing derivatives portfolios for trading desks or proprietary trading firms. They monitor market trends, analyze pricing models, and execute trading strategies to capitalize on arbitrage opportunities and market inefficiencies.
Financial Software Developer: Graduates may work as financial software developers, designing and programming software applications and algorithms for financial modeling, risk analysis, or algorithmic trading. They develop software tools, implement mathematical algorithms, and optimize computational performance to support quantitative analysis and decision-making in finance.
Compliance Officer/Regulatory Analyst: Some graduates choose to work in compliance roles, ensuring regulatory compliance and adherence to industry standards in financial institutions, regulatory agencies, or consulting firms. They monitor regulatory changes, assess compliance risks, and develop compliance programs and policies to ensure ethical and legal standards are upheld within the financial industry.
