MA Digital Media and Creative Industries
The MA Digital Media and Creative Industries at Loughborough University aims t...
BSc (Hons) Financial Mathematics with Placement Year
Loughborough
INTAKE: October
Program Overview
The BSc (Hons) Financial Mathematics with Placement Year is a comprehensive undergraduate program designed for students seeking a strong foundation in both mathematics and its application within the financial sector. This program equips students with the essential quantitative, analytical, and problem-solving skills required in financial institutions, ensuring they are well-prepared for the demands of modern finance roles. The inclusion of a placement year offers practical, real-world experience, allowing students to apply their academic knowledge in a professional setting, which enhances employability and provides valuable industry insights.
Curriculum: The curriculum of the BSc (Hons) Financial Mathematics with Placement Year combines theoretical and practical learning, focusing on core areas such as financial mathematics, statistics, financial modeling, and risk analysis. Students will gain proficiency in advanced mathematical techniques, programming, and data analysis, all tailored to solving complex problems faced by financial institutions. The program’s rigorous academic structure ensures that graduates are not only proficient in mathematics but are also adept in applying their skills to financial decision-making and analysis.
Research Focus: Loughborough University’s research in the field of financial mathematics is internationally recognized, with a strong focus on areas such as financial modeling, risk management, data analysis, and stochastic processes. The university is at the forefront of developing innovative mathematical models and tools that are highly relevant to the financial sector, with research often being driven by industry needs. This research-oriented approach ensures that students benefit from cutting-edge developments in the field and are exposed to the latest trends and challenges in finance.
Industry Engagement: Loughborough University places a significant emphasis on industry engagement through its extensive network of partners in the finance and banking sectors. The program’s placement year allows students to gain valuable experience working with industry-leading companies, further enhancing their understanding of the real-world applications of financial mathematics. Additionally, the university’s strong links with industry professionals provide students with opportunities for internships, career fairs, and collaborative projects, ensuring that they graduate with a competitive edge in the job market.
Global Perspective: Loughborough University fosters a global perspective, preparing students for international careers in the financial sector. The university’s diverse student body, along with its collaborations with global financial institutions and academic networks, provides students with exposure to international financial markets and practices. Students are encouraged to develop a broad understanding of global economic trends and the interconnectivity of financial systems worldwide, equipping them to succeed in the increasingly globalized finance industry.
Location
Loughborough
Score
IELTS 6.5
Tuition Fee
£ 23000
Undergraduate Entry Requirements
Academic Qualifications: Applicants should have successfully completed their secondary education with a minimum overall score of 75% or equivalent in their respective country's grading system.
English language proficiency:
- IELTS: A minimum overall score of 6.0 or 6.5 with no individual component below 6.0.
- TOEFL: A minimum overall score of 92.
- PTE Academic: A minimum overall score of 67.
- DET Academic: A minimum overall score of 120.
- Some programs may have specific subject prerequisites or additional requirements.
Loughborough University offers a range of scholarships for international students to support their education and make studying in the UK more affordable. These scholarships recognize academic excellence, financial need, and the potential for students to contribute to the university community.
International Excellence Awards: These are merit-based scholarships offered to international students applying for undergraduate and postgraduate programs. These awards typically cover part of the tuition fees and are designed to attract outstanding students from around the globe.
Global Scholarships: Loughborough offers various global scholarships based on geographical location, supporting students from specific regions or countries with reduced tuition fees.
Loughborough University Elite Sports Scholarships: These are available for students who are competing at an elite level in their sport. The scholarship includes financial support, as well as access to the university's world-class sports facilities, coaching, and training programs.
Country-Specific Scholarships: Loughborough University offers country-specific scholarships for students from particular countries. These scholarships are designed to support students who demonstrate high academic potential and a commitment to contributing to their home country upon graduation.
The BSc (Hons) Financial Mathematics with Placement Year program at Loughborough University provides students with a broad range of career opportunities in both the finance sector and other industries that require strong quantitative and analytical skills. Upon completion of the program, graduates are highly sought after by employers due to their strong foundation in mathematical modeling, financial analysis, and data-driven decision-making.
Financial Analyst: Financial analysts evaluate investment opportunities, assess financial data, and develop strategies to improve financial performance for organizations. Graduates of the Financial Mathematics program are well-prepared to analyze financial markets and risk factors, making them valuable assets to investment banks, asset management firms, and corporations.
Risk Manager: Risk managers are responsible for identifying and mitigating potential risks in financial investments, operations, and market strategies. With a deep understanding of financial mathematics and risk modeling, graduates can apply their skills to manage financial risk in a range of industries, including banking, insurance, and corporate finance.
Quantitative Analyst (Quant): Quantitative analysts use advanced mathematical techniques, statistical models, and computational methods to develop financial strategies, pricing models, and risk assessments. Graduates of the program are well-equipped to pursue careers as quants in financial institutions, hedge funds, and trading firms.
Investment Banker: Investment bankers assist companies in raising capital, conducting mergers and acquisitions, and structuring financial transactions. Graduates with expertise in financial mathematics can excel in the fast-paced environment of investment banking by using their quantitative skills to evaluate market trends, conduct financial modeling, and manage financial transactions.
Data Scientist/Analyst: Data scientists and analysts leverage data to provide actionable insights that drive business decisions. The analytical and programming skills developed throughout the program make graduates well-suited for roles in data science, where they can apply their knowledge of statistics, mathematics, and data analysis to solve real-world problems in various sectors such as technology, healthcare, and government.
Actuary: Actuaries assess risk and uncertainty in insurance, pension, and financial industries by using mathematical models to predict future events. Graduates with expertise in financial mathematics are well-positioned to enter the actuarial profession, where they can work with insurance companies, pension funds, and government agencies to manage financial risk.
Corporate Finance Professional: Professionals in corporate finance work with organizations to manage their financial operations, analyze investment opportunities, and develop financial strategies. Loughborough’s Financial Mathematics program equips graduates with the skills needed to make sound financial decisions, which are essential in roles such as financial controllers, CFOs, and financial consultants.
