Mathematics and Finance (BSc (Hons))

For more information about Mathematics and Finance at City, University of London, please visit the webpage using the button above.

The award
BSc (Hons)

How long you will study
3 - 4 years

Domestic course fees
GBP 9250 per year

How you will study

Course starts

International course fees
GBP 14000 per year

All study options

About Mathematics and Finance at City, University of London

Explore the real-world applications of mathematics and topics related to the actuarial science profession - preparing you for a wide range of career and study options.

Who is it for?

This course is for students who want a solid grounding in the mathematics discipline, while exploring topics related to finance and actuarial science to open up a huge choice of future career and study options. With an emphasis on applied mathematics, you will be trained in advanced mathematical techniques, economic theory and key financial topics.

As a result, this course will particularly suit those wanting to develop the ability to cast and solve real-world problems in a mathematical framework. The degree is also focused on helping you achieve your future ambitions by helping you to develop the highly valued problem-solving and communication skills needed by today's employers.


Want to acquire a core set of skills in mathematical science alongside the essentials for actuarial science? This course is a hybrid of mathematics and actuarial science, designed to help you develop a knowledge of mathematical methods and how to apply them to real-world problems. You will also gain knowledge of economic theory, both micro and macro, a wide range of finance topics, and the related statistical processes.

Modules are taught by specialists from City - from the Department of Mathematics, Cass Business School and the Department of Economics. As a result, the degree will provide you with a good starting point for a range of careers in the finance sector, especially in risk assessment, insurance and statistical finance. In addition, the degree will prepare you for a career in virtually every sector, where mathematical skills are highly sought after, including the public and industrial sectors, retail, education and research.

To further help you prepare for your future career, with our support, you will have the opportunity to find a paid one-year placement after your second year. Placements are paid up to £25,000 pro rata per year, with some organisations exceeding this.

Our BSc (Hons) Mathematics and Finance graduates are required for a range of different roles, with many securing careers in the financial sector. Some of our recent alumni have gone on to graduate roles at Aavrus, Barclays Bank, Geoben, HSBC, Inditex, KPMG, Mercedes Benz Financial Services, Regents Group, Standard Chartered Private Bank and Zope.


Good performance in certain modules can lead to exemption recommendations from professional examinations of the Intitute and Faculty of Actuaries.

Requirements and how to apply

Entry requirements

Typical requirements:

  • 'A' Level: AAB, including grade A in Mathematics or Further Mathematics
  • Tariff: 136 UCAS tariff points, including grade A in 'A' Level Mathematics or Further Mathematics
  • BTEC: DD with an 'A' Level grade A in Mathematics
  • IB: 34 points total, including Higher Level Mathematics at grade 6.

In addition, the following is required:

  • GCSE: A minimum of grade 4 (C) in English.

Other suitable qualifications

  • Extended Project Qualification (EPQ): We welcome applications that include the EPQ. Where relevant, this may be included in our offer, resulting in an 'A' Level offer reduced by one grade.
  • Mixed qualifications: Please email us to check your combination and to find out what requirements we would have for your specific combination of qualifications.

If you do not qualify for direct entry, you may wish to take a foundation programme first. These programmes are designed to prepare students for entry to City's undergraduate courses.

INTO City, University of London

Don't meet the entry requirements? INTO City, University of London offers a range of academic and English language programmes to help prepare you for study at City, University of London. You'll learn from experienced teachers in a dedicated international study centre.

These programmes are designed for international students who do not meet the required academic and English language requirements for direct entry. To prepare for this degree course, learn more about the International Foundation in Engineering and Mathematics.

Kaplan International College (KIC) London

City works in partnership with KIC London to provide a range of preparatory courses for international students. KIC London courses offer comprehensive support to students - including regular one-to-one tuition. Students who successfully complete the KIC London Foundation course at the required level have a guaranteed progression route to City, University of London degree courses.

English requirements

  • GCSE: A minimum of grade 4 (C) in English.
  • IELTS: 6.0 overall with a minimum of 6.0 in each component.
  • PTE Academic: 58 overall with a minimum of 50 in each component.

English language programmes

Don't meet the English language requirements? INTO City, University of London offers English language programmes to help prepare you for study at university. These intensive and flexible courses are designed to improve your English ability for entry to degree courses.

Visa requirements

If you are not from the European Economic Area / Switzerland and you are coming to study in the UK, you may need to apply for a visa or entry clearance to come to the UK to study.

The way that you apply may vary depending on the length of your course. There are different rules for:

  • Students on courses of more than six months
  • Students on courses of less than six months
  • Students on a pre-sessional English language course.

If you require a Tier 4 student visa to study in the UK, you cannot undertake any City courses on a part-time basis.

For more information see our main Visa page.

How to apply

Applications for degree courses must be made through the Universities and Colleges Admissions Service (UCAS). You can apply through your school or college using the Apply system, which enables you to submit your application directly to the UCAS website.

You can apply to up to five universities or institutions on the form. The UCAS code for City University London is C60.

Please take care to enter the correct course code when applying, particularly for subjects with a Foundation year or with BEng (Hons) and MEng (Hons) or BSc (Hons) and MSci (Hons) options.

UCAS has implemented an 'invisibility of choices' policy so that, on the initial application and while you are receiving decisions, each institution can see only their entry and not those of other institutions you have chosen. This ensures that your application for a course at City is considered solely on your academic and personal qualities.

You should submit your completed application form to UCAS with a £23 application fee. If you want to apply to City, University of London only, you can make a single choice application at a reduced rate of £12.

When to apply

Your application for entry in September 2018 should arrive at UCAS between September 2017 and 15th January 2018. Applications that arrive after 15th January 2018 will be considered only at City's discretion.

When your application is acknowledged by UCAS, you will be sent a personal identification number so that you can access your records via Track on the UCAS website.


For general enquiries about the admissions process at City, please contact our Admissions Office:

Telephone: +44 (0)20 7040 8716.

If your enquiry is about admission to a particular course, please use the contact details provided on the course page.

Contacting UCAS

Address: Universities and Colleges Admissions Service (UCAS), Rosehill, New Barn Lane, Cheltenham, Gloucestershire, GL52 3LZ
Telephone: from inside the UK 0871 468 0468; from outside the UK +44 (0)871 468 0468
For callers with hearing difficulties: from inside the UK use the Text Relay service on 18001 0871 468 0468; from outside the UK dial +44 151 494 1260 (text phone) and then ask the operator to dial 0871 468 0468.

Teaching and learning

The Mathematics and Finance BSc (Hons) at City is a multi-disciplined degree, in a supportive, energised department with experienced academic staff from the Department of Mathematics, the Department of Economics and City's Cass Business School.

Our teaching and learning methods are geared towards developing your knowledge and enthusiasm for mathematics and actuarial science. You will be supported and encouraged to develop your academic self-confidence and gradually take responsibility for your own learning.

Small weekly group tutorials in the first year help to ease your transition from secondary education to degree study. Your tutorials will provide intensive individual assistance for core module topics. In the final year, you will carry out a group research project, which you will be able to choose from a wide range of topics, according to your interests.

Private study

For around 30 hours per week, you will spend time on background reading, revising notes, working on tutorial problems, coursework and individual or group work on projects, including the major project in your final year.

Your personal tutor

Your personal tutor will provide small group tutorials throughout the first year, and will be available to help you throughout your time at City. Your tutor will also provide support for mathematics and other matters, and serve as a link with other resources within City and elsewhere.

Modern facilities

City offers you modern facilities, with all lectures and tutorials taught in a stimulating learning environment, supported through PC-based laboratory sessions.

Assessment methods

You will be assessed using a variety of methods, depending on module choices:

  • Practice Assessment Document (PAD): used to demonstrate achievement of practice competencies and also to record the number of hours of practice experience
  • Written assignments, including essays: these may take the form of care studies in which you will be expected to relate your essay to a particular service user or as support another assessment such as a poster presentation
  • Written examinations: including short answer questions, multiple choice questions, calculations, scenario based
  • Objective Structured Clinical Examination (OSCEs): practical skills assessments which enable you to demonstrate particular clinical, communication or teaching skills
  • Dissertation: this final project will enable you to choose a relevant topic of interest to you and demonstrate an in depth knowledge of this.

Percentage of the course assessed by coursework

The balance of assessment by examination, practical examination and assessment by coursework will to some extent depend on the optional modules you choose. The approximate percentage of the course assessment, based on 2016/17 entry is as follows:

Year 1

80% written, 0% practical, 20% coursework

Year 2

80% written, 0% practical, 20% coursework

Year 3

70% written, 0% practical, 30% coursework.

Feedback on assessment

Normally, feedback is provided within three weeks of the submission deadline or assessment date. This often includes a provisional grade or mark. For end-of-module examinations or an equivalent significant task (such as an end-of-module project), feedback will usually be provided within four weeks.

The timescale for feedback on final-year projects or dissertations may be longer.

Feedback will be provided in line with our Assessment and Feedback Policy.

Assessment weightings by year

Type%Year 110Year 230Year 360Year 3

  • Year 1: 10%
  • Year 2: 30%
  • Year 3: 60%


The first year of your degree focuses on core material, including basic programming in a relevant language specially selected for those wanting to pursue a financial career, and statistics to give you a solid foundation in modern mathematics. You will also cover the basics of economics and financial mathematics. On completing the first year, you will be able to discuss the underlying concepts and principles of mathematics, programming and statistics, and apply these to specific problems.

In the second year, you can pursue your interests further by choosing from a wide range of options. You will master more advanced mathematical techniques and will be able to apply these to real-life problem-solving.

In the third year, there are several optional modules. There are a wide variety of mathematics and finance options available for you to pursue your interests further. On completing the final year, you will further develop a systematic and detailed knowledge and understanding of advanced mathematics and finance. You will have access to modules which draw on current mathematics research and will be exposed to new areas of mathematics with applications to finance, biology and physics.

Year 1

You will concentrate on developing basic mathematical skills and gaining knowledge in important financial and economic topics. Year one lays the foundation for any specialisation chosen in year two and three. Students will need to complete 125 credits at programme Stage 1.

You will take the following core modules:

  • Algebra (15 credits)
  • Functions, vectors and calculus (30 credits)
  • Introduction to probability and statistics (15 credits)
  • Programming and computational mathematics (15 credits)
  • Introduction to microeconomics (15 credits)
  • Introduction to macroeconomics (15 credits)
  • Financial and investment mathematics A (15 credits)
  • Skills, Careers and Employability Analysis for Mathematics students (5 credits)

You will take the following elective module:

  • Microplacements (0 credits)

Year 2

Part two consists of modules that make up 120 credits. There are six compulsory modules and you can choose one elective module.

Compulsory core modules:

  • Linear Algebra (15 credits)
  • Real and Complex Analysis (30 credits)
  • Vector Calculus (15 credits)
  • Finance and Financial Reporting A (15 credits)
  • Finance and Financial Reporting B (15 credits)
  • Financial and Investment Mathematics B (15 credits)

Example elective modules

You can also choose one elective module. Every year we offer a variety of elective modules, giving you the opportunity to tailor the course to your preferences. Please note that availability and delivery modes may vary. Example modules include:

  • Sequences and Series (15 credits)
  • Applied Mathematics (15 credits)
  • Numerical Mathematics (15 credits)
  • Applications of Probability and Statistics (15 credits)

Year 3

You will take three core modules and specialise according to your own mathematical and economic interests. You will choose four elective modules from a diverse pool of options, which allow you to gain advanced knowledge in a number of areas.

Additionally, you will take part in a group project and undertake your own mathematical research, closely supervised by an academic member of the department.

The core modules are:

  • Advanced Complex Analysis (15 credits)
  • Differential Equations (30 credits)
  • Group Project (15 credits).

For the elective modules, you can choose 60 credits from a range of modules, focused on your area of interest. All 15 credits unless otherwise specified.

  • Game Theory
  • Stochastic Models
  • Operational Research
  • General Insurance
  • Corporate Finance
  • Introduction to Financial Derivatives
  • Corporate Risk Management
  • Probability and Statistics 2 (30 credits)
  • Discrete Mathematics
  • Dynamical Systems
  • Introduction to the Mathematics of Fluids
  • Introduction to Mathematical Physics
  • Mathematical Processes for Finance
  • Groups and Symmetry
  • Mathematical Biology

Download the relevant programme specification

Overall workload

Most contact hours will take the form of lectures, interactive sessions, practical workshops and small group classes, supported by a personal tutorial system. The number will decrease as you progress and you become more able to direct your own learning. Approximate study time based on 2016/17 entry is as follows:

Year 1

25% scheduled learning, 75% independent learning, 0% placement

Year 2

20% scheduled learning, 80% independent learning, 0% placement

Year 3

19% scheduled learning, 81% independent learning, 0% placement.

Related courses

BSc (Hons) Mathematics Explore a fascinating range of mathematical topics with this versatile degree, focused… BSc (Hons) Mathematics with Finance and Economics A dynamic degree, providing you with a strong foundation in mathematics, while…

Study options for this course

  • The award How you will study How long you will study Course starts Domestic course fees International course fees
  • The awardBSc (Hons)How you will studyFull-timeHow long you will study3 - 4 years
    Course startsSeptemberDomestic course feesGBP 9250 per yearInternational course feesGBP 14000 per year
  • The awardBSc (Hons)How you will studyFull-timeHow long you will study3 - 4 years
    Course startsSeptemberDomestic course feesGBP 9250 per yearInternational course feesGBP 14000 per year

Notes about fees for this course

More about fees

* The tuition fee for UK and EU students is determined by the UK Government and was £9,250 for the first year of study at City in 2017/18. The tuition fee for students commencing their studies in 2018/19 has not yet been confirmed: we will update these pages as soon as we receive confirmation. Fees in each subsequent year of study may be subject to an annual increase limited to the Student Fees Inflation Index as determined by the UK Government's Office for Budget Responsibility. However, this is subject to confirmation. The index is derived from the All Items Retail Prices Index. If fees do increase in each subsequent year of study, we will confirm any change to the annual tuition fee to you in writing prior to you commencing each subsequent year of study.

** The tuition fee for Non-UK/non-EU students was £14,000 for the first year of study in 2017/18. The tuition fee for students commencing their studies in 2018/19 has not yet been set by the University: we will update these pages as soon as the fee is confirmed. Fees in each subsequent year of study may be subject to annual increase, as detailed above for UK and EU students, but this is also subject to confirmation.


Get the latest information on funding options, financial support and typical living costs.

There are many sources of funding available for the Mathematics and Finance BSc (Hons) at City and our award-winning Student Centre provides you with extensive financial advice and support.

Future Finance Loans

Future Finance offers students loans of between £2,500 and £40,000 to help cover tuition fees and living expenses. All students and courses are considered. All loans are subject to credit checks and approval for further details please visit the City Finance website.

Student view

A day in the life of a Mathematics and Finance student

Watch this short video to see a day in the life of a City BSc (Hons) Mathematics and Finance student, Charlie.


At City, we offer you an exciting option to seek professional, paid work experience. After successfully completing your second year of studies, you can opt for a one-year placement of nine to fifteen months, before returning to City to complete your final year. Students that complete a placement year often achieve higher grades, secure a graduate-level job and earn a higher salary.

If you complete a placement, you will graduate with a BSc (Hons) Mathematics and Finance with Placement degree.

The School of Mathematics, Computer Science and Engineering has its very own dedicated placements team - the Professional Liaison Unit (PLU). The PLU will support you in your search for a placement, offering extensive experience in securing placements across a range of industries. The team has longstanding relationships with an impressive, diverse range of companies - from large to small organisations, including Tech City start-ups.

Your PLU advisor also collaborates with our Careers Service to support you if you wish to take a summer internship during any of your years at City. They will also deliver a series of professional development workshops to prepare you for searching for and applying for a work placement.

As part of a placement, you will have the opportunity to contribute to high-end projects. Our students have previously secured placements and internships at organisations such as Axa, Barclays, Bloomberg, Disney, EY, GE Capital, IBM, J.P. Morgan and Microsoft.

You also have the option to take a summer internship on completion of each academic year.

Our London location

At the heart of cosmopolitan London, City is perfectly situated in the vibrant area of Clerkenwell. Close to many innovative and well-known businesses with strong ties to our students and alumni, City is the ideal place to be a Mathematics student and take your first steps towards an exciting future.

Learn a language for free

We offer a free language course for City, University of London students.

Find out how to apply

Entry requirements

Contact City, University of London to find course entry requirements.

Location of City, University of London

City, University of London main campus is shown on the map below:

Explore City, University of London

Click the following videos and images to expand or play