If you are looking for a career that offers the best pay of all the professions (and without the need to take postgraduate qualifications) and have an interest in science or engineering, then Financial Mathematics is the degree for you.Just as civil engineering deals with the design, construction and maintenance of buildings and roads, financial mathematics is concerned with the design, construction and maintenance of financial products.An explosion in the market of financial mathematicians occurred after the 1987 crash. Following the recent turmoil in the financial markets, investment banks are already planning to recruit more properly skilled mathematicians.
Teaching excellence and student satisfaction
93% of our 2017 graduates reported in the National Student Survey that they were satisfied overall with their course.
What Financial Mathematicians do
- They manage financial risk and design new financial products
- They are experts in deciding which assets to choose to fit the investment needs of their clients
- They do this by analysing the past and modelling the future
- They apply financial mathematics, probability, statistics, economics, and finance to solve problems in banking and investment
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A feel for the work of financial mathematicians can be gained from the following websites:
- London Stock Exchange
- Chicago Board Options Exchange
Work and study
This is what our BSc (Hons) Financial Mathematics students are doing six months after graduating:
- 62% are working
- 20% are studying
- 8% are working and studying.
- 80% of those working are in a professional/managerial position six months after graduating.
- The average salary of students six months after graduating: £26000
- The average UK salary of students six months after graduating from a similar course: £23000
These are the most common jobs students go into six months after graduating:
- Business, research and administrative professionals
- Business and public service associate professionals
- Information technology and telecommunications professionals .
- Sales occupations
- Elementary occupations
- Skilled trades occupations
- Teaching and educational professionals
- Science, engineering and technology associate professionals