For more information about Financial Mathematics at The School of Science and Technology, Nottingham Trent University, please visit the webpage using the button above.

The award
BSc (Hons)

How long you will study
3 years

Domestic course fees
find out

How you will study

Course starts

International course fees
find out

All study options

About Financial Mathematics at The School of Science and Technology, Nottingham Trent University

The financial services industry makes a significant contribution to the UK economy, and effective financial management is vital to the success of any business. That's why skilled financial mathematicians are in such high demand.

This course gives you a broad knowledge of financial mathematics in accountancy practice, the operations of financial markets, and the wider business environment, so that when you graduate you'll have a solid but flexible knowledge base that will put you in a fantastic position to get the job that you want.

You'll study in an informal, supportive environment which we believe is one of the reasons that pass rates on this course are so high. A large proportion of mathematics students graduate with at least an upper-second-class degree. Our courses have consistently scored highly in the National Student Survey.

All of our undergraduate courses are accredited by the Institute of Mathematics and its Applications, which is our guarantee that this course is current and relevant to the needs of business. Our close links with industry mean that, if you wish, you'll have the opportunity to take up job placements with some of the world's leading companies.

What our students say

"If you enjoy maths or have a natural mathematical flair, any course within the Mathematics cluster is ideal. Whether you enjoy sport, science or finance, there's a course to suits all maths lovers."

Jesse Anderson, BSc (Hons) Financial Mathematics

Research scholarships

Every year we offer a small number of Mathematics Undergraduate Research Scholarships (MURS), giving successful applicants funding for a six-to-eight-week placement in one of our research teams. This is a great opportunity for you to further your research interests and contribute to the academic activities of the Mathematics department.

More student opportunities

Our students have recently formed a Mathematics Society, and you'll have the opportunity to take part in regular events hosted on campus by the local branch of the Institute of Mathematics and its Applications.

What you'll study

In Years One and Two you'll explore a wide range of mathematical techniques and applications. Then, in your final year, you'll get to choose a number of specialist modules depending on your own personal preferences and career aspirations.

About the Mathematics Team

Dr James Hind, Lecturer

"I recently won several HESTEM grants to work with the Nottingham Girl's High School on final year maths education projects, and to build employability skills into our maths course. Local, national, and global companies have helped us to make sure that our students leave with the skills, abilities and confidence to excel in the jobs market.

"As a team, our research focus includes biological mathematics, statistics, and computational modelling, but we also encompass financial analysis, cryptography and many other fields."

Dr David Chappell, Lecturer

"I teach the Numerical Methods for Ordinary Differential Equations and Topics in Applied Mathematics modules. I also support final year students with their project work. My own research interests include industrial mathematics, mathematical modelling, and numerical analysis."

Visit our academic team pages to find out more about our approach to teaching, our partners and research interests.

  • Year One

    Introduction to Abstract Algebra

    You will be introduced to the world of rigorous mathematics, as well as the theory to help you learn about the most important algebraic structures, groups and vector spaces.

    Introduction to Numerical Methods

    Learn about important numerical methods for solving mathematical problems and develop computational skills using specialist mathematical software packages.

    Introduction to Economics and Finance

    Acquire knowledge of national and international economic systems and develop the analytical, numerical and IT skills used in the study of business data. Particular attention is given to the financial sector and markets.

    Mathematical Methods

    This module aims to consolidate and extend your previous knowledge of calculus and linear algebra, with emphasis on the underlying intuition of the techniques.

    Data Analysis

    Providing you with an introduction to important statistical ideas and their application in modern software. You will explore data analysis, probability, statistical inference and statistical modelling.

    Accounting and Finance for Managers

    Provides non-accounting managers with the skills and competencies to make effective use of accounting information, especially for control and decision-making purposes.
  • Year Two

    Introduction to Financial Mathematics

    Discover how financial markets operate, with emphasis on mathematical models of stock and bond process and option pricing in the discrete time context. Learn basic financial mathematics concepts such as viability, completeness, the arbitrage principle, self-financing and replication.

    Mathematical Modelling and Quality Control for Business

    Use mathematical techniques to solve business and financial problems and learn about quality assessment methods in business. You will be introduced to quantitative techniques and how to implement them using a computer package.

    Numerical Methods for Ordinary Differential Equations

    You will further develop your computational and professional skills and enhance your knowledge of specialist numerical software packages.

    Differential Equations and Transform Methods

    Extend your knowledge of calculus, differential equations and linear algebra and gain an introduction to difference equations, the eigen problem and transform methods.

    Problem Solving

    Learn how to select and apply appropriate techniques, and use specialist mathematical and statistical software to help solve open ended applied problems. Extend your commercial awareness by tackling industrial problems in a professional manner.

    Probability and Statistical Inference

    Refine your knowledge of statistical inference and statistical modelling and further develop essential computational and IT skills.

  • Year Three

    Optional placement year for sandwich year students. Please see our excellent placement opportunities section.

  • Final year

    Project in Mathematics

    The final year project gives you the opportunity to demonstrate and document your skills, knowledge and understanding of mathematics, and show your planning, organisation and problem solving abilities.

    Financial and Insurance Mathematics

    Extend your knowledge of stock pricing modelling and option pricing in the continuous time context. Develop a mathematical understanding of insurance, including standard mathematical models of risk and credibility, and the Black-Scholes formula.

    Optional modules - choose two modules from:

    Business Analysis

    Develop your understanding of the factors within the design and operation of business systems and processes supplying goods or services. Explore aspects of customer requirements and processes, dashboard design and continuous improvement.

    Linear Systems

    You will continue your previous studies in the fields of linear algebra and differential and difference equations.

    Statistical Modelling

    This module will help you to recognise and understand the principal methods of analysis for medical and financial data, including the analysis of survival data and dealing with large, complex datasets.

    And two modules from:

    Applied Statistics

    Extend your experience of statistical techniques and methodologies, applying them in a diverse range of industrial and commercial contexts.

    Numerical Analysis and Dynamical Systems

    Develop your knowledge of numerical methods with an emphasis on numerical optimisation techniques, advanced methods for the numerical solution of ordinary differential equations and the application of methods to non-linear problems.

    Stochastic Processes

    Extend your understanding of probabilistic modelling to include stochastic processes and learn advanced techniques for investing the behaviour of stochastic processes.

    Professional Mathematics Skills

    Gain a broad view of the practical applications of Mathematics in the real world, especially in industrial contexts such as Finance, Physics and Engineering.

Course specification

View the full course specification
Please note that course specifications may be subject to change

Careers and employability

Your career development

Our recent Mathematics graduates have gone onto work in the following roles and companies:

  • BMI Baby - accounting assistant
  • Santander - MI analyst
  • Nomura - international technology analyst
  • Shell International Trading and Shipping - finance administrator
  • Home Retail Group - procurement analyser
  • NHS - systems accountant
  • Pendragon PLC - accounts assistant

Their salaries range from £16,000 - £30,000 per year.

They have also started careers in:

  • industrial and commercial mathematics
  • statistical applications systems modelling
  • software engineering
  • telecommunications
  • IT applications
  • teaching and research.

Many graduates choose to undertake further study on one of our Masters-level courses or MPhil and PhD research degrees.

What our students say

"The content we studied in my final year was absolutely vital in getting the job I have today. The course is very applicable when applying for positions outside of university. If you're interested in mathematics I really can't recommend this course enough.

"In addition, I love Nottingham - it's a fantastic city and I didn't have any questions at all about staying here when I graduated. When looking for jobs my number one priority was staying in this city."

Duncan Bell, NTU Mathematics graduate - 2010
Credit Scoring and Strategy Analyst

Excellent placement opportunities

After Year Two, you have the opportunity to undertake a one-year work placement in industry, including overseas options. This will give you the chance to gain vital experience and put your knowledge into practice.

Recent Mathematics students have secured placements in the following roles and companies:

  • London Organising Committee (Olympic Games) - events
  • C&D Industrial Services Ltd - junior IT support
  • GE Money - finance (loss mitigation)
  • Admin Re - technical analyst
  • Xerox - finance
  • Dept of Health - project support
  • Hewlett Packard - consumer analyst

You'll be actively encouraged and supported by our dedicated placement team, who'll help you find and apply for positions that are right for you. They'll also provide support while you're in your place of work, whether that's at home or abroad.

You'll be assessed throughout the year and at the end of your placement you'll write a reflective report and diary. On completion of a successful placement, you'll be eligible to receive an additional award - the Placement Diploma in Professional Practice.

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 years
    Course startsSeptemberDomestic course fees find outInternational course fees find out
  • The awardBSc (Hons)How you will studySandwichHow long you will study4 years
    Course startsSeptemberDomestic course fees find outInternational course fees find out

Notes about fees for this course

UK Fees

Once our 2018/19 fees have been set, they will be available on our fees and funding pages.

Getting in touch

For more advice and guidance, you can contact our Student Financial Support Service.

Tel: +44 (0)115 848 2494

While we aim to keep any extra study costs to a minimum, please see our page on additional costs and optional extras to find out about any additional expenses you may incur on your course.

International Fees

We offer prestigious scholarships to new international students holding offers to study at the University.

  • For more information on these and other opportunities for funding please visit our international scholarships page.
  • For information on how to pay your fees to the University please visit our international fee payment page.

While we aim to keep any extra study costs to a minimum, please see our page on additional costs and optional extras to find out about any additional expenses you may incur on your course.

Entry requirements

What are we looking for?

  • 104 UCAS tariff points from up to four qualifications (two of which must be A-level equivalent including Mathematics grade B); or
  • BTEC Extended Diploma - DMM including relevant mathematics modules; or
  • GCSEs - English and Maths grade C / 4

Applicants without A-levels will have their qualifications assessed for subject compatibility. We also consider equivalent qualifications and combinations. Please see UCAS Course Search for more details.

International qualifications

We accept qualifications from schools, colleges and universities all over the world for entry onto our UG and PG degrees. If you're not sure how your international qualification matches our course requirements please visit our international qualifications page.

Foundation courses

If you are an international student who does not meet the direct entry requirements for this course, you can prepare for it at Nottingham Trent International College. Their Foundation Certificate in Science and Engineering (life sciences) offers students a guaranteed progression route to this degree on successful completion to the required level.

English language entry requirements

If English is not your first language you need to show us that your language skills are strong enough for intensive academic study.   We usually ask for an IELTS test and we accept some alternative English language tests.

  • For a list of our language requirements please visit our English language page.
  • If you need to do a pre-sessional English language course to meet the English requirements please visit our pre-sessional English course page.

Help and support

If you have any questions about your qualifications or about making an application to the University please contact our International Team for advice.

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