About Bsc (hons) Financial Mathematics in Heriot Watt University, Edinburgh

If you are looking for a career in the world of finance and love mathematical challenges, 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. It is well known that careers in financial mathematics offer some of the best salaries of all professions and graduates working in this area thrive on being offered many interesting challenges on a day-to-day basis.

Our Financial Mathematics programme develops the skills and knowledge required by the modern investment and asset management industry, where structured finance and relative value trading strateges dominate. The emphasis is on developing a range of practical skills relevant to the increasingly mathematical and ever-changing world of contemporary finance.

Financial Mathematics isn't just for aspiring bankers. The UK Government is the single biggest user of structured finance, through the Private Finance Initiative. Graduates are also attractive to the treasury function of international corporations and to the trading arm of commodities companies.

Students on the Financial Mathematics degree follow the same programme as Actuarial Science students for the first two years. The programmes diverge in third year and in the fourth year Financial Mathematics students will be able to study courses alongside Master's students on the Quantitative Finance and Mathematics programme. The aim is for Financial Mathematics graduates to achieve a skill set comparable to those graduating with a Master's degree.

Employability

Work and study

This is what our BSc (Hons) Financial Mathematics students are doing six months after graduating:

• 65% are working
• 20% are studying
• 5% are working and studying.

Managerial/professional position

• 85% of those working are in a professional/managerial position six months after graduating.

Salary

• The average salary of students six months after graduating: £25000
• The average UK salary of students six months after graduating from a similar course: £23000

Jobs

These are the most common jobs students go into six months after graduating:

• Business, research and administrative professionals
• Business and public service associate professionals

Academic qualification equivalents

• Students who have successfully completed Standard XII examinations will be considered for entry onto our undergraduate degrees across the full disciplinary spectrum.

English language requirements (one of the below):

• IELTS :6.0
• TOEFL IBT: 80
• PTE: 50-57

Heriot-Watt University Highlights

Heriot-Watt University Average Tuition Fees And Other Expenses

International students applying through UCAS can find their exact tuition expenses by submitting the Fee Status Enquiry form. The cost of living will be determined by the course opted as well as the applicant's nationality. Edinburgh has a comparatively lower cost than other UK cities. Estimate cost of living on and off-campus for UK Campuses is tabulated below: 

Living in a rented flat may vary according to the type of accommodation and facilities being availed. The estimated monthly cost including food and travel is £923.