This is one of our most popular degree programmes with great employment potential. The programme is designed primarily for those who wish to work in finance, insurance or banking after graduation. We have accreditation from the Institute and Faculty of Actuaries. Currently our students can receive exemptions for CT1, CT2, CT3 and CT4 of the professional actuarial exams conducted by the Institute and Faculty of Actuaries, the professional body for actuaries in the UK.
Programme in detail
In the first two years of this programme, you will study a range of topics covering important areas of mathematics. The main focus will be on basic financial mathematics, statistics and probability, no assumptions are made about whether or not you have previously studied these, or have previous experience in the use of computers. In the last year, you will cover some specialised work in financial mathematics. Subsequently, you will begin to study more advanced ideas in probability theory and statistics as well as stochastic modelling, econometrics and finance.
This programme is designed to prepare you for a career in the banking sector, pension or investment funds, hedge funds, consultancy and auditing firms or government regulators. The course prepares students to be professionals who use mathematical models to analyse and solve financial problems under uncertainty. The programme will provide a useful perspective on how capital markets function in a modern economy.
Career prospects
A mathematically-based degree opens up a wide range of career opportunities, including some of the most lucrative professions.
Typical types of work our graduates have gone onto include as an actuarial trainee analyst in the audit practice, a graduate management trainee risk analyst and as a trainee chartered accountant on a graduate business programme. Employers value mathematicians’ high level of numeracy and problem solving skills.
Financial rewards are impressive, research by Pricewaterhouse Coopers revealed that mathematical science graduates earn on average an extra £241,749 over their lifetime than those who leave school after A levels. This is the third highest ‘graduate premium’ of all subject areas.
Recent employers
Academic qualification equivalents
Successful completion of examinations at standard X and XII (Higher Secondary School Certificate) with minimum marks of approximately 70 to 85%, according to the course and exam board.
English language requirements (one of the below):
University Type | Public |
Campus Setting | Urban |
Establishment Year | 1881 |
Programs Offered | 400+ UG & PG |
International Students | 7700+ |
Mode of Programs | Full Time; Online |
Academic Calendar | Semester based |
Undergraduate Tuition Fee | 17,400 – 34,550 GBP |
Postgraduate Tuition Fee | 17,050 – 27,450 GBP |
Financial Aid | Scholarships Available |
The estimated fee and cost of living per year for international students is tabulated below:
Expenses | Undergraduate (GBP) | Postgraduate (GBP) |
---|---|---|
Tuition | 17,400 – 34,550 | 17,050 – 27,450 |
Accommodation | 4,500 – 7,200 | 4,500 – 7,200 |
Travel (bus/trains/taxis) | 0 – 720 | 0 – 720 |
Food | 450 – 3,600 | 450 – 3,600 |
Mobile phone | 45 – 270 | 45 – 270 |
Leisure/entertainment | 270 – 1,800 | 270 – 1,800 |
Study costs (books, photocopying) | 90 - 180 | 90 – 180 |
Laundry | 0 - 180 | 0 – 180 |
Household bills | 0 - 720 | 0 – 720 |
Gym membership | 135 - 270 | 135 – 270 |
Total | 22,890 – 49,490 | 22,540 – 42,390 |
Tuition Fees in UK (1st Year Average) | MS: £17276 | MBA: £17276 | BE/Btech: £16632 | BBA: £15130 | BSc: £16632 | MFin: £19000 | MA: £15560 | MIM: £18241 | MEM: £16950 | MArch: £14271 | BHM: £12662 | MIS: £15344 | MEng: £12876 | MBBS: £28865| MPharm: £15452 |
Average Accomodation & Food Costs in UK | £850 to £1,050 a month |
Entrance Exams in UK | TOEFL: 88 | IELTS: 6.5 | PTE: 59 | GMAT: 590 |
Work and Study in UK | Permitted for 20 hours/week with a valid study permit. |
Post Study Work Permit in UK | 2 Year after graduation depending on the course. |
Cost of Student Visa in UK | £348 |
Student Visa in UK | Your nationality, duration of your stay and purpose of your stay are the three essential factors for UK visa. For Non-EU students UK visa is mandatory. |
Intakes in UK | There are mainly two intakes in UK: January/February & September/October. |
Top Job Sectors in UK | IT Engineering, Product Design, Mobile Development, Designers, Logistics, etc. |
Economy in UK | Growth Rate: 1.3% (2018) 1.4% (2019) 1.4% (2020e), 6th Largest Economy in the World by Nominal |
Tuition & fees :
£ 20,500
Total
£ 20,500