We use cookies to ensure the best user experience and to serve tailored advertising. To learn more about our cookies and how to manage them, please visit our cookie policy

I AGREE
Close icon

Personalise what you see on this page.

Choose from the options below. We'll show you information based on your current location as default.

I'M FROM

  • United States
Please select so we can show the most relevant content.

LIVING IN

  • United States
Please select so we can show the most relevant content.

LOOKING FOR

  • Clearing courses
Please select so we can show the most relevant content.

YOUR UCAS POINTS 0

Viewing as a student from United States living in United States interested in Clearing courses

Not looking for Clearing courses?

Change here for courses offered by this University

IN CLEARING

Financial Mathematics BSc (Hons)

Heriot-Watt University

UCAS CODE: GGC3

Course options

  • Qualification

    Bachelor of Science (with Honours) - BSc (Hons)

  • Location

    Edinburgh Campus

  • Study mode

    Full time

  • Start date

    14-SEP-20

  • Duration

    4 Years

Course summary

How will Covid-19 affect this course?

This course will start online and may then continue on campus depending on the latest coronavirus policies.

Overview

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.

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

Investment banking is the main destination of financial mathematicians, however the skills developed on the programme are desirable to all businesses, and there are many research opportunities. Due to the high mathematical ability required in this industry, there is always a limited number of well-trained financial mathematicians available, meaning that graduates are much in demand.

Accreditation

Accredited by the Royal Statistical Society.

Tuition fees

Students living in United States
(international fees)

£ 15,080per year

Tuition fees shown are for indicative purposes and may vary. Please check with the institution for most up to date details.

Entry requirements

Guide UCAS points

136 UCAS points

This score is for guidance only - you should contact the university to find out their accepted grades for this course.

Chance of acceptance

You haven't added your grades.

This will show you how likely you are to be accepted for this course

ENTER GRADES

University information

Heriot-Watt University

  • University League Table

    29th

  • Campus address

    Heriot-Watt University, Riccarton, Edinburgh, Edinburgh, City Of, EH14 4AS, Scotland

Subject rankings

  • Subject ranking

    15th out of 103 8

    11th out of 72 1

  • Entry standards

    / Max 220
    169 77%

    10th

    4
  • Graduate prospects

    / Max 100
    82 82%

    27th

  • Student satisfaction

    / Max 5
    4.12 82%

    45th

    30
  • Entry standards

    / Max 236
    180 75%

    12th

    3
  • Graduate prospects

    / Max 100
    83 83%

    21st

    1
  • Student satisfaction

    / Max 5
    4.13 83%

    27th

    5

Is this page useful?

Yes No

Sorry about that...

HOW CAN WE IMPROVE IT?

SUBMIT

Thanks for your feedback!