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Financial Mathematics MSci Hons

What will you study?

Lancaster’s degree in Financial Mathematics draws on world-leading research and expertise from the Department of Mathematics and Statistics – ranked tenth in the UK by The Guardian University Guide, 2014 - and the Accounting and Finance Department, which is part of the triple-accredited Lancaster University Management School (LUMS).

This combined degree gives you the opportunity to understand the core elements of Finance as well as the Mathematics that underpin the operation of financial markets. Your core Finance courses will give you a thorough grounding in corporate finance, computing, quantitative methods and economics and will be complemented by your Mathematics studies.

You’ll start your degree with modules including an Introduction to Accounting and Finance; Discrete Mathematics and Numbers and Relations. Your second-year subjects cover Advanced Principles of Finance; Introduction to Economics for Managers, and Real Analysis. In your third and fourth years, you’ll be able to follow modules such as Corporate Finance; International Financial Management, and Financial Statement Analysis.

On completion of the course you will have Masters level proficiency in mathematical analysis, probability, statistical inference, financial stochastic processes and optimisation.

Where could it take you?

Offering unique training in Mathematics and Finance, your degree opens up excellent employment opportunities in the finance sector. It also prepares you for a wide variety of careers in business.

Many of our graduates enter training contracts with professional accounting firms while others take up posts in industry or financial institutions. Our alumni have followed a wide variety of career paths, including banking, general and financial management and consulting.

Lancaster University is dedicated to ensuring you not only gain a highly reputable degree, you also graduate with the relevant life and work based skills. We are unique in that every student is eligible to participate in The Lancaster Award which offers you the opportunity to complete key activities such as work experience, employability/career development, campus community and social development. Visit our Employability section for full details.

Typical entry requirements

For courses starting in 2015:

A-level: AAA (Mathematics) or AAB (Mathematics and Further Mathematics). We normally expect three A-levels.

General Studies: Accepted as one of 3 A-levels

Preference: At least 2 A-levels

Key Skills: Not included in offer

Irish Leaving Cert: Offers will be made on the basis of 5 or 6 Higher level subjects. Please contact the Undergraduate Admissions Office (01524 592028) for further information

International Baccalaureate: 36 pts overall with 16 pts from best three HL courses with 6 in higher level Mathematics

Scottish Advanced Highers: AAA or AAB

Mature students: Applications welcome, and given individual consideration. Please contact the Undergraduate Admissions Office (01524 592028) for further information

IELTS: 6.0

Financial Support

Lancaster University has committed£3.7m in scholarships and bursariesto help with your fees and living costs. Our financial support depends on your circumstances and how well you do in your A-levels (or equivalent academic qualifications) before starting study with us.

Lancaster University's priority is to support every student to make the most of their life and education. For students starting their study with us in 2015, over 600 each year will be entitled to bursaries and/or scholarships to help them with the cost of fees and/or living expenses. For UK students entering in 2015 we will have the following financial support available:

AnAcademic Scholarship of £2,000for the first year of study to any student from the UK entering with A*, A*, A or equivalent academic qualificationsAnAccess Scholarship of £1,000per year for all UK students from households with an income of less than £42,600 who achieve grades of A*, A, A or the equivalent academic qualificationsALancaster Bursary of £1,000per annum for all students from England with a household income of more than £25,000 but less than £42,600

*All of the financial awards above are subject to approval by the Office for Fair Access July 2014.

For full details of the University's financial support packages including eligibility criteria, please visit our fees and funding page

View details of our current Undergraduate fees.

Students also need to consider further costs which may include books, stationery, printing, photocopying, binding and general subsistence on trips and visits. Following graduation it may be necessary to take out subscriptions to professional bodies and to buy business attire for job interviews.