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.
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 Mathematics with Finance 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.
Department Key Facts
Number of first year students
208 Year One undergraduates in 2017
90% are employed or in further study within six months of graduating. 95% of Mathematics MMath graduates are in a professional/managerial job within six months of graduating (DLHE 2015/16)
Why this subject?
Take the first steps towards a brilliant career
Employers tell us that, alongside key problem solving skills, they want strong communication skills and the ability to work in a team – so we have ensured that these are integral to our Mathematics programmes. As a result, we have an excellent graduate employment record. About a third of graduates become business and finance professionals; but there is a whole host of other careers which our graduates have found success in – management training, information technology, further education or training (including teacher training), scientific research and development, and many more.
Shape your own degree from our wide range of study options
Our modules range from financial mathematics to fluid mechanics, from chaos to combinatorics. In the final year, many of our degree programmes offer the opportunity to undertake an in-depth project on a topic of your choice, supervised by a leading expert in the field.
Fulfil your potential in a supported environment
Our students benefit from the peer-assisted study scheme – where Year Two and upwards students assist first years with maths problems – as well as small first-year tutorial groups, a department common room and a lively maths society help to foster a friendly and supportive environment. We are also proud of our record on teaching quality, with five members of the Department having received the prestigious Sir Alastair Pilkington Award for Teaching, the University’s top accolade for teaching quality.
Put maths into practice through our innovative outreach programme
We encourage all our students to get involved in our extensive outreach programme with schools in the Merseyside area and beyond. This is a particularly valuable experience for those interested in a career in teaching, but for all students it is a brilliant opportunity to build transferable skills. Activities include joining a visit to a local school to help out with an interactive learning session, or giving a presentation at the University’s Maths Club. Further details can be found at www.mathsoutreach.com.