Financial Mathematics BSc Placement offered
-
I loved my time at Brunel. It was great and I simply ejoyed like anything. Simply great and excellent.
← | →
Postgraduate
In Uxbridge
Description
-
Type
Postgraduate
-
Location
Uxbridge
-
Start date
Different dates available
Mathematics is a fundamental subject that is constantly developing. Yes – it is a discipline in its own right. But it is also the thinking behind countless commercial, industrial and technological activities.
Facilities
Location
Start date
Start date
About this course
IELTS: 6 (min 5.5 in all areas)
Pearson: 51 (51 in all subscores)
BrunELT: 60% (min 55% in all areas)
Reviews
-
I loved my time at Brunel. It was great and I simply ejoyed like anything. Simply great and excellent.
← | →
Course rating
Recommended
Centre rating
Jememiah
This centre's achievements
All courses are up to date
The average rating is higher than 3.7
More than 50 reviews in the last 12 months
This centre has featured on Emagister for 14 years
Subjects
- GCSE Mathematics
- Financial Training
- Industry
- Project
- Financial
- Finance
- Financial Mathematics
- Calculus
- Mathematics
- Statistics
- Staff
Course programme
Two-thirds of this course is shared with the BSc in Mathematics. This covers several application areas – finance, statistics, operational research (i.e. how maths can be applied to commercial industrial problems) and numerical analysis. The remaining third covers the key principles of finance. MMath students study for a further year, bringing their degree up to Master’s level.
Typical ModulesLevel 1
- Transition to Independant Learning of Mathematics (10 credits)
- Calculus
- Fundamentals
- Linear Algebra
- Probability and Statistics
- Algorithms and Numerical Methods
- Financial Markets
- Introduction to Data Handling for Finance
- Algorithms and Numerical Methods
Find out more information about Level 1
Level 2
- Multivariable Calculus
- Advanced Calculus and Numerical Methods
- Linear Methods
- Elements of Combinatorics
- Analysis I
- Probability and Statistics II
- Operational Research
- Elements of Investment Mathematics
- Computing for Finance
- Employability Skills
Level 2 Sandwich Placement
- Work Placement
Level 3 Compulsory
- Major Project (see below for more)
- Stochastic Models
- Mathematical Finance.
Level 3 Options
- Ordinary and Partial Differential Equations
- Statistics III
- Risk and Optimisation for Financial Planning
- Numerical Methods for Differential Equations.
This is a very valuable feature of the Financial Mathematics BSc course – a substantial piece of individual, course-related work personally supervised by a staff member. Projects are often connected to staff research areas and may also be in response to industry demands. Work on the project accounts for about one-third of your final year study load.
Explore a topic of particular interest to you in-depth or work on a practical problem – the choice is yours.
Although students who undertake a work placement year can choose to focus their final year project on their work experience, they may also select from the projects offered each year by the mathematics staff. During 2010-2011 over 150 project titles were available to final year mathematics undergraduates. These covered a very wide range of mathematical areas and applications including, for example:
- The very famous ‘travelling salesman problem’ (also known as ’the lazy waiter’!)
- The discovery and identification of clustering behaviour in financial markets
- The mathematics of complex networks such as the web, or even Facebook
- Applications of statistics to the Premier League, police complaints data and global warming
- Investigating traffic flow (are traffic lights better than roundabouts?).
Our students also have opportunities to study modern theories in quantitative finance, with particular emphasis on the maths and computation underlying the powerful and influential financial derivatives (e.g. options) industry. Often termed the ‘Black-Scholes theory’, this is famous for winning its discoverers a Nobel prize, as well as for its misapplication often being blamed (rightly or wrongly) for the current worldwide financial crisis.
Most of our projects can be carried out in ways that suit the student's strengths and interests. For example, it is often possible to choose to emphasise concrete applications or abstract theory, and the project can be carried out using theoretical tools only, or computational tools only, or a mixture of both.
MMath fourth year Master’s optionStudy for a further year (at Level 5) and bring your BSc degree up to Master’s standard. The MMath programme offers a highly integrated, logical progression from BSc to Master’s level.
Complete the course and develop a career requiring a higher level of mathematical skill and understanding – such as in finance, commerce or industry – or in postgraduate research.
Level 5 modules include:
- Advanced Project
- Risk, Simulation and Decision Analysis
- Numerical & Variational Methods for Partial Differential
- Equations
Read more about the structure of undergraduate degrees at Brunel and what you will learn on the course.
Additional information
Financial Mathematics BSc Placement offered