Course Overview
Lancaster's degree in Financial Mathematics draws on world-leading research and expertise from the Department of Mathematics and Statistics - ranked third in the UK by The Guardian University Guide, 2001 - 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 final year, you'll be able to follow modules such as Corporate Finance; International Financial Management, and Financial Statement Analysis.
For a list of compulsory modules, please see the tab above.
Lancaster was the perfect preparation for my future career success.
Career opportunities
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.
Modules
Here are some of the current modules which are available during your studies at Lancaster:
PartI
- Calculus
- Differential Equations
- Discrete Mathematics
- Geometry and Calculus
- Integration
- Introduction to Accounting and Finance
- Matrix Methods
- Numbers and Relations
- Probability
- Series and Functions
- Statistics
PartII (Year 2)
- Advanced Principles of Finance
- Further Topics in Economics for Managers
- Introduction to Economics for Managers
- Probability
- Real Analysis
- Statistics
PartII (Year 3)
- Bond Markets
- Corporate Finance
- International Financial Management
- Investments
- Likelihood Inference
- Probability and Measure
- Quantitative Finance
For more detailed module information please visit the Mathematics and Statistics department website.
Entry Requirements
A-level: A(Maths or Further Maths)AA.
General Studies: Accepted as one of 3 A-levels
Key skills: Not included in offer
Preference: Two or more A-levels
GCSE: Maths (minimum grade B), and English Language (grade B/C)
Scottish Highers: AAABB plus Grade A at Advanced Higher Maths
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 Bacc: 36 pts overall with 16 pts from the best 3 HL subjects, inc 6 in HL Maths
BTEC: DDD grades overall
Mature students: Applications welcome. Interviewed if offer considered. Please contact the Undergraduate Admissions Office (01524 592028) for further information
IELST: 6.5
For details of how we evaluate international qualifications, please click here.
Financial Support
Lancaster University's priority is to support every student to make the most of their life and education. In addition to government maintenance loans, grants and national scholarships, Lancaster University offers a range of financial support for full time UK Undergraduate students from lower-income backgrounds. Many students each year will be entitled to bursaries or scholarships to help them with the cost of fees and/or living expenses.
The Lancaster Scholarship package is designed to reward the hard work and natural ability of full-time UK students applying to study with us regardless of their household income. Students achieving A*, A, A in their A-level examinations (or equivalent academic qualifications) will receive a £1,000 per year Lancaster Scholarship during their undergraduate studies if they place us as their firm choice institution. Continuation of the Lancaster Scholarship is subject to satisfactory academic progression.
Our combined £5,000 bursary package will help students from England whose household incomes are less than £25,000 per year with fees and living costs.
Students from England eligible for our £5,000 bursary package will also be awarded a £3,000 Lancaster Scholarship if they achieve A*, A, A in their A-level examinations (or equivalent academic qualifications). This totals £8,000 of support for students during their studies.
For full details of the University's financial support packages including eligibility criteria, please visit our
fees and funding page.