UK,England
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UK, England
Type: University
Location Type: Rural
Founded: 1964
Total Students: 13,304 +
Int. Students: 3,124 +
Main Campus Address
Bailrigg, Lancaster LA1 4YW, United Kingdom
Financial mathematicians are interested in making good decisions in the face of uncertainty. Through our rigorous programme, you will develop the skills and knowledge to become a major decision maker and influencer in your chosen career.
Financial maths is about learning to interpret and manipulate data to draw valuable conclusions and make predictions. This is particularly important in business and finance, but the skills gained from this programme are widely applicable and highly sought after. Over the three years, you will be able to draw on expertise from three specialist departments: Mathematics and Statistics; Accounting and Finance; and Economics.
During your first year, you will build on your previous knowledge and understanding of mathematical methods and concepts. Modules cover a wide range of topics from calculus, probability and statistics to logic, proofs and theorems. As well as developing your technical knowledge and mathematical skills, you will also enhance your data analysis, problem-solving and quantitative reasoning skills. During this year, you will also receive an introduction to accounting and finance, which will provide you with a comprehensive understanding of the concepts and techniques of the discipline, including financial accounting, managerial finance, and financial statement analysis.
In the second year, you will further develop your knowledge in analysis, probability and statistics. During this year, you will also begin to explore advanced finance and will benefit from modules in economics at managerial level. These will provide you with insight into micro and macroeconomics, and their related issues. You will develop real-world knowledge and experience by applying your analytical skills, interpreting events and evaluating policies. This will be instrumental in developing a career related to banking, finance, international payments and exchange rates, and monetary policy.
During your third year, you will delve deeper into the theory of probability and will explore the concept of statistical inference. Alongside this, you will gain valuable industry and employability skills through a dedicated careers-focused module. This final year will also be highly customisable, allowing you to select from a range of modules to suit your own interests and career aspirations.
3-Year Bachelor's Degree
42 Days
Full-Time
36 Months
Intake Month/Year | Intake Status | |
---|---|---|
sep 2025 | Open |
*Note: The fee is approximate and is subject to change
*Note: The fee is approximate and is subject to change
The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.
Check program website for more information about funding options.
Careers
Financial maths graduates are very versatile, having in-depth specialist knowledge and a wealth of skills. Through this degree, you will graduate with a comprehensive skill set, including data analysis and manipulation, logical thinking, problem-solving and quantitative reasoning, as well as adept knowledge of the discipline. As a result, financial mathematicians are sought after in a range of industries. However, graduates of this programme are ideally placed to forge rewarding careers in the business and finance, and government sectors.
The starting salary for many financial maths graduate roles is highly competitive, and career options include:
Alternatively, you may wish to undertake postgraduate study at Lancaster and pursue a career in research and teaching.
There are various options through which a student can get a post study work visa in the UK.
Tier 1 Graduate Entrepreneur Visa for the graduates with a genuine and credible business idea.
Tier 2 (General) is the leading immigration visa to work in the UK.
Tier 4 Doctorate Extension Scheme is for students who have completed their Ph.D. and is valid for 12 months for them to work, look for work or set up a business.
Tier 5 Youth Mobility is for individuals of certain countries like Australia, Canada, Japan, Monaco, Hong Kong, South Korea, Taiwan, and New Zealand aged between 18 -30 who wish to move to the UK.
Tier 5 GAE is for individuals who want to come to the UK for work experience, training, research or a fellowship.
UK Ancestry is for individuals who are a citizen of a commonwealth and plan to work in the UK and have a grandparent who was born in the UK.
Program Level: Integrated Course
Duration: 48 months
Tuition Fee: CAD 24,600
English Requirement: IELTS TOEFL PTE
Work Permit:
Program Level: 4-Year Bachelor's Degree
Duration: 48 months
Tuition Fee: CAD 26,575
English Requirement: IELTS TOEFL PTE
Work Permit:
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