Mathematics with Financial Mathematics (4 years) [MMath]
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This flexible single-honours undergraduate master's degree programme is designed for those who are interested in learning about some of the recent applications of mathematics to the financial sector and pursuing a career in this area. It enables you to acquire a working knowledge of models and procedures and modern financial mathematics as applied in banks, broker companies and insurance companies as well as in the financial departments of national and international companies. You get good all-round mathematical knowledge together with the ability to experience more specialised results, methods and ideas. You get an education in sufficient depth in these areas to enable you to undertake postgraduate studies, conduct mathematical research or work as a specialist mathematician in industry, business or higher education.
A core of basic mathematics provides you with the fundamental mathematical knowledge and skills, and the basis for more advanced work later on. The core material is covered in the first three semesters, up to the mid-point of your second year. You develop your capacity to learn and apply mathematical ideas, to understand the significance and power of mathematics, and to acquire a thorough knowledge and understanding of those mathematical topics that any employer would expect of a mathematics graduate. After your first three semesters, you choose your lecture courses from a widening range of options in order that you can pursue whichever areas of mathematics most interest you. You also undertake a substantial finance-related final year project.
- Generous entrance scholarships are available.
- Small group teaching is a significant part of the first year.
- A wide range of options is available in the third year.
- All undergraduate students have affiliate membership of the Institute of Mathematics and its Applications.
Most course units have some continual assessment (which may be, for instance, a combination of homework and in-class tests), which is put together with the result of an end-of-semester examination to provide the final mark. Some course units (such as a project) are assessed entirely by your submitted work during the semester. The class of your degree is normally based on only your last two years' work.
The School of Mathematics offers scholarships for academically excellent students from the UK and around the world; contact the School for more details.
The School of Mathematics is based in the brand new, purpose built £40 million Alan Turing Building, set at the heart of the University Campus. Students benefit from extensive facilities for computing and study, relaxation and refreshment, in an attractive, light and comfortable environment. Computing: The School of Mathematics has a number of computer clusters that run the standard software as well as powerful mathematical and statistical software, such as Matlab, Minitab and Mathematica. All our students have free access to email and the internet. Other larger clusters are available in the University libraries and clusters are situated in most Halls of Residence; most student rooms also have Ethernet connection. Library: You will have access to the John Rylands University Library of Manchester, one of the largest and best-equipped libraries in the UK. A special section of this library provides a short loan facility, where you can reliably obtain textbooks that are recommended for particular courses and borrow them on an overnight basis. The School of Mathematics also houses a mathematical library of more advanced books and other material used mainly by research students and staff.