BSc (Hons) Financial Mathematics

Receive excellent career support during and after the course
Receive excellent career support during and after the course
 Lecturers are experts in their field; informed by current research
 Lecturers are experts in their field; informed by current research
Accredited by Institute of Mathematics and its Applications (IGradIMA)
Accredited by Institute of Mathematics and its Applications (IGradIMA)

This course includes the options of:


Work placement*

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Study abroad*

*No fees are charged for this year

Why choose this course?

Financial Mathematics sits within one of our smaller Departments. That means you’ll get to know your lecturers very well and vice versa. You’ll benefit from an individual approach and tailored care and support where needed. You’ll learn from research active academics, who are renowned internationally for their contributions to mathematics and mathematical physics. Three members of staff have been working on ‘Strings, Supergravity and Geometry,’ exploring string theory and differential and algebraic geometry. Other projects include researching classical and quantum integrable systems and scattering amplitudes in gauge theories. Aren’t familiar with these terms and theories? Rest assured, very few of our first-year students are. You’ll start at the basics and slowly work your way up to specialise in the areas that interest you most.    
You’ll attend lectures as well as workshops and seminars. This way, you can learn from your lecturers as well as your peers. We’ve even set up a Student Proctor Scheme. This means students from higher years will be on hand to help you during and outside of your lessons. You’ll take part in practical computing classes and problem workshops. (That’s ‘problem’ in the mathematical sense, of course.) 
Between your second and third year of study, you can take an optional sandwich year. Want to study abroad for a year? We’ve got you. Want to work in industry for a year? We have a dedicated placements tutor in our school, who will help you find your dream placement. Our students have worked for companies like GlaxoSmithKline (GSK), Roche, BAE Systems, and the NHS. And that’s just our UK placements. Many of our students even go on to work at their placement host company after they finish their course.  
You’ll study a course that is accredited by The Institute of Mathematics and its Applications (IGradIMA), the UK professional body for mathematics. Being an accredited university means that you will leave us with the educational requirements for the Chartered Mathematician (CMath) designation; your first step into gaining this recognition. That means employers know you have a high standard of knowledge, expertise and skill. Thus, making you stand out for all the right reasons. 

What's the course about?

In the first year, the BSc (Hons) Financial Mathematics and BSc (Hons) Mathematics courses are exactly the same. So, if you change your mind and want to change, that’s easily done. Your second year is where you start specialising in financial mathematics if you choose this pathway.  

In your first year, you’ll learn all the foundations and basics that you need to know. We are aware that our students come from different schools and have followed different programmes. The first year is about making sure that everybody is on the same page. You’ll study linear algebra, basic statistics, and computational modelling. You’ll learn about numbers and sets, the applications of mathematics and financial maths. You’ll also take the first ‘mathematical techniques’ model to set you up with a strong foundation for your second and third year.  

In your second year, you’ll take the second module on mathematical techniques. You’ll also work on differential equations, take a module in career planning and development and attend small group tutorials. You’ll study programming, financial markets and portfolio theory. You’ll learn how to analyse portfolios of securities and financial data. In the second half of the module you’ll learn more theories that underlie the financial markets. This year there are also some optional modules for you to choose from. These include algebra, number theory and real analysis. Want to go into teaching? You can even take a module in professional teaching skills to prepare you for a career in education.  

Work placement/study abroad option: Between your second and final year, you’ll have the option to study abroad or do a work placement for up to a year. Not only will this give you an amazing experience to talk about but will also give your CV a boost. If you’d rather go straight to your final year, that’s absolutely fine too. 

In your final year, you’ll study non-linear optimisation, derivative pricing and investigations in financial mathematics. Most other modules are optional this year, so you can do what you like best. Modules include linear modelling, combinatorics, and advanced levels of algebra and numerical methods. You can even choose to study space dynamics in our labs. Think about atmospheric drag, spacecraft spin and transfer orbits. This year really allows you to home in on your favourite areas of mathematics. There is also a strong focus on employability and finding a fitting job for when you leave us. 
For a full list of modules, see the section under ‘What will I study?’ 

Your main campus is College Lane

This is where the creative arts, science and health-related subjects are based. This means you’ll share the campus with future nurses, scientists, artists and more. You can use the common rooms to relax with friends, work out in the 24-hour gym or have a drink in our on-campus pub or cafes. We also have restaurants for you to eat in or grab something on the go. Our Learning Resources Centres are open 24/7, which means you can study whenever suits you best. Want to pop over to the other campus? You can take the free shuttle bus or walk there in just 15 minutes.  

What will I study?

Degree programmes are structured into levels, 4, 5 and 6.  These correspond to your first, second and third/final year of study.  Below you can see what modules you’ll be studying in each.   

'If you fancy a challenge, choose maths! You can go into so many different things and the world’s your oyster.'

Amy Washington

BSc (Hons) Financial Mathematics

Student Blogs

Jonathon - A typical day

My typical uni day

An average day when studying maths at Hertfordshire University consists mainly of commuting, lectures and study.

Going from the beginning of my day, lectures start at 09:00 on some days, which is a long struggle to get up and out by 07:30 but it gets done. I only like that time to beat the motorway traffic and get a good short walk in before lectures, great to clear the head and get ready to learn.

Other days they can be at 11:00, or if you're lucky 13:00. These are the lie in days or catch up on extra study before driving to university.

Once at university, lectures are typically 2 hours and we cover a lot of content, normally a whole section or chapter.

After the first lecture, depending on my timetable it's either a tutorial or a break. During my break, I either head to the Learning Resource Centre (LRC) or the PAM Ready Room and do some extra study or just relax a bit before the next lecture or tutorial.

An average day at University ends at 17:00 or 18:00 for me but my average day does just end there.

Depending on the day I have either society meeting and socials, scouts or sports that I attend on a regular basis so I'm always active whether in or out of University.

At the end of the day, there is nothing I enjoy more than either a bit of gaming with friends or a good nights sleep.

Student Blogs

Jonathon - Guide to mathematics

Guide to the mathematics facilities

There are a few key facilities for our Mathematics course at Herts

The first thing that comes to mind is our lecture rooms and classrooms. Simple I know but not are they just for our lectures and tutorials, if they are empty most of the rooms are available for you to use as a study space or if you have a group of friends you can study together and share ideas on the screen or the whiteboards.

We also have some designated learning zones which you can use to study. These are dotted all over campus.

The key facilities are our high specification PC Labs. Used by all students for Python, R, and MATLAB just to name a few software we use. These labs are open from around 8 am to 8 pm within the main buildings.

We also have our Learning Resource Centre (LRC for short). Here are all the key study spaces from single study rooms to group study rooms and computers. The LRC has practically everything you could need to study. It's open 24/7 so whether an early bird or a night owl it's open for those brain waves whenever they may come.

The LRC is also home to our Maths Support Service. This is a small team of people on a rota that sets up in a specific spot in the LRC to help with any maths problem you may have they can help.

Student Blogs

Jonathon - Why I chose herts

Why I chose herts

There are many reasons why I chose to come to herts. Here are just a few.

Firstly, the accommodation was phenomenal compared to what other places were offering at the time (2017). This is what sold herts to me when I was making my final decision along with my next reason.

Next is I live in North London. I didn't want a university too far that I couldn't drive to it as a commuting student if I wanted to. As well as it being close to home for when I may want to go home or for my family to come up and visit; the journey isn't too long to make.

My next reason is space. The outdoor space is brilliant. There is such a diverse scenery at herts that you could be in a built-up area of campus then in 3 minutes you are in a forest. The Great outdoors helps to relax and clear the mind which is why I love it so much.

Lastly is the staff. On the open days, I went to the staff and they were always friendly and the lecturers are so enthusiastic about their subjects. That's what I want to see.

So, there's my story or mini stories behind choosing herts.

Student Blogs

Theo - Unibuddy

Alumni Stories

Samuel Nathan Richards

Meet Samuel Nathan Richards who has taken his degree out of this world. Samuel currently works for NASA as the Mission Director & Instrument Scientist for NASA/DLR mission: SOFIA in California.

Read more stories Find out more about this course
Current job roleMission Director & Instrument Scientist for NASA/DLR mission: SOFIA
Year of graduation2012
Course of studyBSc (Hons) Astrophysics with Sandwich Year

Samuel Nathan Richards

Global opportunities

Nathan currently works as the Mission Director & Instrument Scientist for the SOFIA mission, based in Palmdale, California at the Stratospheric Observatory for Infrared Astronomy. Nathan has worked toward this role since completing his degree and a PhD in Astrophysics at the University of Sydney, Australia.

Nathan says, 'I would not be where I am without the opportunities that were available while studying at the University of Hertfordshire. From extracurricular projects, to connections with other world ranking universities. I'm thankful to the University for its guidance and support that kick-started my career.'

Nathan decided to study at the University after seeing a promo video in sixth-form that featured the Bayfordbury Observatory. He says, 'When I discovered how strong the University's Astronomy department was, I felt that this was an environment that I could thrive in.'

'The lecturers were world-class, active astronomers, so each class was dynamic to the ever-changing knowledge of their respective fields of research. Their willingness to accept keen students for extracurricular research projects gave me early first-hand experience of the career I was about to launch myself into. Their international connections opened a path for me to do a research year at the University of Sydney, where I would later return to complete a PhD!'

Just the beginning

Pursuing a career in astronomy is highly competitive but incredibly exciting. Opportunities in these industries are truly global and roles are very diverse. 'I didn't know I'd end up working at NASA, but I took all opportunities as they arose.' Nathan encourages new and current students to do the same. 'Find what you enjoy and do that, over money, status and fame. There are many routes to where I am now, my colleagues come from very different backgrounds: astronomy, electrical and mechanical engineering and computer science, and that is just within my role, let alone all the other roles under NASA's umbrella.'

'I'm still learning, developing and taking on new opportunities!'

I would not be where I am without the opportunities that were available while studying at the University of Hertfordshire. From extracurricular projects, to connections with other world ranking universities. I'm thankful to the University for its guidance and support that kick-started my career.

Due to the ongoing Coronavirus pandemic, examinations may be replaced by an alternative form of assessment during the academic year 2020/2021. Please refer to the Programme Specification on these pages for further details.

Please note that some of the images and videos on our course pages may have been taken before social distancing rules in the UK came into force.

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