Managing money means dealing with numbers and varying quantities. Mathematical models can be applied to complex behaviour in the financial markets. Well-qualified mathematicians and statisticians are therefore in great demand, with a wide choice of careers opportunities. This degree provides students with a particular set of mathematical skills that are ideal for work in the financial services technology sector. The course is a partnership with industry and includes project work related to capital markets and capital market instruments.
Mathematics with Finance Degree highlights
In 2020, more than 90% of 1st and 2nd year Maths students expressed overall satisfaction with their course
- We participate in the IAESTE and Turing student exchange programmes, which enable students to obtain work experience in companies and universities throughout the world. Students on this pathway have also taken part in summer placements with US based financial companies such as Allstate and JP Morgan.
- We have key links with local companies who hire mathematics graduates. Several local financial services companies (including Clarus FT, Effex Capital and AquaQ Analytics) were founded by our former maths graduates. Indeed these companies are partners in the development of this degree programme.
All students in the school have the option to include a year in industry as part of their studies. This is a fantastic opportunity to see mathematics at work in the real world, and to enhance your career prospects at the same time.
World Class Facilities
- The school has its own dedicated teaching centre which opened in September 2016. This building houses lecture and group-study rooms, a hugely popular student social area and state-of-the-art computer facilities. The centre is an exciting hub for our students, and is situated directly adjacent to the Lanyon Building on the main university campus. This makes us the only school with a dedicated teaching space right at the heart of the university.
Internationally Renowned Experts
- The School of Mathematics and Physics is a large school with staff from 13 countries, including UK, US, Ireland, Italy, Spain, Bulgaria, Russia, Argentina, Cuba, Germany, China, Greece, Kenya, Niger, The Netherlands and Romania. Many of our staff are leading international experts in their fields of mathematical research. Thus the ethos of the School is one of excellence in research informing excellence in teaching.
- Many students find the transition from school to university somewhat daunting. In order to help with this transition, Mathematics students have introduced a Peer Mentoring scheme that is generally regarded as one of the most effective in the University. As well as providing a forum for first year students to obtain support, it also provides mentors with transferable skills which will increase graduate employment opportunities.
After graduating I joined Allstate (in Chicago and Belfast) to work as a Predictive Modeller. Two years ago I moved to my current position. Unlike some careers, I am given the opportunity to put into practice what I have learned at university daily, whether that is computer programming, critical thinking, problem solving or presenting. Many of the courses I studied at Queen’s are fundamental for my day to day work: my notes from these courses still sit on my desk!
Padraic Sheerin - Vice President, Data Science at Pramerica (Prudential Financial), Ireland
|Course Content||The course unit details given below are subject to change, and are the latest example of the curriculum available on this course of study.|
|Stage 1||• Introduction to Algebra and Analysis |
• Mathematical Methods 1
• Introduction to Probability & Statistics
• Introduction to Statistical & Operational Research Methods
• Financial Institutions and Markets
|Stage 2||• Employability for Mathematics |
• Linear Algebra
• Methods of Operational Research
• Mathematical Methods 2
• Statistical Inference
• Financial Decision Making
• Financial Market Theory
|Stage 3||• Financial Mathematics |
• Linear Models
• Numerical Analysis
• Stochastic Processes and Risk
• Statistical Data Mining with Machine Learning
• Team Project: Mathematics with Finance
People teaching youDr Daniel Dundas
Senior Lecturer in Mathematics and Course Convenor for Maths with Finance
School of Maths & Physics
Daniel is a Senior Lecturer in Mathematics.
Contact Teaching Times
|Personal Study||21 (hours maximum)|
21 hours studying and revising in your own time each week, including some guided study using handouts, online activities, etc.
|Large Group Teaching||10 (hours maximum)|
10 hours of lectures.
|Medium Group Teaching||4 (hours maximum)|
4 hours of practical classes, workshops or seminars each week.
|Small Group Teaching/Personal Tutorial||1 (hours maximum)|
1 hour of tutorials (or later, project supervision) each week.
Learning and Teaching
The BSc in Mathematics with Finance has been developed in partnership with industry, and combines the development of mathematical and statistical skills with finance modules in the Queen’s Management School to further insight into capital markets.
At Queen’s, we aim to deliver a high quality learning environment that embeds intellectual curiosity, innovation and best practice in learning, teaching and student support to enable student to achieve their full academic potential.
On the BSc in Mathematics with Finance we do this by providing a range of learning experiences which enable our students to engage with subject experts, develop attributes and perspectives that will equip them for life and work in a global society and make use of innovative technologies and a world class library that enhances their development as independent, lifelong learners. Examples of the opportunities provided for learning on this course are:
- Computer based modules
These provide students with the opportunity to develop technical skills and apply theoretical principles to real-life or practical contexts.
- E-learning technologies
Information associated with lectures and assignments is often communicated via a Virtual Learning Environment (VLE) called Canvas. A range of e-learning experiences are also embedded in the degree programme through the use of, for example, interactive support materials and web-based learning activities.
These introduce basic information about new topics as a starting point for further self-directed private study/reading. Lectures also provide opportunities to ask questions, gain some feedback and advice on assessments (normally delivered in large groups to all year group peers). Some of the modules are taught by the Management School at Queen’s which means students will learn about capital financial markets, financial instruments and investment institutions, and thus develop their industry awareness to complement the technical training.
- Personal Tutor
Undergraduates are allocated a Personal Tutor during Level 1 and 2 who meets with them on several occasions during the year to support their academic development.
- Self-directed study
This is an essential part of life as a Queen’s student when important private reading, engagement with e-learning resources, reflection on feedback to date and assignment research and preparation work is carried out.
- Supervised projects
Our partner companies are committed to support industry-led projects that will enable students to engage with real-life problems and gain invaluable industry experience, while learning practical mathematical skills relevant to local companies. In final year, students will be expected to carry out a significant piece of research on projects offered by these companies. Students will receive support from a course supervisor in addition to a company representative who will guide them in terms of how to carry out research and who will provide feedback during the project. These companies will also deliver professional skills workshops for students on this programme.
Significant amounts of teaching are carried out in small groups (typically 10-20 students). These provide an opportunity for students to engage with academic staff who have specialist knowledge of the topic, to ask questions of them and to assess their own progress and understanding with the support of peers.
The way in which students are assessed will vary according to the learning objectives of each module. Details of how each module is assessed are shown in the Student Handbook which is available online via the school website.
- Most modules are assessed through a combination of coursework and end of year examinations.
- Some modules (eg, final year Honours Project module) are assessed solely through project work or written assignments.
- Computer Based Assessment
Some modules use online quizzes/tests as part of the module assessment. This tests basic knowledge, understanding and problem solving.
As students’ progress through their course at Queen’s they will receive general and specific feedback about their work from a variety of sources including lecturers, personal tutors, advisers of study and peers. University students are expected to engage with reflective practice and to use this approach to improve the quality of their work. Feedback may be provided in a variety of forms including:
- Feedback provided via formal written comments and marks relating to work that you, as an individual or as part of a group, have submitted.
- Face to face comment. This may include occasions when you make use of the lecturers’ advertised “office hours” to help you to address a specific query.
- Placement employer comments or references.
- Online or emailed comment.
- General comments or question and answer opportunities at the end of a lecture, seminar or tutorial.
- Pre-submission advice regarding the standards you should aim for and common pitfalls to avoid. In some instances, this may be provided in the form of model answers or exemplars that you can review in your own time.
- Feedback and outcomes from practical classes.
- Comment and guidance provided by staff from specialist support services such as, Careers, Employability and Skills or the Learning Development Service.
- Once you have reviewed your feedback, you will be encouraged to identify and implement further improvements to the quality of your work.
A new Teaching Centre for Mathematics and Physics opened in September 2016. This provides a dedicated space for teaching within the School. Facilities for mathematics include new lecture and group-study rooms, a new student social area and state-of-the-art computer facilities. The Centre will be the exciting central hub for our students.
|A level requirements|
AAA including Mathematics
A* (Mathematics) AB
A maximum of one BTEC/OCR Single Award or AQA Extended Certificate will be accepted as part of an applicant's portfolio of qualifications with a Distinction* being equated to a grade A at A-level and a Distinction being equated to a grade B at A-level.
|Irish leaving certificate requirements|
H2H2H3H3H3H3 including Higher Level grade H2 in Mathematics
Successful completion of Access Course with a minimum of 80% in each Level 3 module. Must be relevant Access Course with substantial Mathematics modules (eg: Mathematics and Computing).
|International Baccalaureate Diploma|
36 points overall including 6,6,6 at Higher Level including 6 in Mathematics. If not offered at Higher Level/GCSE then Standard Level grade 4 in English would be accepted.
A minimum of a 2:2 Honours Degree, provided any subject requirements are also met.
In addition, to the entrance requirements above, it is essential that you read our guidance below on 'How we choose our students' prior to submitting your UCAS application.
Applications are dealt with centrally by the Admissions and Access Service rather than by the School of Mathematics and Physics. Once your on-line form has been processed by UCAS and forwarded to Queen's, an acknowledgement is normally sent within two weeks of its receipt at the University.
Selection is on the basis of the information provided on your UCAS form. Decisions are made on an ongoing basis and will be notified to you via UCAS.
For entry last year, applicants for programmes in the School of Mathematics and Physics offering A-level/BTEC Level 3 qualifications must have had, or been able to achieve, a minimum of five GCSE passes at grade C/4 or better (to include English Language and Mathematics), though this profile may change from year to year depending on the demand for places. The Selector also checks that any specific entry requirements in terms of GCSE and/or A-level subjects can be fulfilled.
Offers are normally made on the basis of three A-levels. The offer for repeat candidates may be one grade higher than for first time applicants. Grades may be held from the previous year.
Applicants offering two A-levels and one BTEC Subsidiary Diploma/National Extended Certificate (or equivalent qualification), or one A-level and a BTEC Diploma/National Diploma (or equivalent qualification) will also be considered. Offers will be made in terms of the overall BTEC grade(s) awarded. Please note that a maximum of one BTEC Subsidiary Diploma/National Extended Certificate (or equivalent) will be counted as part of an applicant’s portfolio of qualifications. The normal GCSE profile will be expected.
For applicants offering the Irish Leaving Certificate, please note that performance at Irish Junior Certificate (IJC) is taken into account. For last year’s entry, applicants for this degree must have had a minimum of five IJC grades at C/Merit. The Selector also checks that any specific entry requirements in terms of Leaving Certificate subjects can be satisfied.
Applicants offering other qualifications will also be considered. The same GCSE (or equivalent) profile is usually expected of those candidates offering other qualifications.
The information provided in the personal statement section and the academic reference together with predicted grades are noted but, in the case of degree courses in the School of Mathematics and Physics, these are not the final deciding factors in whether or not a conditional offer can be made. However, they may be reconsidered in a tie break situation in August.
A-level General Studies and A-level Critical Thinking would not normally be considered as part of a three A-level offer and, although they may be excluded where an applicant is taking four A-level subjects, the grade achieved could be taken into account if necessary in August/September.
Candidates are not normally asked to attend for interview.
If you are made an offer then you may be invited to a Faculty/School Visit Day, which is usually held in the second semester. This will allow you the opportunity to visit the University and to find out more about the degree programme of your choice and the facilities on offer. It also gives you a flavour of the academic and social life at Queen's.
If you cannot find the information you need here, please contact the University Admissions and Access Service (firstname.lastname@example.org), giving full details of your qualifications and educational background.
Our country/region pages include information on entry requirements, tuition fees, scholarships, student profiles, upcoming events and contacts for your country/region. Use the dropdown list below for specific information for your country/region.
English Language Requirements
If you need to improve your English language skills before you enter this degree programme, INTO Queen's University Belfast offers a range of English language courses. These intensive and flexible courses are designed to improve your English ability for admission to this degree.
- Academic English: an intensive English language and study skills course for successful university study at degree level
- Pre-sessional English: a short intensive academic English course for students starting a degree programme at Queen's University Belfast and who need to improve their English.
International Students - Foundation and International Year One Programmes
INTO Queen's offers a range of academic and English language programmes to help prepare international students for undergraduate study at Queen's University. You will learn from experienced teachers in a dedicated international study centre on campus, and will have full access to the University's world-class facilities.
These programmes are designed for international students who do not meet the required academic and English language requirements for direct entry.
The INTO progression course suited to this programme is:
INTO - English Language Course(QSIS ELEMENT IS EMPTY)
Studying for a Maths and Finance degree at Queen’s will assist students in developing the core skills and employment-related experiences that are valued by employers, professional organisations and academic institutions. Graduates from this degree at Queen’s are well regarded by many employers in the financial services. The following is a list of some of the companies that have attracted our graduates in recent years:
• First Derivatives
• Citi Group
• Allstate NI
• AquaQ Analytics
• Effex Capital
• Ulster Bank
According to the Institute for Fiscal Studies, 5 years after graduation, Maths graduates earn 20 per cent more on average than other graduates (IFS 2018) and are the 3rd highest earners compared to all other subjects.
Employment after the Course
Typical career destinations of graduates include:
• Data Science
• Clarus FT
• Liberty Mutual Insurance
• First Derivatives
• Citi Group
• Allstate NI
• AquaQ Analytics
• Effex Capital
• Ulster Bank
What employers say
We have Mathematics graduates working across many parts of the business and they play a central role in creating cutting edge solutions for our customers, enabling them to push the boundaries of science.
Claire Greenwood, Director of Engineering, Andor Technology
Additional Awards Gained(QSIS ELEMENT IS EMPTY)
Prizes and Awards
Top performing students are eligible for a number of prizes within the School.
Degree plus award for extra-curricular skills
In addition to your degree programme, at Queen's you can have the opportunity to gain wider life, academic and employability skills. For example, placements, voluntary work, clubs, societies, sports and lots more. So not only do you graduate with a degree recognised from a world leading university, you'll have practical national and international experience plus a wider exposure to life overall. We call this Degree Plus. It's what makes studying at Queen's University Belfast special.
Fees and Funding
|Northern Ireland (NI) 1||£4,710|
|Republic of Ireland (ROI) 2||£4,710|
|England, Scotland or Wales (GB) 1||£9,250|
|EU Other 3||£18,800|
1 EU citizens in the EU Settlement Scheme, with settled status, will be charged the NI or GB tuition fee based on where they are ordinarily resident. Students who are ROI nationals resident in GB will be charged the GB fee.
2 EU students who are ROI nationals resident in ROI are eligible for NI tuition fees.
3 EU Other students (excludes Republic of Ireland nationals living in GB, NI or ROI) are charged tuition fees in line with international fees.
All tuition fees quoted relate to a single year of study and will be subject to an annual inflationary increase, unless explicitly stated otherwise.
NI, GB and ROI fees for 2022 entry will be published soon. International fees for 2022 entry can be viewed here: www.qub.ac.uk/International/International-students/International-tuition-fees
Tuition fee rates are calculated based on a student’s tuition fee status and generally increase annually by inflation. How tuition fees are determined is set out in the Student Finance Framework.
Additional course costs
Depending on the programme of study, there may be extra costs which are not covered by tuition fees, which students will need to consider when planning their studies.
Students can borrow books and access online learning resources from any Queen's library.
If students wish to purchase recommended texts, rather than borrow them from the University Library, prices per text can range from £30 to £100. A programme may have up to 6 modules per year, each with a recommended text.
Students should also budget between £30 to £75 per year for photocopying, memory sticks and printing charges.
Students undertaking a period of work placement or study abroad, as either a compulsory or optional part of their programme, should be aware that they will have to fund additional travel and living costs.
If a final year includes a major project or dissertation, there may be costs associated with transport, accommodation and/or materials. The amount will depend on the project chosen. There may also be additional costs for printing and binding.
Students may wish to consider purchasing an electronic device; costs will vary depending on the specification of the model chosen.
There are also additional charges for graduation ceremonies, examination resits and library fines.
Mathematics with Finance costs
All essential software will be provided by the University, for use on University facilities, however for some software, students may choose to buy a version for home use.
How do I fund my study?
There are different tuition fee and student financial support arrangements for students from Northern Ireland, those from England, Scotland and Wales (Great Britain), and those from the rest of the European Union.
Information on funding options and financial assistance for undergraduate students is available at www.qub.ac.uk/Study/Undergraduate/Fees-and-scholarships/.
Each year, we offer a range of scholarships and prizes for new students. Information on scholarships available.
Information on scholarships for international students, is available at www.qub.ac.uk/Study/international-students/international-scholarships/.
How and when to Apply
How to Apply
Application for admission to full-time undergraduate and sandwich courses at the University should normally be made through the Universities and Colleges Admissions Service (UCAS). Full information can be obtained from the UCAS website at: www.ucas.com/students.
When to Apply
UCAS will start processing applications for entry in autumn 2023 from 1 September 2022.
Advisory closing date: 25 January 2023 (18:00). This is the 'equal consideration' deadline for this course.
Applications from UK and EU (Republic of Ireland) students after this date are, in practice, considered by Queen’s for entry to this course throughout the remainder of the application cycle (30 June 2023) subject to the availability of places.
Applications from International and EU (Other) students are normally considered by Queen’s for entry to this course until 30 June 2023. If you apply for 2023 entry after this deadline, you will automatically be entered into Clearing.
Applicants are encouraged to apply as early as is consistent with having made a careful and considered choice of institutions and courses.
The Institution code name for Queen's is QBELF and the institution code is Q75.
Further information on applying to study at Queen's is available at: www.qub.ac.uk/Study/Undergraduate/How-to-apply/
Terms and Conditions
The terms and conditions that apply when you accept an offer of a place at the University on a taught programme of study. Queen's University Belfast Terms and Conditions.
Additional Information for International (non-EU) Students
- Applying through UCAS
Most students make their applications through UCAS (Universities and Colleges Admissions Service) for full-time undergraduate degree programmes at Queen's. The UCAS application deadline for international students is 30 June 2023.
- Applying direct
The Direct Entry Application form is to be used by international applicants who wish to apply directly, and only, to Queen's or who have been asked to provide information in advance of submitting a formal UCAS application. Find out more.
- Applying through agents and partners
The University’s in-country representatives can assist you to submit a UCAS application or a direct application. Please consult the Agent List to find an agent in your country who will help you with your application to Queen’s University.
Fees and Funding