Financial Economics with Econometrics

Description

The Financial Mathematics programme provides a thorough grounding in the mathematical concepts, tools and skills needed to understand financial decision making. It offers the opportunity to study financial theory and applications built on rigorous foundations within a friendly and highly successful department.

Students gain access to knowledge and capabilities that are valued by financial sector employers, corporations, and postgraduate academic programmes. In combination with specialized finance and economics topics, the programme incorporates core mathematical principles, probability and inference and a range of statistical concepts and techniques. In addition, students have a chance to develop communication and personal skills.

The degree consists of compulsory modules, especially in the first two years, and some optional modules to suit the student’s interests and goals. There is also the possibility of spending a year on work placement in industry.

Independent rankings

In the National Student Survey 2013, 88% of Mathematics and Statistics students were satisfied with the overall quality of their course. And according to The Guardian University Guide 2014, 91% of Mathematics students were satisfied with their course.

Careers

Those students who choose to take the year in industry option find the practical experience they gain gives them a real advantage in the graduate job market. Through your studies, you also acquire many transferable skills including the ability to deal with challenging ideas, to think critically, to write well and to present your ideas clearly, all of which are considered essential by graduate employers.

Recent graduates from the School have gone into careers in medical statistics, the pharmaceutical industry, the aerospace industry, software development, teaching, actuarial work, Civil Service statistics, chartered accountancy, the oil industry and postgraduate research.

Detailed Course Facts

• GBP 9000 Year (EEA)
• GBP 12450 Year (Non-EEA)

Total Kent credits: 360

Total Kent credits: 360

• English

Course Content

The course structure below gives a flavour of the modules that will be available to you and provides details of the content of this programme. This listing is based on the current curriculum and may change year to year in response to new curriculum developments and innovation. Most programmes will require you to study a combination of compulsory and optional modules, you may also have the option to take ‘wild’ modules from other programmes offered by the University in order that you may customise your programme and explore other subject areas of interest to you or that may further enhance your employability.

Stage 1

Possible modules may include:

• MA306 - Statistics
• MA309 - Business Economics
• MA311 - Finance 1
• MA312 - Introduction to Financial Concepts
• MA321 - Calculus and Mathematical Modelling
• MA322 - Proofs and Numbers
• MA326 - Matrices and Computing
• WSHOP097 - Mathematics Support Classes
• WSHOPMA1 - Core Stage 1 Tutorial Support

Stage 2

Possible modules may include:

• MA552 - Analysis
• MA553 - Linear Algebra
• MA629 - Probability and Inference
• MA632 - Regression
• MA517 - Corporate Finance for Financial Mathematics
• MA518 - Probability and Measure Theory
• MA519 - Economics 2
• MA535 - Portfolio Theory and Asset Pricing Models

Year in industry

All single honours Mathematics degrees (except Mathematics with Secondary Education) offer the option of spending a year working in industry between Stages 2 and 3. We can offer help and advice in finding a placement.

Stage 3

Possible modules may include:

• MA535 - Portfolio Theory and Asset Pricing Models
• MA537 - Mathematics of Financial Derivatives
• MA516 - Contingencies 1
• MA636 - Stochastic Processes
• MA639 - Time Series Modelling and Simulation
• MA771 - Applied Stochastic Modelling and Data Analysis
• MA772 - Analysis of Variance
• MA781 - Practical Multivariate Analysis
• MA549 - Discrete Mathematics
• MA572 - Complex Analysis
• MA574 - Polynomials in Several Variables
• MA576 - Groups and Representations
• MA577 - Elements of Abstract Analysis
• MA587 - Numerical Solution of Differential Equations
• MA591 - Nonlinear Systems and Mathematical Biology
• CB600 - Games and Networks
• MA599 - Mini-Projects
• MA600 - Dissertation

English Language Requirements

IELTS band : 6.5

To study at this university, you have to speak English. We advice you to

Requirements

Home/EU students

The University will consider applications from students offering a wide range of qualifications, typical requirements are listed below, students offering alternative qualifications should contact the Admissions Office for further advice. It is not possible to offer places to all students who meet this typical offer/minimum requirement.

Qualification, Typical offer/minimum requirement

A level

• ABB including A in Mathematics (not Use of Mathematics). Only one General Studies and Critical Thinking can be accepted against the requirements

Access to HE Diploma

• The University of Kent will not necessarily make conditional offers to all access candidates but will continue to assess them on an individual basis. If an offer is made candidates will be required to obtain/pass the overall Access to Higher Education Diploma and may also be required to obtain a proportion of the total level 3 credits and/or credits in particular subjects at merit grade or above.

BTEC Level 3 Extended Diploma (formerly BTEC National Diploma)

• The university will consider applicants holding BTEC National Diploma and Extended National Diploma Qualifications (QCF; NQF;OCR) on a case by case basis please contact us via the enquiries tab for further advice on your individual circumstances.

International Baccalaureate

• 34 points overall or 16 at HL with Mathematics 6 at HL

International students

English language entry requirements

• 6.5 IELTS (with a minimum of 6.0 in Reading and Writing and 5.5 in Speaking and Listening)

Work Experience

No work experience is required.

Related Scholarships*

• Academic Excellence Scholarship

  "The Academic Excellence Scholarship can provide up to a 50 % reduction in tuition per semester. These scholarships will be renewed if the student maintains superior academic performance during each semester of their 3-year Bachelor programme. The scholarship will be directly applied to the student’s tuition fees."

• Access Bursary

  Bursary for UK students all subjects where the variable tuition fee rate is payable.

• Alumni Bursary

  Alumni Bursary for UK Undergraduate students

* The scholarships shown on this page are suggestions first and foremost. They could be offered by other organisations than University of Kent.

Funding

Kent offers generous financial support schemes to support eligible undergraduate students during their studies. Our 2015 entry support package has not been finalised. However, our 2014 financial support package included a £6,500 cash bursary. Find out more on our funding page.

General scholarships

Scholarships are available for excellence in academic performance, sport and music and are awarded on merit. For further information on the range of awards available and to make an application see our scholarships website.

The Kent Scholarship for Academic Excellence

At Kent we recognise, encourage and reward excellence. We have created the Kent Scholarship for Academic Excellence, which will be awarded to any applicant who achieves a minimum of AAA over three A levels, or the equivalent qualifications as specified on our funding pages. Please note that details of the scholarship for 2015 entry have not yet been finalised and are subject to change.