Mathematics and Statistics with Management

Description

Mathematics is a fundamental subject that is constantly developing. Yes – it is a discipline in its own right, but it is also the thinking behind countless commercial, industrial and technological activities. Mathematical models underpin engineering, the applied sciences, computing and many aspects of management today. As a Mathematics student you will develop an outlook and high level study skills that will be hugely valuable whatever career path you follow after graduation.

Mathematics and Statistics with Management offers a broad understanding of general management and will also teach you high level skills and knowledge in Mathematics and Statistics, focusing in particular on how maths can be used to solve industrial and commercial problems. Mathematics makes up between two-thirds and three-quarters of the course.

Mathematics at Brunel

Maths at Brunel means you will be working with staff internationally recognised for their state-of-the-art subject knowledge. In the 2008 Research Assessment Exercise (RAE), nearly 60% of our research in the department was rated ‘World Leading’ or ‘Internationally Excellent’. Within London, the Department of Mathematics was ranked in the top.

Because Mathematics has links with many other subject areas, we offer a wide choice of exciting courses, each with a different emphasis. These courses include modules in pure and applied Mathematics, operational research, computer science, finance, information technology and management studies. This structure means that most individual subject modules are not unique to any particular degree.

We are also very active at postgraduate level offering Mathematics MSc courses and research opportunities in many areas. External grants and contracts with industry and government establishments support much of our research – keeping us right at the ‘cutting edge’ and actively in contact with modern uses of Mathematics. The result is that our undergraduate courses are truly up-to-date. For example, you may undertake your major final year project in one of our research areas.

Aims

This course equips you with the skills and techniques you need to develop mathematical and statistical knowledge, as well as a sound grounding in key business and management issues. You will also learn how you can apply Mathematics and statistics to solve industrial and commercial problems.

Detailed Course Facts

• GBP 9000 Year (EEA)
• GBP 14250 Year (Non-EEA)

• English

Course Content

This course enables you to study a substantial amount of Mathematics coupled with selected topics from the field of management. Mathematics accounts for between two-thirds and three-quarters of the course with the same wide-ranging approach as the straight Mathematics course. However, we place greater emphasis on statistics and operational research as these areas are especially relevant to management theory.

The remainder of the course consists of selected management topics in areas such as accountancy, finance and organisational studies – all taught at Brunel Business School. If you would prefer a greater proportion of management, you might think about a Mathematical and Management Studies BSc.

Typical Modules

Level 1 Core

• Linear Algebra
• Calculus and Numerical Methods
• Discrete Mathematics, Probability and Statistics
• Organisational Behaviour and Analysis

Level 1 Options

• Principles and Practice of Marketing
• Introduction to Accounting

Level 2 Core

• Communication Skills and Operational Research
• Statistics
• Critical Perspectives in Management

Level 2 Options

• Analysis
• Linear and Numerical Methods
• Algebra and Discrete Mathematics Analysis
• Human Resources Management and its International Dimension
• Development in the Global Environment
• Principles and Practice of Marketing
• Introduction to Accounting
• Management Accounting
• Managing Change and Creativity in Organisations

Level 3

• Major Project (core – see below for more)
• Stochastic Models and Mathematical Finance
• Encryption and Data Compression
• Statistics
• Numerical and Variational Methods for PDEs
• Risk and Optimisation in Finance
• Differential and Integral Equations
• Corporate Finance
• Corporate Investment
• Entrepreneurship and Small Business Management
• Gender in Organisations
• Strategic Management
• Managing Change and Creativity in Organisations
• Strategic Financial Management
• Ethics, Governance and Sustainability
• Innovation and Knowledge Management

Final year project

This is a very valuable feature of the Mathematics and Statistics with Management BSc course – a substantial piece of individual, course-related work personally supervised by a staff member. Projects are often connected to staff research areas and may also be in response to industry demands. Work on the project accounts for about one-third of your final year study load.

Choose either a mathematical project supervised by a member of staff from Mathematics or a management project supervised by a member of staff from Brunel Business School. Explore in-depth a topic of particular interest to you or work on a practical problem – the choice is yours.

Although students who undertake a work placement year can choose to focus their final year project on their work experience, they may also select from the projects offered each year by the Mathematics staff. During 2010-2011 over 150 project titles were available to final year Mathematics undergraduates. These covered a very wide range of mathematical areas and applications including, for example:

• The very famous ’travelling salesman problem’ (also known as ’the lazy waiter’!)
• The discovery and identification of clustering behaviour in financial markets
• The Mathematics of complex networks such as the web, or even Facebook
• Applications of statistics to the premier league, police complaints data and global warming
• Investigating traffic flow (are traffic lights better than roundabouts?)

In addition to all of these topic areas, our students also have opportunities to study modern theories in quantitative finance, with particular emphasis on the Mathematics and computation underlying the powerful and influential financial derivatives (e.g. options) industry. Often termed the ‘Black-Scholes theory’, this is famous for winning its discoverers a Nobel prize, as well as for its misapplication often being blamed (rightly or wrongly) for the current worldwide financial crisis.

Most of our projects can be carried out in ways that suit the student's strengths and interests. For example, it is often possible to choose to emphasise concrete applications or abstract theory, and the project can be carried out using theoretical tools only, or computational tools only, or a mixture of both.

English Language Requirements

IELTS band : 6 CAE score : 60(Grade C)

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

Requirements

• GCE A-level ABB, including grade A in Mathematics or Further Mathematics.
• BTEC Level 3 Extended Diploma D*DD plus A-level Mathematics at Grade A.
• BTEC Level 3 Diploma DD in a related subject with an A-level Maths at grade A.
• BTEC Level 3 Subsidiary Diploma D in a related subject with A-levels grade AB including an A grade in Maths.
• International Baccalaureate Diploma 33 points, including 6 points in Higher Mathematics.
• Access to Higher EducationDiploma Complete and pass relevant Access course with 45 credits at Level 3, of which 30 credits must be at Distinction and 15 credits at Merit or higher. Must have 15 Maths level 3 Maths units at Distinction. Applicants must also have an A-level in Maths grade A.

GCSE Mathematics grade C and GCSE English grade C are also required.

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 Brunel University.