Mathematics with Economics

The Mathematics with Economics program at University College London offers students an exceptional interdisciplinary education combining rigorous mathematical techniques with essential economic theories and applications. Designed to prepare students for diverse careers in finance, consulting, research, or further academic study, this program provides a comprehensive understanding of both disciplines, emphasizing analytical thinking, problem-solving, and quantitative skills. The curriculum covers foundational topics such as calculus, linear algebra, probability, and statistical methods alongside core economic principles including microeconomics, macroeconomics, and econometrics. Students have the opportunity to develop advanced mathematical proficiency through modules in mathematical analysis, differential equations, and optimization, which are complemented by practical economics modules focusing on market behavior, economic policy, and financial markets.

Throughout the program, students engage in a combination of lectures, seminars, and problem-solving workshops aimed at fostering critical thinking and effective communication of complex ideas. UCL's strong emphasis on research-led teaching ensures students are exposed to the latest developments in both mathematics and economics, preparing them for postgraduate study or immediate employment. The program also encourages the development of data analysis skills, utilizing contemporary software tools and programming languages relevant to quantitative research. Students can choose optional modules to tailor their degree toward specific interests such as financial mathematics, development economics, or game theory.

The program typically spans three years for an undergraduate degree, with options for placement years and study abroad opportunities that enhance professional and personal development. Graduates of the Mathematics with Economics program at UCL are well-equipped with a diverse skill set that includes quantitative analysis, economic reasoning, and strategic decision-making. They are highly sought after by employers across industries such as finance, government, consulting, and academia. UCL's vibrant academic community, world-class faculty, and modern campus facilities provide an enriching environment for students to thrive academically and personally. This program is ideal for individuals who have a passion for mathematics and economics and are eager to apply analytical tools to solve real-world issues.

In each year of your degree you will take a number of individual modules, normally valued at 0.5 or 1.0 credits, adding up to a total of 4.0 credits for the year. Modules are assessed in the academic year in which they are taken. The balance of compulsory and optional modules varies from programme to programme and year to year. A 1.0 credit is considered equivalent to 15 credits in the European Credit Transfer System (ECTS).

In the first two years you will receive a thorough grounding in analysis, algebra and mathematical methods, following the same modules as the single-subject Mathematics students taking 3.0 credits a year. In place of the Applied Mathematics modules, you will take 1.0 credit of introductory economics each year (comprising both microeconomics and macroeconomics). Having laid the basic foundations there is a range of options in both mathematics and economics in the third year.

This programme is offered as a three-year BSc or a four-year MSci degree. The first two years of the programme are identical, and students are advised to apply for the MSci degree in the first instance, as it is possible to transfer to the BSc during the first three years.

A levels

Grades

A*A*A, or A*AA and a 1 in any STEP paper or distinction in Mathematics AEA

Subjects

Mathematics and Further Mathematics required at A*, or Mathematics at A* and Further Mathematics at A if STEP or AEA offered.

GCSEs

English Language and Mathematics at grade C. For UK-based students, a grade C or equivalent in a foreign language (other than Ancient Greek, Biblical Hebrew or Latin) is required. UCL provides opportunities to meet the foreign language requirement following enrolment, further details at: www.ucl.ac.uk/ug-reqs

IB Diploma

Points

39-40

Subjects

A score of 20 points in three higher level subjects including 7 in Mathematics, or 19 points in three higher level subjects including 7 in Mathematics and a 1 in any STEP paper or a distinction in Mathematics AEA, with no score below 5.

The Mathematics with Economics program at University College London offers a range of financing options to support students throughout their studies. Tuition fees vary depending on the student's residence status; for UK students, fees are typically set by the government and are subject to annual adjustments, while international students pay higher fees, reflecting the global demand for UCL's programs. Students are encouraged to explore scholarships, bursaries, and financial aid opportunities available through UCL’s central and departmental sources. UCL offers several merit-based scholarships specifically for mathematics and economics students, which are awarded based on academic excellence and potential. Additionally, there are need-based bursaries aimed at supporting students from disadvantaged backgrounds to ensure access and participation in higher education. For domestic students, government-backed student loans, such as those provided through the Student Loans Company, can be used to cover tuition fees and living costs. International students often seek funding through external scholarships, including those offered by their home governments, international organizations, or private foundations. UCL also provides guidance and resources on part-time work opportunities, which can help students offset living expenses while studying. The university's careers service offers workshops and advice on employability and financial planning, facilitating students' ability to manage their finances effectively during their time at university. Students are advised to carefully research all available funding options early in their degree programme application process to ensure they can plan their finances accordingly. Overall, financing a Mathematics with Economics degree at UCL involves a combination of university-funded scholarships, government loans, external funding, and personal savings, which together enable students to focus on their academic and career development without undue financial stress.

The Bachelor of Science in Mathematics with Economics at University College London (UCL) offers a comprehensive curriculum that combines rigorous training in pure and applied mathematics with a deep understanding of economic theories and applications. This interdisciplinary programme is designed to equip students with advanced quantitative skills, critical thinking, and the ability to analyze complex economic data and models. The programme spans three years for full-time study and includes core modules in pure mathematics, such as calculus, linear algebra, and differential equations, along with applied mathematics topics like numerical methods, probability, and statistics. Students also immerse themselves in economics through foundational courses covering microeconomics, macroeconomics, international economics, and econometrics, alongside specialised modules in financial markets, game theory, and economic policy.

Throughout the course, students have opportunities to apply mathematical techniques to economic problems, fostering skills in modelling and simulation. The programme emphasizes both theoretical understanding and practical applications, preparing graduates for careers in finance, consultancy, economic research, and further study in economics or related fields. UCL's strong links with industry and research institutions provide students access to excellent resources, guest lectures, internships, and networking events, enhancing their professional development. The degree benefits from UCL's globally renowned academic staff, research-led teaching, and a vibrant academic community that encourages collaboration and innovation.

Assessment methods include exams, coursework, presentations, and group projects, designed to develop a wide range of skills including communication, teamwork, and problem-solving. The programme also includes options for elective modules, allowing students to tailor their learning to specific interests within mathematics and economics. Graduates of the programme emerge with a solid foundation in quantitative analysis, economic theory, and problem-solving abilities, equipping them for diverse career pathways or postgraduate study. UCL's commitment to academic excellence and research excellence ensures that students receive a high-quality education that is both challenging and rewarding, aligned with current developments in mathematics and economics worldwide.