Mathematics with Economics

The Mathematics with Economics program at University College London offers an outstanding multidisciplinary education designed to develop students' analytical, mathematical, and economic skills. This degree combines rigorous mathematical training with a comprehensive understanding of economic principles, preparing graduates for a wide range of careers in finance, consultancy, government, and academia. Throughout the course, students will explore advanced topics in pure and applied mathematics, including calculus, linear algebra, differential equations, and mathematical modeling, while gaining a solid foundation in microeconomics, macroeconomics, and econometrics. The program emphasizes the application of mathematical tools to real-world economic problems, fostering critical thinking and quantitative reasoning abilities. Students have the opportunity to engage in various research projects, seminars, and practical work, enhancing their problem-solving skills and practical knowledge. The curriculum is designed to be flexible, allowing students to tailor their studies according to their interests, whether more mathematically focused or economics-oriented. The program also provides access to UCL’s extensive resources, including state-of-the-art laboratories, libraries, and academic support services. Graduates of this joint degree are well-equipped for competitive roles in financial institutions, economic research, policy analysis, and beyond. The university's strong links with industries and institutions provide valuable networking opportunities and internships, giving students practical experience during their studies. Overall, the Mathematics with Economics program at UCL aims to prepare students for the evolving challenges of global economies through an innovative blend of quantitative skills and economic theory, ensuring they are ready to excel in a variety of professional contexts or pursue further academic research.

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 each 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 and fourth years. The fourth year will include a major project, which will involve a substantial piece of written work and a presentation.

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 Bachelor of Science in Mathematics with Economics at University College London offers various financing options to support students throughout their studies. Tuition fees are the primary expense, with international and domestic students paying different rates, which are subject to annual increases. UCL provides detailed information on tuition costs on their official website, ensuring prospective students can plan their finances accordingly. To help offset these expenses, the university offers a range of scholarships, bursaries, and financial aid programs. Scholarships are available based on academic merit, financial need, or specific criteria such as excellence in mathematics or economics. Some scholarships are open to all students, while others target certain regions or demographics. Bursaries are often awarded based on financial need and may cover partial or full tuition fees or provide living costs. Additionally, UCL participates in government loan schemes for eligible students, which can be used to finance tuition and living expenses. Students are encouraged to explore external funding sources, including government grants, sponsorships, and private scholarships offered by external organizations. The university also has on-campus employment opportunities, such as research or teaching assistant positions, which can provide supplementary income and valuable experience. Moreover, UCL offers financial advice and planning services to help students manage their money effectively during their studies. International students should be aware of additional costs such as visa fees, health insurance, and travel expenses, and plan accordingly. The university's dedicated financial support team is available to assist students in navigating application processes for various funding options. Overall, students are advised to prepare a comprehensive financial plan before beginning their studies, considering tuition, living costs, insurance, and other related expenses, and to actively seek out available funding sources to support their academic journey.

The Mathematics with Economics program at University College London (UCL) is a comprehensive undergraduate course designed to provide students with a solid foundation in both advanced mathematical methods and economic theories. This interdisciplinary program integrates rigorous mathematical techniques with their applications in economic analysis, enabling students to develop strong analytical and problem-solving skills vital for careers in finance, economics, data analysis, and related fields. The curriculum typically covers core areas of mathematics such as calculus, linear algebra, differential equations, and probability theory, alongside economic courses that include microeconomics, macroeconomics, and econometrics.

Students on this program benefit from UCL’s world-class research environment and strong links to industry, which often include guest lectures, internships, and collaborative projects. The program aims to cultivate not only technical skills but also critical thinking, quantitative reasoning, and policy analysis capabilities. Students have access to advanced computing resources and participate in seminars and workshops that deepen their understanding of both theoretical principles and practical applications. The degree often involves a substantial research component or dissertation, allowing students to explore specialized interests within mathematics or economics.

The program prepares graduates for various careers, including finance, consulting, government agencies, and international organizations, or for further study at the postgraduate level. Admission requirements typically include strong A-levels or equivalent qualifications in mathematics and relevant subjects. Overall, Mathematics with Economics at UCL offers a rigorous and versatile educational pathway suited for students interested in combining mathematical expertise with economic insight to understand and influence real-world issues.