University of Sheffield United Kingdom

Financial Mathematics BSc

Integrated Masters with deeper specialization and research focus
Taught in English
Duration 3 Years
Mode On Campus
Level Undergraduate
Degree Bachelors Degree
Closing soon September 2026

Course Overview

The Financial Mathematics BSc at the University of Sheffield equips you with the essential quantitative skills and specialist knowledge demanded by the global finance industry. You will explore the intricate mathematical principles underpinning banking, insurance, and accountancy, preparing you for a dynamic career where analytical prowess is paramount. This undergraduate degree is ideal for those with a strong aptitude for mathematics and an interest in applying these skills to complex financial challenges, offering a robust foundation in both financial concepts and computational methods.

You will study this programme full-time on campus over three years, engaging with core modules in probability, stochastic processes, and derivatives alongside programming for finance and economics. Throughout your degree, you will develop your problem-solving abilities through practical application, culminating in a dissertation or independent project in your final year where you can research a specific area of financial mathematics. Upon graduation, you will be well-prepared for roles in quantitative analysis, risk management, actuarial science, and investment banking.

Course Curriculum & Details

Detailed information for serious evaluators

Program Overview

This BSc program in Financial Mathematics provides a comprehensive education in the quantitative methods essential for finance. Across three years, students will build a strong foundation in probability, calculus, algebra, and economics, alongside essential programming skills. The curriculum progresses to advanced topics such as derivatives, stochastic processes, risk management, and stochastic calculus, culminating in an independent research project.

1 Year 1 (First Year)

Probability and Data Science
Mathematics Core (Algebra, Calculus, Analysis)
Financial Mathematics 1 – Introduction to financial concepts and mathematical tools
Economics Principles – Micro and macro foundations
Programming for Finance – Coding and computational methods

2 Year 2 (Second Year)

Financial Mathematics 2 – Derivatives, risk, and pricing models
Stochastic Processes – Random processes in finance
Statistical Inference – Estimation and hypothesis testing
Linear Algebra and Differential Equations (advanced applications)
Economics for Finance – Intermediate economic theory

3 Year 3 (Final Year)

Advanced Financial Mathematics – Pricing, hedging, and stochastic calculus
Risk Management – Quantitative risk analysis and regulation
Dissertation / Independent Project – Research in financial mathematics

Cost & Affordability

A clear picture of what this course will cost you

Program Costs

First Year Fee Tuition fee
USD 38,063.00
Second Year Fee Tuition fee
USD 38,063.00
Third Year Fee Tuition fee
USD 38,063.00
Total Program Cost Estimated total tuition
USD 114,191.00

Currency note: Program costs shown in USD based on the available tuition breakdown.

Living Costs

Accommodation
USD 667.00 - USD 2,267.00
Food & Groceries USD 3,222.00 - USD 4,028.00
Transport USD 806.00 - USD 3,222.00
Utilities & Bills USD 4,028.00 - USD 5,034.00
Estimated Total USD 8,056.00 - USD 11,278.00

Living cost estimates are based on Sheffield Campus.

Outcomes & Employability

What happens after you graduate

92%
Graduate Employment Rate Within 6 to 12 months of graduation

Common Graduate Roles

Accreditation & Assessment ServicesAerospace ManufacturingBrokerage & Trading & SecuritiesCommercial AviationCorporate Finance & TreasuryEarly Childhood & Primary EducationInvestment Management & Asset ManagementLean Manufacturing & Process ImprovementLogistics & Warehouse ManagementQuality Control & Assurance

Top Employers Hiring for this course

Aviva

Deloitte UK

EY

HBSC

Lloyds Banking Group

PwC

Rolls Royce

Why Study Financial Mathematics BSc at University of Sheffield

What makes this program stand out

September 2026 Closing soon

Next intake is in September 2026

Life at University of Sheffield in United Kingdom

What daily life looks like for international students

Language

English

Primary language everywhere

Climate

Mild & Rainy

10-20°C average, pack layers

Safety (Numbeo Safety Index)

Very Safe

Exeter is one of UK's safest cities

Frequently Asked Questions

Common questions about Financial Mathematics BSc at University of Sheffield

Can I work while studying?

International students in degree courses can work up to 20 hours per week during term time and full-time during breaks. No separate work permit is needed.

What English language score do I need for this course?

To meet the English language requirements, you can provide TOEFL scores of at least 88 overall, with specific minimums in each section. Alternatively, an IELTS overall score of 6.5 or a PTE overall score of 61 will also be accepted.

What jobs can I get after studying this course?

Graduates can pursue various roles, including Financial Analyst, Actuary, Investment Banker, Risk Manager, and Actuarial Consultant.

What will I actually study in this course?

Spend an immersive three years learning the principles and practices of the finance industry, and the fundamental maths behind banking, insurance, accountancy and more.

Jointly delivered by the University of Sheffield School of Mathematics and Statistics, the Department of Economics and the Management School, this financial mathematics degree teaches the numerical skills and specialist knowledge you need for your career in finance.

Your first year is about giving

When can I start — what are the intake months?

The Financial Mathematics BSc program has its intake in September each year. Make sure to apply in advance to secure your spot.
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