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Mathematics, Statistics and Financial Economics

GL11 BSc (Hons) 3 years


This is a joint programme with the School of Economics and Finance. The first year consists of six modules of mathematics and statistics and two modules of economics; the second year provides four modules of mathematics and statistics and four modules of economics; and the final year includes at least three modules of mathematics and statistics and three modules of economics. Mathematics and economics are complementary subjects and, during the course of your studies, you will discover and be able to exploit the many links between them.

Mathematics is concerned with finding patterns and solving problems. Every day we encounter patterns, which can be described using mathematics, for example, in numbers, shapes or data. We can use mathematics to identify these patterns, solve problems, inspire new technologies and make informed decisions.

Mathematics is for people who are prepared to think logically and creatively and then explain those thoughts precisely. It is a demanding discipline: finding patterns and solving problems isn’t always easy, but discovering the correct answer to a difficult problem is very rewarding.

At university, you will discover a new world of concepts and ideas. You will encounter new kinds of mathematical objects and investigate their common features and abstract natures. But it is not all abstract: our statistics and finance modules are very much about the real world – you will use mathematical skills to extract information from data and draw conclusions.

Why study Mathematics, Statistics and Financial Economics at Queen Mary?

The School of Mathematical Sciences embraces pure mathematics, probability and statistics, complex systems and networks, dynamical systems and statistical physics, computing and finance. We are one of the largest mathematics departments in the UK, meaning we have experts available to teach a wide range of subjects. We offer:

  • Flexibility – in your first year, you will study a set of compulsory subjects, common to many of the degree programmes we offer. As you progress you can choose more specialised modules that reflect your particular interests. This means that you will graduate with a broad foundation in the mathematical sciences, but with the advantage of specialist knowledge.
  • Student support – you will have an academic adviser who will guide you through module choices and support you with any academic issues you have. Our Student Support Officer will be able to help with other aspects of university life; see i2 Keepin' it real – Maths student support.
  • Focus on employability – we offer you enhanced employability through various certification and training opportunities; see improve your employability.
  • Careers advice – we offer a number of careers events aimed specifically at mathematical sciences students; see careers and careers & work experience for Maths students.
  • Professional accreditation and exemptions – if you take the appropriate modules.


Year 1

Compulsory modules:

  • Essential Mathematical Skills
  • Calculus I and II
  • Principles of Economics
  • Geometry I
  • Introduction to Probability
  • Introduction to Statistics
  • Numbers, Sets and Functions
  • Microeconomics I

Year 2

Compulsory module:

  • Capital Markets 1
  • Games and Strategies
  • Applied Linear Algebra
  • Macroeconomics I
  • Microeconomics II
  • Probability Models
  • Statistical Methods
  • Statistical Modelling I

Year 3

Compulsory module:

  • Corporate Finance 1
  • Financial Markets and Institutions
  • Time Series
  • Statistical Theory

Options include:

  • Futures and Options
  • Corporate Finance 2
  • Financial Mathematics I, II and III
  • Statistical Modelling II
  • Third Year Project
  • Design of Experiments
  • Random Processes

For further details, see our current study programmes and modules.

Entry requirements

GCE A-levels

Typical grades required: AAA at A-level including Mathematics.

Additional requirements and excluded subjects: We accept all A-levels, including native languages, except General Studies, Critical Thinking and Use of Maths. We do not accept AS-levels. You must also have at least grade C in GCSE English Language, or equivalent.

International Baccalaureate

Subjects and grades required: 36 points total including Higher Level Mathematics at grade 6.

Vocational and other qualifications

We also accept a wide range of qualifications including some Foundation programmes, Irish Leaving Certificate, Scottish Highers and other Baccalaureates; please see this general information on Queen Mary entry requirements.

Further information

English language requirements for applicants from outside the United Kingdom

For general information you can call the Enquiries Hotline for free on 0800 376 1800 (from the UK only).

International students should contact the Admissions Office.
Tel: +44 (0)20 7882 5511

Learning and teaching

Each year you will normally take eight different modules. The majority are delivered via a combination of lectures and exercise classes. Some modules, such as Introduction to Statistics, have a practical element presented in one of our computer labs.

Independent study

For every hour spent at University you will be expected to complete additional hours of independent study.  Your individual study time could be spent preparing for, or following up on formal study sessions; reading; assessing data from experiments; completing lab reports; and revising for examinations.

The direction of your individual study will be guided by the formal study and laboratory sessions you attend, along with your reading and assignments.  However, we expect you to demonstrate an active role in your own learning by reading widely and expanding your own knowledge, understanding and critical ability.  Independent study will foster in you the ability to identify your own learning needs and determine which areas you need to focus on to become proficient in your subject area.  This is an important transferable skill and will help to prepare you for the transition to working life.


The majority of modules are assessed by an examination counting for at least 90 per cent of your marks; the remaining 10 per cent comes from a combination of tests and coursework. Coursework is set weekly or fortnightly and through this you receive regular feedback on your progress, although for most modules it is ‘formative’ and does not contribute to your total mark. Assessments are written, although project-type modules include a short presentation and may feature an oral examination. A final-year project is compulsory for an MSci programme but not for a BSc programme.

In addition to the normal Queen Mary progression hurdle, you must pass Essential Mathematical Skills to progress from the first to the second year of any Mathematical Sciences degree programme.

Fees and finance

Tuition fees for Home and EU students

2017 entry
Full-time £9,250

Tuition fees for International students

2017 entry
Full-time £15,900

You can either take out a Tuition Fee Loan (see Funding section below) to pay your fees or, if you are paying them yourself, you can pay in instalments.

Tuition fees for a year abroad or placement year on a full time undergraduate course will be a proportion of the full fee for the year in which you commence your time abroad or placement.

For information on field trip and other course related costs which are not included in your tuition fee, please contact the relevant Department/School.

See more general information about fees.

Tel: +44 (0)20 7882 7676


Queen Mary has a substantial package of scholarships and bursaries which will benefit around 50 per cent of our undergraduate student body.

Scholarships and Bursaries available at Queen Mary for Home/EU Students

There are a number of scholarships and bursaries available each year for home students. Visit our Bursaries and Scholarships page for more information.

Visit our Advice and Counselling website for more information about financial support.

Scholarships available at Queen Mary for International Students

There are a number of Scholarships available each year for International Students including bursaries and scholarships in a range of subject areas.

Find out more about international scholarships.

Some International students may also be eligible for a fee reduction.

Loans and Grants available to help with tuition fees and living costs

Student Finance England administers all grant and loans for your studies if you normally live in England.

If you live in WalesScotland or Northern Ireland you have an equivalent Student Finance department for your region.

Through Student Finance England, you can apply for (figures relate to programmes starting from September 2016):

  • A Tuition Fee Loan of up to £9,000 to pay all or part of your fees
  • A Maintenance Loan of up to £10,702 to help pay your living costs like rent, food and travel
  • Extra grants if you have a disability or you have children or an adult dependant
  • You might get a grant to cover some travel expenses if you normally live in England but study away from home. If you’re a medical or dental student you might also qualify for help with the costs of attending clinical placements in the UK.

Visit Student Finance Information to find out more about:

  • How to apply for student finance
  • What eligibility rules apply, including if you already have a degree or previous higher education study
  • What the income thresholds are and how much you might personally get for each element of Student Finance
  • What to do if you have problems getting your Student Finance

Other financial help on offer at Queen Mary

We offer one to one specialist support on all financial and welfare issues through our Advice and Counselling Service, which you can access as soon as you have applied for a place at Queen Mary.

Our Advice and Counselling Service also has lots of Student Advice Guides on all aspects of finance including:

  • Additional sources of funding
  • Planning your budget and cutting costs
  • Part-time and vacation work
  • Money for lone parents

For more information visit the Advice and Counselling service website, or call +44 (0)20 7882 8717.

Graduate Employment

Graduates from Queen Mary’s School of Mathematics go on to work in a wide variety of careers. Some apply their degree knowledge directly, entering careers in finance or statistics, whilst others transfer skills gained during study into areas such as information technology and logistics.

The national 2012 destination survey confirmed that 80% of graduates from the School of Mathematical Science were in employment and/or study six months after graduation, with 77% already working/studying at graduate level. Graduates from this School have a strong earning power, with a median salary of £20,576.

The broad range of skills gained through this course, coupled with multiple opportunities for extra-curricular activities and work experience, has enabled graduates to move into careers such as:

  • Cost Recovery Officer, Burren Energy ENI
  • Data Analyst, Brit Insurance
  • Graduate Trainee Scheme, London Borough of Tower Hamlets
  • Graduate Trainee Corporate Banker, Royal Bank of Scotland
  • Revenue Control Officer, Islington Council
  • Secondary School Teacher, Teach First
  • Tax Consultant, LECG
  • Trader, Barclays Capital
  • Trainee Actuary, Prudential
  • Trainee Financial Analyst, De Vere Private Equity

Throughout the course, students have access to an annual QM Careers and Enterprise Centre programme, to prepare them for internships and graduate level work. This includes employer led workshops on job applications and interviews as well as over 90 employer events to facilitate networks and help students to explore their options.

Students in the School of Mathematical Sciences are able to take advantage of a wide range of careers events. These include career forums with employers such as IBM and Deloitte, workshops on applications and interview skills as well as a Business and Finance Fair, IT and Technology Fair and 3 week ‘Focus on Finance’ programme with events about careers in consulting, insurance, banking and accountancy.

Opportunities for work experience are substantial given Queen Mary’s location between Canary Wharf, the City and the Olympic Village. Students are encouraged to build their work experience throughout their period of study, through, for example, our QProjects work experience scheme, our QRecruit internships and temporary work hub, the part time work Experience Works event and QMSU Provide volunteering services. Over 1400 vacancies are available to browse on the QM JobOnline vacancy site.

Queen Mary’s extensive campus also provides over 1200 on-campus job and volunteer opportunities ranging from E-learning Assistant to Gym Instructor and from Society President to Student Mentor.

Read more about our careers programmes and range of work experience opportunities on the QM Careers and Enterprise Centre pages.


Name: Nimesh Sanghrajka
Studied: BSc Mathematics, Statistics and Finance

Currently: "I am working as a Commercial Manager in the UK Corporate Banking division at the Royal Bank of Scotland/NatWest Group. I joined the Bank on a talent programme three months after my graduation. In my current role I look after the banking of commercial customers based in Central London whose turnover is in the region of £1m–£25m. The scheme only took 80 people nationwide, and I was one of 12 candidates to be successful for the central London region."

Why did you choose Queen Mary?

"I chose Queen Mary due to its standing as a top university. For Mathematics and Economics it is one of the best places to learn and develop analytical skills."

What did you gain from your time at Queen Mary?

"Queen Mary tested my ability to think and provided me with a platform from which to build a solid career in the financial capital of the world. The University of London name had a lot of weight when it came to the interview stage, and I firmly believe that I was successful in my application due to the skills I honed whilst at Queen Mary. The Careers Service was also exceptionally helpful when it came to submitting applications for jobs, and the mock interviews and advice I received were invaluable."

What are your career plans in the next five years?

"I hope to become a senior Relationship Manager looking after a portfolio of clients whose businesses turnover in the region of £25m+, continue to build my network of professional contacts and take on management duties." 

Georgia Midghall


“Being in the heart of the East End makes living more affordable and, of course, Brick Lane and Shoreditch are perfect for socialising and delving into all London has to offer in terms of culture and people. The College itself is a lot more social than others I’ve been to: everyone mixes. I didn't stay in halls in my first year but found it just as easy to meet people on campus due to its layout and the Students’ Union events.

“Our first-year lecture class is large and, at first, it seemed that you're given the information you have to work with and left to it. This panicked me, but to support our lectures we have coursework classes and tutorial sessions. These offer a more intimate learning environment and allow you to get a grip on the material. In fact, I think the best thing about the course is how much help there is. Not only do you have fellow students, but the learning resources (books, tutors, lecturers, coursework) cover exactly what you need to know.

“One of my favourite memories was in the first week. I went to meet a new friend by the canal and a few more people had already got chatting. I remember sitting on the bench surrounded by, what were at the time, strangers and being really happy with the people I’d met in such little time. Most of them are now my closest friends at uni.”

Laurence Bahrami


Why did you choose to study at Queen Mary?

“In the final two years, you are able to pick the majority of your own modules from a large list, so you can specialise in a specific field, which I think is good. The lecturers deliver clear and concise presentations and they are only too happy to help in seminars. They also have open office hours throughout the week. If the lecturers are busy for some reason, we have our own advisor, who can also help.

How did you find your academic and social experience at QMUL?

“Queen Mary has many different study areas from the newly refurbished Library, which caters for quiet study as well as group work, to the Hive, which is a vast space with computers and students working together in groups. And there is never a shortage of empty classrooms to work with friends in.

“I participate in rock climbing once a week (there is a local climbing wall) and also try to attend the gym at least four times a week. I have not yet joined any clubs or societies as I have been too busy socialising with friends made during Freshers’ Week and also busy with my studies.”


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