Financial Mathematics BSc (Hons) - 2017/8

Awarding body

University of Surrey

Teaching institute

University of Surrey

Framework

FHEQ Level 6

Final award and programme/pathway title

BSc (Hons) Financial Mathematics

Subsidary award(s)

Award Title
Ord Financial Mathematics
DipHE Financial Mathematics
CertHE Financial Mathematics

Professional recognition

Institute of Mathematics and its Applications (IMA)
This programme will meet the educational requirements of the Chartered Mathematician designation, awarded by the Institute of Mathematics and its Applications, when it is followed by subsequent training and experience in employment to obtain equivalent competences to those specified by the Quality Assurance Agency (QAA) for taught masters degrees.

Modes of study

Route code Credits and ECTS Credits
Full-time UGB10005 360 credits and 180 ECTS credits
Full-time with PTY UGB10005 480 credits and 240 ECTS credits

JACs code

G100, N300

QAA Subject benchmark statement (if applicable)

Mathematics, Statistics and Operational (Bachelor)

Other internal and / or external reference points

N/A

Faculty and Department / School

Faculty of Engineering and Physical Sciences - Mathematics

Programme Leader

BEVAN JJ Dr (Maths)

Date of production/revision of spec

22/06/2018

Educational aims of the programme

To provide a high quality teaching and learning environment that facilitates a steady progression from secondary level Mathematics to FHEQ Level 6, and to prepare students for a lifetime of learning

To give students training in transferable problem solving skills, logical and analytical thinking, with computing used as a tool in the learning process

To introduce students to a range of ideas and methods from classical and modern Mathematics informed by recent developments in the subject

To present implications and applications of mathematical and statistical thinking, and their role in other disciplines

To present appropriate theory, methods and applications in pure and applied Mathematics, informed by recent developments in those subjects where appropriate

Programme learning outcomes

Attributes Developed Awards Ref.
Demonstrate knowledge of the underlying concepts and principles associated with mathematics and statistics, including calculus and linear algebra CertHE
Demonstrate a reasonable level of skill in calculation, manipulation and interpretation of mathematical quantities within an appropriate context CertHE
Demonstrate an ability to develop and communicate straightforward lines of argument and conclusions reasonably clearly CertHE
Demonstrate an ability to make sound judgements in accordance with basic mathematical concepts CertHE
Demonstrate basic programming skills CertHE
Demonstrate knowledge and critical understanding of well-established mathematical concepts and principles DipHE
Demonstrate an ability to apply mathematical concepts and principles in a previously unseen context DipHE
Demonstrate knowledge of common mathematical techniques and an ability to select an appropriate method to solve mathematical problems DipHE
Demonstrate competent use of programming skills to solve mathematical problems DipHE
Demonstrate knowledge of the framework within which mathematical techniques and results are valid DipHE
Demonstrate detailed knowledge of advanced principles of selected areas of mathematics that they have chosen to study Ord
Demonstrate application of advanced mathematical techniques of selected areas of mathematics that they have chosen to study Ord
Demonstrate judgement in the selection and application of tools and techniques to solve mathematical problems, some of which are at the forefront of areas of mathematical knowledge Ord
Demonstrate the ability to construct a mathematical argument Ord
Understand the context within which mathematical techniques and results are valid Ord
Demonstrate systematic understanding of advanced principles of selected areas of mathematics that they have chosen to study BSc (Hons)
Demonstrate accurate application of advanced mathematical techniques of selected areas of mathematics that they have chosen to study BSc (Hons)
Demonstrate the ability to select an appropriate approach and use it accurately to solve mathematical problems, some of which are at the forefront of areas of mathematical knowledge BSc (Hons)
Demonstrate the ability to construct and develop a mathematical argument BSc (Hons)
Critically understand the context within which mathematical techniques and results are valid BSc (Hons)
A thorough understanding of core mathematical principles K
Well-developed problem solving and analytical skills K
A grounding in statistical reasoning K
An ability to use computers, both for scientific computation and for general applications K
An appreciation of the ways in which mathematical thinking can be utilised in the real world K
Acquisition of specialist knowledge and understanding, especially towards the later stages of the programme. K
A sound understanding of basic economic principles and a thorough grounding in the applications of mathematics to finance K
Analyse and solve mathematical problems proficiently C
Appreciate ways in which mathematical thinking can be utilised in the real world C
Work under supervision on a placement that requires mathematical skills C
Use computers and IT for data analysis and presentation, scientific computation and general purpose applications P
Information literacy skills, including the ability to research, summarise and understand mathematical topics and to reference it in an academically rigorous way T

Attributes Developed

C - Cognitive/analytical

K - Subject knowledge

T - Transferable skills

P - Professional/Practical skills

Programme structure

Full-time

This Bachelor's Degree (Honours) programme is studied full-time over three academic years, consisting of 360 credits (120 credits at FHEQ levels 4, 5 and 6). All modules are semester based and worth 15 credits with the exception of project, practice based and dissertation modules.
Possible exit awards include:
- Bachelor's Degree (Ordinary) (300 credits)
- Diploma of Higher Education (240 credits)
- Certificate of Higher Education (120 credits)

Full-time with PTY

This Bachelor's Degree (Honours) programme is studied full-time over four academic years, consisting of 480 credits (120 credits at FHEQ levels 4, 5, 6 and the optional professional training year). All modules are semester based and worth 15 credits with the exception of project, practice based and dissertation modules.
Possible exit awards include:
- Bachelor's Degree (Ordinary) (300 credits)
- Diploma of Higher Education (240 credits)
- Certificate of Higher Education (120 credits)

Programme Adjustments (if applicable)

N/A

Modules

Year 2 (with PTY) - FHEQ Level 5

Optional modules for Year 2 (with PTY) - FHEQ Level 5

Seven modules are compulsory at FHEQ Level 5. In Semester 2, students choose one from two modules.

Professional Training Year (PTY) - Professional Training Year

Module code Module title Status Credits Semester
MATP008 PROFESSIONAL TRAINING YEAR MODULE (FULL-YEAR WORK) Core 120 Year-long

Optional modules for Professional Training Year (PTY) - Professional Training Year

N/A

Opportunities for placements / work related learning / collaborative activity

Associate Tutor(s) / Guest Speakers / Visiting Academics N
Professional Training Year (PTY) Y
Placement(s) (study or work that are not part of PTY) Y Yes - MAT3017
Clinical Placement(s) (that are not part of the PTY scheme) N
ERASMUS Study (that is not taken during Level P) N
Study exchange(s) (that are not part of the ERASMUS scheme) Y Yes
Dual degree N

Other information

The Mathematics department provides the bulk of the modules for the Financial Mathematics degree. Other, specialist modules are provided by the School of Economics.

The MAT3017 placement consists of 30 hours spent working alongside practising teachers in a local school The placement is typically 3 hours per week for 10 weeks. After the placement is complete, students give a presentation to staff and peers describing the school they worked in and details of a piece of pedagogical project work (for example, planning and teaching a lesson, or producing an educational game etc.) In addition, a written report, a 5000 word essay and a supervising teacher’s report all contribute to the assessment of learning outcomes for this module.

Quality assurance

The Regulations and Codes of Practice for taught programmes can be found at:

https://www.surrey.ac.uk/quality-enhancement-standards

Please note that the information detailed within this record is accurate at the time of publishing and may be subject to change. This record contains information for the most up to date version of the programme / module for the 2017/8 academic year.