2026/27 Undergraduate Programme Catalogue

BSc Financial Mathematics

Programme overview

Programme code
BS-MATH/FM
UCAS code
GN13
Duration
3 Years
Method of Attendance
Full Time
Programme manager
Dr Graham Murphy
Contact address
G.J.Murphy@leeds.ac.uk
Total credits
360
School/Unit responsible for the parenting of students and programme
School of Mathematics
Examination board through which the programme will be considered
Relevant QAA Subject Benchmark Groups
Mathematics, Statistics and Operational Research, Finance, Accounting, Economics
Professional Body Offering Accreditation
YES: some exemptions from Institute and Faculty of Actuaries available, on satisfactory completion of specified modules

Entry requirements

Entry Requirements are available on the Course Search entry

Programme specification

The information on this page is accurate for students entering the programme in 2023/2024 or before. For students entering the programme from September 2024 or after, you can find the details of your programme:
BSc Financial Mathematics(For students entering from September 2024 onwards)

This programme is for students who have a strong interest in mathematics and statistics as well as in finance and economics. The programme will not only prepare you to pursue a career as a financial industry, but also in the wider sphere of risk-management and a variety of roles at the intersection of mathematics and finance.

Through the programme you will develop your understanding of mathematics, statistics, accounting, finance and economics. The emphasis on a rigorous understanding of the underlying principles coupled with opportunities to develop your professional skills will give you a strong foundation on which to build your future career.

Programme aims

Graduates of this programme will be

1. Technically competent in key areas of their field and prepared for a successful career in finance, accounting, mathematics and beyond.
2. Proactive problem solvers with an ability to formulate feasible solutions to complex financial and commercial scenarios.
3. Professional in their approach to ethical and practice dilemmas.
4. Appreciative of coherence, logical structure and applicability of mathematics.
5. Competent in the use of tools, including programming languages, libraries and specialist software, to solve problems and analyse data.
6. Aware of values of research and scholarship in mathematics

Year 1

[Learning Outcomes, Transferable (Key) Skills, Assessment]
View Timetable

Compulsory Modules

Candidates will be required to study the following compulsory modules:

CodeTitleCreditsSemesterPass for Progression
LUBS1235Introductory Financial Accounting10Semester 1 (Sep to Jan)PFP
LUBS1245Introductory Management Accounting10Semester 2 (Jan to Jun)PFP
LUBS1953Economic Theory and Applications for Finance20Semesters 1 & 2 (Sep to Jun)PFP
MATH1000Core Mathematics40Semesters 1 & 2 (Sep to Jun)PFP
MATH1013Computational Mathematics and Modelling20Semesters 1 & 2 (Sep to Jun)
MATH1700Probability and Statistics20Semesters 1 & 2 (Sep to Jun)PFP

Year 2

[Learning Outcomes, Transferable (Key) Skills, Assessment]
View Timetable

Compulsory Modules

Candidates will be required to study the following compulsory modules:

CodeTitleCreditsSemesterPass for Progression
LUBS2206Corporate Financial Management20Semesters 1 & 2 (Sep to Jun)
MATH2501Financial Mathematics20Semesters 1 & 2 (Sep to Jun)PFP
MATH2701Statistical Methods20Semester 2 (Jan to Jun)PFP
MATH2702Stochastic Processes10Semester 1 (Sep to Jan)
MATH2703Time Series10Semester 2 (Jan to Jun)

Optional Modules

Candidates will be required to study 20 credits from the following optional modules:

CodeTitleCreditsSemesterPass for Progression
MATH2003Investigations in Mathematics10Semester 1 (Sep to Jan)
MATH2120Rings and Polynomials10Semester 2 (Jan to Jun)
MATH2130Further Linear Algebra and Discrete Mathematics20Semester 1 (Sep to Jan)
MATH2350Vector Calculus and Partial Differential Equations20Semester 1 (Sep to Jan)
MATH2440Optimisation10Semester 1 (Sep to Jan)

Economics pathway:

Candidates on the Economics pathway will be required to study the following compulsory modules:

CodeTitleCreditsSemesterPass for Progression
LUBS2140Intermediate Microeconomics10Semester 2 (Jan to Jun)
LUBS2610Intermediate Macroeconomics10Semester 1 (Sep to Jan)

Accounting pathway:

Candidates on the Accounting pathway will be required to study one of the following modules:

CodeTitleCreditsSemesterPass for Progression
LUBS2291Financial Accounting and Reporting20Semesters 1 & 2 (Sep to Jun)
LUBS2295Intermediate Management Accounting20Semesters 1 & 2 (Sep to Jun)

Year 3

[Learning Outcomes, Transferable (Key) Skills, Assessment]
View Timetable

Students must enrol on exactly 120 credits, with at least 100 credits at Level 3. It is strongly advised that students take a maximum of 10 credits of Level 2 modules.

Compulsory Modules

CodeTitleCreditsSemesterPass for Progression
MATH3002Project in Mathematics40Semesters 1 & 2 (Sep to Jun)PFP
MATH3500Stochastic Calculus and Derivative Pricing20Semester 2 (Jan to Jun)

Optional Modules

Economics Pathways
Candidates on the Economics pathway will be required to select a branch to pursue from Economics-A, Economics-B, and Economics-C.

Economics-A
Candidates will be required to study 20 credits from each of Lists A, B and C.

Candidates may opt to replace 10 credits from one of List B or List C with a Discovery module.

List A:

CodeTitleCreditsSemesterPass for Progression
MATH3300Methods of Applied Mathematics20Semester 1 (Sep to Jan)
MATH3503Actuarial Mathematics 120Semester 1 (Sep to Jan)
MATH3701Statistical Modelling20Semester 1 (Sep to Jan)

List B:

CodeTitleCreditsSemesterPass for Progression
LUBS3505Advanced Macroeconomics10Semester 1 (Sep to Jan)
LUBS3620International Business Finance10Semester 1 (Sep to Jan)
LUBS3645Advanced Finance10Semester 1 (Sep to Jan)

List C:

CodeTitleCreditsSemesterPass for Progression
LUBS3005Advanced Microeconomics10Semester 2 (Jan to Jun)
LUBS3140Behavioural Finance10Semester 2 (Jan to Jun)
LUBS3655Professional Portfolio Management10Semester 2 (Jan to Jun)

Economics-B
Candidates will be required to study the following compulsory modules:

CodeTitleCreditsSemesterPass for Progression
LUBS3930Economics of Business and Corporate Strategy20Semesters 1 & 2 (Sep to Jun)

Candidates will be required to study 20 credits from List A, and 10 credits from each of Lists B and C. Candidates may opt to replace 10 credits from one of List B or List C with a Discovery module.

List A:

CodeTitleCreditsSemesterPass for Progression
MATH3300Methods of Applied Mathematics20Semester 1 (Sep to Jan)
MATH3503Actuarial Mathematics 120Semester 1 (Sep to Jan)
MATH3701Statistical Modelling20Semester 1 (Sep to Jan)

List B:

CodeTitleCreditsSemesterPass for Progression
LUBS3505Advanced Macroeconomics10Semester 1 (Sep to Jan)
LUBS3620International Business Finance10Semester 1 (Sep to Jan)
LUBS3645Advanced Finance10Semester 1 (Sep to Jan)

List C:

CodeTitleCreditsSemesterPass for Progression
LUBS3005Advanced Microeconomics10Semester 2 (Jan to Jun)
LUBS3140Behavioural Finance10Semester 2 (Jan to Jun)
LUBS3655Professional Portfolio Management10Semester 2 (Jan to Jun)

Economics-C
Candidates will be required to study the following compulsory modules and 10 credits of Discovery modules:

CodeTitleCreditsSemesterPass for Progression
LUBS3505Advanced Macroeconomics10Semester 1 (Sep to Jan)
LUBS3620International Business Finance10Semester 1 (Sep to Jan)
LUBS3645Advanced Finance10Semester 1 (Sep to Jan)
MATH3702Multivariate Analysis and Classification20Semester 2 (Jan to Jun)

Accounting Pathways
Candidates on the Accounting pathway are required to select a branch to pursue from Accounting-A and Accounting-B.

Accounting-A
Candidates will be required to study 20 credits from List A, and 40 credits from List B. Candidates may opt to replace 10 credits from List B with a Discovery module.

List A:

CodeTitleCreditsSemesterPass for Progression
MATH3300Methods of Applied Mathematics20Semester 1 (Sep to Jan)
MATH3503Actuarial Mathematics 120Semester 1 (Sep to Jan)
MATH3701Statistical Modelling20Semester 1 (Sep to Jan)

List B:

CodeTitleCreditsSemesterPass for Progression
LUBS3140Behavioural Finance10Semester 2 (Jan to Jun)
LUBS3620International Business Finance10Semester 1 (Sep to Jan)
LUBS3645Advanced Finance10Semester 1 (Sep to Jan)
LUBS3655Professional Portfolio Management10Semester 2 (Jan to Jun)

Accounting-B
Candidates will be required to study the following compulsory module:

CodeTitleCreditsSemesterPass for Progression
LUBS3550Auditing and Assurance Services20Semesters 1 & 2 (Sep to Jun)

Candidates will be required to study 20 credits from List A, and 10 credits from each of Lists B and C. Candidates may opt to replace 10 credits from one of List B or List C with a Discovery module.

List A:

CodeTitleCreditsSemesterPass for Progression
MATH3300Methods of Applied Mathematics20Semester 1 (Sep to Jan)
MATH3503Actuarial Mathematics 120Semester 1 (Sep to Jan)
MATH3701Statistical Modelling20Semester 1 (Sep to Jan)

List B:

CodeTitleCreditsSemesterPass for Progression
LUBS3620International Business Finance10Semester 1 (Sep to Jan)
LUBS3645Advanced Finance10Semester 1 (Sep to Jan)

List C:

CodeTitleCreditsSemesterPass for Progression
LUBS3140Behavioural Finance10Semester 2 (Jan to Jun)
LUBS3655Professional Portfolio Management10Semester 2 (Jan to Jun)

Discovery Modules

Last updated: 12/05/2026 16:42:23

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