Mathematics with Finance BSc Honours

 

Clearing - How to apply

What is Clearing?

Each year, universities may have spaces left on their courses after the application window has closed in June. 

UCAS Clearing is your opportunity to snap up one of these places, even if you didn't apply to the university prior to the June deadline. 

It also gives you a second chance to go to university if you didn't get the grades you needed for your firm and insurance offers. 

How do I get in touch?

Our Clearing entry requirements may differ from those advertised – contacting our friendly advisers is the best way to find out if you’re eligible for a place. 

You can get in touch through live chat or our hotlines. Call us on 0800 073 5050, or if you're an International student calling from outside the UK, call: +44 191 222 5000.

Not available in Clearing

This course is not available in Clearing 2026.

This means there are no spaces available for Clearing 2026. If you can't find vacancies in your original course or subject area, try exploring other subjects in a related field.

Search our courses in Clearing

Course overview

Mathematics drives modern finance: from pricing assets to managing risk, it shapes the decisions that power global markets.

Our Mathematics with Finance BSc combines rigorous mathematics and statistics with real-world financial insight. You’ll develop analytical skills that employers in banking, investment and financial services value highly.

You’ll spend most of your time building strong foundations in mathematics and statistics. Alongside this, you’ll study accountancy and corporate finance, applying quantitative thinking to financial decision-making.

You’ll take core modules from our mathematics and statistics programmes, then apply your knowledge to specialist financial topics such as:

• financial modelling
• asset pricing
• portfolio investment
• money and banking
• derivative markets

Corporate finance modules, including interpreting company accounts and international financial management, bring theory and practice together.

Why study Mathematics with Finance BSc at Newcastle?

You’ll learn in a supportive, people-focused environment that helps you thrive from day one:

• You’ll benefit from our dedicated Transition team, who'll help you move confidently from school to university-level study, so you can settle in quickly and succeed
• High levels of contact time mean you’ll spend more time learning with others
• Our academic staff are friendly, approachable, and committed to your progress
• Your business-focused modules take place at Newcastle University Business School, which holds triple-crown accreditation, held by only top 1% of business schools worldwide
• You’ll benefit from the School's strong connections with industry and their dedicated Careers team.

Download information about this course as a PDF

Quality and ranking

Professional accreditation and recognition

Professional accreditation review and recognition of professional qualifications in Europe

Professional accreditations are reviewed regularly by professional bodies to ensure they meet the latest industry practices and regulatory standards. This keeps your degree rigorous, relevant, and highly valued by employers, providing a clear pathway into your chosen career.

If you are studying an accredited degree and considering a career in Europe after graduation, it is important to stay informed about international standards. The best resource for current information is the UK Government's guidance on recognition of UK professional qualifications in EU member states.

This official resource provides essential details on:

• whether your profession is regulated in another country.
• the specific steps you need to take to practice abroad.
• which organisations you should contact to begin the process.

What you'll learn

Modules

The information below is intended to provide an example of what you will study.

Most degrees are divided into stages. Each stage lasts for one academic year, and you'll complete modules totalling 120 credits by the end of each stage. 

Full details of the modules on offer will be published through the Programme Regulations and Specifications ahead of each academic year. This usually happens in May.

Our teaching is informed by research. Course content may change periodically to reflect developments in the discipline, the requirements of external bodies and partners, and student feedback.

You'll spend two-thirds of your time studying:

• pure mathematics
• applied mathematics
• probability
• statistics

You will also get an introduction to financial accounting and management accounting and finance. By the end of this stage, you'll have a broad overview of finance in business.

Modules

Compulsory Modules	Credits
Introduction to Financial Accounting	20
Introduction to Management Accounting and Finance	20
Introductory Algebra	20
Real Analysis	10
Introduction to Probability and Statistics	20
Introductory Calculus and Differential Equations	20
Multivariable Calculus	10

In this year, you'll:

• learn about methods of corporate finance and choose further 20 credits of optional modules from a list of modules including interpreting company accounts, asset pricing and portfolio investment and money and banking
• explore statistical inference and regression
• choose 60 credits of optional modules from a range of pure mathematics, applied mathematics and statistics modules

Modules

Compulsory Modules	Credits
Responsible Corporate Finance	20
Statistical Inference	10
Regression	10

Optional Modules	Credits
Interpreting Company Accounts	20
Frontiers in Data Science A	10
Asset Pricing and Portfolio Investment	20
Money and Banking	20
Linear Algebra	10
Complex Analysis	10
Groups and Rings	10
Curves and Surfaces	10
Coding Theory	10
Numerical Methods with Python	10
Stochastic Processes	10
Data Visualisation	10
Probability	10
Principles of Quantum Mechanics	10
Vector Calculus	10
Differential Equations, Transforms and Waves	10
Fluid Dynamics I	10
Mathematical Biology	10

You'll learn about case studies in finance, accounting and business as well as international financial management. We will also introduce you to stochastic financial modelling.

Choose 40 credits of optional modules from a list of modules including case studies in finance, accounting and business, derivative markets, international financial management and financial institutions: measuring and managing financial risks.

Modules

Compulsory Modules	Credits
Case Studies in Finance, Accounting and Business	20
International Financial Management	20
Stochastic Financial Modelling	10

Optional Modules	Credits
Clinical Trials	10
Decision Modelling for Health Data Science	10
Topics in Medical Statistics and Health Data Science	10
Curves and Surfaces	10
Coding Theory	10
Numerical Methods with Python	10
Global Education in Mathematics and Statistics	10
Group Theory	10
Linear Analysis	10
Matrix Analysis	10
Metric Spaces and Topology	10
Number Theory and Cryptography	20
Matrix Representations of Groups	10
Experimental Design	10
Foundations of Machine Learning	10
Extreme Value Theory	10
Time Series	10
Survival Analysis	10
Statistical Genetics	10
Mathematical Statistics	10
Statistical Modelling	10
Bayesian Statistics and Decision Theory	10
Markov Processes	10
Principles of Quantum Mechanics	10
Mathematical Biology	10
Advanced Quantum Mechanics	10
Classical Fields	10
Quantum Information	10
Methods for Differential Equations	10
Fluid Dynamics II	10
Relativity and Fundamental Particles	10
Hydrodynamic and Climate Instabilities	10
Variational Methods and Lagrangian Dynamics	10
Career Development for final year students	20

Information about these graphs

We base these figures and graphs on the most up-to-date information available to us. They are based on the modules chosen by our students in 2025-26.

Teaching time is made up of:

• scheduled learning and teaching activities. These are timetabled activities with a member of staff present.
• structured guided learning. These are activities developed by staff to support engagement with module learning. Students or groups of students undertake these activities without direct staff participation or supervision

How you'll learn

Teaching methods

You’ll learn through a mix of interactive teaching and guided practice, designed to help you build confidence and think independently, including:

• lectures that introduce key concepts clearly and connect theory to real-world applications
• problem classes where you apply ideas, test solutions, and develop rigorous problem-solving skills
• tutorials and drop-in sessions that offer personalised support, space to ask questions, and regular feedback
• practical computer classes and computer-based assessments, where you use tools such as R and Python to explore data and solve mathematical problems
• data analysis activities that help you interpret results, draw conclusions, and communicate your findings with clarity

Assessment methods

You'll be assessed through a combination of:

• 

  Assignments – written or fieldwork

• 

  Examinations – practical or online

Skills and experience

Practical skills

Build advanced mathematical and computational expertise that sets you apart from graduates of non-quantitative finance degrees.

You’ll work with R and Python to analyse data, test models, and solve complex mathematical and financial problems. You’ll apply these techniques to areas such as asset pricing, portfolio analysis, and risk modelling, developing in-demand skills valued by employers across a range of industries.

Business skills

Throughout your degree, you’ll develop advanced professional skills that complement your mathematical expertise. You'll learn to:

• communicate complex quantitative analysis clearly in technical reports and executive summaries
• present data-driven insights to both specialist and non-specialist audiences
• evaluate financial information critically and support decisions with evidence
• work collaboratively on challenging projects, managing time and priorities effectively

You'll have the opportunity take part in an optional industry project or apply for a year-long work placement, applying your skills in a professional setting and gaining valuable insight into the sector.

Students studying this course have completed a placement year at companies such as:

• GlaxoSmithKline
• Clifford Chance
• National Audit Office
• EY
• Johnson & Johnson
• Aviva

Support

We take your health and wellbeing seriously and are committed to supporting you throughout your studies so you can fulfil your potential at university. This support includes:

• an adviser who is an academic member of staff who can help you with academic and personal issues throughout your degree
• a peer mentor scheme which pairs you with a current student from your course to help you navigate your first year at university
• a student-staff committee, to give you an opportunity to have a say in how your degree works
• a School-based Student Wellbeing Adviser who can offer comprehensive listening and support and signpost you to other University support services or external support agencies

Transition Team

A dedicated member of the team will be there to support you as you move from school to university study.

The Transition Officer works with Foundation and Stage 1 undergraduates to provide:

• Year 1 pastoral and academic support
• attendance and academic performance monitoring
• weekly drop-ins

You'll also benefit from our:

• induction programme, including social events, to help you settle in quickly
• activities and events run by our student-run society, MathSoc
• homework classes to help with assignments

View our video about the Transition Team in the School of Mathematics, Statistics and Physics. 

Opportunities

Study abroad year

Experience life in another country by choosing to study abroad as part of your degree. You’ll be encouraged to embrace fun and challenging experiences, make connections with new communities and graduate as a globally aware professional, ready for your future.

You can choose to spend up to a year studying at a partner institution overseas. Our overseas partner institutions include:

• Universiteit Leiden, Leiden, Netherlands
• Technisches Universitat Munchen, Munich, Germany
• Institut National Des Sciences Appliques De Rennes, Rennes, France
• Lappeenranta University of Technology, Lappeenranta, Finland
• Humboldt-Universität zu Berlin, Berlin, Germany

There are also lots of options in North America, Australia and Asia, including:

• State University of New York (SUNY) Buffalo, Buffalo, USA
• University of New South Wales, Sydney, Australia
• Hong Kong University of Science and Technology, Clear Water Bay, Hong Kong
• National University of Singapore, Singapore
• University of Florida, Florida, USA
• San Jose State University, California, USA
• Korea University, Seoul, South Korea
• National Taiwan Normal University, Taipei, Taiwan

During your time studying abroad, you will select from a range of modules offered by your host university. Alongside taking some subject-relevant modules, you will be given greater flexibility to choose modules from different disciplines.

If you choose to study abroad, it will extend your degree by a year.

Short-term global opportunities

During your degree, you can take part in short-term global opportunities in locations such as:

• USA
• Cyprus
• Hong Kong
• Singapore
• Sri Lanka

The activities range from four days to eight+ weeks, and include:

• summer schools
• internships
• volunteering
• experiential learning

Funding is available to support students who want to participate. Hear from our students who took part in a short-term global opportunity.

View our video about study abroad in the School of Mathematics, Statistics and Physics. 

Work placement

Apply your practical skills, increase your confidence and gain real-life work experience to accelerate your career. Take a 9-12-month industrial placement in the UK or abroad. Work placements usually take place in stage 3 of your studies and extend your degree by one year.

Find out more about work placements.

Your future

Join a network of successful graduates

This Mathematics with Finance BSc can provide a route into various careers across a broad range of industries. Previous graduates have gone into roles within 15 months of graduating:

• Financial Analyst at Amazon
• Portfolio Services Associate at the Bank of New York
• Programmer/Analyst at GlaxoSmithKline
• Actuarial Analyst at Aon Software
• Developer at Scott Logic
• Analyst at Mazars Cloud
• Engineer at HSBC
• Data Analyst at Oliver Wyman
• Trainee Financial Advisor at Lumley Baxter Asset Management
• Accounts Associate at Azets Holdings

Further study

This degree provides a pathway to Master's and PhD-level study in a variety of fields. This depends on the optional modules you choose.

As a Mathematics with Finance graduate, you can pursue advanced research in areas such as:

• financial mathematics
• investment analysis
• risk management
• econometrics
• quantitative finance
• financial engineering

 

Careers support

You'll be supported by the University Careers Service and Learning Partnerships team from day one, to ensure you are career-ready. You’ll benefit from:

• Guest lectures from alumni and industry built into modules
• Career-planning sessions and one-to-one support from award-winning careers consultants
• Employer engagement through on-campus events and workshops
• Access to the Maths, Stats, and Physics Employability resource, featuring opportunities, news, and vacancies
• Optional Stage 3 module in Career Development to further enhance employability

Careers for mathematicians and statisticians

Mathematicians and statisticians are in increasing demand across a wide variety of sectors. Beyond traditional finance roles, employers in technology, healthcare, artificial intelligence, cybersecurity, data science, and engineering seek mathematical expertise to drive innovation and informed decision-making.

Employability is embedded throughout your degree, with opportunities to:

• Connect with alumni and employers each year
• Gain practical experience through guest lectures, workshops, and industry challenges
• Develop professional networks and career-focused skills

Recent student activities include:

• guest lecture on careers in data at NHS
• industry lecture from Northern Powergrid
• workshop by Atom bank Oliver Wyman
• Data Challenge and guest lecture panel session with placement students guest lecture from Kinewell Energy on Fluid Dynamics

Benefit from strong industry links

You'll also benefit from our well-established links. Our industrial advisory board members and research colleagues influence and inform our curriculum and include representatives from businesses such as:

• Advanced Engineering Solutions
• Atkins Realis
• Azets
• Arup
• Big Spark
• Centre for Process Innovation
• Department for Environment, Food & Rural Affairs (DEFRA)
• Draeger
• National Audit Office
• National Nuclear Laboratory
• Nissan
• North Star Ventures
• Northern Gas Networks
• Northumbria Healthcare
• Roche
• Rosen Group
• Royal Meteorological Society
• Sage plc
• York & North Yorkshire Office for Policing, Fire, Crime and Commissioning

 

Careers support

The School of Mathematics, Statistics and Physics is supported by Careers Service and the Learning Partnerships team to support your career readiness from the moment you arrive.

You'll benefit from:

• guest lectures from alumni and industry built into the modules
• career-planning sessions from award-winning Careers service team employers regularly visiting campus and the School

There is also a Maths, Stats and Physics Employability resource which brings you the latest opportunities, adverts and news.

There is also the popular optional Stage 3 module in Career Development if you wish to further enhance your employability.

Our Careers Service is one of the largest and best in the country, and we have strong links with employers. We provide an extensive range of opportunities to all students through our ncl+ initiative.

Visit our Careers Service website

Facilities and environment

Facilities

You'll have access to the facilities in both the:

• School of Mathematics, Statistics and Physics, based in the Herschel Building
• Newcastle University Business School, based in a dedicated learning environment in the Newcastle Helix

A state-of-the-art learning environment will support your studies and you'll have access to extensive IT facilities for teaching and self-study, including:

• computer-based exercises with instant review of model solutions
• problem-solving video tutorials
• recording system for video capture of lectures, which you can download and watch again to help with your revision
• the Business School's Bloomberg Financial Lab and Experimental and Behavioural Economics Lab

The Herschel Building and Business School also have dedicated study and social spaces, and a computing area.

The Herschel Building

Tuition fees and scholarships

Tuition fees for academic year 2027-2028

Qualification: BSc Honours
Home students full time 3 years	Tuition fees (Year 1) £10,050
International students full time 3 years	Tuition fees (Year 1) 27,300

Home Fee Students

Tuition fees are payable for each year of your course. These fee limits can change each academic year and are set by the government.  

Our 2027/28 full-time undergraduate fees for home-fee paying students are £10,050. 

These fees apply to new and continuing students in each academic year. 

As a general principle, you should expect the tuition fee to increase in each subsequent academic year of your course, subject to government regulations on fee increases and in line with inflation.

Read more about fees and funding

International Fee Students

Depending on your residency history, if you’re a student from the EU, other EEA or a Swiss national, with settled or pre-settled status under the EU Settlement Scheme, you’ll normally pay the ‘Home’ tuition fee rate and may be eligible for Student Finance England support.

EU students without settled or pre-settled status will normally be charged fees at the ‘International’ rate and will not be eligible for Student Finance England support.

If you are unsure of your fee status, check out the latest guidance.

As a general principle, you should expect the tuition fee to increase in each subsequent academic year of your course, subject to government regulations on fee increases and in line with inflation.

Read more about fees and funding

Scholarships

We support our EU and international students by providing a generous range of Vice-Chancellor's automatic and merit-based scholarships. See our undergraduate scholarship page for more information.

Year abroad and additional costs

For programmes where you can spend a year on a work placement or studying abroad, you will receive a significant fee reduction for that year. 

Some of our degrees involve additional costs which are not covered by your tuition fees.

Scholarships

Find out more about:

• scholarships for UK, EU and international students
• Student Loans and Government financial support for UK and EU students

How to apply

Apply through UCAS

To apply for undergraduate study at Newcastle University, you must use the online application system managed by the Universities and Colleges Admissions Service (UCAS). All UK schools and colleges, and a small number of EU and international establishments, are registered with UCAS. You will need:

• the UCAS name and institution codes for Newcastle University (NEWC/N21)
• the UCAS code for the course you want to apply for
• the UCAS 'buzzword' for your school or college

If you are applying independently, or are applying from a school or college which is not registered to manage applications, you will still use the Apply system. You will not need a buzzword.

Apply through UCAS

International students can apply through an agent

International students often apply to us through an agent. Have a look at our recommended agents and get in touch with them.

Visit our International pages