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Finance and Mathematics (Including Foundation Year)

Course overview

(BSc) Bachelor of Science
Finance and Mathematics (Including Foundation Year)
University of Essex
University of Essex
Essex Pathways
Colchester Campus
Honours Degree
Mathematics, Statistics and Operational Research

UK and EU applicants should have, or expect to have:

72 UCAS tariff points from at least two full A-levels, or equivalent.

Examples of the above tariff may include:

  • A-levels: DDD
  • BTEC Level 3 Extended Diploma: MMP

All applicants must also hold GCSE Maths and Science at grade C/4 or above.

Essex Pathways Department accepts a wide range of qualifications from applicants. If you are unsure whether you meet the entry criteria, please get in touch for advice.

Essex Pathways Department is unable to accept applications from international students. Foundation pathways for international students are available at the University of Essex International College and are delivered and awarded by Kaplan, in partnership with the University of Essex. Successful completion will enable you to progress to the relevant degree course at the University of Essex.

English language requirements for applicants whose first language is not English: IELTS 5.5 overall. Specified component grades are also required for applicants who require a Tier 4 visa to study in the UK.

Other English language qualifications may be acceptable so please contact us for further details. If we accept the English component of an international qualification then it will be included in the information given about the academic levels required. Please note that date restrictions may apply to some English language qualifications

If you are an international student requiring a Tier 4 visa to study in the UK please see our immigration webpages for the latest Home Office guidance on English language qualifications.

If you do not meet our IELTS requirements then you may be able to complete a pre-sessional English pathway that enables you to start your course without retaking IELTS.

Additional Notes

Our Year 0 courses are only open to UK and EU applicants. If you’re an international student, but do not meet the English language or academic requirements for direct admission to your chosen degree, you could prepare and gain entry through a pathway course. Find out more about opportunities available to you at the University of Essex International College.

External Examiners

Dr Tania Clare Dunning
The University of Kent
Reader in Applied Mathematics

External Examiners provide an independent overview of our courses, offering their expertise and help towards our continual improvement of course content, teaching, learning, and assessment. External Examiners are normally academics from other higher education institutions, but may be from the industry, business or the profession as appropriate for the course. They comment on how well courses align with national standards, and on how well the teaching, learning and assessment methods allow students to develop and demonstrate the relevant knowledge and skills needed to achieve their awards. External Examiners who are responsible for awards are key members of Boards of Examiners. These boards make decisions about student progression within their course and about whether students can receive their final award.

eNROL, the module enrolment system, is now open until Monday 21 October 2019 8:59AM, for students wishing to make changes to their module options.


Core You must take this module You must pass this module. No failure can be permitted.
Core with Options You can choose which module to study
Compulsory You must take this module There may be limited opportunities to continue on the course/be eligible for the degree if you fail.
Compulsory with Options You can choose which module to study
Optional You can choose which module to study

Year 0 - 2019/20

Component Number Module Code Module Title Status Credits
01 IA112-3-PS Essential Mathematics Core 30
02 IA191-3-PS Research and Academic Development Skills Core 30
03 IA115-3-PS Mathematical Methods and Statistics Core 30
04 IA106-3-PS Introduction to Economics Core 30

Year 1 - 2020/21

Component Number Module Code Module Title Status Credits
01 BE302-4-SP Introduction to Finance Core 15
02 EC111-4-FY Introduction to Economics Core 30
03 MA101-4-FY Calculus Core 30
04 MA108-4-SP Statistics I Core 15
05 MA114-4-AU Linear Mathematics Core 15
06 MA126-4-SP Financial Mathematics Compulsory 15
07 MA199-4-FY Mathematics Careers and Employability Compulsory 0

Year 2 - 2021/22

Component Number Module Code Module Title Status Credits
01 BE312-5-SP Quantitative Foundations of Finance Compulsory 15
02 BE311-5-SP Corporate Finance Compulsory 15
03 BE313-5-AU Portfolio Analysis Compulsory 15
04 EC202-5-FY Microeconomics (Intermediate) Compulsory 30
05 MA202-5-SP Ordinary Differential Equations Compulsory 15
06 MA200-5-AU Statistics II Compulsory 15
07 MA216-5-SP Survival Analysis Compulsory 15
08 MA199-5-FY Mathematics Careers and Employability Compulsory 0

Year 3 - 2022/23

Component Number Module Code Module Title Status Credits
01 BE331-6-SP The Pricing of Securities in Financial Markets Compulsory 15
02 MA831-6-FY or MA830-6-AU or MA830-6-SP plus one option from list Optional 30
03 Maths option from list Optional 15
04 MA311-6-SP Mathematics of Portfolios Compulsory 15
05 EC371-6-AU or EBS option from list Optional 15
06 EC372-6-SP or EBS option from list Optional 15
07 EBS option from list Optional 15
08 MA199-6-FY Mathematics Careers and Employability Compulsory 0

Exit awards

A module is given one of the following statuses: 'core' – meaning it must be taken and passed; 'compulsory' – meaning it must be taken; or 'optional' – meaning that students can choose the module from a designated list. The rules of assessment may allow for limited condonement of fails in 'compulsory' or 'optional' modules, but 'core' modules cannot be failed. The status of the module may be different in any exit awards which are available for the course. Exam Boards will consider students' eligibility for an exit award if they fail the main award or do not complete their studies.

Programme aims

The aims of this course are:

To enable students to acquire a broad understanding of finance and mathematics.

To equip students with the knowledge and skills that are currently in demand in mathematically oriented employment in business, commerce, industry, government service, the field of education and in the wider economy, and in particular in financial markets or corporate careers that involve financial decision-making.

To provide students with an academic training in the principles of accounting and finance.

To foster in students an appreciation of the appropriate level of abstraction and simplification needed to explore a range of issues.

To develop in students the ability to construct logical arguments and to communicate arguments clearly in writing.

To provide students with a foundation for further study and research.

To produce graduates who are mathematically literate and capable of producing a logical argument.

To provide teaching which is informed and enhanced by the research activities of the staff.

To encourage in students the acquisition of autonomous study skills and the adoption of an investigative approach to tackle problems in finance and mathematics to ensure their continuing professional development.

To allow students to acquire critical, analytical and research skills, problem-solving skills, and transferable skills.

To provide students with a foundation for further studies in finance, mathematics and allied disciplines.

Learning outcomes and learning, teaching and assessment methods

On successful completion of the programme a graduate should demonstrate knowledge and skills as follows:

A: Knowledge and understanding

Learning Methods:
Assessment Methods:

B: Intellectual and cognitive skills

Learning Methods:
Assessment Methods:

C: Practical skills

Learning Methods:
Assessment Methods:

D: Key skills

Learning Methods:
Assessment Methods:


The University makes every effort to ensure that this information on its programme specification is accurate and up-to-date. Exceptionally it can be necessary to make changes, for example to courses, facilities or fees. Examples of such reasons might include a change of law or regulatory requirements, industrial action, lack of demand, departure of key personnel, change in government policy, or withdrawal/reduction of funding. Changes to courses may for example consist of variations to the content and method of delivery of programmes, courses and other services, to discontinue programmes, courses and other services and to merge or combine programmes or courses. The University will endeavour to keep such changes to a minimum, and will also keep students informed appropriately by updating our programme specifications.

The full Procedures, Rules and Regulations of the University governing how it operates are set out in the Charter, Statutes and Ordinances and in the University Regulations, Policy and Procedures.

Should you have any questions about programme specifications, please contact Course Records, Quality and Academic Development; email: