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 2024.

This means there are no spaces available for Clearing 2024. 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

This degree combines mathematics and statistics with practical financial applications. It’ll prepare you for a career in banking and finance.

You spend most of your time studying mathematics and statistics. In your remaining time, you’ll study accountancy and corporate finance. Your business-related subjects will take place at the Newcastle University Business School.

You’ll take core modules from our mathematics and statistics programmes. You’ll also take specialist topics with financial applications, such as financial modelling.

Corporate finance modules, including interpreting company accounts and international finance management complement this.

Download information about this course as a PDF

Your course and study experience - disclaimers and terms and conditions  
Please rest assured we make all reasonable efforts to provide you with the programmes, services and facilities described. However, it may be necessary to make changes due to significant disruption, for example in response to Covid-19.

View our Academic experience page, which gives information about your Newcastle University study experience for the academic year 2024-25.

See our terms and conditions and student complaints information, which gives details of circumstances that may lead to changes to programmes, modules or University services.

Quality and ranking

Professional accreditation and recognition

All professional accreditations are reviewed regularly by their professional body.

Modules and learning

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. 

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.

Optional module availability
Student demand for optional modules may affect availability.

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.

To find out more please see our terms and conditions

You'll spend two-thirds of your time studying mathematics and statistics.

We'll also focus on different financial applications. 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
Introductory Calculus and Differential Equations	20
Multivariable Calculus	10
Real Analysis	10
Introduction to Probability and Statistics	20

In this year, we'll introduce you to:

• statistical inference
• regression and stochastic modelling

You'll also choose 60 credits of optional modules.

Modules

Compulsory Modules	Credits
Interpreting Company Accounts	20
Responsible Corporate Finance	20
Introduction to Statistical Inference	10
Introduction to Regression and Stochastic Modelling	10

Optional Modules	Credits
Linear Algebra	10
Complex Analysis	10
Algebra	10
Groups and Discrete Mathematics	10
Vector Calculus	10
Differential Equations, Transforms and Waves	10
Fluid Dynamics I	10
Scientific Computation with Python	10
Introduction to Bayesian methods	10
Computational Probability and Statistics with R	10

You'll have a lot of freedom to study areas of interest during this stage. Many of these topics are linked to our research areas.

You'll choose 70 credits of optional modules.

Modules

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

Optional Modules	Credits
Foundations of group theory	10
Linear analysis	10
Coding Theory	10
Matrix analysis	10
Metric Spaces and Topology	10
Number Theory and Cryptography	20
Representation theory	10
Curves and Surfaces	10
Methods for Differential Equations	10
Quantum Mechanics	10
Fluid Dynamics II	10
Relativity and Fundamental Particles	10
Partial Differential Equations	10
Hydrodynamic and Climate Instabilities	10
Variational Methods and Lagrangian Dynamics	10
Mathematical Biology	10
Bayesian Inference	10
Linear Models	10
Statistical Inference	10
Generalized Linear Models	10
Big Data Analytics	10
Stochastic Processes	10
Topics in Statistical Modelling A	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 2023-24.

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

Teaching and assessment

Teaching methods

You'll be taught through:

• lectures
• problem classes
• tutorials and drop-in sessions
• practical computer classes and computer-based assessments
• data collection and analysis

Assessment methods

You'll be assessed through a combination of:

• 

  Assignments – written or fieldwork

• 

  Examinations – practical or online

Skills and experience

Business skills

Throughout your degree, you'll develop a range of transferable skills, such as:

• analytical writing
• report writing
• presentation skills

You can also work on an optional industry project or take a work placement. These opportunities are very flexible. They’re arranged throughout the academic year, during the summer period or with students taking a break from academic studies.

Projects with industry can prepare you for a career both outside and within academia, learning vital new skills and gaining new experiences.

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, Netherlands
• L-Universta ta' Malta, Malta
• Universitat Politècnica de Catalunya, Barcelona
• Technisches Universitat Munchen, Munich

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

• Buffalo, New York State
• McGill, Montreal
• University of New South Wales, Sydney
• Hong Kong
• Singapore

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 (eg Languages, Business)

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 countries 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.

Work placement

Get career ready with a work placement and leave as a confident professional in your field. You can apply to spend 9 to 12 months working in any organisation in the world, and receive University support from our dedicated team to secure your dream placement. Work placements take place between stages 2 and 3.

You'll gain first-hand experience of working in the sector, putting your learning into practice and developing your professional expertise.

If you choose to take a work placement, it will extend your degree by a year. Your degree title will show you have achieved the placement year.  Placements are subject to availability.

Find out more about work placements.

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 our state-of-the-art building 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 Herschel Building and Business School also have dedicated study and social spaces, and a computing area.

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:

• a personal tutor 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 dedicated School of Mathematics, Statistics and Physics-based Student Wellbeing Advisor who can offer comprehensive listening and support and signpost you to other University support services or external support agencies

Transition Officer

A dedicated staff member is here to support you in transitioning from school to university study.

The Transition Officer works with Stage 1 undergraduates to provide:

• Stage 1 pastoral and academic support
• attendance and academic performance monitoring
• Stage 1 induction
• 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

Your future

Join a network of successful graduates

Our Mathematics with Finance BSc graduates have gone on to become:

• actuarial analyst
• analyst
• audit and assurance associate
• insurance associate

Careers for mathematicians and statisticians

Mathematicians and statisticians have always been highly valued by employers for their analytical and problem-solving skills, and their ability to think logically and quantitatively.

These skills are in increasing demand beyond the traditional sectors of finance, with industries such as technology, healthcare, artificial intelligence, cybersecurity, data science, and engineering actively seeking mathematical expertise to drive innovation and decision-making.

Businesses have ever increasing volumes of data available and this data needs to be analysed and modelled. Our recent graduates are putting their mathematical skills into practice in sectors such as:

• utilities
• defence
• advanced manufacturing
• transportation
• energy
• sports analytics
• health economics

Maths graduates are also highly sought-after for roles in teaching.

You'll also develop key skills which are essential for the employment market such as communication, teamwork, planning, and organisation.

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:

• Nissan
• Northern Gas networks
• Office for National Statistics
• Centre for Life
• Met Office
• Department for Environment, Food and Rural Affairs (DEFRA)
• Drager Safety
• Enzen Global
• PTV Group
• USGS

Make a difference

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Careers support

You will have access to Newcastle University Business School's dedicated Careers team and Graduate Outcomes team who provide support, guidance, and dedicated resources.

They can support you with the following:

• one-to-one career guidance
• employer connections to grow your professional network and provide invaluable industry insights
• skills development, including access to workshops, information sessions, networking and sector- specific training
• support with recruitment processes, including CV and cover letters, application questions, and preparing for assessment centres and interviews

You'll also have the chance to attend a number of events run by the Business School including:

• regular industry insight employer panel events
• career hub takeovers, facilitating informal conversations with employers from diverse industries
• career workshops, delivered by our career consultants covering key themes, including making applications, effective networking and job search strategy
• Career Success Conference, an annual event targeting careers, including accountancy, finance, consulting, digital, creative, HR and marketing
• careers in Asia series, a programme of employer engagement opportunities, including in-person recruitment fairs in China

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 have access to the Mathematics, Statistics and Physics Employability resource which brings you the latest opportunities, adverts and news. We also hold guest lectures from alumni and industry so you can see how your learning will be applied in real-business challenges.

Careers service

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

Recognition of professional qualifications outside of the UK

From 1 January 2021 there is an update to the way professional qualifications are recognised by countries outside of the UK

Tuition fees and scholarships

Tuition fees for academic year 2025-2026

See our ‘Home Fee Students’ and ‘International Fee Students’ information below for more information on tuition fee levels, fee status and inflationary fee increases.

Qualification: BSc Honours
Home students full time 3 years	Tuition fees (Year 1) £9,535
International students full time 3 years	Tuition fees (Year 1) 25600

Home Fee Students

Home students starting in 2025 entry

Tuition fees are payable for each year of your course. £9,535 is the maximum fee that we are permitted to charge for home fee-paying students for the academic year 2025-26. This is set by the UK government.

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 here.

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

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