Mathematics with Finance

Mathematics with finance is a degree for students who want the intellectual depth of a mathematics education alongside the analytical tools to engage seriously with financial markets, instruments and institutions. Mathematics provides rigorous training in proof, analysis, modelling and quantitative reasoning, while finance introduces the theory and practice of how capital is allocated, risk is assessed and financial systems function. The combination is particularly powerful in a world where financial markets are driven by increasingly sophisticated mathematical models.

At the University of Exeter, this three-year full-time programme includes a sandwich year and a work placement, giving you structured professional experience in finance, banking, asset management or a related field before you graduate. Exeter is a partner of the CQF Institute, a globally recognised body supporting education in quantitative finance, and students benefit from membership that connects them to a professional community in the field.

You will study pure and applied mathematics, including real analysis, linear algebra, differential equations, probability and statistics, alongside financial mathematics, stochastic processes, derivatives pricing, portfolio theory and risk management. The mathematical depth of the programme distinguishes it from business finance degrees, equipping you with the formal tools to understand and contribute to quantitative finance at a serious level.

Graduates go on to careers in investment banking, asset management, quantitative analysis, actuarial science, risk management, financial technology, derivatives trading and financial modelling. The combination of mathematical rigour and financial knowledge is among the most valued in financial services. Postgraduate study in mathematical finance, financial mathematics, statistics or actuarial science is a common route for those who want to specialise further.