Financial Mathematics

Heriot-Watt University

If you’re looking for a career in the world of finance and love mathematical challenges, then a BSc in Financial Mathematics is the degree for you. Just as civil engineering deals with the design, construction and maintenance of buildings and roads, financial mathematics is concerned with the design, construction, and maintenance of financial products. Careers in financial mathematics offer some of the best salaries of all professions, and graduates working in this area thrive on being presented with interesting challenges on a day-to-day basis.Our Financial Mathematics programme develops the skills and knowledge required by the modern investment and asset management industry, where structured finance and relative value trading strategies dominate. The emphasis is on developing a range of practical skills relevant to the increasingly mathematical and ever-evolving world of contemporary finance.Financial Mathematics graduates are in demand for careers in banking, investments, trading, or risk management in any business sector.Our programmes are designed with flexibility in mind, so if you fancy a change of direction you can transfer to a range of other mathematical, statistical or actuarial programmes during the first two years.What Financial Mathematicians doThey manage financial risk and design new financial productsThey are experts in deciding which assets to choose to fit the investment needs of their clientsThey do this by analysing the past and modelling the futureThey apply financial mathematics, probability, statistics, economics, and finance to solve problems in banking and investmentPotential career pathsBusiness, Research and Administrative professionalsFinance professionals

Actuarial Mathematics and Statistics