About Bsc (hons) Financial Mathematics in Heriot Watt University, Edinburgh
If you are looking for a career in the world of finance and love mathematical challenges, then BSc (Hons) 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. It is well known that careers in financial mathematics offer some of the best salaries of all professions, and graduates working in this area thrive on being offered many 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-changing world of contemporary finance.
Financial Mathematics isn't just for aspiring bankers. Graduates are also attractive to the treasury function of international corporations and to the trading arm of commodities companies.
Students on the Financial Mathematics degree follow the same programme as Actuarial Science students for the first two years. The programmes diverge in third year and in the fourth year Financial Mathematics students will be able to study courses alongside Master's students on the Quantitative Finance and Mathematics programme. The aim is for Financial Mathematics graduates to acquire a skill set comparable to those graduating with a Master's degree.
Entry requirements
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Year 1
Standard entry requirements
- Highers AAAB including Mathematics at A
- A-Levels AAB - AAA including Mathematics at A
- Int. Baccalaureate 28 points with higher level Mathematics at 6
- BTEC DDD including sufficient Mathematics
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Minimum entry requirements*
- Highers ABBC including Mathematics at A
- A-Levels ABC including Mathematics at A
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* Minimum: under our Fair Access Policy, we will relax our standard entry requirements for some Scottish students depending on their circumstances. Our minimum requirements will apply if you:
- live in an area within the Scottish Index of Multiple Deprivation lowest 20% (SIMD20), or
- are care experienced.
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We can also make exceptions for some Scottish students with grades above minimum but below standard. Read more about our Minimum and standard entry requirements
Year 2
- Advanced Highers AAB including Mathematics at A plus excellent Highers
- A-Levels AAA including Mathematics
- Int. Baccalaureate 30 points with higher level Mathematics at 7
- BTEC DDD including sufficient Mathematics
- Global College Successful completion of Bachelors Degree Accelerator Foundation - Mathematical and Computer Science
Heriot-Watt University Highlights
Year of Establishment |
1821 |
University Type |
Public |
Campus Setting |
Suburban |
Establishment Year |
1966 |
Endowment |
£8.9 million |
Total Enrolment |
30,000+ |
Mode of Program |
Full time, distance and online |
Graduate job rate |
80% |
Heriot-Watt University Average Tuition Fees And Other Expenses
International students applying through UCAS can find their exact tuition expenses by submitting the Fee Status Enquiry form. The cost of living will be determined by the course opted as well as the applicant's nationality. Edinburgh has a comparatively lower cost than other UK cities. Estimate cost of living on and off-campus for UK Campuses is tabulated below:
Expenses |
Cost in Pounds(Monthly) |
Hall Fees |
£500- £735 |
Food/Toiletries/Laundry |
£175 |
Social |
£140 |
Mobile Phone |
£25 |
Books and Equipment |
May vary |
Travel |
£1.80/per bus ticket |
Total |
£865- £1,100 |
Living in a rented flat may vary according to the type of accommodation and facilities being availed. The estimated monthly cost including food and travel is £923.