Mathematics and Financial Economics

Mathematics and financial economics is a rigorous combination for students who want to apply mathematical thinking directly to the questions that drive modern finance and economics. Financial economics is concerned with the pricing of assets, the behaviour of financial markets, investment decisions under uncertainty, risk management, and the macroeconomic conditions that shape financial systems. Mathematics provides the precise language in which these questions are formulated and the analytical tools with which they are investigated, from calculus and linear algebra to probability theory, statistics, and optimisation.

At the University of Dundee, this four-year full-time programme combines both pure and application-driven mathematics with financial economics, developing your ability to use mathematical models to understand and solve practical problems in economic and financial contexts. You will study core and advanced areas of mathematics alongside topics in financial theory, econometrics, and economic analysis, building a dual competence that is genuinely valued in quantitative finance, economic research, and policy analysis. The programme includes a year abroad, giving you the opportunity to study at a partner institution and to encounter international approaches to the discipline.

The typical entry tariff of 200 points reflects the mathematical preparation the programme demands.

Graduates are exceptionally well placed for careers in quantitative finance, investment banking, asset management, actuarial science, risk analysis, economic consultancy, and financial technology. The combination of mathematical rigour and economic understanding is particularly sought in roles that require the modelling of complex financial systems or the analysis of large datasets. Many graduates also go on to postgraduate study in financial mathematics, economics, or statistics, which provides the deeper specialisation needed for research and senior quantitative roles.