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Mathematics is essential for an understanding of modern Economics. A degree combining these two strongly-related disciplines at Aberystwyth University gives you the opportunity to study and understand economics and mathematics at depth and will enable you to acquire the technical aptitude and analytical skills to proceed to a successful career in finance, business and many other fields, or to proceed to further study.
95% of our Business and Administrative subject students were satisfied that the staff were good at explaining things, 88 for the sector. (NSS 2019)
97% of our graduates were in work or further study within 6 months, 3% more than Business and Administrative Studies graduates nationally (HESA 2018*)
Overview
As a Mathematics and Economics student in Aberystwyth you will be taught the essential disciplines of algebra, calculus, mathematical analysis and statistics. The Economics element of this course will enable you to discover the economic issues that impact on every-day life including: the creation of employment, inflationary pressures, international trade issues, the process of business competition, innovation and growth, the development of third world countries, the protection of natural resources and government policy-making and provide you with a thorough grounding in Econometrics.
Why study Mathematics/Economics at Aberystwyth University?
• Mathematics has been taught at Aberystwyth since 1872, so that the department builds on over 140 years of teaching excellence. • Economics is a vibrant and dynamic subject choice, in which to maximise your professional development we combine your studies with work experience and additional extra-curricular opportunities. • Both departments are active research centres with committed teachers who directly use the results of this world class knowledge to provide you with cutting edge knowledge of their subjects. • Our graduates are in high demand in industry with very positive graduate salary outcomes. • Several modules are available through the medium of Welsh; for further details please check out the modules available on this course.
Our Staff
All lecturers in the
Department of Mathematics are qualified to PhD level and are research active.
The majority have a postgraduate teaching qualification and new staff are
required to complete the PGCTHE. The department also employs a number of part
time tutors, with extensive teaching experience, and some student
demonstrators, who are selected from our undergraduate and postgraduate students.
Students at the Aberystwyth Business School are taught by lecturers and other teaching staff who are active researchers and expert practitioners in their chosen subject area.
Over 75% of full time members of teaching staff are qualified to PhD level. Most are currently research active, meaning that students benefit from being taught ‘new’ knowledge in their chosen field of study as well as recognized literature. The School also employs part-time and full time staff devoted purely to teaching. Many part-time staff combine teaching duties with consultancy and business activities, ensuring that students have access not only to up to date research but the latest applied knowledge.
Modules
Please note: The modules listed below are those currently intended for delivery during the next academic year and may be subject to change. They are included here to give an indication of how the course is structured.
* Also available partially or entirely through the medium of Welsh
Choose 60 credits (level 3) as advised by the mathematics department, subject to pre-requisites
Employability
What can I do with a Mathematics/Business and Management degree?
This combination of subjects provides graduates with a diverse professional range of employment that includes:
Statistical analysis and computational statistics
Government Economic Services
Aeronautical Engineering
HM Treasury
Risk Analysis and actuarial work
British Council
Information technology.
What opportunities are there at Aberystwyth University for me?
Employability is embedded across our teaching and tutoring to ensure that you are aware of, and build skills and competences, throughout your study time with us and can be explored here.
On completion of this degree you will have gained skills in the following: • Research and data analysis skills • Enhanced mathematical and computational skills • Innovative approaches to solving real-world problems • Effective problem-solving and creative thinking skills • The ability to work independently or as part of a team • Time-management and organisational skills • The ability to clearly communicate in both written and spoken forms • Self-motivation and self-reliance.
Learning & Teaching
What will I learn?
The breakdown below provides an illustration of what you might study during the three-year degree scheme.
In your first year you will explore topics in:
• Algebra and calculus
• Economic principles
• Probability and statistics
• Mathematical analysis.
In your second and third years you will be able to choose from a range of modules on topics which might include:
• Partial differential equations
• Linear Algebra
• Applied Statistics
• Stochastic Models in Finance
• Taxation
• Development of Economics
• Policy implications of economic theory
• Econometrics
• Macroeconomic behaviour and systems
• Statistical modelling and mechanics
• Development Economics
• Economics of labour and industrial relations
• International Trade and Trade Policy
How will I be taught?
This degree is delivered through lectures, tutorials and practicals. You will be assessed through a combination of coursework, presentations, reports and examinations. You will be assigned a personal tutor throughout your degree course, who will help you with any problems or queries, whether these are academic-related or personal issues. You should feel free to contact them at any time for help and advice.
Further information:
You will also have the opportunity to complete a Personal Development Plan (PDP) at Aberystwyth. This is a structured process of self-appraisal, reflection, and planning, which will enable you to chart your personal, academic and professional development throughout your time at university. By recording your academic performance, and highlighting the skills you already have and those you will need for future employability, the PDP portfolio will equip you with the necessary tools to plan effectively, develop successful approaches to study, and consider your future career options and aspirations.
