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BSc Statistics with Finance


UCAS code: G3N3

Programme requirement:
 GCSE pass at grade A or A* in Mathematics

Usual standard offer:
 A level: grades A A A including Mathematics. Further Mathematics is highly desirable

International Baccalaureate: Diploma with 38 points including 7 6 6 at Higher level (with 7 in Mathematics)

Other qualifications are considered

For further details, see lse.ac.uk/ug/apply/asa

Applications 2015: 185 

First year students 2015:  20

First year:

(* half unit)

Second year:

Third year:

Please note that not every course is available each year and that some courses may only be available with the permission of the course convenor and/or may be subject to space.

You can find the most up-to-date list of optional courses in the Programme Regulations section of the current School Calendar.

You must note however that while care has been taken to ensure that this information is up to date and correct, a change of circumstances since publication may cause the School to change, suspend or withdraw a course or programme of study, or change the fees that apply to it. The School will neither be liable for information that after publication becomes inaccurate or irrelevant, nor for changing, suspending or withdrawing a course or programme of study due to exceptional circumstances or events outside of its control. You must also note that places are limited on some courses or programmes of study and/or subject to specific entry requirements. The School cannot therefore guarantee you a place. You should visit the School’s Calendar, or contact the relevant academic department, for information on the availability and/or content of courses and programmes of study. Certain substantive changes will be listed on the lse.ac.uk/cal/ug/updates page.

Programme details

First year

Elementary Statistical Theory is concerned with both theory and application and is appropriate whether or not your A level Mathematics course included statistics. It forms the basis for later statistics options. Mathematical Methods will continue your A level studies and includes calculus and linear algebra. You will take Economics A or Economics B, depending on your economics background. Economics B is only for students with A level Economics or equivalent. Finally, you can choose between the courses Elements of Accounting, Financial Institutions and Financial Mathematics, and Introduction to Abstract Mathematics. The former will give you an introduction to the preparation, uses and limitations of accounting information and the problems of finance and investment. Introduction to Abstract Mathematics is for students who want to deepen their mathematical skills and is useful for certain mathematics and statistics courses in the second and third years. 

Second year

You take a course in Further Mathematical Methods, building on the Mathematical Methods course. In Probability, Distribution Theory, and Inference, you will receive the statistical foundations needed for the third year. In the Principles of Finance course you examine the theory of financial decision-making by firms and the behaviour of the capital markets in which these decisions are taken. 

For the fourth course you can choose among subjects such as statistical project work, applied regression, actuarial science, real analysis, differential equations, discrete mathematics, optimisation theory, or theory of survey sampling.

Third year

In the third year you have more choices than before. You will take two compulsory half unit courses, Regression and Generalised Linear Models, and Time Series and Forecasting. The former covers the most important parts of the theory and application of regression models, generalised linear models and the analysis of variance, while Time Series and Forecasting introduces statistical analysis of time series data and simple models. You will choose between Corporate Finance, Investments and Financial Markets, which is a broad-based follow-up to Principles of Finance, and Quantitative Finance, which covers financial risk analysis and financial risk management and derivatives pricing. For the remaining two course units various options are available depending on your interests and career plans. You will choose from advanced topics in mathematics, statistics or operational research and one additional course in mathematics, statistics, finance or a topic of choice from other LSE departments.