This programme is a major/minor degree in favour of mathematics and involves studying courses to the value of 12 units over three years, plus LSE100
In your first year, you take four compulsory foundation courses. You will take Microeconomics and Macroeconomics, Elementary Statistical Theory, Mathematical Methods and an Introduction to Abstract Mathematics. In addition, you will also take LSE100.
(* denotes a half unit course)
This course provides a foundation to help students understand key microeconomic questions using a variety of approaches including quantitative methods.
This course provides a foundation to help students understand key macroeconomic questions using a variety of approaches including quantitative methods.
Elementary Statistical Theory
Provides a precise treatment of introductory probability theory, statistical ideas, methods and techniques.
An introductory-level course for those who wish to use mathematics extensively in social science.
Introduction to Abstract Mathematics
Gives an introduction to abstract mathematics with emphasis on careful formulation and reasoning.
A half unit, running across Autumn and Winter Term in the first year, LSE100 is compulsory for all LSE undergraduate students. This innovative and interactive course is designed to build your capacity to tackle multidimensional problems as a social scientist through interdisciplinary, research-rich education.
In the second year, you take five courses (two of which are ‘half-unit’ courses, each taught over one term rather than two). All your second year courses are compulsory, one in Principles of Finance, one in Further Mathematical Methods, one in Probability, Distribution Theory and Inference and the two half unit course in Real Analysis and Introduction to Pricing, Hedging and Optimisation.
Principles of Finance
Examines companies' longer term investment decisions, and the ways in which these may be financed in the financial markets.
Further Mathematical Methods
Covers calculus and linear algebra
Probability, Distribution Theory and Inference
Continues the study of statistics and provided further statistical foundations for more advanced courses
A course in real analysis for those who have already met the basic concepts of sequences and continuity.
Introduction to Pricing, Hedging and Optimisation*
Introduces the concepts of valuation, hedging and portfolio selection.
In the third year you take four compulsory courses. You will choose two half units from a selection of specified mathematics and statistics courses. You will also take one outside option of any suitable course taught at LSE, subject to the approval of the course tutor.
Risk Management and Modelling*
Covers financial risk analysis and financial risk. It provides a thorough understanding of market risk from both a practical and technical point of view.overs financial risk analysis, financial risk management and derivatives pricing.
Focuses on derivatives, with a particular emphasis on equity derivatives (standard call and put options, exotic options), futures and forward contracts, and interest rate derivatives (swaps, caps and floors, swaptions).
Computational Methods in Financial Mathematics*
Introduces you to a range of computational approaches to solve mathematical problems in finance
Covers the key statistical methods and data-analytic techniques most relevant to finance.
One outside option
Measure Theoretic Probability*
Studies the fundamentals of modern probability theory
Mathematics of Finance and Valuation*
Studies the mathematical tools of stochastic calculus and develops the Black Scholes theory of financial markets.
Regression and Generalised Linear Models*
Provides a solid coverage of the most important parts of the theory and application of regression models, generalised linear models and the analysis of variance.
A course in stochastic processes, with applications to insurance.
For the most up-to-date list of optional courses please visit the relevant School Calendar page.
Where regulations permit, you may also be able to take a language, literature or linguistics option as part of your degree. Information can be found on the Language Centre webpages.
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 always notify the affected parties as early as practicably possible and propose any viable and relevant alternative options. Note that 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 events outside of its control, which includes but is not limited to a lack of demand for a course or programme of study, industrial action, fire, flood or other environmental or physical damage to premises.
You must also note that places are limited on some courses and/or subject to specific entry requirements. The School cannot therefore guarantee you a place. Please note that changes to programmes and courses can sometimes occur after you have accepted your offer of a place. These changes are normally made in light of developments in the discipline or path-breaking research, or on the basis of student feedback. Changes can take the form of altered course content, teaching formats or assessment modes. Any such changes are intended to enhance the student learning experience. 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 updated undergraduate course and programme information page.