Study our MSci Mathematics with Business Management programme to prepare for a career in high level management positions. Mathematics plays a key role in the success of any business and this course will give you the knowledge and skills you need.

You can challenge yourself and study a broad range of subject areas, learning from our world-leading experts how mathematics, computing and statistics are used in business. At the Newcastle Business School you will learn the theory and practice of running a business. In small group tutorials we will encourage you to think critically and independently and you will undertake a large, final year project.

This Business Management MSci is an integrated programme of mathematics and business related topics. You will learn to apply analytical, statistical and computational skills to formulate and tackle problems. We will support you to think logically, independently and imaginatively, equipping you to make the most of the opportunities ahead.

Two-thirds of your degree involves studying the mathematics, computing, and statistics used in analysing problems in a business context. The rest of your time is spent in the Newcastle Business School studying the theory and practice of running a business, covering such subjects as economics, marketing and finance.

In your first year, we will help you to make the step up to university level study and give you a sound mathematical basis in a broad range of subject areas as well as introductions to business, finance and economics. The second year will introduce you to more advanced areas of business mathematics allowing you to develop particular strengths. You can decide at the end of this year whether to continue onto the BSc or MSci programme.

In your third year, you can specialise and choose from a range of modules such as game theory and supply chain management. Then in your final year, you take high-level modules in management mathematics and business. A large project is integral and you study under the guidance of an individual supervisor. You could choose to undertake advanced theoretical work or tackle a real-world problem.

 

Why study Mathematics with Business Management MSci at Newcastle?

  • Choice of modules allows you to specialise in areas that interest you
  • Learn from world-leading experts and an opportunity to study at the world class Newcastle Business School
  • You will take a fourth year MSci dissertation which is a research project contributing to a third of your final year mark. Here you will carry out independent research on an area of mathematics of your choosing. You will have an academic member of staff assigned to you as a project supervisor who you will meet with on a weekly basis to support your work. This project is a fantastic opportunity to explore an area in more detail and is excellent preparation for further study and research
  • Weekly small group tutorials mean you can work closely with academic staff and other students
  • Use of the Mathematics Learning Resource Centre provides you with a learning environment where you can work independently, in groups, or with help from postgraduate students
  • You will be supported in your study with with opportunities to discuss problems with lecturers, drop-in study sessions and peer-led support classes

Institutional Accreditation 

Regional accreditation is an institution-level accreditation status granted by one of six U.S. regional accrediting bodies. Accreditation by more than one regional accrediting body is not permitted by the U.S. Department of Education.

University of Newcastle is accredited by the DETC Higher Learning Commission (DETC), www.detc.org.uk Since , University of Newcastle has been continually accredited by the DETC Higher Learning Commission and its predecessor.

Mathematics with Business Management MSci

Course Level:

Undergraduate, Single Honours

Credits 

120

Course

CODE U434

How long it takes:

Undergraduate (4 Year)

Study Mode:

Distance learning/ Campus

Course cost

Price: US$20,220

Entry requirements

Find out more about

Department:

Newcastle Law School

Year 1

The first year develops the basic techniques in mathematics, statistics and computing that you will need in later years. It also provides an introduction to business, finance and economics through modules given by the Newcastle Business School.

  • Real Analysis  – 20 credits
  • Algebra & Combinatorics 1  – 20 credits
  • Vectors, Geometry & Linear Algebra – 20 credits
  • Sequences and Series – 10 credits
  • Probability & Statistics  – 10 credits
  • Introduction to Management and Marketing – 20 credits
  • Introduction to Economics and Finance – 20 credits

    

Year 2 

The second year introduces you to some of the more advanced areas of business mathematics, such as linear programming, allowing you to develop your particular strengths and interests in the third year. You also take modules in financial decision making, marketing and human resource management.

Core modules

  • Multivariable & Vector Analysis – 20 credits
  • Linear Algebra & Linear Programming  – 20  credits
  • International Economics and Financial Decision Making – 20 credits
  • Real and Complex Analysis – 20 credits

Optional modules

Select one of the two modules marked (*) and one of the two modules marked (**) of options. Example optional modules, all 20 credits:

  • Differential Equations *
  • Statistics *
  • Human Resource Management **
  • Marketing and New Technology **

Year 3 

The third year involves a mixture of compulsory and optional modules. You study topics such as game theory, mathematical finance, heuristic optimisation and supply chain management. All modules 20 credits.

Core modules

  • Integer Programming and Combinatorial Optimisation
  • Strategic and Innovation Management
  • Game Theory and Multicriteria Decision Making
  • Corporate Finance and Supply Chain Management

Optional modules

Choose 40 credits of options. Example optional modules, all 20 credits, subject to timetabling restrictions and necessary pre-requisites.

  • Combinatorics and Communication Theory
  • Medical Statistics
  • Statistical Methods in Economics
  • Differential Equations
  • Algebra & Combinatorics 2
  • Statistics
  • Nonlinear Programming I and Heuristic Optimisation
  • Graph Theory
  • Mathematical Finance
  • Number Theory
  • Applied Statistics

Year 4 

In the final year of the MSci you take high-level modules in management mathematics and business. Integral to the fourth year is the large project module, which you study under the guidance of an individual supervisor. Here you might choose to undertake advanced theoretical work or tackle a real-world problem by analysing data provided by companies; the latter offering excellent employment contacts and possibilities.

Core modules

  • Advanced Business Economics – 20 credits
  • Small Business and Entrepreneurship – 20 credits
  • Project in Mathematics with Business Management (MSci) – 40 credits

Optional modules

Choose 40 credits of options. Example optional modules:

  • Graph Theory – 20 credits 
  • Applied Statistics – 20 credits
  • Methods in Partial Differential Equations – 20 credits
  • Continuum Mechanics – 20 credits
  • Mathematical Finance – 20 credits
  • Number Theory – 20 credits
  • Combinatorics and Communication Theory – 20 credits
  • Multicriteria Decision Making – 10 credits
  • Nonlinear Programming II – 10 credits
  • Further Mathematical Finance – 10 credits
  • Group Theory and Galois Theory A & B – 20 credits
  • Medical Statistics – 20 credits
  • Conic Optimisation – 10 credits
  • Statistical Methods in Finance and Economics – 20 credits
  • Numerical Methods II – 10 credits
  • Numerical Linear Algebra with Applications – 10 credits
  • Mathematical Biology I – 10 credits
  • Mathematical Biology II – 10 credits
  • Advanced Topics in Combinatorics A – 10 credits
  • Advanced Topics in Combinatorics B – 10 credits

    Entry requirements

     

    Applicants should normally have one of the following:

    • A non-law bachelor’s degree (from a UK university or recognised by the BSB if you wish to study the BPTC), or
    • A ‘stale’ law degree, where five or more years have elapsed since graduation, or
    • An academic or professional qualification at degree equivalent level

    If English is not your first language, you will also need to demonstrate your English Language proficiency. For example, you should have IELTS 7.5 overall with a minimum of 6.5 in all components.

    If you intend to become a Solicitor

    The Solicitors Regulation Authority has reduced its requirements for pre-authorisation this year. For details of the current arrangements, see the SRA website. You should pay special attention to the Character and Suitability section. If you think you may have a character or suitability issue, you may wish to clarify with the SRA before proceeding with the GDL.

    See further details of our English Language requirement

    USA,UK & EU students, 2019/20 (per year)

    £8,500

    International students starting 2019/20 (per year)

    £13,100

     

    Assessment

    You’ll show your progress through a combination of written essays, problem-solving assignments and presentations.

    All students take our core modules, but please note that the availability of optional modules is subject to demand.

    Our degrees in Mathematics will help you develop the knowledge and skills you need for a huge range of careers or further academic study. Where logical thinking, problem solving and statistical or strategic knowledge are required, being one of our graduates will put you ahead.

    91% of our graduates are in employment or further study six months after graduation (DHLE 2016/17)

    Whatever you plan to do when you graduate, we have a comprehensive support package to help you prepare including specialist careers guidance, exclusive work experience opportunities and global internships. Our  Careers Network offers support to help you identify your options, develop your skills and gain access to opportunities:

    • Frequent careers advice drop-in sessions in the School, so you can always get help and advice when you need it.
    • An annual Maths Careers Fair, where you can meet employers specifically interested in mathematics graduates.
    • Regular Careers Skills Workshops run by employers or the College employability team to guide you through your career planning and give you an advantage in the application process for graduate positions and internships.
    • A fortnightly careers e-newsletter, including vacancies suited to maths students, with application deadlines and a calendar of careers events likely to be of interest to you as a maths student.