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BScMathematics and Managemen

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Overview

Excited by the world of business and intrigued by the beauty and logic of mathematics? By combining the two in one degree you will gain an enviable set of transferrable skills to take into the world of work. Our combined programme offers a 50/50 split between management and mathematics, allowing you to pursue your love of mathematics whilst gaining a comprehensive foundation in the cutting-edge theories and practices of modern business management.

Led by experts in the field, you will gain a solid grounding in the key components of each subject in year 1, and in the following two years you will have the flexibility to tailor your studies to your own interests, thanks to the programme’s modular structure. You will develop valuable practical skills in areas such as logistics, budgeting, inventory control and scheduling, as well as in communication and teamwork, numeracy, data handling and analysis, logical thinking, creative problem solving. You will also benefit from studying real life case-studies and learning about the first-hand experiences of business stakeholders.

Our broad curriculum is influenced by our world-class research activities. Our School of Management celebrated its 25th anniversary in 2015/16. It takes a fresh and intellectually challenging approach to management research and education. Our Department of Mathematics is internationally renowned for its work in pure mathematics, information security, statistics and theoretical physics. We will guide you through all the key areas of management, from strategy to marketing, accounting to e-commerce. You will also gain a solid grounding in pure and applied mathematics, statistics and probability, the mathematics of information and financial mathematics, and discover how to apply them to the worlds of business and industry.

Both departments offer a friendly and motivating learning environment and a focus on small group teaching. You will take part in seminars, tutorials, problem solving sessions and practical classes, as well as traditional lectures and supervised project work. You will also benefit from generous staff office hours and a dedicated personal adviser, and we offer CV writing workshops and a competitive work placement scheme.

Programme structure

Year 1

Mathematics: Calculus
In this module, you will develop an understanding of the key concepts in Calculus, including differentiation and integration. You will learn how to factorise polynomials and separate rational functions into partial fractions, differentiate commonly occurring functions, and find definite and indefinite integrals of a variety of functions using substitution or integration by parts. You will also examine how to recognise the standard forms of first-order differential equations, and reduce other equations to these forms and solve them.

Mathematics: Functions of Several Variables
In this module you will develop an understanding of the calculus functions of more than one variable and how it may be used in areas such as geometry and optimisation. You learn how to manipulate partial derivatives, construct and manipulate line integrals, represent curves and surfaces in higher dimensions, calculate areas under a curve and volumes between surfaces, and evaluate double integrals, including the use of change of order of integration and change of coordinates.

Mathematics: Number Systems
In this module you will develop an understanding of the fundamental algebraic structures, including familiar integers and polynomial rings. You will learn how to apply Euclid’s algorithm to find the greatest comon divisor of two integers, and use mathematical induction to prove simple results. You will examine the use of arithmetic operations on complex numbers, extract roots of complex numbers, prove De Morgan’s laws, and determine whether a given mapping is bijective.

Mathematics: Matrix Algebra
In this module you will develop an understanding of basic linear algebra, in particular the use of matrices and vectors. You will look at the basic theoretical and computational techniques of matrix theory, examining the power of vector methods and how they may be used to describe three-dimensional space. You will consider the notions of field, vector space and subspace, and learn how to calculate the determinant of an n x n matrix.

International Business
In this module you will develop an understanding of the formal economic, political and legal institutions, as well as cultural, religious, and linguistic differences that must be taken into account when conducting business across borders. You will look at how the global context in which companies operate has evolved over time, considering the role of foreign direct investment and internationalisation strategies. You will examine the motivations for entering a foreign market, the factors determining whether a company enters on their own or in partnership, the risks of entry and how they are analysed, and how companies negotiate with governments.

Markets and Consumption
In this module you will develop an understanding of how marketing can be seen as both an academic discipline and as a business practice. You will look at the role of the consumer as a stakeholder in an organisation, examining how they make consumption decisions. You will assess marketing as a business practice, considering how it has penetrated all sectors of the economy (private, public, and not-for-profit). In addition, you will learn about the sustainability of marketing practices in an increasingly globalised consumer society.

Accounting
In this module you will develop an understanding of the basic concepts of accounting, examining its role in organisations and society. You will consider the basic components of financial statements, including income statement, balance sheets, and cash flow statements, and the procedures and techniques for the preparation of these. You will also look at the principles of financial decision making and how to analyse accounting information

Organisation Studies
In this module you will develop an understanding of organisation as a process and the organisation as an entity. You will look at key managerial activities, examining classical ideas about organisation with the context of nationalisation and humanisation. You will see how these ideas reappear, albeit in a modified form, in contemporary organisations, looking at organisational forms and modern management techniques such as culture management, emotional labour, and charismatic leadership. You will also consider Max Weber’s distinction of formal and substantive rationality and Anthony Giddens’ formulation of the duality of action and structure.

Year 2

Mathematics: Graphs and Optimisation
In this module you will develop an understanding of the basic concepts of graph theory and linear programming. You will consider how railroad networks, electrical networks, social networks, and the web can be modelled by graphs, and look at basic examples of graph classes such as paths, cycles and trees. You will examine the flows in networks and how these are related to linear programming, solving problems using the simplex algorithm and the strong duality theorem.

Mathematics: Linear Algebra and Group Project
In this module you will develop an understanding of vectors and matrices within the context of vector spaces, with a focus on deriving and using various decompositions of matrices, including eigenvalue decompositions and the so-called normal forms. You will learn how these abstract notions can be used to solve problems encountered in other fields of science and mathematics, such as optimisation theory. Working in small groups, you will put together different aspects of mathematics in a project on a topic of your choosing, disseminating your findings in writing and giving an oral presentation to your peers.

Strategic Management
In this module you will develop an understanding of the theories of strategic management. You will consider these theories in the context of contemporary business operations, including the political and regulatory frameworks, in response to technological change, financialisation, the development of new business models, and changes in the way corporate performance is assessed. You will look at key concepts and debates in the theory of corporate and business strategy, and examine the changing context in which corporate strategy is formulated and implemented.

Marketing Strategy in Context
In this module you will develop an understanding of the marketing strategies used by organisations. You will look at the elements of the marketing mix and their critical interrelationships, examining the competitive environment, customer insights, market information systems, business models, enterprise competencies, control, evaluation and innovation. You will also consider the sustainability of marketing practices in an increasingly globalised consumer society.

Managerial Accounting
In this module you will develop an understanding of the technical and non-technical aspects of management accounting. You will look at traditional costing methods and techniques, such as contribution volume profit analysis (CVP), budgeting, responsibility accounting, transfer pricing, and decision-making, alongside more innovative management tools, including activity based costing (ABC), activity based management (ABM), and the balanced scorecard. You will examine the issues underlying pricing and product offering and consider the importance of quality and cost control as strategic objectives for improving organisational performance.

Human Resource Management
In this module you will develop an understanding of the significance of human resource management in organisations. You will look at the links between product market and human resourcing strategies, the role of human resources planning in workforce management, and polices such as employee participation and involvement, including the role of trade unions in employment relationships. You will examine the regulation of labour markets, employment discrimination and conflict and resistance at work. You will also consider specific human resources practices, such as recruitment and selection, training and development and pay and performance management.

Year 3

Integrating Management – Business in Context
In this module you will develop an understanding of the key business and management activities, and the opportunities and challenges that arise from the external business context in the early 21st century. You will look at the business context from the perspective of selected corporate functions, and consider the social, environmental or ethical challenges companies face. You will examine how firms can address such issues and become familiar with appropriate courses of action.

Integrating Management – Leadership and Innovation
In this module you will develop an understanding of the innovation challenges that contemporary organisations face. You will look at innovative solutions to leadership problems, and consider how organisational systems contribute to innovation. You will examine the impact of different leadership styles. the merits of disruptive innovation, and analyse the extent to which excellent innovation and leadership affects organisational sustainability.

Optional modules

In addition to these mandatory course units there are a number of optional course units available during your degree studies. The following is a selection of optional course units that are likely to be available. Please note that although the College will keep changes to a minimum, new units may be offered or existing units may be withdrawn, for example, in response to a change in staff. Applicants will be informed if any significant changes need to be made.

Career opportunities

By combining mathematics and management studies in equal measure you will graduate with an enviable range of skills that can be taken straight into the world of work. Your advanced understanding of mathematical ideas and methods and the latest ideas and trends in business management will set you apart and prepare you for a wide range of fields. You will be in demand for your understanding of information systems, marketing, human resources, accounting, production and operations, as well as for your numerical and analytical skills, interpersonal skills, data handling powers, logical thinking and creative problem solving abilities.

We have a strong track record of helping graduates into successful careers. Our recent management and mathematics graduates have gone on to work in business management and consultancy around the world, as well as in computer analysis and programming, accountancy, the civil service, teaching, actuarial science, finance, risk analysis, research and engineering. They work for organisations as diverse as: KPMG, Ernst & Young, the Ministry of Defence, Barclays Bank, Lloyds Banking Group, the Department of Health, Logica, McLaren, Vodafone, Deutsche Bank, Nestlé, Siemens and Credit Suisse Asset Management. Depending on your choice of courses, you could also be eligible for certain membership exemptions from professional bodies after graduating.

We offer a competitive work experience scheme at the end of year 2, with short-term placements available during the summer holidays. You will also attend a CV writing workshop as part of your core modules in year 2, and your personal adviser and the campus Careers team will be on hand to offer advice and guidance on your chosen career. The University of London Careers Advisory Service also offers tailored sessions on finding summer internships or holiday jobs and securing employment after graduation.

Apply now! Fall semester 2021/22
This intake is not applicable

Application deadlines apply to citizens of: United States

Apply now! Fall semester 2021/22
This intake is not applicable

Application deadlines apply to citizens of: United States