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BScMathematics with Management

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Overview

This joint programme allows you to explore the world of abstract mathematical ideas and their practical applications, whilst building a strong skill set across all the key areas of business management, from strategy to marketing, accounting to e-commerce. You will develop practical skills in areas such as logistics, budgeting, inventory control and scheduling, as well as transferrable skills in communication and teamwork, numeracy, data handling and analysis, logical thinking and creative problem solving.

Guided by world-class researchers and inspirational teachers, you will gain a solid grounding in all the key methods and concepts of mathematical study, whilst studying cutting-edge theories and practices from the world of business. Whilst there are some core mathematics courses that all students take, you will also be free to choose from a wide range of optional courses, thanks to the programme’s flexible, modular structure. Mathematics will make up 75% of your final degree, with management contributing the remaining 25%.

Our broad curriculum is influenced by our world-class research activities. Our Department of Mathematics is internationally renowned for its work in pure mathematics, information security, statistics and theoretical physics, and our School of Management is a thriving department that just celebrated its 25th anniversary in 2015/16. It takes a fresh and intellectually challenging approach to management research and education. Both departments offer a friendly and motivating learning environment and a strong focus on small group teaching and academic support. We offer generous office hours and a dedicated personal adviser to guide you through your studies, as well as 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.

Mathematics: Numbers and Functions
In this module you will develop an understanding of key mathematical concepts such as the construction of real numbers, limits and convergence of sequences, and continuity of functions. You will look at the infinite processes that are essential for the development of areas such as calculus, determining whether a given sequence tends to a limit, and finding the limits of sequences defined recursively.

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: Linear Alegbra and 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.

Mathematics: Complex Variable
In this module you will develop an understanding of the basic complex variable theory. You will look at the definitions of continuity and differentiability of a complex valued function at a point, and how Cauchy-Riemann equations can be applied. You will examine how to use a power series to define the complex expontential function, and how to obtain Taylor series of rational and other functions of standard type, determining zeros and poles of given functions. You will also consider how to use Cauchy’s Residue Theorem to evaulate real integrals.

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

All modules are optional

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 studying Mathematics with Management you will graduate with an enviable range of transferrable skills to take 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. For example, you will be in demand for your numerical and analytical skills, interpersonal skills, data handling powers, logical thinking and creative problem solving abilities, as well as for your knowledge of information systems, marketing, human resources, accounting, production and operations.

Both departments enjoy strong links with business and industry, across a wide range of sectors. Recent graduates have gone on to enjoy successful careers 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 such as the Institute of Actuaries, 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.

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