Mathematics with Accounting and a Year in Industry (2024)
1. Programme Title:Mathematics with Accounting and a Year in Industry |
NQF Level: |
7 |
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2. Description of the Programme (as in the Business Approval Form) |
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Mathematics plays an important role in many aspects of modern life, providing the techniques and language to handle problems from a wide variety of disciplines. It has always been essential for engineering and the physical sciences and is becoming increasingly important in the life sciences and social sciences. Yet mathematics is not only studied because of its applications; it has a fascination and beauty of its own, characterised by precision and logical rigour. Mathematics forms a rewarding, challenging and varied subject of study at university, and works particularly well in combination with other subjects to produce highly employable graduates. The 4-year MSci Mathematics with Accounting degree enables you to combine all the benefits of a mathematical education with an additional specialism in a business-related discipline, and to take your study of both subjects to a deeper level than in a 3-year BSc degree. Graduates from this programme are well-placed to pursue a career in a wide range of industries and businesses.The with a Year in Industry 5-year variant provides a year of extensive practical work experience in a scientific, business or industrial setting, contributing to the development of mathematics/computing skills and employability. |
3. Educational Aims of the Programme |
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The programme is intended to:
h) provide a structured opportunity for students to develop a relationship with a graduate employer, through a year-long placement. |
4. Programme Structure |
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Your Mathematics with Accounting programme is a 5 year programme of study at National Qualification Framework (NQF) level (7) (as confirmed against the FHEQ). This programme is divided into 5 ‘Stages’. Each Stage is normally equivalent to an academic year. The programme is also divided into units of study called ‘modules’ which are assigned a number of ‘credits’. The credit rating of a module is proportional to the total workload, with 1 credit being nominally equivalent to 10 hours of work. If you do not pass the level 3 MTH3100 Industrial Placement module or are not able to secure a placement you will be required to transfer to the 4-year MSci Mathematics with Accounting programme. Interim Awards If you do not complete the programme you may be able to exit with a lower qualification. If you have achieved 120 credits, you may be awarded a Certificate of Higher Education in Mathematics with Accounting and if you achieve 240 credits, where at least 90 credits are at level 2 or above, you may be awarded a Diploma of Higher Education in Mathematics with Accounting. |
5. Programme Modules |
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The following tables describe the programme and constituent modules. Constituent modules may be updated, deleted or replaced as a consequence of the annual programme review of this programme. Details of the modules currently offered may be obtained from the College web site https://intranet.exeter.ac.uk/emps/
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Stage 1
Code | Title | Credits | Compulsory | NonCondonable |
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MTH1000 | Foundations | 0 | Yes | No |
MTH1001 | Mathematical Structures | 30 | Yes | Yes |
MTH1002 | Mathematical Methods | 30 | Yes | Yes |
MTH1004 | Probability, Statistics and Data | 30 | Yes | No |
BEA1008 | Introduction to Financial Accounting | 15 | Yes | Yes |
BEA1009 | Introduction to Management Accounting | 15 | Yes | Yes |
MTH1100 | Employability and Preparation for Placement or Internship | 0 | Yes | No |
Students are required to engage fully with the module MTH1100 by attending CareerZone workshops during the year, and working through online ELE resources such as quizzes, meeting all the requirements as described in the MTH1100 module descriptor, with a deadline of the end of August. Engagement with the module will be assessed through an interview with the module leader of MTH3100 Industrial Placement module, towards the end of stage 1 (term 2 or 3) of the degree programme, and checking completion of ELE-based quizzes and similar, in advance of the September (ref/def) Assessment, Progression and Award Committee meeting. If engagement is poor or incomplete, as determined at that meeting, a student will be required to transfer to the corresponding 4-year MSci Mathematics with Accounting programme.
Stage 2
Code | Title | Credits | Compulsory | NonCondonable |
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Other modules: | ||||
MTH2003 | Differential Equations | 15 | Yes | Yes |
MTH2100 | Employability and Career Resources | 0 | Yes | No |
BEA2019 | Financial Accounting A | 15 | Yes | Yes |
BEA2020 | Financial Accounting B | 15 | Yes | Yes |
BEA2017 | Intermediate Management Accounting | 15 | Yes | Yes |
Select between 45 and 60 credits: | ||||
MTH2004 | Vector Calculus and Applications | 15 | No | No |
MTH2006 | Statistical Modelling and Inference | 30 | No | No |
MTH2008 | Real Analysis | 15 | No | No |
MTH2009 | Complex Analysis | 15 | No | No |
MTH2010 | Groups, Rings and Fields | 15 | No | No |
MTH2011 | Linear Algebra | 15 | No | No |
You may select up to 15 credits: | ||||
XXXXXX | Free Choice | 15 | No | No |
The Free Choice (Electives) can include modules from any College in the University subject to approval, pre-requisites, timetabling and availability.
MTH2003 is prerequisite for MTH2004. MTH2008 is prerequisite for MTH2009.
Standard progression to Stage 3 of the MSci: In addition to the standard progression regulations outlined in section 7, candidates must normally have achieved a stage average of 55% or higher across the full 120 credits of assessment, including any failed and condoned modules. Students who do not reach the threshold may progress to stage 3 of the equivalent BSc programme, as long as the standard progression requirements are met.
Year in Industry
Code | Title | Credits | Compulsory | NonCondonable |
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MTH3100 | Industrial Placement | 120 | Yes | Yes |
Students who fail to pass MTH3100 or who fail to secure a placement or complete the paperwork within the prescribed deadlines will be required to transfer to the 4-year MSci Mathematics with Accounting degree.
Stage 4
Code | Title | Credits | Compulsory | NonCondonable |
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BEA3017 | Advanced Management Accounting | 15 | Yes | Yes |
BEA3020 | Advanced Financial Reporting | 15 | Yes | Yes |
MTHM036 | Research in Mathematical Sciences | 15 | Yes | No |
Select between 45 and 75 credits: | ||||
MTH3001 | Theory of Weather and Climate | 15 | No | No |
MTH3004 | Number Theory | 15 | No | No |
MTH3006 | Mathematical Biology and Ecology | 15 | No | No |
MTH3007 | Fluid Dynamics | 15 | No | No |
MTH3008 | Partial Differential Equations | 15 | No | No |
MTH3011 | Nonlinear Systems and Control | 15 | No | No |
MTH3013 | Applied Differential Geometry | 15 | No | No |
MTH3019 | Mathematics: History and Culture | 15 | No | No |
MTH3022 | Graphs, Networks and Algorithms | 15 | No | No |
MTH3024 | Stochastic Processes | 15 | No | No |
MTH3026 | Cryptography | 15 | No | No |
MTH3028 | Statistical Inference: Theory and Practice | 15 | No | No |
MTH3030 | Mathematics of Climate Change | 15 | No | No |
MTH3038 | Galois Theory | 15 | No | No |
MTH3039 | Computational Nonlinear Dynamics | 15 | No | No |
MTH3040 | Topology and Metric Spaces | 15 | No | No |
MTH3041 | Bayesian statistics, Philosophy and Practice | 15 | No | No |
MTH3044 | Bayesian Data Modelling | 15 | No | No |
MTH3045 | Statistical Computing | 15 | No | No |
MTH3050 | Functional Analysis | 15 | No | No |
You may select up to 30 credits: | ||||
XXXXXXX | Free choice - up to 30 credits | 30 | No | No |
NSC3009 | Aerosols, Clouds and Climate | 15 | No | No |
Students are not normally allowed to take EMP3001 Commercial and Industrial Experience.
The free choice (Elective) can include modules at levels 2 or 3 from any College in the University subject to approval, pre-requisities, timetabling and availability.
Not all optional modules listed will be available each year; options are offered at the discretion of the College.
Stage 5
Code | Title | Credits | Compulsory | NonCondonable |
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MTHM003 | Analysis and Computation for Finance | 15 | Yes | No |
MTHM006 | Mathematical Theory of Option Pricing | 15 | Yes | No |
MTHM032 | Mathematics, Business and Finance Project | 30 | Yes | No |
Select between 15 and 45 credits: | ||||
BEAM024 | Advanced Financial Accounting | 15 | No | No |
BEAM025 | Advanced Management Accounting | 15 | No | No |
BEAM035 | Derivatives Pricing | 15 | No | No |
BEEM113 | Advanced Econometrics | 15 | No | No |
BEEM102 | Quantitative Research Techniques 1 | 15 | No | No |
BE*M*** | Business School M-level Module | 15 | No | No |
Select between 15 and 45 credits: | ||||
MTHM001 | Functional Analysis | 15 | No | No |
MTHM004 | Fractal Geometry | 15 | No | No |
MTHM009 | Advanced Topics in Mathematical & Computational Biology | 15 | No | No |
MTHM010 | Representation Theory of Finite Groups | 15 | No | No |
MTHM017 | Advanced Topics in Statistics | 15 | No | No |
MTHM018 | Dynamical Systems and Chaos | 15 | No | No |
MTHM019 | Fluid Dynamics of Atmospheres and Oceans | 15 | No | No |
MTHM022 | Dynamics and Evolution of Biological Systems | 15 | No | No |
MTHM023 | Modelling the Weather and Climate | 15 | No | No |
MTHM024 | Mathematical Analysis of Biological Systems | 15 | No | No |
MTHM028 | Algebraic Number Theory | 15 | No | No |
MTHM029 | Algebraic Curves | 15 | No | No |
MTHM030 | Waves, Instabilities and Turbulence | 15 | No | No |
MTHM031 | Magnetic Fields and Fluid Flows | 15 | No | No |
MTHM033 | Statistical Modelling in Space and Time | 15 | No | No |
MTHM041 | Analytic Number Theory | 15 | No | No |
MTHM045 | Space Weather and Plasmas | 15 | No | No |
MTHM048 | Ergodic Theory | 15 | No | No |
MTHM052 | Mid-Latitude Weather Systems | 15 | No | No |
MTHM062 | Data-driven Analysis and Modelling of Dynamical Systems | 15 | No | No |
MTHM063 | Uncertainty Quantification | 15 | No | No |
NSCM005 | Mathematical Modelling in Biology and Medicine | 15 | No | No |
You may select up to 30 credits, of which no more than 15 credits can be at level 3: | ||||
***M*** | Free choice of level-M modules | 30 | No | No |
***3*** | Free choice of level-3 module | 15 | No | No |
Not all optional modules listed will be available each year; options are offered at the discretion of the College.
6. Programme Outcomes Linked to Teaching, Learning & Assessment Methods |
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On successfully completing the programme you will be able to: | Intended Learning Outcomes (ILOs) will be accommodated & facilitated by the following learning & teaching and evidenced by the following assessment methods: | |||
A Specialised Subject Skills & Knowledge
1) use the terminology and conventions used in mathematics; 9) apply ideas from mathematics/computing in a scientific, business or industrial setting. | Learning & Teaching ActivitiesKnowledge in (1-4) is primarily provided through formal lectures supported by regular problem sheets providing formative technical exercises for students to tackle on their own. At Stages 1 and 2 lectures are reinforced by regular tutorial groups in which assistance with, and feedback on, problem sheets is given. At later stages in the programme students work on set problems by themselves and seek help when required using the office hours of staff. Applications of mathematics in accounting (3) are introduced in various Stage 1 and 2 modules and more advanced applications are introduced in options at Stages 4 and 5. Modules at Stage 4 encompass a range of special topics in mathematics (4). In depth knowledge of selected topics (5) and their relevance to applications in accounting are provided in Stage 5 options and the compulsory project. Knowledge in (6) is provided through computer practical classes at Stage 1 and is reinforced in some other module in Stage 1 and at later stages. Knowledge in (7) and (8) is acquired in the project at the final stage. For (9) a year-long placement is undertaken by the student and assessed as a component of the degree programme, via the module MTH3100 Industrial Placement . | |||
Assessment MethodsMost knowledge is tested through unseen formal examinations. Assessment of some optional modules involves essays, project reports, oral presentation or computer practicals. The compulsory project is assessed through a written report, a poster/web page and an associated viva. The year-long placement is assessed via reports, a journal, a poster, and an employer's report. | ||||
B Academic Discipline Core Skills & Knowledge
1) explain their reasoning systematically and logically; 11) demonstrate the ability to apply mathematical/computational skills in a scentific, business or industrial evironment. | Learning & Teaching Activities
All these skills are an essential part of the understanding of mathematics, are embedded throughout core elements of the | |||
Assessment MethodsAll these skills are tested indirectly in various core elements of the programme, with (5-9) contributing particularly to the more successful work. They are all assessed in part through written coursework and in part by unseen formal examinations. Skills (7-9) are directly assessed in some optional modules via oral presentation, essays or reports. Skills (4), (5) and (7-10) are assessed in the final Stage project, the associated poster/web page and viva. Skill (11) is assessed via reports, a journal, a poster, and an employer's report, as part of the module covering the year in industry, namely MTH3100 Industrial Placement. | ||||
C Personal / Transferable / Employment Skills & Knowledge
1) use a range of IT software including standard and mathematical word-processing applications and computational packages; 8) have experienced working as a professional in a scientific, business or industrial environment. | Learning & Teaching ActivitiesSkill (1) is developed from Stage 1 through use through use of the mathematical computing packages in core Stage 1 modules. Skills (1-2) are developed in various other core components of the programme e.g. oral presentations in Stage 1 tutorials, and the requirement for submission of word-processed coursework in some assignments in certain modules at Stages 1 and 2. Skill (3) is intrinsic to successful completion of the programme. Skills (4) and (5) are developed in one of the core modules at Stage 1 and in some optional Stage 4 and 5 modules involving project or group work. Skills in (5) are further developed through the business/finance theme. Skills (2), (4) and (6) are integral to the compulsory advanced project at Stage 5. Skill (7) is reinforced through annual self-appraisals with personal tutors. Skill (8) is gained through the year-long industrial placement. | |||
Assessment MethodsSkills (1-3) are indirectly assessed as part of coursework in core modules and effective use of skills (1-4) will generally enhance performance throughout the programme. Skills (1-5) are more directly assessed in one of the core modules at Stage 1 and at Stages 4 and 5 in some optional modules via group exercises, essays, project reports preparation of posters/web pages or oral presentations. Skills (2), (3), (4) and in particular (6) are assessed in the final year project report and associated viva. Skill (8) is assessed through a specific module entitled MTH3100 Industrial Placement, involving report writing and input from the employer. |
7. Programme Regulations |
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Credit The programme consists of 600 credits with 120 credits taken at each stage. Normally not more than 75 credits would be allowed in any one term. In total, participants normally take no more than 150 credits at level 4, and must take at least 210 credits at level 6 or higher of which at least 120 must be at level 7. The pass mark for award of credit in an individual module is 40% for modules taken at NQF Levels 4, 5 and 6 and 50% for modules taken at Level 7. Progression Support for you to find a placement for the year in industry is given through the module MTH1100 Employability and Preparation for Placement or Internship in year 1. Your engagement with the module will be assessed at the September (ref/def) Assessment, Progression and Award Committee at the end of year 1. Students who show insufficient or incomplete engagement will be required to transfer to the corresponding 4-year MSci Mathematics with Accounting degree. A student who is registered for the 4-year MSci Mathematics with Accounting programme will be allowed to transfer to the 5-year MSci Mathematics with Accounting and a Year in Industry programme provided they have secured a placement approved by the Faculty and all the necessary paperwork has been completed within the required deadlines. If you do not pass the MTH3100 Industrial Placement module at stage 3 or are not able to secure a placement (including completing all paperwork by the prescribed deadlines) you will be required to transfer to the 4-year MSci Mathematics with Accounting programme. Condonement is the process that allows you to be awarded credit (and so progress to the next stage or, in the final stage, receive an award), despite failing to achieve a pass mark at a first attempt. You are not entitled to reassessment in condoned credit. Up to 30 credits of failure can be condoned in a stage on the following conditions: You must have registered for and participated in modules amounting to at least 120 credits in the stage. You must pass the modules marked with a 'Yes' in the 'non-condonable' column in the tables above. In stages 1-4 you must achieve an average mark of at least 40% across the full 120 credits of assessment, including any failed and condoned modules. In the final stage you must achieve an average mark of at least 50% across the full 120 credits of assessment, including any failed and condoned modules. To proceed to stage 3 of the MSci programme you must normally achieve an average mark of 55% across the full 120 credits of assessment, including any failed and condoned modules. MSci candidates who successfully achieve the general progression requirement for Stage 2 but who do not achieve the requisite average mark for progression to Stage 3 of the MSci can progress on the equivalent BSc programme. Assessment and Awards If you have achieved 120 credits, you may be awarded a Certificate of Higher Education in Mathematics with Accounting. If you achieve 240 credits, where at least 90 credits are at NQF Level 5 or above, you may be awarded a Diploma of Higher Education in Mathematics with Accounting. If you achieve 300 credits, where at least 60 credits are at NQF level 6 or above, you may be awarded a Bachelor of Science (Ordinary). If you achieve 360 credits, where at least 90 credits are at NQF Level 6 or above, you may be awarded a Bachelor of Science with Honours. Assessment at stage one does not contribute to the summative classification of the award. The award will normally be based on the degree mark formed from the credit-weighted average marks for stages 2, 3, 4 and 5 combined in the ratio 2:1:4:6 respectively. Classification Full details of assessment regulations for UG programmes can be found in the Teaching Quality Assurance Manual (TQA) on the University of Exeter website. Generic marking criteria are also published here. Please see the Teaching and Quality Assurance Manual for further guidance. |
8. College Support for Students and Students' Learning |
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In accordance with University policy a system of personal tutors is in place for all students on this programme. A University-wide statement on such provision is included in the University's TQA Manual. As a student enrolled on this programme you will receive the personal and academic support of the Programme Coordinator and will have regular scheduled meetings with your Personal Tutor; you may request additional meetings as and when required. The role of personal tutors is to provide you with advice and support for the duration of the programme and extends to providing you with details of how to obtain support and guidance on personal difficulties such as accommodation, financial difficulties and sickness. You can also make an appointment to see individual teaching staff. Information Technology (IT) Services provide a wide range of services throughout the Exeter campuses including open access computer rooms, some of which are available 24 hours, 7 days a week. Help may be obtained through the Helpdesk, and most study bedrooms in halls and flats are linked to the University's campus network. Additionally, the College has its own dedicated IT support staff, helpdesk and computer facilities which are linked to the wider network, but which also provide access to some specialised software packages. Email is an important channel of communication between staff and students in the College and an extensive range of web-based information (see https://intranet.exeter.ac.uk/emps/ ) is maintained for the use of students, including a comprehensive and annually revised student handbook. The Harrison Learning Resource Centre is generally open during building open hours. The Centre is available for quiet study, with four separate rooms that can be booked for meetings and group work. Amongst its facilities, the Learning Resource Centre has a number of desks, four meeting rooms with large LCD screens, and free use of a photocopier. Also available are core set texts from your module reading lists, and undergraduate and MSc projects from the past two years. Online Module study resources provide materials for modules that you are registered for, in addition to some useful subject and IT resources. Generic study support resources, library and research skills, past exam papers, and the 'Academic Honesty and Plagiarism' module are also available through the student portal (http://vle.exeter.ac.uk) Student/Staff Liaison Committee enables students & staff to jointly participate in the management and review of the teaching and learning provision. Support for students to find a placement for the year in industry is given through the module MTH1100 Employability and Preparation for Placement or Internship in year 1.
It is the student’s responsibility to secure an industrial placement for Stage 3 of the programme and to meet the deadlines for the submission of paperwork relating to this. The College will be responsible for ensuring that the placement is appropriate, and maintaining regular contact with the student over the duration of the placement. |
10. Admission Criteria |
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All applications are considered individually on merit. The University is committed to an equal opportunities policy with respect to gender, age, race, sexual orientation and/or disability when dealing with applications. It is also committed to widening access to higher education to students from a diverse range of backgrounds and experience. Candidates must satisfy the general admissions requirements of the University of Exeter. Applicants are normally invited to attend Post Offer Open Days, which provide the opportunity to talk with and question members of the academic staff. Candidates must satisfy the entrance requirements for this programme. These are published in full in the University of Exeter Undergraduate Prospectus (see http://www.ex.ac.uk/undergraduate/). In addition to candidates offering GCE AS and A2, those offering International Baccalaureate and appropriate VCE A-levels will also be considered, as well as mature candidates with evidence of appropriate alternative qualifications. Direct entry to Stage 2 of the programmes will also be considered for candidates who have successfully completed study equivalent to the core material in the first stage of the programmes. |
11. Regulation of Assessment and Academic Standards |
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Each academic programme in the University is subject to an agreed College assessment and marking strategy, underpinned by institution-wide assessment procedures. The security of assessment and academic standards is further supported through the appointment of External Examiners for each programme. External Examiners have access to draft papers, course work and examination scripts. They are required to attend the Board of Examiners and to provide an annual report. Annual External Examiner reports are monitored at both College and University level. Their responsibilities are described in the University's code of practice. See the University's TQA Manual for details.
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12. Indicators of Quality and Standards |
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Certain programmes are subject to accreditation and/ or review by professional and statutory regulatory bodies (PSRBs). |
14 | Awarding Institution | University of Exeter | |
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15 | Lead College / Teaching Institution | Faculty of Environment, Science and Economy | |
16 | Partner College / Institution | School of Business | |
17 | Programme accredited/validated by | ||
18 | Final Award(s) | MSci (Hons) | |
19 | UCAS Code (UG programmes) | G2N1 | |
20 | NQF Level of Final Awards(s): | 7 | |
21 | Credit (CATS and ECTS) | 600 credits (300 ECTS) | |
22 | QAA Subject Benchmarking Group (UG and PGT programmes) | Mathematics, Statistics and Operational Research; Accounting; Economics; General Business and Management. |
23 | Origin Date | February 27th 2024 | Last Date of Revision: | December 4th 2024 |
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