Student Intake : 10
Eligibility : GPA of 3.00 for FM core course units and GPA of 3.00 for MS core units offered by the Mathematical department.
Selection Criteria : Total mark obtained for FM core course units taken together.

Mathematical expertise provides important insight for decision making in such diverse areas of business and industry as finance. Mathematics is a highly regarded discipline that both underpins contemporary life and is a fascinating subject in its own right. Skills learned through the study and application of Mathematics often proves invaluable in solving the complex problems arising in today’s workplace.

The Special Degree in ‘Mathematical Finance’ provides good preparation for a career in finance by combining the study of core Mathematics and Statistics with topics in Economics and Finance. These programs include analysis of shares, equities, cash flows and interest rates, along with an introduction to the principles of Microeconomics and Macroeconomics. A ‘Mathematical Finance’ student will receive a solid grounding in Mathematics, Statistics and Economics and it helps with enhancing students’ critical appreciation of major issues and emerging theory in the area of Financial Mathematics.

Special Degree in Mathematical Finance Level 3  Course Modules

Course unit

Title

Credit value

Hours

SUBJECT TYPE

PM 3052Real Analysis II
 3

  45L

x

PM 3054Topology I
 3

  45L

o

PM 3056Real Analysis I
 3

  45L

o

AM 3002Computer applications in discrete Mathematics
 3

  30L/30P

o

AM 3007Computer Applications in Combinatorics
 3

  30L/30P

o

AM 3051Numerical Analysis
 3

 45L

o

MS 3001Introduction to Game Theory
 3

45L

o

FM 3002Actuarial Mathematics II
 3

 45L

o

Special Degree in Mathematical Finance Level 4  Course Modules

Course unit

Title

Credit value

Hours

SUBJECT TYPE

PM 4003Measure Theory
4

  60L

o

PM 4050Complex Analysis
 4

 60L

o

PM 4051Topology II
 3

  45L

o

AM 4006PDE’s and their Applications in Financial Derivatives
 4

  60L

o

FM 4001Applied Functional Analysis
4

 60L

o

FM 4002Financial Mathematics Project
 6

  180P

o

FM 4003Case Studies in FM
3

90P

o

FM 4004Business Accounting

3


30L, 30P

o

FM 4005Microeconomics
2

30L

o

FM 4006Macroeconomics
2

30L

o