Offered by the Department of Mathematics
The MSc/PG Diploma in Financial Mathematics aims to provide a professional development package for professionals in the discipline of Finance, Insurance, Banks, Financial Analysis, Financial Consultancy and Financial Simulation sectors. The award of the degree will provide its recipients with a valuable professional qualification.
Considering new trends in the field of quantitative finance, starting from year 2020 batch, the program provides two pathways, namely,
- Financial Engineering
- Financial Analysis
Financial Analysis is focused more towards qualitative aspects, and Financial Engineering is focused on deeper quantitative aspects. Both pathways require core concepts and tools of financial mathematics in the areas of finance, applied mathematics, statistics and computer science. They form the common set of courses delivered in semester I. The split into the two pathways is introduced in semester II based on student demand. In semester III, a related industry project is introduced to strengthen the acquired knowledge in the industry setting.
Eligibility
A Bachelor of Science with Pure Mathematics or Applied Mathematics or Statistics or Finance as a subject,
OR
Bachelor of Science in Engineering from a recognized university,
OR
any other equivalent professional qualification acceptable to the senate of the University of Colombo.
The duration of the program is 2 years. The courses are offered in Blended Mode. 100% of lessons and discussions are conducted online during weekends (Saturday- full day).
Course Fees
For Local Students :
| First Installment (On Registration) | Second Installment (Before Semester I Examinations) | Total (LKR) |
|---|---|---|
| LKR 300,000 | LKR 150,000 | 450,000 |
| *LKR 50,000 discount for one-time payment on registration | 400,000 | |
For International Students : USD 4,000
For Sri Lankans coming from a foreign territory 30% discount from USD 4,000
Application Fee:
For Local Applicants
: LKR 4,000
For International and Sri Lankan Applicants coming from foreign territory
: USD 25
Dates to remember
- Call for applications: February 2025
- Application Deadline: 1st April 2025
- Commencement of the program: July 2025
For International and Expat Student
Further Information
Further information regarding the MSc Program can be obtained by contacting the program coordinator.
Contact details of the program coordinator are as follows.
Prof. Sanjeewa Perera
Coordinator | MSc in Financial Mathematics
mscfm@sci.cmb.ac.lk
+94 77 775 1627