Offered by the Department of Mathematics
BSc in Financial Engineering (external) degree programme focuses on creating new financial strategies and tools used to forecast financial trends, develop financial instruments / models and establish new methods that are beneficial to businesses and organizations to make strategic financial decisions. Students pursuing this degree will learn essential Mathematics, Statistics, language and computer skills, Basic Economics and Accounting, Quantitative techniques, quantitative finance, financial modeling, risk management, corporate finance, Professional development and practices in finance.
Eligibility
GCE Advanced Level Examination (local) – Three passes in one sitting in Mathematics/ Biology/ Commerce Streams
OR
Equivalent Curriculum to local GCE Advanced Level Examination (eg: Edexcel, London A/L, Cambridge A/L, etc. ) including Mathematics as a subject
OR
Any other equivalent academic/professional qualification acceptable to the faculty and the senate
Course Fees
For Sri Lankan Students - LKR 200,000/- per year
For International Students - USD 1,500 per year
For Sri Lankans coming from a foreign territory are entitled to a 20% discount of USD 1,500
Application Fee: LKR 3,000/-
*The course fee payment is not acceptable in installments. However, local students are eligible for a student loan from the Commercial Bank of Sri Lanka.
Dates to be remembered (Intake 2026)
- Calling online application for the 2026 intake: August 2025
- Application deadline for the 2026 intake: September 2025
- Interviews for the 2026 intake: October 2025
- Registration of 2026 intake at CCUC: December 2025
- Inauguration of the program for 2026 intake: January 2026
- Commencement of the program for 2026 intake: January 2026
For Any Inquiries:
Coordinator
Prof. Sanjeewa Perera
bscfe@sci.cmb.ac.lk
+94 777 751 627
Rationale
The drive toward financial market expansion and development suggests the need for people who are able to identify, evaluate, forecast, disseminate and provide integrated solutions to meet the needs of financial sector. “Financial Engineering” continues to be one of the fastest growing areas within modern financing/banking. Together with the sophistication and complexity of modern financial products, this exciting discipline continues to act as the motivating factor for new mathematical models and the subsequent development of associated computational schemes. Although relatively young, financial mathematics has developed rapidly into a substantial body of knowledge and established part of mathematical science. The proposed revision is designed to fulfill the demand for expertise in the drive toward financial expansion and development.
The course is structured to support all part-time external students to engage with the Lecturers in the course modules continuously. Learning Management system (LMS) is used as a self-learning assessment and evaluation mechanism.
The intellectually exciting and practical Finance course will prepare students for a range of careers in the financial analysis field within Sri Lanka and internationally. With a degree in Financial Engineering students can harness skills necessary for economic analysis, financial forecasting, and financial practice as well as for financial consultancy, advisory and financial product development/analysis.
Programme Duration
The duration of the program is 3 years. During each year, the programme is conducted over 2 semesters of 20 weeks. The courses are offered in Blended Mode. 100% of lessons and discussions are conducted online during weekends (Saturday – 2 hours, Sunday – full day).
Indented Learning Outcomes of BSc in Financial Engineering
The end of the 3 years (SLQF Level 5) BSc in Financial Engineering Degree holders should be able to:
- demonstrate knowledge and proficiency in the terminologies, theories, concepts, practices and skills specific to the field of finance and insurance financial product development.
- observe and interpret financial markets to uncover potential opportunities and construct financial portfolios.
- apply best practices in financial management to make plans, organize projects, monitor outcomes and provide financial leadership.
- apply the Standards of Practice and Codes of Conduct of Financial Practitioners to address ethical challenges within the business environment and demonstrate intellectual maturity in a global setting.
- practice professionalism and uphold ethical standards and improve/update skills required for employment and life-long learning.
- effectively communicate & disseminate knowledge, information and ideas to specialist and a wider society
- perform independently as well as interdependently
Programme Structure
BSc in Financial Engineering will be completed in three years (90 Credits / SLQF Level 5) and it consists of three levels.
LEVEL I: Diploma in Financial Engineering (30 Credits)
LEVEL II: Advanced Diploma in Financial Engineering (60 Credits)
LEVEL III: BSc in Financial Engineering (90 Credits)
*Please find the more details of the programme:
Student Handbooks:
- BSc (External) in Financial Engineering Course Catalog 2025
- BSc (External) in Financial Engineering Course Catalog 2024
- BSc (External) in Financial Engineering Course Catalog 2023
- BSc (External) in Financial Engineering Course Catalog 2022
- BSc (External) in Financial Engineering Course Catalog 2021
General Guidelines:
Examination Guidelines:
Evaluation Criteria
The theory course modules will be evaluated through written examinations and/or assignments where appropriate. Laboratory course modules will be evaluated by assignments and/or semester end examinations. In some instances, course units may require a mixed mode evaluation including continuous assessments.
Further Information
Further information regarding the Program can be obtained by contacting the program coordinators
The contact details of the program coordinators are as follows.
