Offered by the Department of Mathematics
Finance and Insurance are areas with a great potential of applicable advanced research and rewarding career options in a wide range of industries. These fields have shown substantial growth despite the recent economic downturn. Therefore, there is a high degree of guaranteed employability in comparison with other areas. Studying finance and insurance could be a good choice for potential students who wish to pursue their career either in postgraduate research or in the insurance sector. These fields are dense with job opportunities in a growing knowledge economy.
BSc Honours in Finance and Insurance programme is designed to provide insight into insurance, banking, finance and fundamentals of management in aspects of both theory and practice. This degree will enable students to pursue a wide range of careers in the financial services industry and to gain professional qualifications.
Intended Learning Outcomes
At the end of the 04 years (SLQF Level 6) BSc Honours in Finance and Insurance (Industrial Orientation) holders should be able to:
- demonstrate thorough and systematic understanding of advanced concepts in the field of finance and insurance.
- demonstrate practical skills in applied mathematics, finance, insurance and related disciplines, through the use of established techniques and development of new techniques.
- demonstrate creativity through innovation.
- effectively communicate information and ideas to a wider audience.
- recognize and act on opportunities.
- practice professionalism and uphold ethical standards.
- function independently as well as interdependently.
- demonstrate leadership skills.
- express emotional and intellectual maturity in a global setting.
Coordinator
Specific Learning Outcomes
On completion of the programme which consists of a course work component together with an industrial training and industrial research project, the students should be able to:
- demonstrate knowledge and proficiency in the terminologies, theories, concepts, practices and skills specific to the field of finance and insurance.
- apply best practices in financial management to make plans, organize projects, monitor outcomes and provide financial leadership.
- observe and interpret financial markets to uncover potential opportunities and construct financial portfolios.
- apply the Standards of Practice and Codes of Conduct of Financial Practitioners to address ethical challenges within the business environment.
Entry Requirements
Eligibility: A minimum GPA of 2.50 at the end level II for all registered courses including CS core courses.
Course Modules
(L – No. of Lecture hours, P – No. of Practical hours, O – Optional, X – Compulsory)
* Will not be considered when calculating GPA
Level 3
Semester | Course Code | Title | No. of Credits | No. of Hours | |
---|---|---|---|---|---|
Semester I | AM 3031 | Mathematical Methods I | 3C | 45L | X |
Semester I | FM 3032 | Quantitative Finance | 3C | 45L | X |
Semester I | FM 3012 | Economics I for Finance and Insurance | 3C | 45L | O |
Semester I | FM 3013 | Insuarance Mathematics I | 3C | 45L | X |
Semester I | FM 3008 | Case Study in Finance | 4C | 120P | X |
Semester I | ST 3006 | Regression Analysis | 2C | 30L | O |
Semester II | FM 3006 | Insurance Market and Products | 3C | 30L 30P | X |
Semester II | FM 3035 | Game Theory and Decision Theory | 3C | 30L 30P | O |
Semester II | MS 3018 | Accounting for Finance | 3C | 45L | O |
Semester II | FM 3014 | Insurance mathematics II | 3C | 45L | X |
Semester II | EC 3031 | Community Service | 4C * | 120P | * |
Level 4
Semester | Course Code | Title | No. of Credits | No. of Hours | |
---|---|---|---|---|---|
Semester I | FM 4007 | Economics II for Finance and Insurance | 3C | 45L | O |
Semester I | FM 4008 | Case Study in Insurance | 3C | 90P | X |
Semester I | FM 4012 | Insurance Mathematics III | 3C | 30L 30P | X |
Semester I | MS 4005 | Professional Development in Finance & Insurance | 3C | 30L 30P | O |
Semester I | MS 4004 | Statement Analysis | 3C | 30L 30P | X |
Semester II | MS 4006 | Entrepreneurship in Insurance & Finance | 3C | 30L 30P | O |
Semester II | FM 4010 | Industrial Training | 6C * | 180P | X |
Semester II | FM 4011 | Industrial Research Project | 6C | 180P | X |