Bachelor of Science with Honours (Financial Mathematics)

  Institution: Private: Universiti Sains Islam Malaysia (USIM)

Introduction

Financial mathematics is the application of advanced mathematical methods to financial markets and financial management, using advanced computer technology to predict market behavior and suggest strategies for investment.

Today, banks and other financial institutions usually adopt the techniques of mathematical and financial theory to gain a competitive benefits. The mathematical models used to predict returns, risk measures and value of transactions greater. Method program in the wake, and aided by advanced computer technology, is the ideal equipment for traders and portfolio managers. This development has led to a great demand for graduates with knowledge in financial mathematics.

Financial mathematics can help Malaysia to become more competitive in addressing issues related to trade, investment, international marketing and globalization. Those interested in this field need to have skills and a strong interest in mathematics, economics and finance.

Program Objectives:

• To provide a solid foundation in various mathematical principles, ststistik, economic, financial and technical computing.
• To build the capacity and skills regarding the use of an appropriate approach (epic) mathematics to solve problems of economic and financial diversity.
• To develop appropriate skills in mathematical analysis through structured and analyze various economic and financial issues.
• To improve the ability to use the concept of a quantitative theory, economics and finance in various contexts.
• To improve the ability to find information from a variety of sources and communicate in a more focused and compact in a (epic) economic and financial structure.

Career Opportunities:

Graduate in Financial Mathematics have greater career opportunities, especially in investment and commercial banks, investment firms and brokers, insurance companies, accounting firms and consulting, treasury departments of non-financial corporations, public institutions and international organizations, as well as technology vendors and software that provides products and services to the financial industry.