Bachelor of Science (Hons) in Financial Mathematics
Financial mathematics is a cross-disciplinary field that brings finance, economics, mathematical theory, statistics and computer science together. Financial mathematics is found to be important in understanding the issues aroused from the ever-increasing complexity of the financial world, especially in the area of constructing the different financial products, hedging and risk management and investment portfolio optimization.
Financial mathematics has been widely used by global financial professionals such as Wall Street traders and financial analysts in commercial banks, investment banks, hedge fund, insurance companies and other financial institutions. In China, the rapid growth of its economy causes a great demand for the graduates from financial mathematics who develop a variety of different financial products in order to meet the needs for capturing the potential growth and for managing the risk.
Our financial mathematics programme starts its enrollment from 2011 and aims to equip our graduates with the skills needed for doing a comprehensive quantitative analysis of financial products, financial institutions and markets.
Students are expected to complete 132 units within the following curriculum structure:
*For more details, please refer to http://uic.edu.hk/en/ar/staff/undergraduate-handbook/21088-undergraduate-handbook-2016-2017-for-2016-admission
Career Prospects & Further Studies
The pressure for the free floating of RMB exchange rate, the development of Shanghai as a financial hub and the globalization of China’s economy cause the great demand for the people with the skills in financial mathematics and with the China focus. Our FM graduates are equipped with those capabilities and can take up the challenging and financially rewarding opportunities in the following areas:
- Financial services: in investment, corporate and private banking, in currency trading, in credit risk and in the management of hedge funds.
- Actuarial profession: working primarily in pensions, life insurance and investments.
- Public sector: government departments, public corporations, central banks and other public sector bodies, such as the World Bank and International Monetary Fund.
- Other areas: in accountancy, tax, law, etc.
Prospects for graduate studies
UIC’s FM is at the international level. Our graduates could make the graduates studies at financial and business programs of most American and European universities. Most American top universities provide financial mathematics or financial engineering related courses, which asks for students with strong mathematics and finance as well good English performance. FM has the similar requirements.
Financial Mathematics and Engineering Programmes http://www.siam.org/activity/fme/programs.php
2013-2014 Ranking of Financial Engineering programmes https://www.quantnet.com/mfe-programs-rankings/
This school offers programs in:
Last updated February 4, 2018