College of Computer Sciences & Information Systems
The BS in Mathematical and Computational Finance is an applied Mathematics program with a well-developed application in Finance structured for the students who might be interested in Mathematics and desired for a career in Business. BS Financial Mathemat- ics course offers a comprehensive variety of modules across mathematics, statistics, finance, and programming. The course will empower the student to cultivate expertise in creative problem-solving and logical reasoning, to analyze market forces, minimize risk and maximize profitability, which are in great demand in a wide range of career sectors.
BS in Mathematical and Computational Finance will be a 4-year degree program with two semesters in each year. It will require the completion of 138 credit hours of course work, 6 credit hours of the project approved by the college and compulsory computational finance internship of at least 6 weeks in an approved firm. Students must take a minimum load of 12 credit hours (four courses) or a maximum load of 18 credit hours (six courses) in a semester. In order to obtain a BS degree in four years, a student is required to cover twelve courses in a year. Full load of six courses can be taken each in the Fall and Spring semesters with an option of four courses in the latter and making up the shortfall in the summer session. Students must maintain a CGPA of 2.5 for the conferment of the degree.
BS Mathematics and Computational Finance students learn to:
Learn the computational and modelling techniques used to price tradable assets such as bonds, securities, loans, energy and associated derivatives.
Learn to generate, model, value, hedge and trade ingenious financial products.
Acquire an analytical and strategic judgement for controlling the risk connected with complex financial transactions
Be equipped with the engineering-driven approaches widely used to construct and deploy the financial transactions and
processes that, in their context, function as the international financial system and capital markets.
Be provided with the educational background to pursue increasingly responsible management roles in industry.
Be prepared to enter leadership positions in the financial industry and government where they will use their quantitative skills and creativity to provide innovative solutions and develop new or improved products and services.
The BS (Mathematical and Computational Finance) is a four-year program. Applicants who have successfully completed H.Sc with minimum 50% marks in Pre-Engineering or in General Group (with Mathematics) or A-Levels with a maximum 2 ‘C’s in three principal subjects (with Mathematics) are eligible to apply for admission.