Financial mathematics focuses on the mathematical properties and relations between concepts and elements related to the structure of financial and currency markets in inflation processes analysis, investment and other economic activities. Specialists in the field measure economic activity using currency as the general means of exchange mediation. Experts in financial mathematics are able to analyse and forecast market developments and the feasibility of financial transactions.
Financial mathematics programmes aim to prepare highly qualified professionals who will address issues related to the globalisation of financial markets, the development of financial transactions, the increasing complexity of portfolio investments, the expansion of the labour market, the development of the banking environment, and more.
Sub-disciplines of financial mathematics cover macroeconomics, applied mathematics or computational mathematics. Courses include topics such as: capital markets and portfolio investment, operational research, currency and banking systems, financial management, international finance, multinational companies finance. Financial mathematics students should expect to come across elements from different fields such as economics, finance, accounting or econometrics.
Students in financial mathematics will gain a wide range of skills such as technology skills, an in-depth understanding of advanced economics concepts as well as knowledge of how the financial and banking sectors operate. They will also analyse and identify suitable software applications for solving any problems they encounter during their practice.
Career paths for financial mathematics graduates cover a large area of the financial service industry and include job opportunities in: investment banks, hedge funds, consulting firms, investment firms, insurance companies, commercial banks, brokerage houses and other corporations.Read more