Bachelor of Science in Financial Mathematics Course content

Module electives - what are they?

Electives give you the opportunity to choose modules that you want to study.

Each Semester you will be given a choice of a number of modules and you will be asked to select a certain amount to study. This can range from 1 module to 4 modules, based on the course.

For example, you may be given a list of 4 modules, and will be asked to choose 2 to study for the upcoming semester.

Electives in financial mathematics

You will choose to study one of the 2 modules listed below:

• Financial Accounting
• Microeconomics

If you choose Financial Accounting in term 1, then you will proceed and take Accounting (for Financial Decision Making) in term 2. Similarly, if you take Microeconomics in term 1, you willi take Macroeconomics in term 2.

Whatever the student's choice, there are no consequences for the rest of the programme, in higher years.

You will learn about trading, asset management and risk analysis of complicated financial products while at the same time developing solid mathematical skills. Typical modules include;

• Calculus
• Mathematical and Statistical Models of Investments
• Stochastic Differential Equations for Finance
• Numerical Computation

While this course is not an Actuarial Programme, graduates can obtain two exemptions from the Institute and Faculty of Actuaries: Actuarial Statistics and Business Economics.

There are many career opportunities in financial trading companies, teaching, investment companies, banks, government financial bodies, actuarial and insurance companies, energy and power companies, agribusinesses etc.

To find out more, email eberhard.mayerhofer@ul.ie