About this course
The objective for undergraduates majoring in financial mathematics is to cultivate high-level, applied and interdisciplinary financial talents who possess good professional ethics, solid theoretical basis of financial mathematics, superior abilities in data processing and computer programming, high level of foreign languages as well as innovative and entrepreneurial spirit, and are able to engage in financial data processing, model analysis, quantitative investment and risk management in all kinds of financial institutions, and to lay a theoretical foundation for them to pursue postgraduate studies.
Entry Requirements
● Age 18 or above
● Officer of acceptance is conditional upon presentation of high school diploma
● English proficiency test required (IELTS, TOEFL, SAT scores obtained within last two years are accepted), waived for native English speakers
● Academically prepared for rigorous STEM study
Curriculum
Part I: Requirements of length of schooling, degree awarding and graduate credits
1. Length of schooling: 4 years. Elastic length of schooling is implemented in accordance with the credit system management mechanism.
2. Academic degree: Students who have completed the major requirements of the undergraduate program will be awarded the Bachelor’s degree of Economics.
3. Minimum required credits: The minimum required credits for undergraduates majoring in financial mathematics are 148.5 (see part five for specified requirements).
Part II: Major Disciplines
First-level discipline: Economics
Part Ⅲ: Main Courses
Foundational core courses: Mathematical Analysis I&II&III, Linear Algebra I&II, Ordinary Differential Equations A, Theory of Functions of a Real Variable, Probability Theory, Mathematical Statistics, Applied Stochastic Processes, Macroeconomics, Microeconomics, Econometrics, Security Investments, Financial Economics, Models and Pricing of Financial Derivatives, Asset Pricing and Risk Management, and etc.
Part Ⅳ: Main Practical Teaching Links
Undergraduate Thesis/Project, Research Projects and Internship, etc.
PartⅤ:Course structure and the minimum required credit distribution
Scheme 1: Taking courses in Mathematical Analysis series
GE Required Courses: 60.5 credits (including Linear Algebra I and excluding Calculus I & II)
GE Elective Courses: 10 credits
Major Foundational Courses: 14 credits (credits of Linear Algebra I are included in GE Required Courses)
Major Core Courses: 45 credits
Major Elective Courses: 9 credits
Practical Course: 10 credits
The minimum required credits for graduation add up to 148.5.
Scheme 2: Taking courses in Calculus series
GE Required Courses: 68.5 credits (including Calculus I & II and Linear Algebra I)
GE Elective Courses: 10 credits
Major Foundational Courses: 4 credits (4 credits of Linear Algebra II are included)
Major Core Courses: 45 credits
Major Elective Courses: 11 credits
Practical Courses: 10 credits
The minimum required credits for graduation add up to 148.5.
Note: Credits of required courses exclude practical courses credits, but include that of laboratory courses of theory courses.