Universiti Tunku Abdul Rahman UTAR

Overview of Bachelor of Science (Honours) Financial Mathematics in Universiti Tunku Abdul Rahman UTAR Malaysia

This programme stresses on producing graduates with advanced training in quantitative finance. Nowadays, as the economic environment becomes more and more complicated, we need financial professionals who are capable to analyze, evaluate and plan for the global and regional economy. UTAR's Finance Mathematics program provides the best training for this purpose. 

Mathematical finance draws from the disciplines of probability theory, statistics, scientific computing and partial differential equations to provide models and derive relationships between fundamental variables such as asset prices, market movements and interest rates. 

These mathematical tools allow us to draw conclusions. For example, the theory of option pricing due to Black, Scholes and Merton allow us to assign a value to an option using arbitrage free arguments. 

This theory, for which Scholes and Merton were awarded the Nobel Prize in 1997, is an excellent illustration of the interaction between mathematics and financial theory. Other than its application to trading and regulation, the theory of finance has now become increasingly mathematical that problems in finance are now driving certain areas of mathematical research. 

CAREER PROSPECTS

• Financial Analyst 
• Risk Manager 
• Commercial Bank Consultant 
• Investment Consultant 

PROGRAMME STRUCTURE

Year 1

• Business Accounting I 
• Calculus I 
• Calculus II 
• Co-Curriculum 
• Elective Group III 
• Fundamentals of Linear Algebra 
• Fundamentals of Programming 
• Introduction to Scientific Computing 
• MPU1* 
• National Language/Other Languages 
• Probability and Statistics I 
• Probability and Statistics II 
• Sun Zi's Art of War and Business Strategies 
• Theory of Interest 

Year 2

• Business Finance 
• Elective Group I 
• Elective Group II 
• Elective Group III 
• Elective Group IV 
• Macroeconomics I 
• Microeconomics I 
• Numerical Methods 
• Portfolio Management 
• Sociology in Malaysian Context 
• Statistical Decision 

Year 3

• Computational Finance 
• Elective Group I 
• Elective Group II 
• Elective Project 
• Financial Economics I 
• Financial Markets and Regulations 
• Fundamentals of Financial Mathematics 
• Industrial Training 
• MPU1** 
• Risk Management 

Elective Group I - Choose 4 course(s)

• Applied Statistical Models 
• Calculus III 
• Data Analysis for Business Intelligence 
• Derivative Security 
• Elementary Real Analysis 
• Mathematical Statistics 
• Operations Research I 
• Predictive Modelling 
• Statistical Simulation for Insurance and Finance 
• Stochastic Processes 
• Time Series Analysis 

• Elective Group II - Choose 3 course(s)

  • Business Accounting II 
  • Business Law 
  • Financial Statement Analysis 
  • International Finance 
  • Introduction to Risk Management and Insurance 
  • Islamic Finance 

• Elective III - Choose 1 course(s)

  • Academic Writing 
  • Basic Professional Writing 
  • Critical Reading and Thinking 
  • Cross-Cultural Interactive Communication 
  • Oral Communication and Interpersonal Skills 
  • Public Speaking and Oral Presentation ???????

• Elective Project - Choose 2 course(s)

  • Case Study on Investment and Trading 
  • Financial Modelling 
  • Project I 
  • Project II  

National Language/Other Language - Choose 1 course

• Bahasa Kebangsaan (A) - For Malaysian only, without SPM-BM credit
• Communication Tamil For Health Sciences
• Introduction to French
• Introduction to German Language
• Introduction to Japanese
• Introduction to Korean
• Introduction to Tamil Language
• Introduction to Thai Language

• MPU 1* - Choose 1 course

  • Hubungan Etnik - For Local Students
  • Malaysian Studies 3 - For International Students

• MPU 1** - Choose 1 course

  • Bahasa Melayu Komunikasi 2 - For International Students
  • Tamadun Islam dan Tamadun Asia (TITAS) - For Local Students

Co-curriculum - Choose 1 course

• Art, Craft, and Design
• Arts and Cultural Performance
• Community Project
• Critical Thinking, Creative Thinking and Problem Solving
• Language, Culture and Social Study Aboard
• Leadership and Teambuilding
• Managing Personal Finance
• Management of Martial Arts Activity
• Management of Sports Activity
• Oral Communication
• Social Entrepreneurship Project
• Study Soft Skills and/or Life Skills Abroad
• Team Work and Collaborative Project

ENTRY REQUIREMENTS